The National Bank of Middlebury · Vermont · 2025

The National Bank of Middlebury in Vermont: approval rate, denial rate and rates (2025)

The National Bank of Middlebury took 156 mortgage applications in Vermont in 2025, ranking #31 of 320 lenders active in the state. It originated 74.4% of them and denied 5.1% (6.5% of the applications it decided), against a statewide denial rate of 14.8%.

156Applicationsin VT
6.5%Decision denial ratestate 18.1%
Median ratestate 6.71%
$245,000Median loanstate $205,000
$36MVolume7 counties

The National Bank of Middlebury in Vermont vs the state

5.1%Denial rate-9.69 pts vs state
6.5%Decision denial rate-11.62 pts vs state
74.4%Origination rate+9.49 pts vs state
Median rate
Rate spread (pts)
$121kMedian applicant income
116Loans originated
8Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231881407.5%#20
20241621264.9%#26
20251561165.1%#31

What The National Bank of Middlebury lends in Vermont

By loan purpose

Home purchase 112 72% · 2.7% denied
Refinance 16 10% · 6.3% denied
Cash-out refinance 4 3% · 0.0% denied
Home improvement 17 11% · 11.8% denied
Other / HELOC 7 4% · 28.6% denied

By loan type

Conventional 154 99% · 5.2% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 5 63%
Other 3 38%

Where in Vermont

Counties with the most The National Bank of Middlebury applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Addison County 112836 5.4%
Rutland County 18122 11.1%
Washington County 1190 0.0%
Chittenden County 1080 0.0%
Franklin County 220 0.0%
Windsor County 210 0.0%
Orleans County 110 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: 156 applications in 2025, of which 116 were originated and 8 denied.

5.1% of all applications, or 6.5% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The National Bank of Middlebury'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