Name of the lender

Carrington Mortgage Services LLCMortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Orange, CA
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)
Earlier names on its filings: Carrington Mortgage Services; Carrington Mortgage Services L

Figures by state (CSV)

Carrington Mortgage Services LLC reported 52,211 mortgage applications in the HMDA data of 2025.

It originated 15,089 loans in 2025, for $3.6 billion in total.

The median interest rate of its loans in 2025 was 6.125%, and the national median was 6.375%.

The median total loan costs of its loans in 2025 were $10,006, and the national median was $6,413.

It denied 54.2% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Carrington Mortgage Services LLC, 2025
Figure	This lender	United States
Applications	52,2110.4% of the US total	11,766,671
Loans originated	15,089$3.6 billion	6,827,891
Median interest rate	6.125%	6.375%
Median total loan costs	$10,006	$6,413
Denial rate	54.2%	22.6%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Interest rate and total loan costs of Carrington Mortgage Services LLC by loan type, 2025Medians. Each value has the national median of the same loan type under it.
Loan type	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
All loans	10,375	6.125%US 6.375%	$10,006US $6,413	0.314US 0.161
Conventional	2,801	6.625%US 6.500%	$8,326US $5,393	0.525US 0.175
FHA-insured	5,139	6.125%US 6.250%	$11,281US $11,084	0.476US 0.432
VA-guaranteed	2,420	5.750%US 6.000%	$8,280US $6,088	−0.509US −0.422

Interest rate and total loan costs of Carrington Mortgage Services LLC by loan purpose, 2025Medians, with the national median under each value.
Loan purpose	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
Home purchase	1,889	6.125%US 6.500%	$5,967US $6,632	0.099US 0.169
Refinancing	1,425	6.125%US 5.999%	$8,574US $4,883	−0.039US −0.069
Cash-out refinancing	7,060	6.125%US 6.500%	$10,698US $8,095	0.372US 0.376

Parts of the total loan costs of Carrington Mortgage Services LLC by loan type, 2025Medians, with the national median under each value.
Loan type	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits
All loans	$5,522US $2,062	$4,473US $2,823	$193US $567
Conventional	$5,801US $1,981	$3,473US $2,588	$225US $604
FHA-insured	$5,459US $2,831	$4,497US $3,270	$200US $567
VA-guaranteed	$5,364US $1,729	$5,924US $3,300	$105US $472

The median rate spread of these loans was 0.314 percentage points above the average prime offer rate (APOR). On a loan of $300,000, that is about $942 more a year, or $79 more a month. The national median spread was 0.161 points.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different. What a rate spread is.

Median interest rate by year: Carrington Mortgage Services LLC and the United States

Carrington Mortgage Services LLCUnited States

Action takenHMDA codes and labels

Records of Carrington Mortgage Services LLC by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	15,089	28.7%	50.4%
2Application approved but not accepted	4,558	8.7%	3.1%
3Application denied	23,245	44.2%	15.6%
4Application withdrawn by applicant	9,305	17.7%	12.6%
5File closed for incompleteness	14	0.0%	5.1%
6Purchased loan	209	0.4%	11.7%
7Preapproval request denied	178	0.3%	0.4%
8Preapproval request approved but not accepted	1	0.0%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

Denials of Carrington Mortgage Services LLC by the first reason that it coded, 2025
Denial reason	Denials	Share	US share
1Debt-to-income ratio	1,489	6.4%	32.7%
2Employment history	199	0.9%	0.9%
3Credit history	1,669	7.2%	25.6%
4Collateral	899	3.9%	13.8%
5Insufficient cash (downpayment, closing costs)	236	1.0%	2.3%
6Unverifiable information	359	1.5%	4.2%
7Credit application incomplete	17,184	73.9%	12.0%
8Mortgage insurance denied	1	0.0%	0.0%
9Other	1,209	5.2%	8.5%

A lender can code up to four reasons for a denial. This table counts the first reason only.

