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Homespire Mortgage Corporation in Rhode Island
HMDA record for properties in Rhode Island, calendar year 2024. National record · Rhode Island overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Homespire Mortgage Corporation's 2024 HMDA record for Rhode Island covers 112 applications, 68 of them originated, worth $22m.
Its denial rate in the state was 12.0%, below the Rhode Island rate of 25.7% across all lenders and compared with the lender's national rate of 4.6%.
The median rate spread on its Rhode Island originations was 0.1 percentage points (state median 0.3).
Applications in the state were up 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Rhode Island | Rhode Island, all lenders | Homespire Mortgage Corporation, all states | United States |
|---|---|---|---|---|
| Denial rate | 12.0% | 25.7% | 4.6% | 24.3% |
| Median rate spread, pp | 0.1 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.5% | 13.1% | 4.1% | 15.6% |
| Average originated loan | $320k | $317k | $300k | $329k |
| Home purchase share | 94.1% | 45.1% | 92.5% | 57.0% |
| FHA-insured share | 38.2% | 12.2% | 32.8% | 13.4% |
| VA-guaranteed share | 1.5% | 3.8% | 11.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateRhode Island, all lenders
Loan purpose and loan type in Rhode Island
By purpose
Home purchase 94% (64)Refinancing 3% (2)Cash-out refinancing 3% (2)
By type
Conventional 60% (41)FHA 38% (26)VA 1% (1)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Rhode Island
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Providence County | 96 | 57 | $19m | 12.9% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Homespire Mortgage Corporation originate in Rhode Island in 2024?
68 loans totalling $22m, from 112 applications reported for properties in Rhode Island.
What is Homespire Mortgage Corporation's denial rate in Rhode Island?
12.0% of decided applications in Rhode Island were denied, against 25.7% for all lenders in the state and 4.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Rhode Island counties does Homespire Mortgage Corporation lend in most?
By originations: Providence County (57).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Rhode Island. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.