Lender profile · HMDA 2023–2025
Webster Bank, National Association mortgage approval rates & lending data
Webster Bank, National Association decided 9,300 mortgage applications and funded 6,696 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 85% | 2,629 / 3,091 | 98% | $995K | 2,567 |
| Home improvement loans | 65% | 1,568 / 2,416 | 94% | $105K | 1,472 |
| Cash-out refinance | 77% | 43 / 56 | 93% | $385K | 40 |
| Refinance | 75% | 2,262 / 3,028 | 96% | $155K | 2,165 |
| Investment property purchase | 82% | 272 / 332 | 96% | $805K | 261 |
| Investment cash-out refinance | 76% | 31 / 41 | 94% | $325K | 29 |
| Investment refinance | 58% | 89 / 153 | 89% | $335K | 79 |
| Investment home improvement | 48% | 87 / 183 | 95% | $165K | 83 |
Webster Bank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Connecticut | 74% | $135K | 3,632 | 2,589 |
| Massachusetts | 80% | $995K | 2,265 | 1,757 |
| New York | 67% | $255K | 2,014 | 1,283 |
| New Jersey | 83% | $1M | 793 | 638 |
| Rhode Island | 75% | $105K | 348 | 245 |
| Pennsylvania | 88% | $1M | 102 | 88 |
| Florida | 68% | $365K | 81 | 54 |
| New Hampshire | 67% | $945K | 27 | 18 |
| Maine | 70% | $965K | 23 | 16 |
| South Carolina | 100% | $155K | 5 | 4 |
| North Carolina | 100% | $305K | 2 | 2 |
| Wisconsin | 50% | $1.02M | 2 | 1 |
| California | 0% | — | 1 | 0 |
| Kansas | 0% | — | 1 | 0 |
| Minnesota | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.