Carrington Mortgage Services in Indiana vs the state
42.8%Denial rate+26.26 pts vs state
50.8%Decision denial rate+30.67 pts vs state
34.4%Origination rate-27.84 pts vs state
6.63%Median rate-0.13 pts vs state
0.78Rate spread (pts)+0.41 pts vs state
$74kMedian applicant income
732Loans originated
911Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,561 | 467 | 52.0% | 6.63% | #47 |
| 2024 | 1,866 | 640 | 40.7% | 6.63% | #41 |
| 2025 | 2,127 | 732 | 42.8% | 6.63% | #39 |
What Carrington Mortgage Services lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 238 | 78 | 103 | 43.3% |
| Lake County | 127 | 43 | 51 | 40.2% |
| Allen County | 92 | 32 | 40 | 43.5% |
| Hamilton County | 77 | 30 | 32 | 41.6% |
| St. Joseph County | 67 | 20 | 30 | 44.8% |
| Hendricks County | 51 | 10 | 27 | 52.9% |
| Madison County | 51 | 21 | 20 | 39.2% |
| Johnson County | 50 | 15 | 18 | 36.0% |
| Tippecanoe County | 50 | 23 | 17 | 34.0% |
| Hancock County | 47 | 14 | 24 | 51.1% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 2,127 applications in 2025, of which 732 were originated and 911 denied.
42.8% of all applications, or 50.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Carrington Mortgage Services originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Carrington Mortgage Services's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology