BURLINGTON - SOUTH BURLINGTON Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Burlington - South Burlington averaged 6% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 5.81% and one month ago for the week of 2022-05-26, the average rate was 5%.

Burlington - South Burlington's average rate one year ago was 2.91%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.74%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Burlington - South Burlington 30 Year Fixed Rate 2022-06-30 6%
Burlington - South Burlington 30 Year Fixed Rate Refi 2022-06-30 5.74%
Burlington - South Burlington 15 Year Fixed Rate 2022-06-30 5.27%
Burlington - South Burlington 15 Year Fixed Rate Refi 2022-06-30 4.89%
Burlington - South Burlington 30 Year FHA 2022-06-30 5.61%
Burlington - South Burlington 30 Year FHA Refi 2022-06-30 5.48%
Burlington - South Burlington 30 Year USDA 2022-06-30 5.52%
Burlington - South Burlington 30 Year USDA Refi 2022-06-30 5.9%
Burlington - South Burlington 30 Year VA 2022-06-30 5.43%
Burlington - South Burlington 30 Year VA Refi 2022-06-30 5.24%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BURLINGTON-SOUTH BURLINGTON, VT.

BURLINGTON - SOUTH BURLINGTON Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
NEW ENGLAND FEDERAL CREDIT UNION 1,486 2.87% $3,535
NORTHEAST HOME LOAN, LLC 430 2.92% $5,106
QUICKEN LOANS, LLC 322 3.07% $4,937
Vermont Federal Credit Union 284 3.21% $3,063
Union Bank 257 3.12% $3,783
DRAPER AND KRAMER MORTGAGE CORP. 237 3.05% $2,892
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 187 3.17% $4,515
HOMEBRIDGE FINANCIAL SERVICES, INC. 171 3.27% $4,362
Citizens Bank 143 2.95% $3,914
VERMONT STATE EMPLOYEES 134 2.92% $4,127
NORTH COUNTRY 114 3.17% $2,983
PENNYMAC LOAN SERVICES, LLC 101 2.91% $4,429
ACADEMY MORTGAGE CORPORATION 90 3.28% $4,340
MOVEMENT MORTGAGE, LLC 75 3.04% $4,412
UNITED WHOLESALE MORTGAGE, LLC 73 2.93% $4,393
KeyBank 71 3.15% $2,797
AMERISAVE MORTGAGE CORPORATION 54 2.84% $5,918
TD Bank 50 2.91% $3,203
LOANDEPOT.COM, LLC 50 3.08% $4,158
Mascoma Bank 48 3.15% $5,085
People's United Bank 48 2.95% $4,807
Mr. Cooper ( Nationstar Mortgage ) 40 3.16% $6,326
Community Bank 40 3.39% $1,629
Wells Fargo Bank 34 3.09% $3,468
Northfield Savings Bank 34 3.03% $3,830
Bank of America 33 2.86% $3,632
JPMorgan Chase Bank 33 2.93% $4,210
ARK-LA-TEX FINANCIAL SERVICES, LLC. 32 3.27% $4,879
BETTER MORTGAGE CORPORATION 28 2.75% $4,972
CMG MORTGAGE, INC. 25 3.18% $3,447
BROKER SOLUTIONS, INC. 23 2.87% $4,672
FREEDOM MORTGAGE CORPORATION 15 3.03% $2,234
North American Savings Bank, F.S.B. 14 2.94% $2,946
U.S. Bank 13 3.11% $2,890
NEWREZ LLC 13 3.19% $4,935
EMM LOANS LLC 13 3.17% $5,583
CROSSCOUNTRY MORTGAGE, LLC 11 3.16% $5,379
GUARANTEED RATE, INC. 11 3.06% $3,237
Community National Bank 10 3.24% $3,823
NBKC BANK 9 2.80% $1,843
MUTUAL OF OMAHA MORTGAGE, INC. 8 3.14% $6,605
SOFI LENDING CORP. 6 3.13% $2,868
Flagstar Bank, FSB 6 2.99% $4,218
TIAA, FSB 6 3.06% $3,034
NBT Bank 6 3.06% $4,500
Citibank 6 2.81% $3,654
LAKEVIEW LOAN SERVICING, LLC 6 3.37% $2,196
Charles Schwab Bank, SSB 6 2.28% $3,613
Webster Bank 5 2.93% $6,066
Morgan Stanley Private Bank 5 2.67% $4,196
HOMESTEAD FUNDING CORP. 5 2.88% $2,849
NAVY FEDERAL CREDIT UNION 5 2.93% $2,959
Wyndham Capital Mortgage, Inc. 4 2.84% $1,471
AMERICAN INTERNET MORTGAGE, INC. 4 2.75% $2,693
CALIBER HOME LOANS, INC. 4 3.22% $5,088
FirstBank 4 2.72% $3,247
Leader Bank 4 3.06% $4,333
LENDERFI, INC. 4 2.72% $2,504
PHH Mortgage Corporation 4 3.03% $5,631
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.59% $4,371
RELIANCE FIRST CAPITAL, LLC 4 3.38% $6,891
The Federal Savings Bank 4 3.06% $6,534
Advisors Mortgage Group, L.L.C. 3 2.88% $3,073
First Guaranty Mortgage Corporation 3 3.25% $3,778
ENVOY MORTGAGE, LTD 3 2.96% $5,527
Paramount Residential Mortgage Group, Inc. 3 3.13% $6,156
EMBRACE HOME LOANS, INC. 3 3.04% $5,169
RESIDENTIAL MORTGAGE SERVICES, INC. 3 3.17% $3,971
PENTAGON FEDERAL CREDIT UNION 3 3.13% $1,690
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.92% $6,898
GuardHill Financial Corp. 2 3.00% $7,834
FINANCE OF AMERICA MORTGAGE LLC 2 3.12% $2,897
Truist Bank 2 2.93% $3,382
Colonial Savings, F.A. 2 3.50% $4,717
PREMIA MORTGAGE, LLC 2 2.31% $317
Axos Bank 2 3.06% $1,290
Arvest Bank 2 3.06% $2,800
ARC HOME LLC 2 4.25% $2,713
First Savings Bank 2 2.69% $8,119
First National Bank of America 2 7.00% $9,026
Carrington Mortgage Services, LLC 2 3.38% $6,443
Goldman Sachs Bank USA 2 2.60% $3,881
DIGITAL Federal Credit Union 2 2.44% $3,609
HOME POINT FINANCIAL CORPORATION 2 3.00% $2,914
Bar Harbor Bank & Trust 2 3.06% $4,886
SPRING EQ, LLC 2 2.81% $0
ONE Credit Union 2 3.31% $6,020
BNC National Bank 2 2.69% $2,592
Bangor Savings Bank 2 2.94% $5,655
BMO Harris Bank 1 2.63% $6,399
Ally Bank 1 2.99% $3,949
PNC Bank 1 3.00% $8,358
Baxter Credit Union 1 3.50% $2,785
Quontic Bank 1 6.00% $8,333
RBC Bank, (Georgia) 1 3.00% $2,735
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 1 3.38% $4,777
Wilmington Savings Fund Society, FSB 1 3.25% $3,135
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $3,133
Santander Bank, N.A. 1 2.99% $2,678
Bank Five Nine 1 3.13% $4,276
ADVANCIAL 1 4.50% $4,051
The Fidelity Deposit and Discount Bank 1 2.99% $4,944
The Huntington National Bank 1 3.00% $4,371
TJC Mortgage, Inc. 1 3.13% $5,130
Toyota Financial Savings Bank 1 3.00% $3,710
TrustCo Bank 1 3.13% $1,777
UBS Bank USA 1 2.38% $4,887
USAA Federal Savings Bank 1 3.00% $2,437
First Republic Bank 1 2.55% $4,475
First United Bank and Trust Company 1 3.25% $4,149
Florida Capital Bank 1 3.63% $7,530
First Internet Bank of Indiana 1 2.88% $2,753
First Home Bank 1 2.88% $3,383
HARBORONE MORTGAGE, LLC 1 3.13% $3,112
HOMESPIRE MORTGAGE CORPORATION 1 2.88% $6,976
First Federal Bank of Kansas City 1 3.13% $2,558
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.46% $3,870
First Federal Bank 1 2.88% $4,687
KELLER MORTGAGE, LLC 1 2.75% $3,050
FIRST COMMUNITY MORTGAGE, INC. 1 3.13% $3,371
KS StateBank 1 2.75% $4,343
LAND HOME FINANCIAL SERVICES, INC. 1 2.75% $2,863
AMERICAN FINANCING CORPORATION 1 3.00% $6,831
American Airlines Federal Credit Union 1 3.00% $0
LENDUS, LLC 1 3.13% $2,807
FIDELITY BANK 1 3.38% $3,375
FEDEX EMPLOYEES CREDIT ASSOCIATION 1 3.25% $3,617
Mid-Continent Funding, Inc. 1 2.88% $8,329
Evolve Bank & Trust 1 3.38% $3,608
MSA MORTGAGE, LLC 1 3.00% $4,623
DEEPHAVEN MORTGAGE LLC 1 3.99% $10,728
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.00% $3,329
Cornerstone Bank 1 3.50% $6,253
CHURCHILL MORTGAGE CORPORATION 1 3.38% $3,694
Cf Bank 1 2.63% $1,373
BNY Mellon 1 2.63% $4,009
Northpointe Bank 1 3.25% $2,687
NORWICH COMMERCIAL GROUP, INC. 1 3.13% $4,393

BURLINGTON-SOUTH BURLINGTON, VT's 138 lenders originated 10,937 loans during 2021. The total origination value was $2,838,365,000, with an average loan value of $259,520.

The top BURLINGTON - SOUTH BURLINGTON lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with 1,486 loans originated. Their average total fees are $3,535, which is $1,571 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 ($1,629), FREEDOM MORTGAGE CORPORATION ($2,234), KeyBank ($2,797), U.S. Bank ($2,890) and DRAPER AND KRAMER MORTGAGE CORP. ($2,892).

The lowest rate BURLINGTON - SOUTH BURLINGTON lenders (with over 10 loans originated) are BETTER MORTGAGE CORPORATION (2.75%), AMERISAVE MORTGAGE CORPORATION (2.84%), Bank of America (2.86%), BROKER SOLUTIONS, INC. (2.87%) and NEW ENGLAND FEDERAL CREDIT UNION (2.87%).

BURLINGTON-SOUTH BURLINGTON, VT Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
NEW ENGLAND FEDERAL CREDIT UNION $814,715,000 $741,495,000 -9.0% 26.1%
NORTHEAST HOME LOAN, LLC $258,050,000 $169,370,000 -34.4% 6.0%
QUICKEN LOANS, LLC $153,825,000 $157,025,000 2.1% 5.5%
Vermont Federal Credit Union $161,105,000 $153,890,000 -4.5% 5.4%
Union Bank $171,355,000 $127,085,000 -25.8% 4.5%
DRAPER AND KRAMER MORTGAGE CORP. $139,915,000 $93,560,000 -33.1% 3.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $96,125,000 $85,140,000 -11.4% 3.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $85,445,000 $78,640,000 -8.0% 2.8%
Citizens Bank $38,815,000 $78,355,000 101.9% 2.8%
PENNYMAC LOAN SERVICES, LLC $8,220,000 $64,795,000 688.3% 2.3%
Peoples Trust Company of St. Albans $58,775,000 $57,095,000 -2.9% 2.0%
Mascoma Bank $59,245,000 $56,910,000 -3.9% 2.0%
People's United Bank $83,340,000 $53,860,000 -35.4% 1.9%
NORTH COUNTRY $65,615,000 $53,270,000 -18.8% 1.9%
VERMONT STATE EMPLOYEES $57,345,000 $51,045,000 -11.0% 1.8%
Community Bank $27,290,000 $49,080,000 79.8% 1.7%
Northfield Savings Bank $42,200,000 $47,000,000 11.4% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $23,665,000 $44,165,000 86.6% 1.6%
ACADEMY MORTGAGE CORPORATION $41,480,000 $43,155,000 4.0% 1.5%
FREEDOM MORTGAGE CORPORATION $39,465,000 $43,130,000 9.3% 1.5%
KeyBank $40,895,000 $41,250,000 0.9% 1.5%
TD Bank $39,480,000 $37,965,000 -3.8% 1.3%
MOVEMENT MORTGAGE, LLC $25,220,000 $34,905,000 38.4% 1.2%
LOANDEPOT.COM, LLC $13,350,000 $27,980,000 109.6% 1.0%
AMERISAVE MORTGAGE CORPORATION $8,275,000 $25,360,000 206.5% 0.9%
Mortgage Research Center, LLC $16,240,000 $24,295,000 49.6% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $14,640,000 $22,315,000 52.4% 0.8%
JPMorgan Chase Bank $21,730,000 $20,785,000 -4.3% 0.7%
Bank of America $19,125,000 $18,385,000 -3.9% 0.6%
BETTER MORTGAGE CORPORATION $18,085,000 n/a 0.6%
Brookline Bank $17,905,000 n/a 0.6%
Wells Fargo Bank $12,980,000 $17,555,000 35.2% 0.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $18,225,000 $16,135,000 -11.5% 0.6%
NBT Bank $62,340,000 $13,885,000 -77.7% 0.5%
LAKEVIEW LOAN SERVICING, LLC $11,435,000 $13,410,000 17.3% 0.5%
Community National Bank $17,915,000 $11,835,000 -33.9% 0.4%
CMG MORTGAGE, INC. $12,570,000 $10,580,000 -15.8% 0.4%
The National Bank of Middlebury $12,210,000 $10,010,000 -18.0% 0.4%
USAA Federal Savings Bank $11,510,000 $9,955,000 -13.5% 0.4%
NEWREZ LLC $3,855,000 $8,390,000 117.6% 0.3%
BROKER SOLUTIONS, INC. $3,765,000 $8,040,000 113.5% 0.3%
U.S. Bank $4,850,000 $7,765,000 60.1% 0.3%
North American Savings Bank, F.S.B. $3,485,000 $7,385,000 111.9% 0.3%
CALIBER HOME LOANS, INC. $2,650,000 $6,670,000 151.7% 0.2%
NBKC BANK $2,930,000 $6,415,000 118.9% 0.2%
HOME POINT FINANCIAL CORPORATION $4,895,000 $5,405,000 10.4% 0.2%
EMM LOANS LLC $1,700,000 $5,295,000 211.5% 0.2%
Charles Schwab Bank, SSB $1,490,000 $4,790,000 221.5% 0.2%
Webster Bank $1,140,000 $4,590,000 302.6% 0.2%
GUARANTEED RATE, INC. $2,020,000 $4,570,000 126.2% 0.2%
NAVY FEDERAL CREDIT UNION $6,580,000 $4,560,000 -30.7% 0.2%
ENVOY MORTGAGE, LTD $6,470,000 $4,090,000 -36.8% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $2,765,000 $3,785,000 36.9% 0.1%
TIAA, FSB $2,430,000 $3,675,000 51.2% 0.1%
The Federal Savings Bank $5,890,000 $3,610,000 -38.7% 0.1%
Paramount Residential Mortgage Group, Inc. $8,770,000 $2,910,000 -66.8% 0.1%
Flagstar Bank, FSB $1,630,000 $2,900,000 77.9% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $4,180,000 $2,880,000 -31.1% 0.1%
Leader Bank $2,435,000 $2,810,000 15.4% 0.1%
SOFI LENDING CORP. $455,000 $2,720,000 497.8% 0.1%
BNC National Bank $1,450,000 $2,685,000 85.2% 0.1%
Morgan Stanley Private Bank $2,945,000 $2,645,000 -10.2% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,550,000 $2,530,000 63.2% 0.1%
Citibank $3,335,000 $2,470,000 -25.9% 0.1%
PNC Bank $22,720,000 $2,470,000 -89.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,715,000 $2,320,000 35.3% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,910,000 $2,235,000 -23.2% 0.1%
PHH Mortgage Corporation $1,535,000 $2,175,000 41.7% 0.1%
Goldman Sachs Bank USA $2,585,000 $2,150,000 -16.8% 0.1%
HOMESTEAD FUNDING CORP. $1,350,000 $2,135,000 58.1% 0.1%
Carrington Mortgage Services, LLC $1,590,000 $2,090,000 31.4% 0.1%
Wyndham Capital Mortgage, Inc. $1,400,000 $2,085,000 48.9% 0.1%
GuardHill Financial Corp. $1,585,000 $2,050,000 29.3% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,270,000 $1,755,000 38.2% 0.1%
ONE Credit Union $2,295,000 $1,750,000 -23.7% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,520,000 $1,750,000 -30.6% 0.1%
FirstBank $1,385,000 $1,695,000 22.4% 0.1%
BMO Harris Bank $1,605,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $1,530,000 $1,555,000 1.6% 0.1%
Bangor Savings Bank $450,000 $1,525,000 238.9% 0.1%
LENDERFI, INC. $1,520,000 $1,525,000 0.3% 0.1%
PREMIA MORTGAGE, LLC $810,000 $1,420,000 75.3% 0.1%
First Internet Bank of Indiana $750,000 $1,385,000 84.7% 0.0%
Bar Harbor Bank & Trust $135,000 $1,345,000 896.3% 0.0%
HARBORONE MORTGAGE, LLC $820,000 $1,325,000 61.6% 0.0%
AMERICAN FINANCING CORPORATION $225,000 $1,310,000 482.2% 0.0%
First Guaranty Mortgage Corporation $650,000 $1,310,000 101.5% 0.0%
EMBRACE HOME LOANS, INC. $285,000 $1,275,000 347.4% 0.0%
BNY Mellon $1,215,000 n/a 0.0%
Arvest Bank $3,125,000 $1,165,000 -62.7% 0.0%
KS StateBank $720,000 $1,110,000 54.2% 0.0%
Northpointe Bank $1,040,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $400,000 $955,000 138.8% 0.0%
Axos Bank $1,260,000 $935,000 -25.8% 0.0%
First Federal Bank $705,000 $880,000 24.8% 0.0%
First Savings Bank $835,000 $850,000 1.8% 0.0%
SPRING EQ, LLC $260,000 $850,000 226.9% 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $300,000 $840,000 180.0% 0.0%
First Home Bank $810,000 n/a 0.0%
HarborOne Bank $800,000 n/a 0.0%
Truist Bank $1,030,000 $800,000 -22.3% 0.0%
Barrington Bank & Trust Company, N.A. $2,465,000 $785,000 -68.2% 0.0%
First Federal Bank of Kansas City $770,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $755,000 n/a 0.0%
Ally Bank $735,000 n/a 0.0%
First National Bank of America $665,000 n/a 0.0%
TJC Mortgage, Inc. $655,000 n/a 0.0%
Toyota Financial Savings Bank $670,000 $650,000 -3.0% 0.0%
UBS Bank USA $1,855,000 $635,000 -65.8% 0.0%
ARC HOME LLC $630,000 n/a 0.0%
Baxter Credit Union $690,000 $615,000 -10.9% 0.0%
First Republic Bank $255,000 $605,000 137.3% 0.0%
Bank Rhode Island $595,000 n/a 0.0%
REDWOOD RESIDENTIAL ACQUISITION CORPORATION $585,000 n/a 0.0%
Raymond James Bank $3,135,000 $555,000 -82.3% 0.0%
Colonial Savings, F.A. $715,000 $550,000 -23.1% 0.0%
DIGITAL Federal Credit Union $575,000 $545,000 -5.2% 0.0%
REVERSE MORTGAGE FUNDING LLC $195,000 $545,000 179.5% 0.0%
Manufacturers and Traders Trust Company $880,000 $535,000 -39.2% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $530,000 n/a 0.0%
Cornerstone Bank $525,000 n/a 0.0%
Bank of England $925,000 $520,000 -43.8% 0.0%
Bank Five Nine $505,000 n/a 0.0%
Magnolia Bank $440,000 $480,000 9.1% 0.0%
KELLER MORTGAGE, LLC $1,280,000 $475,000 -62.9% 0.0%
MSA MORTGAGE, LLC $500,000 $475,000 -5.0% 0.0%
Centennial Bank $465,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $440,000 $460,000 4.5% 0.0%
The Fidelity Deposit and Discount Bank $455,000 n/a 0.0%
TrustCo Bank $455,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $450,000 $450,000 0.0% 0.0%
DEEPHAVEN MORTGAGE LLC $445,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $235,000 $445,000 89.4% 0.0%
Cf Bank $365,000 $395,000 8.2% 0.0%
The Huntington National Bank $375,000 n/a 0.0%
First United Bank and Trust Company $365,000 n/a 0.0%
Santander Bank, N.A. $505,000 $350,000 -30.7% 0.0%
NORWICH COMMERCIAL GROUP, INC. $960,000 $335,000 -65.1% 0.0%
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $455,000 $330,000 -27.5% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $325,000 n/a 0.0%
Florida Capital Bank $660,000 $325,000 -50.8% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $315,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $275,000 $315,000 14.5% 0.0%
RBC Bank, (Georgia) $315,000 n/a 0.0%
Service Federal Credit Union $345,000 $305,000 -11.6% 0.0%
Plains Commerce Bank $375,000 $295,000 -21.3% 0.0%
ALLIANT CREDIT UNION $225,000 $285,000 26.7% 0.0%
Nations Lending Corporation $590,000 $280,000 -52.5% 0.0%
FBC MORTGAGE, LLC $275,000 n/a 0.0%
Wilmington Savings Fund Society, FSB $325,000 $275,000 -15.4% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $975,000 $265,000 -72.8% 0.0%
EVERETT FINANCIAL, INC. $265,000 n/a 0.0%
LENDUS, LLC $265,000 n/a 0.0%
Low VA Rates, LLC $540,000 $265,000 -50.9% 0.0%
MEMBER FIRST MORTGAGE, LLC $265,000 n/a 0.0%
Paramount Bank $520,000 $265,000 -49.0% 0.0%
Stifel Bank and Trust $625,000 $260,000 -58.4% 0.0%
LENDINGONE, LLC $215,000 $255,000 18.6% 0.0%
Quontic Bank $255,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $255,000 n/a 0.0%
American Airlines Federal Credit Union $355,000 $245,000 -31.0% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $245,000 n/a 0.0%
Mid-Continent Funding, Inc. $245,000 n/a 0.0%
United Nations Federal Credit Union $245,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $235,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $235,000 n/a 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $235,000 n/a 0.0%
21ST MORTGAGE CORPORATION $110,000 $225,000 104.5% 0.0%
Presidential Bank, FSB $920,000 $215,000 -76.6% 0.0%
PLANET HOME LENDING, LLC $485,000 $205,000 -57.7% 0.0%
Evolve Bank & Trust $185,000 n/a 0.0%
ADVANCIAL $175,000 n/a 0.0%
AMERICAN ADVISORS GROUP $430,000 $145,000 -66.3% 0.0%
ON Q FINANCIAL, INC. $145,000 n/a 0.0%
First Western Federal Savings Bank $125,000 n/a 0.0%
FIDELITY BANK $115,000 n/a 0.0%
HANSCOM $75,000 n/a 0.0%
Figure Lending LLC $45,000 $65,000 44.4% 0.0%
Deere Employees Credit Union $55,000 n/a 0.0%
Discover Bank $310,000 $45,000 -85.5% 0.0%

BURLINGTON - SOUTH BURLINGTON's top lender by overall market share is NEW ENGLAND FEDERAL CREDIT UNION, with 26.1% market share. In second place, with 6.0%, is NORTHEAST HOME LOAN, LLC, having originated $169,370,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $157,025,000 in loans. In third place, with 5.4%, is Vermont Federal Credit Union, having originated $153,890,000 in loans. In third place, with 4.5%, is Union Bank, having originated $127,085,000 in loans.


BURLINGTON-SOUTH BURLINGTON, VT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 4,248 $1,013,100,000 $238,489
Home Purchase 3,250 $1,085,860,000 $334,111
Cash Out Refi 2,227 $592,365,000 $265,992
Home Improvement 762 $81,560,000 $107,034
Other 450 $65,480,000 $145,511

Burlington - South Burlington's most frequently cited loan purpose was Refi, with 4,248 originations. The 2nd most popular reason was Home Purchase, with 3,250 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 5,000 $1,414,220,000 $282,844
3-4% 3,137 $821,425,000 $261,850
<2.5% 2,082 $471,150,000 $226,297
4-5% 266 $54,910,000 $206,429
5-6% 75 $5,165,000 $68,867
6-7% 31 $1,905,000 $61,452
7-8% 17 $1,065,000 $62,647
Over 8% 14 $720,000 $51,429

During 2021, Burlington - South Burlington's most frequently originated rate bucket was 2.5-3%, with 5,000 originations.

Loan Sizing (BURLINGTON-SOUTH BURLINGTON, VT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 5,302 $1,488,360,000 $280,717
$100k-200k 2,967 $458,595,000 $154,565
$100,000 or less 1,328 $72,340,000 $54,473
$400k-600k 1,054 $497,650,000 $472,154
$600k-1000k 215 $156,115,000 $726,116
$Over $1MM 71 $165,305,000 $2,328,239

BURLINGTON - SOUTH BURLINGTON's loan sizing saw the bucket of loans from $200k-400k with 5,302 originations, totaling $1,488,360,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 3,828 $1,209,590,000 $315,985
80-100% 2,475 $788,805,000 $318,709
40-60% 2,187 $503,285,000 $230,126
20-40% 1,044 $146,180,000 $140,019
Under 20% 819 $45,075,000 $55,037
Over 100% 66 $27,110,000 $410,758

BURLINGTON - SOUTH BURLINGTON's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 3,828 originations, totaling $1,209,590,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - BURLINGTON - SOUTH BURLINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $299,500 (0.2%) $380,310 (1.5%) 1.10 737
2018-02-01 $299,900 (0.0%) $385,994 (1.0%) 1.08 704
2018-03-01 $309,000 (-2.5%) $385,487 (-1.1%) 1.07 728
2018-04-01 $319,000 (1.3%) $396,579 (3.4%) 1.07 760
2018-05-01 $319,950 (-1.3%) $399,763 (2.3%) 1.07 819
2018-06-01 $324,900 (0.8%) $399,861 (0.9%) 1.08 919
2018-07-01 $325,000 (0.0%) $399,863 (1.0%) 1.08 967
2018-08-01 $319,450 (0.1%) $393,926 (0.7%) 1.07 1,003
2018-09-01 $319,000 (1.3%) $402,843 (2.3%) 1.07 988
2018-10-01 $318,000 (5.1%) $400,311 (3.5%) 1.06 976
2018-11-01 $312,250 (4.1%) $396,456 (3.3%) 1.05 913
2018-12-01 $309,000 (3.0%) $390,393 (3.1%) 1.06 817
2019-01-01 $308,500 (3.0%) $381,377 (0.3%) 1.06 739
2019-02-01 $312,825 (4.3%) $387,196 (0.3%) 1.05 729
2019-03-01 $322,043 (4.2%) $394,312 (2.3%) 1.05 734
2019-04-01 $324,900 (1.9%) $403,234 (1.7%) 1.02 733
2019-05-01 $325,000 (1.6%) $409,445 (2.4%) 1.00 765
2019-06-01 $329,900 (1.5%) $413,945 (3.5%) 1.02 810
2019-07-01 $329,000 (1.2%) $411,273 (2.9%) 1.02 840
2019-08-01 $327,500 (2.5%) $414,490 (5.2%) 1.03 866
2019-09-01 $327,500 (2.7%) $420,211 (4.3%) 1.04 852
2019-10-01 $332,450 (4.5%) $435,105 (8.7%) 1.06 810
2019-11-01 $329,900 (5.7%) $430,921 (8.7%) 1.06 726
2019-12-01 $327,450 (6.0%) $410,713 (5.2%) 1.09 652
2020-01-01 $327,000 (6.0%) $410,738 (7.7%) 1.09 574
2020-02-01 $329,900 (5.5%) $414,063 (6.9%) 1.06 542
2020-03-01 $345,000 (7.1%) $427,932 (8.5%) 1.08 550
2020-04-01 $352,400 (8.5%) $433,340 (7.5%) 1.10 542
2020-05-01 $355,000 (9.2%) $445,518 (8.8%) 1.08 540
2020-06-01 $380,450 (15.3%) $476,657 (15.2%) 1.11 537
2020-07-01 $377,700 (14.8%) $473,870 (15.2%) 1.08 505
2020-08-01 $370,000 (13.0%) $479,280 (15.6%) 1.06 470
2020-09-01 $374,950 (14.5%) $479,583 (14.1%) 1.07 464
2020-10-01 $392,750 (18.1%) $486,609 (11.8%) 1.12 433
2020-11-01 $398,000 (20.6%) $495,758 (15.1%) 1.14 387
2020-12-01 $399,000 (21.9%) $487,798 (18.8%) 1.17 319
2021-01-01 $399,000 (22.0%) $470,567 (14.6%) 1.17 277
2021-02-01 $399,500 (21.1%) $489,601 (18.2%) 1.15 219
2021-03-01 $420,950 (22.0%) $522,637 (22.1%) 1.18 217
2021-04-01 $420,000 (19.2%) $497,533 (14.8%) 1.13 260
2021-05-01 $420,000 (18.3%) $510,070 (14.5%) 1.11 266
2021-06-01 $427,500 (12.4%) $502,016 (5.3%) 1.11 311
2021-07-01 $422,450 (11.9%) $502,270 (6.0%) 1.10 331
2021-08-01 $432,450 (16.9%) $502,521 (4.9%) 1.14 320
2021-09-01 $425,000 (13.4%) $512,398 (6.8%) 1.12 295
2021-10-01 $424,900 (8.2%) $512,990 (5.4%) 1.12 240
2021-11-01 $404,950 (1.8%) $517,491 (4.4%) 1.07 219
2021-12-01 $424,900 (6.5%) $527,448 (8.1%) 1.13 183
2022-01-01 $430,000 (7.8%) $497,798 (5.8%) 1.15 140
2022-02-01 $447,500 (12.0%) $490,125 (0.1%) 1.14 131
2022-03-01 $451,325 (7.2%) $513,388 (-1.8%) 1.11 133
2022-04-01 $433,000 (3.1%) $503,875 (1.3%) 1.02 158
2022-05-01 $439,250 (4.6%) $534,795 (4.9%) 0.98 177
2022-06-01 $483,500 (13.1%) $568,304 (13.2%) 1.07 234
BURLINGTON - SOUTH BURLINGTON's median listing price for 2022-06-01 was $483,500, a difference of $56,000 (13.1%) versus the prior year and $44,250 versus the prior month.

BURLINGTON - SOUTH BURLINGTON's median listing price comes in at 107% of the national average.

BURLINGTON - SOUTH BURLINGTON's average listing price for 2022-06-01 was $568,304, a difference of $66,288 (13.2%) versus the prior year and $33,509 versus the prior month.

For the 2022-06-01 period, BURLINGTON - SOUTH BURLINGTON had 234 MLS listings, a difference of 57 listings (32%) versus the prior month and -77 listings (-25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BURLINGTON - SOUTH BURLINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 139 days 1,900 sqft
2018-02-01 152 days 1,900 sqft
2018-03-01 134 days 1,912 sqft
2018-04-01 87 days 1,928 sqft
2018-05-01 63 days 1,927 sqft
2018-06-01 60 days 1,940 sqft
2018-07-01 67 days 1,960 sqft
2018-08-01 77 days 1,936 sqft
2018-09-01 82 days 1,950 sqft
2018-10-01 92 days 1,950 sqft
2018-11-01 101 days 1,920 sqft
2018-12-01 120 days 1,900 sqft
2019-01-01 133 days 1,900 sqft
2019-02-01 149 days 1,902 sqft
2019-03-01 142 days 1,925 sqft
2019-04-01 120 days 1,950 sqft
2019-05-01 83 days 2,000 sqft
2019-06-01 63 days 1,960 sqft
2019-07-01 65 days 1,960 sqft
2019-08-01 72 days 1,966 sqft
2019-09-01 79 days 1,973 sqft
2019-10-01 86 days 1,993 sqft
2019-11-01 92 days 2,000 sqft
2019-12-01 114 days 1,942 sqft
2020-01-01 121 days 1,922 sqft
2020-02-01 117 days 1,930 sqft
2020-03-01 86 days 1,936 sqft
2020-04-01 86 days 1,943 sqft
2020-05-01 80 days 1,952 sqft
2020-06-01 67 days 2,020 sqft
2020-07-01 58 days 2,002 sqft
2020-08-01 60 days 2,000 sqft
2020-09-01 55 days 1,997 sqft
2020-10-01 63 days 1,918 sqft
2020-11-01 74 days 1,915 sqft
2020-12-01 92 days 1,897 sqft
2021-01-01 112 days 1,872 sqft
2021-02-01 104 days 1,854 sqft
2021-03-01 50 days 1,869 sqft
2021-04-01 23 days 1,868 sqft
2021-05-01 31 days 1,834 sqft
2021-06-01 24 days 1,861 sqft
2021-07-01 29 days 1,872 sqft
2021-08-01 37 days 1,904 sqft
2021-09-01 41 days 1,856 sqft
2021-10-01 49 days 1,935 sqft
2021-11-01 57 days 1,929 sqft
2021-12-01 64 days 1,969 sqft
2022-01-01 78 days 1,953 sqft
2022-02-01 47 days 1,893 sqft
2022-03-01 22 days 1,932 sqft
2022-04-01 17 days 1,896 sqft
2022-05-01 11 days 1,883 sqft
2022-06-01 16 days 2,020 sqft
BURLINGTON - SOUTH BURLINGTON's median listing age (time on market) for 2022-06-01 was 16 days. This is -33% shorter than the same period one year ago.

BURLINGTON - SOUTH BURLINGTON's median square footage for active listings during the 2022-06-01 period was 2,020 sqft. One year prior, the average listing was 1,861 sqft.