BURLINGTON - SOUTH BURLINGTON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Burlington - South Burlington averaged
6.5%
for the week of 2024-07-18, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2024-07-11) was
6.52% and
one month ago for the week of 2024-06-13, the
average rate was 6.78%.
Burlington - South Burlington's average rate one year ago was 6.99%.
For refis of the same type during the week of 2024-07-18, the average rate
was 6.94%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-07-18 | 6.77% |
| Burlington - South Burlington 30 Year Fixed Rate | 2024-07-18 | 6.5% |
| Burlington - South Burlington 30 Year Fixed Rate Refi | 2024-07-18 | 6.94% |
| Burlington - South Burlington 15 Year Fixed Rate | 2024-07-18 | 6.49% |
| Burlington - South Burlington 15 Year Fixed Rate Refi | 2024-07-18 | 6.05% |
| Burlington - South Burlington 30 Year FHA | 2024-07-18 | 6.67% |
| Burlington - South Burlington 30 Year FHA Refi | 2024-07-18 | 6.79% |
| Burlington - South Burlington 30 Year USDA | 2024-07-18 | 6.73% |
| Burlington - South Burlington 30 Year USDA Refi | 2024-07-18 | 6.53% |
| Burlington - South Burlington 30 Year VA | 2024-07-18 | 6.25% |
| Burlington - South Burlington 30 Year VA Refi | 2024-07-18 | 6.2% |
BURLINGTON - SOUTH BURLINGTON Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BURLINGTON-SOUTH BURLINGTON, VT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BURLINGTON - SOUTH BURLINGTON Average Closing Costs & Other Stats
BURLINGTON-SOUTH BURLINGTON, VT's 86 lenders originated 4,212
loans during 2023. The total origination value was $1,082,330,000, with an average loan value of
$256,963.
BURLINGTON - SOUTH BURLINGTON's average closing costs are $4,497.
The top BURLINGTON - SOUTH BURLINGTON lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with
381 loans originated. Their average total fees are
$4,239, which is $1,850
lower than the next largest lender,
NORTHEAST HOME LOAN, LLC.
The lowest fee BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are
Community Bank ($553), NORTH COUNTRY ($3,821), Northfield Savings Bank ($3,831), TD Bank ($3,860) and Vermont Federal Credit Union ($3,957).
The lowest rate BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (5.81%), Northfield Savings Bank (5.98%), JPMorgan Chase Bank (6.14%), TD Bank (6.21%) and PENNYMAC LOAN SERVICES, LLC (6.28%).
BURLINGTON-SOUTH BURLINGTON, VT Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| NEW ENGLAND FEDERAL CREDIT UNION | $403,175,000 | $241,970,000 | -40.0% | 22.4% |
| NORTHEAST HOME LOAN, LLC | $78,770,000 | $102,275,000 | 29.8% | 9.4% |
| Vermont Federal Credit Union | $86,525,000 | $79,125,000 | -8.6% | 7.3% |
| M&T Bank | $42,215,000 | $53,290,000 | 26.2% | 4.9% |
| Union Bank | $75,620,000 | $47,095,000 | -37.7% | 4.4% |
| TD Bank | $32,200,000 | $35,960,000 | 11.7% | 3.3% |
| Community Bank | $76,070,000 | $34,700,000 | -54.4% | 3.2% |
| QUICKEN LOANS, LLC | $52,040,000 | $31,415,000 | -39.6% | 2.9% |
| Peoples Trust Company of St. Albans | $32,695,000 | $29,565,000 | -9.6% | 2.7% |
| CMG MORTGAGE, INC. | $1,070,000 | $27,580,000 | 2,477.6% | 2.5% |
| Northfield Savings Bank | $34,795,000 | $24,595,000 | -29.3% | 2.3% |
| JPMorgan Chase Bank | $20,280,000 | $24,285,000 | 19.7% | 2.2% |
| Mascoma Bank | $65,750,000 | $24,195,000 | -63.2% | 2.2% |
| NORTH COUNTRY | $49,330,000 | $21,950,000 | -55.5% | 2.0% |
| Citizens Bank | $63,015,000 | $20,665,000 | -67.2% | 1.9% |
| Morgan Stanley Private Bank | $9,030,000 | $17,845,000 | 97.6% | 1.6% |
| ACADEMY MORTGAGE CORPORATION | $21,235,000 | $17,065,000 | -19.6% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $29,410,000 | $16,235,000 | -44.8% | 1.5% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $64,975,000 | $15,365,000 | -76.4% | 1.4% |
| NBT Bank | $45,515,000 | $14,975,000 | -67.1% | 1.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $25,145,000 | $14,060,000 | -44.1% | 1.3% |
| DRAPER AND KRAMER MORTGAGE CORP. | $22,620,000 | $13,380,000 | -40.8% | 1.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $30,320,000 | $13,100,000 | -56.8% | 1.2% |
| American Mortgage & Equity Consultants, Inc. | $10,895,000 | n/a | 1.0% | |
| Mortgage Research Center, LLC | $15,280,000 | $9,270,000 | -39.3% | 0.9% |
| The National Bank of Middlebury | $3,915,000 | $9,035,000 | 130.8% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $6,665,000 | $7,820,000 | 17.3% | 0.7% |
| KeyBank | $28,295,000 | $7,800,000 | -72.4% | 0.7% |
| Community National Bank | $33,655,000 | $5,780,000 | -82.8% | 0.5% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $15,290,000 | $5,715,000 | -62.6% | 0.5% |
| LOANDEPOT.COM, LLC | $12,075,000 | $4,960,000 | -58.9% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $10,160,000 | $4,905,000 | -51.7% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $11,980,000 | $4,245,000 | -64.6% | 0.4% |
| Bank of America | $14,020,000 | $3,680,000 | -73.8% | 0.3% |
| USAA Federal Savings Bank | $3,610,000 | $3,620,000 | 0.3% | 0.3% |
| U.S. Bank | $4,440,000 | $3,215,000 | -27.6% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $6,610,000 | $3,105,000 | -53.0% | 0.3% |
| NBKC BANK | $5,285,000 | $3,075,000 | -41.8% | 0.3% |
| GUARANTEED RATE, INC. | $1,690,000 | $3,055,000 | 80.8% | 0.3% |
| Wells Fargo Bank | $14,165,000 | $3,050,000 | -78.5% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,735,000 | $2,860,000 | 64.8% | 0.3% |
| RELIANCE FIRST CAPITAL, LLC | $570,000 | $2,450,000 | 329.8% | 0.2% |
| EMM LOANS LLC | $2,480,000 | $2,435,000 | -1.8% | 0.2% |
| First Republic Bank | $5,215,000 | $2,265,000 | -56.6% | 0.2% |
| UBS Bank USA | $2,960,000 | $2,020,000 | -31.8% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $5,380,000 | $1,970,000 | -63.4% | 0.2% |
| RBC Bank, (Georgia) | $1,875,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $2,480,000 | $1,800,000 | -27.4% | 0.2% |
| The Huntington National Bank | $475,000 | $1,685,000 | 254.7% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $1,075,000 | $1,550,000 | 44.2% | 0.1% |
| Toyota Financial Savings Bank | $475,000 | $1,485,000 | 212.6% | 0.1% |
| PNC Bank | $6,380,000 | $1,465,000 | -77.0% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $5,740,000 | $1,375,000 | -76.0% | 0.1% |
| MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $415,000 | $1,310,000 | 215.7% | 0.1% |
| Northpointe Bank | $1,100,000 | $1,095,000 | -0.5% | 0.1% |
| Leader Bank | $810,000 | $1,085,000 | 34.0% | 0.1% |
| ENVOY MORTGAGE, LTD | $3,840,000 | $1,030,000 | -73.2% | 0.1% |
| Bethpage Federal Credit Union | $990,000 | n/a | 0.1% | |
| ONE Credit Union | $820,000 | $950,000 | 15.9% | 0.1% |
| Figure Lending LLC | $735,000 | $890,000 | 21.1% | 0.1% |
| NEWREZ LLC | $3,590,000 | $795,000 | -77.9% | 0.1% |
| BETTER MORTGAGE CORPORATION | $5,180,000 | $780,000 | -84.9% | 0.1% |
| Citibank | $5,650,000 | $755,000 | -86.6% | 0.1% |
| Northwest Bank | $755,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $3,750,000 | $725,000 | -80.7% | 0.1% |
| The Central Trust Bank | $705,000 | $725,000 | 2.8% | 0.1% |
| The Northern Trust Company | $235,000 | $705,000 | 200.0% | 0.1% |
| LENDINGONE, LLC | $610,000 | n/a | 0.1% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $605,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $315,000 | $590,000 | 87.3% | 0.1% |
| Cornerstone First Mortgage, Inc | $545,000 | n/a | 0.1% | |
| OceanFirst Bank | $545,000 | n/a | 0.1% | |
| Wilmington Savings Fund Society, FSB | $545,000 | n/a | 0.1% | |
| BMO Harris Bank | $530,000 | n/a | 0.0% | |
| Goldman Sachs Bank USA | $2,215,000 | $525,000 | -76.3% | 0.0% |
| Ally Bank | $1,305,000 | $520,000 | -60.2% | 0.0% |
| First Savings Bank | $485,000 | n/a | 0.0% | |
| Arvest Bank | $2,125,000 | $480,000 | -77.4% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,625,000 | $480,000 | -70.5% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $575,000 | $475,000 | -17.4% | 0.0% |
| HARBORONE MORTGAGE, LLC | $485,000 | $475,000 | -2.1% | 0.0% |
| PREMIA MORTGAGE, LLC | $485,000 | $475,000 | -2.1% | 0.0% |
| Discover Bank | $535,000 | $435,000 | -18.7% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $435,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $435,000 | n/a | 0.0% | |
| Farm Credit East, ACA | $750,000 | $430,000 | -42.7% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $425,000 | n/a | 0.0% | |
| First National Bank of America | $455,000 | $415,000 | -8.8% | 0.0% |
| Valley National Bank | $405,000 | n/a | 0.0% | |
| Service Federal Credit Union | $475,000 | $400,000 | -15.8% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $845,000 | $395,000 | -53.3% | 0.0% |
| US MORTGAGE CORPORATION | $395,000 | n/a | 0.0% | |
| TEACHERS | $390,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $465,000 | $385,000 | -17.2% | 0.0% |
| Flagstar Bank, FSB | $2,815,000 | $380,000 | -86.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $920,000 | $360,000 | -60.9% | 0.0% |
| BNC National Bank | $1,305,000 | $355,000 | -72.8% | 0.0% |
| The Camden National Bank | $355,000 | n/a | 0.0% | |
| CENTRAL ONE FEDERAL CREDIT UNION | $75,000 | $345,000 | 360.0% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $335,000 | n/a | 0.0% | |
| BROKER SOLUTIONS, INC. | $3,015,000 | $330,000 | -89.1% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $335,000 | $320,000 | -4.5% | 0.0% |
| Evolve Bank & Trust | $920,000 | $315,000 | -65.8% | 0.0% |
| American Airlines Federal Credit Union | $305,000 | n/a | 0.0% | |
| Easthampton Savings Bank | $305,000 | n/a | 0.0% | |
| MEMBERS 1ST FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| Semper Home Loans, Inc. | $305,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,300,000 | $295,000 | -77.3% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $285,000 | n/a | 0.0% | |
| Bank of England | $275,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $645,000 | $275,000 | -57.4% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $8,590,000 | $265,000 | -96.9% | 0.0% |
| WINGS FINANCIAL | $265,000 | n/a | 0.0% | |
| GREYLOCK | $255,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $245,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $3,855,000 | $235,000 | -93.9% | 0.0% |
| GUILD MORTGAGE COMPANY | $700,000 | $215,000 | -69.3% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $185,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $185,000 | n/a | 0.0% | |
| The Federal Savings Bank | $1,170,000 | $185,000 | -84.2% | 0.0% |
| ON Q FINANCIAL, INC. | $165,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $295,000 | $120,000 | -59.3% | 0.0% |
| United States Senate Federal Credit Union | $75,000 | n/a | 0.0% | |
| Baxter Credit Union | $25,000 | $35,000 | 40.0% | 0.0% |
| HARVARD UNIVERSITY EMPLOYEES | $445,000 | $35,000 | -92.1% | 0.0% |
| School Systems FCU | $5,000 | n/a | 0.0% |
BURLINGTON - SOUTH BURLINGTON's top lender by overall market share is NEW ENGLAND FEDERAL CREDIT UNION, with 22.4% market share. In second place, with 9.4%, is NORTHEAST HOME LOAN, LLC, having originated $102,275,000 in loans. In third place, with 7.3%, is Vermont Federal Credit Union, having originated $79,125,000 in loans. In fourth place, with 4.9%, is M&T Bank, having originated $53,290,000 in loans. In fifth place, with 4.4%, is Union Bank, having originated $47,095,000 in loans.
