Hometown Equity Mortgage · Connecticut · 2025

Hometown Equity Mortgage in Connecticut: approval rate, denial rate and rates (2025)

Hometown Equity Mortgage took 236 mortgage applications in Connecticut in 2025, ranking #91 of 687 lenders active in the state. It originated 53.8% of them and denied 44.9% (45.5% of the applications it decided), against a statewide denial rate of 17.4%.

236Applicationsin CT
45.5%Decision denial ratestate 21.6%
7.25%Median ratestate 6.63%
$335,000Median loanstate $245,000
$50MVolume9 counties

Hometown Equity Mortgage in Connecticut vs the state

44.9%Denial rate+27.52 pts vs state
45.5%Decision denial rate+23.90 pts vs state
53.8%Origination rate-6.57 pts vs state
7.25%Median rate+0.63 pts vs state
1.42Rate spread (pts)+1.19 pts vs state
$163kMedian applicant income
127Loans originated
106Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231375649.6%9.31%#111
20241266050.0%8.25%#134
202523612744.9%7.25%#91

What Hometown Equity Mortgage lends in Connecticut

By loan purpose

Home purchase 106 45% · 40.6% denied
Refinance 23 10% · 60.9% denied
Cash-out refinance 107 45% · 45.8% denied

By loan type

Conventional 235 100% · 44.7% denied
FHA 1 0% · 100.0% denied

Why it denied Connecticut applicants

Incomplete application 81 76%
Collateral 15 14%
Credit history 4 4%
Insufficient cash 3 3%
Unverifiable information 1 1%
Employment history 1 1%
Debt-to-income ratio 1 1%

Where in Connecticut

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09120 603030 50.0%
09170 432516 37.2%
09140 402119 47.5%
09190 362313 36.1%
09110 351618 51.4%
09180 1358 61.5%
09160 541 20.0%
09130 330 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: 236 applications in 2025, of which 127 were originated and 106 denied.

44.9% of all applications, or 45.5% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Hometown Equity Mortgage originated in Connecticut in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Hometown Equity Mortgage'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