Loandepot.Com in Rhode Island vs the state
24.4%Denial rate+5.72 pts vs state
28.5%Decision denial rate+5.33 pts vs state
59.9%Origination rate+0.19 pts vs state
6.88%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.46 pts vs state
$98kMedian applicant income
410Loans originated
167Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 274 | 145 | 25.6% | 6.63% | #31 |
| 2024 | 503 | 262 | 24.1% | 6.99% | #21 |
| 2025 | 684 | 410 | 24.4% | 6.88% | #13 |
What Loandepot.Com lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Loandepot.Com applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 436 | 262 | 103 | 23.6% |
| Kent County | 120 | 81 | 29 | 24.2% |
| Washington County | 73 | 42 | 18 | 24.7% |
| Newport County | 35 | 15 | 11 | 31.4% |
| Bristol County | 20 | 10 | 6 | 30.0% |
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: 684 applications in 2025, of which 410 were originated and 167 denied.
24.4% of all applications, or 28.5% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Loandepot.Com originated in Rhode Island in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Loandepot.Com'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