Carrington Mortgage Services · Colorado · 2025

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

Carrington Mortgage Services took 921 mortgage applications in Colorado in 2025, ranking #64 of 1,114 lenders active in the state. It originated 31.6% of them and denied 42.5% (52.5% of the applications it decided), against a statewide denial rate of 15.6%.

921Applicationsin CO
52.5%Decision denial ratestate 19.7%
6.25%Median ratestate 6.63%
$265,000Median loanstate $325,000
$92MVolume43 counties

Carrington Mortgage Services in Colorado vs the state

42.5%Denial rate+26.82 pts vs state
52.5%Decision denial rate+32.82 pts vs state
31.6%Origination rate-28.42 pts vs state
6.25%Median rate-0.38 pts vs state
0.20Rate spread (pts)+0.05 pts vs state
$110kMedian applicant income
291Loans originated
391Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202370719748.1%6.63%#75
202474822845.6%6.25%#73
202592129142.5%6.25%#64

What Carrington Mortgage Services lends in Colorado

By loan purpose

Home purchase 98 11% · 8.2% denied
Refinance 105 11% · 44.8% denied
Cash-out refinance 718 78% · 46.8% denied

By loan type

Conventional 460 50% · 45.2% denied
FHA 223 24% · 47.1% denied
VA 237 26% · 32.5% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Colorado applicants

Incomplete application 302 77%
Debt-to-income ratio 34 9%
Other 16 4%
Credit history 15 4%
Collateral 11 3%
Unverifiable information 6 2%
Employment history 5 1%
Insufficient cash 2 1%

Where in Colorado

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 2189072 33.0%
Arapahoe County 912744 48.4%
Adams County 832042 50.6%
Weld County 731633 45.2%
Jefferson County 691926 37.7%
Denver County 601625 41.7%
Douglas County 591234 57.6%
Larimer County 381215 39.5%
Mesa County 381218 47.4%
Pueblo County 351415 42.9%

Other large lenders in Colorado

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 23,1118.8%6.13%
ENT Credit UnionB 13,23820.9%7.50%
Rocket MortgageC 11,48615.7%6.61%
Guild MortgageA 6,2323.1%6.62%
Bellco Credit UnionF 5,86340.9%8.00%
U.S. BankD 4,97836.0%7.95%
American FinancingD 4,93741.3%6.38%
FirstBankC 4,92915.6%7.00%
Canvas Credit UnionC 4,88913.7%7.89%
ElevationsC 4,42610.8%6.88%

Frequently asked questions

Colorado: 921 applications in 2025, of which 291 were originated and 391 denied.

42.5% of all applications, or 52.5% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Carrington Mortgage Services originated in Colorado in 2025 was 6.25%, against a statewide median of 6.63%.

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