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2025 federal record

FHA denial rate in Vermont: 27.4%

Of the 1,001 FHA applications that reached a credit decision in Vermont in 2025, 274 were denied. That is above the national rate of 22.1%, and ranks #49 of 52 jurisdictions from softest to hardest.

Loan size matters here too: applications under $150K were denied at 41.9% versus 21.6% for those above $250K — a 1.94× penalty on the cheapest way into a house.

What actually moves the odds

Geography sets the backdrop; the lender sets the outcome. Across the 100 largest FHA lenders nationally, 2025 denial rates ran from 1.8% to 78.7% — a 44× spread inside one federal program, far wider than any difference between states. If you have been denied, the record about doors is the useful place to look next.

All 100 lenders → The Denial Map → All states compared →
Source: CFPB HMDA 2025 Snapshot, processed by FinanceRateCalc. Universe: decisioned FHA applications (loan_type 2; action_taken 1, 2, 3); denial = action 3. Small <$150K, large ≥$250K, minimum 100 applications per cell. Denial rates partly reflect applicant mix; historical observation, not a prediction about any individual application and not evidence of wrongdoing. Free · no ads · no lender pays us · CC BY 4.0.
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FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.