Lenders › Union Bank › Vermont
Union Bank in Vermont
HMDA record for properties in Vermont, calendar year 2024. National record · Vermont overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Vermont, Union Bank reported 644 applications and 497 originations for 2024, $154m in all.
Its denial rate in the state was 10.4%, below the Vermont rate of 19.6% across all lenders and compared with the lender's national rate of 8.7%.
The median rate spread on its Vermont originations was 0.3 percentage points (state median 0.3).
Applications in the state were up 5% on 2023.
Compared with the state and the lender's national record
| Measure | In Vermont | Vermont, all lenders | Union Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.4% | 19.6% | 8.7% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.8% | 14.4% | 15.7% | 15.6% |
| Average originated loan | $309k | $266k | $325k | $329k |
| Home purchase share | 74.4% | 49.9% | 73.9% | 57.0% |
| FHA-insured share | 2.4% | 4.9% | 2.0% | 13.4% |
| VA-guaranteed share | 0.8% | 4.0% | 0.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVermont, all lenders
Loan purpose and loan type in Vermont
By purpose
Home purchase 74% (370)Home improvement 9% (43)Refinancing 2% (9)Cash-out refinancing 7% (34)Other purpose 8% (41)
By type
Conventional 96% (477)FHA 2% (12)VA 1% (4)USDA 1% (4)
Denial reasons as coded
Share of 58 denials in Vermont by first denial reason coded (outlined bar: all lenders in the state).
Counties in Vermont
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Chittenden County | 123 | 95 | $35m | 5.9% |
| Lamoille County | 106 | 83 | $31m | 12.5% |
| Franklin County | 90 | 73 | $21m | 9.9% |
| Caledonia County | 98 | 71 | $16m | 15.5% |
| Orleans County | 84 | 64 | $13m | 8.6% |
| Washington County | 49 | 39 | $12m | 9.3% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Union Bank originate in Vermont in 2024?
497 loans totalling $154m, from 644 applications reported for properties in Vermont.
What is Union Bank's denial rate in Vermont?
10.4% of decided applications in Vermont were denied, against 19.6% for all lenders in the state and 8.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Vermont counties does Union Bank lend in most?
By originations: Chittenden County (95), Lamoille County (83), Franklin County (73), Caledonia County (71), Orleans County (64).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Vermont. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.