Colorado Federal Savings Bank · Rhode Island · 2025

Colorado Federal Savings Bank in Rhode Island: approval rate, denial rate and rates (2025)

Colorado Federal Savings Bank took 52 mortgage applications in Rhode Island in 2025, ranking #94 of 453 lenders active in the state. It originated 80.8% of them and denied 3.9% (4.6% of the applications it decided), against a statewide denial rate of 18.7%.

52Applicationsin RI
4.6%Decision denial ratestate 23.2%
6.38%Median ratestate 6.75%
$390,000Median loanstate $255,000
$17MVolume5 counties

Colorado Federal Savings Bank in Rhode Island vs the state

3.9%Denial rate-14.85 pts vs state
4.6%Decision denial rate-18.62 pts vs state
80.8%Origination rate+21.02 pts vs state
6.38%Median rate-0.38 pts vs state
0.00Rate spread (pts)-0.19 pts vs state
$125kMedian applicant income
42Loans originated
2Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338240.0%6.88%#99
202432246.3%6.69%#107
202552423.9%6.38%#94

What Colorado Federal Savings Bank lends in Rhode Island

By loan purpose

Home purchase 44 85% · 4.6% denied
Refinance 8 15% · 0.0% denied

By loan type

Conventional 52 100% · 3.9% denied

Why it denied Rhode Island applicants

Insufficient cash 1 50%
Collateral 1 50%

Where in Rhode Island

Counties with the most Colorado Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 24201 4.2%
Washington County 1291 8.3%
Kent County 1080 0.0%
Bristol County 440 0.0%
Newport County 210 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: 52 applications in 2025, of which 42 were originated and 2 denied.

3.9% of all applications, or 4.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Colorado Federal Savings Bank originated in Rhode Island in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Colorado Federal Savings 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