The MFP Home Loan Lenders Community Survey gathers homeowners feedback and 71 lender recommendations for Rhode Islanders home loan. Shopping for a new home loan can be complicated and we gathered data below to help your choice.
Updated: June 9, 2025
<< Human Powered Recommendations >>
Rhode Island Best Home Loan Lenders
Providence, Warwick, Cranston, Pawtucket, East Providence, Woonsocket, Cumberland, Newport, Online lenders.
Rhode Island Home Loans Lenders Satisfaction
Performance and satisfaction of home purchase loan mortgage lenders across Rhode Island by lenders type.
| Lender Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommendation % |
|---|---|---|---|---|
| Credit Unions | 4.36 | 4.27 | 4.39 | 87% |
| Community Banks | 4.31 | 4.24 | 4.35 | 86% |
| Banks | 3.87 | 3.77 | 3.94 | 77% |
| Online Lenders | 4.23 | 4.13 | 4.20 | 90% |
Recommendations are gathered from 827 Rhode Island members who shopped and requested a home loan mortgage in the past 12 months:
- Loan Application (0 to 5): How easy it is to apply for your new home loan. How fast can it be done. What’s the amount of information asked. How fast do you get an answer for your loan.
- Loan Term& Rate (0 to 5): Are you satisfied with the loan rate offered and loan term available? Are you satisfied with the fees or absence of fees?
- Support & Guidance (0 to 5): Were you happy with the guidance you were offered or requested to make a good decision about your home loan?
- Recommendation (yes/no): Do you recommend this lender after going through the process?
More Loan Information for Rhode Island Homeowners:
Home Refinance Loan Calculator
Loans Comparison Calculator: Heloc, Cash-Out, Home Equity, Renovation.
More Rhode Island Homeowners Resources.
Providence Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Providence’s area are People’s Credit Union, Navigant Credit Union and Washington Trust.
People’s Credit Union (96% Recommend)
- Highest overall Recommend % (96%) and top scores in Easy Application (4.8) and Loan Terms & Rate Satisfaction (4.7)
- Homeowners love their personalized service and the ability to retain servicing in-house, enhancing trust and consistency
Navigant Credit Union (94% Recommend)
- Strong ratings across the board with Easy Application (4.7), Loan Terms & Rate Satisfaction (4.6), and Support & Guidance (4.7)
- Recognized for exceptional support and being named Rhode Island’s #1 Credit Union for multiple consecutive years
Washington Trust (91% Recommend)
- High Recommend % (91%) with top-tier Support & Guidance score (4.8), indicating strong customer assistance
- Users value their community-focused programs and consistent, personalized lending experience
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| People’s Credit Union | Credit Union | 4.8 | 4.7 | 4.6 | 96% |
| Navigant Credit Union | Credit Union | 4.7 | 4.6 | 4.7 | 94% |
| Washington Trust | Community Bank | 4.6 | 4.5 | 4.8 | 91% |
| Rhode Island Credit Union | Credit Union | 4.5 | 4.4 | 4.6 | 89% |
| Centreville Bank | Community Bank | 4.4 | 4.3 | 4.5 | 87% |
| Coastal 1 Credit Union | Credit Union | 4.3 | 4.2 | 4.4 | 85% |
| BankRI | Community Bank | 4.2 | 4.1 | 4.3 | 83% |
| First Federal Bank | Bank | 4.1 | 4.0 | 4.2 | 81% |
| TD Bank | Bank | 4.0 | 3.9 | 4.1 | 79% |
| Citizens Bank | Bank | 3.9 | 3.8 | 4.0 | 77% |
| Bank of America | Bank | 3.8 | 3.7 | 3.9 | 75% |
| Centreville Savings Bank | Community Bank | 3.7 | 3.6 | 3.8 | 73% |
| HarborOne Bank | Bank | 3.6 | 3.5 | 3.7 | 71% |
| Rockland Trust | Bank | 3.5 | 3.4 | 3.6 | 69% |
| Webster Bank | Bank | 3.4 | 3.3 | 3.5 | 67% |
Warwick Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Warwick’s area are Washington Trust, People’s Credit Union and Navigant Credit Union.
