FinObservatory

US mortgage lending / VT

Vermont

In 2024, lenders originated 11,750 mortgages in Vermont, $3.25B in volume, the 49th largest of 54 states and territories. The denial rate was 19.6% (44th highest), against 24.3% nationally.

18,424
Applications
2024
11,750
Originations
2024
$3.25B
Origination volume
peak $6.28B (2021)
$205K
Median originated loan
national $235K

Origination volume, 20072024

Total dollars of mortgages originated in Vermont each year. The series peak is $6.28B in 2021.

Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Sum of loan amounts on originated loans (action taken = 1). Legacy-era amounts converted from thousands of dollars. Methodology

Applications and originations

Applications (action codes 1-5) and the subset that closed as originated loans.

ApplicationsOriginations
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Counts of loan-level records; the applications series excludes purchased loans and preapproval requests. Methodology

Denial rate, vs the national rate

Denials as a share of applications that reached a credit decision, in Vermont and nationally. In 2024: 19.6% vs 24.3% national.

VermontUnited States
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Denial rate = denials / (originations + denials + approved-not-accepted), identical definition in both schema eras. Methodology

Purchase vs refinance originations

Originated loans in Vermont split by stated purpose. In 2024: 5,861 purchase loans, 2,664 refinances.

Home purchaseRefinance (incl. cash-out)Improvement + other
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Loan-purpose codes: purchase = 1 (both eras); refinance = 3 (2007-2017) and 31/32 (2018+); improvement = 2; other-purpose codes exist only from 2018. Methodology

Back to the national picture or read the methodology: the public-LAR privacy modifications, the two schema eras, and the exact code mappings.