Mortgage Lenders and Brokers in Newport, Rhode Island
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Newport, Rhode Island mortgage lenders include JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA162 Bellevue Ave, Newport, RI 02840A+5.0 ★Texas Ratio: 3.68%, Citizens Bank, NACitizens Bank, NA199 Connell Hwy, Newport, RI 02840A+5.0 ★Texas Ratio: 5.44%, Centreville BankCentreville Bank580 Thames Street, Newport, RI 02840A5.0 ★Texas Ratio: 10.15%, Baycoast BankBaycoast Bank601 Hope St, Bristol, RI 02809A5.0 ★Texas Ratio: 12.75%, Beacon Bank & TrustBeacon Bank & Trust100 Bellevue Ave, Newport, RI 02840A+5.0 ★Texas Ratio: 5.36%, BankNewportBankNewport330 County Rd, Barrington, RI 02806A5.0 ★Texas Ratio: 7.77%, The People's Credit UnionThe People's Credit Union43 Memorial Blvd, Newport, RI 02840A+5.0 ★Texas Ratio: 4.51%, Bank of America NABank of America NA257 County Rd, Barrington, RI 02806A+5.0 ★Texas Ratio: 4.14%, Navigant Credit UnionNavigant Credit Union693 Broad St, Central Falls, RI 02863A+5.0 ★Texas Ratio: 3.30%, and Greenwood Credit UnionGreenwood Credit Union2669 Post Rd, Warwick, RI 02886 3039A+5.0 ★Texas Ratio: 4.24%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Newport, Rhode Island in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Newport are listed first, then lenders elsewhere in Rhode Island, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Newport, Rhode Island
Market share is the lender's share of all home loans closed in Newport, Rhode Island. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Newport 162 Bellevue Ave, Newport, RI 02840 A+5.0 ★Texas Ratio: 3.68% |
Conventional, Jumbo, HELOC | 5 +1 HELOCs |
2.2% | 100% | $2,119,000 | View |
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2 offices in Newport 199 Connell Hwy, Newport, RI 02840 A+5.0 ★Texas Ratio: 5.44% |
Conventional, Jumbo, HELOC | 4 +38 HELOCs |
1.7% | 66.7% | $1,355,000 | View |
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1 office in Newport 580 Thames Street, Newport, RI 02840 A5.0 ★Texas Ratio: 10.15% |
Conventional, Jumbo, HELOC | 2 +5 HELOCs |
0.9% | 100% | $655,000 | View |
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1 office in Newport 601 Hope St, Bristol, RI 02809 A5.0 ★Texas Ratio: 12.75% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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1 office in Newport 100 Bellevue Ave, Newport, RI 02840 A+5.0 ★Texas Ratio: 5.36% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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330 County Rd, Barrington, RI 02806 A5.0 ★Texas Ratio: 7.77% |
Conventional, Jumbo, HELOC | 14 +34 HELOCs |
6.1% | 73.7% | $589,285 | View |
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43 Memorial Blvd, Newport, RI 02840 A+5.0 ★Texas Ratio: 4.51% |
Conventional | 13 | 5.7% | 65% | $278,846 | View |
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257 County Rd, Barrington, RI 02806 A+5.0 ★Texas Ratio: 4.14% |
Conventional, Jumbo, HELOC | 4 +3 HELOCs |
1.7% | 80% | $925,000 | View |
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693 Broad St, Central Falls, RI 02863 A+5.0 ★Texas Ratio: 3.30% |
Conventional, Jumbo, HELOC | 4 +1 HELOCs |
1.7% | 100% | $502,500 | View |
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2669 Post Rd, Warwick, RI 02886 3039 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 4 +1 HELOCs |
1.7% | 100% | $287,500 | View |
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236 County Road, Barrington, RI 02806 A5.0 ★Texas Ratio: 7.00% |
Conventional, Jumbo, HELOC | 3 +4 HELOCs |
1.3% | 100% | $735,000 | View |
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187 Wickenden St, Providence, RI 02903 A5.0 ★Texas Ratio: 9.55% |
Conventional, Jumbo | 2 | 0.9% | 100% | $1,150,000 | View |
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231 County Rd, Barrington, RI 02806 A+5.0 ★Texas Ratio: 3.71% |
Conventional, Jumbo, HELOC | 1 +5 HELOCs |
0.4% | 50% | $1,145,000 | View |
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576 Metacom Ave Ste 1, Bristol, RI 02809 5168 A+5.0 ★Texas Ratio: 1.68% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $305,000 | View |
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390 Metacom Ave, Bristol, RI 02809 A+5.0 ★Texas Ratio: 2.65% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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2405 Nooseneck Hill Rd, Coventry, RI 02816 A+5.0 ★Texas Ratio: 1.81% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Embrace Home Loans, Inc.
