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Chittenden County, Vermont · 2025

Mortgage lenders in Chittenden County, VT: denial rates and top lenders (2025)

151 lenders acted on 5,019 mortgage applications for properties in Chittenden County in 2025. 10.5% were denied (Vermont: 14.8%). Median rate on closed loans 6.63%; median loan $255,000; median property value $515,000.

5.0kApplications
10.5%Denial ratestate 14.8%
6.63%Median ratestate 6.71%
$255,000Median loan
$515,000Median property value

Largest lenders in Chittenden County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Eastrise Federal Credit Union A 1,5531,213 3.5%6.50%
2 Vermont Federal Credit Union A 389305 9.0%6.75%
3 Northeast Home Loan A 250225 1.2%6.38%
4 Citizens Bank C 207115 30.4%7.65%
5 North Country C 204141 7.4%7.00%
6 Emm Loans B 200177 1.0%6.63%
7 CMG Mortgage A 165131 4.2%6.50%
8 Rocket Mortgage C 163109 19.0%6.88%
9 Union Bank B 152133 3.3%6.50%
10 Manufacturers and Traders Trust C 15192 26.5%5.99%
11 Community Bank D 12890 9.4%7.00%
12 TD Bank D 10262 18.6%7.34%
13 United Shore Financial Services B 7562 5.3%6.50%
14 Northfield Savings Bank B 7559 9.3%6.50%
15 Mascoma Bank B 6844 16.2%6.69%
16 NBT Bank B 5435 11.1%3.49%
17 Newrez D 5319 13.2%6.50%
18 Better Mortgage F 4329 20.9%6.63%
19 KeyBank C 4218 31.0%8.24%
20 Spring Eq D 396 61.5%8.76%
21 Fairway Independent Mortgage B 3427 5.9%6.88%
22 Mortgage Research Center C 3314 12.1%6.25%
23 Pennymac Loan Services C 3217 9.4%6.13%
24 Freedom Mortgage B 3217 15.6%6.25%
25 AmeriSave Mortgage D 318 54.8%7.31%

Best approval odds in Chittenden County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Emm Loans1841.1%
2Northeast Home Loan2291.3%
3Union Bank1413.6%
4Eastrise Federal Credit Union1,2804.3%
5CMG Mortgage1444.9%
6United Shore Financial Services695.8%
7North Country1579.6%
8Vermont Federal Credit Union3579.8%
9Northfield Savings Bank6810.3%
10Community Bank10311.7%

What Chittenden County borrowers applied for

By loan purpose

Home purchase 2,227 44% · 5.3% denied
Refinance 883 18% · 8.2% denied
Cash-out refinance 492 10% · 20.7% denied
Home improvement 807 16% · 13.5% denied
Other / HELOC 610 12% · 20.7% denied

By loan type

Conventional 4,691 93% · 10.3% denied
FHA 159 3% · 17.6% denied
VA 165 3% · 8.5% denied
USDA / RHS 4 0% · 50.0% denied

Why applications were denied

Debt-to-income ratio 241 46%
Credit history 81 15%
Collateral 80 15%
Incomplete application 58 11%
Other 39 7%
Unverifiable information 13 2%
Insufficient cash 8 2%
Employment history 6 1%

Chittenden County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,1452,86312.8%7.00%$205,000
20244,3162,98811.8%6.99%$225,000
20255,0193,57810.5%6.63%$255,000

Frequently asked questions

10.5% of applications in Chittenden County were denied in 2025, against 14.8% statewide in Vermont.

Eastrise Federal Credit Union, with 1,553 applications in 2025 and a denial rate of 3.5%.

The median mortgage application in Chittenden County in 2025 was for $255,000; the median property value on originated loans was $515,000.