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2024 data HMDA 2024 disclosure official source

Essex County

234 mortgage applications, 23.5% denial rate. Verify FIPS 50009 with U.S. Census Bureau →

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Vermont · FIPS 50009

Local mortgage market. Essex County, Vermont saw 234 HMDA-reported mortgage applications in 2024. Lenders originated 120 of those loans and denied 55, producing a denial rate of 23.5% and an approval (origination) rate of 51.3%. The average loan amount was $153,376 at an average note rate of 7.28%, with applicants self-reporting average annual income of $38K. 37 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.0x, meaning typical borrowers took on mortgages of about 4.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 50009 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

234
Applications
120
Originated
23.5%
Denial Rate
51.3%
Approval Rate
$153,376
Avg Loan Amount
7.28%
Avg Interest Rate
$38K
Avg Applicant Income
4.0x
Loan-to-Income Ratio

Nearby Lenders in Essex County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 NorthCountry Federal Credit Union 20 16.7%
2 Union Bank 13 10.8%
3 Community National Bank 13 10.8%
4 Rocket Mortgage 9 7.5%
5 Bangor Savings Bank 5 4.2%
Compare NorthCountry Federal Credit Union vs Union Bank →

Frequently Asked Questions

How many mortgage applications were filed in Essex County?
In the 2024 HMDA reporting year, 234 mortgage applications were filed in Essex County, Vermont. Of these, 120 were originated (approved and funded), while 55 were denied, resulting in a denial rate of 23.5%.
What is the mortgage denial rate in Essex County?
The mortgage denial rate in Essex County is 23.5%. The approval (origination) rate is 51.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Essex County?
The average mortgage loan amount in Essex County is $153,376. The average interest rate is 7.276%. The average applicant income is $38K.
What is the loan-to-income ratio in Essex County?
The average loan-to-income ratio in Essex County is 4.0x, meaning borrowers took on loans averaging 4.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Essex County?
The top mortgage lenders in Essex County by origination volume are NorthCountry Federal Credit Union, Union Bank, Community National Bank. In total, 37 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.