Safe Rate Rankings

Best Conventional Mortgage Bank Lenders in Connecticut

Updated February 6, 2026

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

📊 HMDA 2024Built using publicly available originated loan data from the federal government.

🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.

Market

Total Lenders28

Total Loans33,739

Median Rate Spread0.33%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Liberty BankBank	Exceptional	Exceptional	Strong	Strong	Exceptional	$18Credit	0.152%Below	682
2	Newtown Savings BankBank	Exceptional	Exceptional	Strong	Strong	Exceptional	$1,791Fees	0.207%Below	524
3	Chelsea Groton BankBank	Exceptional	Exceptional	Strong	Strong	Exceptional	$322Fees	0.019%Below	238
4	Leader Bank, National AssociationBank	Exceptional	Exceptional	Exceptional	Strong	Strong	$1,677Fees	0.072%Below	120
5	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Exceptional	$721Credit	0.123%Below	817
6	Thomaston Savings BankBank	Exceptional	Exceptional	Sound	Strong	Exceptional	$1,059Fees	0.034%Above	230
7	Citibank, National AssociationBank	Exceptional	Exceptional	Exceptional	Sound	Strong	$680Fees	0.231%Below	158
8	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,480Fees	0.242%Below	461
9	Morgan Stanley Private Bank, National AssociationBank	Exceptional	Exceptional	Strong	Sound	Strong	$369Fees	0.469%Below	139
10	KeyBank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,403Fees	0.016%Below	115
11	JPMorgan Chase Bank, National AssociationBank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,456Fees	0.139%Above	736
12	Citizens Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$1,317Fees	0.021%Above	365
13	Wells Fargo Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$2,214Fees	0.027%Above	306
14	NBKC BANKBank	Exceptional	Exceptional	Strong	Sound	Sound	$895Fees	0.151%Below	74
15	Manufacturers and Traders Trust CompanyBank	Strong	Sound	Exceptional	Strong	Strong	$1,426Fees	0.028%Above	385
16	The Torrington Savings BankBank	Strong	Exceptional	Sound	Acceptable	Strong	$271Fees	0.219%Below	129
17	Northwest Community BankBank	Strong	Exceptional	Acceptable	Sound	Strong	$618Fees	0.142%Below	98
18	Union Savings BankBank	Strong	Strong	Sound	Sound	Strong	$1,008Fees	0.262%Below	209
19	First Federal BankBank	Strong	Strong	Strong	Sound	Sound	$1,483Fees	0.364%Above	75
20	Evolve Bank & TrustBank	Strong	Sound	Strong	Strong	Strong	$2,449Fees	0.369%Above	72
21	TD Bank, National AssociationBank	Strong	Sound	Strong	Sound	Strong	$939Fees	0.240%Above	167
22	USAA Federal Savings BankBank	Strong	Sound	Strong	Acceptable	Strong	$1,997Fees	0.184%Below	101
23	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Sound	$3,729Fees	0.229%Above	76
24	Webster Bank, National AssociationBank	Strong	Sound	Sound	Acceptable	Strong	$988Fees	0.150%Above	204
25	Ixonia BankBank	Strong	Mediocre	Exceptional	Strong	Strong	$3,726Fees	0.630%Above	128
26	Magnolia Bank, IncorporatedBank	Strong	Acceptable	Strong	Strong	Sound	$4,844Fees	0.576%Above	76
27	First National Bank of AmericaBank	Sound	Mediocre	Strong	Sound	Strong	$4,430Fees	1.917%Above	146
28	The Federal Savings BankBank	Sound	Mediocre	Strong	Sound	Sound	$5,309Fees	0.567%Above	69

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.