BURLINGTON-SOUTH BURLINGTON, VT Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 5401 | Burlington-South Burlington, VT MSA | $1,230 | $1,330 | $1,740 | $2,140 | $2,340 |
| 5402 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5403 | Burlington-South Burlington, VT MSA | $1,280 | $1,390 | $1,820 | $2,230 | $2,440 |
| 5404 | Burlington-South Burlington, VT MSA | $1,180 | $1,290 | $1,680 | $2,060 | $2,260 |
| 5405 | Burlington-South Burlington, VT MSA | $1,240 | $1,340 | $1,760 | $2,160 | $2,360 |
| 5406 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5407 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5408 | Burlington-South Burlington, VT MSA | $1,090 | $1,180 | $1,540 | $1,890 | $2,070 |
| 5439 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5440 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5441 | Burlington-South Burlington, VT MSA | $950 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5444 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5445 | Burlington-South Burlington, VT MSA | $1,450 | $1,580 | $2,060 | $2,530 | $2,770 |
| 5446 | Burlington-South Burlington, VT MSA | $1,070 | $1,160 | $1,520 | $1,870 | $2,040 |
| 5447 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5448 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5449 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5450 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5451 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5452 | Burlington-South Burlington, VT MSA | $1,160 | $1,260 | $1,640 | $2,010 | $2,200 |
| 5453 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5454 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5455 | Burlington-South Burlington, VT MSA | $1,050 | $1,140 | $1,480 | $1,820 | $1,990 |
| 5457 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5458 | Burlington-South Burlington, VT MSA | $940 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5459 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5460 | Burlington-South Burlington, VT MSA | $950 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5461 | Burlington-South Burlington, VT MSA | $1,070 | $1,160 | $1,510 | $1,850 | $2,030 |
| 5462 | Burlington-South Burlington, VT MSA | $1,210 | $1,310 | $1,710 | $2,100 | $2,300 |
| 5463 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5464 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5465 | Burlington-South Burlington, VT MSA | $930 | $1,070 | $1,380 | $1,710 | $1,870 |
| 5468 | Burlington-South Burlington, VT MSA | $1,120 | $1,220 | $1,590 | $1,950 | $2,140 |
| 5470 | Burlington-South Burlington, VT MSA | $950 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5471 | Burlington-South Burlington, VT MSA | $950 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5474 | Burlington-South Burlington, VT MSA | $1,030 | $1,120 | $1,460 | $1,790 | $1,960 |
| 5476 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5477 | Burlington-South Burlington, VT MSA | $1,000 | $1,090 | $1,420 | $1,740 | $1,910 |
| 5478 | Burlington-South Burlington, VT MSA | $990 | $1,080 | $1,410 | $1,730 | $1,890 |
