Bangor Savings Bank · Vermont · 2025

Bangor Savings Bank in Vermont: approval rate, denial rate and rates (2025)

Bangor Savings Bank took 13 mortgage applications in Vermont in 2025, ranking #99 of 320 lenders active in the state. It originated 61.5% of them and denied 23.1% (27.3% of the applications it decided), against a statewide denial rate of 14.8%.

13Applicationsin VT
27.3%Decision denial ratestate 18.1%
7.06%Median ratestate 6.71%
$265,000Median loanstate $205,000
$2.5MVolume8 counties

Bangor Savings Bank in Vermont vs the state

23.1%Denial rate+8.26 pts vs state
27.3%Decision denial rate+9.20 pts vs state
61.5%Origination rate-3.33 pts vs state
7.06%Median rate+0.36 pts vs state
0.31Rate spread (pts)+0.19 pts vs state
$214kMedian applicant income
8Loans originated
3Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310730.0%7.13%#102
2024181022.2%7.75%#77
202513823.1%7.06%#99

What Bangor Savings Bank lends in Vermont

By loan purpose

Home purchase 4 31% · 0.0% denied
Refinance 2 15% · 50.0% denied
Cash-out refinance 1 8% · 0.0% denied
Home improvement 4 31% · 25.0% denied
Other / HELOC 2 15% · 50.0% denied

By loan type

Conventional 13 100% · 23.1% denied

Why it denied Vermont applicants

Collateral 1 33%
Debt-to-income ratio 1 33%
Other 1 33%

Where in Vermont

Counties with the most Bangor Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 421 25.0%
Franklin County 210 0.0%
Bennington County 211 50.0%
Windsor County 110 0.0%
Rutland County 110 0.0%
Chittenden County 101 100.0%
Lamoille County 110 0.0%
Caledonia County 110 0.0%

Other large lenders in Vermont

LenderGradeApplicationsDenial rateMedian rate
Eastrise Federal Credit UnionA 3,5295.1%6.50%
Rocket MortgageC 1,16522.0%6.75%
North CountryC 1,1359.5%7.25%
Vermont Federal Credit UnionA 1,00312.0%6.75%
Citizens BankC 82638.9%7.65%
Emm LoansB 7611.5%6.63%
Mascoma BankB 71716.5%6.75%
Union BankB 6414.5%6.63%
Manufacturers and Traders TrustC 61730.8%5.99%
Community BankD 60713.3%7.00%

Frequently asked questions

Vermont: 13 applications in 2025, of which 8 were originated and 3 denied.

23.1% of all applications, or 27.3% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Bangor Savings Bank originated in Vermont in 2025 was 7.06%, against a statewide median of 6.71%.

About this data. Figures are Bangor Savings Bank's own HMDA filing for properties located in Vermont, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology