Centreville Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
33rd14.0% deniedPricingmedian rate spread over APOR, weight 30%
80th0.02 ptsProcesswithdrawn + incomplete share, weight 15%
68th7.8%Closing coststotal loan costs ÷ loan amount, weight 10%
53rd1.85% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 878 | 680 | 11.5% | 12.8% | 5.75% | $284M |
| 2024 | 789 | 560 | 15.7% | 17.3% | 7.13% | $185M |
| 2025 | 757 | 576 | 13.0% | 14.0% | 6.49% | $244M |
What Centreville Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 283 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 128 investment properties.
Why Centreville Bank denies applications
Primary reason reported for each of the 98 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Centreville Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 36 | 19 | 42.4% |
| $50k – $100k | 188 | 132 | 19.8% |
| $100k – $150k | 153 | 116 | 11.2% |
| $150k – $250k | 199 | 155 | 12.2% |
| Over $250k | 140 | 118 | 6.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 138 | 109 | 11.7% |
| 35–44 | 183 | 138 | 14.9% |
| 45–54 | 141 | 104 | 19.2% |
| 55–64 | 144 | 105 | 13.4% |
| 65–74 | 86 | 68 | 12.5% |
| Over 74 | 27 | 19 | 17.4% |
Where Centreville Bank lends
3 states and 18 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Rhode Island | 542 | 409 | 12.9% | 6.49% | #21 |
| Connecticut | 158 | 116 | 16.5% | 6.49% | #126 |
| Massachusetts | 57 | 51 | 3.5% | 6.49% | #309 |
Frequently asked questions
Centreville Bank denied 14.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 33rd percentile of small mortgage lenders.
The most common reason Centreville Bank gave in 2025 was "debt-to-income ratio", cited on 46.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Centreville Bank originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.02 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 47% of its applications were for home purchases, 22% for refinancing (including cash-out), and 32% for home improvement or other purposes. By loan type: 98% conventional, 2% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.