U.S. Bank · Connecticut · 2025

U.S. Bank in Connecticut: approval rate, denial rate and rates (2025)

U.S. Bank took 1,758 mortgage applications in Connecticut in 2025, ranking #17 of 687 lenders active in the state. It originated 65.2% of them and denied 16.0% (19.3% of the applications it decided), against a statewide denial rate of 17.4%.

1.8kApplicationsin CT
19.3%Decision denial ratestate 21.6%
6.38%Median ratestate 6.63%
$465,000Median loanstate $245,000
$1.0BVolume9 counties

U.S. Bank in Connecticut vs the state

16.0%Denial rate-1.42 pts vs state
19.3%Decision denial rate-2.28 pts vs state
65.2%Origination rate+4.86 pts vs state
6.38%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.29 pts vs state
$256kMedian applicant income
1,147Loans originated
281Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,47586923.8%6.63%#17
20241,7091,08819.7%6.50%#15
20251,7581,14716.0%6.38%#17

What U.S. Bank lends in Connecticut

By loan purpose

Home purchase 864 49% · 5.7% denied
Refinance 335 19% · 3.0% denied
Cash-out refinance 118 7% · 16.1% denied
Home improvement 222 13% · 43.2% denied
Other / HELOC 219 12% · 48.9% denied

By loan type

Conventional 1,728 98% · 16.0% denied
FHA 23 1% · 21.7% denied
VA 7 0% · 0.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 113 40%
Collateral 81 29%
Credit history 58 21%
Unverifiable information 14 5%
Other 10 4%
Insufficient cash 2 1%
Incomplete application 2 1%
Employment history 1 0%

Where in Connecticut

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09190 92165599 10.7%
09110 22213149 22.1%
09120 19911837 18.6%
09140 1357033 24.4%
09170 1207229 24.2%
09180 543512 22.2%
09130 513212 23.5%
09150 31176 19.4%
09160 25174 16.0%

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: 1,758 applications in 2025, of which 1,147 were originated and 281 denied.

16.0% of all applications, or 19.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans U.S. Bank originated in Connecticut in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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