Westfield Bank · Connecticut · 2025

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

Westfield Bank took 171 mortgage applications in Connecticut in 2025, ranking #118 of 687 lenders active in the state. It originated 71.9% of them and denied 14.0% (16.0% of the applications it decided), against a statewide denial rate of 17.4%.

171Applicationsin CT
16.0%Decision denial ratestate 21.6%
6.25%Median ratestate 6.63%
$135,000Median loanstate $245,000
$29MVolume8 counties

Westfield Bank in Connecticut vs the state

14.0%Denial rate-3.36 pts vs state
16.0%Decision denial rate-5.59 pts vs state
71.9%Origination rate+11.55 pts vs state
6.25%Median rate-0.38 pts vs state
-0.18Rate spread (pts)-0.42 pts vs state
$104kMedian applicant income
123Loans originated
24Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231419510.6%6.25%#108
20241449214.6%6.88%#116
202517112314.0%6.25%#118

What Westfield Bank lends in Connecticut

By loan purpose

Home purchase 44 26% · 0.0% denied
Refinance 39 23% · 15.4% denied
Home improvement 44 26% · 25.0% denied
Other / HELOC 44 26% · 15.9% denied

By loan type

Conventional 171 100% · 14.0% denied

Why it denied Connecticut applicants

Credit history 12 50%
Debt-to-income ratio 11 46%
Other 1 4%

Where in Connecticut

Counties with the most Westfield Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 14710620 13.6%
09130 972 22.2%
09190 521 20.0%
09180 321 33.3%
09170 220 0.0%
09150 220 0.0%
09160 210 0.0%
09120 110 0.0%

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: 171 applications in 2025, of which 123 were originated and 24 denied.

14.0% of all applications, or 16.0% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

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

About this data. Figures are Westfield 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