Carrington Mortgage Services · Utah · 2025

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

Carrington Mortgage Services took 412 mortgage applications in Utah in 2025, ranking #66 of 575 lenders active in the state. It originated 30.3% of them and denied 46.6% (54.7% of the applications it decided), against a statewide denial rate of 16.0%.

412Applicationsin UT
54.7%Decision denial ratestate 19.2%
6.38%Median ratestate 6.63%
$235,000Median loanstate $305,000
$31MVolume22 counties

Carrington Mortgage Services in Utah vs the state

46.6%Denial rate+30.64 pts vs state
54.7%Decision denial rate+35.52 pts vs state
30.3%Origination rate-32.90 pts vs state
6.38%Median rate-0.25 pts vs state
0.43Rate spread (pts)+0.19 pts vs state
$98kMedian applicant income
125Loans originated
192Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232948649.3%6.50%#70
202430911041.4%6.31%#72
202541212546.6%6.38%#66

What Carrington Mortgage Services lends in Utah

By loan purpose

Home purchase 37 9% · 27.0% denied
Refinance 33 8% · 39.4% denied
Cash-out refinance 342 83% · 49.4% denied

By loan type

Conventional 227 55% · 49.8% denied
FHA 136 33% · 44.1% denied
VA 49 12% · 38.8% denied

Why it denied Utah applicants

Incomplete application 153 80%
Debt-to-income ratio 12 6%
Credit history 9 5%
Collateral 8 4%
Other 5 3%
Unverifiable information 3 2%
Employment history 2 1%

Where in Utah

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 1414469 48.9%
Utah County 622129 46.8%
Davis County 511425 49.0%
Weber County 501625 50.0%
Tooele County 30915 50.0%
Cache County 1573 20.0%
Washington County 1033 30.0%
Box Elder County 923 33.3%
Iron County 815 62.5%
Uintah County 842 25.0%

Other large lenders in Utah

LenderGradeApplicationsDenial rateMedian rate
AMERICA FIRST Federal Credit UnionC 16,30318.3%6.99%
Mountain America Federal Credit UnionD 15,40136.5%7.24%
United Shore Financial ServicesB 11,3258.5%6.25%
Rocket MortgageC 6,27614.6%6.63%
Guild MortgageA 5,4271.5%6.50%
Intercap LendingA 4,8810.7%6.50%
GoldenwestB 4,79417.6%7.50%
First Colony MortgageA 3,4992.1%6.38%
Kind LendingC 3,22720.3%6.50%
Zions BancorporationB 3,01322.9%6.49%

Frequently asked questions

Utah: 412 applications in 2025, of which 125 were originated and 192 denied.

46.6% of all applications, or 54.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Carrington Mortgage Services originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.

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