Northpointe Bank · Rhode Island · 2025

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

Northpointe Bank took 298 mortgage applications in Rhode Island in 2025, ranking #34 of 453 lenders active in the state. It originated 66.4% of them and denied 6.0% (8.3% of the applications it decided), against a statewide denial rate of 18.7%.

298Applicationsin RI
8.3%Decision denial ratestate 23.2%
6.63%Median ratestate 6.75%
$385,000Median loanstate $255,000
$74MVolume5 counties

Northpointe Bank in Rhode Island vs the state

6.0%Denial rate-12.66 pts vs state
8.3%Decision denial rate-14.88 pts vs state
66.4%Origination rate+6.69 pts vs state
6.63%Median rate-0.13 pts vs state
0.33Rate spread (pts)+0.14 pts vs state
$124kMedian applicant income
198Loans originated
18Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233862464.7%6.81%#20
20242901895.9%6.63%#34
20252981986.0%6.63%#34

What Northpointe Bank lends in Rhode Island

By loan purpose

Home purchase 210 70% · 5.2% denied
Refinance 31 10% · 9.7% denied
Cash-out refinance 46 15% · 8.7% denied
Other / HELOC 11 4% · 0.0% denied

By loan type

Conventional 196 66% · 2.6% denied
FHA 87 29% · 12.6% denied
VA 15 5% · 13.3% denied

Why it denied Rhode Island applicants

Credit history 7 39%
Debt-to-income ratio 5 28%
Insufficient cash 3 17%
Collateral 2 11%
Unverifiable information 1 6%

Where in Rhode Island

Counties with the most Northpointe Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 19613411 5.6%
Kent County 71426 8.5%
Washington County 14101 7.1%
Newport County 1290 0.0%
Bristol County 530 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: 298 applications in 2025, of which 198 were originated and 18 denied.

6.0% of all applications, or 8.3% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Northpointe Bank originated in Rhode Island in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Northpointe 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