Crosscountry Mortgage · Rhode Island · 2025

Crosscountry Mortgage in Rhode Island: approval rate, denial rate and rates (2025)

Crosscountry Mortgage took 323 mortgage applications in Rhode Island in 2025, ranking #32 of 453 lenders active in the state. It originated 63.8% of them and denied 7.4% (10.2% of the applications it decided), against a statewide denial rate of 18.7%.

323Applicationsin RI
10.2%Decision denial ratestate 23.2%
6.75%Median ratestate 6.75%
$355,000Median loanstate $255,000
$85MVolume5 counties

Crosscountry Mortgage in Rhode Island vs the state

7.4%Denial rate-11.27 pts vs state
10.2%Decision denial rate-13.00 pts vs state
63.8%Origination rate+4.03 pts vs state
6.75%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.19 pts vs state
$127kMedian applicant income
206Loans originated
24Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232671703.4%7.00%#33
20243142205.4%6.75%#31
20253232067.4%6.75%#32

What Crosscountry Mortgage lends in Rhode Island

By loan purpose

Home purchase 175 54% · 1.7% denied
Refinance 45 14% · 4.4% denied
Cash-out refinance 59 18% · 3.4% denied
Home improvement 11 3% · 54.6% denied
Other / HELOC 33 10% · 33.3% denied

By loan type

Conventional 228 71% · 8.8% denied
FHA 69 21% · 5.8% denied
VA 26 8% · 0.0% denied

Why it denied Rhode Island applicants

Collateral 6 25%
Debt-to-income ratio 6 25%
Incomplete application 5 21%
Credit history 4 17%
Other 2 8%
Unverifiable information 1 4%

Where in Rhode Island

Counties with the most Crosscountry Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 17210516 9.3%
Kent County 66374 6.1%
Washington County 53402 3.8%
Newport County 22162 9.1%
Bristol County 1080 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: 323 applications in 2025, of which 206 were originated and 24 denied.

7.4% of all applications, or 10.2% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

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

About this data. Figures are Crosscountry 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