Liberty Bank · Rhode Island · 2025

Liberty Bank in Rhode Island: approval rate, denial rate and rates (2025)

Liberty Bank took 22 mortgage applications in Rhode Island in 2025, ranking #141 of 453 lenders active in the state. It originated 81.8% of them and denied 4.6% (5.3% of the applications it decided), against a statewide denial rate of 18.7%.

22Applicationsin RI
5.3%Decision denial ratestate 23.2%
6.25%Median ratestate 6.75%
$410,000Median loanstate $255,000
$8.1MVolume5 counties

Liberty Bank in Rhode Island vs the state

4.6%Denial rate-14.15 pts vs state
5.3%Decision denial rate-17.91 pts vs state
81.8%Origination rate+22.07 pts vs state
6.25%Median rate-0.50 pts vs state
-0.17Rate spread (pts)-0.35 pts vs state
$194kMedian applicant income
18Loans originated
1Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312925.0%5.49%#160
20249322.2%5.99%#192
202522184.6%6.25%#141

What Liberty Bank lends in Rhode Island

By loan purpose

Home purchase 13 59% · 0.0% denied
Refinance 4 18% · 0.0% denied
Cash-out refinance 1 5% · 0.0% denied
Home improvement 1 5% · 100.0% denied
Other / HELOC 3 14% · 0.0% denied

By loan type

Conventional 22 100% · 4.6% denied

Why it denied Rhode Island applicants

Collateral 1 100%

Where in Rhode Island

Counties with the most Liberty Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 861 12.5%
Providence County 760 0.0%
Newport County 430 0.0%
Bristol County 220 0.0%
Kent 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: 22 applications in 2025, of which 18 were originated and 1 denied.

4.6% of all applications, or 5.3% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Liberty Bank originated in Rhode Island in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Liberty Bank'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