Lender profile · HMDA 2023–2025
Carrington Mortgage Services, LLC mortgage approval rates & lending data
Carrington Mortgage Services, LLC decided 82,122 mortgage applications and funded 28,007 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 73% | 6,130 / 8,379 | 82% | $325K | 5,021 |
| Home improvement loans | 52% | 15 / 29 | 87% | $145K | 13 |
| Cash-out refinance | 39% | 23,760 / 61,347 | 80% | $185K | 18,911 |
| Refinance | 41% | 3,011 / 7,412 | 69% | $335K | 2,085 |
| Investment property purchase | 81% | 1,087 / 1,334 | 72% | $265K | 787 |
| Investment cash-out refinance | 52% | 1,586 / 3,078 | 65% | $185K | 1,027 |
| Investment refinance | 54% | 289 / 538 | 56% | $255K | 161 |
Carrington Mortgage Services, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 44% | $195K | 10,100 | 3,394 |
| California | 38% | $265K | 7,800 | 2,173 |
| Texas | 41% | $185K | 6,573 | 2,028 |
| Georgia | 42% | $195K | 4,723 | 1,588 |
| North Carolina | 45% | $185K | 3,402 | 1,247 |
| Ohio | 47% | $155K | 3,331 | 1,194 |
| Pennsylvania | 45% | $165K | 3,034 | 1,083 |
| Maryland | 37% | $225K | 2,997 | 866 |
| Illinois | 40% | $155K | 2,937 | 891 |
| New York | 51% | $465K | 2,682 | 1,048 |
| Michigan | 49% | $135K | 2,638 | 1,017 |
| New Jersey | 41% | $325K | 2,514 | 761 |
| Indiana | 49% | $155K | 2,431 | 996 |
| Arizona | 45% | $205K | 2,307 | 810 |
| Tennessee | 47% | $185K | 2,109 | 830 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.