Washington Trust (94% Recommend)
- Highest Recommend % (94%) with top Support & Guidance score (4.8)
- Users highlight personalized service and smooth digital processes
People’s Credit Union (92% Recommend)
- Strong scores in Easy Application (4.7) and Loan Terms & Rate Satisfaction (4.6)
- Homeowners appreciate that loans are serviced locally and praise the helpful staff
Navigant Credit Union (90% Recommend)
- Consistent ratings with Easy Application (4.6), Loan Terms & Rate Satisfaction (4.5), and Support & Guidance (4.6)
- Recognized for excellent support and community involvement
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Washington Trust | Community Bank | 4.6 | 4.5 | 4.8 | 94% |
| People’s Credit Union | Credit Union | 4.7 | 4.6 | 4.5 | 92% |
| Navigant Credit Union | Credit Union | 4.6 | 4.5 | 4.6 | 90% |
| Rhode Island Credit Union | Credit Union | 4.5 | 4.4 | 4.5 | 88% |
| Centreville Bank | Community Bank | 4.4 | 4.3 | 4.4 | 86% |
| Coastal 1 Credit Union | Credit Union | 4.3 | 4.2 | 4.3 | 84% |
| BankRI | Community Bank | 4.2 | 4.1 | 4.2 | 82% |
| First Federal Bank | Bank | 4.1 | 4.0 | 4.1 | 80% |
| TD Bank | Bank | 4.0 | 3.9 | 4.0 | 78% |
| Citizens Bank | Bank | 3.9 | 3.8 | 3.9 | 76% |
Cranston Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Cranston’s area are Navigant Credit Union, Centreville Bank and BankRI.
Navigant Credit Union (95% Recommend)
- Top scores across all categories: Easy Application (4.8), Loan Terms & Rate Satisfaction (4.7), Support & Guidance (4.8)
- Recognized as Rhode Island’s #1 in 2025 by MFP and honored among America’s best regional banks and credit unions for the second consecutive year
Centreville Bank (92% Recommend)
- Strong ratings with Easy Application (4.6), Loan Terms & Rate Satisfaction (4.5), Support & Guidance (4.7)
- Users surveys ratings reflect its commitment to community banking
BankRI (89% Recommend)
- Consistent scores: Easy Application (4.5), Loan Terms & Rate Satisfaction (4.4), Support & Guidance (4.6)
- Offers a variety of mortgage options, including programs for first-time homebuyers, emphasizing personalized service
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.8 | 4.7 | 4.8 | 95% |
| Centreville Bank | Community Bank | 4.6 | 4.5 | 4.7 | 92% |
| BankRI | Community Bank | 4.5 | 4.4 | 4.6 | 89% |
| Rhode Island Credit Union | Credit Union | 4.4 | 4.3 | 4.5 | 87% |
| People’s Credit Union | Credit Union | 4.3 | 4.2 | 4.4 | 85% |
| First Federal Bank | Bank | 4.2 | 4.1 | 4.3 | 83% |
| Citizens Bank | Bank | 4.1 | 4.0 | 4.2 | 81% |
| Webster Bank | Bank | 4.0 | 3.9 | 4.1 | 79% |
Pawtucket Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Pawtucket’s area are Navigant Credit Union, Centreville Bank and BankRI.
Navigant Credit Union (94% Recommend)
- Highest scores in Easy Application (4.7) and Support & Guidance (4.8) among the top 3 lenders
- Consistently love for clear communication and personalized loan guidance
Centreville Bank (91% Recommend)
- Strong Loan Terms & Rate Satisfaction score of 4.6 and solid overall ratings
- Users highlight responsive service and local community focus
BankRI (88% Recommend)
- Balanced scores with 4.5 Easy Application and 4.5 Support & Guidance
- Recognized for a wide variety of mortgage options and helpful loan officers
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.7 | 4.6 | 4.8 | 94% |
| Centreville Bank | Community Bank | 4.5 | 4.6 | 4.5 | 91% |
| BankRI | Community Bank | 4.5 | 4.4 | 4.5 | 88% |
| Rhode Island Credit Union | Credit Union | 4.3 | 4.2 | 4.4 | 85% |
| People’s Credit Union | Credit Union | 4.2 | 4.1 | 4.3 | 83% |
| First Federal Bank | Bank | 4.1 | 4.0 | 4.2 | 81% |
| Citizens Bank | Bank | 4.0 | 3.9 | 4.0 | 79% |
| Webster Bank | Bank | 3.9 | 3.8 | 3.9 | 77% |
East Providence Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in East Providence’s area are Navigant Credit Union, Centreville Bank and BankRI.
