St. Anne's Credit Union · Rhode Island · 2025

St. Anne's Credit Union in Rhode Island: approval rate, denial rate and rates (2025)

St. Anne's Credit Union took 45 mortgage applications in Rhode Island in 2025, ranking #103 of 453 lenders active in the state. It originated 57.8% of them and denied 22.2% (27.8% of the applications it decided), against a statewide denial rate of 18.7%.

45Applicationsin RI
27.8%Decision denial ratestate 23.2%
7.24%Median ratestate 6.75%
$125,000Median loanstate $255,000
$4.6MVolume5 counties

St. Anne's Credit Union in Rhode Island vs the state

22.2%Denial rate+3.52 pts vs state
27.8%Decision denial rate+4.61 pts vs state
57.8%Origination rate-1.97 pts vs state
7.24%Median rate+0.49 pts vs state
0.28Rate spread (pts)+0.09 pts vs state
$120kMedian applicant income
26Loans originated
10Denied

Trend in Rhode Island

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023674023.9%6.00%#77
2024624914.5%7.49%#79
2025452622.2%7.24%#103

What St. Anne's Credit Union lends in Rhode Island

By loan purpose

Home purchase 13 29% · 7.7% denied
Refinance 3 7% · 33.3% denied
Cash-out refinance 11 24% · 18.2% denied
Home improvement 13 29% · 30.8% denied
Other / HELOC 5 11% · 40.0% denied

By loan type

Conventional 45 100% · 22.2% denied

Why it denied Rhode Island applicants

Debt-to-income ratio 7 70%
Collateral 1 10%
Incomplete application 1 10%
Credit history 1 10%

Where in Rhode Island

Counties with the most St. Anne's Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Newport County 31178 25.8%
Bristol County 731 14.3%
Providence County 541 20.0%
Washington County 110 0.0%
Kent 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: 45 applications in 2025, of which 26 were originated and 10 denied.

22.2% of all applications, or 27.8% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.

The median rate on loans St. Anne's Credit Union originated in Rhode Island in 2025 was 7.24%, against a statewide median of 6.75%.

About this data. Figures are St. Anne's 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