Loan types and purposesLoans of 2025

Applications of Carrington Mortgage Services LLC by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	25,215	7,441	53.0%US 23.4%
FHA-insured	19,867	5,141	58.4%US 21.8%
VA-guaranteed	7,054	2,492	47.0%US 16.2%
USDA Rural Housing Service or Farm Service Agency guaranteed	75	15	61.0%US 12.9%

Applications of Carrington Mortgage Services LLC by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	4,489	2,268	15.0%
Home improvement	1	1	0.0%
Refinancing	6,854	1,516	10.0%
Cash-out refinancing	40,866	11,304	74.9%
Other purpose	1	0	0.0%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends50 states with 25 applications or more

Carrington Mortgage Services LLC by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Alabama	1,177	332	6.125%	$9,042	55.6%
Alaska	67	27	n/a	n/a	49.2%
Arizona	1,260	358	6.125%	$10,392	53.3%
Arkansas	493	156	6.125%	$8,533	52.9%
California	4,441	1,022	6.125%	$13,594	60.0%
Colorado	921	291	5.625%	$10,029	52.5%
Connecticut	1,031	270	6.125%	$12,907	57.3%
Delaware	243	78	6.125%	$10,952	58.5%
District of Columbia	70	12	n/a	n/a	67.9%
Florida	4,821	1,296	6.125%	$11,153	54.8%
Georgia	3,068	873	6.125%	$10,752	56.5%
Hawaii	182	60	5.813%	$9,952	42.2%
Idaho	197	63	6.250%	$10,601	51.0%
Illinois	1,680	432	6.125%	$9,312	57.8%
Indiana	2,127	732	6.125%	$8,970	50.8%
Iowa	358	124	6.125%	$7,590	46.2%
Kansas	397	107	6.125%	$8,352	59.3%
Kentucky	754	263	6.125%	$9,015	51.4%
Louisiana	1,129	263	6.125%	$8,376	61.5%
Maine	207	68	6.500%	$9,301	48.5%
Maryland	1,617	402	6.125%	$11,937	60.9%
Michigan	1,655	570	6.125%	$8,459	47.9%
Minnesota	573	161	6.125%	$9,263	56.0%
Mississippi	474	130	6.250%	$8,058	57.5%
Missouri	1,043	365	6.125%	$8,698	46.6%
Montana	128	43	6.125%	$12,387	55.5%
Nebraska	135	57	6.125%	$8,157	41.1%
Nevada	500	160	6.000%	$11,927	50.3%
New Hampshire	184	76	6.125%	$13,285	43.2%
New Jersey	1,219	329	6.125%	$14,435	53.5%
New Mexico	376	102	6.125%	$12,268	51.0%
New York	1,663	576	6.624%	$15,802	45.2%
North Carolina	2,120	680	6.125%	$9,631	50.9%
North Dakota	28	7	n/a	n/a	n/a
Ohio	2,059	675	6.125%	$8,876	49.6%
Oklahoma	869	253	6.125%	$9,839	53.9%
Oregon	404	108	5.875%	$11,152	55.8%
Pennsylvania	1,598	441	6.250%	$10,107	55.9%
Rhode Island	231	70	6.500%	$14,736	54.0%
South Carolina	1,168	354	6.125%	$9,780	55.1%
South Dakota	43	12	n/a	n/a	60.5%
Tennessee	1,676	533	6.125%	$9,615	52.6%
Texas	3,471	848	6.625%	$8,416	56.9%
Utah	412	125	5.875%	$10,605	54.7%
Vermont	62	24	n/a	n/a	51.8%
Virginia	1,767	525	6.125%	$10,563	54.7%
Washington	971	291	6.000%	$13,861	51.5%
West Virginia	276	86	6.125%	$10,378	54.9%
Wisconsin	633	206	6.125%	$9,778	49.1%
Wyoming	128	44	6.000%	$12,614	49.1%

Counties of Carrington Mortgage Services LLC with 50 applications or more, 2025In order of the names. The list has the 30 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Bexar County, TX	286	86	$20.6 million	51.3%
Broward County, FL	357	70	$23.1 million	63.0%
Capitol Planning Region, CT	294	86	$19.3 million	55.5%
Clark County, NV	354	104	$33.0 million	53.9%
Cook County, IL	648	127	$29.5 million	62.2%
Dallas County, TX	256	65	$16.0 million	59.9%
Duval County, FL	229	58	$11.7 million	58.7%
El Paso County, CO	218	90	$29.4 million	40.4%
Franklin County, OH	236	78	$15.9 million	52.9%
Fulton County, GA	248	55	$13.3 million	61.3%
Gwinnett County, GA	280	83	$21.7 million	55.7%
Harris County, TX	543	118	$28.9 million	57.0%
Hillsborough County, FL	325	98	$25.4 million	48.7%
Los Angeles County, CA	857	193	$112 million	59.2%
Maricopa County, AZ	669	190	$52.7 million	54.4%
Marion County, IN	238	78	$11.3 million	52.0%
Mecklenburg County, NC	195	56	$13.7 million	53.7%
Miami-Dade County, FL	380	60	$26.2 million	64.0%
Nassau County, NY	214	80	$54.7 million	38.0%
Pinellas County, FL	211	55	$13.2 million	53.6%
Polk County, FL	285	78	$15.7 million	58.1%
Prince George's County, MD	452	92	$24.7 million	68.6%
Queens County, NY	175	71	$46.1 million	38.8%
Riverside County, CA	683	138	$45.4 million	66.4%
San Bernardino County, CA	430	95	$26.5 million	61.1%
San Diego County, CA	441	109	$51.6 million	58.4%
Shelby County, TN	216	55	$10.6 million	64.0%
Suffolk County, NY	246	99	$55.5 million	38.3%
Tarrant County, TX	278	74	$18.4 million	54.0%
Wayne County, MI	210	58	$8.1 million	52.9%

Figures by yearHMDA 2022 to 2025

Carrington Mortgage Services LLC by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	52,211	15,089	6.125%	$10,006	54.2%	52,599
2024	43,886	13,182	6.250%	$10,133	52.4%	44,305
2023	42,792	11,657	6.375%	$10,293	61.1%	43,036
2022	69,404	20,348	4.750%	$7,668	52.3%	69,449
2021	n/a	n/a	n/a	n/a	n/a	93,076
2020	n/a	n/a	n/a	n/a	n/a	92,616
2019	n/a	n/a	n/a	n/a	n/a	83,744
2018	n/a	n/a	n/a	n/a	n/a	66,020

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: Carrington Mortgage Services LLC and the United States

Carrington Mortgage Services LLCUnited States

VA lender statisticsLoans that VA guaranteed, by month

VA-guaranteed loans of CARRINGTON MORTGAGE SERVICES LLC, Sep 2025 to Aug 2026National figures from the Department of Veterans Affairs. VA counts a loan in the month of the guarantee.
Month	All	Purchase	Cash-out refinance	IRRRL
August 2026	144	6	102	36
July 2026	179	23	123	33
June 2026	147	14	82	51
May 2026	160	18	53	89
April 2026	173	4	102	67
March 2026	193	4	108	81
February 2026	239	8	125	106
January 2026	230	11	104	115
December 2025	190	6	81	103
November 2025	225	10	92	123
October 2025	136	9	78	49
September 2025	129	17	86	26

IRRRL is the VA Interest Rate Reduction Refinance Loan. The VA name of the lender is "CARRINGTON MORTGAGE SERVICES LLC". Every month.

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

A&D Mortgage LLCFt. Lauderdale, FL
Ark-La-Tex Financial Services LLCPlano, TX
Better Mortgage CorporationNew York, NY
Citibank, NANew York, NY
Everett Financial, Inc.Dallas, TX
Guaranteed Rate Affinity, LLCChicago, IL
Ocmbc, Inc.Irvine, CA
Planet Home Lending, LLCMeriden, CT
Plaza Home Mortgage, IncSan Diego, CA
Sofi Bank, National AssociationFrisco, TX
Triad Financial Services, Inc.Jacksonville, FL
Zillow Home Loans, LLCIrvine, CA

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Carrington Mortgage Services LLC mortgage rates, 2025", https://lenderregister.com/lender/549300r9s3mvdv4mgf56-carrington-mortgage-services-l/
Lender: Carrington Mortgage Services LLC, LEI 549300R9S3MVDV4MGF56
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2018 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI. The VA figures are from the VA lender statistics.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did Carrington Mortgage Services LLC buy from other lenders in 2025?: It reported 209 purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
Which denial reasons did Carrington Mortgage Services LLC code most often in 2025?: The first reasons that it coded most often were credit application incomplete (17,184), credit history (1,669) and debt-to-income ratio (1,489).
In which states did Carrington Mortgage Services LLC originate the most loans in 2025?: The three states with the most loans were Florida (1,296), California (1,022) and Georgia (873). It had 25 applications or more in 50 states.
Which loan types did Carrington Mortgage Services LLC originate in 2025?: 7,441 conventional, 5,141 FHA, 2,492 VA and 15 USDA.