Connex Credit Union · Connecticut · 2025

Connex Credit Union in Connecticut: approval rate, denial rate and rates (2025)

Connex Credit Union took 957 mortgage applications in Connecticut in 2025, ranking #37 of 687 lenders active in the state. It originated 54.8% of them and denied 25.6% (30.6% of the applications it decided), against a statewide denial rate of 17.4%.

957Applicationsin CT
30.6%Decision denial ratestate 21.6%
Median ratestate 6.63%
$85,000Median loanstate $245,000
$52MVolume8 counties

Connex Credit Union in Connecticut vs the state

25.6%Denial rate+8.20 pts vs state
30.6%Decision denial rate+9.04 pts vs state
54.8%Origination rate-5.63 pts vs state
Median rate
Rate spread (pts)
$131kMedian applicant income
524Loans originated
245Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202390152325.9%#31
20241,04059032.0%#31
202595752425.6%#37

What Connex Credit Union lends in Connecticut

By loan purpose

Home purchase 42 4% · 42.9% denied
Refinance 20 2% · 5.0% denied
Cash-out refinance 241 25% · 20.8% denied
Home improvement 443 46% · 29.4% denied
Other / HELOC 211 22% · 21.8% denied

By loan type

Conventional 957 100% · 25.6% denied

Where in Connecticut

Counties with the most Connex Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 573326142 24.8%
09140 1055333 31.4%
09110 904521 23.3%
09130 704312 17.1%
09120 642825 39.1%
09190 43228 18.6%
09160 651 16.7%
09180 623 50.0%

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: 957 applications in 2025, of which 524 were originated and 245 denied.

25.6% of all applications, or 30.6% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Connex Credit Union'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