New London, Connecticut mortgage lenders include Chelsea Groton BankChelsea Groton Bank1 Montauk Ave, New London, CT 06320A+5.0 ★Texas Ratio: 2.28%, Dime BankDime Bank668 Bank St, New London, CT 06320A+5.0 ★Texas Ratio: 1.37%, Citizens Bank, NACitizens Bank, NA470 Bank St, New London, CT 06320A+5.0 ★Texas Ratio: 5.44%, Bank of America NABank of America NA260 S Frontage Rd, New London, CT 06320A+5.0 ★Texas Ratio: 4.14%, Charter Oak Federal Credit UnionCharter Oak Federal Credit Union50 Pequot Ave, New London, CT 06320A+5.0 ★Texas Ratio: 1.98%, Liberty BankLiberty Bank27 Dale Rd, Avon, CT 06001A+5.0 ★Texas Ratio: 1.90%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA205 W Main St, Avon, CT 06001A+5.0 ★Texas Ratio: 3.68%, Ascend BankAscend Bank61 N Main St, Branford, CT 06405A+5.0 ★Texas Ratio: 3.87%, M&T BankM&T Bank100 Division St, Ansonia, CT 06401A+5.0 ★Texas Ratio: 4.11%, and Centreville BankCentreville Bank125 Wauregan Rd, Danielson, CT 06239A5.0 ★Texas Ratio: 10.15%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in New London, Connecticut in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in New London are listed first, then lenders elsewhere in Connecticut, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Market share is the lender's share of all home loans closed in New London, Connecticut. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
|---|---|---|---|---|---|---|
|
1 office in New London 1 Montauk Ave, New London, CT 06320 A+5.0 ★Texas Ratio: 2.28% |
Conventional | 11 | 4% | 75% | $124,090 | View |
|
2 offices in New London 668 Bank St, New London, CT 06320 A+5.0 ★Texas Ratio: 1.37% |
Conventional, Jumbo | 5 | 1.8% | 83.3% | $377,000 | View |
|
1 office in New London 470 Bank St, New London, CT 06320 A+5.0 ★Texas Ratio: 5.44% |
Conventional, HELOC | 2 +40 HELOCs |
0.7% | 100% | $120,000 | View |
|
1 office in New London 260 S Frontage Rd, New London, CT 06320 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $105,000 | View |
|
50 Pequot Ave, New London, CT 06320 A+5.0 ★Texas Ratio: 1.98% |
Conventional, HELOC | 11 +16 HELOCs |
4% | 78.6% | $116,818 | View |
|
★ 5 stars, 2 reviews 27 Dale Rd, Avon, CT 06001 A+5.0 ★Texas Ratio: 1.90% |
Conventional, HELOC | 7 +4 HELOCs |
2.6% | 87.5% | $175,000 | View |
|
205 W Main St, Avon, CT 06001 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 3 | 1.1% | 75% | $235,000 | View |
|
61 N Main St, Branford, CT 06405 A+5.0 ★Texas Ratio: 3.87% |
Conventional, Jumbo | 2 | 0.7% | 100% | $460,000 | View |
|
100 Division St, Ansonia, CT 06401 A+5.0 ★Texas Ratio: 4.11% |
Conventional, HELOC | 1 +2 HELOCs |
0.4% | 100% | $335,000 | View |
|
125 Wauregan Rd, Danielson, CT 06239 A5.0 ★Texas Ratio: 10.15% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $195,000 | |
|
232 W Main St, Avon, CT 06001 A+5.0 ★Texas Ratio: 4.81% |
Conventional | 1 | 0.4% | 100% | $65,000 | View |
|
350 Salem Tpke, Bozrah, CT 06334 1518 A+5.0 ★Texas Ratio: 2.59% |
Conventional | 1 | 0.4% | 9.1% | $65,000 | View |
|
211 Main St, Ansonia, CT 06401 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.4% | 100% | $125,000 | View |
Scient Federal Credit Union
243 Bank St, New London, CT 06320 6042 |
Conventional | 1 | 0.4% | 25% | $75,000 | |
|
40 Grassy Plain St, Bethel, CT 06801 A5.0 ★Texas Ratio: 8.25% |
Conventional | 1 | 0.4% | 100% | $555,000 | View |
Beacon Bank & Trust
536 Providence Rd, Brooklyn, CT 06234 |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
|
14 Clara Dr, Mystic, CT 06355 A5.0 ★Texas Ratio: 7.00% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
|
255 W Main St, Avon, CT 06001 A+5.0 ★Texas Ratio: 3.71% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Total Mortgage Services, LLC
|
Conventional, FHA, VA | 16 | 5.8% | 94.1% | $216,250 | |
First World Mortgage Corporaton
|
Conventional, FHA | 6 | 2.2% | 100% | $135,000 | |
Norwich Commercial Group Inc
|
Conventional, FHA | 4 | 1.5% | 100% | $157,500 | |
Prysma Lending Group, LLC
|
Conventional | 2 | 0.7% | 100% | $235,000 | |
William Raveis Mortgage, LLC
|
Conventional | 2 | 0.7% | 100% | $160,000 | |
America'S First Network Credit
|
Conventional | 2 | 0.7% | 100% | $140,000 | |
CSE Credit Union, Inc.
