Armed Forces Bank · Connecticut · 2025

Armed Forces Bank in Connecticut: approval rate, denial rate and rates (2025)

Armed Forces Bank took 16 mortgage applications in Connecticut in 2025, ranking #323 of 687 lenders active in the state. It originated 56.3% of them and denied 18.8% (25.0% of the applications it decided), against a statewide denial rate of 17.4%.

16Applicationsin CT
25.0%Decision denial ratestate 21.6%
5.88%Median ratestate 6.63%
$490,000Median loanstate $245,000
$5.6MVolume7 counties

Armed Forces Bank in Connecticut vs the state

18.8%Denial rate+1.35 pts vs state
25.0%Decision denial rate+3.41 pts vs state
56.3%Origination rate-4.13 pts vs state
5.88%Median rate-0.75 pts vs state
-0.15Rate spread (pts)-0.39 pts vs state
$182kMedian applicant income
9Loans originated
3Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313223.1%6.88%#317
202415733.3%5.75%#311
202516918.8%5.88%#323

What Armed Forces Bank lends in Connecticut

By loan purpose

Home purchase 12 75% · 16.7% denied
Refinance 2 13% · 0.0% denied
Cash-out refinance 1 6% · 0.0% denied
Other / HELOC 1 6% · 100.0% denied

By loan type

Conventional 8 50% · 12.5% denied
FHA 1 6% · 0.0% denied
VA 7 44% · 28.6% denied

Why it denied Connecticut applicants

Incomplete application 2 67%
Debt-to-income ratio 1 33%

Where in Connecticut

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 421 25.0%
09170 320 0.0%
09180 211 50.0%
09120 211 50.0%
09160 210 0.0%
09140 210 0.0%
09110 110 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: 16 applications in 2025, of which 9 were originated and 3 denied.

18.8% of all applications, or 25.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Armed Forces Bank originated in Connecticut in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are Armed Forces Bank'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