Today's Vermont (VT) Mortgage Rates

Vermont (VT) Mortgage Rates & Mortgage Loan Data – Prior Year

Mortgage Actions Taken

Loan originated: 169,469
Application denied by financial institution: 48,473
Loan purchased by the institution: 43,011
Application withdrawn by applicant: 24,525
Application approved but not accepted: 14,768
File closed for incompleteness: 7,782
Preapproval request approved but not accepted: 18
Preapproval request denied by financial institution: 17

Purpose of Loans

Refinancing: 192,701
Home purchase: 85,495
Home improvement: 29,867

Mortgage Types

Conventional: 272,237
FHA-insured: 21,477
VA-guaranteed: 7,497
FSA/RHS-guaranteed: 6,852

Mortage Actions by Applicant Race

White: 242,458
Information not provided by applicant in mail, Internet, or telephone application: 39,394
Not applicable: 21,074
Asian: 2,464
American Indian or Alaska Native: 1,203
Black or African American: 1,167
Native Hawaiian or Other Pacific Islander: 303

Mortage Actions by Applicant Ethnicity

Not Hispanic or Latino: 243,645
Information not provided by applicant in mail, Internet, or telephone application: 40,964
Not applicable: 21,099
Hispanic or Latino: 2,355

Mortage Actions by Applicant Sex

Male: 176,855
Female: 83,075
Information not provided by applicant in mail, Internet, or telephone application: 27,054
Not applicable: 21,079

Mortage Actions by Agency Name

Department of Housing and Urban Development: 65,472
Office of the Comptroller of the Currency: 57,032
National Credit Union Administration: 56,047
Consumer Financial Protection Bureau: 47,893
Federal Deposit Insurance Corporation: 44,751
Office of Thrift Supervision: 21,619
Federal Reserve System: 15,249

Mortage Actions by County

Chittenden County: 93,499
Washington County: 31,636
Franklin County: 27,837
Windsor County: 23,353
Rutland County: 22,797
Windham County: 19,231
Addison County: 17,113
Lamoille County: 15,137
Bennington County: 14,868
Orleans County: 11,928
Caledonia County: 11,841
Orange County: 10,577
Grand Isle County: 5,216
Essex County: 2,392
Unknown: 638

Mortage Actions by City

Unknown: 181,559
Burlington, South Burlington – VT: 126,504

Mortage Denial Reasons

Unknown: 273,461
Debt-to-income ratio: 10,053
Collateral: 8,678
Credit history: 7,928
Other: 3,396
Credit application incomplete: 2,297
Unverifiable information: 1,122
Insufficient cash (downpayment, closing costs): 542
Employment history: 480
Mortgage insurance denied: 106

HOEPA Status of Mortage Loans

Not a HOEPA loan: 307,999
HOEPA loan: 64

Lien Status of Mortage Loans

Secured by a first lien: 242,610
Not applicable: 43,011
Secured by a subordinate lien: 18,676
Not secured by a lien: 3,766

Owner Occupancy Status of Mortage Loans

Owner-occupied as a principal dwelling: 262,954
Not owner-occupied as a principal dwelling: 38,387
Not applicable: 6,722

Mortgages by Property Type

One-to-four family dwelling (other than manufactured housing): 297,987
Manufactured housing: 8,927
Multifamily dwelling: 1,149

Mortgages by Purchaser Type

Loan was not originated or was not sold in calendar year covered by register: 162,548
Freddie Mac (FHLMC): 42,069
Fannie Mae (FNMA): 41,666
Commercial bank, savings bank or savings association: 16,409
Ginnie Mae (GNMA): 12,431
Affiliate institution: 12,104
Other type of purchaser: 11,176
Life insurance company, credit union, mortgage bank, or finance company: 8,012
Private securitization: 1,614
Farmer Mac (FAMC): 34