Lender profile · HMDA 2023–2025
Bank Rhode Island mortgage approval rates & lending data
Bank Rhode Island decided 865 mortgage applications and funded 604 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 68% | 102 / 150 | 100% | $355K | 102 |
| Home improvement loans | 63% | 215 / 339 | 99% | $105K | 212 |
| Refinance | 76% | 205 / 268 | 98% | $155K | 200 |
| Investment property purchase | 98% | 51 / 52 | 100% | $345K | 51 |
| Investment refinance | 73% | 27 / 37 | 100% | $425K | 27 |
Bank Rhode Island lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 70% | $155K | 789 | 543 |
| Massachusetts | 79% | $275K | 66 | 52 |
| Florida | 83% | $675K | 6 | 5 |
| Connecticut | 100% | $405K | 2 | 2 |
| Minnesota | 100% | $1.10M | 1 | 1 |
| North Carolina | 100% | $245K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.