Largest lenders in Kent County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Citizens Bank | C | 1,265 | 836 | 22.6% | 7.65% |
| 2 | Navigant Credit Union | B | 349 | 235 | 16.1% | 6.50% |
| 3 | COASTAL1 Credit Union | B | 317 | 223 | 22.1% | 6.75% |
| 4 | The Washington Trust Company, of Westerly | C | 290 | 171 | 21.0% | 6.50% |
| 5 | Rocket Mortgage | C | 290 | 200 | 20.0% | 6.88% |
| 6 | Movement Mortgage | A | 249 | 196 | 2.8% | 6.56% |
| 7 | Greenwood Credit Union | C | 248 | 170 | 17.7% | 6.75% |
| 8 | Primary Residential Mortgage | C | 221 | 154 | 5.0% | 6.50% |
| 9 | Bank of America | F | 207 | 64 | 37.2% | 6.25% |
| 10 | CMG Mortgage | A | 198 | 130 | 5.6% | 6.63% |
| 11 | Centreville Bank | B | 173 | 135 | 13.3% | 6.49% |
| 12 | Guild Mortgage | A | 157 | 123 | 1.3% | 6.63% |
| 13 | American Neighborhood Mortgage Acceptance Company | B | 147 | 105 | 2.7% | 6.56% |
| 14 | BankNewport | B | 146 | 90 | 16.4% | 6.75% |
| 15 | Newrez | D | 143 | 65 | 16.8% | 6.75% |
| 16 | United Shore Financial Services | B | 129 | 95 | 14.0% | 6.13% |
| 17 | Pennymac Loan Services | C | 128 | 64 | 9.4% | 6.25% |
| 18 | Broker Solutions | D | 125 | 43 | 6.4% | 6.38% |
| 19 | Freedom Mortgage | B | 121 | 45 | 9.9% | 6.25% |
| 20 | Loandepot.Com | D | 120 | 81 | 24.2% | 6.99% |
| 21 | Navy Federal Credit Union | D | 114 | 68 | 10.5% | 7.25% |
| 22 | Mortgage Research Center | C | 107 | 55 | 15.9% | 6.13% |
| 23 | NFM | A | 105 | 79 | 2.9% | 6.63% |
| 24 | Home Loan Investment Bank | F | 104 | 76 | 7.7% | 6.63% |
| 25 | Westerly Community | C | 97 | 66 | 12.4% | 6.99% |
Best approval odds in Kent County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Guild Mortgage | 132 | 1.5% |
| 2 | Province Mortgage Associates | 69 | 2.9% |
| 3 | Semper Home Loans | 65 | 3.1% |
| 4 | Movement Mortgage | 218 | 3.2% |
| 5 | NFM | 83 | 3.6% |
| 6 | American Neighborhood Mortgage Acceptance Company | 110 | 3.6% |
| 7 | Harborone Mortgage | 65 | 6.2% |
| 8 | Primary Residential Mortgage | 165 | 6.7% |
| 9 | CMG Mortgage | 150 | 7.3% |
| 10 | Home Loan Investment Bank | 88 | 9.1% |
What Kent County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Kent County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 6,788 | 4,043 | 20.7% | 7.00% | $185,000 |
| 2024 | 7,319 | 4,480 | 19.3% | 6.99% | $205,000 |
| 2025 | 8,221 | 5,143 | 16.4% | 6.75% | $225,000 |
Frequently asked questions
16.4% of applications in Kent County were denied in 2025, against 18.7% statewide in Rhode Island.
Citizens Bank, with 1,265 applications in 2025 and a denial rate of 22.6%.
The median mortgage application in Kent County in 2025 was for $225,000; the median property value on originated loans was $455,000.