Lower Connecticut River Valley Planning Region, CT Mortgage Lenders & HMDA Data, 2024
In 2024, lenders reported 6,732 mortgage applications in Lower Connecticut River Valley Planning Region, CT totaling $1.7 billion. The average application was for $255,000, and applicants reported an average income of $157,000. 58% of applications resulted in an originated loan and 16% were denied. The most active lender was Liberty Bank, with 695 applications, followed by Citizens Bank, NA and United Wholesale Mortgage.
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Connecticut.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| Years | 2025 2024 |
| Total Number of Mortgage Applications | 6,732 |
| Total Mortgage Loan Application Amount | $1,722,970,000 |
| Average Mortgage Loan Application Amount | $255,000 |
| Highest Mortgage Loan Application Amount | $8,775,000 |
| Average Applicant Income | $157,000 |
| Highest Applicant Income | $4,811,000 |
Top Mortgage Lenders in Lower Connecticut River Valley Planning Region, CT (2024)
Ranked by the number of mortgage applications each lender reported in Lower Connecticut River Valley Planning Region, CT in 2024.
| # | Mortgage Lender | Mortgage Applications | Total Dollar Amount | Average Loan Amount | Average Applicant Income |
|---|---|---|---|---|---|
| 1 | Liberty Bank Middletown, CT |
695 | $135,385,000 | $194,000 | $163,000 |
| 2 | Citizens Bank, NA Providence, RI |
433 | $83,695,000 | $193,000 | $140,000 |
| 3 | United Wholesale Mortgage Plymouth, MI |
226 | $72,250,000 | $319,000 | $140,000 |
| 4 | Total Mortgage Services, LLC Milford, CT |
215 | $56,155,000 | $261,000 | $122,000 |
| 5 | Bank of America NA Westlake Village, CA |
201 | $36,735,000 | $182,000 | $189,000 |
| 6 | Discover Bank Greenwood, DE |
188 | $16,520,000 | $87,000 | $144,000 |
| 7 | Newrez LLC Fort Washington, PA |
132 | $39,430,000 | $298,000 | $141,000 |
| 8 | American Eagle FCU East Hartford, CT |
131 | $17,885,000 | $136,000 | $165,000 |
| 9 | PennyMac Loan Services LLC Westlake Village, CA |
128 | $39,060,000 | $305,000 | $121,000 |
| 10 | Webster Bank, N.A. Stamford, CT |
127 | $35,325,000 | $278,000 | $257,000 |
See every lender active in Lower Connecticut River Valley Planning Region, CT in 2024 »
The tables below break down 2024 mortgage applications in Lower Connecticut River Valley Planning Region, CT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Lower Connecticut River Valley Planning Region, CT in 2024
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 2,866 | $1,001,490,000 | $349,000 | $6,005,000 | $163,000 | $3,325,000 |
| Other Purpose | 1,065 | $129,805,000 | $121,000 | $2,505,000 | $148,000 | $2,451,000 |
| Home Improvement | 1,011 | $121,905,000 | $120,000 | $1,005,000 | $157,000 | $1,692,000 |
| Cash-out Refinancing | 952 | $249,340,000 | $261,000 | $6,935,000 | $137,000 | $4,811,000 |
| Refinancing | 823 | $217,835,000 | $264,000 | $8,775,000 | $172,000 | $4,708,000 |
| Not Applicable | 15 | $2,595,000 | $173,000 | $325,000 | $69,000 | $69,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 4,569 | $1,102,095,000 | $241,000 | $3,005,000 | $156,000 | $4,811,000 |
| Not Provided | 834 | $213,240,000 | $255,000 | $2,405,000 | $174,000 | $4,708,000 |
| Not applicable | 527 | $231,985,000 | $440,000 | $8,775,000 | $188,000 | $792,000 |
| Hispanic | 394 | $84,070,000 | $213,000 | $2,125,000 | $140,000 | $2,925,000 |
| Black or African American | 225 | $47,465,000 | $210,000 | $645,000 | $128,000 | $981,000 |
| Asian | 153 | $37,875,000 | $247,000 | $725,000 | $161,000 | $3,325,000 |
| American Indian or Alaskan Native | 26 | $4,940,000 | $190,000 | $565,000 | $141,000 | $332,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $945,000 | $315,000 | $515,000 | $237,000 | $293,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 5,825 | $1,425,115,000 | $244,000 | $6,935,000 | $163,000 | $4,811,000 |
| FHA-insured (Federal Housing Administration) | 576 | $173,510,000 | $301,000 | $8,775,000 | $101,000 | $350,000 |
| VA-guaranteed (Veterans Administration) | 315 | $121,215,000 | $384,000 | $885,000 | $127,000 | $462,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 16 | $3,130,000 | $195,000 | $435,000 | $91,000 | $150,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 3,904 | $1,018,960,000 | $261,000 | $8,775,000 | $162,000 | $2,777,000 |
| Application Denied By Financial Institution | 1,062 | $188,110,000 | $177,000 | $1,475,000 | $129,000 | $3,325,000 |
| Application Withdrawn By Applicant | 750 | $220,370,000 | $293,000 | $3,675,000 | $170,000 | $4,811,000 |
| Loan Purchased By The Institution | 509 | $179,235,000 | $352,000 | $1,355,000 | $192,000 | $868,000 |
| File Closed For Incompleteness | 337 | $74,325,000 | $220,000 | $2,405,000 | $157,000 | $4,708,000 |
| Application Approved But Not Accepted | 152 | $36,480,000 | $240,000 | $1,005,000 | $148,000 | $1,044,000 |
| Preapproval Approved but not Accepted | 16 | $4,860,000 | $303,000 | $605,000 | $91,000 | $366,000 |
| Preapproval Denied by Financial Institution | 2 | $630,000 | $315,000 | $435,000 | $87,000 | $119,000 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 5,360 | $1,454,620,000 | $271,000 | $6,935,000 | $162,000 | $4,811,000 |
| Debt-To-Income Ratio | 718 | $153,710,000 | $214,000 | $8,775,000 | $126,000 | $2,780,000 |
| Credit History | 230 | $28,790,000 | $125,000 | $805,000 | $131,000 | $739,000 |
| Collateral | 187 | $34,425,000 | $184,000 | $1,285,000 | $145,000 | $2,451,000 |
| Credit Application Incomplete | 126 | $23,020,000 | $182,000 | $695,000 | $142,000 | $550,000 |
| Other | 67 | $17,345,000 | $258,000 | $1,385,000 | $274,000 | $3,325,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 21 | $5,785,000 | $275,000 | $725,000 | $107,000 | $240,000 |
| Unverifiable Information | 18 | $3,450,000 | $191,000 | $505,000 | $96,000 | $198,000 |
| Employment History | 5 | $1,825,000 | $365,000 | $645,000 | $242,000 | $970,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About