Lenders › Carrington Mortgage Services L › Virginia
Carrington Mortgage Services L in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia overview
HMDA data alone cannot be used 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. Cells under 25 applications are withheld.
In Virginia, Carrington Mortgage Services L reported 1,382 applications and 478 originations for 2024, $124m in all.
Its denial rate in the state was 49.4%, above the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 52.4%.
The median rate spread on its Virginia originations was 0.6 percentage points (state median 0.3).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | Carrington Mortgage Services L, all states | United States |
|---|---|---|---|---|
| Denial rate | 49.4% | 22.1% | 52.4% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.6 | 0.3 |
| Originations with spread of 1.5 pp or more | 28.3% | 16.5% | 28.0% | 15.6% |
| Average originated loan | $259k | $352k | $237k | $329k |
| Home purchase share | 19.9% | 55.8% | 19.3% | 57.0% |
| FHA-insured share | 36.6% | 11.7% | 39.6% | 13.4% |
| VA-guaranteed share | 23.8% | 16.4% | 18.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 20% (95)Refinancing 8% (40)Cash-out refinancing 69% (330)Other purpose 3% (13)
By type
Conventional 39% (188)FHA 37% (175)VA 24% (114)USDA 0% (1)
Denial reasons as coded
Share of 575 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Prince William County | 88 | 39 | $14m | 40.0% |
| Chesterfield County | 88 | 29 | $7.6m | 52.8% |
| Virginia Beach city | 82 | 28 | $7.2m | 47.9% |
| Chesapeake city | 67 | 23 | $5.2m | 50.0% |
| Fairfax County | 67 | 22 | $13m | 50.9% |
| Stafford County | 58 | 21 | $7.0m | 50.0% |
| Norfolk city | 51 | 19 | $4.3m | 51.1% |
| Henrico County | 44 | 18 | $3.2m | 36.8% |
| Spotsylvania County | 50 | 16 | $5.8m | 54.5% |
| Hampton city | 40 | 15 | $3.0m | 38.7% |
| Newport News city | 50 | 14 | $3.3m | 57.5% |
| Portsmouth city | 41 | 14 | $2.8m | 50.0% |
| Suffolk city | 38 | 12 | $2.8m | 46.9% |
| Loudoun County | 31 | 10 | $3.2m | 53.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Carrington Mortgage Services L originate in Virginia in 2024?
478 loans totalling $124m, from 1,382 applications reported for properties in Virginia.
What is Carrington Mortgage Services L's denial rate in Virginia?
49.4% of decided applications in Virginia were denied, against 22.1% for all lenders in the state and 52.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Virginia counties does Carrington Mortgage Services L lend in most?
By originations: Prince William County (39), Chesterfield County (29), Virginia Beach city (28), Chesapeake city (23), Fairfax County (22).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.