Vermont Federal Credit Union · Vermont · 2025

Vermont Federal Credit Union in Vermont: approval rate, denial rate and rates (2025)

Vermont Federal Credit Union took 1,003 mortgage applications in Vermont in 2025, ranking #4 of 320 lenders active in the state. It originated 76.9% of them and denied 12.0% (12.8% of the applications it decided), against a statewide denial rate of 14.8%.

1.0kApplicationsin VT
12.8%Decision denial ratestate 18.1%
6.75%Median ratestate 6.71%
$155,000Median loanstate $205,000
$158MVolume13 counties

Vermont Federal Credit Union in Vermont vs the state

12.0%Denial rate-2.86 pts vs state
12.8%Decision denial rate-5.32 pts vs state
76.9%Origination rate+12.00 pts vs state
6.75%Median rate+0.04 pts vs state
-0.19Rate spread (pts)-0.31 pts vs state
$119kMedian applicant income
771Loans originated
120Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,23473424.7%7.75%#2
202485360117.1%7.50%#4
20251,00377112.0%6.75%#4

What Vermont Federal Credit Union lends in Vermont

By loan purpose

Home purchase 278 28% · 4.3% denied
Refinance 248 25% · 11.7% denied
Cash-out refinance 81 8% · 34.6% denied
Home improvement 250 25% · 13.2% denied
Other / HELOC 146 15% · 12.3% denied

By loan type

Conventional 1,003 100% · 12.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 78 65%
Collateral 17 14%
Credit history 10 8%
Other 8 7%
Employment history 3 3%
Unverifiable information 2 2%
Insufficient cash 2 2%

Where in Vermont

Counties with the most Vermont Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 38930535 9.0%
Franklin County 22517626 11.6%
Addison County 16812128 16.7%
Washington County 51388 15.7%
Lamoille County 42363 7.1%
Rutland County 38305 13.2%
Windham County 17123 17.6%
Windsor County 1696 37.5%
Grand Isle County 15111 6.7%
Orange County 1595 33.3%

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%
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%
Northeast Home LoanA 5242.1%6.50%

Frequently asked questions

Vermont: 1,003 applications in 2025, of which 771 were originated and 120 denied.

12.0% of all applications, or 12.8% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

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

About this data. Figures are Vermont Federal Credit Union'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