Guaranteed Rate · Connecticut · 2025

Guaranteed Rate in Connecticut: approval rate, denial rate and rates (2025)

Guaranteed Rate took 1,506 mortgage applications in Connecticut in 2025, ranking #23 of 687 lenders active in the state. It originated 56.0% of them and denied 7.4% (11.3% of the applications it decided), against a statewide denial rate of 17.4%.

1.5kApplicationsin CT
11.3%Decision denial ratestate 21.6%
6.63%Median ratestate 6.63%
$305,000Median loanstate $245,000
$296MVolume9 counties

Guaranteed Rate in Connecticut vs the state

7.4%Denial rate-9.96 pts vs state
11.3%Decision denial rate-10.27 pts vs state
56.0%Origination rate-4.40 pts vs state
6.63%Median rate0.00 pts vs state
0.30Rate spread (pts)+0.07 pts vs state
$116kMedian applicant income
843Loans originated
112Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2936813.6%6.63%#21
20241,2557696.1%6.63%#25
20251,5068437.4%6.63%#23

What Guaranteed Rate lends in Connecticut

By loan purpose

Home purchase 917 61% · 4.7% denied
Refinance 178 12% · 2.8% denied
Cash-out refinance 254 17% · 12.6% denied
Home improvement 52 3% · 17.3% denied
Other / HELOC 105 7% · 21.9% denied

By loan type

Conventional 1,123 75% · 7.4% denied
FHA 289 19% · 9.0% denied
VA 87 6% · 2.3% denied
USDA / RHS 7 0% · 14.3% denied

Why it denied Connecticut applicants

Debt-to-income ratio 43 38%
Credit history 20 18%
Incomplete application 18 16%
Collateral 12 11%
Other 11 10%
Unverifiable information 5 4%
Insufficient cash 3 3%

Where in Connecticut

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 37420125 6.7%
09170 22311624 10.8%
09140 19911812 6.0%
09150 19013710 5.3%
09190 1807813 7.2%
09180 1358611 8.1%
09120 1064710 9.4%
09130 65393 4.6%
09160 34214 11.8%

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: 1,506 applications in 2025, of which 843 were originated and 112 denied.

7.4% of all applications, or 11.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Guaranteed Rate originated in Connecticut in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Guaranteed Rate'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