American Financing · Connecticut · 2025

American Financing in Connecticut: approval rate, denial rate and rates (2025)

American Financing took 157 mortgage applications in Connecticut in 2025, ranking #129 of 687 lenders active in the state. It originated 10.8% of them and denied 46.5% (68.2% of the applications it decided), against a statewide denial rate of 17.4%.

157Applicationsin CT
68.2%Decision denial ratestate 21.6%
5.99%Median ratestate 6.63%
$265,000Median loanstate $245,000
$5.1MVolume9 counties

American Financing in Connecticut vs the state

46.5%Denial rate+29.10 pts vs state
68.2%Decision denial rate+46.63 pts vs state
10.8%Origination rate-49.55 pts vs state
5.99%Median rate-0.63 pts vs state
0.04Rate spread (pts)-0.20 pts vs state
$98kMedian applicant income
17Loans originated
73Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023701038.6%6.75%#173
20241322757.6%6.25%#130
20251571746.5%5.99%#129

What American Financing lends in Connecticut

By loan purpose

Refinance 39 25% · 64.1% denied
Cash-out refinance 108 69% · 42.6% denied
Other / HELOC 10 6% · 20.0% denied

By loan type

Conventional 69 44% · 33.3% denied
FHA 82 52% · 58.5% denied
VA 6 4% · 33.3% denied

Why it denied Connecticut applicants

Other 26 36%
Debt-to-income ratio 22 30%
Credit history 19 26%
Collateral 4 5%
Incomplete application 1 1%
Employment history 1 1%

Where in Connecticut

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 32515 46.9%
09140 2937 24.1%
09170 29212 41.4%
09190 24213 54.2%
09180 14010 71.4%
09120 1228 66.7%
09130 1015 50.0%
09160 513 60.0%
09150 210 0.0%

Other large lenders in Connecticut

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,04316.5%6.75%
Citizens BankC 4,89526.2%7.40%
Bank of AmericaF 4,59132.1%6.00%
United Shore Financial ServicesB 4,23913.7%6.50%
Total Mortgage ServicesB 4,2194.5%6.63%
Manufacturers and Traders TrustC 4,03031.8%5.99%
Liberty BankA 3,5139.5%5.99%
Webster BankC 2,76221.9%6.74%
NewrezD 2,55621.8%6.88%
AMERICAN EAGLE FINANCIAL Credit UnionD 2,46318.9%7.75%

Frequently asked questions

Connecticut: 157 applications in 2025, of which 17 were originated and 73 denied.

46.5% of all applications, or 68.2% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans American Financing originated in Connecticut in 2025 was 5.99%, against a statewide median of 6.63%.

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