First Federal Bank · Connecticut · 2025

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

First Federal Bank took 65 mortgage applications in Connecticut in 2025, ranking #203 of 687 lenders active in the state. It originated 50.8% of them and denied 9.2% (15.4% of the applications it decided), against a statewide denial rate of 17.4%.

65Applicationsin CT
15.4%Decision denial ratestate 21.6%
6.63%Median ratestate 6.63%
$375,000Median loanstate $245,000
$13MVolume7 counties

First Federal Bank in Connecticut vs the state

9.2%Denial rate-8.17 pts vs state
15.4%Decision denial rate-6.21 pts vs state
50.8%Origination rate-9.61 pts vs state
6.63%Median rate0.00 pts vs state
0.56Rate spread (pts)+0.32 pts vs state
$164kMedian applicant income
33Loans originated
6Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368492.9%6.88%#176
202494753.2%6.88%#164
202565339.2%6.63%#203

What First Federal Bank lends in Connecticut

By loan purpose

Home purchase 53 82% · 9.4% denied
Refinance 10 15% · 10.0% denied
Cash-out refinance 1 2% · 0.0% denied
Home improvement 1 2% · 0.0% denied

By loan type

Conventional 56 86% · 8.9% denied
FHA 2 3% · 50.0% denied
VA 7 11% · 0.0% denied

Why it denied Connecticut applicants

Incomplete application 4 67%
Credit history 1 17%
Debt-to-income ratio 1 17%

Where in Connecticut

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 29180 0.0%
09170 931 11.1%
09130 860 0.0%
09180 631 16.7%
09140 622 33.3%
09190 411 25.0%
09120 301 33.3%

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: 65 applications in 2025, of which 33 were originated and 6 denied.

9.2% of all applications, or 15.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

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

About this data. Figures are First Federal 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