Embrace Home Loans in Rhode Island vs the state
9.8%Denial rate-8.90 pts vs state
11.6%Decision denial rate-11.54 pts vs state
69.3%Origination rate+9.53 pts vs state
6.63%Median rate-0.13 pts vs state
0.24Rate spread (pts)+0.05 pts vs state
$129kMedian applicant income
106Loans originated
15Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 123 | 65 | 13.0% | 6.63% | #52 |
| 2024 | 150 | 95 | 18.0% | 6.75% | #52 |
| 2025 | 153 | 106 | 9.8% | 6.63% | #59 |
What Embrace Home Loans lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Embrace Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 48 | 34 | 6 | 12.5% |
| Washington County | 36 | 24 | 3 | 8.3% |
| Kent County | 30 | 20 | 0 | 0.0% |
| Newport County | 24 | 19 | 3 | 12.5% |
| Bristol County | 15 | 9 | 3 | 20.0% |
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% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 153 applications in 2025, of which 106 were originated and 15 denied.
9.8% of all applications, or 11.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Embrace Home Loans originated in Rhode Island in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Embrace Home Loans'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