Webster Bank · Connecticut · 2025

Webster Bank in Connecticut: approval rate, denial rate and rates (2025)

Webster Bank took 2,762 mortgage applications in Connecticut in 2025, ranking #8 of 687 lenders active in the state. It originated 55.8% of them and denied 21.9% (27.2% of the applications it decided), against a statewide denial rate of 17.4%.

2.8kApplicationsin CT
27.2%Decision denial ratestate 21.6%
6.74%Median ratestate 6.63%
$155,000Median loanstate $245,000
$466MVolume9 counties

Webster Bank in Connecticut vs the state

21.9%Denial rate+4.47 pts vs state
27.2%Decision denial rate+5.65 pts vs state
55.8%Origination rate-4.59 pts vs state
6.74%Median rate+0.12 pts vs state
0.75Rate spread (pts)+0.51 pts vs state
$118kMedian applicant income
1,541Loans originated
604Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,3501,99918.8%7.12%#5
20242,7591,52220.6%8.24%#9
20252,7621,54121.9%6.74%#8

What Webster Bank lends in Connecticut

By loan purpose

Home purchase 386 14% · 16.3% denied
Refinance 1,141 41% · 19.3% denied
Cash-out refinance 41 1% · 19.5% denied
Home improvement 733 27% · 25.7% denied
Other / HELOC 461 17% · 27.1% denied

By loan type

Conventional 2,757 100% · 21.9% denied
FHA 5 0% · 20.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 224 37%
Other 152 25%
Credit history 149 25%
Collateral 63 10%
Unverifiable information 13 2%
Insufficient cash 3 0%

Where in Connecticut

Counties with the most Webster Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 864512181 20.9%
09140 594324116 19.5%
09190 44425696 21.6%
09170 34918079 22.6%
09120 1828760 33.0%
09160 1728947 27.3%
09130 1287620 15.6%
09180 24153 12.5%
09150 522 40.0%

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%
NewrezD 2,55621.8%6.88%
AMERICAN EAGLE FINANCIAL Credit UnionD 2,46318.9%7.75%
First World MortgageA 2,3323.5%6.49%

Frequently asked questions

Connecticut: 2,762 applications in 2025, of which 1,541 were originated and 604 denied.

21.9% of all applications, or 27.2% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Webster Bank originated in Connecticut in 2025 was 6.74%, against a statewide median of 6.63%.

About this data. Figures are Webster 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