The Loan Store · Connecticut · 2025

The Loan Store in Connecticut: approval rate, denial rate and rates (2025)

The Loan Store took 257 mortgage applications in Connecticut in 2025, ranking #85 of 687 lenders active in the state. It originated 63.4% of them and denied 14.4% (16.4% of the applications it decided), against a statewide denial rate of 17.4%.

257Applicationsin CT
16.4%Decision denial ratestate 21.6%
6.88%Median ratestate 6.63%
$285,000Median loanstate $245,000
$56MVolume9 counties

The Loan Store in Connecticut vs the state

14.4%Denial rate-3.00 pts vs state
16.4%Decision denial rate-5.22 pts vs state
63.4%Origination rate+3.04 pts vs state
6.88%Median rate+0.25 pts vs state
0.43Rate spread (pts)+0.19 pts vs state
$119kMedian applicant income
163Loans originated
37Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023523311.5%7.38%#195
202417211311.6%6.99%#103
202525716314.4%6.88%#85

What The Loan Store lends in Connecticut

By loan purpose

Home purchase 132 51% · 3.8% denied
Refinance 14 5% · 7.1% denied
Cash-out refinance 40 16% · 10.0% denied
Home improvement 26 10% · 26.9% denied
Other / HELOC 45 18% · 44.4% denied

By loan type

Conventional 248 96% · 14.9% denied
FHA 7 3% · 0.0% denied
VA 2 1% · 0.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 26 70%
Collateral 6 16%
Incomplete application 5 14%

Where in Connecticut

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 754313 17.3%
09140 432810 23.3%
09170 42274 9.5%
09190 29261 3.4%
09120 21121 4.8%
09180 18103 16.7%
09160 1172 18.2%
09130 1062 20.0%
09150 841 12.5%

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: 257 applications in 2025, of which 163 were originated and 37 denied.

14.4% of all applications, or 16.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans The Loan Store originated in Connecticut in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are The Loan Store'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