Teachers Federal Credit Union · Connecticut · 2025

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

Teachers Federal Credit Union took 23 mortgage applications in Connecticut in 2025, ranking #282 of 687 lenders active in the state. It originated 39.1% of them and denied 17.4% (28.6% of the applications it decided), against a statewide denial rate of 17.4%.

23Applicationsin CT
28.6%Decision denial ratestate 21.6%
5.88%Median ratestate 6.63%
$155,000Median loanstate $245,000
$2.5MVolume8 counties

Teachers Federal Credit Union in Connecticut vs the state

17.4%Denial rate-0.01 pts vs state
28.6%Decision denial rate+6.98 pts vs state
39.1%Origination rate-21.25 pts vs state
5.88%Median rate-0.75 pts vs state
0.48Rate spread (pts)+0.24 pts vs state
$141kMedian applicant income
9Loans originated
4Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329186.9%6.50%#255
202421819.1%7.13%#284
202523917.4%5.88%#282

What Teachers Federal Credit Union lends in Connecticut

By loan purpose

Home purchase 8 35% · 25.0% denied
Cash-out refinance 5 22% · 0.0% denied
Home improvement 2 9% · 50.0% denied
Other / HELOC 8 35% · 12.5% denied

By loan type

Conventional 23 100% · 17.4% denied

Why it denied Connecticut applicants

Debt-to-income ratio 2 50%
Credit history 1 25%
Insufficient cash 1 25%

Where in Connecticut

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

CountyApplicationsOriginatedDeniedDenial rate
09190 951 11.1%
09120 403 75.0%
09180 210 0.0%
09110 200 0.0%
09170 220 0.0%
09140 210 0.0%
09130 100 0.0%
09160 100 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: 23 applications in 2025, of which 9 were originated and 4 denied.

17.4% of all applications, or 28.6% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Teachers Federal Credit Union originated in Connecticut in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are Teachers 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