Lafayette Federal Credit Union · Connecticut · 2025

Lafayette Federal Credit Union in Connecticut: approval rate, denial rate and rates (2025)

Lafayette Federal Credit Union took 25 mortgage applications in Connecticut in 2025, ranking #272 of 687 lenders active in the state. It originated 84.0% of them and denied 4.0% (4.2% of the applications it decided), against a statewide denial rate of 17.4%.

25Applicationsin CT
4.2%Decision denial ratestate 21.6%
8.00%Median ratestate 6.63%
$255,000Median loanstate $245,000
$6.0MVolume5 counties

Lafayette Federal Credit Union in Connecticut vs the state

4.0%Denial rate-13.40 pts vs state
4.2%Decision denial rate-17.42 pts vs state
84.0%Origination rate+23.62 pts vs state
8.00%Median rate+1.38 pts vs state
0.67Rate spread (pts)+0.43 pts vs state
$301kMedian applicant income
21Loans originated
1Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238612.5%8.50%#372
2024281921.4%9.00%#255
202525214.0%8.00%#272

What Lafayette Federal Credit Union lends in Connecticut

By loan purpose

Home purchase 6 24% · 0.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 9 36% · 11.1% denied
Home improvement 3 12% · 0.0% denied
Other / HELOC 6 24% · 0.0% denied

By loan type

Conventional 25 100% · 4.0% denied

Why it denied Connecticut applicants

Credit history 1 100%

Where in Connecticut

Counties with the most Lafayette Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 14121 7.1%
09120 660 0.0%
09160 310 0.0%
09130 110 0.0%
09110 110 0.0%

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: 25 applications in 2025, of which 21 were originated and 1 denied.

4.0% of all applications, or 4.2% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Lafayette Federal Credit Union originated in Connecticut in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are Lafayette Federal Credit Union'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