Morgan Stanley Private Bank in Rhode Island vs the state
5.3%Denial rate-13.44 pts vs state
6.1%Decision denial rate-17.05 pts vs state
79.0%Origination rate+19.20 pts vs state
5.93%Median rate-0.82 pts vs state
-0.19Rate spread (pts)-0.37 pts vs state
$372kMedian applicant income
45Loans originated
3Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 38 | 33 | 0.0% | 5.90% | #98 |
| 2024 | 60 | 45 | 3.3% | 5.98% | #80 |
| 2025 | 57 | 45 | 5.3% | 5.93% | #91 |
What Morgan Stanley Private Bank lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Newport County | 20 | 16 | 0 | 0.0% |
| Washington County | 16 | 14 | 2 | 12.5% |
| Providence County | 11 | 8 | 0 | 0.0% |
| Bristol County | 6 | 3 | 1 | 16.7% |
| Kent County | 4 | 4 | 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: 57 applications in 2025, of which 45 were originated and 3 denied.
5.3% of all applications, or 6.1% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Morgan Stanley Private Bank originated in Rhode Island in 2025 was 5.93%, against a statewide median of 6.75%.
About this data. Figures are Morgan Stanley Private 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