State Guides

Vermont loan processing.

What brokers and loan officers should know about closings and property rules in Vermont, and how Hancock Processing works your files there.

Loan officer and borrower discussing loan processing in Vermont

Is Vermont a Title State or an Attorney State?

Vermont is an attorney state. Vermont closings are customarily conducted by attorneys, or by paralegals working under an attorney's supervision, and the Vermont Supreme Court treats preparing legal documents such as deeds, and giving legal advice for others, as the practice of law.

Is Vermont a Community Property State for Mortgages?

No. Vermont is not a community property state, and Vermont abolished dower and curtesy in 2009. Vermont's homestead law does protect a spouse, though: a married owner can't convey or mortgage a homestead unless the other spouse joins in signing and acknowledging it, except for a mortgage given for the purchase price at the time of purchase.

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Vermont

Hancock Processing services in Vermont

What Loan Types Does Hancock Processing Handle in Vermont?

All of them. We process every loan type we offer in Vermont, including conventional, FHA, VA, USDA, jumbo, Non-QM and DSCR loans, from Burlington and Chittenden County to the Northeast Kingdom and southern Vermont.

How does Hancock Processing work with Vermont closing attorneys?

Our processors coordinate with the closing attorney's office throughout the file.

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