Northfield Savings Bank · Vermont · 2025

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

Northfield Savings Bank took 319 mortgage applications in Vermont in 2025, ranking #16 of 320 lenders active in the state. It originated 70.5% of them and denied 9.7% (11.5% of the applications it decided), against a statewide denial rate of 14.8%.

319Applicationsin VT
11.5%Decision denial ratestate 18.1%
6.50%Median ratestate 6.71%
$255,000Median loanstate $205,000
$94MVolume13 counties

Northfield Savings Bank in Vermont vs the state

9.7%Denial rate-5.10 pts vs state
11.5%Decision denial rate-6.55 pts vs state
70.5%Origination rate+5.66 pts vs state
6.50%Median rate-0.21 pts vs state
-0.02Rate spread (pts)-0.15 pts vs state
$130kMedian applicant income
225Loans originated
31Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202339522717.0%6.52%#12
202436925710.6%6.57%#14
20253192259.7%6.50%#16

What Northfield Savings Bank lends in Vermont

By loan purpose

Home purchase 183 57% · 4.9% denied
Refinance 19 6% · 0.0% denied
Cash-out refinance 34 11% · 14.7% denied
Home improvement 59 18% · 15.3% denied
Other / HELOC 24 8% · 33.3% denied

By loan type

Conventional 317 99% · 9.8% denied
VA 2 1% · 0.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 20 65%
Collateral 7 23%
Credit history 3 10%
Other 1 3%

Where in Vermont

Counties with the most Northfield Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 1381018 5.8%
Chittenden County 75597 9.3%
Orange County 39276 15.4%
Windsor County 1373 23.1%
Addison County 1251 8.3%
Lamoille County 1291 8.3%
Caledonia County 961 11.1%
Franklin County 851 12.5%
Rutland County 612 33.3%
Windham County 201 50.0%

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: 319 applications in 2025, of which 225 were originated and 31 denied.

9.7% of all applications, or 11.5% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Northfield Savings Bank originated in Vermont in 2025 was 6.50%, against a statewide median of 6.71%.

About this data. Figures are Northfield Savings 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