# Best Mortgage Lenders in Rhode Island

**As of:** 2026-06-04

Compare the top mortgage lenders in Rhode Island. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/local/rhode-island/best-mortgage-lenders


> **📋 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


## Market Statistics

- **Total Lenders:** 105
- **Total Loans:** 10,225
- **Median Rate Spread:** 0.21840384615384614%

## Top Lenders

| Rank | Lender | Safe Rate Score | Pricing | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [NAVIGANT CREDIT UNION](https://saferate.com/lenders/navigant-credit-union) | 87 | 88 | 73 | 100 | $814 | -0.345% | 561 | Credit Union | Direct | — |
| 2 | [BAYCOAST MORTGAGE COMPANY, LLC](https://saferate.com/lenders/baycoast-mortgage-company) | 82 | 79 | 76 | 90 | $989 | -0.041% | 305 | Independent Mortgage Company | Direct | — |
| 3 | [The Washington Trust Company, of Westerly](https://saferate.com/lenders/the-washington-trust-company-of-westerly) | 79 | 76 | 67 | 96 | $1478 | -0.197% | 396 | Bank | Direct | — |
| 4 | [Centreville Bank](https://saferate.com/lenders/centreville-bank) | 79 | 85 | 64 | 87 | $854 | -0.387% | 199 | Bank | Direct | — |
| 5 | [COASTAL1 Credit Union](https://saferate.com/lenders/coastal1-credit-union) | 78 | 80 | 68 | 85 | $783 | -0.042% | 175 | Credit Union | Direct | — |
| 6 | [Fall River Five Cents Savings Bank](https://saferate.com/lenders/fall-river-five-cents-savings-bank) | 77 | 84 | 75 | 72 | $1535 | 0.039% | 83 | Bank | Direct | — |
| 7 | [Leader Bank, National Association](https://saferate.com/lenders/leader-bank-national-association) | 76 | 82 | 79 | 68 | $989 | -0.039% | 90 | Bank | Direct | — |
| 8 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | 74 | 93 | 60 | 70 | $617 | -0.522% | 129 | Credit Union | Direct | — |
| 9 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | 72 | 41 | 93 | 82 | $3108 | 0.191% | 343 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 10 | [ROCKET MORTGAGE, LLC](https://saferate.com/lenders/rocket-mortgage) | 71 | 29 | 95 | 89 | $4958 | 0.283% | 592 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Rocket Mortgage directly or with a mortgage broker. |
| 11 | [Citizens Bank, National Association](https://saferate.com/lenders/citizens-bank-national-association) | 71 | 69 | 62 | 80 | $2027 | 0.022% | 233 | Bank | Direct | — |
| 12 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 71 | 75 | 71 | 67 | $732 | -0.001% | 99 | Bank | Direct | — |
| 13 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 71 | 73 | 75 | 66 | $2063 | -0.125% | 89 | Bank | Direct | — |
| 14 | [Morgan Stanley Private Bank, National Association](https://saferate.com/lenders/morgan-stanley-private-bank-national-association) | 71 | 94 | 66 | 53 | $215 | -0.393% | 31 | Bank | Direct | — |
| 15 | [MOVEMENT MORTGAGE, LLC](https://saferate.com/lenders/movement-mortgage) | 70 | 32 | 84 | 94 | $2501 | 0.334% | 784 | Independent Mortgage Company | Direct | — |
| 16 | [NBKC BANK](https://saferate.com/lenders/nbkc-bank) | 68 | 91 | 59 | 53 | $768 | -0.138% | 32 | Bank | Direct | — |
| 17 | [Berkshire Bank](https://saferate.com/lenders/berkshire-bank) | 68 | 85 | 63 | 55 | $1216 | -0.198% | 27 | Bank | Direct | — |
| 18 | [NFM, INC.](https://saferate.com/lenders/nfm) | 67 | 23 | 87 | 91 | $4361 | 0.641% | 522 | Independent Mortgage Company | Direct | — |
| 19 | [CMG MORTGAGE, INC.](https://saferate.com/lenders/cmg-mortgage) | 66 | 33 | 81 | 84 | $2931 | 0.550% | 386 | Independent Mortgage Company | Direct | — |
| 20 | [LOANDEPOT.COM, LLC](https://saferate.com/lenders/loandepotcom) | 66 | 48 | 76 | 76 | $4089 | 0.498% | 200 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Loandepot.Com directly or with a mortgage broker. |
| 21 | [BankNewport](https://saferate.com/lenders/banknewport) | 66 | 55 | 59 | 86 | $1202 | 0.162% | 168 | Bank | Direct | — |
| 22 | [HARBORONE MORTGAGE, LLC](https://saferate.com/lenders/harborone-mortgage) | 66 | 52 | 72 | 73 | $2646 | 0.242% | 106 | Independent Mortgage Company | Direct | — |
| 23 | [WESTERLY COMMUNITY](https://saferate.com/lenders/westerly-community) | 66 | 90 | 38 | 70 | $1091 | -0.233% | 49 | Credit Union | Direct | — |
| 24 | [RELIANCE FIRST CAPITAL, LLC](https://saferate.com/lenders/reliance-first-capital) | 66 | N/A | 96 | 51 | N/A | N/A | 26 | Independent Mortgage Company | Direct | — |
| 25 | [GUILD MORTGAGE COMPANY LLC](https://saferate.com/lenders/guild-mortgage-company) | 64 | 25 | 83 | 83 | $2589 | 0.309% | 366 | Independent Mortgage Company | Direct | — |
| 26 | [Bristol County Savings Bank](https://saferate.com/lenders/bristol-county-savings-bank) | 64 | 64 | 66 | 62 | $678 | -0.042% | 36 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Bristol County Savings Bank directly or with a mortgage broker. |
| 27 | [Easthampton Savings Bank](https://saferate.com/lenders/easthampton-savings-bank) | 64 | 70 | 65 | 59 | $680 | 0.053% | 34 | Bank | Direct | — |
| 28 | [PROVINCE MORTGAGE ASSOCIATES, INC.](https://saferate.com/lenders/province-mortgage-associates) | 63 | 29 | 74 | 87 | $3487 | 0.458% | 220 | Independent Mortgage Company | Direct | — |
| 29 | [Eastern Bank](https://saferate.com/lenders/eastern-bank) | 63 | 74 | 58 | 58 | $1391 | -0.010% | 31 | Bank | Direct | — |
| 30 | [Northpointe Bank](https://saferate.com/lenders/northpointe-bank) | 62 | 47 | 62 | 77 | $3402 | 0.310% | 170 | Bank | Direct | — |
| 31 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 62 | 49 | 70 | 67 | $2234 | 0.090% | 103 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with JPMorgan Chase Bank, National Association directly or with a mortgage broker. |
| 32 | [FREEDOM MORTGAGE CORPORATION](https://saferate.com/lenders/freedom-mortgage) | 62 | 55 | 67 | 64 | $3049 | 0.627% | 82 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Freedom Mortgage Corporation directly or with a mortgage broker. |
| 33 | [Bank Rhode Island](https://saferate.com/lenders/bank-rhode-island) | 62 | 81 | 32 | 72 | $552 | -0.073% | 55 | Bank | Direct | — |
| 34 | [PENNYMAC LOAN SERVICES, LLC](https://saferate.com/lenders/pennymac-loan-services) | 61 | 56 | 63 | 63 | $1424 | 0.045% | 75 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Pennymac Loan Services directly or with a mortgage broker. |
| 35 | [The People's Credit Union](https://saferate.com/lenders/the-peoples-credit-union) | 61 | 83 | 28 | 72 | $578 | 0.013% | 58 | Credit Union | Direct | — |
| 36 | [PRIMARY RESIDENTIAL MORTGAGE, INC.](https://saferate.com/lenders/primary-residential-mortgage) | 60 | 17 | 75 | 89 | $5342 | 0.568% | 423 | Independent Mortgage Company | Direct | — |
| 37 | [Home Loan Investment Bank, F.S.B.](https://saferate.com/lenders/home-loan-investment-bank-fsb) | 60 | 37 | 62 | 82 | $2478 | 0.254% | 143 | Bank | Direct | — |
| 38 | [GUARANTEED RATE, INC.](https://saferate.com/lenders/guaranteed-rate) | 60 | 41 | 69 | 71 | $2410 | 0.296% | 138 | Independent Mortgage Company | Direct | — |
| 39 | [SEMPER HOME LOANS, INC](https://saferate.com/lenders/semper-home-loans) | 59 | 12 | 77 | 89 | $5685 | 0.519% | 252 | Independent Mortgage Company | Direct | — |
| 40 | [TOTAL MORTGAGE SERVICES, LLC](https://saferate.com/lenders/total-mortgage-services) | 59 | 19 | 80 | 76 | $5623 | 0.604% | 156 | Independent Mortgage Company | Direct | — |
| 41 | [OCEAN STATE CREDIT UNION](https://saferate.com/lenders/ocean-state-credit-union) | 59 | 74 | 40 | 65 | $866 | -0.148% | 30 | Credit Union | Direct | — |
| 42 | [Colorado Federal Savings Bank](https://saferate.com/lenders/colorado-federal-savings-bank) | 59 | 73 | 51 | 53 | $1875 | 0.119% | 24 | Bank | Wholesale | Pricing may vary between mortgage brokers. |
| 43 | [MORTGAGE EQUITY PARTNERS LLC](https://saferate.com/lenders/mortgage-equity-partners) | 58 | 26 | 70 | 78 | $3341 | 0.399% | 150 | Independent Mortgage Company | Direct | — |
| 44 | [FAIRWAY INDEPENDENT MORTGAGE CORPORATION](https://saferate.com/lenders/fairway-independent-mortgage) | 58 | 24 | 85 | 66 | $2200 | 0.252% | 94 | Independent Mortgage Company | Direct | — |
| 45 | [CROSSCOUNTRY MORTGAGE, LLC](https://saferate.com/lenders/crosscountry-mortgage) | 57 | 20 | 76 | 74 | $3377 | 0.442% | 185 | Independent Mortgage Company | Direct | — |
| 46 | [EMBRACE HOME LOANS, INC.](https://saferate.com/lenders/embrace-home-loans) | 57 | 31 | 74 | 67 | $2821 | 0.311% | 83 | Independent Mortgage Company | Direct | — |
| 47 | [MUTUAL OF OMAHA MORTGAGE, INC.](https://saferate.com/lenders/mutual-of-omaha-mortgage) | 57 | 57 | 57 | 57 | $2049 | -0.090% | 43 | Independent Mortgage Company | Direct | — |
| 48 | [Mortgage Research Center, LLC](https://saferate.com/lenders/mortgage-research-center) | 56 | 34 | 70 | 66 | $2141 | 0.584% | 94 | Independent Mortgage Company | Direct | — |
| 49 | [Sierra Pacific Mortgage Company, Inc.](https://saferate.com/lenders/sierra-pacific-mortgage-company) | 56 | 32 | 80 | 58 | $4264 | 0.559% | 46 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Sierra Pacific Mortgage Company directly or with a mortgage broker. |
| 50 | [NATIONS DIRECT MORTGAGE, LLC](https://saferate.com/lenders/nations-direct-mortgage) | 56 | 38 | 74 | 57 | $2689 | 0.527% | 40 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Rhode Island.

Our composite Safe Rate Score is derived using a weighted average of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.

## Licensing & Disclosures

Lender rankings and market statistics are created by [Dylan Hall, licensed mortgage loan officer (NMLS #1658740)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/INDIVIDUAL/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)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/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.