Ocean State Credit Union · Connecticut · 2025

Ocean State Credit Union in Connecticut: approval rate, denial rate and rates (2025)

Ocean State Credit Union took 6 mortgage applications in Connecticut in 2025, ranking #423 of 687 lenders active in the state. It originated 66.7% of them and denied 16.7% (20.0% of the applications it decided), against a statewide denial rate of 17.4%.

6Applicationsin CT
20.0%Decision denial ratestate 21.6%
7.25%Median ratestate 6.63%
$55,000Median loanstate $245,000
$300kVolume3 counties

Ocean State Credit Union in Connecticut vs the state

16.7%Denial rate-0.73 pts vs state
20.0%Decision denial rate-1.59 pts vs state
66.7%Origination rate+6.29 pts vs state
7.25%Median rate+0.63 pts vs state
1.25Rate spread (pts)+1.01 pts vs state
$46kMedian applicant income
4Loans originated
1Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20245420.0%8.00%#440
20256416.7%7.25%#423

What Ocean State Credit Union lends in Connecticut

By loan purpose

Home purchase 6 100% · 16.7% denied

By loan type

Conventional 6 100% · 16.7% denied

Why it denied Connecticut applicants

Debt-to-income ratio 1 100%

Where in Connecticut

Counties with the most Ocean State Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 421 25.0%
09170 110 0.0%
09180 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: 6 applications in 2025, of which 4 were originated and 1 denied.

16.7% of all applications, or 20.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Ocean State Credit Union originated in Connecticut in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Ocean State Credit Union'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