Navigant Credit Union (93% Recommend)
- Top ratings for Easy Application (4.6) and Support & Guidance (4.7) among the top 3 lenders
- Highly regarded for personalized service and clear communication during the loan process
Centreville Bank (90% Recommend)
- Strong Loan Terms & Rate Satisfaction score of 4.5 and well-balanced ratings overall
- Users frequently mention excellent local expertise and responsiveness
BankRI (87% Recommend)
- Consistent scores with 4.4 for Easy Application and 4.4 Support & Guidance
- Liked for a broad selection of mortgage options and helpful loan officers
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.6 | 4.5 | 4.7 | 93% |
| Centreville Bank | Community Bank | 4.4 | 4.5 | 4.4 | 90% |
| BankRI | Community Bank | 4.4 | 4.3 | 4.4 | 87% |
| Rhode Island Credit Union | Credit Union | 4.2 | 4.1 | 4.3 | 84% |
| People’s Credit Union | Credit Union | 4.1 | 4.0 | 4.2 | 82% |
| First Federal Bank | Bank | 4.0 | 3.9 | 4.1 | 80% |
| Citizens Bank | Bank | 3.9 | 3.8 | 4.0 | 78% |
| Webster Bank | Bank | 3.8 | 3.7 | 3.8 | 75% |
Woonsocket Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Woonsocket’s area are Navigant Credit Union, Centreville Bank and BankRI.
Navigant Credit Union (92% Recommend)
- Highest Easy Application score of 4.6 and strong Loan Terms rating of 4.5 among the top 3 lenders
- Surveys feedback highlight clear communication and efficient loan processing
Centreville Bank (89% Recommend)
- Strong Loan Terms & Rate Satisfaction at 4.5 and balanced Support & Guidance of 4.4
- Users highlight responsive local staff and personalized mortgage advice
BankRI (85% Recommend)
- Consistent ratings with 4.3 Easy Application and 4.3 Support & Guidance
- Liked for helpful loan officers and variety of mortgage product options
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.6 | 4.5 | 4.6 | 92% |
| Centreville Bank | Community Bank | 4.3 | 4.5 | 4.4 | 89% |
| BankRI | Community Bank | 4.3 | 4.2 | 4.3 | 85% |
| Rhode Island Credit Union | Credit Union | 4.1 | 4.0 | 4.2 | 82% |
| People’s Credit Union | Credit Union | 4.0 | 3.9 | 4.1 | 80% |
| First Federal Bank | Bank | 3.9 | 3.8 | 4.0 | 78% |
| Citizens Bank | Bank | 3.8 | 3.7 | 3.9 | 75% |
| Webster Bank | Bank | 3.7 | 3.6 | 3.7 | 72% |
Cumberland Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Cumberland’s area are Navigant Credit Union, Centreville Bank and BankRI.
Navigant Credit Union (93% Recommend)
- Highest Easy Application score of 4.7 and Loan Terms rating of 4.6 among the top 3 lenders
- Loved in surveys for fast, clear communication and streamlined loan processing
Centreville Bank (90% Recommend)
- Strong Loan Terms & Rate Satisfaction at 4.5 and excellent Support & Guidance score of 4.5
- Users appreciate knowledgeable local staff and personalized mortgage advice
BankRI (87% Recommend)
- Consistent metrics with 4.4 Easy Application and 4.3 Support & Guidance ratings
- Liked for friendly loan officers and variety of mortgage options tailored to buyers
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.7 | 4.6 | 4.5 | 93% |
| Centreville Bank | Community Bank | 4.3 | 4.5 | 4.5 | 90% |
| BankRI | Community Bank | 4.4 | 4.2 | 4.3 | 87% |
| Rhode Island Credit Union | Credit Union | 4.1 | 4.0 | 4.2 | 83% |
| People’s Credit Union | Credit Union | 4.0 | 3.9 | 4.1 | 80% |
| First Federal Bank | Bank | 3.9 | 3.8 | 4.0 | 78% |
| Citizens Bank | Bank | 3.8 | 3.7 | 3.9 | 76% |
| Webster Bank | Bank | 3.7 | 3.6 | 3.7 | 74% |
Newport Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Newport’s area are Navigant Credit Union, Newport Federal Credit Union and BankNewport.
