Vermont Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Vermont averaged
6.85%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.76% and
one month ago for the week of 2025-02-27, the
average rate was 6.97%.
Vermont's average rate one year ago was 6.9%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.67%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Vermont 30 Year Fixed Rate | 2025-04-03 | 6.85% |
| Vermont 30 Year Fixed Rate Refi | 2025-04-03 | 7.67% |
| Vermont 15 Year Fixed Rate | 2025-04-03 | 6.39% |
| Vermont 15 Year Fixed Rate Refi | 2025-04-03 | 6.32% |
| Vermont 30 Year FHA | 2025-04-03 | 6.1% |
| Vermont 30 Year FHA Refi | 2025-04-03 | 6.36% |
| Vermont 30 Year USDA | 2025-04-03 | 6.32% |
| Vermont 30 Year USDA Refi | 2025-04-03 | 6.12% |
| Vermont 30 Year VA | 2025-04-03 | 6.14% |
| Vermont 30 Year VA Refi | 2025-04-03 | 5.79% |
Vermont 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 Vermont 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.).
Vermont Average Closing Costs & Other Stats
Vermont's 176 lenders originated 11,743
loans during 2024. The total origination value was $3,246,345,000, with an average loan value of
$276,449.
Vermont's average closing costs are $4,868.
The top Vermont lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with
667 loans originated. Their average total fees are
$4,375, which is $1,957
lower than the next largest lender,
NORTHEAST HOME LOAN, LLC.
The lowest fee Vermont lenders (with over 10 loans originated) are
Community Bank ($2,683), KeyBank ($3,803), TD Bank ($3,939), NORTH COUNTRY ($4,078) and Community National Bank ($4,098).
The lowest rate Vermont lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (6.14%), Vermont Federal Credit Union (6.20%), Citibank (6.20%), NAVY FEDERAL CREDIT UNION (6.31%) and NEW ENGLAND FEDERAL CREDIT UNION (6.37%).
Vermont 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| NEW ENGLAND FEDERAL CREDIT UNION | $358,090,000 | $405,700,000 | 13.3% | 12.5% |
| Northfield Savings Bank | $58,685,000 | $206,395,000 | 251.7% | 6.4% |
| NORTHEAST HOME LOAN, LLC | $163,565,000 | $169,405,000 | 3.6% | 5.2% |
| QUICKEN LOANS, LLC | $117,215,000 | $157,780,000 | 34.6% | 4.9% |
| EMM LOANS LLC | $39,260,000 | $155,530,000 | 296.2% | 4.8% |
| Union Bank | $137,185,000 | $153,675,000 | 12.0% | 4.7% |
| Mascoma Bank | $142,150,000 | $135,510,000 | -4.7% | 4.2% |
| Community Bank | $74,030,000 | $122,965,000 | 66.1% | 3.8% |
| Vermont Federal Credit Union | $115,880,000 | $119,565,000 | 3.2% | 3.7% |
| CMG MORTGAGE, INC. | $52,775,000 | $110,165,000 | 108.7% | 3.4% |
| M&T Bank | $82,840,000 | $103,780,000 | 25.3% | 3.2% |
| NORTH COUNTRY | $58,620,000 | $82,250,000 | 40.3% | 2.5% |
| Community National Bank | $47,625,000 | $77,455,000 | 62.6% | 2.4% |
| Citizens Bank | $64,570,000 | $60,615,000 | -6.1% | 1.9% |
| TD Bank | $69,910,000 | $46,870,000 | -33.0% | 1.4% |
| JPMorgan Chase Bank | $52,765,000 | $44,620,000 | -15.4% | 1.4% |
| MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $19,410,000 | $44,605,000 | 129.8% | 1.4% |
| Mortgage Research Center, LLC | $35,470,000 | $40,820,000 | 15.1% | 1.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $36,840,000 | $40,150,000 | 9.0% | 1.2% |
| Bank of America | $29,815,000 | $39,875,000 | 33.7% | 1.2% |
| American Mortgage & Equity Consultants, Inc. | $23,820,000 | $38,620,000 | 62.1% | 1.2% |
| The National Bank of Middlebury | $40,790,000 | $37,520,000 | -8.0% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $30,915,000 | $36,735,000 | 18.8% | 1.1% |
| NBT Bank | $16,210,000 | $36,190,000 | 123.3% | 1.1% |
| Peoples Trust Company of St. Albans | $31,955,000 | $34,400,000 | 7.7% | 1.1% |
| Morgan Stanley Private Bank | $37,965,000 | $33,525,000 | -11.7% | 1.0% |
| GUILD MORTGAGE COMPANY | $6,535,000 | $32,180,000 | 392.4% | 1.0% |
| Citibank | $16,635,000 | $25,295,000 | 52.1% | 0.8% |
| Advisors Mortgage Group, L.L.C. | $29,695,000 | $24,810,000 | -16.5% | 0.8% |
| U.S. Bank | $17,155,000 | $23,090,000 | 34.6% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $16,120,000 | $20,605,000 | 27.8% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $29,425,000 | $20,280,000 | -31.1% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $5,500,000 | $19,800,000 | 260.0% | 0.6% |
| Bar Harbor Bank & Trust | $14,305,000 | $19,170,000 | 34.0% | 0.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $15,400,000 | $17,690,000 | 14.9% | 0.5% |
| GUARANTEED RATE, INC. | $13,805,000 | $17,030,000 | 23.4% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $15,445,000 | $15,840,000 | 2.6% | 0.5% |
| BROKER SOLUTIONS, INC. | $5,910,000 | $15,235,000 | 157.8% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $17,490,000 | $14,910,000 | -14.8% | 0.5% |
| Wells Fargo Bank | $13,910,000 | $14,390,000 | 3.5% | 0.4% |
| The Camden National Bank | $2,335,000 | $13,690,000 | 486.3% | 0.4% |
| USAA Federal Savings Bank | $10,195,000 | $13,345,000 | 30.9% | 0.4% |
| FIRST MORTGAGE COMPANY, INC. | $13,290,000 | n/a | 0.4% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $8,145,000 | $13,125,000 | 61.1% | 0.4% |
| LOANDEPOT.COM, LLC | $13,695,000 | $13,030,000 | -4.9% | 0.4% |
| Green Mountain Credit Union | $11,285,000 | n/a | 0.3% | |
| NEWREZ LLC | $2,220,000 | $11,200,000 | 404.5% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,880,000 | $10,865,000 | -8.5% | 0.3% |
| Berkshire Bank | $9,670,000 | $10,770,000 | 11.4% | 0.3% |
| MSA MORTGAGE, LLC | $9,970,000 | n/a | 0.3% | |
| M&T Realty Capital Corporation | $9,005,000 | n/a | 0.3% | |
| UBS Bank USA | $6,885,000 | $8,955,000 | 30.1% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,195,000 | $8,615,000 | 39.1% | 0.3% |
| Charles Schwab Bank, SSB | $2,675,000 | $8,140,000 | 204.3% | 0.3% |
| NBKC BANK | $5,175,000 | $7,865,000 | 52.0% | 0.2% |
| Farm Credit East, ACA | $6,755,000 | $7,680,000 | 13.7% | 0.2% |
| KeyBank | $13,780,000 | $7,420,000 | -46.2% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,430,000 | $7,115,000 | 107.4% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $27,365,000 | $6,705,000 | -75.5% | 0.2% |
| Service Federal Credit Union | $4,345,000 | $6,360,000 | 46.4% | 0.2% |
| First-Citizens Bank & Trust Company | $7,530,000 | $5,785,000 | -23.2% | 0.2% |
| Goldman Sachs Bank USA | $4,035,000 | $5,620,000 | 39.3% | 0.2% |
| The Northern Trust Company | $705,000 | $5,410,000 | 667.4% | 0.2% |
| ONE Credit Union | $5,040,000 | $5,400,000 | 7.1% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $3,465,000 | $4,685,000 | 35.2% | 0.1% |
| PNC Bank | $7,265,000 | $4,550,000 | -37.4% | 0.1% |
| ZILLOW HOME LOANS, LLC | $390,000 | $4,515,000 | 1,057.7% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $7,185,000 | $4,500,000 | -37.4% | 0.1% |
| HARBORONE MORTGAGE, LLC | $2,445,000 | $4,410,000 | 80.4% | 0.1% |
| The Federal Savings Bank | $4,835,000 | $4,295,000 | -11.2% | 0.1% |
| Leader Bank | $6,275,000 | $4,240,000 | -32.4% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $4,000,000 | $4,220,000 | 5.5% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $460,000 | $3,965,000 | 762.0% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $6,285,000 | $3,960,000 | -37.0% | 0.1% |
| BETTER MORTGAGE CORPORATION | $4,635,000 | $3,785,000 | -18.3% | 0.1% |
| Discover Bank | $2,180,000 | $3,770,000 | 72.9% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,425,000 | $3,660,000 | -17.3% | 0.1% |
| HOMESTEAD FUNDING CORP. | $2,145,000 | $3,485,000 | 62.5% | 0.1% |
| CIBC Bank USA | $2,115,000 | $3,390,000 | 60.3% | 0.1% |
| Citadel Servicing Corporation | $745,000 | $3,350,000 | 349.7% | 0.1% |
| Carrington Mortgage Services, LLC | $2,400,000 | $3,085,000 | 28.5% | 0.1% |
| GREYLOCK | $3,790,000 | $3,080,000 | -18.7% | 0.1% |
| LENDSURE MORTGAGE CORP. | $3,025,000 | n/a | 0.1% | |
| Raymond James Bank | $2,850,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $590,000 | $2,790,000 | 372.9% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $185,000 | $2,675,000 | 1,345.9% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,280,000 | $2,665,000 | 16.9% | 0.1% |
| PLANET HOME LENDING, LLC | $390,000 | $2,555,000 | 555.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,910,000 | $2,425,000 | 27.0% | 0.1% |
| Prosperity Home Mortgage, LLC | $1,020,000 | $2,395,000 | 134.8% | 0.1% |
| WILLIAM RAVEIS MORTGAGE, LLC | $1,805,000 | $2,320,000 | 28.5% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $255,000 | $2,205,000 | 764.7% | 0.1% |
| NORWICH COMMERCIAL GROUP, INC. | $2,320,000 | $2,045,000 | -11.9% | 0.1% |
| Fieldpoint Private Bank & Trust | $2,005,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $1,750,000 | $2,005,000 | 14.6% | 0.1% |
| Hometown Equity Mortgage, LLC | $2,065,000 | $1,930,000 | -6.5% | 0.1% |
| PHH Mortgage Corporation | $1,035,000 | $1,910,000 | 84.5% | 0.1% |
| BMO Harris Bank | $530,000 | $1,870,000 | 252.8% | 0.1% |
| EMBRACE HOME LOANS, INC. | $1,550,000 | $1,870,000 | 20.6% | 0.1% |
| Figure Lending LLC | $2,700,000 | $1,805,000 | -33.1% | 0.1% |
| RADIUS FINANCIAL GROUP INC. | $1,760,000 | n/a | 0.1% | |
| First Federal Bank | $465,000 | $1,725,000 | 271.0% | 0.1% |
| CHEVRON | $1,685,000 | n/a | 0.1% | |
| DIGITAL Federal Credit Union | $930,000 | $1,685,000 | 81.2% | 0.1% |
| Bangor Savings Bank | $2,965,000 | $1,680,000 | -43.3% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $390,000 | $1,660,000 | 325.6% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,630,000 | n/a | 0.1% | |
| Northpointe Bank | $4,205,000 | $1,620,000 | -61.5% | 0.0% |
| Adams Community Bank | $4,465,000 | $1,590,000 | -64.4% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $390,000 | $1,520,000 | 289.7% | 0.0% |
| Bank Rhode Island | $645,000 | $1,505,000 | 133.3% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $1,770,000 | $1,505,000 | -15.0% | 0.0% |
| The Bank of Canton | $1,425,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $1,990,000 | $1,385,000 | -30.4% | 0.0% |
| NFM, INC. | $1,325,000 | n/a | 0.0% | |
| Truist | $1,530,000 | $1,305,000 | -14.7% | 0.0% |
| ADVANCIAL | $155,000 | $1,295,000 | 735.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $530,000 | $1,290,000 | 143.4% | 0.0% |
| PeoplesBank | $470,000 | $1,285,000 | 173.4% | 0.0% |
| COMMUNITY CREDIT UNION OF LYNN | $1,275,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $1,155,000 | $1,270,000 | 10.0% | 0.0% |
| AMERICAN FINANCING CORPORATION | $340,000 | $1,210,000 | 255.9% | 0.0% |
| Stifel Bank and Trust | $2,600,000 | $1,205,000 | -53.7% | 0.0% |
| Waterstone Mortgage Corporation | $855,000 | $1,190,000 | 39.2% | 0.0% |
| NORTHEAST CREDIT UNION | $1,330,000 | $1,155,000 | -13.2% | 0.0% |
| Monson Savings Bank | $2,170,000 | $1,145,000 | -47.2% | 0.0% |
| Ally Bank | $1,600,000 | $1,120,000 | -30.0% | 0.0% |
| Easthampton Savings Bank | $1,245,000 | $1,105,000 | -11.2% | 0.0% |
| HANSCOM | $1,160,000 | $1,060,000 | -8.6% | 0.0% |
| TrustCo Bank | $1,035,000 | $1,055,000 | 1.9% | 0.0% |
| Flagstar Bank, FSB | $1,480,000 | $1,025,000 | -30.7% | 0.0% |
| Armed Forces Bank | $605,000 | $980,000 | 62.0% | 0.0% |
| Evolve Bank & Trust | $830,000 | $970,000 | 16.9% | 0.0% |
| Cornerstone First Mortgage, Inc | $545,000 | $960,000 | 76.1% | 0.0% |
| Arvest Bank | $480,000 | $945,000 | 96.9% | 0.0% |
| NexBank | $925,000 | $945,000 | 2.2% | 0.0% |
| Westfield Bank | $925,000 | n/a | 0.0% | |
| Willamette Valley Bank | $925,000 | n/a | 0.0% | |
| OceanFirst Bank | $545,000 | $910,000 | 67.0% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $780,000 | $900,000 | 15.4% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $1,710,000 | $880,000 | -48.5% | 0.0% |
| Wilmington Savings Fund Society, FSB | $770,000 | $860,000 | 11.7% | 0.0% |
| Glens Falls National Bank and Trust Company | $115,000 | $840,000 | 630.4% | 0.0% |
| MountainOne Bank | $220,000 | $810,000 | 268.2% | 0.0% |
| US MORTGAGE CORPORATION | $395,000 | $765,000 | 93.7% | 0.0% |
| Northwest Community Bank | $760,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $305,000 | $710,000 | 132.8% | 0.0% |
| Fifth Third Bank | $710,000 | n/a | 0.0% | |
| Cf Bank | $335,000 | $705,000 | 110.4% | 0.0% |
| EVERETT FINANCIAL, INC. | $1,775,000 | $670,000 | -62.3% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $2,755,000 | $670,000 | -75.7% | 0.0% |
| Ixonia Bank | $655,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $655,000 | n/a | 0.0% | |
| Premium Mortgage Corporation | $640,000 | n/a | 0.0% | |
| Paramount Bank | $625,000 | n/a | 0.0% | |
| Webster Bank | $3,055,000 | $615,000 | -79.9% | 0.0% |
| Equity Prime Mortgage LLC | $325,000 | $610,000 | 87.7% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $600,000 | n/a | 0.0% | |
| South State Bank | $595,000 | n/a | 0.0% | |
| The Central Trust Bank | $1,650,000 | $585,000 | -64.5% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $475,000 | $570,000 | 20.0% | 0.0% |
| HARTFORD FUNDING, LTD. | $560,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $550,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $1,305,000 | $545,000 | -58.2% | 0.0% |
| Quad City Bank and Trust Company | $545,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $610,000 | $530,000 | -13.1% | 0.0% |
| FineMark National Bank & Trust | $525,000 | n/a | 0.0% | |
| Amalgamated Bank | $505,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $505,000 | n/a | 0.0% | |
| UTILITIES EMPLOYEES CREDIT UNION | $465,000 | $500,000 | 7.5% | 0.0% |
| LUSO | $495,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $475,000 | n/a | 0.0% | |
| First Savings Bank | $1,065,000 | $460,000 | -56.8% | 0.0% |
| AmeriHome Mortgage Company, LLC | $455,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $455,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $115,000 | $455,000 | 295.7% | 0.0% |
| HONDA Federal Credit Union | $445,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $845,000 | $440,000 | -47.9% | 0.0% |
| Toyota Financial Savings Bank | $1,790,000 | $435,000 | -75.7% | 0.0% |
| Bank of England | $1,030,000 | $425,000 | -58.7% | 0.0% |
| North American Savings Bank, F.S.B. | $520,000 | $415,000 | -20.2% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $435,000 | $405,000 | -6.9% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $770,000 | $400,000 | -48.1% | 0.0% |
| Connexus Credit Union | $390,000 | n/a | 0.0% | |
| MEMBERS MORTGAGE COMPANY, INC. | $355,000 | $375,000 | 5.6% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $1,305,000 | $355,000 | -72.8% | 0.0% |
| ENVOY MORTGAGE, LTD | $1,205,000 | $355,000 | -70.5% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $350,000 | n/a | 0.0% | |
| GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION | $345,000 | n/a | 0.0% | |
| NP, Inc. | $325,000 | n/a | 0.0% | |
| Freedom Credit Union | $315,000 | n/a | 0.0% | |
| Granite Community Bank | $315,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $1,290,000 | $310,000 | -76.0% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $605,000 | $310,000 | -48.8% | 0.0% |
| CREDIT UNION ONE | $275,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $555,000 | $275,000 | -50.5% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $215,000 | $265,000 | 23.3% | 0.0% |
| Semper Home Loans, Inc. | $480,000 | $255,000 | -46.9% | 0.0% |
| Valley National Bank | $1,810,000 | $255,000 | -85.9% | 0.0% |
| Academy Bank | $245,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $625,000 | $245,000 | -60.8% | 0.0% |
| NEXERA HOLDING LLC | $245,000 | n/a | 0.0% | |
| WEBSTER FIRST Federal Credit Union | $675,000 | $245,000 | -63.7% | 0.0% |
| MORTGAGE EQUITY PARTNERS LLC | $370,000 | $235,000 | -36.5% | 0.0% |
| The Huntington National Bank | $3,035,000 | $235,000 | -92.3% | 0.0% |
| Financial Funding Solutions, Inc. | $225,000 | n/a | 0.0% | |
| Northway Bank | $105,000 | $220,000 | 109.5% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| SPIRE Credit Union | $205,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $265,000 | $205,000 | -22.6% | 0.0% |
| GEORGIA'S OWN | $345,000 | $195,000 | -43.5% | 0.0% |
| MERRIMACK VALLEY | $705,000 | $195,000 | -72.3% | 0.0% |
| S&T Bank | $195,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $1,405,000 | $185,000 | -86.8% | 0.0% |
| ARRHA Credit Union | $175,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $165,000 | n/a | 0.0% | |
| Baxter Credit Union | $1,040,000 | $160,000 | -84.6% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $155,000 | n/a | 0.0% | |
| GFA Federal Credit Union | $155,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $145,000 | n/a | 0.0% | |
| School Systems FCU | $5,000 | $145,000 | 2,800.0% | 0.0% |
| Navigant Credit Union | $710,000 | $135,000 | -81.0% | 0.0% |
| Axos Bank | $125,000 | $125,000 | 0.0% | 0.0% |
| Deere Employees Credit Union | $45,000 | $125,000 | 177.8% | 0.0% |
| BELLWETHER COMMUNITY | $105,000 | n/a | 0.0% | |
| Plains Commerce Bank | $105,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $105,000 | n/a | 0.0% | |
| HARVARD UNIVERSITY EMPLOYEES | $620,000 | $100,000 | -83.9% | 0.0% |
| AFFINITY | $95,000 | n/a | 0.0% | |
| BayCoast Bank | $65,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $55,000 | n/a | 0.0% | |
| N R L Federal Credit Union | $45,000 | n/a | 0.0% | |
| ADDITION FINANCIAL | $35,000 | n/a | 0.0% | |
| CENTRAL ONE FEDERAL CREDIT UNION | $1,035,000 | $25,000 | -97.6% | 0.0% |
Vermont's top lender by overall market share is NEW ENGLAND FEDERAL CREDIT UNION, with 12.5% market share. In second place, with 6.4%, is Northfield Savings Bank, having originated $206,395,000 in loans. In third place, with 5.2%, is NORTHEAST HOME LOAN, LLC, having originated $169,405,000 in loans. In fourth place, with 4.9%, is QUICKEN LOANS, LLC, having originated $157,780,000 in loans. In fifth place, with 4.8%, is EMM LOANS LLC, having originated $155,530,000 in loans.
Vermont Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,860 | $2,246,320,000 | $383,331 |
| Home Improvement | 1,902 | $205,700,000 | $108,149 |
| Refi | 1,560 | $367,430,000 | $235,532 |
| Other | 1,317 | $175,595,000 | $133,330 |
| Cash Out Refi | 1,104 | $251,300,000 | $227,627 |
Vermont's most frequently cited loan purpose was Home Purchase, with 5,860 originations. The 2nd most popular reason was Home Improvement, with 1,902 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 4,550 | $1,621,530,000 | $356,380 |
| 7-8% | 3,521 | $806,685,000 | $229,107 |
| Over 8% | 1,792 | $241,050,000 | $134,515 |
| 5-6% | 1,257 | $419,465,000 | $333,703 |
| 4-5% | 145 | $56,305,000 | $388,310 |
| <2.5% | 108 | $1,980,000 | $18,333 |
| 3-4% | 27 | $6,155,000 | $227,963 |
| 2.5-3% | 1 | $415,000 | $415,000 |
During 2024, Vermont's most frequently originated rate bucket was 6-7%, with 4,550 originations.
Loan Sizing (Vermont MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,020 | $1,145,830,000 | $285,032 |
| $100,000 or less | 3,110 | $164,310,000 | $52,833 |
| $100k-200k | 2,557 | $371,705,000 | $145,368 |
| $400k-600k | 1,374 | $655,080,000 | $476,769 |
| $600k-1000k | 493 | $356,235,000 | $722,586 |
| $Over $1MM | 189 | $553,185,000 | $2,926,905 |
Vermont's loan sizing saw the bucket of loans from $200k-400k with 4,020 originations, totaling $1,145,830,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,016 | $1,090,290,000 | $361,502 |
| 60-80% | 2,683 | $1,073,975,000 | $400,289 |
| Under 20% | 2,257 | $132,295,000 | $58,615 |
| 20-40% | 1,943 | $307,775,000 | $158,402 |
| 40-60% | 1,342 | $366,890,000 | $273,390 |
| Over 100% | 96 | $158,680,000 | $1,652,917 |
Vermont's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,016 originations, totaling $1,090,290,000 in origination value.