New Day Financial in Connecticut vs the state
26.0%Denial rate+8.55 pts vs state
58.6%Decision denial rate+37.03 pts vs state
16.4%Origination rate-43.97 pts vs state
6.87%Median rate+0.24 pts vs state
0.75Rate spread (pts)+0.51 pts vs state
$80kMedian applicant income
43Loans originated
68Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 259 | 27 | 21.2% | 7.50% | #78 |
| 2024 | 282 | 32 | 28.7% | 7.69% | #73 |
| 2025 | 262 | 43 | 26.0% | 6.87% | #84 |
What New Day Financial lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09110 | 63 | 11 | 17 | 27.0% |
| 09140 | 45 | 9 | 10 | 22.2% |
| 09180 | 35 | 12 | 9 | 25.7% |
| 09170 | 32 | 3 | 10 | 31.3% |
| 09190 | 27 | 3 | 6 | 22.2% |
| 09130 | 20 | 0 | 4 | 20.0% |
| 09160 | 17 | 1 | 6 | 35.3% |
| 09120 | 13 | 1 | 4 | 30.8% |
| 09150 | 10 | 3 | 2 | 20.0% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 262 applications in 2025, of which 43 were originated and 68 denied.
26.0% of all applications, or 58.6% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans New Day Financial originated in Connecticut in 2025 was 6.87%, against a statewide median of 6.63%.
About this data. Figures are New Day Financial'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