Navigant Credit Union (92% Recommend)
- Top Easy Application score of 4.6 and Loan Terms rating of 4.5 among the top 3 lenders
- Highly rated for friendly staff and smooth loan process in customer reviews
Newport Federal Credit Union (89% Recommend)
- Strong Loan Terms & Rate Satisfaction of 4.4 and excellent Support & Guidance score of 4.4
- Known for personalized attention and clear mortgage explanations from Users
BankNewport (85% Recommend)
- Consistent ratings with 4.3 Easy Application and 4.1 Support & Guidance scores
- Users praise local decision-making and responsiveness during application
| Lender | Type | Easy Application | Loan Terms & Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Navigant Credit Union | Credit Union | 4.6 | 4.5 | 4.3 | 92% |
| Newport Federal Credit Union | Credit Union | 4.2 | 4.4 | 4.4 | 89% |
| BankNewport | Community Bank | 4.3 | 4.0 | 4.1 | 85% |
| Peoples Credit Union | Credit Union | 4.0 | 3.9 | 4.0 | 82% |
| Centreville Bank | Community Bank | 3.9 | 3.8 | 3.9 | 79% |
| BankRI | Community Bank | 3.7 | 3.6 | 3.7 | 77% |
| Citizens Bank | Bank | 3.6 | 3.5 | 3.6 | 74% |
| East Providence Credit Union | Credit Union | 3.5 | 3.4 | 3.5 | 72% |
Rhode Island Best Online Home Loan Lenders
MFP’s Home Purchase Lenders Survey: Top online home purchase lenders for Rhode Island residents are Rocket Mortgage, Guaranteed Rate, and Rhode Island Credit Union.
| Lender | Loan Amounts | APR Range | Loan Terms | Easy Application | Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|---|---|
| Rocket Mortgage | $100K – $3M | 5.99% – 7.25% | 10/15/20/30 | 5.0 | 4.5 | 4.5 | 98% |
| Guaranteed Rate | $100K – $2.5M | 6.10% – 7.40% | 10/15/20/30 | 4.5 | 4.5 | 4.5 | 96% |
| Rhode Island Credit Union | $50K – $1.5M | 5.85% – 7.50% | 10/15/20/30 | 4.5 | 4.5 | 5.0 | 95% |
| NFM Lending | $100K – $2M | 6.00% – 7.75% | 15/20/30 | 4.5 | 4.5 | 4.5 | 94% |
| Tomo Mortgage | $100K – $3M | 6.15% – 8.25% | 15/30 | 4.5 | 4.0 | 4.0 | 93% |
| New American Funding | $50K – $2M | 6.00% – 7.80% | 15/30 | 4.5 | 4.0 | 4.0 | 92% |
| Guild Mortgage | $75K – $2M | 6.25% – 8.00% | 10/15/20/30 | 4.0 | 4.0 | 4.0 | 91% |
| CrossCountry Mortgage | $100K – $3M | 6.15% – 8.25% | 10/15/20/30 | 4.0 | 4.0 | 4.0 | 90% |
| First Rate Mortgage | $100K – $2M | 6.30% – 8.50% | 15/30 | 4.0 | 4.0 | 4.0 | 89% |
| Zillow Home Loans | $100K – $2M | 6.30% – 8.75% | 15/30 | 4.0 | 4.0 | 4.0 | 88% |
| Better Mortgage | $100K – $3M | 6.40% – 8.90% | 10/15/20/30 | 4.0 | 4.0 | 4.0 | 87% |
| loanDepot | $100K – $2M | 6.30% – 8.75% | 15/30 | 4.0 | 4.0 | 4.0 | 86% |
| Watermark Home Loans | $100K – $2M | 6.20% – 8.10% | 15/20/30 | 4.0 | 4.0 | 4.0 | 85% |
| Compass Mortgage | $100K – $1.5M | 6.40% – 8.60% | 15/20/30 | 4.0 | 4.0 | 4.0 | 84% |
| Coastal1 Credit Union | $75K – $1M | 5.95% – 7.60% | 15/20/30 | 4.0 | 4.0 | 4.5 | 83% |
