Village Capital & Investment in Rhode Island vs the state
18.6%Denial rate-0.06 pts vs state
25.6%Decision denial rate+2.41 pts vs state
37.3%Origination rate-22.46 pts vs state
5.87%Median rate-0.88 pts vs state
—Rate spread (pts)
$99kMedian applicant income
22Loans originated
11Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 22 | 7 | 13.6% | 6.25% | #125 |
| 2024 | 54 | 17 | 14.8% | 5.75% | #85 |
| 2025 | 59 | 22 | 18.6% | 5.87% | #88 |
What Village Capital & Investment lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Village Capital & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 46 | 17 | 7 | 15.2% |
| Kent County | 9 | 4 | 3 | 33.3% |
| Washington County | 2 | 1 | 1 | 50.0% |
| Bristol County | 1 | 0 | 0 | 0.0% |
| Newport County | 1 | 0 | 0 | 0.0% |
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% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| 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% |
Frequently asked questions
Rhode Island: 59 applications in 2025, of which 22 were originated and 11 denied.
18.6% of all applications, or 25.6% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Village Capital & Investment originated in Rhode Island in 2025 was 5.87%, against a statewide median of 6.75%.
About this data. Figures are Village Capital & Investment'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