Bank Rhode Island in Massachusetts vs the state
14.8%Denial rate-1.40 pts vs state
19.1%Decision denial rate-0.90 pts vs state
63.0%Origination rate+0.36 pts vs state
7.25%Median rate+0.63 pts vs state
-0.04Rate spread (pts)-0.13 pts vs state
$176kMedian applicant income
17Loans originated
4Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 31 | 22 | 19.4% | 7.44% | #353 |
| 2024 | 44 | 32 | 13.6% | 7.25% | #330 |
| 2025 | 27 | 17 | 14.8% | 7.25% | #388 |
What Bank Rhode Island lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Bank Rhode Island applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bristol County | 17 | 10 | 3 | 17.6% |
| Worcester County | 4 | 2 | 1 | 25.0% |
| Norfolk County | 2 | 1 | 0 | 0.0% |
| Suffolk County | 2 | 2 | 0 | 0.0% |
| Essex County | 1 | 1 | 0 | 0.0% |
| Barnstable County | 1 | 1 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 27 applications in 2025, of which 17 were originated and 4 denied.
14.8% of all applications, or 19.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Bank Rhode Island originated in Massachusetts in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Bank Rhode Island's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology