Guaranteed Rate Affinity · Rhode Island · 2025

Guaranteed Rate Affinity in Rhode Island: approval rate, denial rate and rates (2025)

Guaranteed Rate Affinity took 182 mortgage applications in Rhode Island in 2025, ranking #54 of 453 lenders active in the state. It originated 66.5% of them and denied 8.2% (11.0% of the applications it decided), against a statewide denial rate of 18.7%.

182Applicationsin RI
11.0%Decision denial ratestate 23.2%
6.50%Median ratestate 6.75%
$355,000Median loanstate $255,000
$43MVolume4 counties

Guaranteed Rate Affinity in Rhode Island vs the state

8.2%Denial rate-10.46 pts vs state
11.0%Decision denial rate-12.22 pts vs state
66.5%Origination rate+6.73 pts vs state
6.50%Median rate-0.25 pts vs state
0.27Rate spread (pts)+0.08 pts vs state
$114kMedian applicant income
121Loans originated
15Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023156975.1%6.75%#45
2024102636.9%6.88%#62
20251821218.2%6.50%#54

What Guaranteed Rate Affinity lends in Rhode Island

By loan purpose

Home purchase 150 82% · 7.3% denied
Refinance 7 4% · 14.3% denied
Cash-out refinance 21 12% · 4.8% denied
Home improvement 3 2% · 33.3% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 129 71% · 9.3% denied
FHA 45 25% · 6.7% denied
VA 8 4% · 0.0% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 7 47%
Credit history 3 20%
Collateral 3 20%
Other 1 7%
Incomplete application 1 7%

Where in Rhode Island

Counties with the most Guaranteed Rate Affinity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 1298612 9.3%
Kent County 33203 9.1%
Washington County 18140 0.0%
Newport County 210 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: 182 applications in 2025, of which 121 were originated and 15 denied.

8.2% of all applications, or 11.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Guaranteed Rate Affinity originated in Rhode Island in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Guaranteed Rate Affinity'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