Carrington Mortgage Services · Vermont · 2025

Carrington Mortgage Services in Vermont: approval rate, denial rate and rates (2025)

Carrington Mortgage Services took 62 mortgage applications in Vermont in 2025, ranking #53 of 320 lenders active in the state. It originated 38.7% of them and denied 46.8% (51.8% of the applications it decided), against a statewide denial rate of 14.8%.

62Applicationsin VT
51.8%Decision denial ratestate 18.1%
6.38%Median ratestate 6.71%
$170,000Median loanstate $205,000
$5.0MVolume13 counties

Carrington Mortgage Services in Vermont vs the state

46.8%Denial rate+31.95 pts vs state
51.8%Decision denial rate+33.72 pts vs state
38.7%Origination rate-26.16 pts vs state
6.38%Median rate-0.33 pts vs state
0.48Rate spread (pts)+0.35 pts vs state
$102kMedian applicant income
24Loans originated
29Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023641648.4%7.31%#49
2024621751.6%6.38%#54
2025622446.8%6.38%#53

What Carrington Mortgage Services lends in Vermont

By loan purpose

Home purchase 4 6% · 25.0% denied
Refinance 5 8% · 80.0% denied
Cash-out refinance 53 85% · 45.3% denied

By loan type

Conventional 28 45% · 39.3% denied
FHA 23 37% · 56.5% denied
VA 11 18% · 45.5% denied

Why it denied Vermont applicants

Incomplete application 20 69%
Credit history 3 10%
Debt-to-income ratio 3 10%
Unverifiable information 1 3%
Insufficient cash 1 3%
Other 1 3%

Where in Vermont

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 1146 54.5%
Washington County 1127 63.6%
Franklin County 835 62.5%
Orange County 622 33.3%
Windsor County 621 16.7%
Bennington County 541 20.0%
Rutland County 412 50.0%
Windham County 321 33.3%
Addison County 321 33.3%
Orleans County 211 50.0%

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: 62 applications in 2025, of which 24 were originated and 29 denied.

46.8% of all applications, or 51.8% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Carrington Mortgage Services originated in Vermont in 2025 was 6.38%, against a statewide median of 6.71%.

About this data. Figures are Carrington Mortgage Services'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