The Federal Savings Bank · Vermont · 2025

The Federal Savings Bank in Vermont: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 26 mortgage applications in Vermont in 2025, ranking #71 of 320 lenders active in the state. It originated 34.6% of them and denied 3.9% (10.0% of the applications it decided), against a statewide denial rate of 14.8%.

26Applicationsin VT
10.0%Decision denial ratestate 18.1%
6.75%Median ratestate 6.71%
$310,000Median loanstate $205,000
$3.1MVolume10 counties

The Federal Savings Bank in Vermont vs the state

3.9%Denial rate-10.97 pts vs state
10.0%Decision denial rate-8.07 pts vs state
34.6%Origination rate-30.25 pts vs state
6.75%Median rate+0.04 pts vs state
0.32Rate spread (pts)+0.20 pts vs state
$88kMedian applicant income
9Loans originated
1Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329910.3%6.50%#68
202428113.6%6.88%#69
20252693.9%6.75%#71

What The Federal Savings Bank lends in Vermont

By loan purpose

Home purchase 4 15% · 0.0% denied
Refinance 2 8% · 0.0% denied
Cash-out refinance 18 69% · 5.6% denied
Other / HELOC 2 8% · 0.0% denied

By loan type

Conventional 6 23% · 0.0% denied
FHA 4 15% · 0.0% denied
VA 16 62% · 6.3% denied

Why it denied Vermont applicants

Collateral 1 100%

Where in Vermont

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 530 0.0%
Chittenden County 410 0.0%
Windsor County 411 25.0%
Orleans County 300 0.0%
Bennington County 310 0.0%
Washington County 210 0.0%
Essex County 220 0.0%
Grand Isle County 100 0.0%
Addison County 100 0.0%
Windham County 100 0.0%

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: 26 applications in 2025, of which 9 were originated and 1 denied.

3.9% of all applications, or 10.0% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

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

About this data. Figures are The Federal Savings 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