DSCR Loans in Vermont
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
Dominick Prevete arranges DSCR loans across Vermont, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. In 2025 HMDA data, 112 lenders made 724 investment-property loans in Vermont; the most active are in the table below, and 1 county has its own page.
Vermont investor market at a glance
| Statistic | Vermont | National | State rank |
|---|---|---|---|
| Investor loans | 724 | 553,332 | 50th of 51 |
| Reporting lenders | 112 | 4,120 | 49th of 51 |
| Loan volume | $241.9M | $190.57B | 49th of 51 |
| Average loan | $334K | $344K | 22nd of 51 |
| Median loan | $275K | — | 18th of 51 |
| Purchases | 67.1% | 59.2% | 6th of 51 |
| Cash-out refinances | 9.9% | 18.8% | 43rd of 51 |
| 2–4 unit properties | 36.2% | 17.3% | 7th of 51 |
| Top five lenders' share | 37.2% | 21.9% | 3rd of 51 |
| Reported business-purpose | 70.3% | 70.8% | 21st of 51 |
Vermont: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 50 states and DC. The national figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in Vermont
The five most active lenders wrote 37.2% of Vermont's investor loans, the 3rd-highest share of the 50 states and DC (national figure: 21.9%).
Five lenders write 37.2% of the loans here, so comparing written term sheets matters more.
67.1% of Vermont's investor loans were purchases, the 6th-highest share of the 50 states and DC (national figure: 59.2%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
36.2% of Vermont's investor loans financed a 2–4 unit property, the 7th-highest share of the 50 states and DC (national figure: 17.3%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
Who are the DSCR and investment-property lenders in Vermont?
The most active investment-property lenders in Vermont in 2025 HMDA data were EASTRISE FEDERAL CREDIT UNION, Community National Bank and Peoples Trust Company of St. Albans, out of 112 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including two that reported in Vermont, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered Vermont's 2025 filings to closed-end loans on 1–4 unit investment properties: 724 loans totaling $0.24B across 112 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| EASTRISE FEDERAL CREDIT UNION | 104 | $29.3M | $282K | 71.2% |
| Community National Bank | 61 | $16.1M | $265K | 60.7% |
| Peoples Trust Company of St. Albans | 37 | $11.6M | $314K | 59.5% |
| EMM LOANS LLC | 37 | $11.1M | $300K | 86.5% |
| NORTH COUNTRY | 30 | $7.5M | $249K | 36.7% |
| Mascoma Bank | 29 | $11.0M | $378K | 79.3% |
| Northfield Savings Bank | 28 | $8.0M | $285K | 46.4% |
| NORTHEAST HOME LOAN, LLC | 22 | $7.0M | $318K | 95.5% |
| Rocket Mortgage, LLC | 22 | $6.8M | $307K | 36.4% |
| Union Bank | 21 | $8.1M | $384K | 81.0% |
| Advisors Mortgage Group, L.L.C. | 18 | $6.8M | $376K | 94.4% |
| Community Bank, National Association | 18 | $5.8M | $322K | 94.4% |
| 802 CREDIT UNION INC. | 16 | $4.9M | $307K | 43.8% |
| VERMONT FEDERAL CREDIT UNION | 15 | $4.3M | $287K | 33.3% |
| United Wholesale Mortgage | 14 | $6.1M | $436K | 57.1% |
| The National Bank of Middlebury | 13 | $3.9M | $297K | 84.6% |
| CMG MORTGAGE, INC. | 10 | $2.9M | $291K | 90.0% |
| GUARANTEED RATE, INC. | 8 | $6.0M | $745K | 50.0% |
| JPMorgan Chase Bank, National Association | 8 | $2.9M | $358K | 87.5% |
| HOMESTEAD FUNDING CORP. | 7 | $2.8M | $398K | 85.7% |
| PENNYMAC LOAN SERVICES, LLC | 7 | $2.6M | $365K | 100.0% |
| Manufacturers and Traders Trust Company | 7 | $2.4M | $341K | 100.0% |
| NBT Bank, National Association | 7 | $1.8M | $259K | 85.7% |
| Fairway Independent Mortgage Corporation | 6 | $2.5M | $422K | 83.3% |
| CROSSCOUNTRY MORTGAGE, INC. | 6 | $2.1M | $353K | 66.7% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved November 11, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 112 reporting lenders with every underlying figure. Researching the market rather than financing a property? The Vermont lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders so it lands with the one most likely to fund it.
Price your loan →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
DSCR loans by county in Vermont
Each county page compares the county's 2025 HMDA investor-lending figures with Vermont's and names its most active lenders. Counties are listed by investor loan count.
1 Vermont county has its own page so far.
- Chittenden County190 loans
- Windham County (fewer than 100 investor loans in 2025)91 loans
- Rutland County (fewer than 100 investor loans in 2025)74 loans
- Windsor County (fewer than 100 investor loans in 2025)68 loans
- Washington County (fewer than 100 investor loans in 2025)62 loans
- Franklin County (fewer than 100 investor loans in 2025)55 loans
- Lamoille County (fewer than 100 investor loans in 2025)47 loans
- Orleans County (fewer than 100 investor loans in 2025)32 loans
- Bennington County (fewer than 100 investor loans in 2025)26 loans
- Caledonia County (fewer than 100 investor loans in 2025)23 loans
- Addison County (fewer than 100 investor loans in 2025)22 loans
- Grand Isle County (fewer than 100 investor loans in 2025)14 loans
- Essex County (fewer than 100 investor loans in 2025)10 loans
- Orange County (fewer than 100 investor loans in 2025)10 loans
Run the coverage test on your Vermont deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Vermont property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Vermont's at-a-glance figures, its rank among the 50 states and DC, its observations and the Quick Read's 112 lenders and 724 loans: 2025 HMDA loan-level data.
- Vermont investor-lender dataset (CSV) — Every Vermont lender behind the table above, with volume, average loan and purchase share for each.
- Vermont investor lending data, Dominick Prevete — The Vermont table on its own, with the state's concentration figures and the method behind them.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.