PNC Bank · Vermont · 2025

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

PNC Bank took 44 mortgage applications in Vermont in 2025, ranking #60 of 320 lenders active in the state. It originated 52.3% of them and denied 18.2% (25.8% of the applications it decided), against a statewide denial rate of 14.8%.

44Applicationsin VT
25.8%Decision denial ratestate 18.1%
6.75%Median ratestate 6.71%
$150,000Median loanstate $205,000
$5.9MVolume12 counties

PNC Bank in Vermont vs the state

18.2%Denial rate+3.36 pts vs state
25.8%Decision denial rate+7.74 pts vs state
52.3%Origination rate-12.60 pts vs state
6.75%Median rate+0.04 pts vs state
0.42Rate spread (pts)+0.29 pts vs state
$124kMedian applicant income
23Loans originated
8Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023602521.7%7.00%#54
2024472031.9%8.59%#58
2025442318.2%6.75%#60

What PNC Bank lends in Vermont

By loan purpose

Home purchase 15 34% · 0.0% denied
Refinance 3 7% · 33.3% denied
Cash-out refinance 2 5% · 0.0% denied
Home improvement 12 27% · 16.7% denied
Other / HELOC 12 27% · 41.7% denied

By loan type

Conventional 40 91% · 20.0% denied
FHA 3 7% · 0.0% denied
VA 1 2% · 0.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 4 50%
Credit history 2 25%
Incomplete application 1 13%
Other 1 13%

Where in Vermont

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 640 0.0%
Washington County 621 16.7%
Rutland County 631 16.7%
Windham County 621 16.7%
Orleans County 412 50.0%
Franklin County 430 0.0%
Bennington County 320 0.0%
Windsor County 330 0.0%
Orange County 220 0.0%
Addison County 202 100.0%

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: 44 applications in 2025, of which 23 were originated and 8 denied.

18.2% of all applications, or 25.8% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

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

About this data. Figures are PNC 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