The Washington Trust Company, of Westerly in Connecticut vs the state
23.3%Denial rate+5.89 pts vs state
27.4%Decision denial rate+5.83 pts vs state
56.9%Origination rate-3.53 pts vs state
6.63%Median rate0.00 pts vs state
-0.02Rate spread (pts)-0.26 pts vs state
$152kMedian applicant income
83Loans originated
34Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 139 | 82 | 18.0% | 6.40% | #109 |
| 2024 | 123 | 69 | 22.8% | 6.99% | #137 |
| 2025 | 146 | 83 | 23.3% | 6.63% | #137 |
What The Washington Trust Company, of Westerly lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most The Washington Trust Company, of Westerly applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09180 | 67 | 47 | 8 | 11.9% |
| 09110 | 26 | 12 | 7 | 26.9% |
| 09140 | 12 | 3 | 7 | 58.3% |
| 09150 | 11 | 8 | 2 | 18.2% |
| 09130 | 11 | 5 | 5 | 45.5% |
| 09190 | 9 | 5 | 2 | 22.2% |
| 09120 | 4 | 0 | 1 | 25.0% |
| 09170 | 4 | 2 | 1 | 25.0% |
| 09160 | 2 | 1 | 1 | 50.0% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 146 applications in 2025, of which 83 were originated and 34 denied.
23.3% of all applications, or 27.4% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans The Washington Trust Company, of Westerly originated in Connecticut in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are The Washington Trust Company, of Westerly'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