Carrington Mortgage Services LLC Mortgage Lending & HMDA Data, 2011

In 2011, Carrington Mortgage Services LLC of Orange, CA reported 4,479 mortgage applications totaling $1.0 billion. The average application was for $223,657, and applicants reported an average income of $87,925. 38% of its applications resulted in an originated loan and 36% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (748), Riverside-San Bernardino-Ontario, CA (400) and Santa Ana-Anaheim-Irvine, CA (372) (applications in parentheses).

Mortgage Company & Address Carrington Mortgage Services LLC
500 North State College Boulevard Suites 1030, 1300 and 1400
Orange, CA 92868
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 4,479
Total Mortgage Loan Application Amount $1,001,764,000
Average Mortgage Loan Application Amount $223,657
Highest Mortgage Loan Application Amount $1,300,000
Average Applicant Income $87,925
Highest Applicant Income $3,089,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Carrington Mortgage Services LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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Mortgage Loan Application Detail Totals for Carrington Mortgage Services LLC in 2011

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 2,419 $490,725,000 $202,000 $975,000 $82,000 $1,200,000
Refinancing 2,026 $502,544,000 $248,000 $1,300,000 $95,000 $3,089,000
Home Improvement 34 $8,495,000 $249,000 $960,000 $88,000 $245,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,628 $395,352,000 $242,000 $1,300,000 $103,000 $3,089,000
Not Provided 1,502 $317,623,000 $211,000 $960,000 $81,000 $2,280,000
Hispanic 694 $139,732,000 $201,000 $716,000 $65,000 $589,000
Asian 393 $102,213,000 $260,000 $1,200,000 $104,000 $603,000
Black or African American 230 $38,976,000 $169,000 $609,000 $67,000 $807,000
Native Hawaiian or Other Pacific Islander 24 $6,231,000 $259,000 $626,000 $79,000 $157,000
American Indian or Alaskan Native 8 $1,637,000 $204,000 $330,000 $178,000 $360,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,379 $570,158,000 $239,000 $1,300,000 $104,000 $3,089,000
FHA-insured (Federal Housing Administration) 1,996 $405,736,000 $203,000 $798,000 $69,000 $1,228,000
VA-guaranteed (Veterans Administration) 102 $25,555,000 $250,000 $855,000 $81,000 $226,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $315,000 $157,000 $184,000 $18,000 $24,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,699 $413,999,000 $243,000 $1,300,000 $98,000 $3,089,000
Application Denied By Financial Institution 1,612 $316,239,000 $196,000 $995,000 $72,000 $2,280,000
Application Withdrawn By Applicant 888 $187,417,000 $211,000 $1,016,000 $84,000 $689,000
Application Approved But Not Accepted 249 $77,140,000 $309,000 $1,200,000 $119,000 $1,014,000
File Closed For Incompleteness 31 $6,969,000 $224,000 $417,000 $191,000 $2,275,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 620 $98,682,000 $159,000 $975,000 $59,000 $1,228,000
Debt-To-Income Ratio 324 $75,393,000 $232,000 $873,000 $62,000 $477,000
Collateral 254 $49,252,000 $193,000 $725,000 $83,000 $391,000
Credit Application Incomplete 174 $39,686,000 $228,000 $960,000 $78,000 $589,000
Other 174 $40,887,000 $234,000 $995,000 $116,000 $2,280,000
Unverifiable Information 32 $6,597,000 $206,000 $515,000 $94,000 $404,000
Employment History 20 $3,529,000 $176,000 $417,000 $56,000 $143,000
Insufficient Cash (Downpayment, Closing Cost) 12 $1,804,000 $150,000 $360,000 $75,000 $168,000
Mortgage Insurance Denied 1 $276,000 $276,000 $276,000 $141,000 $141,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Carrington Mortgage Services LLC's 2011 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Carrington Mortgage Services LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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