|
Conventional | 1 | 0.4% | 100% | $25,000 | |
Crosspoint Federal Credit Unio
|
Conventional | 1 | 0.4% | 100% | $55,000 | |
Homestead Funding Corp.
|
Conventional, FHA, VA | 37 | 13.5% | 97.4% | $230,675 | |
Rocket Mortgage
|
Conventional, FHA, VA | 26 | 9.5% | 93.1% | $211,153 | |
United Wholesale Mortgage
|
Conventional, FHA, VA | 13 | 4.7% | 81.2% | $291,153 | |
Movement Mortgage, LLC
|
Conventional, FHA | 8 | 2.9% | 100% | $197,500 | |
Pennymac Loan Services LLC
|
Conventional, VA | 8 | 2.9% | 100% | $235,000 | |
Mortgage Research Center
|
VA | 8 | 2.9% | 100% | $288,750 | |
loanDepot.com LLC
|
Conventional, FHA, VA | 7 | 2.6% | 87.5% | $239,285 | |
|
A5.0 ★Texas Ratio: 8.14% |
Conventional, VA, HELOC | 6 +2 HELOCs |
2.2% | 50% | $256,666 | |
Primelending
|
Conventional | 6 | 2.2% | 100% | $226,666 | |
Nationstar Mortgage
|
Conventional, FHA | 5 | 1.8% | 71.4% | $113,000 | |
Calcon Mutual Mortgage LLC
|
Conventional, VA | 4 | 1.5% | 100% | $340,000 | |
Cmg Mortgage Inc
|
Conventional | 3 | 1.1% | 100% | $275,000 | |
Nfm, Inc
|
Conventional, FHA | 3 | 1.1% | 50% | $265,000 | |
Prosperity Home Mortgage, LLC
|
Conventional | 3 | 1.1% | 100% | $208,333 | |
American Financial Resources LLC
|
Conventional, FHA | 2 | 0.7% | 100% | $340,000 | |
Guaranteed Rate, Inc.
|
FHA, VA | 2 | 0.7% | 100% | $315,000 | |
Freedom Mortgage Corporation
|
Conventional | 2 | 0.7% | 100% | $295,000 | |
Newrez LLC
|
Conventional | 2 | 0.7% | 33.3% | $65,000 | |
Equity Prime Mortgage LLC
|
FHA | 2 | 0.7% | 100% | $365,000 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA | 2 | 0.7% | 100% | $235,000 | |
Zillow Home Loans, LLC
|
Conventional | 2 | 0.7% | 100% | $280,000 | |
Plaza Home Mortgage, Inc
|
Conventional | 2 | 0.7% | 66.7% | $200,000 | |
New American Funding, LLC.
