Ascend Bank mortgage approval rate & lending review
Ascend Bank decided 311 mortgage applications and funded 258 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Ascend Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Ascend Bank at a glance
Approval is 17.4 points above the 71.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 42 / 44 | 81% | $505K | 34 |
| Home improvement loans | 87% | 137 / 157 | 96% | $205K | 132 |
| Refinance | 88% | 70 / 80 | 94% | $195K | 66 |
Ascend Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Connecticut | 88% | $205K | 307 | 254 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Ascend Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| South Central Connecticut Planning Region, CT | Home improvement loans | 87% | 99 | 83 |
| South Central Connecticut Planning Region, CT | Refinance | 90% | 52 | 46 |
| Lower Connecticut River Valley Planning Region, CT | Home improvement loans | 90% | 30 | 26 |
The county markets where Ascend Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Ascend Bank
What is Ascend Bank's mortgage approval rate?
Ascend Bank approved 88.4% of the 311 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.4 points above the 71.0% national rate for the same mix of loan types.
How often do borrowers take the loan Ascend Bank offers?
Borrowers accepted 94% of the loans Ascend Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Ascend Bank make?
The typical home improvement loan loan Ascend Bank made was $205K; across all loan types its typical loan ran from $195K to $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Ascend Bank lend?
Ascend Bank decided applications in 3 of the states Fat Boy Data covers, most of them in Connecticut, Massachusetts and Rhode Island.
Can I apply to Ascend Bank directly?
Yes. Ascend Bank is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Ascend Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Ascend Bank treats applications, then get a rate quote from the lender.