Carrington Mortgage Services · Ohio · 2025

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

Carrington Mortgage Services took 2,059 mortgage applications in Ohio in 2025, ranking #48 of 1,092 lenders active in the state. It originated 32.8% of them and denied 42.2% (49.6% of the applications it decided), against a statewide denial rate of 17.7%.

2.1kApplicationsin OH
49.6%Decision denial ratestate 21.9%
6.63%Median ratestate 6.88%
$155,000Median loanstate $155,000
$111MVolume87 counties

Carrington Mortgage Services in Ohio vs the state

42.2%Denial rate+24.51 pts vs state
49.6%Decision denial rate+27.74 pts vs state
32.8%Origination rate-27.12 pts vs state
6.63%Median rate-0.25 pts vs state
0.69Rate spread (pts)+0.30 pts vs state
$80kMedian applicant income
675Loans originated
869Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,77252247.4%6.63%#47
20241,95960842.7%6.63%#47
20252,05967542.2%6.63%#48

What Carrington Mortgage Services lends in Ohio

By loan purpose

Home purchase 167 8% · 20.4% denied
Refinance 241 12% · 46.1% denied
Cash-out refinance 1,651 80% · 43.9% denied

By loan type

Conventional 837 41% · 43.5% denied
FHA 936 45% · 42.1% denied
VA 284 14% · 38.7% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Ohio applicants

Incomplete application 640 74%
Credit history 83 10%
Debt-to-income ratio 56 6%
Other 34 4%
Collateral 29 3%
Unverifiable information 12 1%
Insufficient cash 10 1%
Employment history 5 1%

Where in Ohio

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 23678109 46.2%
Cuyahoga County 1534664 41.8%
Butler County 1384667 48.6%
Hamilton County 1354257 42.2%
Montgomery County 1023742 41.2%
Summit County 801831 38.8%
Lucas County 711539 54.9%
Lorain County 551917 30.9%
Stark County 481424 50.0%
Clermont County 441417 38.6%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 2,059 applications in 2025, of which 675 were originated and 869 denied.

42.2% of all applications, or 49.6% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Carrington Mortgage Services originated in Ohio in 2025 was 6.63%, against a statewide median of 6.88%.

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