Norwich Commercial Group · Connecticut · 2025

Norwich Commercial Group in Connecticut: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 631 mortgage applications in Connecticut in 2025, ranking #49 of 687 lenders active in the state. It originated 63.9% of them and denied 9.7% (13.1% of the applications it decided), against a statewide denial rate of 17.4%.

631Applicationsin CT
13.1%Decision denial ratestate 21.6%
6.38%Median ratestate 6.63%
$215,000Median loanstate $245,000
$74MVolume9 counties

Norwich Commercial Group in Connecticut vs the state

9.7%Denial rate-7.73 pts vs state
13.1%Decision denial rate-8.47 pts vs state
63.9%Origination rate+3.49 pts vs state
6.38%Median rate-0.25 pts vs state
0.08Rate spread (pts)-0.16 pts vs state
$83kMedian applicant income
403Loans originated
61Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,26886914.0%6.50%#22
202487156711.9%6.63%#38
20256314039.7%6.38%#49

What Norwich Commercial Group lends in Connecticut

By loan purpose

Home purchase 599 95% · 9.7% denied
Refinance 32 5% · 9.4% denied

By loan type

Conventional 463 73% · 8.2% denied
FHA 143 23% · 13.3% denied
VA 18 3% · 16.7% denied
USDA / RHS 7 1% · 14.3% denied

Why it denied Connecticut applicants

Incomplete application 22 36%
Debt-to-income ratio 21 34%
Credit history 8 13%
Other 4 7%
Insufficient cash 3 5%
Collateral 3 5%

Where in Connecticut

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 20214516 7.9%
09140 1557626 16.8%
09170 81603 3.7%
09180 77544 5.2%
09190 26104 15.4%
09150 22122 9.1%
09160 21172 9.5%
09130 21210 0.0%
09120 1583 20.0%

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: 631 applications in 2025, of which 403 were originated and 61 denied.

9.7% of all applications, or 13.1% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Norwich Commercial Group originated in Connecticut in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Norwich Commercial Group'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