First State Bank of Middlebury at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
69th5.7% deniedProcesswithdrawn + incomplete share, weight 15%
65th8.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 191 | 152 | 6.8% | 7.8% | 7.13% | $35M |
| 2024 | 200 | 139 | 13.0% | 15.3% | — | $33M |
| 2025 | 210 | 181 | 5.2% | 5.7% | — | $54M |
What First State Bank of Middlebury lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 7 manufactured homes, 39 investment properties.
Who gets approved at First State Bank of Middlebury
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 62 | 52 | 7.1% |
| $100k – $150k | 51 | 44 | 4.4% |
| $150k – $250k | 29 | 26 | 0.0% |
| Over $250k | 22 | 20 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 28 | 27 | 0.0% |
| 25–34 | 53 | 45 | 6.3% |
| 35–44 | 38 | 31 | 6.1% |
| 45–54 | 30 | 25 | 3.9% |
| 55–64 | 24 | 17 | 19.1% |
Where First State Bank of Middlebury lends
4 states and 14 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First State Bank of Middlebury denied 5.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 69th percentile of small mortgage lenders.
In 2025, 69% of its applications were for home purchases, 24% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.