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Conventional | 3 | 1.3% | 100% | $511,666 | |
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A5.0 ★Texas Ratio: 7.00% |
Conventional | 3 | 1.3% | 100% | $541,666 | View |
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A+5.0 ★Texas Ratio: 2.64% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Movement Mortgage, LLC
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Conventional, FHA, VA, Jumbo | 17 | 7.4% | 94.7% | $750,882 | |
Rocket Mortgage
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Conventional | 12 | 5.2% | 75% | $271,666 | |
Cmg Mortgage Inc
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Conventional, Jumbo, HELOC | 11 +2 HELOCs |
4.8% | 100% | $584,090 | |
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A5.0 ★Texas Ratio: 12.75% |
Conventional, VA, Jumbo | 10 | 4.4% | 90.9% | $787,000 | View |
Bankesb
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Conventional, VA, Jumbo, HELOC | 8 +2 HELOCs |
3.5% | 100% | $696,250 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 5 | 2.2% | 100% | $961,000 | View |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, HELOC | 4 +4 HELOCs |
1.7% | 50% | $380,000 | |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo | 4 | 1.7% | 100% | $990,000 | View |
loanDepot.com LLC
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Conventional | 4 | 1.7% | 57.1% | $280,000 | |
Total Mortgage Services, LLC
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Conventional, Jumbo | 4 | 1.7% | 80% | $960,000 | |
Mortgage Research Center
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VA | 4 | 1.7% | 80% | $550,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 4 | 1.7% | 100% | $3,465,000 | View |
CrossCountry Mortgage, LLC
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Conventional, Jumbo | 3 | 1.3% | 100% | $1,201,666 | |
Nfm, Inc
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Conventional, Jumbo | 3 | 1.3% | 100% | $891,666 | |
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A+5.0 ★Texas Ratio: 0.22% |
Conventional, VA, Jumbo | 3 | 1.3% | 100% | $941,666 | View |
Nationstar Mortgage
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Conventional, VA | 3 | 1.3% | 100% | $525,000 | |
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A+5.0 ★Texas Ratio: 3.19% |
Conventional, Jumbo | 3 | 1.3% | 100% | $1,028,333 | View |
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A5.0 ★Texas Ratio: 8.47% |
Conventional, VA, Jumbo | 3 | 1.3% | 100% | $1,315,000 | View |
Spring Eq, LLC
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Conventional | 3 | 1.3% | 100% | $128,333 | |
United Wholesale Mortgage
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Conventional | 2 | 0.9% | 100% | $850,000 | |
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A+5.0 ★Texas Ratio: 0.37% |
Conventional, Jumbo | 2 | 0.9% | 100% | $1,740,000 | View |
Newrez LLC
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Conventional | 2 | 0.9% | 66.7% | $500,000 | |
Pennymac Loan Services LLC
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Conventional | 2 | 0.9% | 100% | $180,000 | |
Deephaven Mortgage LLC
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Conventional | 2 | 0.9% | 100% | $440,000 | |
Guild Mortgage Company
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Conventional, Jumbo | 2 | 0.9% | 100% | $1,150,000 | |
T2 Financial LLC
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Conventional | 2 | 0.9% | 100% | $790,000 | |
Waterstone Mortgage Corporation
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Conventional, Jumbo | 2 | 0.9% | 100% | $885,000 | |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional, Jumbo | 2 | 0.9% | 100% | $1,595,000 | View |
Better Mortgage Corporation
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Conventional | 2 | 0.9% | 66.7% | $80,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.9% | 66.7% | $395,000 | View |
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A+5.0 ★Texas Ratio: 2.82% |
Conventional, Jumbo | 2 | 0.9% | 100% | $1,105,000 | View |
Champions Funding, LLC
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Conventional, Jumbo | 2 | 0.9% | 66.7% | $1,035,000 | |
Webster Bank, N.A.
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Conventional, Jumbo, HELOC | 1 +3 HELOCs |
0.4% | 100% | $2,395,000 | |
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A5.0 ★Texas Ratio: 8.47% |
Conventional, Jumbo, HELOC | 1 +1 HELOCs |
0.4% | 100% | $1,765,000 | View |
Pentagon Federal Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $435,000 | |
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A+5.0 ★Texas Ratio: 2.15% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,215,000 | View |
Liberty Bank
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Conventional, Jumbo | 1 | 0.4% | 100% | $845,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional, Jumbo | 1 | 0.4% | 100% | $2,285,000 | View |
American Airlines Federal Cred
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Conventional | 1 | 0.4% | 100% | $355,000 | |
Primary Residential Mortgage, INC.
