Rhode Island Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Rhode Island averaged 6.91% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.74% and one month ago for the week of 2024-10-24, the average rate was 6.54%.

Rhode Island's average rate one year ago was 7.19%.

For refis of the same type during the week of 2024-11-27, the average rate was 6.93%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Rhode Island 30 Year Fixed Rate 2024-11-27 6.91%
Rhode Island 30 Year Fixed Rate Refi 2024-11-27 6.93%
Rhode Island 15 Year Fixed Rate 2024-11-27 6.14%
Rhode Island 15 Year Fixed Rate Refi 2024-11-27 6.7%
Rhode Island 30 Year FHA 2024-11-27 -0.09%
Rhode Island 30 Year FHA Refi 2024-11-27 0%
Rhode Island 30 Year USDA 2024-11-27 -0.1%
Rhode Island 30 Year USDA Refi 2024-11-27 0.1%
Rhode Island 30 Year VA 2024-11-27 0.08%
Rhode Island 30 Year VA Refi 2024-11-27 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rhode Island.

Rhode Island Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Rhode Island market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Navigant Credit Union 453 6.41% $3,526
MOVEMENT MORTGAGE, LLC 443 6.88% $6,075
QUICKEN LOANS, LLC 298 6.62% $7,983
The Washington Trust Company, of Westerly 236 6.32% $4,147
Citizens Bank 225 6.55% $4,835
Centreville Bank 222 5.64% $3,879
BAYCOAST MORTGAGE COMPANY, LLC 201 6.51% $4,230
PAWTUCKET 201 6.15% $3,719
GUILD MORTGAGE COMPANY 190 7.04% $5,175
Shamrock Home Loans, Inc. 182 6.92% $6,935
NFM, INC. 168 7.17% $6,816
Semper Home Loans, Inc. 149 6.99% $9,620
UNITED WHOLESALE MORTGAGE, LLC 149 6.86% $7,837
BankNewport 145 6.22% $4,065
Northpointe Bank 127 6.86% $7,864
PRIMARY RESIDENTIAL MORTGAGE, INC. 118 6.97% $10,025
GUARANTEED RATE, INC. 114 6.82% $6,793
PROVINCE MORTGAGE ASSOCIATES, INC. 109 7.14% $6,170
MORTGAGE EQUITY PARTNERS LLC 106 6.85% $6,245
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 97 6.84% $5,793
HARBORONE MORTGAGE, LLC 96 6.78% $5,610
CROSSCOUNTRY MORTGAGE, LLC 94 7.14% $7,142
Home Loan Investment Bank, F.S.B. 88 6.83% $5,211
TOTAL MORTGAGE SERVICES, LLC 73 7.10% $10,220
Bank of America 72 6.12% $6,350
JPMorgan Chase Bank 68 6.61% $7,215
NEWREZ LLC 68 7.02% $7,623
GUARANTEED RATE AFFINITY, LLC 57 6.83% $7,157
Fall River Five Cents Savings Bank 54 6.68% $5,160
LOANDEPOT.COM, LLC 52 7.06% $9,140
GREENWOOD 46 6.45% $3,835
Eastern Bank 46 6.05% $4,494
Leader Bank 43 6.68% $4,513
TD Bank 40 5.90% $4,432
FIRST HOME MORTGAGE CORPORATION 39 6.87% $9,887
PENNYMAC LOAN SERVICES, LLC 38 6.62% $6,805
EMBRACE HOME LOANS, INC. 38 6.74% $6,874
U.S. Bank 37 6.62% $5,752
NAVY FEDERAL CREDIT UNION 37 6.38% $4,402
Bank Rhode Island 36 6.40% $4,137
Paramount Residential Mortgage Group, Inc. 36 7.22% $8,313
Webster Bank 35 6.32% $5,513
The People's Credit Union 35 6.13% $3,886
Mr. Cooper ( Nationstar Mortgage ) 33 6.56% $10,604
Easthampton Savings Bank 33 5.80% $4,591
Milford Federal Bank 32 6.47% $3,466
Morgan Stanley Private Bank 32 5.90% $4,591
WESTERLY COMMUNITY 31 6.10% $3,726
Waterstone Mortgage Corporation 29 6.92% $7,439
WASHINGTON TRUST MORTGAGE COMPANY LLC 28 6.50% $4,295
Rockland Trust Company 27 6.01% $4,426
Wells Fargo Bank 27 6.30% $7,128
CMG MORTGAGE, INC. 26 6.87% $6,729
Berkshire Bank 25 6.37% $4,708
Flagstar Bank, FSB 23 6.66% $5,081
OCEAN STATE CREDIT UNION 22 5.53% $2,891
BAY EQUITY LLC 21 6.72% $5,096
NORTHPOINT MORTGAGE, INC. 21 7.12% $7,053
AMERISAVE MORTGAGE CORPORATION 20 6.60% $9,845
NORWICH COMMERCIAL GROUP, INC. 20 6.96% $8,056
BROKER SOLUTIONS, INC. 16 6.89% $8,537
RADIUS FINANCIAL GROUP INC. 16 7.05% $5,537
Citibank 16 5.90% $5,712
HOMESPIRE MORTGAGE CORPORATION 15 7.28% $9,388
Bristol County Savings Bank 15 6.08% $5,316
ARC HOME LLC 15 8.32% $10,875
LEADERONE FINANCIAL CORPORATION 14 7.23% $4,911
Sierra Pacific Mortgage Company, Inc. 14 7.19% $5,384
FREEDOM MORTGAGE CORPORATION 14 6.94% $8,025
St. Anne's Credit Union of Fall River, Mass. 14 5.54% $5,117
Charter Oak Federal Credit Union 12 5.01% $2,904
PNC Bank 12 6.31% $4,930
ENVOY MORTGAGE, LTD 11 6.93% $6,414
USAA Federal Savings Bank 11 6.41% $6,513
SALEM FIVE MORTGAGE COMPANY, LLC 11 6.21% $5,602
Ixonia Bank 11 6.99% $9,514
WAVE FEDERAL CREDIT UNION 11 6.85% $6,237
CHURCHILL MORTGAGE CORPORATION 10 6.97% $8,053
Prosperity Home Mortgage, LLC 9 7.22% $5,189
Chelsea Groton Bank 9 4.99% $3,503
DIGITAL Federal Credit Union 9 6.08% $3,525
Princeton Mortgage Corporation 8 6.63% $6,584
DAS Acquisition Company, LLC 8 6.86% $11,790
First Republic Bank 8 4.81% $4,730
The Huntington National Bank 8 6.25% $5,164
NBKC BANK 8 6.92% $3,657
RELIANCE FIRST CAPITAL, LLC 8 7.22% $9,856
CIBM Bank 8 6.88% $6,021
T2 FINANCIAL LLC 8 6.64% $6,039
LAKEVIEW LOAN SERVICING, LLC 8 6.47% $7,625
UBS Bank USA 8 6.03% $6,046
DRAPER AND KRAMER MORTGAGE CORP. 7 6.71% $3,705
Discover Bank 7 6.78% $0
EVERETT FINANCIAL, INC. 7 7.50% $11,237
Farm Credit East, ACA 7 7.26% $8,242
American Mortgage & Equity Consultants, Inc. 7 6.84% $12,695
FIRST COMMUNITY MORTGAGE, INC. 7 6.93% $9,351
AMERICAN FINANCIAL NETWORK, INC. 7 7.00% $9,463
BETTER MORTGAGE CORPORATION 7 6.30% $8,510
CARDINAL FINANCIAL 7 6.55% $6,487
Nations Lending Corporation 7 6.77% $7,432
Network Funding, L.P. 7 7.05% $4,849
Truist 6 6.52% $4,570
UniBank for Savings 6 6.18% $3,349
ZILLOW HOME LOANS, LLC 6 6.54% $7,739
NATIONS DIRECT MORTGAGE, LLC 6 7.40% $10,227
Mortgage Research Center, LLC 6 6.67% $8,292
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 7.20% $10,534
Quontic Bank 5 8.65% $10,183
Raymond James Bank 5 5.43% $7,880
Charles Schwab Bank, SSB 5 6.20% $3,513
LENDSURE MORTGAGE CORP. 5 8.37% $14,055
JMAC LENDING, INC. 5 7.38% $8,784
M&T Bank 5 6.35% $6,309
ROCKLAND 5 5.90% $3,533
Evolve Bank & Trust 4 6.91% $9,200
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 7.41% $19,211
Bank of England 4 7.25% $7,825
BMO Harris Bank 4 6.38% $5,650
BNY Mellon 4 5.97% $7,034
WILLIAM RAVEIS MORTGAGE, LLC 4 7.03% $11,081
PHH Mortgage Corporation 4 7.47% $7,884
Dedham Institution for Savings 4 5.84% $4,083
MEMBERS MORTGAGE COMPANY, INC. 4 6.13% $3,533
Cornerstone Bank 4 6.16% $3,732
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.22% $10,492
NJ LENDERS CORP. 4 7.00% $3,926
Commerce Home Mortgage, Inc. 4 8.59% $13,988
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 8.58% $9,073
First Savings Bank 3 6.33% $5,936
Stifel Bank and Trust 3 5.83% $4,614
MORTGAGE MARKETS CUSO, LLC 3 6.75% $4,676
SOMERSET 3 5.83% $3,834
The Central Trust Bank 3 6.00% $5,024
Goldman Sachs Bank USA 3 5.58% $6,974
KeyBank 3 5.96% $4,999
MLD MORTGAGE INC. 3 7.00% $3,963
CREDIT UNION MORTGAGE ASSOCIATION, INC. 3 6.96% $3,863
NATIONS RELIABLE LENDING, LLC 3 6.75% $16,717
Farmers Bank & Trust 3 6.79% $5,320
Avidia Bank 3 5.88% $5,851
Baxter Credit Union 3 6.83% $3,901
Chicago Mortgage Solutions LLC 2 5.60% $6,136
NATIONWIDE MORTGAGE BANKERS, INC. 2 6.50% $10,445
The Federal Savings Bank 2 7.19% $8,568
The Camden National Bank 2 6.25% $6,912
PeoplesBank 2 5.63% $7,975
NEW FED MORTGAGE, CORP. 2 7.06% $7,002
CorePlus Federal Credit Union 2 6.25% $3,577
Bar Harbor Bank & Trust 2 6.63% $4,774
City National Bank 2 5.34% $5,114
SIRVA MORTGAGE, INC. 2 5.81% $1,389
Bridgewater Savings Bank 2 6.18% $3,630
Wilmington Savings Fund Society, FSB 2 5.81% $9,716
FBC MORTGAGE, LLC 2 6.38% $6,762
OCMBC, INC. 2 9.19% $13,828
Westfield Bank 2 6.25% $6,056
AMERICAN INTERNET MORTGAGE, INC. 2 6.13% $6,147
AmeriHome Mortgage Company, LLC 2 7.19% $8,790
Liberty Bank 2 5.88% $3,080
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.56% $3,334
GUIDANCE RESIDENTIAL, LLC 2 7.06% $8,678
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 2 5.00% $3,045
A&D Mortgage LLC 2 6.50% $16,533
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.63% $6,287
United Nations Federal Credit Union 2 7.25% $7,878
ITHINK FINANCIAL Credit Union 2 7.19% $9,064
Ally Bank 2 5.25% $11,590
INTERSTATE HOME LOAN CENTER, INC. 2 7.50% $10,919
BNC National Bank 2 6.13% $5,309
EMM LOANS LLC 2 7.25% $7,464
HARVARD UNIVERSITY EMPLOYEES 2 7.06% $2,705
Kearny Bank 1 6.88% $3,238
Actors Federal Credit Union 1 5.50% $5,373
Advisors Mortgage Group, L.L.C. 1 6.63% $12,437
ALLIED MORTGAGE GROUP, INC. 1 8.13% $4,126
AMERICAN FINANCIAL RESOURCES, INC. 1 7.00% $10,397
AMERICAN FINANCING CORPORATION 1 6.50% $6,200
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.50% $8,900
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.99% $10,430
AMERITRUST MORTGAGE CORPORATION 1 9.63% $19,519
Bank-Fund Staff Federal Credit Union 1 5.13% $4,350
Bank of Whittier 1 6.88% $14,419
BAYSHORE MORTGAGE FUNDING, LLC 1 6.88% $8,332
Bethpage Federal Credit Union 1 7.63% $4,593
CALIBER HOME LOANS, INC. 1 7.13% $3,901
Capital Bank 1 6.50% $2,607
Carrington Mortgage Services, LLC 1 7.13% $10,522
CENTRAL ONE FEDERAL CREDIT UNION 1 5.87% $2,749
Century Mortgage Company DBA Century Lending Company 1 6.99% $12,450
COMMUNITY CREDIT UNION OF LYNN 1 5.50% $3,766
DELMAR FINANCIAL COMPANY 1 7.50% $5,218
DREW MORTGAGE ASSOCIATES, INC. 1 7.13% $4,299
Fifth Third Bank 1 6.99% $5,104
FINANCIAL RESOURCES FEDERAL CREDIT UNION 1 6.25% $3,373
FirstBank 1 6.50% $5,105
First-Citizens Bank & Trust Company 1 4.88% $5,732
First Federal Bank 1 6.88% $12,597
First Horizon Bank 1 6.00% $4,783
FIRST MORTGAGE COMPANY, INC. 1 6.63% $4,730
First National Bank of America 1 9.28% $15,242
Firstrust Savings Bank 1 6.75% $6,910
First State Community Bank 1 7.00% $3,844
FM Home Loans, LLC 1 6.50% $12,869
GuardHill Financial Corp. 1 6.75% $7,880
Heritage Bank 1 6.13% $4,337
HOMESTEAD FUNDING CORP. 1 7.13% $2,485
Hometown Equity Mortgage, LLC 1 7.50% $11,563
HOMEXPRESS MORTGAGE CORP. 1 8.38% $23,882
ACADEMY MORTGAGE CORPORATION 1 6.38% $11,603
Keystone Funding, Inc. 1 8.50% $3,677
KINECTA 1 5.50% $13,664
LENDING CAPITAL GROUP Inc 1 7.00% $7,857
Magnolia Bank 1 6.88% $11,283
MID AMERICA MORTGAGE, INC. 1 7.13% $4,985
MORTGAGE ACCESS CORP. 1 7.38% $7,655
North American Savings Bank, F.S.B. 1 6.88% $7,674
NP, Inc. 1 8.99% $170
OAKTREE FUNDING CORP. 1 9.25% $6,064
Old Second National Bank 1 8.00% $3,620
PENTAGON FEDERAL CREDIT UNION 1 6.88% $3,744
Plains Commerce Bank 1 7.13% $4,482
PLAZA HOME MORTGAGE, INC. 1 6.13% $15,356
POLISH NATIONAL 1 5.13% $3,343
PREMIA MORTGAGE, LLC 1 6.25% $3,402
RBC Bank, (Georgia) 1 5.75% $6,411
Ross Mortgage Company, Inc. 1 7.63% $4,273
SOUTHCOAST FEDERAL CREDIT UNION 1 6.25% $2,770
Southern Mass Credit Union 1 8.00% $5,108
Sunflower Bank 1 6.13% $5,855
TEACHERS 1 6.13% $5,077
The Bank of Canton 1 6.13% $8,506
The Northern Trust Company 1 5.50% $5,979
The Union Bank Company 1 7.50% $3,486
UNIFY FINANCIAL Credit Union 1 6.25% $3,776
UNION HOME MORTGAGE CORP. 1 5.63% $2,849
Valley National Bank 1 7.63% $15,614
VILLAGE CAPITAL MORTGAGE 1 7.38% $3,191
WEBSTER FIRST Federal Credit Union 1 6.38% $4,275
Webster Five Cents Savings Bank 1 7.00% $3,950
Westport Federal Credit Union 1 6.25% $3,290

Rhode Island Average Closing Costs & Other Stats

Rhode Island's 241 lenders originated 20,621 loans during 2023. The total origination value was $5,990,335,000, with an average loan value of $290,497.

Rhode Island's average closing costs are $5,563.

The top Rhode Island lender as defined by loan originations is Navigant Credit Union, with 453 loans originated. Their average total fees are $3,526, which is $2,549 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee Rhode Island lenders (with over 10 loans originated) are OCEAN STATE CREDIT UNION ($2,891), Charter Oak Federal Credit Union ($2,904), Milford Federal Bank ($3,466), Navigant Credit Union ($3,526) and PAWTUCKET ($3,719).

The lowest rate Rhode Island lenders (with over 10 loans originated) are Charter Oak Federal Credit Union (5.01%), OCEAN STATE CREDIT UNION (5.53%), St. Anne's Credit Union of Fall River, Mass. (5.54%), Centreville Bank (5.64%) and Easthampton Savings Bank (5.80%).

Rhode Island Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Citizens Bank $730,525,000 $517,125,000 -29.2% 8.6%
Navigant Credit Union $469,955,000 $345,085,000 -26.6% 5.8%
MOVEMENT MORTGAGE, LLC $338,030,000 $318,750,000 -5.7% 5.3%
The Washington Trust Company, of Westerly $337,055,000 $224,695,000 -33.3% 3.8%
PAWTUCKET $379,985,000 $203,900,000 -46.3% 3.4%
NFM, INC. $269,685,000 $198,485,000 -26.4% 3.3%
BankNewport $242,205,000 $188,540,000 -22.2% 3.1%
Centreville Bank $143,405,000 $180,220,000 25.7% 3.0%
QUICKEN LOANS, LLC $304,990,000 $163,400,000 -46.4% 2.7%
Shamrock Home Loans, Inc. $140,400,000 $138,575,000 -1.3% 2.3%
Bank Rhode Island $238,365,000 $128,950,000 -45.9% 2.2%
GUILD MORTGAGE COMPANY $149,700,000 $118,375,000 -20.9% 2.0%
BAYCOAST MORTGAGE COMPANY, LLC $203,280,000 $117,160,000 -42.4% 2.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $128,355,000 $107,460,000 -16.3% 1.8%
Semper Home Loans, Inc. $123,595,000 $106,210,000 -14.1% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $172,440,000 $105,510,000 -38.8% 1.8%
Bank of America $199,835,000 $92,275,000 -53.8% 1.5%
Northpointe Bank $165,025,000 $90,390,000 -45.2% 1.5%
Eastern Bank $77,650,000 $81,305,000 4.7% 1.4%
GUARANTEED RATE, INC. $164,330,000 $70,925,000 -56.8% 1.2%
JPMorgan Chase Bank $116,095,000 $67,240,000 -42.1% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $124,290,000 $67,215,000 -45.9% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $82,620,000 $64,910,000 -21.4% 1.1%
BERKELEY POINT CAPITAL LLC $24,415,000 $62,100,000 154.4% 1.0%
WALKER & DUNLOP, LLC $108,320,000 $55,065,000 -49.2% 0.9%
TOTAL MORTGAGE SERVICES, LLC $87,250,000 $53,390,000 -38.8% 0.9%
RF Renovo Management Company, LLC $58,285,000 $52,945,000 -9.2% 0.9%
MORTGAGE EQUITY PARTNERS LLC $9,810,000 $50,745,000 417.3% 0.8%
PROVINCE MORTGAGE ASSOCIATES, INC. $76,310,000 $50,495,000 -33.8% 0.8%
NAVY FEDERAL CREDIT UNION $80,255,000 $49,755,000 -38.0% 0.8%
HARBORONE MORTGAGE, LLC $96,980,000 $47,840,000 -50.7% 0.8%
Home Loan Investment Bank, F.S.B. $66,470,000 $47,790,000 -28.1% 0.8%
Webster Bank $115,500,000 $47,580,000 -58.8% 0.8%
LOANDEPOT.COM, LLC $100,155,000 $46,975,000 -53.1% 0.8%
GREENWOOD $61,505,000 $44,650,000 -27.4% 0.7%
NEWREZ LLC $38,960,000 $43,080,000 10.6% 0.7%
TD Bank $127,595,000 $40,310,000 -68.4% 0.7%
Fall River Five Cents Savings Bank $64,415,000 $35,965,000 -44.2% 0.6%
Mortgage Research Center, LLC $55,765,000 $35,820,000 -35.8% 0.6%
GUARANTEED RATE AFFINITY, LLC $95,300,000 $34,585,000 -63.7% 0.6%
The People's Credit Union $53,845,000 $33,100,000 -38.5% 0.6%
PENNYMAC LOAN SERVICES, LLC $71,400,000 $32,715,000 -54.2% 0.5%
BERKADIA COMMERCIAL MORTGAGE LLC $34,905,000 $30,470,000 -12.7% 0.5%
DIGITAL Federal Credit Union $59,885,000 $29,600,000 -50.6% 0.5%
U.S. Bank $46,675,000 $28,310,000 -39.3% 0.5%
Berkshire Bank $38,130,000 $27,875,000 -26.9% 0.5%
BayCoast Bank $110,360,000 $26,610,000 -75.9% 0.4%
Paramount Residential Mortgage Group, Inc. $26,075,000 $26,300,000 0.9% 0.4%
Morgan Stanley Private Bank $39,670,000 $24,965,000 -37.1% 0.4%
EMBRACE HOME LOANS, INC. $62,300,000 $24,145,000 -61.2% 0.4%
HarborOne Bank $57,345,000 $23,910,000 -58.3% 0.4%
