# WASHINGTON TRUST MORTGAGE COMPANY LLC

> **Canonical URL:** https://saferate.com/lenders/washington-trust-mortgage-company


> **📋 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


WASHINGTON TRUST MORTGAGE COMPANY LLC is a independent mortgage company, headquartered in WARWICK, RI, serving borrowers across 4 states, with 489 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 47% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 52% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300L0OVX5O63S8C68
- **Headquarters:** WARWICK, RI
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** CT, MA, NH, RI
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 48/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.126%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,601
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 489
- **Dollar Volume:** $258 million
- **Applications Received:** 771
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $526,984
- **Average Borrower Income:** $233,027
- **Average Property Value:** $805,573

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 438 | +0.116% | $1,703 | Sound ☺️ |
| Jumbo | 73/100 | 51 | +0.224% | $611 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 380 loans, Score: 56/100 (Sound)
- Refinance: 58 loans, Score: 52/100 (Sound)

**Jumbo:**
- Purchase: 43 loans, Score: 74/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 56/100 | 423 | $222M | +0.147% | Sound ☺️ |
| Refinance | 52/100 | 66 | $35M | -0.018% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 338 | 0.56% | 80/100 |
| CT | 96 | 0.28% | 68/100 |
| RI | 42 | 0.39% | 62/100 |
| NH | 13 | 0.08% | 45/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 156 | 77/100 |
| Boston, MA | MA | 118 | 75/100 |
| Hartford | CT | 68 | 68/100 |
| Providence | RI-MA | 51 | 64/100 |
| Worcester, MA | MA | 40 | 66/100 |
| Non |  | 12 | 22/100 |

## Where This Lender Ranks

WASHINGTON TRUST MORTGAGE COMPANY LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Hartford for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#10** in Hartford for Jumbo Loans
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/jumbo-loans)
- 🏆 **#13** in Connecticut for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#14** in Boston, MA for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#16** in Rhode Island Mortgage Companies
  - [View Full Rankings](https://saferate.com/rhode-island/best-mortgage-lenders/mortgage-companies)
- 🏆 **#17** in Cambridge for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#19** in Hartford Mortgage Companies
  - [View Full Rankings](https://saferate.com/hartford/best-mortgage-lenders/mortgage-companies)
- 🏆 **#19** in Providence Mortgage Companies
  - [View Full Rankings](https://saferate.com/providence/best-mortgage-lenders/mortgage-companies)

## Frequently Asked Questions

### What loan types does WASHINGTON TRUST MORTGAGE COMPANY LLC offer?

WASHINGTON TRUST MORTGAGE COMPANY LLC offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does WASHINGTON TRUST MORTGAGE COMPANY LLC offer mortgages?

WASHINGTON TRUST MORTGAGE COMPANY LLC offers mortgages in 4 states: CT, MA, NH, RI.

### How competitive are WASHINGTON TRUST MORTGAGE COMPANY LLC's mortgage rates?

WASHINGTON TRUST MORTGAGE COMPANY LLC has a pricing score of 53/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.126% above market average.

### What type of lender is WASHINGTON TRUST MORTGAGE COMPANY LLC?

WASHINGTON TRUST MORTGAGE COMPANY LLC is a non-depository lender that specializes in mortgage origination, headquartered in WARWICK, RI.

### What is WASHINGTON TRUST MORTGAGE COMPANY LLC's loan approval success rate?

WASHINGTON TRUST MORTGAGE COMPANY LLC has a pull-through score of 48/100 (Sound). 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/washington-trust-mortgage-company

### How to Cite

> "WASHINGTON TRUST MORTGAGE COMPANY LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/washington-trust-mortgage-company

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