Carrington Mortgage Services · Massachusetts · 2025

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

Carrington Mortgage Services took 22 mortgage applications in Massachusetts in 2025, ranking #405 of 799 lenders active in the state. It originated 22.7% of them and denied 63.6% (66.7% of the applications it decided), against a statewide denial rate of 16.2%.

22Applicationsin MA
66.7%Decision denial ratestate 20.0%
5.50%Median ratestate 6.63%
$475,000Median loanstate $325,000
$1.7MVolume9 counties

Carrington Mortgage Services in Massachusetts vs the state

63.6%Denial rate+47.43 pts vs state
66.7%Decision denial rate+46.72 pts vs state
22.7%Origination rate-39.87 pts vs state
5.50%Median rate-1.13 pts vs state
-2.94Rate spread (pts)-3.03 pts vs state
$155kMedian applicant income
5Loans originated
14Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20249344.4%3.50%#460
202522563.6%5.50%#405

What Carrington Mortgage Services lends in Massachusetts

By loan purpose

Home purchase 9 41% · 55.6% denied
Refinance 1 5% · 0.0% denied
Cash-out refinance 12 55% · 75.0% denied

By loan type

Conventional 11 50% · 54.6% denied
FHA 7 32% · 100.0% denied
VA 4 18% · 25.0% denied

Why it denied Massachusetts applicants

Credit history 4 29%
Incomplete application 3 21%
Other 3 21%
Debt-to-income ratio 2 14%
Employment history 2 14%

Where in Massachusetts

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 413 75.0%
Worcester County 421 25.0%
Middlesex County 303 100.0%
Plymouth County 302 66.7%
Bristol County 312 66.7%
Suffolk County 210 0.0%
Norfolk County 101 100.0%
Hampden County 101 100.0%
Nantucket County 101 100.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 22 applications in 2025, of which 5 were originated and 14 denied.

63.6% of all applications, or 66.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Carrington Mortgage Services originated in Massachusetts in 2025 was 5.50%, against a statewide median of 6.63%.

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