Service Federal Credit Union · Vermont · 2025

Service Federal Credit Union in Vermont: approval rate, denial rate and rates (2025)

Service Federal Credit Union took 70 mortgage applications in Vermont in 2025, ranking #52 of 320 lenders active in the state. It originated 51.4% of them and denied 30.0% (35.6% of the applications it decided), against a statewide denial rate of 14.8%.

70Applicationsin VT
35.6%Decision denial ratestate 18.1%
6.49%Median ratestate 6.71%
$160,000Median loanstate $205,000
$6.8MVolume11 counties

Service Federal Credit Union in Vermont vs the state

30.0%Denial rate+15.18 pts vs state
35.6%Decision denial rate+17.52 pts vs state
51.4%Origination rate-13.44 pts vs state
6.49%Median rate-0.21 pts vs state
-0.28Rate spread (pts)-0.40 pts vs state
$113kMedian applicant income
36Loans originated
21Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023813734.6%5.99%#43
2024803832.5%6.49%#44
2025703630.0%6.49%#52

What Service Federal Credit Union lends in Vermont

By loan purpose

Home purchase 34 49% · 29.4% denied
Refinance 2 3% · 50.0% denied
Cash-out refinance 5 7% · 20.0% denied
Home improvement 14 20% · 28.6% denied
Other / HELOC 15 21% · 33.3% denied

By loan type

Conventional 66 94% · 28.8% denied
VA 4 6% · 50.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 9 43%
Collateral 6 29%
Credit history 4 19%
Incomplete application 1 5%
Employment history 1 5%

Where in Vermont

Counties with the most Service Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Windsor County 32208 25.0%
Orange County 1474 28.6%
Windham County 733 42.9%
Rutland County 300 0.0%
Washington County 302 66.7%
Franklin County 201 50.0%
Chittenden County 211 50.0%
Caledonia County 220 0.0%
Essex County 220 0.0%
Bennington County 211 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: 70 applications in 2025, of which 36 were originated and 21 denied.

30.0% of all applications, or 35.6% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Service Federal Credit Union originated in Vermont in 2025 was 6.49%, against a statewide median of 6.71%.

About this data. Figures are Service Federal Credit Union'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