Carrington Mortgage Services · California · 2025

Carrington Mortgage Services in California: approval rate, denial rate and rates (2025)

Carrington Mortgage Services took 4,441 mortgage applications in California in 2025, ranking #49 of 1,147 lenders active in the state. It originated 23.0% of them and denied 48.8% (60.0% of the applications it decided), against a statewide denial rate of 17.4%.

4.4kApplicationsin CA
60.0%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$315,000Median loanstate $385,000
$405MVolume57 counties

Carrington Mortgage Services in California vs the state

48.8%Denial rate+31.42 pts vs state
60.0%Decision denial rate+37.57 pts vs state
23.0%Origination rate-33.19 pts vs state
6.63%Median rate0.00 pts vs state
0.57Rate spread (pts)+0.30 pts vs state
$122kMedian applicant income
1,022Loans originated
2,169Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,88365255.1%6.63%#60
20243,24974249.3%6.88%#56
20254,4411,02248.8%6.63%#49

What Carrington Mortgage Services lends in California

By loan purpose

Home purchase 341 8% · 21.7% denied
Refinance 771 17% · 44.8% denied
Cash-out refinance 3,329 75% · 52.6% denied

By loan type

Conventional 2,398 54% · 49.0% denied
FHA 1,498 34% · 51.4% denied
VA 542 12% · 41.0% denied
USDA / RHS 3 0% · 33.3% denied

Why it denied California applicants

Incomplete application 1,575 73%
Debt-to-income ratio 172 8%
Other 148 7%
Credit history 117 5%
Collateral 91 4%
Unverifiable information 30 1%
Insufficient cash 21 1%
Employment history 15 1%

Where in California

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 857193412 48.1%
Riverside County 683138382 55.9%
San Diego County 441109206 46.7%
San Bernardino County 43095215 50.0%
Orange County 2115097 46.0%
Sacramento County 2034598 48.3%
Kern County 1944988 45.4%
Fresno County 1544276 49.4%
Contra Costa County 1091859 54.1%
Ventura County 922153 57.6%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 4,441 applications in 2025, of which 1,022 were originated and 2,169 denied.

48.8% of all applications, or 60.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Carrington Mortgage Services originated in California in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Carrington Mortgage Services's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology