States › Connecticut
Connecticut mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in Connecticut, with all 9 counties.
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. Record year 2024.
Connecticut had 112,090 HMDA-reported mortgage applications and 66,855 originations ($22bn) in 2024, from 269 lenders with at least 25 applications in the state.
The statewide denial rate was 23.7% (national 24.3%) and the median rate spread 0.3 percentage points (national 0.3). Originations ran at 46.6 per 1,000 households, against 48.0 nationally.
Originations in the state went from 72,648 in 2018 to 66,855 in 2024; the denial rate moved from 26.2% to 23.7%.
The most active lenders by originations were Rocket Mortgage (3,526), Total Mortgage Services, LLC (3,091) and United Wholesale Mortgage (2,711).
Most active lenders in Connecticut
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 4,627 | 3,526 | $904m | 17.0% | 0.6 |
| 2 | Total Mortgage Services, LLC | 3,954 | 3,091 | $844m | 6.8% | 0.2 |
| 3 | United Wholesale Mortgage | 3,689 | 2,711 | $913m | 15.4% | 0.3 |
| 4 | CBNA Year to Date | 4,065 | 2,430 | $745m | 31.0% | 0.7 |
| 5 | Liberty Bank | 3,089 | 2,390 | $724m | 12.6% | -1.6 |
| 6 | M&T Bank | 3,615 | 2,127 | $494m | 34.9% | 0.6 |
| 7 | First World Mortgage Corporaton | 2,335 | 2,003 | $373m | 4.8% | -0.1 |
| 8 | Bank of America NA | 4,518 | 1,919 | $653m | 43.9% | 0.7 |
| 9 | Webster Bank, N.A. | 2,759 | 1,522 | $423m | 26.3% | 1.0 |
| 10 | Movement Mortgage, LLC | 1,618 | 1,237 | $310m | 3.3% | 0.1 |
| 11 | Fairway Independent Mort Corp | 1,654 | 1,232 | $350m | 8.7% | 0.3 |
| 12 | American Eagle FCU | 1,831 | 1,205 | $145m | 25.5% | 1.0 |
| 13 | Sikorksy Financial Credit Union | 1,787 | 1,113 | $187m | 23.9% | 0.4 |
| 14 | Us Bank, N.A. | 1,709 | 1,088 | $849m | 23.4% | -0.0 |
| 15 | Crosscountry Mortgage, LLC | 1,551 | 1,058 | $431m | 4.1% | 0.4 |
| 16 | TD Bank | 2,157 | 1,056 | $303m | 39.4% | 0.6 |
| 17 | CMG Mortgage Inc | 1,367 | 929 | $268m | 10.2% | 0.2 |
| 18 | JPMorgan Chase Bank, NA | 1,373 | 875 | $618m | 13.7% | 0.1 |
| 19 | Charter Oak Federal Credit Union | 1,095 | 780 | $131m | 16.4% | 0.1 |
| 20 | Loandepot.com, LLC | 1,425 | 770 | $209m | 30.7% | 0.6 |
| 21 | Guaranteed Rate, Inc. | 1,255 | 769 | $248m | 8.7% | 0.3 |
| 22 | Navy Federal Credit Union | 1,503 | 763 | $166m | 28.5% | 0.9 |
| 23 | Newrez LLC | 2,046 | 762 | $236m | 38.3% | 0.6 |
| 24 | Newtown Savings Bank | 1,100 | 762 | $305m | 11.0% | -0.0 |
| 25 | Prosperity Home Mortgage, LLC | 979 | 706 | $246m | 8.8% | 0.3 |
| 26 | Thomaston Savings Bank | 911 | 679 | $137m | 17.2% | 0.2 |
| 27 | William Raveis Mortgage, LLC | 877 | 643 | $180m | 11.7% | 0.1 |
| 28 | Connex Credit Union | 1,040 | 590 | $53m | 35.4% | — |
| 29 | Union Savings Bank | 870 | 589 | $208m | 19.4% | -2.6 |
| 30 | Mortgage Research Center | 1,132 | 573 | $195m | 24.7% | -0.1 |
| 31 | Norwich Commercial Group Inc | 871 | 567 | $113m | 15.4% | 0.1 |
| 32 | Nationstar Mortgage | 829 | 537 | $101m | 18.5% | 1.7 |
| 33 | Guaranteed Rate Affinity, LLC | 746 | 508 | $206m | 9.1% | 0.2 |
| 34 | Discover Bank | 3,109 | 507 | $46m | 73.8% | 2.3 |
| 35 | Pennymac Loan Services LLC | 929 | 485 | $147m | 20.3% | 0.5 |
| 36 | New American Funding, LLC. | 1,347 | 451 | $118m | 29.7% | 0.6 |
| 37 | Homestead Funding Corp. | 548 | 449 | $116m | 5.0% | 0.0 |
| 38 | Chelsea Groton Bank | 620 | 440 | $145m | 8.5% | 0.0 |
| 39 | Plaza Home Mortgage, Inc | 634 | 433 | $128m | 22.2% | 0.4 |
| 40 | Figure Lending LLC | 943 | 415 | $31m | 29.3% | 4.0 |
| 41 | Nutmeg State FCU | 865 | 412 | $46m | 48.1% | — |
| 42 | T2 Financial LLC | 501 | 398 | $133m | 4.8% | 0.5 |
| 43 | Freedom Mortgage Corporation | 1,090 | 394 | $124m | 25.0% | 0.6 |
| 44 | RCN Capital, LLC | 547 | 388 | $118m | 12.8% | — |
