Mortgage Research Center · Vermont · 2025

Mortgage Research Center in Vermont: approval rate, denial rate and rates (2025)

Mortgage Research Center took 366 mortgage applications in Vermont in 2025, ranking #14 of 320 lenders active in the state. It originated 45.6% of them and denied 15.3% (25.0% of the applications it decided), against a statewide denial rate of 14.8%.

366Applicationsin VT
25.0%Decision denial ratestate 18.1%
6.44%Median ratestate 6.71%
$285,000Median loanstate $205,000
$53MVolume14 counties

Mortgage Research Center in Vermont vs the state

15.3%Denial rate+0.48 pts vs state
25.0%Decision denial rate+6.93 pts vs state
45.6%Origination rate-19.24 pts vs state
6.44%Median rate-0.27 pts vs state
0.02Rate spread (pts)-0.11 pts vs state
$94kMedian applicant income
167Loans originated
56Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326212815.3%6.99%#15
202430813617.5%6.63%#16
202536616715.3%6.44%#14

What Mortgage Research Center lends in Vermont

By loan purpose

Home purchase 206 56% · 6.3% denied
Refinance 65 18% · 16.9% denied
Cash-out refinance 95 26% · 33.7% denied

By loan type

Conventional 39 11% · 12.8% denied
FHA 28 8% · 3.6% denied
VA 299 82% · 16.7% denied

Why it denied Vermont applicants

Credit history 34 61%
Other 9 16%
Incomplete application 6 11%
Collateral 4 7%
Debt-to-income ratio 3 5%

Where in Vermont

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Windsor County 532210 18.9%
Franklin County 53245 9.4%
Rutland County 39205 12.8%
Washington County 36119 25.0%
Chittenden County 33144 12.1%
Orleans County 28154 14.3%
Orange County 26162 7.7%
Bennington County 25127 28.0%
Windham County 2294 18.2%
Caledonia County 19100 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: 366 applications in 2025, of which 167 were originated and 56 denied.

15.3% of all applications, or 25.0% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Mortgage Research Center originated in Vermont in 2025 was 6.44%, against a statewide median of 6.71%.

About this data. Figures are Mortgage Research Center'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