Safe Rate Rankings

Best Mortgage Lenders in Rhode Island

Updated June 4, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders105
Total Loans10,225
Median Rate Spread0.22%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
NAVIGANT CREDIT UNION
Credit UnionDirect
Exceptional
Exceptional
Strong
Exceptional
$814Fees
0.345%Below
561
2
BAYCOAST MORTGAGE COMPANY, LLC
Independent Mortgage CompanyDirect
Exceptional
Strong
Strong
Exceptional
$989Fees
0.041%Below
305
3
The Washington Trust Company, of Westerly
BankDirect
Strong
Strong
Strong
Exceptional
$1,478Fees
0.197%Below
396
4
Centreville Bank
BankDirect
Strong
Exceptional
Strong
Exceptional
$854Fees
0.387%Below
199
5
COASTAL1 Credit Union
Credit UnionDirect
Strong
Strong
Strong
Exceptional
$783Fees
0.042%Below
175
6
Fall River Five Cents Savings Bank
BankDirect
Strong
Exceptional
Strong
Strong
$1,535Fees
0.039%Above
83
7
Leader Bank, National Association
BankDirect
Strong
Exceptional
Strong
Strong
$989Fees
0.039%Below
90
8
NAVY FEDERAL CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Sound
Strong
$617Fees
0.522%Below
129
9
UNITED WHOLESALE MORTGAGE, LLC
Independent Mortgage CompanyWholesale
Strong
Sound*
Exceptional
Exceptional
$3,108Fees
0.191%Above
343
10
ROCKET MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
$4,958Fees
0.283%Above
592
11
Citizens Bank, National Association
BankDirect
Strong
Strong
Strong
Exceptional
$2,027Fees
0.022%Above
233
12
U.S. Bank National Association
BankDirect
Strong
Strong
Strong
Strong
$732Fees
0.001%Below
99
13
Bank of America, National Association
BankDirect
Strong
Strong
Strong
Strong
$2,063Fees
0.125%Below
89
14
Morgan Stanley Private Bank, National Association
BankDirect
Strong
Exceptional
Strong
Sound
$215Fees
0.393%Below
31
15
MOVEMENT MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$2,501Fees
0.334%Above
784
16
NBKC BANK
BankDirect
Strong
Exceptional
Sound
Sound
$768Fees
0.138%Below
32
17
Berkshire Bank
BankDirect
Strong
Exceptional
Strong
Sound
$1,216Fees
0.198%Below
27
18
NFM, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$4,361Fees
0.641%Above
522
19
CMG MORTGAGE, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$2,931Fees
0.550%Above
386
20
LOANDEPOT.COM, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$4,089Fees
0.498%Above
200
21
BankNewport
BankDirect
Strong
Sound
Sound
Exceptional
$1,202Fees
0.162%Above
168
22
HARBORONE MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Sound
Strong
Strong
$2,646Fees
0.242%Above
106
23
WESTERLY COMMUNITY
Credit UnionDirect
Strong
Exceptional
Acceptable
Strong
$1,091Fees
0.233%Below
49
24
RELIANCE FIRST CAPITAL, LLC
Independent Mortgage CompanyDirect
Strong
Exceptional
Sound
26
25
GUILD MORTGAGE COMPANY LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$2,589Fees
0.309%Above
366
26
Bristol County Savings Bank
BankDirect & Wholesale
Strong
Strong*
Strong
Strong
$678Fees
0.042%Below
36
27
Easthampton Savings Bank
BankDirect
Strong
Strong
Strong
Sound
$680Fees
0.053%Above
34
28
PROVINCE MORTGAGE ASSOCIATES, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$3,487Fees
0.458%Above
220
29
Eastern Bank
BankDirect
Strong
Strong
Sound
Sound
$1,391Fees
0.010%Below
31
30
Northpointe Bank
BankDirect
Strong
Sound
Strong
Strong
$3,402Fees
0.310%Above
170
31
JPMorgan Chase Bank, National Association
BankDirect & Wholesale
Strong
Sound*
Strong
Strong
$2,234Fees
0.090%Above
103
32
FREEDOM MORTGAGE CORPORATION
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$3,049Fees
0.627%Above
82
33
Bank Rhode Island
BankDirect
Strong
Exceptional
Acceptable
Strong
$552Fees
0.073%Below
55
34
PENNYMAC LOAN SERVICES, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Strong
$1,424Fees
0.045%Above
75
35
The People's Credit Union
Credit UnionDirect
Strong
Exceptional
Acceptable
Strong
$578Fees
0.013%Above
58
36
PRIMARY RESIDENTIAL MORTGAGE, INC.
Independent Mortgage CompanyDirect
Strong
Mediocre
Strong
Exceptional
$5,342Fees
0.568%Above
423
37
Home Loan Investment Bank, F.S.B.
BankDirect
Strong
Acceptable
Strong
Exceptional
$2,478Fees
0.254%Above
143
38
GUARANTEED RATE, INC.
Independent Mortgage CompanyDirect
Strong
Sound
Strong
Strong
$2,410Fees
0.296%Above
138
39
SEMPER HOME LOANS, INC
Independent Mortgage CompanyDirect
Sound
Mediocre
Strong
Exceptional
$5,685Fees
0.519%Above
252
40
TOTAL MORTGAGE SERVICES, LLC
Independent Mortgage CompanyDirect
Sound
Mediocre
Exceptional
Strong
$5,623Fees
0.604%Above
156
41
OCEAN STATE CREDIT UNION
Credit UnionDirect
Sound
Strong
Acceptable
Strong
$866Fees
0.148%Below
30
42
Colorado Federal Savings Bank
BankWholesale
Sound
Strong*
Sound
Sound
$1,875Fees
0.119%Above
24
43
MORTGAGE EQUITY PARTNERS LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Strong
Strong
$3,341Fees
0.399%Above
150
44
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Sound
Acceptable
Exceptional
Strong
$2,200Fees
0.252%Above
94
45
CROSSCOUNTRY MORTGAGE, LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Strong
Strong
$3,377Fees
0.442%Above
185
46
EMBRACE HOME LOANS, INC.
Independent Mortgage CompanyDirect
Sound
Acceptable
Strong
Strong
$2,821Fees
0.311%Above
83
47
MUTUAL OF OMAHA MORTGAGE, INC.
Independent Mortgage CompanyDirect
Sound
Sound
Sound
Sound
$2,049Fees
0.090%Below
43
48
Mortgage Research Center, LLC
Independent Mortgage CompanyDirect
Sound
Acceptable
Strong
Strong
$2,141Fees
0.584%Above
94
49
Sierra Pacific Mortgage Company, Inc.
Independent Mortgage CompanyDirect & Wholesale
Sound
Acceptable*
Strong
Sound
$4,264Fees
0.559%Above
46
50
NATIONS DIRECT MORTGAGE, LLC
Independent Mortgage CompanyWholesale
Sound
Acceptable*
Strong
Sound
$2,689Fees
0.527%Above
40

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

⚖️ Licensing & Disclosures

Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.