Vermont
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover comprehensive Vermont mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all Vermont based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into Vermont's mortgage market trends.

Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 18,646
Total Mortgage Loan Application Amount $4,290,520,000
Average Mortgage Loan Application Amount $230,000
Highest Mortgage Loan Application Amount $35,565,000
Average Applicant Income $150,000
Highest Applicant Income $9,170,000

Explore comprehensive HMDA mortgage statistics and application trends for 2023 in Vermont. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in Vermont, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2023 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in Vermont.

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Mortgage Loan Application Detail Totals for Vermont in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 8,788 $2,787,140,000 $317,000 $35,565,000 $165,000 $8,594,000
Home Improvement 3,550 $333,460,000 $93,000 $2,295,000 $138,000 $3,048,000
Other Purpose 2,194 $301,750,000 $137,000 $7,205,000 $148,000 $9,170,000
Cash-out Refinancing 2,038 $452,280,000 $221,000 $2,005,000 $121,000 $5,400,000
Refinancing 2,029 $402,265,000 $198,000 $12,115,000 $135,000 $7,500,000
Not Applicable 47 $13,625,000 $289,000 $2,005,000 $113,000 $179,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 13,580 $2,856,490,000 $210,000 $8,405,000 $145,000 $9,170,000
Not Provided 3,026 $701,570,000 $231,000 $6,805,000 $163,000 $7,500,000
Not applicable 1,088 $498,290,000 $457,000 $35,565,000 $199,000 $793,000
Hispanic 344 $86,200,000 $250,000 $2,555,000 $203,000 $8,594,000
Asian 242 $71,010,000 $293,000 $1,045,000 $172,000 $1,474,000
Black or African American 163 $39,535,000 $242,000 $1,285,000 $136,000 $1,163,000
American Indian or Alaskan Native 141 $22,895,000 $162,000 $805,000 $103,000 $733,000
Native Hawaiian or Other Pacific Islander 11 $2,245,000 $204,000 $545,000 $96,000 $226,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 16,394 $3,681,650,000 $224,000 $35,565,000 $157,000 $9,170,000
FHA-insured (Federal Housing Administration) 1,319 $328,225,000 $248,000 $12,115,000 $86,000 $840,000
VA-guaranteed (Veterans Administration) 842 $262,980,000 $312,000 $1,265,000 $110,000 $1,362,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 91 $17,665,000 $194,000 $415,000 $82,000 $192,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 10,970 $2,645,970,000 $241,000 $35,565,000 $159,000 $7,500,000
Application Denied By Financial Institution 2,892 $496,370,000 $171,000 $8,405,000 $112,000 $8,594,000
Application Withdrawn By Applicant 2,428 $543,370,000 $223,000 $2,505,000 $162,000 $9,170,000
Loan Purchased By The Institution 1,109 $355,485,000 $320,000 $3,005,000 $108,000 $898,000
File Closed For Incompleteness 904 $168,310,000 $186,000 $3,505,000 $151,000 $2,800,000
Application Approved But Not Accepted 303 $71,345,000 $235,000 $4,005,000 $154,000 $2,131,000
Preapproval Denied by Financial Institution 34 $7,560,000 $222,000 $555,000 $80,000 $167,000
Preapproval Approved but not Accepted 6 $2,110,000 $351,000 $725,000 $198,000 $395,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 15,661 $3,768,375,000 $240,000 $35,565,000 $157,000 $9,170,000
Debt-To-Income Ratio 1,260 $244,160,000 $193,000 $8,405,000 $81,000 $2,862,000
Collateral 531 $94,435,000 $177,000 $2,105,000 $157,000 $6,805,000
Credit History 507 $60,905,000 $120,000 $845,000 $96,000 $1,122,000
Credit Application Incomplete 287 $46,635,000 $162,000 $1,245,000 $169,000 $8,594,000
Other 224 $37,580,000 $167,000 $1,005,000 $150,000 $2,548,000
Insufficient Cash (Downpayment, Closing Cost) 70 $14,850,000 $212,000 $895,000 $90,000 $332,000
Unverifiable Information 65 $15,065,000 $231,000 $1,005,000 $156,000 $1,362,000
Employment History 41 $8,515,000 $207,000 $725,000 $77,000 $252,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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Mortgage Loan Application Totals in 2023 by Vermont Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BURLINGTON-SOUTH BURLINGTON, VT 6,611 $ 1,589,455,000 $ 240,000 $ 140,000
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Mortgage Loan Application Totals in 2023 by Vermont County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Addison 983 $ 185,705,000 $ 188,000 $ 128,000
Bennington 812 $ 217,460,000 $ 267,000 $ 205,000
Caledonia 849 $ 143,805,000 $ 169,000 $ 112,000
Chittenden 4,330 $ 1,146,090,000 $ 264,000 $ 150,000
Essex 235 $ 36,835,000 $ 156,000 $ 105,000
Franklin 1,958 $ 370,300,000 $ 189,000 $ 110,000
Grand Isle 323 $ 73,065,000 $ 226,000 $ 180,000
Lamoille 961 $ 320,005,000 $ 332,000 $ 229,000
Orange 808 $ 147,580,000 $ 182,000 $ 110,000
Orleans 970 $ 155,600,000 $ 160,000 $ 103,000
Rutland 1,460 $ 279,680,000 $ 191,000 $ 135,000
Washington 1,964 $ 416,620,000 $ 212,000 $ 138,000
Windham 1,172 $ 299,630,000 $ 255,000 $ 207,000
Windsor 1,821 $ 498,145,000 $ 273,000 $ 187,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into Vermont's 2023 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of Vermont's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the Vermont Lender List