Westerly Community in Rhode Island vs the state
17.2%Denial rate-1.48 pts vs state
22.2%Decision denial rate-0.97 pts vs state
60.2%Origination rate+0.42 pts vs state
6.99%Median rate+0.24 pts vs state
-0.07Rate spread (pts)-0.26 pts vs state
$127kMedian applicant income
346Loans originated
99Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 57 | 20.6% | 6.00% | #61 |
| 2024 | 517 | 321 | 18.6% | 6.99% | #20 |
| 2025 | 575 | 346 | 17.2% | 6.99% | #16 |
What Westerly Community lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Westerly Community applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 358 | 228 | 63 | 17.6% |
| Kent County | 97 | 66 | 12 | 12.4% |
| Providence County | 81 | 39 | 18 | 22.2% |
| Newport County | 22 | 10 | 1 | 4.5% |
| Bristol County | 6 | 3 | 3 | 50.0% |
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: 575 applications in 2025, of which 346 were originated and 99 denied.
17.2% of all applications, or 22.2% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Westerly Community originated in Rhode Island in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Westerly Community'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