Planet Home Lending · Connecticut · 2025

Planet Home Lending in Connecticut: approval rate, denial rate and rates (2025)

Planet Home Lending took 84 mortgage applications in Connecticut in 2025, ranking #183 of 687 lenders active in the state. It originated 77.4% of them and denied 19.1% (19.5% of the applications it decided), against a statewide denial rate of 17.4%.

84Applicationsin CT
19.5%Decision denial ratestate 21.6%
5.99%Median ratestate 6.63%
$310,000Median loanstate $245,000
$24MVolume9 counties

Planet Home Lending in Connecticut vs the state

19.1%Denial rate+1.65 pts vs state
19.5%Decision denial rate-2.08 pts vs state
77.4%Origination rate+17.00 pts vs state
5.99%Median rate-0.63 pts vs state
0.08Rate spread (pts)-0.15 pts vs state
$131kMedian applicant income
65Loans originated
16Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023452737.8%6.75%#211
2024554120.0%6.13%#218
2025846519.1%5.99%#183

What Planet Home Lending lends in Connecticut

By loan purpose

Home purchase 9 11% · 11.1% denied
Refinance 50 60% · 12.0% denied
Cash-out refinance 15 18% · 33.3% denied
Home improvement 2 2% · 100.0% denied
Other / HELOC 8 10% · 25.0% denied

By loan type

Conventional 20 24% · 25.0% denied
FHA 49 58% · 22.5% denied
VA 15 18% · 0.0% denied

Why it denied Connecticut applicants

Other 4 25%
Collateral 4 25%
Incomplete application 4 25%
Credit history 3 19%
Employment history 1 6%

Where in Connecticut

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 20155 25.0%
09140 16115 31.3%
09170 14122 14.3%
09190 1172 18.2%
09180 880 0.0%
09120 651 16.7%
09150 531 20.0%
09160 330 0.0%
09130 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: 84 applications in 2025, of which 65 were originated and 16 denied.

19.1% of all applications, or 19.5% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Planet Home Lending originated in Connecticut in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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