Carrington Mortgage Services · Kentucky · 2025

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

Carrington Mortgage Services took 754 mortgage applications in Kentucky in 2025, ranking #57 of 856 lenders active in the state. It originated 34.9% of them and denied 43.2% (51.4% of the applications it decided), against a statewide denial rate of 18.8%.

754Applicationsin KY
51.4%Decision denial ratestate 23.5%
6.63%Median ratestate 6.75%
$145,000Median loanstate $155,000
$42MVolume96 counties

Carrington Mortgage Services in Kentucky vs the state

43.2%Denial rate+24.43 pts vs state
51.4%Decision denial rate+27.93 pts vs state
34.9%Origination rate-23.16 pts vs state
6.63%Median rate-0.13 pts vs state
0.67Rate spread (pts)+0.36 pts vs state
$78kMedian applicant income
263Loans originated
326Denied

Trend in Kentucky

YearApplicationsOriginatedDenial rateMedian rateRank in state
202373424846.5%6.44%#55
202470024740.9%6.63%#57
202575426343.2%6.63%#57

What Carrington Mortgage Services lends in Kentucky

By loan purpose

Home purchase 46 6% · 37.0% denied
Refinance 69 9% · 42.0% denied
Cash-out refinance 639 85% · 43.8% denied

By loan type

Conventional 333 44% · 40.8% denied
FHA 304 40% · 46.4% denied
VA 115 15% · 41.7% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Kentucky applicants

Incomplete application 249 76%
Credit history 23 7%
Debt-to-income ratio 21 6%
Other 9 3%
Collateral 9 3%
Unverifiable information 9 3%
Employment history 4 1%
Insufficient cash 2 1%

Where in Kentucky

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1153150 43.5%
Kenton County 441618 40.9%
Hardin County 411615 36.6%
Fayette County 311313 41.9%
Boone County 301410 33.3%
Daviess County 26613 50.0%
Campbell County 23413 56.5%
Madison County 2068 40.0%
Warren County 1766 35.3%
Bullitt County 1556 40.0%

Other large lenders in Kentucky

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 8,42018.1%6.75%
Vanderbilt Mortgage and FinanceF 8,22044.8%9.50%
United Shore Financial ServicesB 6,8719.8%6.50%
Fifth Third BankD 5,66325.5%7.75%
U.S. BankD 4,88729.5%7.00%
Mortgage Research CenterC 3,61718.0%6.25%
PNC BankD 3,58523.7%7.40%
21st MortgageF 3,47848.0%9.95%
CommonwealthC 3,27024.9%7.25%
Stockton MortgageD 3,2556.1%6.63%

Frequently asked questions

Kentucky: 754 applications in 2025, of which 263 were originated and 326 denied.

43.2% of all applications, or 51.4% of the applications it actually decided on. The Kentucky statewide average across all lenders was 18.8%.

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