Beeline Loans · Rhode Island · 2025

Beeline Loans in Rhode Island: approval rate, denial rate and rates (2025)

Beeline Loans took 54 mortgage applications in Rhode Island in 2025, ranking #92 of 453 lenders active in the state. It originated 14.8% of them and denied 22.2% (60.0% of the applications it decided), against a statewide denial rate of 18.7%.

54Applicationsin RI
60.0%Decision denial ratestate 23.2%
7.13%Median ratestate 6.75%
$395,000Median loanstate $255,000
$3.0MVolume5 counties

Beeline Loans in Rhode Island vs the state

22.2%Denial rate+3.52 pts vs state
60.0%Decision denial rate+36.83 pts vs state
14.8%Origination rate-44.94 pts vs state
7.13%Median rate+0.38 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$108kMedian applicant income
8Loans originated
12Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322031.8%#128
202440530.0%6.63%#98
202554822.2%7.13%#92

What Beeline Loans lends in Rhode Island

By loan purpose

Home purchase 6 11% · 16.7% denied
Refinance 8 15% · 50.0% denied
Cash-out refinance 26 48% · 19.2% denied
Home improvement 14 26% · 14.3% denied

By loan type

Conventional 53 98% · 22.6% denied
VA 1 2% · 0.0% denied

Why it denied Rhode Island applicants

Collateral 6 50%
Debt-to-income ratio 3 25%
Incomplete application 2 17%
Credit history 1 8%

Where in Rhode Island

Counties with the most Beeline Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 3346 18.2%
Washington County 813 37.5%
Kent County 722 28.6%
Newport County 511 20.0%
Bristol County 100 0.0%

Other large lenders in Rhode Island

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 6,32927.8%7.40%
Navigant Credit UnionB 2,84716.1%6.50%
COASTAL1 Credit UnionB 1,93124.3%6.75%
The Washington Trust Company, of WesterlyC 1,75521.9%6.38%
Rocket MortgageC 1,43019.7%6.75%
Movement MortgageA 1,3083.6%6.63%
Bank of AmericaF 1,29839.1%6.24%
Primary Residential MortgageC 1,0568.4%6.63%
BankNewportB 1,01419.7%6.63%
CMG MortgageA 9927.6%6.63%

Frequently asked questions

Rhode Island: 54 applications in 2025, of which 8 were originated and 12 denied.

22.2% of all applications, or 60.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Beeline Loans originated in Rhode Island in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Beeline Loans'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