North Country in Vermont vs the state
9.5%Denial rate-5.30 pts vs state
12.7%Decision denial rate-5.42 pts vs state
65.2%Origination rate+0.33 pts vs state
7.25%Median rate+0.54 pts vs state
1.05Rate spread (pts)+0.92 pts vs state
$89kMedian applicant income
740Loans originated
108Denied
Trend in Vermont
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,051 | 562 | 17.7% | 7.29% | #3 |
| 2024 | 1,168 | 668 | 17.1% | 7.50% | #2 |
| 2025 | 1,135 | 740 | 9.5% | 7.25% | #3 |
What North Country lends in Vermont
By loan purpose
By loan type
Why it denied Vermont applicants
Where in Vermont
Counties with the most North Country applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orleans County | 224 | 151 | 19 | 8.5% |
| Washington County | 213 | 128 | 24 | 11.3% |
| Chittenden County | 204 | 141 | 15 | 7.4% |
| Caledonia County | 154 | 104 | 15 | 9.7% |
| Lamoille County | 106 | 72 | 9 | 8.5% |
| Franklin County | 72 | 42 | 7 | 9.7% |
| Orange County | 53 | 35 | 5 | 9.4% |
| Grand Isle County | 39 | 28 | 5 | 12.8% |
| Essex County | 26 | 12 | 4 | 15.4% |
| Addison County | 21 | 14 | 1 | 4.8% |
Other large lenders in Vermont
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Eastrise Federal Credit Union | A | 3,529 | 5.1% | 6.50% |
| Rocket Mortgage | C | 1,165 | 22.0% | 6.75% |
| Vermont Federal Credit Union | A | 1,003 | 12.0% | 6.75% |
| Citizens Bank | C | 826 | 38.9% | 7.65% |
| Emm Loans | B | 761 | 1.5% | 6.63% |
| Mascoma Bank | B | 717 | 16.5% | 6.75% |
| Union Bank | B | 641 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 617 | 30.8% | 5.99% |
| Community Bank | D | 607 | 13.3% | 7.00% |
| Northeast Home Loan | A | 524 | 2.1% | 6.50% |
Frequently asked questions
Vermont: 1,135 applications in 2025, of which 740 were originated and 108 denied.
9.5% of all applications, or 12.7% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.
The median rate on loans North Country originated in Vermont in 2025 was 7.25%, against a statewide median of 6.71%.
About this data. Figures are North Country'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