Carrington Mortgage Services · Louisiana · 2025

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

Carrington Mortgage Services took 1,129 mortgage applications in Louisiana in 2025, ranking #29 of 721 lenders active in the state. It originated 23.3% of them and denied 49.1% (61.5% of the applications it decided), against a statewide denial rate of 22.2%.

1.1kApplicationsin LA
61.5%Decision denial ratestate 28.2%
6.63%Median ratestate 6.63%
$155,000Median loanstate $165,000
$44MVolume54 counties

Carrington Mortgage Services in Louisiana vs the state

49.1%Denial rate+26.90 pts vs state
61.5%Decision denial rate+33.34 pts vs state
23.3%Origination rate-28.68 pts vs state
6.63%Median rate0.00 pts vs state
0.90Rate spread (pts)+0.54 pts vs state
$83kMedian applicant income
263Loans originated
554Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202374115955.1%6.63%#38
202467813551.2%6.63%#44
20251,12926349.1%6.63%#29

What Carrington Mortgage Services lends in Louisiana

By loan purpose

Home purchase 46 4% · 26.1% denied
Refinance 188 17% · 46.3% denied
Cash-out refinance 895 79% · 50.8% denied

By loan type

Conventional 482 43% · 49.6% denied
FHA 501 44% · 49.5% denied
VA 131 12% · 45.8% denied
USDA / RHS 15 1% · 46.7% denied

Why it denied Louisiana applicants

Incomplete application 409 74%
Credit history 53 10%
Debt-to-income ratio 32 6%
Collateral 19 3%
Other 18 3%
Insufficient cash 11 2%
Unverifiable information 10 2%
Employment history 2 0%

Where in Louisiana

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
East Baton Rouge Parish 1332773 54.9%
Ascension Parish 1032352 50.5%
St. Tammany Parish 972350 51.5%
Jefferson Parish 901845 50.0%
Orleans Parish 831742 50.6%
Livingston Parish 701929 41.4%
Lafayette Parish 68937 54.4%
Caddo Parish 541129 53.7%
Tangipahoa Parish 501221 42.0%
Calcasieu Parish 30617 56.7%

Other large lenders in Louisiana

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 7,05749.0%10.10%
United Shore Financial ServicesB 6,26413.1%6.38%
Rocket MortgageC 5,77025.9%6.63%
Vanderbilt Mortgage and FinanceF 4,37045.6%10.50%
Triad Financial ServicesD 3,86749.7%8.73%
Hancock Whitney BankB 3,53621.7%6.00%
Regions BankC 3,35645.8%6.00%
GMFSA 3,0722.0%6.50%
NewrezD 2,66421.1%6.50%
Dsld MortgageA 2,5456.3%6.13%

Frequently asked questions

Louisiana: 1,129 applications in 2025, of which 263 were originated and 554 denied.

49.1% of all applications, or 61.5% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

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