Lender in Rhode Island · HMDA 2025
The Washington Trust Company, of Westerly mortgages in Rhode Island
The Washington Trust Company, of Westerly's 2025 home-purchase and refinance lending in Rhode Island, compared with all lenders in the state.
The Washington Trust Company, of Westerly originated 413 owner-occupied single-family loans in Rhode Island from 459 completed applications, making it the state's #7 lender by volume.
Its median conventional purchase loan costs were $4,500 versus $5,000 for all Rhode Island lenders, at a median 30-year fixed rate of 6.125% (Rhode Island: 6.625%).
Loans in RI
413
of 459 applications
Denial rate
7.5%
Purchase · RI 6.6%
Rate spread
−0.17 pts
Conv. · RI +0.16 pts
Loan amount
$375,000
Purchase · RI $415,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 371 | 340 | 7.5% | 6.125% | −0.17 pts | $4,500 | $375,000 |
| Refinance | 44 | 40 | 9.1% | 6.375% | −0.07 pts | $4,100 | $325,000 |
| Cash-out refinance | 44 | 33 | 18.2% | 6.125% | −0.04 pts | $4,270 | $335,000 |
*Conventional loans only; medians with at least 20 loans.
Rhode Island counties where The Washington Trust Company, of Westerly ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Washington County | 2 | 78 | 6.0% |
| Providence County | 9 | 241 | 3.5% |
| Kent County | 9 | 76 | 3.0% |
| Newport County | 12 | 14 | 1.9% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology