Semper Home Loans · Rhode Island · 2025

Semper Home Loans in Rhode Island: approval rate, denial rate and rates (2025)

Semper Home Loans took 261 mortgage applications in Rhode Island in 2025, ranking #39 of 453 lenders active in the state. It originated 81.2% of them and denied 3.5% (4.1% of the applications it decided), against a statewide denial rate of 18.7%.

261Applicationsin RI
4.1%Decision denial ratestate 23.2%
6.50%Median ratestate 6.75%
$405,000Median loanstate $255,000
$88MVolume4 counties

Semper Home Loans in Rhode Island vs the state

3.5%Denial rate-15.25 pts vs state
4.1%Decision denial rate-19.10 pts vs state
81.2%Origination rate+21.48 pts vs state
6.50%Median rate-0.25 pts vs state
0.58Rate spread (pts)+0.39 pts vs state
$110kMedian applicant income
212Loans originated
9Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233643004.7%6.88%#22
20243232595.6%6.50%#30
20252612123.5%6.50%#39

What Semper Home Loans lends in Rhode Island

By loan purpose

Home purchase 202 77% · 4.5% denied
Refinance 21 8% · 0.0% denied
Cash-out refinance 38 15% · 0.0% denied

By loan type

Conventional 127 49% · 5.5% denied
FHA 122 47% · 1.6% denied
VA 12 5% · 0.0% denied

Why it denied Rhode Island applicants

Collateral 5 56%
Debt-to-income ratio 2 22%
Unverifiable information 1 11%
Insufficient cash 1 11%

Where in Rhode Island

Counties with the most Semper Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 1751356 3.4%
Kent County 70632 2.9%
Washington County 12101 8.3%
Bristol County 440 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: 261 applications in 2025, of which 212 were originated and 9 denied.

3.5% of all applications, or 4.1% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Semper Home Loans originated in Rhode Island in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Semper Home Loans'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