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investment property refinance lenders · HMDA 2023–2025

Investment property refinance lenders in Rhode Island

Fat Boy Data analyzed investment property refinance activity in Rhode Island to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 872 applications were decided by 147 lenders between 2023 and 2025.

Rhode Island at a glance

147Active lenders10 with 20+ decisions
74.7%Market approval rate651 of 872 decided
$375KTypical loanmedian lender, $10K brackets
94%Borrower take-up609 loans funded

How Rhode Island compares

Approval rate compared
Rhode Island74.7%All 616 counties77.7%
Typical loan compared
Rhode Island$375KAll 616 counties$235K

What the data shows

Nfm, Inc. made the most investment property refinances in Rhode Island, 33 of them.

Nfm, Inc. approved the highest share of applications among lenders with at least 20 decisions here, 100% of 33.

The typical investment property refinance here is $375K, 60% larger than the the United States typical of $235K.

Approval rate of all 10 lenders with 20+ decisions here
0%25%50%75%100%Citizens Bank, National Association: 31% approved of 49TD Bank, National Association: 52% approved of 21The Washington Trust Company, of Westerly: 60% approved of 55Bank Rhode Island: 74% approved of 35Rocket Mortgage, LLC: 76% approved of 21Movement Mortgage, LLC: 80% approved of 20Navigant Credit Union: 81% approved of 27COASTAL1 Credit Union: 91% approved of 23BankNewport: 97% approved of 29Nfm, Inc.: 100% approved of 33

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Investment property refinance lenders in Rhode Island

LenderApprovalApprovedTaken upTypical loanLoans made
1The Washington Trust Company, of Westerly60%33 / 5597%$175K32
2Citizens Bank, National Association31%15 / 49100%$485K15
3Bank Rhode Island74%26 / 35100%$425K26
4Nfm, Inc.100%33 / 33100%$375K33
5BankNewport97%28 / 2996%$425K27

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 142 more lenders.

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You are seeing the 5 largest investment property refinance lenders in Rhode Island. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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Other lending data for Rhode Island

Counties in Rhode Island