Navigant Credit Union · Rhode Island · 2025

Navigant Credit Union in Rhode Island: approval rate, denial rate and rates (2025)

Navigant Credit Union took 2,847 mortgage applications in Rhode Island in 2025, ranking #2 of 453 lenders active in the state. It originated 64.4% of them and denied 16.1% (19.4% of the applications it decided), against a statewide denial rate of 18.7%.

2.8kApplicationsin RI
19.4%Decision denial ratestate 23.2%
6.50%Median ratestate 6.75%
$145,000Median loanstate $255,000
$455MVolume5 counties

Navigant Credit Union in Rhode Island vs the state

16.1%Denial rate-2.65 pts vs state
19.4%Decision denial rate-3.73 pts vs state
64.4%Origination rate+4.63 pts vs state
6.50%Median rate-0.25 pts vs state
-0.36Rate spread (pts)-0.54 pts vs state
$115kMedian applicant income
1,833Loans originated
457Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,6651,66922.1%6.88%#2
20243,0601,90719.7%6.63%#2
20252,8471,83316.1%6.50%#2

What Navigant Credit Union lends in Rhode Island

By loan purpose

Home purchase 614 22% · 1.6% denied
Refinance 582 20% · 15.6% denied
Cash-out refinance 153 5% · 9.8% denied
Home improvement 695 24% · 21.3% denied
Other / HELOC 803 28% · 24.0% denied

By loan type

Conventional 2,846 100% · 16.1% denied
FHA 1 0% · 0.0% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 275 60%
Credit history 103 23%
Collateral 55 12%
Other 14 3%
Unverifiable information 5 1%
Insufficient cash 4 1%
Employment history 1 0%

Where in Rhode Island

Counties with the most Navigant Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 2,1451,353360 16.8%
Kent County 34923556 16.0%
Washington County 20013920 10.0%
Bristol County 1137814 12.4%
Newport County 40287 17.5%

Other large lenders in Rhode Island

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 6,32927.8%7.40%
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%
United Shore Financial ServicesB 78018.0%6.38%

Frequently asked questions

Rhode Island: 2,847 applications in 2025, of which 1,833 were originated and 457 denied.

16.1% of all applications, or 19.4% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Navigant Credit Union originated in Rhode Island in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Navigant Credit Union'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