Carrington Mortgage Services in Michigan vs the state
39.9%Denial rate+21.42 pts vs state
47.9%Decision denial rate+25.32 pts vs state
34.4%Origination rate-25.45 pts vs state
6.63%Median rate-0.13 pts vs state
0.85Rate spread (pts)+0.46 pts vs state
$77kMedian applicant income
570Loans originated
661Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,579 | 498 | 47.3% | 6.63% | #44 |
| 2024 | 1,574 | 518 | 39.5% | 6.63% | #51 |
| 2025 | 1,655 | 570 | 39.9% | 6.63% | #53 |
What Carrington Mortgage Services lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 210 | 58 | 91 | 43.3% |
| Oakland County | 147 | 44 | 60 | 40.8% |
| Macomb County | 134 | 40 | 58 | 43.3% |
| Kent County | 95 | 32 | 43 | 45.3% |
| Genesee County | 70 | 28 | 21 | 30.0% |
| Berrien County | 62 | 19 | 22 | 35.5% |
| St. Clair County | 58 | 24 | 22 | 37.9% |
| Calhoun County | 47 | 13 | 20 | 42.6% |
| Kalamazoo County | 41 | 17 | 12 | 29.3% |
| Livingston County | 36 | 14 | 18 | 50.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 1,655 applications in 2025, of which 570 were originated and 661 denied.
39.9% of all applications, or 47.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Carrington Mortgage Services originated in Michigan 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 Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology