Which mortgage lender in the Burlington, VT area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Burlington, VT area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Burlington, VT area in terms of interest rate is New England Federal Credit Union, with an average “Rate Difference” of -0.20%. This means that, comparing similar borrowers, New England Federal Credit Union provided a -0.20% lower interest rate for its customers than other lenders in the area. New England Federal Credit Union has a market share of 27.5%. It is the most popular lender in the Burlington, VT area.
Our detailed ranking of mortgage lenders in the Burlington, VT area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Burlington, VT is New England Federal Credit Union. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is People’s United Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Union Bank in Morrisville VT. The cheapest VA mortgage provider is also Union Bank in Morrisville VT. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Burlington, VT
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.20% | 27.45% | |
| Northeast Home Loan | -0.08% | 8.25% | |
| Northfield Savings Bank | -0.05% | 1.62% | |
| Vermont Federal Credit Union | -0.04% | 7.50% | |
| NBT Bank | -0.03% | 1.10% | |
| JPMorgan Chase Bank | -0.01% | 0.87% | |
| PrimeLending | 0.02% | 1.17% | |
| Draper and Kramer Mortgage Corp | 0.02% | 2.25% | |
| TD Bank | 0.03% | 0.89% | |
| Wells Fargo Bank | 0.04% | 0.91% | |
| USAA | 0.05% | 1.27% | |
| loanDepot | 0.06% | 0.87% | |
| Union Bank in Morrisville VT | 0.06% | 8.29% | |
| Movement Mortgage | 0.07% | 1.21% | |
| People’s United Bank | 0.07% | 2.38% | |
| Community Bank NA | 0.08% | 1.68% | |
| VSECU | 0.10% | 3.64% | |
| HomeBridge Financial Services | 0.10% | 5.82% | |
| KeyBank | 0.11% | 2.00% | |
| Fairway Independent Mortgage Corporation | 0.14% | 4.70% | |
| Academy Mortgage Corporation Utah | 0.17% | 3.13% | |
| Mr. Cooper | 0.23% | 0.70% | |
| Quicken Loans | 0.23% | 10.25% | |
| NorthCountry Federal Credit Union | 0.29% | 2.06% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.16% | 23.95% | |
| Northfield Savings Bank | -0.09% | 2.01% | |
| NBT Bank | -0.08% | 1.34% | |
| Northeast Home Loan | -0.06% | 10.35% | |
| JPMorgan Chase Bank | -0.06% | 0.97% | |
| VSECU | -0.03% | 2.68% | |
| TD Bank | -0.03% | 0.90% | |
| Vermont Federal Credit Union | -0.02% | 7.20% | |
| Wells Fargo Bank | -0.01% | 1.04% | |
| PrimeLending | 0.00% | 1.88% | |
| loanDepot | 0.02% | 0.20% | |
| People’s United Bank | 0.03% | 2.65% | |
| KeyBank | 0.03% | 0.87% | |
| Mr. Cooper | 0.04% | 0.13% | |
| USAA | 0.04% | 1.88% | |
| Draper and Kramer Mortgage Corp | 0.05% | 2.04% | |
| Movement Mortgage | 0.07% | 1.81% | |
| Union Bank in Morrisville VT | 0.09% | 11.22% | |
| Community Bank NA | 0.09% | 1.04% | |
| HomeBridge Financial Services | 0.11% | 7.94% | |
| Fairway Independent Mortgage Corporation | 0.15% | 6.73% | |
| Quicken Loans | 0.15% | 5.36% | |
| Academy Mortgage Corporation Utah | 0.17% | 4.66% | |
| NorthCountry Federal Credit Union | 0.18% | 1.14% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.24% | 31.98% | |
| Northeast Home Loan | -0.13% | 5.54% | |
| Vermont Federal Credit Union | -0.05% | 7.88% | |
| Union Bank in Morrisville VT | -0.02% | 4.50% | |
| Draper and Kramer Mortgage Corp | -0.00% | 2.51% | |
| Movement Mortgage | 0.01% | 0.43% | |
| HomeBridge Financial Services | 0.04% | 3.07% | |
| USAA | 0.04% | 0.48% | |
| Northfield Savings Bank | 0.04% | 1.13% | |
| NBT Bank | 0.06% | 0.78% | |
| JPMorgan Chase Bank | 0.06% | 0.74% | |
| Fairway Independent Mortgage Corporation | 0.07% | 2.08% | |
| PrimeLending | 0.08% | 0.26% | |
| loanDepot | 0.08% | 1.73% | |
| Community Bank NA | 0.09% | 2.51% | |
| Academy Mortgage Corporation Utah | 0.11% | 1.17% | |
| TD Bank | 0.11% | 0.87% | |
| Wells Fargo Bank | 0.12% | 0.74% | |
| KeyBank | 0.14% | 3.46% | |
| People’s United Bank | 0.14% | 2.03% | |
| VSECU | 0.20% | 4.89% | |
| Mr. Cooper | 0.27% | 1.43% | |
| Quicken Loans | 0.27% | 16.57% | |
| NorthCountry Federal Credit Union | 0.35% | 3.25% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.21% | 30.48% | |
| Northeast Home Loan | -0.08% | 9.17% | |
| NBT Bank | -0.05% | 0.96% | |
| Northfield Savings Bank | -0.04% | 1.83% | |
| Vermont Federal Credit Union | -0.03% | 8.51% | |
| JPMorgan Chase Bank | -0.01% | 0.98% | |
| PrimeLending | 0.00% | 0.85% | |
| Draper and Kramer Mortgage Corp | 0.03% | 2.33% | |
| TD Bank | 0.04% | 0.74% | |
| Wells Fargo Bank | 0.05% | 0.91% | |
| Movement Mortgage | 0.08% | 1.11% | |
| loanDepot | 0.09% | 0.63% | |
| Community Bank NA | 0.09% | 1.92% | |
| People’s United Bank | 0.10% | 2.11% | |
| VSECU | 0.10% | 4.18% | |
| USAA | 0.11% | 0.52% | |
| Union Bank in Morrisville VT | 0.11% | 7.75% | |
| KeyBank | 0.12% | 2.07% | |
| HomeBridge Financial Services | 0.13% | 4.46% | |
| Fairway Independent Mortgage Corporation | 0.15% | 3.94% | |
| Academy Mortgage Corporation Utah | 0.19% | 2.59% | |
| Quicken Loans | 0.29% | 9.06% | |
| NorthCountry Federal Credit Union | 0.30% | 2.33% | |
| Mr. Cooper | 0.31% | 0.57% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.16% | 27.65% | |
| NBT Bank | -0.09% | 1.37% | |
| Northfield Savings Bank | -0.09% | 2.38% | |
| Northeast Home Loan | -0.06% | 11.85% | |
| JPMorgan Chase Bank | -0.06% | 1.17% | |
| TD Bank | -0.03% | 0.81% | |
| VSECU | -0.03% | 3.22% | |
| Vermont Federal Credit Union | -0.02% | 8.46% | |
| PrimeLending | -0.02% | 1.33% | |
| Wells Fargo Bank | -0.01% | 1.01% | |
| loanDepot | 0.03% | 0.12% | |
| Mr. Cooper | 0.03% | 0.04% | |
| KeyBank | 0.04% | 0.81% | |
| People’s United Bank | 0.05% | 2.54% | |
| Draper and Kramer Mortgage Corp | 0.06% | 2.14% | |
| Movement Mortgage | 0.09% | 1.65% | |
| Community Bank NA | 0.10% | 1.21% | |
| USAA | 0.11% | 0.77% | |
| HomeBridge Financial Services | 0.15% | 6.01% | |
| Union Bank in Morrisville VT | 0.16% | 10.36% | |
| Fairway Independent Mortgage Corporation | 0.16% | 5.64% | |
| NorthCountry Federal Credit Union | 0.19% | 1.33% | |
| Quicken Loans | 0.21% | 4.35% | |
| Academy Mortgage Corporation Utah | 0.21% | 3.79% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| New England Federal Credit Union | -0.25% | 33.81% | |
| Northeast Home Loan | -0.13% | 6.01% | |
| Vermont Federal Credit Union | -0.05% | 8.57% | |
| Union Bank in Morrisville VT | -0.02% | 4.69% | |
| Draper and Kramer Mortgage Corp | 0.00% | 2.56% | |
| Movement Mortgage | 0.01% | 0.47% | |
| USAA | 0.04% | 0.24% | |
| Northfield Savings Bank | 0.05% | 1.18% | |
| HomeBridge Financial Services | 0.06% | 2.65% | |
| JPMorgan Chase Bank | 0.07% | 0.76% | |
| Fairway Independent Mortgage Corporation | 0.07% | 1.94% | |
| PrimeLending | 0.08% | 0.28% | |
| NBT Bank | 0.08% | 0.47% | |
| Community Bank NA | 0.09% | 2.75% | |
| loanDepot | 0.11% | 1.23% | |
| Academy Mortgage Corporation Utah | 0.12% | 1.18% | |
| Wells Fargo Bank | 0.13% | 0.80% | |
| TD Bank | 0.15% | 0.66% | |
| KeyBank | 0.15% | 3.55% | |
| People’s United Bank | 0.20% | 1.61% | |
| VSECU | 0.20% | 5.30% | |
| Quicken Loans | 0.33% | 14.58% | |
| Mr. Cooper | 0.33% | 1.18% | |
| NorthCountry Federal Credit Union | 0.36% | 3.50% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Union Bank in Morrisville VT | -0.20% | 14.73% | |
| New England Federal Credit Union | -0.06% | 2.27% | |
| People’s United Bank | -0.06% | 1.70% | |
| Movement Mortgage | -0.02% | 1.98% | |
| KeyBank | -0.02% | 0.57% | |
| TD Bank | 0.01% | 0.28% | |
| HomeBridge Financial Services | 0.01% | 18.13% | |
| loanDepot | 0.01% | 1.98% | |
| Quicken Loans | 0.01% | 26.35% | |
| Mr. Cooper | 0.01% | 2.27% | |
| PrimeLending | 0.02% | 5.10% | |
| Draper and Kramer Mortgage Corp | 0.02% | 1.13% | |
| Wells Fargo Bank | 0.02% | 0.28% | |
| Academy Mortgage Corporation Utah | 0.10% | 10.20% | |
| Fairway Independent Mortgage Corporation | 0.12% | 13.03% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Union Bank in Morrisville VT | -0.21% | 17.99% | |
| New England Federal Credit Union | -0.07% | 2.52% | |
| People’s United Bank | -0.06% | 2.16% | |
| Movement Mortgage | -0.02% | 2.52% | |
| KeyBank | -0.02% | 0.72% | |
| loanDepot | -0.01% | 0.72% | |
| TD Bank | 0.01% | 0.36% | |
| HomeBridge Financial Services | 0.01% | 22.30% | |
| Mr. Cooper | 0.01% | 0.36% | |
| PrimeLending | 0.02% | 6.47% | |
| Wells Fargo Bank | 0.02% | 0.36% | |
| Draper and Kramer Mortgage Corp | 0.03% | 1.08% | |
| Quicken Loans | 0.03% | 14.75% | |
| Academy Mortgage Corporation Utah | 0.11% | 12.23% | |
| Fairway Independent Mortgage Corporation | 0.13% | 15.47% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Union Bank in Morrisville VT | -0.02% | 2.67% | |
| Academy Mortgage Corporation Utah | -0.01% | 2.67% | |
| New England Federal Credit Union | -0.01% | 1.33% | |
| Draper and Kramer Mortgage Corp | -0.00% | 1.33% | |
| Quicken Loans | -0.00% | 69.33% | |
| HomeBridge Financial Services | 0.00% | 2.67% | |
| Fairway Independent Mortgage Corporation | 0.01% | 4.00% | |
| Mr. Cooper | 0.01% | 9.33% | |
| loanDepot | 0.02% | 6.67% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| People’s United Bank | -0.04% | 17.54% | |
| TD Bank | -0.02% | 8.77% | |
| Wells Fargo Bank | -0.01% | 2.63% | |
| NBT Bank | -0.01% | 12.28% | |
| Northeast Home Loan | -0.01% | 1.75% | |
| Northfield Savings Bank | -0.01% | 1.75% | |
| KeyBank | -0.00% | 6.14% | |
| HomeBridge Financial Services | 0.00% | 0.88% | |
| VSECU | 0.00% | 0.88% | |
| JPMorgan Chase Bank | 0.01% | 0.88% | |
| Quicken Loans | 0.01% | 2.63% | |
| Vermont Federal Credit Union | 0.01% | 4.39% | |
| Community Bank NA | 0.01% | 0.88% | |
| Draper and Kramer Mortgage Corp | 0.01% | 1.75% | |
| New England Federal Credit Union | 0.02% | 22.81% | |
| Academy Mortgage Corporation Utah | 0.02% | 1.75% | |
| NorthCountry Federal Credit Union | 0.03% | 1.75% | |
| Fairway Independent Mortgage Corporation | 0.03% | 2.63% | |
| Union Bank in Morrisville VT | 0.07% | 7.89% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| People’s United Bank | -0.05% | 11.67% | |
| TD Bank | -0.03% | 8.33% | |
| Wells Fargo Bank | -0.02% | 5.00% | |
| Northfield Savings Bank | -0.01% | 1.67% | |
| New England Federal Credit Union | -0.01% | 18.33% | |
| NBT Bank | -0.01% | 10.00% | |
| Northeast Home Loan | -0.01% | 3.33% | |
| HomeBridge Financial Services | -0.00% | 1.67% | |
| Vermont Federal Credit Union | 0.00% | 6.67% | |
| Quicken Loans | 0.00% | 1.67% | |
| KeyBank | 0.00% | 3.33% | |
| Community Bank NA | 0.01% | 1.67% | |
| Draper and Kramer Mortgage Corp | 0.01% | 1.67% | |
| Academy Mortgage Corporation Utah | 0.01% | 3.33% | |
| Fairway Independent Mortgage Corporation | 0.03% | 5.00% | |
| NorthCountry Federal Credit Union | 0.03% | 1.67% | |
| Union Bank in Morrisville VT | 0.07% | 15.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| People’s United Bank | -0.04% | 24.07% | |
| TD Bank | -0.01% | 9.26% | |
| NBT Bank | -0.01% | 14.81% | |
| KeyBank | 0.00% | 9.26% | |
| Northfield Savings Bank | 0.00% | 1.85% | |
| VSECU | 0.01% | 1.85% | |
| JPMorgan Chase Bank | 0.01% | 1.85% | |
| Draper and Kramer Mortgage Corp | 0.01% | 1.85% | |
| Quicken Loans | 0.01% | 3.70% | |
| NorthCountry Federal Credit Union | 0.02% | 1.85% | |
| Vermont Federal Credit Union | 0.03% | 1.85% | |
| New England Federal Credit Union | 0.04% | 27.78% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Union Bank in Morrisville VT | -0.10% | 9.32% | |
| New England Federal Credit Union | -0.05% | 8.47% | |
| Northeast Home Loan | -0.04% | 5.93% | |
| Draper and Kramer Mortgage Corp | -0.02% | 2.54% | |
| loanDepot | -0.01% | 4.24% | |
| USAA | -0.01% | 18.22% | |
| PrimeLending | -0.00% | 2.12% | |
| Vermont Federal Credit Union | -0.00% | 0.42% | |
| Movement Mortgage | -0.00% | 2.54% | |
| TD Bank | 0.00% | 0.85% | |
| People’s United Bank | 0.01% | 1.27% | |
| Wells Fargo Bank | 0.01% | 0.85% | |
| Mr. Cooper | 0.02% | 1.27% | |
| HomeBridge Financial Services | 0.02% | 16.10% | |
| KeyBank | 0.02% | 0.85% | |
| Academy Mortgage Corporation Utah | 0.05% | 3.81% | |
| Quicken Loans | 0.06% | 13.14% | |
| Fairway Independent Mortgage Corporation | 0.06% | 8.05% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Union Bank in Morrisville VT | -0.12% | 11.45% | |
| Northeast Home Loan | -0.04% | 7.83% | |
| New England Federal Credit Union | -0.04% | 6.63% | |
| Draper and Kramer Mortgage Corp | -0.02% | 2.41% | |
| USAA | -0.01% | 22.29% | |
| PrimeLending | -0.00% | 3.01% | |
| Vermont Federal Credit Union | -0.00% | 0.60% | |
| Movement Mortgage | 0.00% | 3.61% | |
| loanDepot | 0.00% | 0.60% | |
| TD Bank | 0.01% | 0.60% | |
| People’s United Bank | 0.01% | 1.81% | |
| Wells Fargo Bank | 0.01% | 1.20% | |
| Mr. Cooper | 0.02% | 1.20% | |
| KeyBank | 0.02% | 1.20% | |
| Quicken Loans | 0.03% | 6.02% | |
| Academy Mortgage Corporation Utah | 0.05% | 5.42% | |
| HomeBridge Financial Services | 0.07% | 15.06% | |
| Fairway Independent Mortgage Corporation | 0.08% | 9.04% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HomeBridge Financial Services | -0.07% | 18.57% | |
| New England Federal Credit Union | -0.05% | 12.86% | |
| Draper and Kramer Mortgage Corp | -0.02% | 2.86% | |
| loanDepot | -0.01% | 12.86% | |
| Northeast Home Loan | -0.01% | 1.43% | |
| TD Bank | -0.01% | 1.43% | |
| USAA | -0.00% | 8.57% | |
| Union Bank in Morrisville VT | 0.01% | 4.29% | |
| Fairway Independent Mortgage Corporation | 0.01% | 5.71% | |
| Mr. Cooper | 0.02% | 1.43% | |
| Quicken Loans | 0.07% | 30.00% |
* Data is compiled for the Burlington, VT commuting zone area, which comprises of counties of Addison County, VT, Chittenden County, VT, Franklin County, VT, Grand Isle County, VT, Lamoille County, VT, and Rutland County, VT. This includes cities/towns/communities of Burlington, VT as well as South Burlington, VT, Essex Junction, VT, Milton, VT, Shelburne, VT, Swanton, VT, Stowe, VT, Rutland, VT, Jericho, VT, St. Albans, VT, Hinesburg, VT, Winooski, VT, Morrisville, VT, Richmond, VT, Jeffersonville, VT, Alburg, VT, Hyde Park, VT, Poultney, VT, Middlebury, VT, Castleton, VT, Bristol, VT, Enosburg Falls, VT, Johnson, VT, Richford, VT, Vergennes, VT, Wallingford, VT, Brandon, VT, Benson, VT, Pittsford, VT, Fair Haven, VT, and West Rutland, VT. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.
Mortgage Lender Rankings in Other Cities
This page contains information about the top mortgage lenders in the Burlington, VT area. For mortgage lender rankings in other cities, click here.