Rockland Trust Company $123,935,000 $23,850,000 -80.8% 0.4%
Wells Fargo Bank $71,655,000 $23,505,000 -67.2% 0.4%
Leader Bank $52,345,000 $22,695,000 -56.6% 0.4%
Easthampton Savings Bank $7,145,000 $21,850,000 205.8% 0.4%
FIRST HOME MORTGAGE CORPORATION $25,015,000 $21,580,000 -13.7% 0.4%
Bristol County Savings Bank $101,270,000 $21,160,000 -79.1% 0.4%
CMG MORTGAGE, INC. $10,160,000 $20,395,000 100.7% 0.3%
Citibank $14,470,000 $20,185,000 39.5% 0.3%
Rhode Island Credit Union $32,925,000 $19,670,000 -40.3% 0.3%
HOMESPIRE MORTGAGE CORPORATION $25,220,000 $19,250,000 -23.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $58,060,000 $18,925,000 -67.4% 0.3%
FREEDOM MORTGAGE CORPORATION $67,630,000 $18,430,000 -72.7% 0.3%
Waterstone Mortgage Corporation $7,800,000 $16,550,000 112.2% 0.3%
Westfield Bank $835,000 $15,870,000 1,800.6% 0.3%
WASHINGTON TRUST MORTGAGE COMPANY LLC $35,680,000 $15,345,000 -57.0% 0.3%
Dime Bank $15,710,000 $15,115,000 -3.8% 0.3%
WESTERLY COMMUNITY $28,325,000 $14,425,000 -49.1% 0.2%
Flagstar Bank, FSB $143,940,000 $14,220,000 -90.1% 0.2%
DAS Acquisition Company, LLC $3,570,000 $14,155,000 296.5% 0.2%
Prudential Huntoon Paige Associates, LLC $41,635,000 $12,835,000 -69.2% 0.2%
USAA Federal Savings Bank $18,385,000 $12,705,000 -30.9% 0.2%
NORWICH COMMERCIAL GROUP, INC. $16,105,000 $12,600,000 -21.8% 0.2%
Needham Bank $915,000 $12,505,000 1,266.7% 0.2%
AMERISAVE MORTGAGE CORPORATION $50,880,000 $12,250,000 -75.9% 0.2%
BROKER SOLUTIONS, INC. $14,310,000 $11,900,000 -16.8% 0.2%
Milford Federal Bank $21,490,000 $11,435,000 -46.8% 0.2%
UBS Bank USA $21,855,000 $11,235,000 -48.6% 0.2%
Discover Bank $5,440,000 $11,060,000 103.3% 0.2%
NORTHPOINT MORTGAGE, INC. $10,010,000 $10,855,000 8.4% 0.2%
DOMINION FINANCIAL SERVICES, LLC $610,000 $10,705,000 1,654.9% 0.2%
Sierra Pacific Mortgage Company, Inc. $19,435,000 $10,685,000 -45.0% 0.2%
First Republic Bank $61,650,000 $10,595,000 -82.8% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $14,350,000 $10,440,000 -27.2% 0.2%
PNC Bank $10,305,000 $10,375,000 0.7% 0.2%
ARC HOME LLC $2,880,000 $10,230,000 255.2% 0.2%
Ixonia Bank $24,285,000 $9,860,000 -59.4% 0.2%
Chelsea Groton Bank $9,765,000 $9,555,000 -2.2% 0.2%
OCEAN STATE CREDIT UNION $18,000,000 $9,530,000 -47.1% 0.2%
American Mortgage & Equity Consultants, Inc. $9,400,000 n/a 0.2%
WAVE FEDERAL CREDIT UNION $9,620,000 $9,270,000 -3.6% 0.2%
Northern Bank & Trust Company $325,000 $8,805,000 2,609.2% 0.1%
SALEM FIVE MORTGAGE COMPANY, LLC $10,680,000 $8,560,000 -19.9% 0.1%
FINANCE OF AMERICA REVERSE LLC $11,390,000 $8,540,000 -25.0% 0.1%
Bridgewater Savings Bank $4,185,000 $8,295,000 98.2% 0.1%
St. Anne's Credit Union of Fall River, Mass. $8,270,000 $8,220,000 -0.6% 0.1%
The Huntington National Bank $2,535,000 $8,185,000 222.9% 0.1%
The Federal Savings Bank $16,825,000 $8,100,000 -51.9% 0.1%
OCMBC, INC. $15,080,000 $8,090,000 -46.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $8,045,000 n/a 0.1%
LEADERONE FINANCIAL CORPORATION $2,225,000 $7,965,000 258.0% 0.1%
BAY EQUITY LLC $4,440,000 $7,705,000 73.5% 0.1%
WALL STREET MORTGAGE BANKERS, LTD. $7,670,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $7,815,000 $7,605,000 -2.7% 0.1%
Avidia Bank $4,685,000 $7,475,000 59.6% 0.1%
RADIUS FINANCIAL GROUP INC. $9,270,000 $7,445,000 -19.7% 0.1%
Nations Lending Corporation $36,350,000 $7,440,000 -79.5% 0.1%
EVERETT FINANCIAL, INC. $20,535,000 $7,420,000 -63.9% 0.1%
Carrington Mortgage Services, LLC $14,300,000 $7,400,000 -48.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $35,745,000 $7,380,000 -79.4% 0.1%
Raymond James Bank $255,000 $7,345,000 2,780.4% 0.1%
RCN Capital, LLC $3,535,000 $7,230,000 104.5% 0.1%
NBKC BANK $4,595,000 $7,100,000 54.5% 0.1%
Charter Oak Federal Credit Union $7,470,000 $7,080,000 -5.2% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $14,695,000 $6,885,000 -53.1% 0.1%
ENVOY MORTGAGE, LTD $14,270,000 $6,680,000 -53.2% 0.1%
HOMEXPRESS MORTGAGE CORP. $3,690,000 $6,415,000 73.8% 0.1%
Princeton Mortgage Corporation $19,425,000 $6,260,000 -67.8% 0.1%
MutualOne Bank $6,015,000 n/a 0.1%
BNY Mellon $9,200,000 $6,005,000 -34.7% 0.1%
T2 FINANCIAL LLC $6,890,000 $5,950,000 -13.6% 0.1%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $3,710,000 $5,840,000 57.4% 0.1%
NATIONS DIRECT MORTGAGE, LLC $5,730,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $1,695,000 $5,720,000 237.5% 0.1%
CARDINAL FINANCIAL $12,670,000 $5,415,000 -57.3% 0.1%
Hometown Equity Mortgage, LLC $4,925,000 $5,380,000 9.2% 0.1%
Mechanics Cooperative Bank $6,880,000 $5,350,000 -22.2% 0.1%
CHURCHILL MORTGAGE CORPORATION $3,540,000 $5,215,000 47.3% 0.1%
Goldman Sachs Bank USA $17,500,000 $5,215,000 -70.2% 0.1%
BETTER MORTGAGE CORPORATION $23,190,000 $4,635,000 -80.0% 0.1%
UniBank for Savings $6,640,000 $4,495,000 -32.3% 0.1%
City National Bank $9,500,000 $4,430,000 -53.4% 0.1%
PENTAGON FEDERAL CREDIT UNION $12,170,000 $4,390,000 -63.9% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $3,000,000 $4,345,000 44.8% 0.1%
Commerce Home Mortgage, Inc. $1,065,000 $4,240,000 298.1% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $4,225,000 n/a 0.1%
Farm Credit East, ACA $1,620,000 $4,160,000 156.8% 0.1%
Dean Co-operative Bank $5,090,000 $4,140,000 -18.7% 0.1%
WEBSTER FIRST Federal Credit Union $560,000 $4,115,000 634.8% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $7,505,000 $3,995,000 -46.8% 0.1%
StonehamBank, A Co-operative Bank $15,740,000 $3,985,000 -74.7% 0.1%
Evolve Bank & Trust $5,585,000 $3,975,000 -28.8% 0.1%
Charles Schwab Bank, SSB $13,190,000 $3,930,000 -70.2% 0.1%
Prosperity Home Mortgage, LLC $5,950,000 $3,880,000 -34.8% 0.1%
SOMERSET $3,855,000 n/a 0.1%
M&T Bank $6,755,000 $3,850,000 -43.0% 0.1%
CIBM Bank $3,745,000 n/a 0.1%
A&D Mortgage LLC $1,520,000 $3,700,000 143.4% 0.1%
PeoplesBank $2,660,000 $3,515,000 32.1% 0.1%
FIRST MORTGAGE COMPANY, INC. $5,050,000 $3,415,000 -32.4% 0.1%
JMAC LENDING, INC. $3,330,000 n/a 0.1%
Stifel Bank and Trust $6,400,000 $3,280,000 -48.8% 0.1%
EMM LOANS LLC $8,830,000 $3,270,000 -63.0% 0.1%
BMO Harris Bank $3,155,000 n/a 0.1%
The Camden National Bank $4,870,000 $3,110,000 -36.1% 0.1%
FALL RIVER MUNICIPAL CREDIT UNION $1,940,000 $3,075,000 58.5% 0.1%
ZILLOW HOME LOANS, LLC $4,345,000 $3,060,000 -29.6% 0.1%
NATIONS RELIABLE LENDING, LLC $3,030,000 n/a 0.1%
First Savings Bank $2,600,000 $2,975,000 14.4% 0.0%
PHH Mortgage Corporation $3,825,000 $2,970,000 -22.4% 0.0%
AMWEST FUNDING CORP. $1,655,000 $2,895,000 74.9% 0.0%
Jewett City Savings Bank $5,515,000 $2,895,000 -47.5% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $650,000 $2,885,000 343.8% 0.0%
Dedham Institution for Savings $835,000 $2,855,000 241.9% 0.0%
ROCKLAND $1,300,000 $2,780,000 113.8% 0.0%
Cornerstone Bank $2,390,000 $2,680,000 12.1% 0.0%
VILLAGE CAPITAL MORTGAGE $4,240,000 $2,675,000 -36.9% 0.0%
Windosr Federal Savings & Loan Association $2,645,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $475,000 $2,630,000 453.7% 0.0%
LIMA ONE CAPITAL, LLC $2,555,000 $2,580,000 1.0% 0.0%
WILLIAM RAVEIS MORTGAGE, LLC $2,880,000 $2,470,000 -14.2% 0.0%
Truist $2,345,000 $2,460,000 4.9% 0.0%
Citadel Servicing Corporation $580,000 $2,455,000 323.3% 0.0%
TAUNTON FEDERAL CREDIT UNION $2,065,000 $2,415,000 16.9% 0.0%
SPRING EQ, LLC $6,855,000 $2,385,000 -65.2% 0.0%
Network Funding, L.P. $6,225,000 $2,270,000 -63.5% 0.0%
Quontic Bank $10,305,000 $2,250,000 -78.2% 0.0%
Liberty Bank $1,990,000 $2,225,000 11.8% 0.0%
LENDSURE MORTGAGE CORP. $9,140,000 $2,180,000 -76.1% 0.0%
RBC Bank, (Georgia) $2,115,000 n/a 0.0%
GENEVA FINANCIAL, LLC $3,960,000 $2,050,000 -48.2% 0.0%
Magnolia Bank $650,000 $2,030,000 212.3% 0.0%
Figure Lending LLC $4,665,000 $2,025,000 -56.6% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,360,000 $2,010,000 47.8% 0.0%
The Central Trust Bank $1,245,000 $2,000,000 60.6% 0.0%
Baxter Credit Union $670,000 $1,995,000 197.8% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $2,165,000 $1,965,000 -9.2% 0.0%
Wilmington Savings Fund Society, FSB $1,865,000 n/a 0.0%
Sharon & Crescent United Credit Union $5,850,000 $1,855,000 -68.3% 0.0%
Southern Mass Credit Union $7,760,000 $1,835,000 -76.4% 0.0%
HANSCOM $12,245,000 $1,815,000 -85.2% 0.0%
Commercial Lender LLC $685,000 $1,750,000 155.5% 0.0%
Southern States Bank $1,725,000 n/a 0.0%
BLACKSTONE RIVER FEDERAL CREDIT UNION $3,280,000 $1,705,000 -48.0% 0.0%
