Pennymac Loan Services · Vermont · 2025

Pennymac Loan Services in Vermont: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 181 mortgage applications in Vermont in 2025, ranking #28 of 320 lenders active in the state. It originated 45.9% of them and denied 10.5% (17.3% of the applications it decided), against a statewide denial rate of 14.8%.

181Applicationsin VT
17.3%Decision denial ratestate 18.1%
6.13%Median ratestate 6.71%
$295,000Median loanstate $205,000
$31MVolume14 counties

Pennymac Loan Services in Vermont vs the state

10.5%Denial rate-4.32 pts vs state
17.3%Decision denial rate-0.80 pts vs state
45.9%Origination rate-19.01 pts vs state
6.13%Median rate-0.58 pts vs state
0.01Rate spread (pts)-0.11 pts vs state
$113kMedian applicant income
83Loans originated
19Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231579910.8%6.25%#23
20241116416.2%6.00%#32
20251818310.5%6.13%#28

What Pennymac Loan Services lends in Vermont

By loan purpose

Home purchase 48 27% · 8.3% denied
Refinance 78 43% · 2.6% denied
Cash-out refinance 51 28% · 21.6% denied
Other / HELOC 4 2% · 50.0% denied

By loan type

Conventional 60 33% · 10.0% denied
FHA 57 31% · 14.0% denied
VA 64 35% · 7.8% denied

Why it denied Vermont applicants

Credit history 5 26%
Debt-to-income ratio 3 16%
Incomplete application 3 16%
Collateral 3 16%
Insufficient cash 3 16%
Employment history 1 5%
Other 1 5%

Where in Vermont

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 32173 9.4%
Franklin County 30103 10.0%
Windham County 24160 0.0%
Washington County 1663 18.8%
Rutland County 1664 25.0%
Windsor County 1552 13.3%
Orleans County 921 11.1%
Addison County 860 0.0%
Bennington County 841 12.5%
Lamoille County 730 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: 181 applications in 2025, of which 83 were originated and 19 denied.

10.5% of all applications, or 17.3% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Pennymac Loan Services originated in Vermont in 2025 was 6.13%, against a statewide median of 6.71%.

About this data. Figures are Pennymac Loan Services'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