| 45 | Spring Eq, LLC | 1,254 | 375 | $35m | 63.3% | 3.6 |
| 46 | CSE Credit Union, Inc. | 575 | 360 | $28m | 27.1% | -0.2 |
| 47 | Primelending | 474 | 359 | $125m | 4.8% | 0.4 |
| 48 | American Neighborhood Mortgage Acceptance Company | 476 | 350 | $100m | 5.9% | 0.4 |
| 49 | Wells Fargo Bank NA | 739 | 336 | $303m | 34.6% | 0.0 |
| 50 | Loan Funder LLC | 606 | 312 | $132m | 12.1% | — |
| 51 | The Guilford Savings Bank | 404 | 301 | $74m | 10.9% | — |
| 52 | Members Mortgage Company Inc | 471 | 294 | $97m | 13.6% | -0.3 |
| 53 | Keybank National Association | 639 | 288 | $56m | 43.8% | 2.8 |
| 54 | Carrington Mortgage Services L | 928 | 272 | $60m | 54.4% | 1.3 |
| 55 | Paramount Residential Mortgage | 375 | 270 | $98m | 4.3% | 0.5 |
| 56 | Mutual of Omaha Mortgage | 499 | 260 | $82m | 34.3% | 0.4 |
| 57 | Kind Lending, LLC | 357 | 255 | $92m | 20.9% | 0.5 |
| 58 | Ion Bank | 354 | 248 | $75m | 21.4% | — |
| 59 | Torrington Savings Bank | 388 | 244 | $53m | 20.4% | -0.2 |
| 60 | Citibank, NA | 518 | 232 | $240m | 29.4% | -0.1 |
Top 60 of 269 lenders with at least 25 applications in the state, by originations. 157 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | Connecticut | United States |
|---|---|---|
| Denial rate | 23.7% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.8% | 15.6% |
| Average originated loan | $325k | $329k |
| Originations per 1,000 households | 46.6 | 48.0 |
| Home purchase share of originations | 52.6% | 57.0% |
| FHA-insured share | 9.1% | 13.4% |
| VA-guaranteed share | 3.5% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
ConnecticutUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 123,709 | 72,648 | $20bn | 26.2% | 14.0% | 3.7% | 29.4% |
| 2019 | 138,813 | 82,930 | $24bn | 23.5% | 14.4% | 4.3% | 37.6% |
| 2020 | 211,349 | 132,845 | $42bn | 17.1% | 11.6% | 5.0% | 55.6% |
| 2021 | 240,785 | 154,484 | $51bn | 16.1% | 11.0% | 4.1% | 56.7% |
| 2022 | 148,484 | 89,356 | $32bn | 21.9% | 10.7% | 3.1% | 31.3% |
| 2023 | 105,543 | 63,000 | $20bn | 23.7% | 10.2% | 2.6% | 19.3% |
| 2024 | 112,090 | 66,855 | $22bn | 23.7% | 9.1% | 3.5% | 23.6% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 53% (35,150)Home improvement 12% (8,122)Refinancing 11% (7,552)Cash-out refinancing 12% (8,249)Other purpose 12% (7,779)
By type
Conventional 87% (58,265)FHA 9% (6,091)VA 3% (2,322)USDA 0% (177)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| Capitol Planning Region | 30,134 | 18,516 | 47.3 | 22.5% | 0.3 | 143 |
| Western Connecticut Planning Region | 17,095 | 10,013 | 42.5 | 23.5% | 0.2 | 92 |
| South Central Connecticut Planning Region | 16,561 | 9,569 | 41.5 | 25.4% | 0.4 | 97 |
| Naugatuck Valley Planning Region | 14,756 | 8,801 | 48.9 | 24.5% | 0.4 | 93 |
| Southeastern Connecticut Planning Region | 9,357 | 5,690 | 49.2 | 22.3% | 0.2 | 68 |
| Greater Bridgeport Planning Region | 9,239 | 5,035 | 42.1 | 29.1% | 0.4 | 66 |
| Lower Connecticut River Valley Planning Region | 6,205 | 3,904 | 52.7 | 20.8% | 0.3 | 56 |
| Northwest Hills Planning Region | 3,813 | 2,360 | 49.3 | 22.0% | 0.2 | 36 |
| Northeastern Connecticut Planning Region | 3,832 | 2,293 | 58.2 | 22.9% | 0.4 | 40 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Connecticut originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in Connecticut?
By 2024 originations: Rocket Mortgage (3,526), Total Mortgage Services, LLC (3,091), United Wholesale Mortgage (2,711), CBNA Year to Date (2,430), Liberty Bank (2,390). 269 lenders had at least 25 applications in the state.
What is the mortgage denial rate in Connecticut?
23.7% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in Connecticut changed since 2018?
Originations went from 72,648 in 2018 to 66,855 in 2024; the denial rate moved from 26.2% to 23.7%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.