T2 Financial · Connecticut · 2025

T2 Financial in Connecticut: approval rate, denial rate and rates (2025)

T2 Financial took 578 mortgage applications in Connecticut in 2025, ranking #54 of 687 lenders active in the state. It originated 77.3% of them and denied 7.6% (8.5% of the applications it decided), against a statewide denial rate of 17.4%.

578Applicationsin CT
8.5%Decision denial ratestate 21.6%
6.75%Median ratestate 6.63%
$325,000Median loanstate $245,000
$157MVolume9 counties

T2 Financial in Connecticut vs the state

7.6%Denial rate-9.79 pts vs state
8.5%Decision denial rate-13.14 pts vs state
77.3%Origination rate+16.96 pts vs state
6.75%Median rate+0.13 pts vs state
0.40Rate spread (pts)+0.16 pts vs state
$110kMedian applicant income
447Loans originated
44Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232261678.9%7.13%#84
20245013984.6%6.75%#53
20255784477.6%6.75%#54

What T2 Financial lends in Connecticut

By loan purpose

Home purchase 497 86% · 5.4% denied
Refinance 36 6% · 19.4% denied
Cash-out refinance 39 7% · 23.1% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 5 1% · 20.0% denied

By loan type

Conventional 422 73% · 6.4% denied
FHA 119 21% · 14.3% denied
VA 34 6% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 13 30%
Incomplete application 9 20%
Insufficient cash 7 16%
Other 5 11%
Collateral 5 11%
Credit history 3 7%
Unverifiable information 1 2%
Employment history 1 2%

Where in Connecticut

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09150 108877 6.5%
09170 1077713 12.1%
09110 98794 4.1%
09180 96764 4.2%
09140 81597 8.6%
09120 41333 7.3%
09130 21163 14.3%
09190 14112 14.3%
09160 1291 8.3%

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: 578 applications in 2025, of which 447 were originated and 44 denied.

7.6% of all applications, or 8.5% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans T2 Financial originated in Connecticut in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are T2 Financial'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