The National Bank of Middlebury at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
65th6.5% deniedProcesswithdrawn + incomplete share, weight 15%
18th20.5%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 205 | 154 | 6.8% | 8.2% | — | $47M |
| 2024 | 162 | 126 | 4.9% | 5.9% | — | $38M |
| 2025 | 156 | 116 | 5.1% | 6.5% | — | $36M |
What The National Bank of Middlebury lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 14 investment properties.
Why The National Bank of Middlebury denies applications
Primary reason reported for each of the 8 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at The National Bank of Middlebury
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 35 | 25 | 3.9% |
| $100k – $150k | 48 | 34 | 5.6% |
| $150k – $250k | 27 | 25 | 0.0% |
| Over $250k | 32 | 23 | 8.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 26 | 18 | 5.3% |
| 35–44 | 42 | 31 | 8.8% |
| 45–54 | 35 | 26 | 3.7% |
| 55–64 | 26 | 18 | 14.3% |
Where The National Bank of Middlebury lends
1 states and 7 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Vermont | 156 | 116 | 5.1% | — | #31 |
Frequently asked questions
The National Bank of Middlebury denied 6.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of small mortgage lenders.
The most common reason The National Bank of Middlebury gave in 2025 was "debt-to-income ratio", cited on 62.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 72% of its applications were for home purchases, 13% for refinancing (including cash-out), and 15% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.