Ocean State Credit Union mortgage approval rate & lending review
Ocean State Credit Union decided 320 mortgage applications and funded 251 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Ocean State Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Ocean State Credit Union at a glance
Approval is 0.6 points below the 79.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 79% | 139 / 176 | 100% | $135K | 139 |
| Home improvement loans | 72% | 55 / 76 | 100% | $55K | 55 |
| Refinance | 83% | 44 / 53 | 100% | $65K | 44 |
Ocean State Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 84% | $65K | 180 | 152 |
| New Hampshire | 74% | $135K | 57 | 42 |
| Maine | 65% | $105K | 40 | 26 |
| Massachusetts | 70% | $155K | 33 | 23 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Ocean State Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Kent County, RI | Home improvement loans | 73% | 63 | 46 |
| Kent County, RI | Mortgage lenders | 97% | 34 | 33 |
The county markets where Ocean State Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Ocean State Credit Union
What is Ocean State Credit Union's mortgage approval rate?
Ocean State Credit Union approved 78.4% of the 320 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 0.6 points below the 79.0% national rate for the same mix of loan types.
How often do borrowers take the loan Ocean State Credit Union offers?
Borrowers accepted 100% of the loans Ocean State Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Ocean State Credit Union make?
The typical home purchase mortgage loan Ocean State Credit Union made was $135K; across all loan types its typical loan ran from $55K to $135K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Ocean State Credit Union lend?
Ocean State Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in Rhode Island, New Hampshire and Maine.
Can I apply to Ocean State Credit Union directly?
Yes. Ocean State Credit Union is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Ocean State Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Ocean State Credit Union treats applications, then get a rate quote from the lender.