Median rate spread
-0.01 ppAPR relative to the prime offer benchmarkMiddle 50%: -0.28 to +0.29 pp
$400,000 to $599,999
Vermont coverage. Historical results, not current mortgage offers.
Coverage: Vermont. These are actual public HMDA records. Results apply to the geography stated here, not the whole country.
Key facts
In 2025, $400,000 to $599,999 had 1,252 eligible mortgage originations in Vermont. The median rate spread was -0.01 percentage points. Half of reported spreads were between -0.28 and +0.29. The denial rate was 9.5% of originated and denied applications.
Source: FFIEC HMDA 2025 snapshot, Vermont subset. Retrieved 2026-09-10, September 10, 2026. Methodology · Sources.
Explore Vermont mortgages
Public HMDA records2025 · All loan types · All purposes
Median interest rate
6.38%The interest rate before feesAnnual figure · 2025 loans only
Application denial rate
9.5%Denied ÷ originated and denied applications1,383 eligible applications
Originated mortgages
1,252Owner-occupied, first-lien mortgages0.4% missing rate spread
What borrowers paid
In 2025, $400,000 to $599,999 borrowers paid a median rate spread of -0.01 percentage points. The middle 80 percent ranged from -0.54 to +0.64.
Rate spread in percentage points. Bars show the number of originated loans.
| Spread interval (pp) | Loans |
|---|---|
| Below -1.0 | 9 |
| -1.0 to -0.8 | 33 |
| -0.8 to -0.6 | 57 |
| -0.6 to -0.4 | 110 |
| -0.4 to -0.2 | 194 |
| -0.2 to 0.0 | 235 |
| 0.0 to 0.2 | 212 |
| 0.2 to 0.4 | 170 |
| 0.4 to 0.6 | 83 |
| 0.6 to 0.8 | 64 |
| 0.8 to 1.0 | 28 |
| 1.0 to 1.2 | 22 |
| 1.2 to 1.4 | 10 |
| 1.4 to 1.6 | 8 |
| 1.6 to 1.8 | 4 |
| 1.8 to 2.0 | 6 |
| 2.0 to 2.2 | 0 |
| 2.2 to 2.4 | 1 |
| 2.4 to 2.6 | 0 |
| 2.6 to 2.8 | 0 |
| 2.8 to 3.0 | 0 |
| +3.0 and above | 1 |
Points, credits and closing costs
- Share paying discount points
- 100.0%
- Median points among payers
- 0.5% of loan amount
- Share receiving lender credits
- 100.0%
- Median total loan costs
- $5,861
- Median costs as share of loan
- 1.2%
- Median loan amount
- $465,000
- Median property value
- $565,000
Metrics use reported values only. Missing or exempt values are excluded; fields with fewer than 30 observations are not published.
Application denials
131 denied applications out of 1,383 originated and denied applications in 2025.
- Debt-to-income ratio: 33.6% of denied applications
- Collateral: 22.9% of denied applications
An application can have multiple denial reasons. Each reason is counted once per application, so shares may add to more than 100%.
Compared with national pricing
A matching national dataset has not been loaded. No national comparison is shown.
By loan type
| Segment | Originations | Median spread | Median interest rate | Denial rate |
|---|---|---|---|---|
| VA | 163 | -0.43 pp | 6.00% | 11.4% |
| FHA | 104 | +0.31 pp | 6.25% | 20.0% |
| Conventional | 985 | 0.00 pp | 6.50% | 7.9% |
By loan purpose
| Segment | Originations | Median spread | Median interest rate | Denial rate |
|---|---|---|---|---|
| Cash-out refinance | 114 | +0.03 pp | 6.25% | 31.3% |
| Refinance | 171 | -0.25 pp | 5.88% | 10.5% |
| Home purchase | 967 | +0.03 pp | 6.50% | 5.8% |
By loan size
| Segment | Originations | Median spread | Median interest rate | Denial rate |
|---|---|---|---|---|
| $200,000 to $399,999 | 3,165 | +0.03 pp | 6.38% | 12.5% |
| Under $200,000 | 1,206 | +0.13 pp | 6.38% | 20.9% |
| $400,000 to $599,999 | 1,252 | -0.01 pp | 6.38% | 9.5% |
| $600,000 to $799,999 | 314 | -0.09 pp | 6.37% | 8.4% |
| $800,000 to $1,199,999 | 121 | -0.12 pp | 6.25% | 5.5% |
| $1.2 million or more | 49 | -0.06 pp | 6.38% | 12.5% |
Conforming and jumbo
| Segment | Originations | Median spread | Median interest rate | Denial rate |
|---|---|---|---|---|
| Conforming | 1,252 | -0.01 pp | 6.38% | 9.5% |
Year-over-year view
| Data year | Originations | Median spread | Denial rate |
|---|---|---|---|
| 2024 | 973 | +0.06 pp | 9.4% |
| 2025 | 1,252 | -0.01 pp | 9.5% |
All years cover Vermont. Changes in loan and borrower mix affect comparisons.
Most active lenders
Combined loan-to-value
Not enough data is available to publish every bucket safely.
Debt-to-income ratio
- under 36
- 392 loans
- 36 to 43
- 375 loans
- over 43
- 433 loans
- missing
- 52 loans
Frequently asked questions
Are these current mortgage offers?
No. These records describe mortgages reported for 2025. Ask lenders for current Loan Estimates.
Does this include a credit score?
No. Public HMDA data does not include the borrower’s credit score.
Can I use this to choose a lender?
Use the distribution as context. Compare loan terms, fees and your own offers. Borrower mix, timing and products affect every lender comparison.