DAS Acquisition Company · Rhode Island · 2025

DAS Acquisition Company in Rhode Island: approval rate, denial rate and rates (2025)

DAS Acquisition Company took 12 mortgage applications in Rhode Island in 2025, ranking #177 of 453 lenders active in the state. It originated 58.3% of them and denied 25.0% (30.0% of the applications it decided), against a statewide denial rate of 18.7%.

12Applicationsin RI
30.0%Decision denial ratestate 23.2%
6.75%Median ratestate 6.75%
$370,000Median loanstate $255,000
$2.7MVolume3 counties

DAS Acquisition Company in Rhode Island vs the state

25.0%Denial rate+6.30 pts vs state
30.0%Decision denial rate+6.83 pts vs state
58.3%Origination rate-1.42 pts vs state
6.75%Median rate0.00 pts vs state
0.84Rate spread (pts)+0.66 pts vs state
$90kMedian applicant income
7Loans originated
3Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023733912.3%6.38%#74
202512725.0%6.75%#177

What DAS Acquisition Company lends in Rhode Island

By loan purpose

Home purchase 9 75% · 33.3% denied
Refinance 2 17% · 0.0% denied
Cash-out refinance 1 8% · 0.0% denied

By loan type

Conventional 6 50% · 33.3% denied
FHA 6 50% · 16.7% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 3 100%

Where in Rhode Island

Counties with the most DAS Acquisition Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 751 14.3%
Kent County 302 66.7%
Washington County 220 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: 12 applications in 2025, of which 7 were originated and 3 denied.

25.0% of all applications, or 30.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans DAS Acquisition Company originated in Rhode Island in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are DAS Acquisition Company'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