M&T 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.
M&T Bank's 2024 HMDA record for Vermont covers 573 applications, 342 of them originated, worth $104m.
Its denial rate in the state was 32.2%, above the Vermont rate of 19.6% across all lenders and compared with the lender's national rate of 34.1%.
The median rate spread on its Vermont originations was 0.7 percentage points (state median 0.3).
Applications in the state were up 39% on 2023.
Compared with the state and the lender's national record
| Measure | In Vermont | Vermont, all lenders | M&T Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 32.2% | 19.6% | 34.1% | 24.3% |
| Median rate spread, pp | 0.7 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 26.0% | 14.4% | 30.2% | 15.6% |
| Average originated loan | $303k | $266k | $259k | $329k |
| Home purchase share | 26.9% | 49.9% | 33.4% | 57.0% |
| FHA-insured share | 2.3% | 4.9% | 6.8% | 13.4% |
| VA-guaranteed share | 0.0% | 4.0% | 2.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVermont, all lenders
Loan purpose and loan type in Vermont
By purpose
Home purchase 27% (92)Home improvement 34% (116)Refinancing 24% (81)Cash-out refinancing 3% (11)Other purpose 12% (42)
By type
Conventional 98% (334)FHA 2% (8)
Denial reasons as coded
Share of 170 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 | 163 | 103 | $59m | 27.8% |
| Windham County | 81 | 45 | $7.4m | 36.5% |
| Windsor County | 74 | 43 | $8.9m | 33.8% |
| Rutland County | 51 | 27 | $4.3m | 44.0% |
| Franklin County | 36 | 25 | $3.8m | 20.0% |
| Washington County | 37 | 21 | $3.8m | 33.3% |
| Addison County | 28 | 18 | $2.4m | 26.9% |
| Lamoille County | 26 | 17 | $6.0m | — |
| Bennington County | 33 | 16 | $3.4m | 43.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did M&T Bank originate in Vermont in 2024?
342 loans totalling $104m, from 573 applications reported for properties in Vermont.
What is M&T Bank's denial rate in Vermont?
32.2% of decided applications in Vermont were denied, against 19.6% for all lenders in the state and 34.1% 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 M&T Bank lend in most?
By originations: Chittenden County (103), Windham County (45), Windsor County (43), Rutland County (27), Franklin County (25).
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.