Champions Funding · Connecticut · 2025

Champions Funding in Connecticut: approval rate, denial rate and rates (2025)

Champions Funding took 425 mortgage applications in Connecticut in 2025, ranking #64 of 687 lenders active in the state. It originated 69.2% of them and denied 14.8% (17.6% of the applications it decided), against a statewide denial rate of 17.4%.

425Applicationsin CT
17.6%Decision denial ratestate 21.6%
7.75%Median ratestate 6.63%
$335,000Median loanstate $245,000
$110MVolume9 counties

Champions Funding in Connecticut vs the state

14.8%Denial rate-2.58 pts vs state
17.6%Decision denial rate-4.04 pts vs state
69.2%Origination rate+8.80 pts vs state
7.75%Median rate+1.13 pts vs state
2.47Rate spread (pts)+2.23 pts vs state
$171kMedian applicant income
294Loans originated
63Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023441854.6%9.44%#214
2024986318.4%8.63%#161
202542529414.8%7.75%#64

What Champions Funding lends in Connecticut

By loan purpose

Home purchase 242 57% · 13.2% denied
Refinance 40 9% · 20.0% denied
Cash-out refinance 143 34% · 16.1% denied

By loan type

Conventional 425 100% · 14.8% denied

Why it denied Connecticut applicants

Incomplete application 26 41%
Other 21 33%
Collateral 8 13%
Insufficient cash 4 6%
Debt-to-income ratio 2 3%
Unverifiable information 1 2%
Credit history 1 2%

Where in Connecticut

Counties with the most Champions Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 1048410 9.6%
09140 896611 12.4%
09120 684410 14.7%
09190 553110 18.2%
09110 523112 23.1%
09180 25202 8.0%
09130 1366 46.2%
09160 1271 8.3%
09150 751 14.3%

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: 425 applications in 2025, of which 294 were originated and 63 denied.

14.8% of all applications, or 17.6% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Champions Funding originated in Connecticut in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Champions Funding'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