GTE Federal Credit Union · Connecticut · 2025

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

GTE Federal Credit Union took 15 mortgage applications in Connecticut in 2025, ranking #338 of 687 lenders active in the state. It originated 60.0% of them and denied 26.7% (30.8% of the applications it decided), against a statewide denial rate of 17.4%.

15Applicationsin CT
30.8%Decision denial ratestate 21.6%
10.00%Median ratestate 6.63%
$125,000Median loanstate $245,000
$1.2MVolume6 counties

GTE Federal Credit Union in Connecticut vs the state

26.7%Denial rate+9.27 pts vs state
30.8%Decision denial rate+9.18 pts vs state
60.0%Origination rate-0.38 pts vs state
10.00%Median rate+3.38 pts vs state
2.74Rate spread (pts)+2.50 pts vs state
$182kMedian applicant income
9Loans originated
4Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239522.2%9.25%#363
202515926.7%10.00%#338

What GTE Federal Credit Union lends in Connecticut

By loan purpose

Home purchase 1 7% · 0.0% denied
Refinance 1 7% · 0.0% denied
Home improvement 3 20% · 100.0% denied
Other / HELOC 10 67% · 10.0% denied

By loan type

Conventional 15 100% · 26.7% denied

Why it denied Connecticut applicants

Debt-to-income ratio 4 100%

Where in Connecticut

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 642 33.3%
09140 311 33.3%
09120 210 0.0%
09110 220 0.0%
09160 101 100.0%
09170 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: 15 applications in 2025, of which 9 were originated and 4 denied.

26.7% of all applications, or 30.8% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans GTE Federal Credit Union originated in Connecticut in 2025 was 10.00%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal 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