Name of the lender

Nutmeg State FCUMortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Rocky Hill, CT
Reporting agency: National Credit Union Administration (NCUA)
Legal Entity Identifier (LEI)
Earlier names on its filings: Nutmeg State Financial Credit Union

Figures by state (CSV)

Nutmeg State FCU reported 726 mortgage applications in the HMDA data of 2025.

It originated 395 loans in 2025, for $41.0 million in total.

The lender filed the interest rate as “Exempt” for all of its 395 loans originated in 2025. This page shows no median interest rate.

This page shows no median total loan costs, because fewer than 20 loans report the amount.

It denied 41.4% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Nutmeg State FCU, 2025
Figure	This lender	United States
Applications	726Under 0.1% of the US total	11,766,671
Loans originated	395$41.0 million	6,827,891
Median interest rate	ExemptWhy there is no median	6.375%
Median total loan costs	Exempt	$6,413
Denial rate	41.4%	22.6%

HMDA data are generally not used alone 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.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Median interest rate, 2025Exempt

The lender filed the interest rate as “Exempt” for all of its 395 loans originated in 2025.

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians.

The applications, the loans originated and the denial rate on this page do not need the exempt fields.

A lender with a partial exemption can file “Exempt” in place of the interest rate, the total loan costs and some other fields. The glossary has the rule.

If a financial institution is eligible for a partial exemption for a specific transaction, then the financial institution is not required to collect, record, or report certain data points for the transaction.
Source: CFPB, A Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data (June 2022), copied on 2 Oct 2026.

Median interest rate by year: Nutmeg State FCU and the United States

Nutmeg State FCUUnited States

Action takenHMDA codes and labels

Records of Nutmeg State FCU by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	395	45.2%	50.4%
2Application approved but not accepted	12	1.4%	3.1%
3Application denied	288	33.0%	15.6%
4Application withdrawn by applicant	31	3.5%	12.6%
5File closed for incompleteness	0	0.0%	5.1%
6Purchased loan	148	16.9%	11.7%
7Preapproval request denied	0	0.0%	0.4%
8Preapproval request approved but not accepted	0	0.0%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

The lender has fewer than 25 denials in 2025, so this page shows no reasons.

Loan types and purposesLoans of 2025

Applications of Nutmeg State FCU by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	726	395	41.4%US 23.4%

Applications of Nutmeg State FCU by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	58	25	6.3%
Home improvement	367	203	51.4%
Refinancing	10	7	1.8%
Cash-out refinancing	170	105	26.6%
Other purpose	121	55	13.9%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends1 state with 25 applications or more

Nutmeg State FCU by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Connecticut	724	394	n/a	n/a	41.4%

Counties of Nutmeg State FCU with 50 applications or more, 2025In order of the names. The list has the 4 counties with the most loans of the lender.
County	Applications	Loans originated	Amount	Denial rate
Capitol Planning Region, CT	362	202	$20.0 million	39.7%
Lower Connecticut River Valley Planning Region, CT	61	38	$4.0 million	31.1%
Naugatuck Valley Planning Region, CT	117	58	$4.8 million	46.4%
South Central Connecticut Planning Region, CT	78	40	$4.1 million	45.2%

Figures by yearHMDA 2022 to 2025

Nutmeg State FCU by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	726	395	n/a	n/a	41.4%	874
2024	874	412	n/a	n/a	48.6%	952
2023	640	410	n/a	n/a	30.6%	654
2022	858	644	3.500%	$0	23.9%	858
2021	n/a	n/a	n/a	n/a	n/a	762
2020	n/a	n/a	n/a	n/a	n/a	598
2019	n/a	n/a	n/a	n/a	n/a	739
2018	n/a	n/a	n/a	n/a	n/a	711

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: Nutmeg State FCU and the United States

Nutmeg State FCUUnited States

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

360 Federal Credit UnionWindsor Locks, CT
Ascend BankGuilford, CT
Chelsea Groton BankGroton, CT
Connex Credit UnionNorth Haven, CT
CSE Credit Union, Inc.Hartford, CT
Dime BankNorwich, CT
Ion BankNaugatuck, CT
Members Mortgage Company IncStoneham, MA
Newtown Savings BankNewtown, CT
Thomaston Savings BankThomaston, CT
Torrington Savings BankTorrington, CT
Union Savings BankDanbury, CT

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Nutmeg State FCU mortgage rates, costs and denial rate, 2025", https://lenderregister.com/lender/549300xumml1smltvq62-nutmeg-state-fcu/
Lender: Nutmeg State FCU, LEI 549300XUMML1SMLTVQ62
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2018 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did Nutmeg State FCU buy from other lenders in 2025?: It reported 148 purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
In which states did Nutmeg State FCU originate the most loans in 2025?: It had 25 applications or more in one state only: Connecticut, with 394 loans originated.
Which loan types did Nutmeg State FCU originate in 2025?: All its loans were of one type: 395 Conventional.
How did the applications of Nutmeg State FCU change from 2022 to 2025?: It reported 858 applications in 2022 and 726 in 2025.