KeyBank $7,780,000 $1,675,000 -78.5% 0.0%
Equity Prime Mortgage LLC $5,830,000 $1,670,000 -71.4% 0.0%
Main Street Bank $1,345,000 $1,640,000 21.9% 0.0%
NP, Inc. $235,000 $1,615,000 587.2% 0.0%
POLARIS HOME FUNDING CORP. $1,610,000 n/a 0.0%
MEMBERS MORTGAGE COMPANY, INC. $3,890,000 $1,595,000 -59.0% 0.0%
PLAZA HOME MORTGAGE, INC. $2,815,000 $1,555,000 -44.8% 0.0%
Salem Five Cents Savings Bank $975,000 $1,515,000 55.4% 0.0%
Charles River Bank $1,180,000 $1,495,000 26.7% 0.0%
DEEPHAVEN MORTGAGE LLC $1,740,000 $1,495,000 -14.1% 0.0%
SILVER HILL FUNDING, LLC $5,290,000 $1,455,000 -72.5% 0.0%
Logan Finance Corporation $1,440,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $4,790,000 $1,425,000 -70.3% 0.0%
The Bank of Canton $275,000 $1,355,000 392.7% 0.0%
ITHINK FINANCIAL Credit Union $3,090,000 $1,310,000 -57.6% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $13,305,000 $1,295,000 -90.3% 0.0%
United Nations Federal Credit Union $1,335,000 $1,290,000 -3.4% 0.0%
NEW FED MORTGAGE, CORP. $7,040,000 $1,270,000 -82.0% 0.0%
Barrington Bank & Trust Company, N.A. $4,365,000 $1,260,000 -71.1% 0.0%
First-Citizens Bank & Trust Company $1,255,000 n/a 0.0%
MLD MORTGAGE INC. $2,800,000 $1,250,000 -55.4% 0.0%
NJ LENDERS CORP. $365,000 $1,240,000 239.7% 0.0%
GuardHill Financial Corp. $325,000 $1,225,000 276.9% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $1,900,000 $1,200,000 -36.8% 0.0%
Valley National Bank $1,195,000 n/a 0.0%
Peoples Bank $1,145,000 n/a 0.0%
PREMIA MORTGAGE, LLC $1,345,000 $1,130,000 -16.0% 0.0%
Bethpage Federal Credit Union $445,000 $1,105,000 148.3% 0.0%
BNC National Bank $3,785,000 $1,100,000 -70.9% 0.0%
FirstBank $3,105,000 $1,080,000 -65.2% 0.0%
Farmers Bank & Trust $1,090,000 $1,075,000 -1.4% 0.0%
First Federal Bank $1,350,000 $1,075,000 -20.4% 0.0%
Bank of England $4,745,000 $1,040,000 -78.1% 0.0%
UNIFY FINANCIAL Credit Union $45,000 $975,000 2,066.7% 0.0%
Cathay Bank $970,000 n/a 0.0%
HARVARD UNIVERSITY EMPLOYEES $2,480,000 $960,000 -61.3% 0.0%
The Cape Cod Five Cents Savings Bank $1,105,000 $950,000 -14.0% 0.0%
DREW MORTGAGE ASSOCIATES, INC. $2,135,000 $930,000 -56.4% 0.0%
USAlliance Federal Credit Union $1,795,000 $915,000 -49.0% 0.0%
KINECTA $885,000 n/a 0.0%
Bar Harbor Bank & Trust $860,000 n/a 0.0%
Chicago Mortgage Solutions LLC $6,470,000 $860,000 -86.7% 0.0%
Capital Bank $840,000 n/a 0.0%
The Union Bank Company $600,000 $830,000 38.3% 0.0%
MORTGAGE MARKETS CUSO, LLC $590,000 $825,000 39.8% 0.0%
FBC MORTGAGE, LLC $680,000 $820,000 20.6% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,065,000 $810,000 -60.8% 0.0%
MID AMERICA MORTGAGE, INC. $1,075,000 $810,000 -24.7% 0.0%
MountainOne Bank $10,845,000 $805,000 -92.6% 0.0%
The Northern Trust Company $365,000 $805,000 120.5% 0.0%
AMERICAN HERITAGE LENDING, INC. $510,000 $785,000 53.9% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $285,000 $770,000 170.2% 0.0%
First National Bank of America $245,000 $745,000 204.1% 0.0%
FM Home Loans, LLC $725,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $420,000 $705,000 67.9% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,100,000 $680,000 -38.2% 0.0%
TOWNE MORTGAGE COMPANY $675,000 n/a 0.0%
South Shore Bank $660,000 n/a 0.0%
Heritage Bank $655,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $4,005,000 $650,000 -83.8% 0.0%
CENTRAL ONE FEDERAL CREDIT UNION $1,045,000 $645,000 -38.3% 0.0%
GUIDANCE RESIDENTIAL, LLC $2,985,000 $630,000 -78.9% 0.0%
INTERSTATE HOME LOAN CENTER, INC. $630,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $630,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $615,000 n/a 0.0%
SIRVA MORTGAGE, INC. $1,135,000 $610,000 -46.3% 0.0%
MORTGAGE ACCESS CORP. $520,000 $605,000 16.3% 0.0%
Plains Commerce Bank $895,000 $605,000 -32.4% 0.0%
Armed Forces Bank $555,000 $595,000 7.2% 0.0%
WRENTHAM CO-OPERATIVE BANK $595,000 n/a 0.0%
Bay State Savings Bank $555,000 n/a 0.0%
AMERITRUST MORTGAGE CORPORATION $545,000 n/a 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $545,000 n/a 0.0%
Ally Bank $4,435,000 $540,000 -87.8% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $285,000 $530,000 86.0% 0.0%
AMERICAN FINANCING CORPORATION $4,935,000 $520,000 -89.5% 0.0%
