Rhode Island Credit Union · Massachusetts · 2025

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

Rhode Island Credit Union took 37 mortgage applications in Massachusetts in 2025, ranking #359 of 799 lenders active in the state. It originated 54.1% of them and denied 24.3% (31.0% of the applications it decided), against a statewide denial rate of 16.2%.

37Applicationsin MA
31.0%Decision denial ratestate 20.0%
6.50%Median ratestate 6.63%
$105,000Median loanstate $325,000
$2.5MVolume7 counties

Rhode Island Credit Union in Massachusetts vs the state

24.3%Denial rate+8.11 pts vs state
31.0%Decision denial rate+11.08 pts vs state
54.1%Origination rate-8.55 pts vs state
6.50%Median rate-0.13 pts vs state
Rate spread (pts)
$156kMedian applicant income
20Loans originated
9Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023381536.8%6.70%#336
2024401930.0%6.99%#337
2025372024.3%6.50%#359

What Rhode Island Credit Union lends in Massachusetts

By loan purpose

Home purchase 2 5% · 0.0% denied
Refinance 3 8% · 33.3% denied
Cash-out refinance 18 49% · 27.8% denied
Home improvement 14 38% · 21.4% denied

By loan type

Conventional 37 100% · 24.3% denied

Where in Massachusetts

Counties with the most Rhode Island Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bristol County 1584 26.7%
Worcester County 871 12.5%
Middlesex County 522 40.0%
Barnstable County 311 33.3%
Plymouth County 311 33.3%
Norfolk County 210 0.0%
Suffolk County 100 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 37 applications in 2025, of which 20 were originated and 9 denied.

24.3% of all applications, or 31.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Rhode Island Credit Union originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Rhode Island Credit Union's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology