Lender profile · HMDA 2023–2025
The Washington Trust Company, of Westerly mortgage approval rates & lending data
The Washington Trust Company, of Westerly decided 4,055 mortgage applications and funded 2,937 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 90% | 1,460 / 1,621 | 97% | $305K | 1,414 |
| Home improvement loans | 65% | 739 / 1,133 | 92% | $105K | 683 |
| Cash-out refinance | 68% | 80 / 117 | 96% | $305K | 77 |
| Refinance | 71% | 514 / 726 | 95% | $165K | 489 |
| Investment property purchase | 73% | 138 / 190 | 97% | $405K | 134 |
| Investment refinance | 61% | 43 / 70 | 98% | $175K | 42 |
| Investment home improvement | 51% | 93 / 184 | 96% | $225K | 89 |
The Washington Trust Company, of Westerly lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 77% | $305K | 3,161 | 2,340 |
| Massachusetts | 71% | $295K | 692 | 461 |
| Connecticut | 72% | $145K | 185 | 125 |
| New Hampshire | 87% | $305K | 15 | 11 |
| Florida | 0% | — | 1 | 0 |
| New Jersey | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.