Bristol County, Rhode Island · 2025

Mortgage lenders in Bristol County, RI: denial rates and top lenders (2025)

168 lenders acted on 1,876 mortgage applications for properties in Bristol County in 2025. 15.1% were denied (Rhode Island: 18.7%). Median rate on closed loans 6.75%; median loan $285,000; median property value $665,000.

1.9kApplications
15.1%Denial ratestate 18.7%
6.75%Median ratestate 6.75%
$285,000Median loan
$665,000Median property value

Largest lenders in Bristol County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Bank C 342217 21.6%7.40%
2 Navigant Credit Union B 11378 12.4%6.69%
3 Baycoast Mortgage Company A 9474 2.1%6.50%
4 BankNewport B 8864 13.6%6.75%
5 COASTAL1 Credit Union B 7654 22.4%6.75%
6 Rocket Mortgage C 6351 7.9%6.75%
7 Movement Mortgage A 5742 0.0%6.75%
8 Bank of America F 4721 21.3%5.99%
9 Centreville Bank B 4234 7.1%6.49%
10 The People's Credit Union D 3419 20.6%6.75%
11 United Shore Financial Services B 3224 3.1%6.13%
12 TD Bank D 3213 37.5%7.34%
13 Guild Mortgage A 3023 6.7%6.63%
14 The Washington Trust Company, of Westerly C 2914 34.5%6.69%
15 Rhode Island Credit Union F 2817 10.7%6.99%
16 BayCoast Bank A 2722 11.1%7.25%
17 Navy Federal Credit Union D 2712 14.8%6.75%
18 JPMorgan Chase Bank B 2615 23.1%6.00%
19 CMG Mortgage A 2516 8.0%6.75%
20 Freedom Mortgage B 247 0.0%6.75%
21 Pennymac Loan Services C 2313 13.0%6.62%
22 Guaranteed Rate B 2115 0.0%6.25%
23 Webster Bank C 2010 30.0%6.74%
24 Loandepot.Com D 2010 30.0%7.12%
25 Fall River Five Cents Savings Bank B 1913 10.5%7.00%

Best approval odds in Bristol County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Baycoast Mortgage Company772.6%
2Rocket Mortgage598.5%
3Navigant Credit Union9514.7%
4BankNewport7715.6%
5COASTAL1 Credit Union7223.6%
6Citizens Bank29924.8%

What Bristol County borrowers applied for

By loan purpose

Home purchase 569 30% · 4.4% denied
Refinance 428 23% · 16.4% denied
Cash-out refinance 299 16% · 15.7% denied
Home improvement 316 17% · 24.4% denied
Other / HELOC 264 14% · 24.6% denied

By loan type

Conventional 1,710 91% · 15.4% denied
FHA 96 5% · 13.5% denied
VA 69 4% · 10.1% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 125 45%
Credit history 58 21%
Collateral 44 16%
Incomplete application 25 9%
Other 17 6%
Unverifiable information 6 2%
Employment history 3 1%

Bristol County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,58896219.5%6.88%$225,000
20241,7251,11715.8%6.99%$275,000
20251,8761,20315.1%6.75%$285,000

Frequently asked questions

15.1% of applications in Bristol County were denied in 2025, against 18.7% statewide in Rhode Island.

Citizens Bank, with 342 applications in 2025 and a denial rate of 21.6%.

The median mortgage application in Bristol County in 2025 was for $285,000; the median property value on originated loans was $665,000.