Mortgage Research Center · Connecticut · 2025

Mortgage Research Center in Connecticut: approval rate, denial rate and rates (2025)

Mortgage Research Center took 1,284 mortgage applications in Connecticut in 2025, ranking #25 of 687 lenders active in the state. It originated 45.2% of them and denied 17.7% (27.8% of the applications it decided), against a statewide denial rate of 17.4%.

1.3kApplicationsin CT
27.8%Decision denial ratestate 21.6%
6.25%Median ratestate 6.63%
$345,000Median loanstate $245,000
$221MVolume9 counties

Mortgage Research Center in Connecticut vs the state

17.7%Denial rate+0.28 pts vs state
27.8%Decision denial rate+6.19 pts vs state
45.2%Origination rate-15.21 pts vs state
6.25%Median rate-0.38 pts vs state
-0.26Rate spread (pts)-0.49 pts vs state
$108kMedian applicant income
580Loans originated
227Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393946915.0%6.75%#29
20241,13257316.8%6.50%#27
20251,28458017.7%6.25%#25

What Mortgage Research Center lends in Connecticut

By loan purpose

Home purchase 681 53% · 6.5% denied
Refinance 284 22% · 25.4% denied
Cash-out refinance 319 25% · 34.8% denied

By loan type

Conventional 150 12% · 22.0% denied
FHA 47 4% · 31.9% denied
VA 1,087 85% · 16.5% denied

Why it denied Connecticut applicants

Credit history 118 52%
Other 47 21%
Incomplete application 29 13%
Debt-to-income ratio 16 7%
Collateral 12 5%
Insufficient cash 3 1%
Employment history 2 1%

Where in Connecticut

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 34615064 18.5%
09180 28313637 13.1%
09140 1877535 18.7%
09170 1628031 19.1%
09150 79418 10.1%
09130 783416 20.5%
09190 672715 22.4%
09160 42219 21.4%
09120 401612 30.0%

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: 1,284 applications in 2025, of which 580 were originated and 227 denied.

17.7% of all applications, or 27.8% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Mortgage Research Center originated in Connecticut in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Research Center'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