Bay Equity in Connecticut vs the state
0.0%Denial rate-17.40 pts vs state
0.0%Decision denial rate-21.59 pts vs state
63.2%Origination rate+2.78 pts vs state
6.63%Median rate0.00 pts vs state
0.04Rate spread (pts)-0.20 pts vs state
$124kMedian applicant income
12Loans originated
0Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 129 | 83 | 10.9% | 6.49% | #114 |
| 2024 | 56 | 38 | 3.6% | 6.49% | #217 |
| 2025 | 19 | 12 | 0.0% | 6.63% | #310 |
What Bay Equity lends in Connecticut
By loan purpose
By loan type
Where in Connecticut
Counties with the most Bay Equity applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09110 | 11 | 6 | 0 | 0.0% |
| 09190 | 3 | 2 | 0 | 0.0% |
| 09130 | 2 | 2 | 0 | 0.0% |
| 09170 | 1 | 0 | 0 | 0.0% |
| 09150 | 1 | 1 | 0 | 0.0% |
| 09180 | 1 | 1 | 0 | 0.0% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 19 applications in 2025, of which 12 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans Bay Equity originated in Connecticut in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Bay Equity'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