Rocket Mortgage in Rhode Island vs the state
19.7%Denial rate+1.02 pts vs state
21.2%Decision denial rate-2.01 pts vs state
71.1%Origination rate+11.30 pts vs state
6.75%Median rate0.00 pts vs state
0.60Rate spread (pts)+0.42 pts vs state
$106kMedian applicant income
1,016Loans originated
282Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 927 | 672 | 19.0% | 6.63% | #8 |
| 2024 | 1,134 | 862 | 16.4% | 6.75% | #7 |
| 2025 | 1,430 | 1,016 | 19.7% | 6.75% | #5 |
What Rocket Mortgage lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Rocket Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 750 | 530 | 153 | 20.4% |
| Kent County | 290 | 200 | 58 | 20.0% |
| Washington County | 212 | 152 | 42 | 19.8% |
| Newport County | 115 | 83 | 24 | 20.9% |
| Bristol County | 63 | 51 | 5 | 7.9% |
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% |
| 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% |
| United Shore Financial Services | B | 780 | 18.0% | 6.38% |
Frequently asked questions
Rhode Island: 1,430 applications in 2025, of which 1,016 were originated and 282 denied.
19.7% of all applications, or 21.2% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Rocket Mortgage originated in Rhode Island in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Rocket Mortgage'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