Lendingone in Rhode Island vs the state
21.8%Denial rate+3.09 pts vs state
70.8%Decision denial rate+47.66 pts vs state
9.0%Origination rate-50.78 pts vs state
7.65%Median rate+0.90 pts vs state
—Rate spread (pts)
—Median applicant income
7Loans originated
17Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 0 | 84.2% | — | #138 |
| 2024 | 14 | 2 | 78.6% | 9.26% | #160 |
| 2025 | 78 | 7 | 21.8% | 7.65% | #77 |
What Lendingone lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Lendingone applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 42 | 4 | 6 | 14.3% |
| Kent County | 12 | 0 | 2 | 16.7% |
| Washington County | 11 | 1 | 7 | 63.6% |
| Newport County | 10 | 1 | 2 | 20.0% |
| Bristol County | 3 | 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: 78 applications in 2025, of which 7 were originated and 17 denied.
21.8% of all applications, or 70.8% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Lendingone originated in Rhode Island in 2025 was 7.65%, against a statewide median of 6.75%.
About this data. Figures are Lendingone'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