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Beeline Loans, INC.

PROVIDENCE, RI

Beeline Loans, INC. processed 4,692 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 320 loans with a 42.4% denial rate. Cash-out Refinancing was the primary loan purpose. Based in PROVIDENCE, RI. The approval rate of 6.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Beeline Loans, INC.'s 6.8% origination rate tells you how often an application turned into funded money; the 42.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Collateral, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (4,571 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

4,692
Applications
320
Originated
42.4%
Denial Rate
$296,087
Avg Loan Amount
Avg Interest Rate: 7.037% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 4,571 317 1,911 $295,700
VA 72 3 44 $339,444
FHA 49 0 32 $268,469

Top loan types - Beeline Loans, INC.

Top loan types - Beeline Loans, INC. Horizontal bar chart of the top 3 items by value (applications). Top loan types - Beeline Loans, INC. Top 3 1. Conventional 4,571 2. VA 72 3. FHA 49 Top 5 loan types by application volume at Beeline Loans, INC. (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Beeline Loans, INC. (LEI: 984500F03B9034CQB904) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
1,507
Collateral
1,274
Debt-to-income ratio
348
Other
158
Insufficient cash
86
Unverifiable information
59
Credit application incomplete
16
Employment history
11

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 3,016 158 $278,989
Refinancing 748 45 $353,810
Home Improvement 479 24 $263,956
Home Purchase 449 93 $349,053

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,328 6.3% 44.6%
Black or African American 411 4.1% 56.0%
Asian 270 14.1% 21.9%
American Indian or Alaska Native * 49 2.0% 65.3%
Joint * 47 0.0% 63.8%
2 or more minority races * 30 30.0% 23.3%
Native Hawaiian or Other Pacific Islander * 14 0.0% 71.4%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,723 6.7% 44.4%
Hispanic or Latino 323 5.6% 46.1%
Joint * 46 15.2% 34.8%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in RI

Other HMDA-reporting lenders in RI with similar activity. Compare any two side-by-side.

CBNA Year to Date

Providence, RI

116,492 apps 55,183 originated 26.6% denied

Embrace Home Loans, Inc.

Middletown, RI

7,798 apps 4,738 originated 6.8% denied

Navigant Credit Union

Smithfield, RI

3,426 apps 2,143 originated 19.2% denied

Coastal1 Credit Union

PAWTUCKET, RI

2,133 apps 1,456 originated 24.1% denied

The Washington Trust Company, of Westerly

Westerly, RI

2,028 apps 1,132 originated 20.4% denied
Compare Beeline Loans, INC. vs CBNA Year to Date →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Beeline Loans, INC. process?
Beeline Loans, INC. processed 4,692 mortgage applications in the 2024 HMDA reporting year. Of these, 320 were originated (approved and funded), 948 were withdrawn by the applicant, and 1,987 were denied.
What is Beeline Loans, INC.'s mortgage approval rate?
Beeline Loans, INC. has an approval (origination) rate of 6.8%, meaning 6.8% of all applications resulted in a funded mortgage. The denial rate is 42.4%.
What is the average loan amount at Beeline Loans, INC.?
The average mortgage loan amount at Beeline Loans, INC. is $296,087. The average interest rate is 7.037%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Beeline Loans, INC.?
The most common reasons for mortgage denial at Beeline Loans, INC. are: Credit history, Collateral, Debt-to-income ratio. In total, 1,987 applications were denied out of 4,692 total applications.
What types of mortgage loans does Beeline Loans, INC. offer?
Beeline Loans, INC. processes Conventional, VA, FHA loans. The most common type is Conventional with 4,571 applications and an average loan amount of $295,700.
What loan purposes does Beeline Loans, INC. serve?
Beeline Loans, INC. serves the following loan purposes: Cash-out Refinancing (3,016 applications), Refinancing (748 applications), Home Improvement (479 applications), Home Purchase (449 applications). Cash-out Refinancing is the most common purpose.
Where is Beeline Loans, INC. located?
Beeline Loans, INC. is headquartered in PROVIDENCE, RI. The lender is identified by LEI 984500F03B9034CQB904 in HMDA data.
How does Beeline Loans, INC. compare in lending across racial demographics?
Beeline Loans, INC. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 6.3% and denial rate of 44.6%; Black or African American applicants have an approval rate of 4.1% and denial rate of 56.0%; Asian applicants have an approval rate of 14.1% and denial rate of 21.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.