RI · Statewide HMDA 2024

Rhode Island mortgage lending

According to the CFPB HMDA 2024 Snapshot, 390 reporting lenders · 5 counties · 1 metros.

Volume rank is not origination-share rank

According to the CFPB HMDA 2024 Snapshot, Rhode Island ranks #43 of 54 by application volume but #23 of 52 states with 10,000+ applications on origination share (54.1%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.

#23
Origination-share rank of 52
54.1%
Origination share
22,697
Originated
19.4%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.

CFPB HMDA state filing plate

State RI · Rhode Island 19.4% denial

VOL-TRACE · DEN-STEEP · PHOTO-FINISH · ORIG-FLOOR · BOOK-FULL · LEAD-MIX

  • VOL-TRACE #43/54
  • DEN-STEEP 19.4%
  • PHOTO-FINISH New York
  • ORIG-FLOOR 54.1%
  • BOOK-FULL 390 lenders
  • LEAD-MIX 12% top

Photo-finish peer: New York · 19.4% denial (+0.0pp vs Rhode Island)

2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.

Denial-rate neighbourhood · Rhode Island

Poles and nearest peers by statewide HMDA denial rate, not a full state roster.

Denial band
Hawaii · highest22.4%Florida · near19.8%Rhode Island · this state19.4%New York · near19.4%Alabama · near18.9%Kentucky · near18.6%Guam · lowest7.6%

Nationwide states with similar HMDA denial rate or application volume

Two statewide peer sets for Rhode Island: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.

Top lenders by originations · Rhode Island

Funded loans among HMDA-reporting institutions active in this state.

State market
1. CBNA Year to Date3K2. Navigant Credit Union2K3. Coastal1 Credit Union1K4. Movement Mortgage, LLC9885. The Washington Trust Comp…9276. Rocket Mortgage8627. BankNewport6238. Primary Residential Mortg…599

Where Rhode Island sits by application volume

2024 CFPB HMDA states and territories, bucketed by mortgage applications filed

41,964 20th percentile higher than 20% of 54 states and territories

This state 0 1,200,000 states and territories, grouped by applications

Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year

Top counties by originations · Rhode Island

In-state county volume from the same HMDA county board linked below.

County mix
1. Providence County12K2. Kent County4K3. Washington County3K4. Newport County2K5. Bristol County1K

How to read this state sheet. Rhode Island filed 41,964 HMDA-reported applications in 2024 (#43 of 54 by volume) with a 19.4% denial rate - 2.3pp above the national 17.2% baseline. White applicants (27,533 apps) show 19.1% denial; Black or African American applicants (2,702 apps) show 30.7% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.

Nearby Lenders in Rhode Island

Top HMDA-reporting lenders active in Rhode Island. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 CBNA Year to Date 2,702 11.9%
2 Navigant Credit Union 1,907 8.4%
3 Coastal1 Credit Union 1,190 5.2%
4 Movement Mortgage, LLC 988 4.4%
5 The Washington Trust Company, of Westerly 927 4.1%

Reported outcomes by applicant race in Rhode Island

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 27,533 61.3% 19.1%
Black or African American 2,702 45.9% 30.7%
Asian 1,098 54.4% 20.2%
Joint 691 66.9% 13.6%
American Indian or Alaska Native 180 32.8% 36.1%
Native Hawaiian or Other Pacific Islander 129 38.0% 38.0%
2 or more minority races 64 43.8% 34.4%sample too small to read

Every county in Rhode Island, by lending volume

County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.

County Applications Originated Denial Rate Avg Loan
Providence County 23,970 12,433 21.6% $269,916
Kent County 7,955 4,478 17.8% $264,693
Washington County 5,089 2,955 15.5% $347,606
Newport County 2,960 1,682 16.4% $415,764
Bristol County 1,891 1,115 14.4% $364,609

Metro Areas in Rhode Island

Frequently Asked Questions

How many mortgage applications were filed in Rhode Island?
In the 2024 HMDA reporting year, 41,964 mortgage applications were filed in Rhode Island. Of these, 22,697 were originated (approved and funded), while 8,158 were denied, resulting in a denial rate of 19.4%.
Where does Rhode Island sit among U.S. states for mortgage volume?
According to CFPB HMDA 2024 application volume across U.S. states and territories, Rhode Island ranks #43 of 54. On origination share (originated divided by applications, 10,000-application floor) it ranks #23 of 52 at 54.1%. The /states hub sorts by application volume for this ranking basis. See /methodology#corpus-placement.
What is the mortgage denial rate in Rhode Island?
The mortgage denial rate in Rhode Island is 19.4%, meaning 19.4% of all applications were denied by lenders. The approval (origination) rate is 54.1%.
What is the average mortgage loan amount in Rhode Island?
The average mortgage loan amount in Rhode Island is $293,193. The average interest rate across all loan types is 7.192%.
How many mortgage lenders operate in Rhode Island?
390 mortgage lenders reported HMDA data for Rhode Island. These include banks, credit unions, and independent mortgage companies that filed lending activity for this state.
How do mortgage denial rates vary by demographics in Rhode Island?
Rhode Island reports demographic lending data under HMDA. White applicants (27,533 applications) have an approval rate of 61.3% and denial rate of 19.1%; Black or African American applicants (2,702 applications) have an approval rate of 45.9% and denial rate of 30.7%; Asian applicants (1,098 applications) have an approval rate of 54.4% and denial rate of 20.2%. These figures reflect derived race categories as reported by applicants, and cover only groups with at least 100 applications, since a rate computed on a handful of applications is not readable.
Which counties in Rhode Island have the most mortgage activity?
The top counties by mortgage volume in Rhode Island are Providence County (12,433 originations), Kent County (4,478 originations), Washington County (2,955 originations). There are 5 counties with HMDA mortgage data in the state.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.

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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.