Freedom Credit Union · Connecticut · 2025

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

Freedom Credit Union took 12 mortgage applications in Connecticut in 2025, ranking #357 of 687 lenders active in the state. It originated 41.7% of them and denied 33.3% (44.4% of the applications it decided), against a statewide denial rate of 17.4%.

12Applicationsin CT
44.4%Decision denial ratestate 21.6%
6.88%Median ratestate 6.63%
$180,000Median loanstate $245,000
$1.2MVolume2 counties

Freedom Credit Union in Connecticut vs the state

33.3%Denial rate+15.93 pts vs state
44.4%Decision denial rate+22.85 pts vs state
41.7%Origination rate-18.71 pts vs state
6.88%Median rate+0.25 pts vs state
0.93Rate spread (pts)+0.70 pts vs state
$98kMedian applicant income
5Loans originated
4Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023241620.8%5.50%#267
202415913.3%6.63%#306
202512533.3%6.88%#357

What Freedom Credit Union lends in Connecticut

By loan purpose

Home purchase 5 42% · 0.0% denied
Cash-out refinance 2 17% · 100.0% denied
Home improvement 3 25% · 66.7% denied
Other / HELOC 2 17% · 0.0% denied

By loan type

Conventional 12 100% · 33.3% denied

Why it denied Connecticut applicants

Other 1 25%
Collateral 1 25%
Credit history 1 25%
Incomplete application 1 25%

Where in Connecticut

Counties with the most Freedom Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 1144 36.4%
09180 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: 12 applications in 2025, of which 5 were originated and 4 denied.

33.3% of all applications, or 44.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Freedom Credit Union originated in Connecticut in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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