Carrington Mortgage Services in New Jersey vs the state
42.9%Denial rate+25.21 pts vs state
53.5%Decision denial rate+30.48 pts vs state
27.0%Origination rate-28.69 pts vs state
6.38%Median rate-0.38 pts vs state
0.37Rate spread (pts)+0.09 pts vs state
$111kMedian applicant income
329Loans originated
523Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,290 | 289 | 50.2% | 6.63% | #50 |
| 2024 | 1,017 | 262 | 45.9% | 6.50% | #56 |
| 2025 | 1,219 | 329 | 42.9% | 6.38% | #58 |
What Carrington Mortgage Services lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 119 | 25 | 56 | 47.1% |
| Camden County | 117 | 40 | 48 | 41.0% |
| Ocean County | 105 | 41 | 36 | 34.3% |
| Burlington County | 101 | 30 | 47 | 46.5% |
| Middlesex County | 92 | 21 | 41 | 44.6% |
| Mercer County | 85 | 23 | 36 | 42.4% |
| Monmouth County | 73 | 27 | 28 | 38.4% |
| Bergen County | 70 | 13 | 37 | 52.9% |
| Union County | 66 | 12 | 28 | 42.4% |
| Gloucester County | 60 | 20 | 24 | 40.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 1,219 applications in 2025, of which 329 were originated and 523 denied.
42.9% of all applications, or 53.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Carrington Mortgage Services originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Carrington Mortgage Services's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology