Centreville Bank · Rhode Island · 2025

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

Centreville Bank took 542 mortgage applications in Rhode Island in 2025, ranking #21 of 453 lenders active in the state. It originated 75.5% of them and denied 12.9% (14.1% of the applications it decided), against a statewide denial rate of 18.7%.

542Applicationsin RI
14.1%Decision denial ratestate 23.2%
6.49%Median ratestate 6.75%
$255,000Median loanstate $255,000
$178MVolume5 counties

Centreville Bank in Rhode Island vs the state

12.9%Denial rate-5.78 pts vs state
14.1%Decision denial rate-9.06 pts vs state
75.5%Origination rate+15.71 pts vs state
6.49%Median rate-0.26 pts vs state
-0.01Rate spread (pts)-0.19 pts vs state
$146kMedian applicant income
409Loans originated
70Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
202364450810.1%5.75%#10
202455739714.7%7.00%#16
202554240912.9%6.49%#21

What Centreville Bank lends in Rhode Island

By loan purpose

Home purchase 256 47% · 9.0% denied
Refinance 35 6% · 2.9% denied
Cash-out refinance 82 15% · 13.4% denied
Home improvement 124 23% · 16.9% denied
Other / HELOC 45 8% · 31.1% denied

By loan type

Conventional 531 98% · 12.1% denied
FHA 11 2% · 54.6% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 35 50%
Other 18 26%
Credit history 9 13%
Collateral 6 9%
Incomplete application 1 1%
Unverifiable information 1 1%

Where in Rhode Island

Counties with the most Centreville Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 20814632 15.4%
Kent County 17313523 13.3%
Washington County 907110 11.1%
Bristol County 42343 7.1%
Newport County 29232 6.9%

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: 542 applications in 2025, of which 409 were originated and 70 denied.

12.9% of all applications, or 14.1% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Centreville Bank originated in Rhode Island in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Centreville 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