Ridgewood Savings Bank · Connecticut · 2025

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

Ridgewood Savings Bank took 63 mortgage applications in Connecticut in 2025, ranking #206 of 687 lenders active in the state. It originated 63.5% of them and denied 14.3% (18.0% of the applications it decided), against a statewide denial rate of 17.4%.

63Applicationsin CT
18.0%Decision denial ratestate 21.6%
6.25%Median ratestate 6.63%
$1,035,000Median loanstate $245,000
$46MVolume3 counties

Ridgewood Savings Bank in Connecticut vs the state

14.3%Denial rate-3.11 pts vs state
18.0%Decision denial rate-3.59 pts vs state
63.5%Origination rate+3.11 pts vs state
6.25%Median rate-0.38 pts vs state
0.01Rate spread (pts)-0.23 pts vs state
$306kMedian applicant income
40Loans originated
9Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202349378.2%5.88%#200
202451363.9%6.38%#221
2025634014.3%6.25%#206

What Ridgewood Savings Bank lends in Connecticut

By loan purpose

Home purchase 47 75% · 10.6% denied
Refinance 2 3% · 0.0% denied
Cash-out refinance 13 21% · 30.8% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 63 100% · 14.3% denied

Why it denied Connecticut applicants

Debt-to-income ratio 5 56%
Other 4 44%

Where in Connecticut

Counties with the most Ridgewood Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 49318 16.3%
09120 1381 7.7%
09140 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: 63 applications in 2025, of which 40 were originated and 9 denied.

14.3% of all applications, or 18.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Ridgewood Savings Bank originated in Connecticut in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Ridgewood Savings 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