Eastern Bank · Connecticut · 2025

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

Eastern Bank took 20 mortgage applications in Connecticut in 2025, ranking #300 of 687 lenders active in the state. It originated 35.0% of them and denied 40.0% (47.1% of the applications it decided), against a statewide denial rate of 17.4%.

20Applicationsin CT
47.1%Decision denial ratestate 21.6%
6.99%Median ratestate 6.63%
$135,000Median loanstate $245,000
$3.0MVolume6 counties

Eastern Bank in Connecticut vs the state

40.0%Denial rate+22.60 pts vs state
47.1%Decision denial rate+25.47 pts vs state
35.0%Origination rate-25.38 pts vs state
6.99%Median rate+0.37 pts vs state
-0.13Rate spread (pts)-0.36 pts vs state
$151kMedian applicant income
7Loans originated
8Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023291913.8%6.13%#251
2024311629.0%6.49%#246
202520740.0%6.99%#300

What Eastern Bank lends in Connecticut

By loan purpose

Home purchase 3 15% · 0.0% denied
Refinance 4 20% · 0.0% denied
Cash-out refinance 2 10% · 50.0% denied
Home improvement 7 35% · 57.1% denied
Other / HELOC 4 20% · 75.0% denied

By loan type

Conventional 20 100% · 40.0% denied

Why it denied Connecticut applicants

Credit history 4 50%
Collateral 3 38%
Debt-to-income ratio 1 13%

Where in Connecticut

Counties with the most Eastern Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09150 504 80.0%
09110 511 20.0%
09180 412 50.0%
09190 330 0.0%
09120 220 0.0%
09160 101 100.0%

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: 20 applications in 2025, of which 7 were originated and 8 denied.

40.0% of all applications, or 47.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Eastern Bank originated in Connecticut in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Eastern 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