TD Bank · Vermont · 2025

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

TD Bank took 390 mortgage applications in Vermont in 2025, ranking #13 of 320 lenders active in the state. It originated 53.1% of them and denied 24.4% (31.3% of the applications it decided), against a statewide denial rate of 14.8%.

390Applicationsin VT
31.3%Decision denial ratestate 18.1%
7.49%Median ratestate 6.71%
$140,000Median loanstate $205,000
$85MVolume14 counties

TD Bank in Vermont vs the state

24.4%Denial rate+9.54 pts vs state
31.3%Decision denial rate+13.18 pts vs state
53.1%Origination rate-11.79 pts vs state
7.49%Median rate+0.79 pts vs state
0.40Rate spread (pts)+0.28 pts vs state
$114kMedian applicant income
207Loans originated
95Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341622429.8%7.94%#10
202442622028.6%8.54%#13
202539020724.4%7.49%#13

What TD Bank lends in Vermont

By loan purpose

Home purchase 83 21% · 21.7% denied
Refinance 100 26% · 14.0% denied
Cash-out refinance 5 1% · 60.0% denied
Home improvement 146 37% · 28.1% denied
Other / HELOC 56 14% · 33.9% denied

By loan type

Conventional 388 99% · 24.5% denied
FHA 2 1% · 0.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 63 66%
Collateral 16 17%
Credit history 13 14%
Other 3 3%

Where in Vermont

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 1026219 18.6%
Rutland County 462217 37.0%
Windham County 44239 20.5%
Lamoille County 36216 16.7%
Washington County 28158 28.6%
Windsor County 26138 30.8%
Bennington County 24145 20.8%
Franklin County 24127 29.2%
Orleans County 2277 31.8%
Caledonia County 19113 15.8%

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: 390 applications in 2025, of which 207 were originated and 95 denied.

24.4% of all applications, or 31.3% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans TD Bank originated in Vermont in 2025 was 7.49%, against a statewide median of 6.71%.

About this data. Figures are TD 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