Better Mortgage · Connecticut · 2025

Better Mortgage in Connecticut: approval rate, denial rate and rates (2025)

Better Mortgage took 787 mortgage applications in Connecticut in 2025, ranking #43 of 687 lenders active in the state. It originated 31.3% of them and denied 29.7% (47.8% of the applications it decided), against a statewide denial rate of 17.4%.

787Applicationsin CT
47.8%Decision denial ratestate 21.6%
8.25%Median ratestate 6.63%
$165,000Median loanstate $245,000
$63MVolume9 counties

Better Mortgage in Connecticut vs the state

29.7%Denial rate+12.33 pts vs state
47.8%Decision denial rate+26.17 pts vs state
31.3%Origination rate-29.12 pts vs state
8.25%Median rate+1.63 pts vs state
0.89Rate spread (pts)+0.65 pts vs state
$150kMedian applicant income
246Loans originated
234Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023209957.7%6.25%#89
20242379018.6%6.50%#86
202578724629.7%8.25%#43

What Better Mortgage lends in Connecticut

By loan purpose

Home purchase 181 23% · 14.9% denied
Refinance 50 6% · 18.0% denied
Cash-out refinance 99 13% · 29.3% denied
Home improvement 38 5% · 29.0% denied
Other / HELOC 419 53% · 37.7% denied

By loan type

Conventional 715 91% · 29.9% denied
FHA 70 9% · 28.6% denied
VA 2 0% · 0.0% denied

Why it denied Connecticut applicants

Credit history 71 30%
Incomplete application 69 29%
Debt-to-income ratio 52 22%
Unverifiable information 15 6%
Collateral 13 6%
Other 10 4%
Employment history 2 1%
Insufficient cash 2 1%

Where in Connecticut

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 2337865 27.9%
09190 1465438 26.0%
09170 1253841 32.8%
09140 912529 31.9%
09120 752221 28.0%
09180 44917 38.6%
09130 34126 17.6%
09160 24610 41.7%
09150 1527 46.7%

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: 787 applications in 2025, of which 246 were originated and 234 denied.

29.7% of all applications, or 47.8% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Better Mortgage originated in Connecticut in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Better Mortgage'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