American Financial Network in Rhode Island vs the state
17.7%Denial rate-1.05 pts vs state
27.3%Decision denial rate+4.10 pts vs state
47.1%Origination rate-12.69 pts vs state
6.88%Median rate+0.13 pts vs state
0.24Rate spread (pts)+0.06 pts vs state
$96kMedian applicant income
16Loans originated
6Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 23 | 13.5% | 6.88% | #100 |
| 2024 | 70 | 54 | 7.1% | 6.88% | #74 |
| 2025 | 34 | 16 | 17.7% | 6.88% | #122 |
What American Financial Network lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 26 | 10 | 6 | 23.1% |
| Kent County | 4 | 4 | 0 | 0.0% |
| Newport County | 2 | 1 | 0 | 0.0% |
| Washington County | 2 | 1 | 0 | 0.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 34 applications in 2025, of which 16 were originated and 6 denied.
17.7% of all applications, or 27.3% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans American Financial Network originated in Rhode Island in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are American Financial Network's own HMDA filing for properties located in Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology