Everett Financial · Rhode Island · 2025

Everett Financial in Rhode Island: approval rate, denial rate and rates (2025)

Everett Financial took 36 mortgage applications in Rhode Island in 2025, ranking #117 of 453 lenders active in the state. It originated 44.4% of them and denied 16.7% (27.3% of the applications it decided), against a statewide denial rate of 18.7%.

36Applicationsin RI
27.3%Decision denial ratestate 23.2%
6.87%Median ratestate 6.75%
$305,000Median loanstate $255,000
$5.3MVolume5 counties

Everett Financial in Rhode Island vs the state

16.7%Denial rate-2.03 pts vs state
27.3%Decision denial rate+4.10 pts vs state
44.4%Origination rate-15.31 pts vs state
6.87%Median rate+0.12 pts vs state
0.89Rate spread (pts)+0.71 pts vs state
$94kMedian applicant income
16Loans originated
6Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023561812.5%7.13%#85
202418165.6%7.63%#140
2025361616.7%6.87%#117

What Everett Financial lends in Rhode Island

By loan purpose

Home purchase 13 36% · 7.7% denied
Refinance 9 25% · 22.2% denied
Cash-out refinance 9 25% · 33.3% denied
Home improvement 2 6% · 0.0% denied
Other / HELOC 3 8% · 0.0% denied

By loan type

Conventional 23 64% · 17.4% denied
FHA 11 31% · 18.2% denied
VA 2 6% · 0.0% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 2 33%
Collateral 2 33%
Other 1 17%
Employment history 1 17%

Where in Rhode Island

Counties with the most Everett Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 2093 15.0%
Kent County 630 0.0%
Newport County 531 20.0%
Washington County 411 25.0%
Bristol County 101 100.0%

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: 36 applications in 2025, of which 16 were originated and 6 denied.

16.7% of all applications, or 27.3% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Everett Financial originated in Rhode Island in 2025 was 6.87%, against a statewide median of 6.75%.

About this data. Figures are Everett Financial'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