Carrington Mortgage Services, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016

Carrington Mortgage Services, Llc 2016 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Carrington Mortgage Services, Llc
1600 So. Douglass Rd, Suites 110 & 200A
Wilmington, DE 92806
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 69,429
Total Mortgage Loan Application Amount $11,622,018,000
Average Mortgage Loan Application Amount $178,000
Highest Mortgage Loan Application Amount $1,661,000
Average Applicant Income $43,500
Highest Applicant Income $2,160,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Carrington Mortgage Services, Llc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Carrington Mortgage Services, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2016 breaks down Carrington Mortgage Services, Llc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Carrington Mortgage Services, Llc serves its applicants.

Each category highlights the total number of mortgage applications processed by Carrington Mortgage Services, Llc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Carrington Mortgage Services, Llc's mortgage activity for 2016.

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Mortgage Loan Application Detail Totals for Carrington Mortgage Services, Llc in 2016

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
Refinancing 57,032 $9,181,714,000 $160,000 $1,661,000 $16,000 $2,160,000
Home Purchase 12,397 $2,440,304,000 $196,000 $1,163,000 $71,000 $1,920,000
Home Improvement 0 $0 $0 $0 $0 $0

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 41,024 $6,497,038,000 $158,000 $1,661,000 $24,000 $2,160,000
Black or African American 11,094 $1,861,309,000 $167,000 $1,225,000 $25,000 $1,440,000
Hispanic 9,799 $1,797,860,000 $183,000 $1,275,000 $28,000 $948,000
Not Provided 4,820 $904,836,000 $187,000 $1,163,000 $27,000 $865,000
Asian 1,603 $381,793,000 $238,000 $870,000 $43,000 $1,800,000
American Indian or Alaskan Native 617 $88,774,000 $143,000 $838,000 $20,000 $244,000
Native Hawaiin or Other Pacific Islander 472 $90,408,000 $191,000 $644,000 $23,000 $223,000
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
FHA-insured (Federal Housing Administration) 51,699 $8,477,475,000 $163,000 $956,000 $19,000 $1,920,000
VA-guaranteed (Veterans Administration) 9,316 $1,764,195,000 $189,000 $1,104,000 $27,000 $622,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 5,278 $996,021,000 $188,000 $1,661,000 $91,000 $2,160,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,136 $384,327,000 $122,000 $469,000 $14,000 $744,000

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 32,879 $5,682,398,000 $172,000 $849,000 $20,000 $846,000
File Closed For Incompleteness 13,132 $2,101,838,000 $160,000 $1,275,000 $27,000 $1,176,000
Application Denied By Financial Institution 12,900 $2,097,272,000 $162,000 $1,661,000 $34,000 $1,920,000
Application Withdrawn By Applicant 8,436 $1,338,137,000 $158,000 $999,000 $26,000 $2,160,000
Application Approved But Not Accepted 2,071 $400,198,000 $193,000 $1,000,000 $37,000 $622,000
Loan Purchased By The Institution 11 $2,175,000 $197,000 $442,000 $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 Application Incomplete 6,570 $943,520,000 $143,000 $1,661,000 $20,000 $1,200,000
Credit History 2,634 $454,053,000 $172,000 $1,104,000 $48,000 $1,920,000
Debt-To-Income Ratio 1,417 $308,899,000 $217,000 $1,104,000 $53,000 $312,000
Other 947 $166,591,000 $175,000 $906,000 $42,000 $442,000
Collateral 604 $95,577,000 $158,000 $1,150,000 $61,000 $744,000
Insufficient Cash (Downpayment, Closing Cost) 266 $38,780,000 $145,000 $612,000 $32,000 $185,000
Unverifiable Information 206 $41,863,000 $203,000 $636,000 $54,000 $423,000
Employment History 172 $34,711,000 $201,000 $1,033,000 $55,000 $600,000
Mortgage Insurance Denied 14 $2,038,000 $145,000 $398,000 $15,000 $116,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Carrington Mortgage Services, Llc's 2016 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.
For a list of all lenders in Delaware, download the full spreadsheet with aggregated HMDA statistics today.

Download the Delaware Lender List