Luminate Home Loans · Vermont · 2025

Luminate Home Loans in Vermont: approval rate, denial rate and rates (2025)

Luminate Home Loans took 22 mortgage applications in Vermont in 2025, ranking #77 of 320 lenders active in the state. It originated 72.7% of them and denied 18.2% (20.0% of the applications it decided), against a statewide denial rate of 14.8%.

22Applicationsin VT
20.0%Decision denial ratestate 18.1%
6.69%Median ratestate 6.71%
$255,000Median loanstate $205,000
$4.5MVolume7 counties

Luminate Home Loans in Vermont vs the state

18.2%Denial rate+3.36 pts vs state
20.0%Decision denial rate+1.93 pts vs state
72.7%Origination rate+7.86 pts vs state
6.69%Median rate-0.02 pts vs state
0.12Rate spread (pts)0.00 pts vs state
$102kMedian applicant income
16Loans originated
4Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023126884.8%7.19%#27
20241891387.9%6.99%#22
2025221618.2%6.69%#77

What Luminate Home Loans lends in Vermont

By loan purpose

Home purchase 21 95% · 19.1% denied
Refinance 1 5% · 0.0% denied

By loan type

Conventional 15 68% · 13.3% denied
FHA 5 23% · 40.0% denied
VA 2 9% · 0.0% denied

Why it denied Vermont applicants

Credit history 2 50%
Collateral 2 50%

Where in Vermont

Counties with the most Luminate Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orleans County 734 57.1%
Caledonia County 550 0.0%
Chittenden County 440 0.0%
Franklin County 210 0.0%
Windham County 210 0.0%
Lamoille County 110 0.0%
Orange 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: 22 applications in 2025, of which 16 were originated and 4 denied.

18.2% of all applications, or 20.0% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Luminate Home Loans originated in Vermont in 2025 was 6.69%, against a statewide median of 6.71%.

About this data. Figures are Luminate Home Loans'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