AmeriHome Mortgage Company, LLC $2,340,000 $520,000 -77.8% 0.0%
ONY GLO, INC. $520,000 n/a 0.0%
SOUTHCOAST FEDERAL CREDIT UNION $245,000 $520,000 112.2% 0.0%
Fulton Bank $515,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $515,000 n/a 0.0%
NexBank $1,420,000 $505,000 -64.4% 0.0%
OAKTREE FUNDING CORP. $425,000 $505,000 18.8% 0.0%
Alden Credit Union $495,000 n/a 0.0%
FIRST WORLD MORTGAGE CORPORATION $1,260,000 $485,000 -61.5% 0.0%
CONWAY FINANCIAL SERVICES, LLC $1,145,000 $475,000 -58.5% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,660,000 $460,000 -90.1% 0.0%
CorePlus Federal Credit Union $220,000 $440,000 100.0% 0.0%
SCIENT Federal Credit Union $1,230,000 $430,000 -65.0% 0.0%
RESIDENTIAL BANCORP $425,000 n/a 0.0%
Bank of Whittier $415,000 n/a 0.0%
CALIBER HOME LOANS, INC. $80,135,000 $415,000 -99.5% 0.0%
FIRST CITIZENS' FEDERAL CREDIT UNION $335,000 $410,000 22.4% 0.0%
HUDSON HERITAGE $405,000 n/a 0.0%
Actors Federal Credit Union $690,000 $395,000 -42.8% 0.0%
MID-ISLAND MORTGAGE CORP. $1,010,000 $395,000 -60.9% 0.0%
Webster Five Cents Savings Bank $685,000 $395,000 -42.3% 0.0%
FINANCIAL RESOURCES FEDERAL CREDIT UNION $385,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $3,040,000 $385,000 -87.3% 0.0%
Cape Cod Co-operative Bank $345,000 $375,000 8.7% 0.0%
ACADEMY MORTGAGE CORPORATION $1,505,000 $365,000 -75.7% 0.0%
Bank-Fund Staff Federal Credit Union $305,000 $365,000 19.7% 0.0%
LENDING CAPITAL GROUP Inc $365,000 n/a 0.0%
First State Community Bank $345,000 n/a 0.0%
Ross Mortgage Company, Inc. $2,075,000 $345,000 -83.4% 0.0%
Stoughton Co-Operative Bank $175,000 $340,000 94.3% 0.0%
Advisors Mortgage Group, L.L.C. $445,000 $335,000 -24.7% 0.0%
AmRes Corporation $335,000 n/a 0.0%
First IC Corporation $335,000 n/a 0.0%
MERRIMACK VALLEY $675,000 $335,000 -50.4% 0.0%
DELMAR FINANCIAL COMPANY $285,000 $325,000 14.0% 0.0%
First Internet Bank of Indiana $1,390,000 $315,000 -77.3% 0.0%
Millbury National Bank $305,000 n/a 0.0%
PLANET HOME LENDING, LLC $1,905,000 $305,000 -84.0% 0.0%
RTN FEDERAL CREDIT UNION $1,305,000 $305,000 -76.6% 0.0%
Abbott Laboratories Employees Credit Union $295,000 n/a 0.0%
Fifth Third Bank $295,000 n/a 0.0%
MASS BAY Credit Union $315,000 $295,000 -6.3% 0.0%
OCEANSIDE MORTGAGE COMPANY $175,000 $295,000 68.6% 0.0%
Signature Federal Credit Union $290,000 n/a 0.0%
COMMUNITY CREDIT UNION OF LYNN $315,000 $275,000 -12.7% 0.0%
Keystone Funding, Inc. $265,000 n/a 0.0%
Service Federal Credit Union $2,005,000 $260,000 -87.0% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $1,465,000 $255,000 -82.6% 0.0%
N R L Federal Credit Union $105,000 $255,000 142.9% 0.0%
Connexus Credit Union $250,000 n/a 0.0%
Metrowest Community Federal Credit Union $250,000 n/a 0.0%
Firstrust Savings Bank $1,355,000 $245,000 -81.9% 0.0%
TEACHERS $245,000 n/a 0.0%
FINEX CREDIT UNION $220,000 n/a 0.0%
POLISH NATIONAL $1,220,000 $215,000 -82.4% 0.0%
Westport Federal Credit Union $100,000 $215,000 115.0% 0.0%
North American Savings Bank, F.S.B. $3,760,000 $205,000 -94.5% 0.0%
QUORUM FEDERAL CREDIT UNION $1,720,000 $195,000 -88.7% 0.0%
Kearny Bank $185,000 n/a 0.0%
Presidential Bank, FSB $185,000 n/a 0.0%
First Horizon Bank $1,415,000 $175,000 -87.6% 0.0%
HOLYOKE $175,000 n/a 0.0%
Old Second National Bank $165,000 n/a 0.0%
STANFORD Federal Credit Union $500,000 $155,000 -69.0% 0.0%
Sunflower Bank $155,000 $155,000 0.0% 0.0%
American Airlines Federal Credit Union $185,000 $145,000 -21.6% 0.0%
The Dutch Point Credit Union, Inc. $135,000 n/a 0.0%
LIBERTY BAY CREDIT UNION $1,325,000 $120,000 -90.9% 0.0%
UNION HOME MORTGAGE CORP. $2,440,000 $115,000 -95.3% 0.0%
Brookline Bank $139,295,000 $105,000 -99.9% 0.0%
FIRST ATLANTIC FEDERAL CREDIT UNION $105,000 n/a 0.0%
GFA Federal Credit Union $640,000 $105,000 -83.6% 0.0%
WINGS FINANCIAL $105,000 n/a 0.0%
Southwest Airlines Federal Credit Union $35,000 $100,000 185.7% 0.0%
New Bedford Credit Union $285,000 $95,000 -66.7% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $300,000 $75,000 -75.0% 0.0%
AFL CIO EMPLOYEES FEDERAL CREDIT UNION $45,000 $55,000 22.2% 0.0%
EASTERN CONNECTICUT SAVINGS BANK $680,000 $45,000 -93.4% 0.0%

