Wells Fargo Bank · Vermont · 2025

Wells Fargo Bank in Vermont: approval rate, denial rate and rates (2025)

Wells Fargo Bank took 54 mortgage applications in Vermont in 2025, ranking #56 of 320 lenders active in the state. It originated 50.0% of them and denied 13.0% (20.6% of the applications it decided), against a statewide denial rate of 14.8%.

54Applicationsin VT
20.6%Decision denial ratestate 18.1%
6.50%Median ratestate 6.71%
$295,000Median loanstate $205,000
$13MVolume13 counties

Wells Fargo Bank in Vermont vs the state

13.0%Denial rate-1.86 pts vs state
20.6%Decision denial rate+2.52 pts vs state
50.0%Origination rate-14.87 pts vs state
6.50%Median rate-0.21 pts vs state
0.28Rate spread (pts)+0.16 pts vs state
$183kMedian applicant income
27Loans originated
7Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023843625.0%6.44%#39
2024673014.9%6.56%#51
2025542713.0%6.50%#56

What Wells Fargo Bank lends in Vermont

By loan purpose

Home purchase 35 65% · 11.4% denied
Refinance 5 9% · 0.0% denied
Cash-out refinance 11 20% · 27.3% denied
Other / HELOC 3 6% · 0.0% denied

By loan type

Conventional 52 96% · 11.5% denied
FHA 1 2% · 0.0% denied
VA 1 2% · 100.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 4 57%
Collateral 1 14%
Insufficient cash 1 14%
Other 1 14%

Where in Vermont

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Windsor County 1282 16.7%
Windham County 1151 9.1%
Bennington County 541 20.0%
Orange County 512 40.0%
Rutland County 510 0.0%
Chittenden County 430 0.0%
Lamoille County 320 0.0%
Caledonia County 210 0.0%
Franklin County 201 50.0%
Orleans County 200 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: 54 applications in 2025, of which 27 were originated and 7 denied.

13.0% of all applications, or 20.6% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Wells Fargo Bank originated in Vermont in 2025 was 6.50%, against a statewide median of 6.71%.

About this data. Figures are Wells Fargo 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