2025 activity year · Official source proof
Vermont mortgage market
Reported mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, with purchased loans excluded from the application denominator.
Activity year
2025
Action taken
What happened to applications?
Originated64.3% · 13,418
Approved, not accepted2.3% · 482
Denied14.7% · 3,065
Withdrawn12.9% · 2,700
File closed for incompleteness4.9% · 1,019
Preapproval approved, not accepted0.8% · 162
“Originated” means the reported application resulted in a loan. It is not an approval probability for a future applicant.
Loan purpose
Why people applied
43%Home purchase
- Home purchase42.9%
- Home improvement15.0%
- Other purpose12.1%
- Refinancing15.6%
- Cash-out refinancing14.3%
Next source gate
Denial reasons are not published yet.
That analysis requires the raw modified-LAR pipeline, reason-code reconciliation, and small-cell review. We will not fill the gap with estimates or unsupported conclusions.
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Data provenance
Every published number will carry its source.
This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.