Carrington Mortgage Services in Virginia vs the state
45.6%Denial rate+29.67 pts vs state
54.7%Decision denial rate+34.43 pts vs state
29.7%Origination rate-29.81 pts vs state
6.63%Median rate0.00 pts vs state
0.56Rate spread (pts)+0.34 pts vs state
$95kMedian applicant income
525Loans originated
806Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,352 | 388 | 49.7% | 6.63% | #48 |
| 2024 | 1,382 | 478 | 41.6% | 6.63% | #55 |
| 2025 | 1,767 | 525 | 45.6% | 6.63% | #47 |
What Carrington Mortgage Services lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chesterfield County | 136 | 41 | 59 | 43.4% |
| Prince William County | 125 | 32 | 62 | 49.6% |
| Fairfax County | 115 | 36 | 65 | 56.5% |
| Virginia Beach city | 84 | 26 | 36 | 42.9% |
| Chesapeake city | 82 | 28 | 35 | 42.7% |
| Henrico County | 75 | 21 | 44 | 58.7% |
| Loudoun County | 66 | 10 | 40 | 60.6% |
| Stafford County | 61 | 16 | 29 | 47.5% |
| Spotsylvania County | 60 | 17 | 36 | 60.0% |
| Portsmouth city | 51 | 10 | 25 | 49.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 1,767 applications in 2025, of which 525 were originated and 806 denied.
45.6% of all applications, or 54.7% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Carrington Mortgage Services originated in Virginia in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Carrington Mortgage Services's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology