Mortgage lending in Washington County
3,529 mortgages were originated in Washington County, Rhode Island, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 3,529
- Median rate
- 6.750%
- Median lender fees
- $4,916
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $305,000
- Above the going rate (spread over APOR)
- 0.056
- Paid discount points
- 19.8%
- Received lender credits
- 15.7%
- Purchases / refinances
- 35.1% / 34.7%
- Conventional / FHA / VA
- 92.1% / 4.3% / 3.6%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 51.9% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $787,750
- Median home price
- $685,000
- That home, 20% down
- $548,000
A median-priced home with 20% down leaves $284,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Washington County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Citizens Bank, National Association | 582 | — | 7.150% |
| The Washington Trust Company, of Westerly | 356 | $4,201 | 6.875% |
| Westerly Community | 228 | $2,870 | 6.625% |
| Rocket Mortgage, LLC | 152 | $4,352 | 6.875% |
| Navigant Credit Union | 139 | $3,546 | 6.500% |
| COASTAL1 Credit Union | 121 | — | 6.750% |
| Movement Mortgage, LLC | 88 | $5,026 | 6.625% |
| BankNewport | 82 | — | 6.490% |
| Bank of America, National Association | 81 | — | 5.990% |
| Centreville Bank | 71 | — | 6.625% |
What lenders charged here
Lender fees on a $305,000 loan, based on what was actually charged in Washington County — not a rule of thumb.
From 1,832 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers