Service Federal Credit Union · Connecticut · 2025

Service Federal Credit Union in Connecticut: approval rate, denial rate and rates (2025)

Service Federal Credit Union took 21 mortgage applications in Connecticut in 2025, ranking #293 of 687 lenders active in the state. It originated 42.9% of them and denied 33.3% (43.8% of the applications it decided), against a statewide denial rate of 17.4%.

21Applicationsin CT
43.8%Decision denial ratestate 21.6%
5.50%Median ratestate 6.63%
$305,000Median loanstate $245,000
$5.0MVolume8 counties

Service Federal Credit Union in Connecticut vs the state

33.3%Denial rate+15.93 pts vs state
43.8%Decision denial rate+22.16 pts vs state
42.9%Origination rate-17.52 pts vs state
5.50%Median rate-1.13 pts vs state
-0.43Rate spread (pts)-0.66 pts vs state
$200kMedian applicant income
9Loans originated
7Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023241316.7%5.50%#270
202412525.0%6.49%#332
202521933.3%5.50%#293

What Service Federal Credit Union lends in Connecticut

By loan purpose

Home purchase 7 33% · 0.0% denied
Refinance 2 10% · 0.0% denied
Cash-out refinance 5 24% · 60.0% denied
Home improvement 5 24% · 60.0% denied
Other / HELOC 2 10% · 50.0% denied

By loan type

Conventional 17 81% · 29.4% denied
VA 4 19% · 50.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 5 71%
Credit history 1 14%
Other 1 14%

Where in Connecticut

Counties with the most Service Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 623 50.0%
09190 420 0.0%
09170 312 66.7%
09120 311 33.3%
09140 211 50.0%
09130 110 0.0%
09160 100 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: 21 applications in 2025, of which 9 were originated and 7 denied.

33.3% of all applications, or 43.8% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Service Federal Credit Union originated in Connecticut in 2025 was 5.50%, against a statewide median of 6.63%.

About this data. Figures are Service Federal 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