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Conventional | 1 | 0.4% | 50% | $345,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,185,000 | View |
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A-4.9 ★Texas Ratio: 16.48% |
VA | 1 | 0.4% | 100% | $505,000 | View |
Freedom Mortgage Corporation
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VA, Jumbo | 1 | 0.4% | 100% | $935,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,715,000 | View |
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A+5.0 ★Texas Ratio: 2.38% |
Conventional | 1 | 0.4% | 100% | $265,000 | View |
Sharon & Crescent United Credit Union
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Conventional | 1 | 0.4% | 100% | $55,000 | |
Reliant Home Funding, Inc
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Conventional | 1 | 0.4% | 100% | $705,000 | |
American Financial Network, Inc.
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Conventional, Jumbo | 1 | 0.4% | 100% | $2,415,000 | |
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A+5.0 ★Texas Ratio: 0.21% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,885,000 | View |
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A5.0 ★Texas Ratio: 9.41% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,225,000 | View |
Bay Equity LLC
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Conventional | 1 | 0.4% | 100% | $375,000 | |
Mortgage Equity Partners LLC
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Conventional | 1 | 0.4% | 100% | $265,000 | |
Harborone Mortgage, LLC
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Conventional | 1 | 0.4% | 100% | $655,000 | |
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A+5.0 ★Texas Ratio: 2.94% |
Conventional | 1 | 0.4% | 100% | $205,000 | View |
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A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $805,000 | View |
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A5.0 ★Texas Ratio: 7.72% |
Conventional, Jumbo | 1 | 0.4% | 100% | $875,000 | View |
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A+5.0 ★Texas Ratio: 3.12% |
Conventional | 1 | 0.4% | 100% | $325,000 | View |
New American Funding, LLC.
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Conventional | 1 | 0.4% | 100% | $745,000 | |
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A+5.0 ★Texas Ratio: 3.54% |
Conventional, Jumbo | 1 | 0.4% | 100% | $1,425,000 | View |
Members Mortgage Company Inc
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Conventional | 1 | 0.4% | 100% | $635,000 | |
Fairway Independent Mort Corp
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FHA | 1 | 0.4% | 100% | $535,000 | |
Toyota Financial Savings Bank
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Conventional, Jumbo | 1 | 0.4% | 100% | $1,225,000 | |
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A+5.0 ★Texas Ratio: 5.55% |
Conventional, Jumbo | 1 | 0.4% | 100% | $965,000 | View |
Wrentham Cooperative Bank
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Conventional, Jumbo | 1 | 0.4% | 100% | $875,000 | |
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
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A-5.0 ★Texas Ratio: 14.36% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Guaranteed Rate, Inc.
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HELOC | 0 +1 HELOCs |
0% | 0% | ||
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Quorum Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
First Savings Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Digital Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Newport Mortgage Rate Trends
Daily average mortgage rates for Rhode Island compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Newport, Rhode Island
Looking for mortgage lenders near me or mortgage brokers near me in Newport? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Newport in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Newport, RI
Use these to narrow the list above. Each category shows how many Newport, RI lenders fit and what that kind of lender is usually best for.
Who Lends in Newport, RI
Independent mortgage companies closed 41.9 percent of home loans in Newport, Rhode Island in 2025, banks 45.4 percent and credit unions 12.7 percent. Embrace Home Loans, Inc. was the largest mortgage company, JPMorgan Chase Bank, NA the largest bank and The People's Credit Union the largest credit union. Among lenders headquartered in Rhode Island, Citizens Bank, NA led with 4 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Attorneys customarily handle closings in Rhode Island. Real estate conveyance tax of $3.75 per $500 of price (0.75 percent), raised from $2.30 per $500 effective 2026, plus a second tier of another $3.75 per $500 on the portion of a residential sale above an indexed threshold ($824,000 for 2026), paid by the seller; no mortgage recording tax.
More Rhode Island Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Newport, RI
By home loans closed in 2025, JPMorgan Chase Bank, NA was the largest mortgage lender in Newport, Rhode Island with 5 loans, about 2.2 percent of the market. The largest lender headquartered in Rhode Island was Citizens Bank, NA with 4 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
2 lenders closed FHA loans in Newport, Rhode Island in 2025, led by Movement Mortgage, LLC with 1. 9 lenders closed VA loans, led by Movement Mortgage, LLC. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 47 banks and 11 credit unions closed home loans in Newport, Rhode Island in 2025, alongside 32 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Newport, Rhode Island during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Newport, Rhode Island for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Newport. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
