Safe Rate Rankings

Best FHA 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.
Total Lenders16
Total Loans33,739
Median Rate Spread0.33%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Liberty BankBank
Exceptional
Exceptional
Strong
Exceptional
$18Credit
0.152%Below
682
2
Thomaston Savings BankBank
Exceptional
Exceptional
Sound
Strong
Exceptional
$1,059Fees
0.034%Above
230
3
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$721Credit
0.123%Below
817
4
Manufacturers and Traders Trust CompanyBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,426Fees
0.028%Above
385
5
KeyBank National AssociationBank
Exceptional
Exceptional
Strong
Sound
Strong
$1,403Fees
0.016%Below
115
6
Newtown Savings BankBank
Exceptional
Strong
Strong
Exceptional
$1,791Fees
0.207%Below
524
7
Citizens Bank, National AssociationBank
Strong
Strong
Strong
Sound
Strong
$1,317Fees
0.021%Above
365
8
First Federal BankBank
Strong
Strong
Strong
Strong
Sound
$1,483Fees
0.364%Above
75
9
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Exceptional
$2,456Fees
0.139%Above
736
10
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Sound
$3,729Fees
0.229%Above
76
11
Evolve Bank & TrustBank
Strong
Sound
Strong
Strong
Strong
$2,449Fees
0.369%Above
72
12
Wells Fargo Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$2,214Fees
0.027%Above
306
13
Magnolia Bank, IncorporatedBank
Strong
Sound
Strong
Strong
Sound
$4,844Fees
0.576%Above
76
14
Bank of America, National AssociationBank
Strong
Acceptable
Strong
Sound
Strong
$1,480Fees
0.242%Below
461
15
Ixonia BankBank
Strong
Mediocre
Exceptional
Strong
Strong
$3,726Fees
0.630%Above
128
16
The Federal Savings BankBank
Strong
Acceptable
Exceptional
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)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
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.