Paramount Residential Mortgage Group in Rhode Island vs the state
1.8%Denial rate-16.86 pts vs state
2.6%Decision denial rate-20.54 pts vs state
68.2%Origination rate+8.45 pts vs state
6.63%Median rate-0.13 pts vs state
0.59Rate spread (pts)+0.40 pts vs state
$116kMedian applicant income
148Loans originated
4Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 113 | 80 | 2.7% | 6.99% | #54 |
| 2024 | 207 | 146 | 1.0% | 6.63% | #43 |
| 2025 | 217 | 148 | 1.8% | 6.63% | #47 |
What Paramount Residential Mortgage Group lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Paramount Residential Mortgage Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 153 | 99 | 2 | 1.3% |
| Kent County | 34 | 25 | 0 | 0.0% |
| Washington County | 24 | 20 | 2 | 8.3% |
| Bristol County | 3 | 2 | 0 | 0.0% |
| Newport County | 3 | 2 | 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: 217 applications in 2025, of which 148 were originated and 4 denied.
1.8% of all applications, or 2.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Paramount Residential Mortgage Group originated in Rhode Island in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Paramount Residential Mortgage Group'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