CMG Mortgage in Rhode Island vs the state
7.6%Denial rate-11.14 pts vs state
10.7%Decision denial rate-12.50 pts vs state
59.2%Origination rate-0.58 pts vs state
6.63%Median rate-0.13 pts vs state
0.36Rate spread (pts)+0.17 pts vs state
$109kMedian applicant income
587Loans originated
75Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 49 | 9.3% | 7.06% | #62 |
| 2024 | 811 | 525 | 6.0% | 6.88% | #11 |
| 2025 | 992 | 587 | 7.6% | 6.63% | #10 |
What CMG Mortgage lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most CMG Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 618 | 353 | 57 | 9.2% |
| Kent County | 198 | 130 | 11 | 5.6% |
| Newport County | 77 | 51 | 0 | 0.0% |
| Washington County | 64 | 37 | 5 | 7.8% |
| Bristol County | 25 | 16 | 2 | 8.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| United Shore Financial Services | B | 780 | 18.0% | 6.38% |
Frequently asked questions
Rhode Island: 992 applications in 2025, of which 587 were originated and 75 denied.
7.6% of all applications, or 10.7% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans CMG Mortgage originated in Rhode Island in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are CMG Mortgage'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