The Mortgage Record
Lender report card · New Jersey

Carrington Mortgage Services Llc

Orange, CA · What the federal mortgage record shows about how Carrington Mortgage Services Llc treated New Jersey applicants, 2018–2025 — 7,533 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
69.0%
5,197 approved
Denial rate
31.0%
2,336 denied
Decisions
7,533
2018–2025
Avg. rate spread
+1.03 pp
vs. market benchmark
69.0% approved
31.0% denied

Share of 7,533 New Jersey applications Carrington Mortgage Services Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional73.2% of 2,189 · NJ 87%FHA66.4% of 4,695 · NJ 79%VA73.1% of 624 · NJ 80%USDA88.0% of 25 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

30%44%58%72%86%78%85%83%86%73%34%42%44%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Carrington Mortgage Services Llc’s rates ran +0.41 pp higher than the typical New Jersey lender (average rate spread +1.03 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Carrington Mortgage Services Llc approves

By income
Under $50k70.6% · 1,638$50–75k55.8% · 1,014$75–100k62.2% · 1,109$100–150k67.4% · 1,340$150–250k63.4% · 804$250k+61.5% · 234
By debt-to-income
Under 36%72.8% · 1,57636–43%74.8% · 1,38943–50%70.3% · 1,700Over 50%40.0% · 1,458
By down payment (LTV)
20%+ down62.1% · 4,41010–20% down78.3% · 9215–10% down73.9% · 2993–5% down82.3% · 764Under 3% down77.8% · 400

Why Carrington Mortgage Services Llc denied applications

Incomplete application48% of denialsDebt-to-income ratio18% of denialsCredit history18% of denialsOther13% of denialsCollateral (value/type)6% of denialsUnverifiable information4% of denials

Where Carrington Mortgage Services Llc lends in NJ

CountyDecisionsApproval
Camden County70869.4%
Ocean County69473.6%
Middlesex County64371.5%
Burlington County61271.9%
Essex County60960.9%
Union County50968.0%
Monmouth County50569.7%
Bergen County46767.5%

Fees & closing costs

Median total loan costs
$9,836
home purchase
As % of loan
3.69%
NJ median 1.93%
Priced originations
1,216
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Carrington Mortgage Services Llc’s home-purchase originations — 1.76 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $945. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Consumer complaints

CFPB complaints
297
from NJ, 2022–present
Answered on time
100%
of complaints
Closed with relief
0%
monetary or non-monetary

Complaints New Jersey mortgage customers filed against Carrington Mortgage Services Llc with the federal Consumer Financial Protection Bureau, 2022–present. Most common issue: Trouble during payment process. Most mortgage complaints concern servicing — payments, escrow, and foreclosure — so this reflects a company’s customer experience as much as its lending, and volume partly tracks how many loans it services. Source: CFPB Consumer Complaint Database.

Compare Carrington Mortgage Services Llc to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Carrington Mortgage Services Llc (LEI 549300R9S3MVDV4MGF56). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →