USAA Federal Savings Bank · Connecticut · 2025

USAA Federal Savings Bank in Connecticut: approval rate, denial rate and rates (2025)

USAA Federal Savings Bank took 203 mortgage applications in Connecticut in 2025, ranking #98 of 687 lenders active in the state. It originated 42.9% of them and denied 26.1% (37.3% of the applications it decided), against a statewide denial rate of 17.4%.

203Applicationsin CT
37.3%Decision denial ratestate 21.6%
6.50%Median ratestate 6.63%
$375,000Median loanstate $245,000
$31MVolume9 counties

USAA Federal Savings Bank in Connecticut vs the state

26.1%Denial rate+8.71 pts vs state
37.3%Decision denial rate+15.73 pts vs state
42.9%Origination rate-17.52 pts vs state
6.50%Median rate-0.13 pts vs state
-0.12Rate spread (pts)-0.36 pts vs state
$154kMedian applicant income
87Loans originated
53Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319210224.0%6.63%#93
202421610724.5%6.38%#90
20252038726.1%6.50%#98

What USAA Federal Savings Bank lends in Connecticut

By loan purpose

Home purchase 166 82% · 21.1% denied
Refinance 11 5% · 54.6% denied
Cash-out refinance 21 10% · 47.6% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 2 1% · 50.0% denied

By loan type

Conventional 102 50% · 24.5% denied
VA 101 50% · 27.7% denied

Why it denied Connecticut applicants

Incomplete application 24 45%
Debt-to-income ratio 11 21%
Credit history 6 11%
Insufficient cash 5 9%
Other 3 6%
Collateral 3 6%
Unverifiable information 1 2%

Where in Connecticut

Counties with the most USAA Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 623411 17.7%
09170 30167 23.3%
09180 27135 18.5%
09190 25413 52.0%
09130 1956 31.6%
09140 1956 31.6%
09120 1271 8.3%
09150 522 40.0%
09160 412 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: 203 applications in 2025, of which 87 were originated and 53 denied.

26.1% of all applications, or 37.3% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans USAA Federal Savings Bank originated in Connecticut in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are USAA Federal 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