USAA Federal Savings Bank · Vermont · 2025

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

USAA Federal Savings Bank took 83 mortgage applications in Vermont in 2025, ranking #50 of 320 lenders active in the state. It originated 49.4% of them and denied 34.9% (41.4% of the applications it decided), against a statewide denial rate of 14.8%.

83Applicationsin VT
41.4%Decision denial ratestate 18.1%
6.38%Median ratestate 6.71%
$325,000Median loanstate $205,000
$15MVolume14 counties

USAA Federal Savings Bank in Vermont vs the state

34.9%Denial rate+20.12 pts vs state
41.4%Decision denial rate+23.36 pts vs state
49.4%Origination rate-15.47 pts vs state
6.38%Median rate-0.33 pts vs state
-0.13Rate spread (pts)-0.26 pts vs state
$140kMedian applicant income
41Loans originated
29Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023652723.1%6.50%#48
2024693924.6%6.50%#50
2025834134.9%6.38%#50

What USAA Federal Savings Bank lends in Vermont

By loan purpose

Home purchase 65 78% · 33.9% denied
Refinance 3 4% · 0.0% denied
Cash-out refinance 13 16% · 46.2% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 44 53% · 36.4% denied
VA 39 47% · 33.3% denied

Why it denied Vermont applicants

Debt-to-income ratio 11 38%
Incomplete application 9 31%
Collateral 3 10%
Insufficient cash 2 7%
Other 2 7%
Unverifiable information 1 3%
Credit history 1 3%

Where in Vermont

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

CountyApplicationsOriginatedDeniedDenial rate
Washington County 1383 23.1%
Windham County 1136 54.5%
Caledonia County 953 33.3%
Chittenden County 914 44.4%
Orleans County 853 37.5%
Windsor County 833 37.5%
Rutland County 825 62.5%
Lamoille County 541 20.0%
Franklin County 440 0.0%
Addison County 330 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: 83 applications in 2025, of which 41 were originated and 29 denied.

34.9% of all applications, or 41.4% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans USAA Federal Savings Bank originated in Vermont in 2025 was 6.38%, against a statewide median of 6.71%.

About this data. Figures are USAA 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