# Centreville Bank

> **Canonical URL:** https://saferate.com/lenders/centreville-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Centreville Bank is a bank, headquartered in West Warwick, RI, serving borrowers across 3 states, with 257 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 15% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 36% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300Q4BYXP7YD9UI61
- **Headquarters:** West Warwick, RI
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** CT, MA, RI
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 85/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.369%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $849
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 257
- **Dollar Volume:** $110 million
- **Applications Received:** 345
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $428,346
- **Average Borrower Income:** $188,132
- **Average Property Value:** $629,786

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 54/100 | 233 | -0.400% | $878 | Sound ☺️ |
| Jumbo | 68/100 | 18 | -0.128% | $740 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 212 loans, Score: 55/100 (Sound)
- Refinance: 21 loans, Score: 38/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 234 | $102M | -0.413% | Sound ☺️ |
| Refinance | 37/100 | 23 | $8M | +0.040% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| RI | 199 | 1.86% | 87/100 |
| CT | 32 | 0.09% | 56/100 |
| MA | 26 | 0.04% | 51/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Providence | RI-MA | 208 | 87/100 |
| Non |  | 20 | 31/100 |

## Where This Lender Ranks

Centreville Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Rhode Island Banks
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/banks)
- 🥈 **#2** in Providence Banks
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/banks)
- 🥈 **#2** in Rhode Island
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders)
- 🥈 **#2** in Rhode Island for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Providence
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders)
- 🏆 **#5** in Providence for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#5** in Rhode Island for FHA Loans
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/fha-loans)
- 🏆 **#5** in Rhode Island for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Providence for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#9** in Providence for FHA Loans
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/fha-loans)
- 🏆 **#9** in Rhode Island for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Rhode Island for Jumbo Loans
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/jumbo-loans)
- 🏆 **#10** in Providence for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Providence for Jumbo Loans
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/jumbo-loans)
- 🏆 **#16** in Rhode Island for Conventional Loans
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in Providence for Conventional Loans
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Centreville Bank offer?

Centreville Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Centreville Bank offer mortgages?

Centreville Bank offers mortgages in 3 states: CT, MA, RI.

### How competitive are Centreville Bank's mortgage rates?

Centreville Bank has a pricing score of 85/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.369% below market average.

### What type of lender is Centreville Bank?

Centreville Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in West Warwick, RI.

### What is Centreville Bank's loan approval success rate?

Centreville Bank has a pull-through score of 64/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/centreville-bank

### How to Cite

> "Centreville Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/centreville-bank

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