Loan Funder · Connecticut · 2025

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

Loan Funder took 570 mortgage applications in Connecticut in 2025, ranking #55 of 687 lenders active in the state. It originated 56.8% of them and denied 7.7% (12.0% of the applications it decided), against a statewide denial rate of 17.4%.

570Applicationsin CT
12.0%Decision denial ratestate 21.6%
8.01%Median ratestate 6.63%
$325,000Median loanstate $245,000
$152MVolume9 counties

Loan Funder in Connecticut vs the state

7.7%Denial rate-9.68 pts vs state
12.0%Decision denial rate-9.63 pts vs state
56.8%Origination rate-3.54 pts vs state
8.01%Median rate+1.38 pts vs state
Rate spread (pts)
Median applicant income
324Loans originated
44Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233532543.4%9.08%#61
20246063127.1%10.24%#47
20255703247.7%8.01%#55

What Loan Funder lends in Connecticut

By loan purpose

Home purchase 353 62% · 7.4% denied
Refinance 38 7% · 10.5% denied
Cash-out refinance 179 31% · 7.8% denied

By loan type

Conventional 570 100% · 7.7% denied

Why it denied Connecticut applicants

Credit history 19 43%
Collateral 18 41%
Employment history 6 14%
Unverifiable information 1 2%

Where in Connecticut

Counties with the most Loan Funder applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 1206214 11.7%
09110 116669 7.8%
09140 99663 3.0%
09190 82418 9.8%
09120 70483 4.3%
09180 40183 7.5%
09130 24141 4.2%
09160 1382 15.4%
09150 611 16.7%

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: 570 applications in 2025, of which 324 were originated and 44 denied.

7.7% of all applications, or 12.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Loan Funder originated in Connecticut in 2025 was 8.01%, against a statewide median of 6.63%.

About this data. Figures are Loan Funder'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