Nqm Funding · Connecticut · 2025

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

Nqm Funding took 83 mortgage applications in Connecticut in 2025, ranking #186 of 687 lenders active in the state. It originated 69.9% of them and denied 12.1% (13.5% of the applications it decided), against a statewide denial rate of 17.4%.

83Applicationsin CT
13.5%Decision denial ratestate 21.6%
7.62%Median ratestate 6.63%
$355,000Median loanstate $245,000
$24MVolume9 counties

Nqm Funding in Connecticut vs the state

12.1%Denial rate-5.35 pts vs state
13.5%Decision denial rate-8.08 pts vs state
69.9%Origination rate+9.50 pts vs state
7.62%Median rate+1.00 pts vs state
1.16Rate spread (pts)+0.92 pts vs state
$137kMedian applicant income
58Loans originated
10Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023654215.4%8.69%#179
20241096818.4%8.50%#148
2025835812.1%7.62%#186

What Nqm Funding lends in Connecticut

By loan purpose

Home purchase 57 69% · 10.5% denied
Refinance 26 31% · 15.4% denied

By loan type

Conventional 83 100% · 12.1% denied

Why it denied Connecticut applicants

Unverifiable information 4 40%
Debt-to-income ratio 3 30%
Credit history 1 10%
Other 1 10%
Insufficient cash 1 10%

Where in Connecticut

Counties with the most Nqm Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 30212 6.7%
09170 13101 7.7%
09110 1062 20.0%
09140 1091 10.0%
09130 842 25.0%
09120 632 33.3%
09180 320 0.0%
09160 220 0.0%
09150 110 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: 83 applications in 2025, of which 58 were originated and 10 denied.

12.1% of all applications, or 13.5% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Nqm Funding originated in Connecticut in 2025 was 7.62%, against a statewide median of 6.63%.

About this data. Figures are Nqm Funding'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