2025 · Vermont
In 2025, 676 investment-property loans worth $232M were originated on single-family 1-4 unit homes in Vermont. Here's how those terms compared to the rest of the country.
Investor rate premium
40 bps
U.S. median: 76 bps
Denial rate
14.4%
U.S. median: 17.5%
DSCR / business-purpose
71%
U.S. median: 72%
Median LTV
75%
U.S. median: 74%
Since 2024 in Vermont
Rate premium
59 bps → 40 bps
-19 bpsInvestor loans
548 → 676
+23.4%Denial rate
16.6% → 14.4%
-2.2 ptsDSCR / business-purpose
76% → 71%
-4.7 ptsInvestors in Vermont borrowed at a median rate of 6.9%, versus 6.5% for owner-occupants — a 40 bps premium that ranks 51st of 51 states.
Their applications were denied 14.4% of the time. The leading reasons for denial were debt-to-income ratio, collateral, other.
71% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 11% were cash-out refinances. The typical loan-to-value was 75%, implying about 25% down.
In 2025, the median investment-property loan in Vermont carried a rate of 6.9% versus 6.5% for an owner-occupant — a premium of 40 bps. That ranks 51st of 51 states (1 = highest premium).
14.4% of investment-property applications were denied in Vermont in 2025, the 36th-highest denial rate among the 51 states. The most common denial reasons were debt-to-income ratio, collateral, other.
71% of investor loans in Vermont were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (23rd of 51). The median loan-to-value was 75%.
Source: CFPB / FFIEC HMDA combined Modified LAR (loan-level public dataset, early release), 2025. Single-family 1-4 unit, site-built loans; financed purchases only.