The Torrington Savings Bank · Connecticut · 2025

The Torrington Savings Bank in Connecticut: approval rate, denial rate and rates (2025)

The Torrington Savings Bank took 368 mortgage applications in Connecticut in 2025, ranking #67 of 687 lenders active in the state. It originated 60.9% of them and denied 19.3% (23.4% of the applications it decided), against a statewide denial rate of 17.4%.

368Applicationsin CT
23.4%Decision denial ratestate 21.6%
6.25%Median ratestate 6.63%
$175,000Median loanstate $245,000
$76MVolume9 counties

The Torrington Savings Bank in Connecticut vs the state

19.3%Denial rate+1.89 pts vs state
23.4%Decision denial rate+1.84 pts vs state
60.9%Origination rate+0.49 pts vs state
6.25%Median rate-0.38 pts vs state
0.05Rate spread (pts)-0.18 pts vs state
$133kMedian applicant income
224Loans originated
71Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351534214.4%5.75%#49
202438824417.0%6.38%#59
202536822419.3%6.25%#67

What The Torrington Savings Bank lends in Connecticut

By loan purpose

Home purchase 151 41% · 7.3% denied
Refinance 86 23% · 25.6% denied
Cash-out refinance 11 3% · 18.2% denied
Home improvement 65 18% · 23.1% denied
Other / HELOC 55 15% · 38.2% denied

By loan type

Conventional 368 100% · 19.3% denied

Why it denied Connecticut applicants

Credit history 37 52%
Debt-to-income ratio 15 21%
Incomplete application 7 10%
Other 6 8%
Collateral 4 6%
Employment history 1 1%
Unverifiable information 1 1%

Where in Connecticut

Counties with the most The Torrington Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09160 19112040 20.9%
09110 815113 16.0%
09140 462712 26.1%
09190 1452 14.3%
09170 1481 7.1%
09120 1071 10.0%
09130 430 0.0%
09180 410 0.0%
09150 422 50.0%

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: 368 applications in 2025, of which 224 were originated and 71 denied.

19.3% of all applications, or 23.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans The Torrington Savings Bank originated in Connecticut in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are The Torrington Savings Bank'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