Coastal Community Bank · Connecticut · 2025

Coastal Community Bank in Connecticut: approval rate, denial rate and rates (2025)

Coastal Community Bank took 594 mortgage applications in Connecticut in 2025, ranking #52 of 687 lenders active in the state. It originated 18.2% of them and denied 0.8% (1.1% of the applications it decided), against a statewide denial rate of 17.4%.

594Applicationsin CT
1.1%Decision denial ratestate 21.6%
9.74%Median ratestate 6.63%
$65,000Median loanstate $245,000
$8.7MVolume9 counties

Coastal Community Bank in Connecticut vs the state

0.8%Denial rate-16.56 pts vs state
1.1%Decision denial rate-20.47 pts vs state
18.2%Origination rate-42.20 pts vs state
9.74%Median rate+3.12 pts vs state
2.61Rate spread (pts)+2.37 pts vs state
$150kMedian applicant income
108Loans originated
5Denied

What Coastal Community Bank lends in Connecticut

By loan purpose

Cash-out refinance 71 12% · 0.0% denied
Home improvement 202 34% · 2.0% denied
Other / HELOC 321 54% · 0.3% denied

By loan type

Conventional 594 100% · 0.8% denied

Why it denied Connecticut applicants

Debt-to-income ratio 4 80%
Credit history 1 20%

Where in Connecticut

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 161212 1.2%
09140 100220 0.0%
09190 99140 0.0%
09170 7592 2.7%
09120 50131 2.0%
09180 3470 0.0%
09150 29100 0.0%
09130 2560 0.0%
09160 2160 0.0%

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: 594 applications in 2025, of which 108 were originated and 5 denied.

0.8% of all applications, or 1.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Coastal Community Bank originated in Connecticut in 2025 was 9.74%, against a statewide median of 6.63%.

About this data. Figures are Coastal Community 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