Homestead Funding in Connecticut vs the state
2.7%Denial rate-14.73 pts vs state
3.1%Decision denial rate-18.52 pts vs state
83.7%Origination rate+23.36 pts vs state
6.38%Median rate-0.25 pts vs state
0.07Rate spread (pts)-0.17 pts vs state
$97kMedian applicant income
407Loans originated
13Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 618 | 495 | 4.5% | 6.25% | #42 |
| 2024 | 548 | 449 | 4.4% | 6.50% | #49 |
| 2025 | 486 | 407 | 2.7% | 6.38% | #60 |
What Homestead Funding lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most Homestead Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09180 | 262 | 217 | 10 | 3.8% |
| 09110 | 69 | 57 | 0 | 0.0% |
| 09190 | 38 | 30 | 2 | 5.3% |
| 09170 | 36 | 34 | 0 | 0.0% |
| 09140 | 27 | 24 | 0 | 0.0% |
| 09130 | 24 | 19 | 1 | 4.2% |
| 09150 | 16 | 16 | 0 | 0.0% |
| 09120 | 9 | 5 | 0 | 0.0% |
| 09160 | 5 | 5 | 0 | 0.0% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 486 applications in 2025, of which 407 were originated and 13 denied.
2.7% of all applications, or 3.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans Homestead Funding originated in Connecticut in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Homestead Funding'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