Carrington Mortgage Services in Alabama vs the state
45.7%Denial rate+25.86 pts vs state
55.6%Decision denial rate+30.58 pts vs state
28.2%Origination rate-27.18 pts vs state
6.50%Median rate0.00 pts vs state
0.69Rate spread (pts)+0.40 pts vs state
$78kMedian applicant income
332Loans originated
538Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 922 | 269 | 47.2% | 6.38% | #45 |
| 2024 | 834 | 266 | 44.1% | 6.50% | #53 |
| 2025 | 1,177 | 332 | 45.7% | 6.50% | #45 |
What Carrington Mortgage Services lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 138 | 31 | 76 | 55.1% |
| Mobile County | 132 | 40 | 58 | 43.9% |
| Madison County | 113 | 31 | 46 | 40.7% |
| Montgomery County | 83 | 25 | 37 | 44.6% |
| Baldwin County | 80 | 24 | 33 | 41.3% |
| Shelby County | 57 | 15 | 25 | 43.9% |
| Lee County | 51 | 11 | 22 | 43.1% |
| Limestone County | 45 | 21 | 17 | 37.8% |
| Tuscaloosa County | 45 | 14 | 20 | 44.4% |
| Morgan County | 39 | 11 | 12 | 30.8% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 1,177 applications in 2025, of which 332 were originated and 538 denied.
45.7% of all applications, or 55.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Carrington Mortgage Services originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Carrington Mortgage Services's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology