Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Northwest Hills Planning Region, Connecticut
Every institution that decided a 1–4 unit mortgage application in Northwest Hills Planning Region, home to Torrington, between 2023 and 2025: 5,599 applications, 4,381 loans actually funded, across 8 kinds of borrowing.
Northwest Hills Planning Region at a glance
5,599Applications decided
2023–2025
4,381Loans funded
78% of decisions
37Census tracts
22 ZIP codes
112,848People
ACS 2023
What the data shows
The typical purchase mortgage here is $285K.
Cash-out refinance is the hardest money to get here: lenders approved 66% of 872 applications.
Lending by loan type in Northwest Hills Planning Region
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.7% | 2,534 | $285K | 98% | 209 |
| Home improvement loans | 67.7% | 837 | $75K | 95% | 73 |
| Cash-out refinance | 66.1% | 872 | $175K | 96% | 116 |
| Refinance | 77.8% | 787 | $165K | 94% | 112 |
| Investment property purchase | 90.0% | 339 | $275K | 99% | 112 |
| Investment cash-out refinance | 73.0% | 111 | $235K | 91% | 51 |
| Investment refinance | 67.9% | 53 | $285K | 97% | 30 |
| Investment home improvement | 66.7% | 66 | $125K | 93% | 29 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.