Rocket Mortgage · Vermont · 2025

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

Rocket Mortgage took 1,165 mortgage applications in Vermont in 2025, ranking #2 of 320 lenders active in the state. It originated 67.5% of them and denied 22.0% (23.9% of the applications it decided), against a statewide denial rate of 14.8%.

1.2kApplicationsin VT
23.9%Decision denial ratestate 18.1%
6.75%Median ratestate 6.71%
$205,000Median loanstate $205,000
$178MVolume14 counties

Rocket Mortgage in Vermont vs the state

22.0%Denial rate+7.15 pts vs state
23.9%Decision denial rate+5.79 pts vs state
67.5%Origination rate+2.60 pts vs state
6.75%Median rate+0.04 pts vs state
0.64Rate spread (pts)+0.52 pts vs state
$99kMedian applicant income
786Loans originated
256Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202378956718.3%6.50%#4
202492870615.7%6.75%#3
20251,16578622.0%6.75%#2

What Rocket Mortgage lends in Vermont

By loan purpose

Home purchase 276 24% · 17.0% denied
Refinance 214 18% · 22.0% denied
Cash-out refinance 629 54% · 24.0% denied
Home improvement 13 1% · 15.4% denied
Other / HELOC 33 3% · 27.3% denied

By loan type

Conventional 864 74% · 20.1% denied
FHA 224 19% · 31.7% denied
VA 77 7% · 14.3% denied

Why it denied Vermont applicants

Collateral 119 46%
Debt-to-income ratio 48 19%
Incomplete application 39 15%
Credit history 24 9%
Insufficient cash 12 5%
Other 6 2%
Employment history 4 2%
Unverifiable information 4 2%

Where in Vermont

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rutland County 17712034 19.2%
Chittenden County 16310931 19.0%
Windsor County 1419632 22.7%
Washington County 1238827 22.0%
Franklin County 1068020 18.9%
Windham County 946422 23.4%
Bennington County 714913 18.3%
Orleans County 673920 29.9%
Orange County 583515 25.9%
Caledonia County 503114 28.0%

Other large lenders in Vermont

LenderGradeApplicationsDenial rateMedian rate
Eastrise Federal Credit UnionA 3,5295.1%6.50%
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%
Northeast Home LoanA 5242.1%6.50%

Frequently asked questions

Vermont: 1,165 applications in 2025, of which 786 were originated and 256 denied.

22.0% of all applications, or 23.9% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

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

About this data. Figures are Rocket Mortgage'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