HomePromise · Connecticut · 2025

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

HomePromise took 14 mortgage applications in Connecticut in 2025, ranking #343 of 687 lenders active in the state. It originated 7.1% of them and denied 35.7% (83.3% of the applications it decided), against a statewide denial rate of 17.4%.

14Applicationsin CT
83.3%Decision denial ratestate 21.6%
6.75%Median ratestate 6.63%
$305,000Median loanstate $245,000
$305kVolume7 counties

HomePromise in Connecticut vs the state

35.7%Denial rate+18.31 pts vs state
83.3%Decision denial rate+61.74 pts vs state
7.1%Origination rate-53.24 pts vs state
6.75%Median rate+0.13 pts vs state
0.52Rate spread (pts)+0.28 pts vs state
$92kMedian applicant income
1Loans originated
5Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310070.0%#351
202426326.9%7.38%#262
202514135.7%6.75%#343

What HomePromise lends in Connecticut

By loan purpose

Home purchase 12 86% · 33.3% denied
Cash-out refinance 2 14% · 50.0% denied

By loan type

FHA 4 29% · 25.0% denied
VA 10 71% · 40.0% denied

Why it denied Connecticut applicants

Credit history 4 80%
Debt-to-income ratio 1 20%

Where in Connecticut

Counties with the most HomePromise applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 301 33.3%
09140 310 0.0%
09180 201 50.0%
09110 202 100.0%
09120 200 0.0%
09130 100 0.0%
09150 101 100.0%

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: 14 applications in 2025, of which 1 were originated and 5 denied.

35.7% of all applications, or 83.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans HomePromise originated in Connecticut in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are HomePromise'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