Carrington Mortgage Services · District of Columbia · 2025

Carrington Mortgage Services in District of Columbia: approval rate, denial rate and rates (2025)

Carrington Mortgage Services took 70 mortgage applications in District of Columbia in 2025, ranking #58 of 473 lenders active in the state. It originated 17.1% of them and denied 54.3% (67.9% of the applications it decided), against a statewide denial rate of 18.1%.

70Applicationsin DC
67.9%Decision denial ratestate 23.7%
6.69%Median ratestate 6.50%
$385,000Median loanstate $405,000
$8.1MVolume1 counties

Carrington Mortgage Services in District of Columbia vs the state

54.3%Denial rate+36.23 pts vs state
67.9%Decision denial rate+44.12 pts vs state
17.1%Origination rate-38.37 pts vs state
6.69%Median rate+0.19 pts vs state
0.43Rate spread (pts)+0.38 pts vs state
$122kMedian applicant income
12Loans originated
38Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023511256.9%6.25%#59
202456644.6%7.25%#65
2025701254.3%6.69%#58

What Carrington Mortgage Services lends in District of Columbia

By loan purpose

Home purchase 7 10% · 14.3% denied
Refinance 16 23% · 43.8% denied
Cash-out refinance 47 67% · 63.8% denied

By loan type

Conventional 49 70% · 53.1% denied
FHA 15 21% · 60.0% denied
VA 6 9% · 50.0% denied

Why it denied District of Columbia applicants

Incomplete application 27 71%
Other 3 8%
Collateral 3 8%
Credit history 3 8%
Insufficient cash 1 3%
Debt-to-income ratio 1 3%

Where in District of Columbia

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 701238 54.3%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%

Frequently asked questions

District of Columbia: 70 applications in 2025, of which 12 were originated and 38 denied.

54.3% of all applications, or 67.9% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans Carrington Mortgage Services originated in District of Columbia in 2025 was 6.69%, against a statewide median of 6.50%.

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