Raymond James Bank · Rhode Island · 2025

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

Raymond James Bank took 7 mortgage applications in Rhode Island in 2025, ranking #212 of 453 lenders active in the state. It originated 85.7% of them and denied 14.3% (14.3% of the applications it decided), against a statewide denial rate of 18.7%.

7Applicationsin RI
14.3%Decision denial ratestate 23.2%
5.25%Median ratestate 6.75%
$655,000Median loanstate $255,000
$5.1MVolume3 counties

Raymond James Bank in Rhode Island vs the state

14.3%Denial rate-4.41 pts vs state
14.3%Decision denial rate-8.88 pts vs state
85.7%Origination rate+25.96 pts vs state
5.25%Median rate-1.50 pts vs state
-0.47Rate spread (pts)-0.66 pts vs state
$475kMedian applicant income
6Loans originated
1Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023550.0%5.50%#235
20245420.0%6.38%#251
20257614.3%5.25%#212

What Raymond James Bank lends in Rhode Island

By loan purpose

Home purchase 4 57% · 0.0% denied
Refinance 1 14% · 0.0% denied
Home improvement 1 14% · 100.0% denied
Other / HELOC 1 14% · 0.0% denied

By loan type

Conventional 7 100% · 14.3% denied

Why it denied Rhode Island applicants

Collateral 1 100%

Where in Rhode Island

Counties with the most Raymond James Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 321 33.3%
Newport County 330 0.0%
Bristol County 110 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: 7 applications in 2025, of which 6 were originated and 1 denied.

14.3% of all applications, or 14.3% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Raymond James Bank originated in Rhode Island in 2025 was 5.25%, against a statewide median of 6.75%.

About this data. Figures are Raymond James 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