Lenders › New Day Financial, LLC. › Connecticut
New Day Financial, LLC. in Connecticut
HMDA record for properties in Connecticut, calendar year 2024. National record · Connecticut overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
New Day Financial, LLC.'s 2024 HMDA record for Connecticut covers 282 applications, 32 of them originated, worth $9.4m.
Its denial rate in the state was 71.7%, above the Connecticut rate of 23.7% across all lenders and compared with the lender's national rate of 58.5%.
The median rate spread on its Connecticut originations was 1.5 percentage points (state median 0.3).
Applications in the state were up 9% on 2023.
Compared with the state and the lender's national record
| Measure | In Connecticut | Connecticut, all lenders | New Day Financial, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 71.7% | 23.7% | 58.5% | 24.3% |
| Median rate spread, pp | 1.5 | 0.3 | 1.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 46.9% | 14.8% | 44.5% | 15.6% |
| Average originated loan | $294k | $325k | $267k | $329k |
| Home purchase share | 6.3% | 52.6% | 6.2% | 57.0% |
| FHA-insured share | 0.0% | 9.1% | 2.4% | 13.4% |
| VA-guaranteed share | 100.0% | 3.5% | 97.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateConnecticut, all lenders
Loan purpose and loan type in Connecticut
By purpose
Home purchase 6% (2)Refinancing 19% (6)Cash-out refinancing 75% (24)
By type
VA 100% (32)
Denial reasons as coded
Share of 81 denials in Connecticut by first denial reason coded (outlined bar: all lenders in the state).
Counties in Connecticut
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Southeastern Connecticut Planning Region | 34 | 8 | $1.8m | — |
| Capitol Planning Region | 67 | 7 | $2.1m | 74.1% |
| Naugatuck Valley Planning Region | 40 | 7 | $2.3m | — |
| South Central Connecticut Planning Region | 45 | 3 | $705k | — |
| Western Connecticut Planning Region | 25 | 1 | $425k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New Day Financial, LLC. originate in Connecticut in 2024?
32 loans totalling $9.4m, from 282 applications reported for properties in Connecticut.
What is New Day Financial, LLC.'s denial rate in Connecticut?
71.7% of decided applications in Connecticut were denied, against 23.7% for all lenders in the state and 58.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Connecticut counties does New Day Financial, LLC. lend in most?
By originations: Southeastern Connecticut Planning Region (8), Capitol Planning Region (7), Naugatuck Valley Planning Region (7), South Central Connecticut Planning Region (3), Western Connecticut Planning Region (1).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Connecticut. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.