|
FHA, HELOC | 1 +1 HELOCs |
0.4% | 100% | $295,000 | |
Arc Home LLC
|
Conventional | 1 | 0.4% | 100% | $575,000 | |
|
A+5.0 ★Texas Ratio: 4.11% |
Conventional, Jumbo | 1 | 0.4% | 100% | $945,000 | View |
Habib American Bank
|
Conventional, Jumbo | 1 | 0.4% | 100% | $1,405,000 | |
Luminate Bank
|
VA | 1 | 0.4% | 100% | $305,000 | |
Affordable Mortgage Advisors
|
Conventional | 1 | 0.4% | 100% | $145,000 | |
Lakeview Loan Servicing, LLC
|
Conventional | 1 | 0.4% | 66.7% | $35,000 | |
North American Savings Bank
|
Conventional | 1 | 0.4% | 100% | $305,000 | |
Allied Mortgage Group, Inc
|
FHA | 1 | 0.4% | 100% | $275,000 | |
AmeriHome Mortgage Company, LLC
|
FHA | 1 | 0.4% | 100% | $305,000 | |
Resicentral LLC
|
VA | 1 | 0.4% | 100% | $365,000 | |
Amerisave Mortgage Company
|
Conventional | 1 | 0.4% | 50% | $225,000 | |
First Home Mortgage
|
FHA | 1 | 0.4% | 100% | $455,000 | |
Navigant Credit Union
|
Conventional | 1 | 0.4% | 100% | $245,000 | |
Nqm Funding, LLC
|
Conventional | 1 | 0.4% | 100% | $255,000 | |
Berkshire Bank
|
Conventional | 1 | 0.4% | 100% | $205,000 | |
Discover Bank
|
Conventional | 1 | 0.4% | 100% | $55,000 | |
Truity Federal Credit Union
|
Conventional | 1 | 0.4% | 100% | $805,000 | |
Ameritrust Mortgage Corporation
|
FHA | 1 | 0.4% | 100% | $395,000 | |
New Day Financial, LLC.
|
VA | 1 | 0.4% | 50% | $265,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.4% | 50% | $325,000 | View |
Intelliloan, Inc.
|
FHA | 1 | 0.4% | 100% | $325,000 | |
Mortgage Equity Partners LLC
|
Conventional | 1 | 0.4% | 100% | $175,000 | |
Interstate Home Loan Center, Inc.
|
FHA | 1 | 0.4% | 100% | $255,000 | |
Mortgage Solutions of Colorado
|
VA | 1 | 0.4% | 100% | $335,000 | |
Logan Finance Corporation
|
Conventional, Jumbo | 1 | 0.4% | 100% | $1,055,000 | |
Mutual of Omaha Mortgage
|
FHA | 1 | 0.4% | 50% | $325,000 | |
|
B-4.3 ★Texas Ratio: 23.12% |
Conventional | 1 | 0.4% | 100% | $75,000 | View |
WSFS bank
|
Conventional | 1 | 0.4% | 100% | $125,000 | |
Washington Trust Mortgage Company LLC
|
Conventional | 1 | 0.4% | 100% | $255,000 | |
Fairway Independent Mort Corp
|
Conventional | 1 | 0.4% | 33.3% | $105,000 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.4% | 66.7% | $55,000 | View |
Paramount Residential Mortgage
|
FHA | 1 | 0.4% | 100% | $475,000 | |
Carrington Mortgage Services LLC
|
VA | 1 | 0.4% | 16.7% | $275,000 | |
Westerly Community Credit Union
|
Conventional | 1 | 0.4% | 100% | $315,000 | |
Spring Eq, LLC
|
Conventional | 1 | 0.4% | 20% | $65,000 | |
Village Capital & Investment
|
VA | 1 | 0.4% | 100% | $355,000 | |
American Neighborhood Mortgage Acceptance Company
|
FHA | 1 | 0.4% | 100% | $375,000 | |
Figure Lending LLC
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
Geneva Financial LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Daily average mortgage rates for Connecticut compared with the national average, updated every evening.
Looking for mortgage lenders near me or mortgage brokers near me in New London? The list below shows the banks, credit unions and mortgage brokers that closed home loans in New London in 2025, with lenders based there listed first.
Use these to narrow the list above. Each category shows how many New London, CT lenders fit and what that kind of lender is usually best for.
Independent mortgage companies closed 71.5 percent of home loans in New London, Connecticut in 2025, banks 19 percent and credit unions 9.5 percent. Total Mortgage Services, LLC was the largest mortgage company, Chelsea Groton Bank the largest bank and Charter Oak Federal Credit Union the largest credit union. Among lenders headquartered in Connecticut, Chelsea Groton Bank led with 11 loans.
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
An attorney must handle the closing in Connecticut. State conveyance tax of 0.75 percent up to $800,000, 1.25 percent on the portion from $800,000 to $2.5 million and 2.25 percent above that, plus a municipal tax of 0.25 percent (up to 0.5 percent in some towns); no mortgage recording tax.
By home loans closed in 2025, Chelsea Groton Bank was the largest mortgage lender in New London, Connecticut with 11 loans, about 4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
24 lenders closed FHA loans in New London, Connecticut in 2025, led by Homestead Funding Corp. with 15. 17 lenders closed VA loans, led by Mortgage Research Center. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 26 banks and 10 credit unions closed home loans in New London, Connecticut in 2025, alongside 53 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in New London, Connecticut during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in New London, Connecticut for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up New London. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.