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Research and analysis by — 23 years in banking (credit side), now analyzing federal HMDA records independently. No ads, no lender compensation. Methodology · [email protected]

FHA denial rates in Rhode Island: every major lender, ranked (2025)

Direct answer · updated 2026-07-19

Rhode Island’s FHA denial rate in 2025 was 21.5% across 3,829 decisioned applications — ranking #30 of 52 states. Among high-volume lenders, the lowest observed denial rate was Semper Home Loans, Inc at 2.0%; the highest was Newrez LLC at 45.0%. The institutional spread inside Rhode Island is 22.5×: the same FHA application faces a 2.0% observed denial rate at one high-volume door and 45.0% at another — two real endpoints of the federal record, same state, same program. Source: complete CFPB HMDA 2025 federal record.

Every high-volume FHA lender in Rhode Island

Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.

LenderRhode Island FHA appsDenial rate
Semper Home Loans, Inc1002.0%
Movement Mortgage, LLC2263.1%
Nfm, Inc1693.6%
American Neighborhood Mortgage A1215.0%
Guild Mortgage Company1005.0%
Province Mortgage Associates, In11112.6%
Cmg Mortgage Inc17613.1%
Primary Residential Mortgage, In31014.2%
Freedom Mortgage Corporation17516.0%
United Wholesale Mortgage22030.0%
Loandepot.Com LLC16132.9%
Rocket Mortgage20233.2%
Newrez LLC10045.0%

The small-loan penalty in Rhode Island

Applications under $150K were denied 45.9% of the time versus 19.3% for loans of $250K+ — a 2.4× penalty on the smallest loans. National context: the small-loan penalty.

What is HMDA?

The Home Mortgage Disclosure Act requires every U.S. mortgage lender to report every application — outcome, amount, and denial reason — to federal regulators annually. It is government-verified, covers all lenders equally, and cannot be gamed. These tables are processed directly from that record.

Who pays for this?

Nobody. No lender pays to appear or improve its position; no ads, no referral fees, no lead sales. FinanceRateCalc is not a lender and does not compete with the institutions it measures. Rates reflect applicant mix and channel as well as underwriting appetite — a high rate is not an accusation, and a low one is not advice. Compare nationally: the top-100 table · the 15-market door map · all 52 states ranked · why each lender says no.