Brookline Bank · Rhode Island · 2025

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

Brookline Bank took 192 mortgage applications in Rhode Island in 2025, ranking #52 of 453 lenders active in the state. It originated 66.2% of them and denied 16.2% (19.4% of the applications it decided), against a statewide denial rate of 18.7%.

192Applicationsin RI
19.4%Decision denial ratestate 23.2%
6.75%Median ratestate 6.75%
$205,000Median loanstate $255,000
$72MVolume5 counties

Brookline Bank in Rhode Island vs the state

16.2%Denial rate-2.55 pts vs state
19.4%Decision denial rate-3.79 pts vs state
66.2%Origination rate+6.40 pts vs state
6.75%Median rate0.00 pts vs state
-0.21Rate spread (pts)-0.40 pts vs state
$137kMedian applicant income
127Loans originated
31Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246333.3%8.25%#219
202519212716.2%6.75%#52

What Brookline Bank lends in Rhode Island

By loan purpose

Home purchase 42 22% · 19.1% denied
Refinance 70 36% · 11.4% denied
Home improvement 54 28% · 14.8% denied
Other / HELOC 26 14% · 26.9% denied

By loan type

Conventional 192 100% · 16.2% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 16 52%
Credit history 10 32%
Collateral 3 10%
Incomplete application 2 6%

Where in Rhode Island

Counties with the most Brookline Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 986016 16.3%
Kent County 38315 13.2%
Washington County 37264 10.8%
Newport County 1686 37.5%
Bristol County 320 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: 192 applications in 2025, of which 127 were originated and 31 denied.

16.2% of all applications, or 19.4% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Brookline Bank originated in Rhode Island in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Brookline 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