Equity Resources in Rhode Island vs the state
20.0%Denial rate+1.30 pts vs state
20.0%Decision denial rate-3.17 pts vs state
80.0%Origination rate+20.25 pts vs state
6.93%Median rate+0.18 pts vs state
0.39Rate spread (pts)+0.20 pts vs state
$129kMedian applicant income
4Loans originated
1Denied
What Equity Resources lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Equity Resources applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 4 | 3 | 1 | 25.0% |
| Kent County | 1 | 1 | 0 | 0.0% |
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: 5 applications in 2025, of which 4 were originated and 1 denied.
20.0% of all applications, or 20.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Equity Resources originated in Rhode Island in 2025 was 6.93%, against a statewide median of 6.75%.
About this data. Figures are Equity Resources'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