Rhode Island's top lender by overall market share is Citizens Bank, with 8.6% market share. In second place, with 5.8%, is Navigant Credit Union, having originated $345,085,000 in loans. In third place, with 5.3%, is MOVEMENT MORTGAGE, LLC, having originated $318,750,000 in loans. In fourth place, with 3.8%, is The Washington Trust Company, of Westerly, having originated $224,695,000 in loans. In fifth place, with 3.4%, is PAWTUCKET, having originated $203,900,000 in loans.

Rhode Island Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 9,189 $3,789,825,000 $412,431
Home Improvement 3,545 $436,625,000 $123,166
Other 2,734 $382,080,000 $139,751
Refi 2,691 $762,305,000 $283,279
Cash Out Refi 2,462 $619,500,000 $251,625

Rhode Island's most frequently cited loan purpose was Home Purchase, with 9,189 originations. The 2nd most popular reason was Home Improvement, with 3,545 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 6,884 $2,379,420,000 $345,645
7-8% 5,488 $1,503,450,000 $273,952
Over 8% 3,896 $646,330,000 $165,896
5-6% 3,312 $1,104,960,000 $333,623
4-5% 557 $237,315,000 $426,059
3-4% 289 $46,625,000 $161,332
<2.5% 48 $1,810,000 $37,708
2.5-3% 30 $9,480,000 $316,000

During 2023, Rhode Island's most frequently originated rate bucket was 6-7%, with 6,884 originations.

Loan Sizing (Rhode Island MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 7,430 $2,220,390,000 $298,841
$100,000 or less 5,015 $267,655,000 $53,371
$100k-200k 3,880 $534,730,000 $137,817
$400k-600k 3,038 $1,438,010,000 $473,341
$600k-1000k 918 $664,080,000 $723,399
$Over $1MM 340 $865,470,000 $2,545,500

Rhode Island's loan sizing saw the bucket of loans from $200k-400k with 7,430 originations, totaling $2,220,390,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 5,596 $2,263,650,000 $404,512
Under 20% 4,632 $317,160,000 $68,472
60-80% 3,829 $1,808,705,000 $472,370
20-40% 3,610 $622,000,000 $172,299
40-60% 2,066 $793,180,000 $383,921
Over 100% 145 $70,155,000 $483,828

Rhode Island's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,596 originations, totaling $2,263,650,000 in origination value.