First Federal Bank · Vermont · 2025

First Federal Bank in Vermont: approval rate, denial rate and rates (2025)

First Federal Bank took 10 mortgage applications in Vermont in 2025, ranking #106 of 320 lenders active in the state. It originated 50.0% of them and denied 20.0% (28.6% of the applications it decided), against a statewide denial rate of 14.8%.

10Applicationsin VT
28.6%Decision denial ratestate 18.1%
6.25%Median ratestate 6.71%
$360,000Median loanstate $205,000
$2.1MVolume7 counties

First Federal Bank in Vermont vs the state

20.0%Denial rate+5.18 pts vs state
28.6%Decision denial rate+10.50 pts vs state
50.0%Origination rate-14.87 pts vs state
6.25%Median rate-0.46 pts vs state
-0.17Rate spread (pts)-0.29 pts vs state
$126kMedian applicant income
5Loans originated
2Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024650.0%6.13%#122
202510520.0%6.25%#106

What First Federal Bank lends in Vermont

By loan purpose

Home purchase 6 60% · 16.7% denied
Refinance 2 20% · 0.0% denied
Cash-out refinance 1 10% · 100.0% denied
Other / HELOC 1 10% · 0.0% denied

By loan type

Conventional 9 90% · 22.2% denied
VA 1 10% · 0.0% denied

Why it denied Vermont applicants

Incomplete application 2 100%

Where in Vermont

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Windsor County 201 50.0%
Caledonia County 211 50.0%
Washington County 210 0.0%
Chittenden County 110 0.0%
Rutland County 100 0.0%
Franklin County 110 0.0%
Windham 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: 10 applications in 2025, of which 5 were originated and 2 denied.

20.0% of all applications, or 28.6% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans First Federal Bank originated in Vermont in 2025 was 6.25%, against a statewide median of 6.71%.

About this data. Figures are First Federal 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