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Mortgage Refinancing in Vermont

Real refinance data for Vermont from federal sources, updated annually. See how your state compares to national averages.

Refinance Originations

1,327

2023 HMDA data

Avg Loan Amount

$200,946

National: $410,429

Denial Rate

20.3%

Below national avg

Median Home Value

$290,500

U.S. Census Bureau

Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS

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Refinance Trends in Vermont

Originations by Year

Refinance originations in Vermont by year. Source: HMDA via CFPB.

Loan Type Breakdown

Conventional: 96%
FHA: 3%
VA: 1%

Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.

Home Price Trends in Vermont

+4.79% YoYas of 2025-Q4

Source: FHFA House Price Index

Top Lenders in Vermont

#LenderHMDA RecordsAvg Loan
1Eastrise Federal Credit Union3,257-
2New England Federal Credit Union3,241-
3North Country1,535-
4Rocket Mortgage LLC1,482-
5Vermont Federal Credit Union1,263-
6Vermont Federal Credit Union1,234-
7Vermont State Employees1,223-
8Citizens Bank National Association1,065-
9North Country1,051-
10Mascoma Bank985-

Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.

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How Vermont Compares

MetricVermontNational Avg
Refinance Originations1,327435,709
Avg Loan Amount$200,946$410,429
Denial Rate20.3%27.87%

Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.

Current Mortgage Rates

30-Year Fixed

6.38%

6.22% prev

15-Year Fixed

5.75%

5.54% prev

5/1 ARM

6.06%

5.95% prev

National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.

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Frequently Asked Questions

How many people refinanced in Vermont in 2023?

In 2023, there were 1,327 refinance originations in Vermont, according to HMDA data reported to the CFPB.

What is the average refinance loan amount in Vermont?

The average refinance loan amount in Vermont was $200,946 in 2023. This reflects originated loans reported through HMDA.

What is the refinance denial rate in Vermont?

The refinance denial rate in Vermont was 20.3% in 2023. This is calculated from originated and denied applications reported to the CFPB.

What are the top refinance lenders in Vermont?

The most active lenders in Vermont by HMDA filing volume include Eastrise Federal Credit Union, New England Federal Credit Union, North Country. See the full list above for details.

Is it a good time to refinance in Vermont?

Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.

Want a deeper analysis?

Read our full editorial guide on refinancing in Vermont, including tips, regulations, and state programs.

Read the Vermont Refinance Guide

Data sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.