BankNewport

Review, Rates and contact information

BankNewport

About

Established in 1819 and headquartered in Newport, BankNewport is a longstanding community bank offering a comprehensive range of loan and deposit products and services to families and businesses across Rhode Island. As a mutual organization, BankNewport is dedicated to the financial well-being of its customers, employees, and communities. With 19 branch locations and a commercial lending office in Providence, the bank is deeply rooted in its commitment to serving the community. OceanPoint Marine Lending, a specialized business line, focuses on providing financing programs for consumer marine and recreational vehicles.

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Offered Loan Program Types

Permanent/Long Term, SBA, Rehab/Construction/Renovation, New Construction/Ground-Up Construction

Property Types

Multi-Family, Retail, Office, Industrial

Loan Amount

$30K - $10M

Time to close

30-60 days

Primary Areas Served

RI MA

Max LTV

85%

Origination Fee

1.00%

Specialty

Owner Occupied Over $10mm Storage Student housing Townhome Transportation Warehouse Mixed-use Medical Manufacturing Facilities

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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Sign up to view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

***** **** **
8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

***** **** **
8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

***** **** **
8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2190
$675,167
Industrial
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Loan date

7/26/2190

Loan Amount

$675,167

Property Subtype

Industrial

Address

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