Spring Eq in Vermont vs the state
59.3%Denial rate+44.50 pts vs state
72.9%Decision denial rate+54.85 pts vs state
20.3%Origination rate-44.53 pts vs state
8.83%Median rate+2.12 pts vs state
3.13Rate spread (pts)+3.00 pts vs state
$122kMedian applicant income
24Loans originated
70Denied
Trend in Vermont
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 44 | 12 | 65.9% | 11.69% | #60 |
| 2024 | 38 | 9 | 65.8% | 10.75% | #62 |
| 2025 | 118 | 24 | 59.3% | 8.83% | #36 |
What Spring Eq lends in Vermont
By loan purpose
By loan type
Why it denied Vermont applicants
Where in Vermont
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chittenden County | 39 | 6 | 24 | 61.5% |
| Windsor County | 12 | 4 | 7 | 58.3% |
| Washington County | 9 | 2 | 4 | 44.4% |
| Rutland County | 9 | 2 | 3 | 33.3% |
| Windham County | 7 | 3 | 4 | 57.1% |
| Bennington County | 7 | 1 | 6 | 85.7% |
| Addison County | 5 | 0 | 5 | 100.0% |
| Franklin County | 5 | 1 | 1 | 20.0% |
| Orange County | 5 | 1 | 3 | 60.0% |
| Orleans County | 5 | 0 | 4 | 80.0% |
Other large lenders in Vermont
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Eastrise Federal Credit Union | A | 3,529 | 5.1% | 6.50% |
| Rocket Mortgage | C | 1,165 | 22.0% | 6.75% |
| North Country | C | 1,135 | 9.5% | 7.25% |
| Vermont Federal Credit Union | A | 1,003 | 12.0% | 6.75% |
| Citizens Bank | C | 826 | 38.9% | 7.65% |
| Emm Loans | B | 761 | 1.5% | 6.63% |
| Mascoma Bank | B | 717 | 16.5% | 6.75% |
| Union Bank | B | 641 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 617 | 30.8% | 5.99% |
| Community Bank | D | 607 | 13.3% | 7.00% |
Frequently asked questions
Vermont: 118 applications in 2025, of which 24 were originated and 70 denied.
59.3% of all applications, or 72.9% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.
The median rate on loans Spring Eq originated in Vermont in 2025 was 8.83%, against a statewide median of 6.71%.
About this data. Figures are Spring Eq'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