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2024 data HMDA 2024 disclosure official source

Rutland County

1,609 mortgage applications, 19.6% denial rate. Verify FIPS 50021 with U.S. Census Bureau →

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Vermont · FIPS 50021

Local mortgage market. Rutland County, Vermont saw 1,609 HMDA-reported mortgage applications in 2024. Lenders originated 897 of those loans and denied 316, producing a denial rate of 19.6% and an approval (origination) rate of 55.7%. The average loan amount was $279,357 at an average note rate of 7.08%, with applicants self-reporting average annual income of $38K. 110 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.4x, meaning typical borrowers took on mortgages of about 7.4 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 50021 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,609
Applications
897
Originated
19.6%
Denial Rate
55.7%
Approval Rate
$279,357
Avg Loan Amount
7.08%
Avg Interest Rate
$38K
Avg Applicant Income
7.4x
Loan-to-Income Ratio

Nearby Lenders in Rutland 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 EastRise Federal Credit Union 112 12.5%
2 Rocket Mortgage 102 11.4%
3 Community Bank, N.A. 84 9.4%
4 Mascoma Bank 50 5.6%
5 CBNA Year to Date 40 4.5%
Compare EastRise Federal Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Rutland County?
In the 2024 HMDA reporting year, 1,609 mortgage applications were filed in Rutland County, Vermont. Of these, 897 were originated (approved and funded), while 316 were denied, resulting in a denial rate of 19.6%.
What is the mortgage denial rate in Rutland County?
The mortgage denial rate in Rutland County is 19.6%. The approval (origination) rate is 55.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Rutland County?
The average mortgage loan amount in Rutland County is $279,357. The average interest rate is 7.078%. The average applicant income is $38K.
What is the loan-to-income ratio in Rutland County?
The average loan-to-income ratio in Rutland County is 7.4x, meaning borrowers took on loans averaging 7.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Rutland County?
The top mortgage lenders in Rutland County by origination volume are EastRise Federal Credit Union, Rocket Mortgage, Community Bank, N.A.. In total, 110 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.