Newtown Savings Bank · Connecticut · 2025

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

Newtown Savings Bank took 1,059 mortgage applications in Connecticut in 2025, ranking #30 of 687 lenders active in the state. It originated 70.6% of them and denied 6.5% (8.4% of the applications it decided), against a statewide denial rate of 17.4%.

1.1kApplicationsin CT
8.4%Decision denial ratestate 21.6%
6.38%Median ratestate 6.63%
$305,000Median loanstate $245,000
$281MVolume9 counties

Newtown Savings Bank in Connecticut vs the state

6.5%Denial rate-10.88 pts vs state
8.4%Decision denial rate-13.22 pts vs state
70.6%Origination rate+10.25 pts vs state
6.38%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.30 pts vs state
$156kMedian applicant income
748Loans originated
69Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3299416.7%6.25%#20
20241,1007628.6%6.50%#28
20251,0597486.5%6.38%#30

What Newtown Savings Bank lends in Connecticut

By loan purpose

Home purchase 627 59% · 4.2% denied
Refinance 114 11% · 7.9% denied
Cash-out refinance 98 9% · 4.1% denied
Home improvement 21 2% · 9.5% denied
Other / HELOC 199 19% · 14.1% denied

By loan type

Conventional 1,033 98% · 6.4% denied
FHA 21 2% · 14.3% denied
VA 5 0% · 0.0% denied

Why it denied Connecticut applicants

Other 26 38%
Credit history 19 28%
Debt-to-income ratio 18 26%
Collateral 5 7%
Employment history 1 1%

Where in Connecticut

Counties with the most Newtown Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 45332132 7.1%
09140 23916113 5.4%
09120 1358713 9.6%
09170 101727 6.9%
09110 65552 3.1%
09160 27240 0.0%
09130 21162 9.5%
09180 1490 0.0%
09150 430 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: 1,059 applications in 2025, of which 748 were originated and 69 denied.

6.5% of all applications, or 8.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Newtown Savings Bank originated in Connecticut in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Newtown Savings 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