NFM · Connecticut · 2025

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

NFM took 313 mortgage applications in Connecticut in 2025, ranking #74 of 687 lenders active in the state. It originated 79.6% of them and denied 4.2% (4.9% of the applications it decided), against a statewide denial rate of 17.4%.

313Applicationsin CT
4.9%Decision denial ratestate 21.6%
6.63%Median ratestate 6.63%
$305,000Median loanstate $245,000
$81MVolume9 counties

NFM in Connecticut vs the state

4.2%Denial rate-13.25 pts vs state
4.9%Decision denial rate-16.67 pts vs state
79.6%Origination rate+19.17 pts vs state
6.63%Median rate0.00 pts vs state
0.31Rate spread (pts)+0.08 pts vs state
$96kMedian applicant income
249Loans originated
13Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358413.5%7.38%#185
20241401052.9%6.75%#121
20253132494.2%6.63%#74

What NFM lends in Connecticut

By loan purpose

Home purchase 290 93% · 3.1% denied
Refinance 15 5% · 26.7% denied
Cash-out refinance 6 2% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 239 76% · 3.8% denied
FHA 64 20% · 6.3% denied
VA 10 3% · 0.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 5 38%
Credit history 4 31%
Collateral 2 15%
Other 2 15%

Where in Connecticut

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09170 78605 6.4%
09140 68572 2.9%
09180 46353 6.5%
09110 41332 4.9%
09130 26210 0.0%
09120 25191 4.0%
09190 1380 0.0%
09150 10100 0.0%
09160 660 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: 313 applications in 2025, of which 249 were originated and 13 denied.

4.2% of all applications, or 4.9% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

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

About this data. Figures are NFM'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