Figure Lending · Vermont · 2025

Figure Lending in Vermont: approval rate, denial rate and rates (2025)

Figure Lending took 166 mortgage applications in Vermont in 2025, ranking #30 of 320 lenders active in the state. It originated 27.7% of them and denied 42.2% (44.0% of the applications it decided), against a statewide denial rate of 14.8%.

166Applicationsin VT
44.0%Decision denial ratestate 18.1%
9.94%Median ratestate 6.71%
$65,000Median loanstate $205,000
$4.1MVolume14 counties

Figure Lending in Vermont vs the state

42.2%Denial rate+27.35 pts vs state
44.0%Decision denial rate+25.96 pts vs state
27.7%Origination rate-37.16 pts vs state
9.94%Median rate+3.23 pts vs state
3.29Rate spread (pts)+3.17 pts vs state
$106kMedian applicant income
46Loans originated
70Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023763040.8%11.61%#44
2024962735.4%12.45%#38
20251664642.2%9.94%#30

What Figure Lending lends in Vermont

By loan purpose

Home improvement 62 37% · 40.3% denied
Other / HELOC 104 63% · 43.3% denied

By loan type

Conventional 166 100% · 42.2% denied

Why it denied Vermont applicants

Incomplete application 29 41%
Collateral 18 26%
Debt-to-income ratio 16 23%
Credit history 6 9%
Other 1 1%

Where in Vermont

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rutland County 28611 39.3%
Chittenden County 26613 50.0%
Windsor County 25612 48.0%
Franklin County 1865 27.8%
Orange County 1245 41.7%
Bennington County 1253 25.0%
Windham County 1035 50.0%
Washington County 1045 50.0%
Caledonia County 933 33.3%
Orleans County 613 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: 166 applications in 2025, of which 46 were originated and 70 denied.

42.2% of all applications, or 44.0% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Figure Lending originated in Vermont in 2025 was 9.94%, against a statewide median of 6.71%.

About this data. Figures are Figure Lending'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