Carrington Mortgage Services · Mississippi · 2025

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

Carrington Mortgage Services took 474 mortgage applications in Mississippi in 2025, ranking #40 of 681 lenders active in the state. It originated 27.4% of them and denied 48.5% (57.5% of the applications it decided), against a statewide denial rate of 22.9%.

474Applicationsin MS
57.5%Decision denial ratestate 28.5%
6.56%Median ratestate 6.75%
$135,000Median loanstate $135,000
$22MVolume57 counties

Carrington Mortgage Services in Mississippi vs the state

48.5%Denial rate+25.60 pts vs state
57.5%Decision denial rate+29.05 pts vs state
27.4%Origination rate-25.44 pts vs state
6.56%Median rate-0.19 pts vs state
0.76Rate spread (pts)+0.43 pts vs state
$73kMedian applicant income
130Loans originated
230Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234039952.6%6.50%#47
202437410947.3%6.50%#51
202547413048.5%6.56%#40

What Carrington Mortgage Services lends in Mississippi

By loan purpose

Home purchase 28 6% · 28.6% denied
Refinance 77 16% · 59.7% denied
Cash-out refinance 369 78% · 47.7% denied

By loan type

Conventional 177 37% · 45.8% denied
FHA 226 48% · 49.1% denied
VA 68 14% · 54.4% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Mississippi applicants

Incomplete application 182 79%
Credit history 16 7%
Debt-to-income ratio 10 4%
Collateral 8 3%
Other 7 3%
Employment history 3 1%
Insufficient cash 2 1%
Unverifiable information 2 1%

Where in Mississippi

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 912845 49.5%
Hinds County 511327 52.9%
Harrison County 351020 57.1%
Rankin County 28119 32.1%
Jackson County 2175 23.8%
Madison County 1959 47.4%
Pearl River County 1757 41.2%
Lee County 1648 50.0%
Forrest County 1565 33.3%
Hancock County 15410 66.7%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 474 applications in 2025, of which 130 were originated and 230 denied.

48.5% of all applications, or 57.5% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Carrington Mortgage Services originated in Mississippi in 2025 was 6.56%, against a statewide median of 6.75%.

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