Nutmeg State Financial mortgage approval rate & lending review
Nutmeg State Financial decided 1,185 mortgage applications and funded 650 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Nutmeg State Financial reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Nutmeg State Financial at a glance
Approval is 8.8 points below the 66.7% 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 | 46% | 52 / 112 | 81% | $115K | 42 |
| Home improvement loans | 56% | 402 / 718 | 96% | $65K | 385 |
| Cash-out refinance | 70% | 193 / 275 | 97% | $105K | 187 |
| Investment home improvement | 28% | 9 / 32 | 89% | $35K | 8 |
Nutmeg State Financial lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Connecticut | 58% | $65K | 1,178 | 650 |
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 Nutmeg State Financial lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Capitol Planning Region, CT | Home improvement loans | 58% | 372 | 208 |
| South Central Connecticut Planning Region, CT | Home improvement loans | 63% | 84 | 51 |
| Naugatuck Valley Planning Region, CT | Home improvement loans | 49% | 106 | 50 |
| Lower Connecticut River Valley Planning Region, CT | Home improvement loans | 58% | 48 | 26 |
| South Central Connecticut Planning Region, CT | Cash-out refinance | 69% | 32 | 22 |
| Lower Connecticut River Valley Planning Region, CT | Cash-out refinance | 78% | 27 | 21 |
| Naugatuck Valley Planning Region, CT | Cash-out refinance | 71% | 28 | 20 |
| Western Connecticut Planning Region, CT | Home improvement loans | 55% | 29 | 16 |
| Greater Bridgeport Planning Region, CT | Home improvement loans | 39% | 41 | 14 |
| Northwest Hills Planning Region, CT | Home improvement loans | 65% | 20 | 13 |
The county markets where Nutmeg State Financial made the most loans. Each link opens that market with every lender ranked.
Questions about Nutmeg State Financial
What is Nutmeg State Financial's mortgage approval rate?
Nutmeg State Financial approved 58.0% of the 1,185 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.8 points below the 66.7% national rate for the same mix of loan types.
How often do borrowers take the loan Nutmeg State Financial offers?
Borrowers accepted 95% of the loans Nutmeg State Financial 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 Nutmeg State Financial make?
The typical home improvement loan loan Nutmeg State Financial made was $65K; across all loan types its typical loan ran from $35K to $115K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Nutmeg State Financial lend?
Nutmeg State Financial decided applications in 4 of the states Fat Boy Data covers, most of them in Connecticut, Massachusetts and New Jersey.
Can I apply to Nutmeg State Financial directly?
Yes. Nutmeg State Financial is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Nutmeg State Financial'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 Nutmeg State Financial treats applications, then get a rate quote from the lender.