Sikorsky Financial Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
16th23.5% deniedPricingmedian rate spread over APOR, weight 30%
45th0.28 ptsProcesswithdrawn + incomplete share, weight 15%
68th13.3%Closing coststotal loan costs ÷ loan amount, weight 10%
15th3.49% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,694 | 1,083 | 17.2% | 20.1% | 6.25% | $167M |
| 2024 | 1,787 | 1,113 | 20.8% | 23.9% | 7.24% | $187M |
| 2025 | 1,836 | 1,153 | 20.4% | 23.5% | 7.24% | $219M |
What Sikorsky Financial Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 724 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 7 investment properties.
Why Sikorsky Financial Credit Union denies applications
Primary reason reported for each of the 374 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Sikorsky Financial Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 102 | 24 | 67.4% |
| $50k – $100k | 472 | 253 | 34.5% |
| $100k – $150k | 484 | 305 | 21.5% |
| $150k – $250k | 528 | 398 | 10.9% |
| Over $250k | 237 | 167 | 14.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 238 | 158 | 17.6% |
| 35–44 | 467 | 307 | 22.1% |
| 45–54 | 449 | 286 | 24.6% |
| 55–64 | 377 | 236 | 24.8% |
| 65–74 | 202 | 109 | 28.4% |
| Over 74 | 89 | 47 | 27.8% |
Where Sikorsky Financial Credit Union lends
1 states and 9 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Connecticut | 1,836 | 1,153 | 20.4% | 7.24% | #15 |
Frequently asked questions
Sikorsky Financial Credit Union denied 23.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 16th percentile of mid-size mortgage lenders.
The most common reason Sikorsky Financial Credit Union gave in 2025 was "debt-to-income ratio", cited on 52.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Sikorsky Financial Credit Union originated in 2025 was 7.24%, and its median rate spread over the average prime offer rate was 0.28 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 13% of its applications were for home purchases, 28% for refinancing (including cash-out), and 59% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.