Bluestone Bank · Rhode Island · 2025

Bluestone Bank in Rhode Island: approval rate, denial rate and rates (2025)

Bluestone Bank took 15 mortgage applications in Rhode Island in 2025, ranking #165 of 453 lenders active in the state. It originated 73.3% of them and denied 20.0% (21.4% of the applications it decided), against a statewide denial rate of 18.7%.

15Applicationsin RI
21.4%Decision denial ratestate 23.2%
Median ratestate 6.75%
$525,000Median loanstate $255,000
$8.2MVolume4 counties

Bluestone Bank in Rhode Island vs the state

20.0%Denial rate+1.30 pts vs state
21.4%Decision denial rate-1.74 pts vs state
73.3%Origination rate+13.58 pts vs state
Median rate
Rate spread (pts)
$102kMedian applicant income
11Loans originated
3Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023261715.4%6.57%#115
202417135.9%7.05%#143
2025151120.0%#165

What Bluestone Bank lends in Rhode Island

By loan purpose

Home purchase 10 67% · 10.0% denied
Refinance 5 33% · 40.0% denied

By loan type

Conventional 15 100% · 20.0% denied

Where in Rhode Island

Counties with the most Bluestone Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 1293 25.0%
Bristol County 100 0.0%
Kent County 110 0.0%
Newport County 110 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: 15 applications in 2025, of which 11 were originated and 3 denied.

20.0% of all applications, or 21.4% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bluestone Bank'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