Kind Lending · Rhode Island · 2025

Kind Lending in Rhode Island: approval rate, denial rate and rates (2025)

Kind Lending took 17 mortgage applications in Rhode Island in 2025, ranking #159 of 453 lenders active in the state. It originated 88.2% of them and denied 11.8% (11.8% of the applications it decided), against a statewide denial rate of 18.7%.

17Applicationsin RI
11.8%Decision denial ratestate 23.2%
6.88%Median ratestate 6.75%
$425,000Median loanstate $255,000
$6.9MVolume4 counties

Kind Lending in Rhode Island vs the state

11.8%Denial rate-6.94 pts vs state
11.8%Decision denial rate-11.41 pts vs state
88.2%Origination rate+28.49 pts vs state
6.88%Median rate+0.13 pts vs state
1.04Rate spread (pts)+0.86 pts vs state
$120kMedian applicant income
15Loans originated
2Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237342.9%7.13%#213
202414821.4%7.38%#161
2025171511.8%6.88%#159

What Kind Lending lends in Rhode Island

By loan purpose

Home purchase 13 76% · 7.7% denied
Refinance 3 18% · 33.3% denied
Cash-out refinance 1 6% · 0.0% denied

By loan type

Conventional 13 76% · 15.4% denied
FHA 3 18% · 0.0% denied
VA 1 6% · 0.0% denied

Why it denied Rhode Island applicants

Collateral 1 50%
Insufficient cash 1 50%

Where in Rhode Island

Counties with the most Kind Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 972 22.2%
Washington County 550 0.0%
Kent County 220 0.0%
Newport County 110 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: 17 applications in 2025, of which 15 were originated and 2 denied.

11.8% of all applications, or 11.8% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Kind Lending originated in Rhode Island in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Kind Lending'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