Freedom Mortgage · Connecticut · 2025

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

Freedom Mortgage took 1,645 mortgage applications in Connecticut in 2025, ranking #19 of 687 lenders active in the state. It originated 35.6% of them and denied 9.5% (18.2% of the applications it decided), against a statewide denial rate of 17.4%.

1.6kApplicationsin CT
18.2%Decision denial ratestate 21.6%
6.25%Median ratestate 6.63%
$305,000Median loanstate $245,000
$194MVolume9 counties

Freedom Mortgage in Connecticut vs the state

9.5%Denial rate-7.92 pts vs state
18.2%Decision denial rate-3.37 pts vs state
35.6%Origination rate-24.76 pts vs state
6.25%Median rate-0.38 pts vs state
0.44Rate spread (pts)+0.21 pts vs state
$103kMedian applicant income
586Loans originated
156Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202353818820.1%6.88%#47
20241,09039413.2%6.63%#30
20251,6455869.5%6.25%#19

What Freedom Mortgage lends in Connecticut

By loan purpose

Home purchase 49 3% · 24.5% denied
Refinance 713 43% · 3.1% denied
Cash-out refinance 874 53% · 13.8% denied
Other / HELOC 9 1% · 11.1% denied

By loan type

Conventional 329 20% · 7.6% denied
FHA 964 59% · 11.5% denied
VA 351 21% · 5.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Connecticut applicants

Collateral 57 37%
Debt-to-income ratio 39 25%
Credit history 33 21%
Other 10 6%
Unverifiable information 9 6%
Insufficient cash 4 3%
Employment history 3 2%
Incomplete application 1 1%

Where in Connecticut

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 43417235 8.1%
09140 28011933 11.8%
09170 2377426 11.0%
09180 1655012 7.3%
09120 1353715 11.1%
09190 1264010 7.9%
09150 1204415 12.5%
09130 90355 5.6%
09160 58155 8.6%

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: 1,645 applications in 2025, of which 586 were originated and 156 denied.

9.5% of all applications, or 18.2% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Freedom Mortgage originated in Connecticut in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Freedom Mortgage'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