Signature Federal Credit Union · Rhode Island · 2025

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

Signature Federal Credit Union took 5 mortgage applications in Rhode Island in 2025, ranking #244 of 453 lenders active in the state. It originated 20.0% of them and denied 20.0% (50.0% of the applications it decided), against a statewide denial rate of 18.7%.

5Applicationsin RI
50.0%Decision denial ratestate 23.2%
9.00%Median ratestate 6.75%
$175,000Median loanstate $255,000
$175kVolume2 counties

Signature Federal Credit Union in Rhode Island vs the state

20.0%Denial rate+1.30 pts vs state
50.0%Decision denial rate+26.83 pts vs state
20.0%Origination rate-39.75 pts vs state
9.00%Median rate+2.25 pts vs state
1.69Rate spread (pts)+1.51 pts vs state
$145kMedian applicant income
1Loans originated
1Denied

What Signature Federal Credit Union lends in Rhode Island

By loan purpose

Refinance 1 20% · 0.0% denied
Home improvement 3 60% · 0.0% denied
Other / HELOC 1 20% · 100.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied Rhode Island applicants

Other 1 100%

Where in Rhode Island

Counties with the most Signature Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Providence County 301 33.3%
Newport County 210 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: 5 applications in 2025, of which 1 were originated and 1 denied.

20.0% of all applications, or 50.0% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans Signature Federal Credit Union originated in Rhode Island in 2025 was 9.00%, against a statewide median of 6.75%.

About this data. Figures are Signature Federal Credit Union'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