Mascoma Bank · Vermont · 2025

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

Mascoma Bank took 717 mortgage applications in Vermont in 2025, ranking #7 of 320 lenders active in the state. It originated 69.7% of them and denied 16.5% (18.0% of the applications it decided), against a statewide denial rate of 14.8%.

717Applicationsin VT
18.0%Decision denial ratestate 18.1%
6.75%Median ratestate 6.71%
$205,000Median loanstate $205,000
$176MVolume14 counties

Mascoma Bank in Vermont vs the state

16.5%Denial rate+1.64 pts vs state
18.0%Decision denial rate-0.03 pts vs state
69.7%Origination rate+4.87 pts vs state
6.75%Median rate+0.04 pts vs state
-0.20Rate spread (pts)-0.33 pts vs state
$134kMedian applicant income
500Loans originated
118Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369750213.5%6.63%#5
202465344815.5%7.29%#5
202571750016.5%6.75%#7

What Mascoma Bank lends in Vermont

By loan purpose

Home purchase 336 47% · 14.0% denied
Refinance 33 5% · 12.1% denied
Cash-out refinance 90 13% · 22.2% denied
Home improvement 127 18% · 15.0% denied
Other / HELOC 131 18% · 21.4% denied

By loan type

Conventional 717 100% · 16.5% denied

Why it denied Vermont applicants

Debt-to-income ratio 69 58%
Credit history 19 16%
Collateral 12 10%
Other 8 7%
Employment history 7 6%
Insufficient cash 3 3%

Where in Vermont

Counties with the most Mascoma Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Windsor County 38627267 17.4%
Orange County 987017 17.3%
Chittenden County 684411 16.2%
Rutland County 46318 17.4%
Windham County 29194 13.8%
Lamoille County 23183 13.0%
Washington County 22192 9.1%
Essex County 1472 14.3%
Caledonia County 1362 15.4%
Addison County 961 11.1%

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%
Union BankB 6414.5%6.63%
Manufacturers and Traders TrustC 61730.8%5.99%
Community BankD 60713.3%7.00%
Northeast Home LoanA 5242.1%6.50%

Frequently asked questions

Vermont: 717 applications in 2025, of which 500 were originated and 118 denied.

16.5% of all applications, or 18.0% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Mascoma Bank originated in Vermont in 2025 was 6.75%, against a statewide median of 6.71%.

About this data. Figures are Mascoma 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