# Newtown Savings Bank

> **Canonical URL:** https://saferate.com/lenders/newtown-savings-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Newtown Savings Bank is a bank, headquartered in Newtown, CT, with 524 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 21% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300YFPHIE78XPP635
- **Headquarters:** Newtown, CT
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CT
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 89.6%
- **Brokered/Wholesale:** 10.4%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 79/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.207%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,791
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 524
- **Dollar Volume:** $236 million
- **Applications Received:** 730
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $451,011
- **Average Borrower Income:** $199,447
- **Average Property Value:** $640,134

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (78%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 69/100 | 467 | -0.216% | $1,731 | Strong 😀 |
| Jumbo | 75/100 | 51 | -0.142% | $2,389 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 406 loans, Score: 68/100 (Strong)
- Refinance: 61 loans, Score: 62/100 (Strong)

**Jumbo:**
- Purchase: 44 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 67/100 | 456 | $207M | -0.204% | Strong 😀 |
| Refinance | 61/100 | 68 | $30M | -0.224% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CT | 524 | 1.52% | 88/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Bridgeport | CT | 314 | 99/100 |
| Waterbury | CT | 94 | 82/100 |
| Hartford | CT | 50 | 64/100 |
| New Haven, CT | CT | 49 | 69/100 |
| Non |  | 16 | 25/100 |

## Where This Lender Ranks

Newtown Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Waterbury for Conventional Loans
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Waterbury for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Bridgeport
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders)
- 🥈 **#2** in Bridgeport Banks
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks)
- 🥈 **#2** in Bridgeport for Conventional Loans
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Bridgeport for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Waterbury
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders)
- 🥈 **#2** in Waterbury Banks
  - [View Full Rankings](https://saferate.com/waterbury/best-mortgage-lenders/banks)
- 🥉 **#3** in Connecticut for Conventional Loans
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Connecticut for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks/conventional-loans)
- 🥉 **#3** in New Haven, CT Banks
  - [View Full Rankings](https://saferate.com/new-haven-ct/best-mortgage-lenders/banks)
- 🥉 **#3** in New Haven, CT for Conventional Loans
  - [View Full Rankings](https://saferate.com/new-haven-ct/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in New Haven, CT for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-haven-ct/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#4** in Hartford for Jumbo Loans
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/jumbo-loans)
- 🏆 **#4** in Hartford for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#5** in Connecticut
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders)
- 🏆 **#5** in Connecticut Banks
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks)
- 🏆 **#5** in Connecticut for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#6** in Hartford for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in New Haven, CT
  - [View Full Rankings](https://saferate.com/new-haven-ct/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does Newtown Savings Bank offer?

Newtown Savings Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Newtown Savings Bank offer mortgages?

Newtown Savings Bank offers mortgages in 1 states: CT.

### How competitive are Newtown Savings Bank's mortgage rates?

Newtown Savings Bank has a pricing score of 79/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.207% below market average.

### What type of lender is Newtown Savings Bank?

Newtown Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Newtown, CT.

### What is Newtown Savings Bank's loan approval success rate?

Newtown Savings Bank has a pull-through score of 66/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/newtown-savings-bank

### How to Cite

> "Newtown Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/newtown-savings-bank

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