Carrington Mortgage Services · Connecticut · 2025

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

Carrington Mortgage Services took 1,031 mortgage applications in Connecticut in 2025, ranking #32 of 687 lenders active in the state. It originated 26.2% of them and denied 45.8% (57.3% of the applications it decided), against a statewide denial rate of 17.4%.

1.0kApplicationsin CT
57.3%Decision denial ratestate 21.6%
6.63%Median ratestate 6.63%
$235,000Median loanstate $245,000
$64MVolume9 counties

Carrington Mortgage Services in Connecticut vs the state

45.8%Denial rate+28.38 pts vs state
57.3%Decision denial rate+35.69 pts vs state
26.2%Origination rate-34.19 pts vs state
6.63%Median rate0.00 pts vs state
0.72Rate spread (pts)+0.48 pts vs state
$102kMedian applicant income
270Loans originated
472Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202384222048.6%7.13%#34
202492827243.8%7.56%#35
20251,03127045.8%6.63%#32

What Carrington Mortgage Services lends in Connecticut

By loan purpose

Home purchase 59 6% · 27.1% denied
Refinance 121 12% · 48.8% denied
Cash-out refinance 851 83% · 46.7% denied

By loan type

Conventional 522 51% · 46.2% denied
FHA 421 41% · 47.0% denied
VA 88 9% · 37.5% denied

Why it denied Connecticut applicants

Incomplete application 372 79%
Credit history 35 7%
Debt-to-income ratio 30 6%
Other 12 3%
Unverifiable information 7 1%
Employment history 6 1%
Insufficient cash 6 1%
Collateral 4 1%

Where in Connecticut

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 29486132 44.9%
09170 1764085 48.3%
09140 1714276 44.4%
09120 1022052 51.0%
09190 992249 49.5%
09180 782334 43.6%
09130 461120 43.5%
09150 341414 41.2%
09160 311210 32.3%

Other large lenders in Connecticut

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,04316.5%6.75%
Citizens BankC 4,89526.2%7.40%
Bank of AmericaF 4,59132.1%6.00%
United Shore Financial ServicesB 4,23913.7%6.50%
Total Mortgage ServicesB 4,2194.5%6.63%
Manufacturers and Traders TrustC 4,03031.8%5.99%
Liberty BankA 3,5139.5%5.99%
Webster BankC 2,76221.9%6.74%
NewrezD 2,55621.8%6.88%
AMERICAN EAGLE FINANCIAL Credit UnionD 2,46318.9%7.75%

Frequently asked questions

Connecticut: 1,031 applications in 2025, of which 270 were originated and 472 denied.

45.8% of all applications, or 57.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Carrington Mortgage Services originated in Connecticut 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 Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology