Westerly Community mortgage approval rate & lending review
Westerly Community decided 1,005 mortgage applications and funded 824 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Westerly Community reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Westerly Community at a glance
Approval is 6.2 points above the 75.9% 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 | 85% | 370 / 433 | 100% | $145K | 370 |
| Home improvement loans | 83% | 293 / 355 | 100% | $105K | 292 |
| Refinance | 76% | 89 / 117 | 100% | $155K | 89 |
| Investment property purchase | 86% | 30 / 35 | 100% | $465K | 30 |
| Investment home improvement | 81% | 22 / 27 | 100% | $125K | 22 |
Westerly Community lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 81% | $105K | 652 | 525 |
| New Hampshire | 92% | $135K | 101 | 93 |
| Maine | 91% | $125K | 97 | 88 |
| Connecticut | 82% | $305K | 87 | 71 |
| Massachusetts | 69% | $175K | 68 | 47 |
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 Westerly Community lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Washington County, RI | Home improvement loans | 83% | 227 | 188 |
| Washington County, RI | Mortgage lenders | 85% | 103 | 88 |
| York County, ME | Mortgage lenders | 91% | 56 | 51 |
| Washington County, RI | Refinance | 78% | 64 | 50 |
| Kent County, RI | Home improvement loans | 83% | 53 | 44 |
| Strafford County, NH | Mortgage lenders | 91% | 44 | 40 |
| Providence County, RI | Home improvement loans | 84% | 45 | 38 |
| Cumberland County, ME | Mortgage lenders | 94% | 31 | 29 |
| Southeastern Connecticut Planning Region, CT | Mortgage lenders | 90% | 29 | 26 |
| Kent County, RI | Mortgage lenders | 88% | 26 | 23 |
| Southeastern Connecticut Planning Region, CT | Home improvement loans | 76% | 29 | 22 |
| Washington County, RI | Investment property purchase | 84% | 25 | 21 |
The county markets where Westerly Community made the most loans. Each link opens that market with every lender ranked.
Questions about Westerly Community
What is Westerly Community's mortgage approval rate?
Westerly Community approved 82.1% of the 1,005 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.2 points above the 75.9% national rate for the same mix of loan types.
How often do borrowers take the loan Westerly Community offers?
Borrowers accepted 100% of the loans Westerly Community 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 Westerly Community make?
The typical home purchase mortgage loan Westerly Community made was $145K; across all loan types its typical loan ran from $105K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Westerly Community lend?
Westerly Community 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 Westerly Community directly?
Yes. Westerly Community is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Westerly Community'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 Westerly Community treats applications, then get a rate quote from the lender.