Citibank · Connecticut · 2025

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

Citibank took 598 mortgage applications in Connecticut in 2025, ranking #51 of 687 lenders active in the state. It originated 45.5% of them and denied 16.2% (26.0% of the applications it decided), against a statewide denial rate of 17.4%.

598Applicationsin CT
26.0%Decision denial ratestate 21.6%
6.13%Median ratestate 6.63%
$335,000Median loanstate $245,000
$300MVolume8 counties

Citibank in Connecticut vs the state

16.2%Denial rate-1.18 pts vs state
26.0%Decision denial rate+4.42 pts vs state
45.5%Origination rate-14.90 pts vs state
6.13%Median rate-0.50 pts vs state
-0.17Rate spread (pts)-0.41 pts vs state
$240kMedian applicant income
272Loans originated
97Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234282745.1%5.75%#57
202451823219.5%6.38%#52
202559827216.2%6.13%#51

What Citibank lends in Connecticut

By loan purpose

Home purchase 232 39% · 5.6% denied
Refinance 50 8% · 6.0% denied
Cash-out refinance 55 9% · 14.6% denied
Home improvement 135 23% · 24.4% denied
Other / HELOC 126 21% · 31.8% denied

By loan type

Conventional 592 99% · 15.9% denied
FHA 4 1% · 50.0% denied
VA 2 0% · 50.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 52 54%
Credit history 19 20%
Other 13 13%
Collateral 9 9%
Unverifiable information 2 2%
Insufficient cash 2 2%

Where in Connecticut

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 35518939 11.0%
09120 893415 16.9%
09110 481314 29.2%
09170 401017 42.5%
09140 3478 23.5%
09160 19121 5.3%
09130 852 25.0%
09180 521 20.0%

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: 598 applications in 2025, of which 272 were originated and 97 denied.

16.2% of all applications, or 26.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Citibank originated in Connecticut in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Citibank'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