Finex Credit Union · Connecticut · 2025

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

Finex Credit Union took 138 mortgage applications in Connecticut in 2025, ranking #142 of 687 lenders active in the state. It originated 52.2% of them and denied 23.9% (27.7% of the applications it decided), against a statewide denial rate of 17.4%.

138Applicationsin CT
27.7%Decision denial ratestate 21.6%
5.99%Median ratestate 6.63%
$80,000Median loanstate $245,000
$12MVolume9 counties

Finex Credit Union in Connecticut vs the state

23.9%Denial rate+6.51 pts vs state
27.7%Decision denial rate+6.14 pts vs state
52.2%Origination rate-8.21 pts vs state
5.99%Median rate-0.63 pts vs state
-1.20Rate spread (pts)-1.44 pts vs state
$122kMedian applicant income
72Loans originated
33Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023863832.6%8.50%#149
2024995734.3%6.99%#158
20251387223.9%5.99%#142

What Finex Credit Union lends in Connecticut

By loan purpose

Home purchase 14 10% · 14.3% denied
Refinance 18 13% · 38.9% denied
Cash-out refinance 5 4% · 0.0% denied
Home improvement 101 73% · 23.8% denied

By loan type

Conventional 138 100% · 23.9% denied

Why it denied Connecticut applicants

Debt-to-income ratio 17 52%
Credit history 8 24%
Other 7 21%
Collateral 1 3%

Where in Connecticut

Counties with the most Finex Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 954629 30.5%
09170 1271 8.3%
09140 731 14.3%
09180 641 16.7%
09130 640 0.0%
09160 430 0.0%
09190 311 33.3%
09120 320 0.0%
09150 110 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: 138 applications in 2025, of which 72 were originated and 33 denied.

23.9% of all applications, or 27.7% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Finex Credit Union originated in Connecticut in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Finex 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