Paramount Bank · Connecticut · 2025

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

Paramount Bank took 5 mortgage applications in Connecticut in 2025, ranking #434 of 687 lenders active in the state. It originated 60.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 17.4%.

5Applicationsin CT
25.0%Decision denial ratestate 21.6%
6.88%Median ratestate 6.63%
$275,000Median loanstate $245,000
$2.3MVolume3 counties

Paramount Bank in Connecticut vs the state

20.0%Denial rate+2.60 pts vs state
25.0%Decision denial rate+3.41 pts vs state
60.0%Origination rate-0.38 pts vs state
6.88%Median rate+0.25 pts vs state
0.16Rate spread (pts)-0.07 pts vs state
$63kMedian applicant income
3Loans originated
1Denied

What Paramount Bank lends in Connecticut

By loan purpose

Home purchase 1 20% · 0.0% denied
Cash-out refinance 3 60% · 33.3% denied
Other / HELOC 1 20% · 0.0% denied

By loan type

Conventional 4 80% · 25.0% denied
FHA 1 20% · 0.0% denied

Why it denied Connecticut applicants

Incomplete application 1 100%

Where in Connecticut

Counties with the most Paramount Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 220 0.0%
09110 211 50.0%
09140 100 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: 5 applications in 2025, of which 3 were originated and 1 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Paramount Bank originated in Connecticut in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Paramount 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