# Best Jumbo Mortgage Lenders in Rhode Island

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

Compare the top Jumbo mortgage lenders in Rhode Island. Data-driven rankings based on rates, fees, and approval rates.

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


> **📋 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 | Product | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [NAVIGANT CREDIT UNION](https://saferate.com/lenders/navigant-credit-union) | 87 | 88 | 75 | 84 | 100 | $814 | -0.345% | 561 | Credit Union | Direct | — |
| 2 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 84 | 90 | 99 | 80 | 66 | $2063 | -0.125% | 89 | Bank | Direct | — |
| 3 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 83 | 88 | 100 | 76 | 67 | $732 | -0.001% | 99 | Bank | Direct | — |
| 4 | [Morgan Stanley Private Bank, National Association](https://saferate.com/lenders/morgan-stanley-private-bank-national-association) | 80 | 96 | 95 | 75 | 53 | $215 | -0.393% | 31 | Bank | Direct | — |
| 5 | [The Washington Trust Company, of Westerly](https://saferate.com/lenders/the-washington-trust-company-of-westerly) | 78 | 76 | 68 | 72 | 96 | $1478 | -0.197% | 396 | Bank | Direct | — |
| 6 | [Citizens Bank, National Association](https://saferate.com/lenders/citizens-bank-national-association) | 78 | 68 | 93 | 69 | 80 | $2027 | 0.022% | 233 | Bank | Direct | — |
| 7 | [Berkshire Bank](https://saferate.com/lenders/berkshire-bank) | 76 | 89 | 84 | 75 | 55 | $1216 | -0.198% | 27 | Bank | Direct | — |
| 8 | [Centreville Bank](https://saferate.com/lenders/centreville-bank) | 75 | 85 | 68 | 58 | 87 | $854 | -0.387% | 199 | Bank | Direct | — |
| 9 | [COASTAL1 Credit Union](https://saferate.com/lenders/coastal1-credit-union) | 75 | 80 | 66 | 68 | 85 | $783 | -0.042% | 175 | Credit Union | Direct | — |
| 10 | [MOVEMENT MORTGAGE, LLC](https://saferate.com/lenders/movement-mortgage) | 74 | 41 | 92 | 68 | 94 | $2501 | 0.334% | 784 | Independent Mortgage Company | Direct | — |
| 11 | [BAYCOAST MORTGAGE COMPANY, LLC](https://saferate.com/lenders/baycoast-mortgage-company) | 72 | 56 | 73 | 67 | 90 | $989 | -0.041% | 305 | Independent Mortgage Company | Direct | — |
| 12 | [CMG MORTGAGE, INC.](https://saferate.com/lenders/cmg-mortgage) | 70 | 40 | 91 | 66 | 84 | $2931 | 0.550% | 386 | Independent Mortgage Company | Direct | — |
| 13 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 70 | 49 | 99 | 64 | 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. |
| 14 | [BankNewport](https://saferate.com/lenders/banknewport) | 69 | 55 | 69 | 67 | 86 | $1202 | 0.162% | 168 | Bank | Direct | — |
| 15 | [TD Bank, National Association](https://saferate.com/lenders/td-bank-national-association) | 68 | 51 | 94 | 72 | 55 | $971 | 0.255% | 36 | Bank | Direct | — |
| 16 | [Webster Bank, National Association](https://saferate.com/lenders/webster-bank-national-association) | 67 | 55 | 90 | 70 | 53 | $2369 | 0.165% | 26 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Webster Bank, National Association directly or with a mortgage broker. |
| 17 | [Easthampton Savings Bank](https://saferate.com/lenders/easthampton-savings-bank) | 65 | 61 | 70 | 72 | 59 | $680 | 0.053% | 34 | Bank | Direct | — |
| 18 | [HARBORONE MORTGAGE, LLC](https://saferate.com/lenders/harborone-mortgage) | 62 | 58 | 72 | 46 | 73 | $2646 | 0.242% | 106 | Independent Mortgage Company | Direct | — |
| 19 | [FAIRWAY INDEPENDENT MORTGAGE CORPORATION](https://saferate.com/lenders/fairway-independent-mortgage) | 62 | 30 | 89 | 63 | 66 | $2200 | 0.252% | 94 | Independent Mortgage Company | Direct | — |
| 20 | [MORTGAGE EQUITY PARTNERS LLC](https://saferate.com/lenders/mortgage-equity-partners) | 56 | 26 | N/A | 70 | 78 | $3341 | 0.399% | 150 | Independent Mortgage Company | Direct | — |

## 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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **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.