Figure Lending · Connecticut · 2025

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

Figure Lending took 1,092 mortgage applications in Connecticut in 2025, ranking #28 of 687 lenders active in the state. It originated 45.9% of them and denied 27.4% (29.0% of the applications it decided), against a statewide denial rate of 17.4%.

1.1kApplicationsin CT
29.0%Decision denial ratestate 21.6%
8.80%Median ratestate 6.63%
$65,000Median loanstate $245,000
$43MVolume9 counties

Figure Lending in Connecticut vs the state

27.4%Denial rate+9.98 pts vs state
29.0%Decision denial rate+7.41 pts vs state
45.9%Origination rate-14.50 pts vs state
8.80%Median rate+2.18 pts vs state
2.41Rate spread (pts)+2.17 pts vs state
$116kMedian applicant income
501Loans originated
299Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382933334.1%11.10%#35
202494341527.6%10.45%#33
20251,09250127.4%8.80%#28

What Figure Lending lends in Connecticut

By loan purpose

Home improvement 401 37% · 28.4% denied
Other / HELOC 691 63% · 26.8% denied

By loan type

Conventional 1,092 100% · 27.4% denied

Why it denied Connecticut applicants

Incomplete application 116 39%
Debt-to-income ratio 114 38%
Credit history 32 11%
Other 22 7%
Collateral 13 4%
Unverifiable information 2 1%

Where in Connecticut

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 30114581 26.9%
09190 1877957 30.5%
09140 1497128 18.8%
09170 1245930 24.2%
09180 974723 23.7%
09120 953239 41.1%
09130 502218 36.0%
09160 502216 32.0%
09150 39247 17.9%

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: 1,092 applications in 2025, of which 501 were originated and 299 denied.

27.4% of all applications, or 29.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Figure Lending originated in Connecticut in 2025 was 8.80%, against a statewide median of 6.63%.

About this data. Figures are Figure Lending'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