Baycoast Mortgage Company in Rhode Island vs the state
2.9%Denial rate-15.78 pts vs state
3.6%Decision denial rate-19.59 pts vs state
78.3%Origination rate+18.53 pts vs state
6.50%Median rate-0.25 pts vs state
-0.04Rate spread (pts)-0.22 pts vs state
$188kMedian applicant income
429Loans originated
16Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 361 | 272 | 3.9% | 6.50% | #23 |
| 2024 | 461 | 376 | 1.5% | 6.63% | #24 |
| 2025 | 548 | 429 | 2.9% | 6.50% | #20 |
What Baycoast Mortgage Company lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Baycoast Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 266 | 198 | 11 | 4.1% |
| Bristol County | 94 | 74 | 2 | 2.1% |
| Newport County | 93 | 78 | 2 | 2.2% |
| Kent County | 48 | 40 | 1 | 2.1% |
| Washington County | 47 | 39 | 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: 548 applications in 2025, of which 429 were originated and 16 denied.
2.9% of all applications, or 3.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Baycoast Mortgage Company originated in Rhode Island in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Baycoast Mortgage Company'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