| 5481 | Burlington-South Burlington, VT MSA | $950 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5482 | Burlington-South Burlington, VT MSA | $1,290 | $1,440 | $1,850 | $2,290 | $2,510 |
| 5483 | Burlington-South Burlington, VT MSA | $1,110 | $1,200 | $1,570 | $1,930 | $2,110 |
| 5485 | Burlington-South Burlington, VT MSA | $960 | $1,050 | $1,360 | $1,670 | $1,840 |
| 5486 | Burlington-South Burlington, VT MSA | $1,180 | $1,380 | $1,770 | $2,190 | $2,390 |
| 5487 | Burlington-South Burlington, VT MSA | $1,170 | $1,270 | $1,660 | $2,040 | $2,230 |
| 5488 | Burlington-South Burlington, VT MSA | $970 | $1,050 | $1,370 | $1,680 | $1,840 |
| 5489 | Burlington-South Burlington, VT MSA | $1,440 | $1,560 | $2,040 | $2,500 | $2,740 |
| 5490 | Burlington-South Burlington, VT MSA | $1,180 | $1,280 | $1,670 | $2,050 | $2,240 |
| 5494 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
| 5495 | Burlington-South Burlington, VT MSA | $1,310 | $1,430 | $1,860 | $2,280 | $2,500 |
| 5676 | Burlington-South Burlington, VT MSA | $930 | $1,050 | $1,350 | $1,670 | $1,840 |
2022 Average & Median Rent Data Statistics
BURLINGTON-SOUTH BURLINGTON, VT average 1BR rent: $1,187, median: $1,160
BURLINGTON-SOUTH BURLINGTON, VT average 2BR rent: $1,540, median: $1,510
BURLINGTON-SOUTH BURLINGTON, VT average 3BR rent: $1,895, median: $1,850
BURLINGTON-SOUTH BURLINGTON, VT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,994 | $755,110,000 | $378,691 |
| Home Improvement | 948 | $84,490,000 | $89,124 |
| Refi | 571 | $117,975,000 | $206,611 |
| Other | 405 | $53,785,000 | $132,802 |
| Cash Out Refi | 293 | $70,965,000 | $242,201 |
| NA | 1 | $5,000 | $5,000 |
Burlington - South Burlington's most frequently cited loan purpose was Home Purchase, with 1,994 originations. The 2nd most popular reason was Home Improvement, with 948 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,416 | $450,220,000 | $317,952 |
| 7-8% | 1,289 | $244,545,000 | $189,717 |
| 5-6% | 566 | $192,840,000 | $340,707 |
| Over 8% | 532 | $82,050,000 | $154,229 |
| <2.5% | 119 | $8,855,000 | $74,412 |
| 4-5% | 67 | $49,065,000 | $732,313 |
| 3-4% | 36 | $4,510,000 | $125,278 |
| 2.5-3% | 25 | $3,025,000 | $121,000 |
During 2023, Burlington - South Burlington's most frequently originated rate bucket was 6-7%, with 1,416 originations.
Loan Sizing (BURLINGTON-SOUTH BURLINGTON, VT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,400 | $409,180,000 | $292,271 |
| $100,000 or less | 1,321 | $65,645,000 | $49,693 |
| $100k-200k | 744 | $105,500,000 | $141,801 |
| $400k-600k | 553 | $261,695,000 | $473,228 |
| $600k-1000k | 156 | $111,880,000 | $717,179 |
| $Over $1MM | 38 | $128,430,000 | $3,379,737 |
BURLINGTON - SOUTH BURLINGTON's loan sizing saw the bucket of loans from $200k-400k with 1,400 originations, totaling $409,180,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| Under 20% | 1,147 | $67,285,000 | $58,662 |
| 80-100% | 971 | $366,895,000 | $377,853 |
| 60-80% | 785 | $349,705,000 | $445,484 |
| 20-40% | 680 | $103,840,000 | $152,706 |
| 40-60% | 443 | $138,635,000 | $312,946 |
| Over 100% | 22 | $8,000,000 | $363,636 |
BURLINGTON - SOUTH BURLINGTON's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 1,147 originations, totaling $67,285,000 in origination value.