Ixonia Bank · Connecticut · 2025

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

Ixonia Bank took 291 mortgage applications in Connecticut in 2025, ranking #79 of 687 lenders active in the state. It originated 67.7% of them and denied 7.6% (10.1% of the applications it decided), against a statewide denial rate of 17.4%.

291Applicationsin CT
10.1%Decision denial ratestate 21.6%
6.75%Median ratestate 6.63%
$325,000Median loanstate $245,000
$70MVolume9 counties

Ixonia Bank in Connecticut vs the state

7.6%Denial rate-9.84 pts vs state
10.1%Decision denial rate-11.54 pts vs state
67.7%Origination rate+7.32 pts vs state
6.75%Median rate+0.13 pts vs state
0.51Rate spread (pts)+0.28 pts vs state
$116kMedian applicant income
197Loans originated
22Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231278.3%6.75%#324
20242181507.8%6.99%#89
20252911977.6%6.75%#79

What Ixonia Bank lends in Connecticut

By loan purpose

Home purchase 230 79% · 6.5% denied
Refinance 13 4% · 7.7% denied
Cash-out refinance 27 9% · 7.4% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 18 6% · 22.2% denied

By loan type

Conventional 212 73% · 5.7% denied
FHA 73 25% · 13.7% denied
VA 5 2% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Connecticut applicants

Credit history 8 36%
Debt-to-income ratio 6 27%
Collateral 4 18%
Unverifiable information 2 9%
Employment history 2 9%

Where in Connecticut

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 100736 6.0%
09110 69498 11.6%
09130 36191 2.8%
09140 36242 5.6%
09180 15121 6.7%
09150 1281 8.3%
09160 1081 10.0%
09120 821 12.5%
09190 521 20.0%

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: 291 applications in 2025, of which 197 were originated and 22 denied.

7.6% of all applications, or 10.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

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

About this data. Figures are Ixonia Bank'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