Greenwood Credit Union · Connecticut · 2025

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

Greenwood Credit Union took 25 mortgage applications in Connecticut in 2025, ranking #274 of 687 lenders active in the state. It originated 52.0% of them and denied 36.0% (40.9% of the applications it decided), against a statewide denial rate of 17.4%.

25Applicationsin CT
40.9%Decision denial ratestate 21.6%
8.24%Median ratestate 6.63%
$65,000Median loanstate $245,000
$1.3MVolume6 counties

Greenwood Credit Union in Connecticut vs the state

36.0%Denial rate+18.60 pts vs state
40.9%Decision denial rate+19.32 pts vs state
52.0%Origination rate-8.38 pts vs state
8.24%Median rate+1.62 pts vs state
0.53Rate spread (pts)+0.29 pts vs state
$77kMedian applicant income
13Loans originated
9Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023692447.8%8.44%#174
2024351640.0%8.19%#240
2025251336.0%8.24%#274

What Greenwood Credit Union lends in Connecticut

By loan purpose

Home purchase 11 44% · 36.4% denied
Refinance 2 8% · 50.0% denied
Cash-out refinance 7 28% · 57.1% denied
Home improvement 5 20% · 0.0% denied

By loan type

Conventional 25 100% · 36.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 6 67%
Collateral 2 22%
Other 1 11%

Where in Connecticut

Counties with the most Greenwood Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 1183 27.3%
09150 632 33.3%
09180 301 33.3%
09140 211 50.0%
09130 202 100.0%
09190 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: 25 applications in 2025, of which 13 were originated and 9 denied.

36.0% of all applications, or 40.9% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Greenwood Credit Union originated in Connecticut in 2025 was 8.24%, against a statewide median of 6.63%.

About this data. Figures are Greenwood 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