BMO Bank in Connecticut vs the state
42.1%Denial rate+24.71 pts vs state
50.0%Decision denial rate+28.41 pts vs state
42.1%Origination rate-18.27 pts vs state
5.94%Median rate-0.69 pts vs state
0.08Rate spread (pts)-0.16 pts vs state
$501kMedian applicant income
8Loans originated
8Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 42 | 22 | 16.7% | 6.19% | #218 |
| 2024 | 63 | 31 | 27.0% | 7.00% | #200 |
| 2025 | 19 | 8 | 42.1% | 5.94% | #308 |
What BMO Bank lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most BMO Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09190 | 8 | 5 | 2 | 25.0% |
| 09170 | 4 | 0 | 4 | 100.0% |
| 09110 | 4 | 1 | 2 | 50.0% |
| 09150 | 1 | 1 | 0 | 0.0% |
| 09120 | 1 | 0 | 0 | 0.0% |
| 09160 | 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 8 were originated and 8 denied.
42.1% of all applications, or 50.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans BMO Bank originated in Connecticut in 2025 was 5.94%, against a statewide median of 6.63%.
About this data. Figures are BMO 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