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New Castle County, Delaware
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
New Castle County, Delaware, saw 19,585 HMDA-reported applications and 11,221 originations ($3.0bn) in 2024.
That is 50.1 originations per 1,000 households, against 60.5 for Delaware and 48.0 nationally.
The county's denial rate was 25.9%, close to the state rate of 25.4%. The median rate spread on originated loans was 0.4 percentage points and 18.0% of originations were 1.5 points or more above the average prime offer rate.
100 lenders reached 25 applications in the county; the most active by originations were WSFS bank (734), Rocket Mortgage (728) and Pike Creek Mortgage Services, Inc. (704).
Originations were up 12% on 2023.
Most active lenders
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 100. Denial rate is denials over decided applications in this county.
Compared with Delaware and the nation
| Measure | This county | Delaware | United States |
|---|---|---|---|
| Denial rate | 25.9% | 25.4% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 18.0% | 16.9% | 15.6% |
| Average originated loan | $271k | $289k | $329k |
| Originations per 1,000 households | 50.1 | 60.5 | 48.0 |
| Home purchase share of originations | 51.3% | 56.3% | 57.0% |
| FHA-insured share | 14.2% | 14.8% | 13.4% |
| VA-guaranteed share | 5.2% | 7.7% | 7.9% |
Rate spread distribution
Share of 10,244 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Delaware). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 51% (5,758)Home improvement 13% (1,403)Refinancing 13% (1,422)Cash-out refinancing 14% (1,580)Other purpose 9% (1,052)
By type
Conventional 81% (9,037)FHA 14% (1,593)VA 5% (586)USDA 0% (5)
Trend by year
ApplicationsOriginations
This countyDelaware
Questions and answers
Which lenders are most active in New Castle County, DE?
By 2024 originations: WSFS bank (734), Rocket Mortgage (728), Pike Creek Mortgage Services, Inc. (704), CBNA Year to Date (480), PNC Bank N.A. (439). 100 lenders had at least 25 applications in the county.
What is the mortgage denial rate in New Castle County?
25.9% of decided applications were denied in 2024, against 25.4% across Delaware and 24.3% nationally.
How many mortgages were originated in New Castle County in 2024?
11,221 loans totalling $3.0bn, from 19,585 applications; 50.1 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 10003; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.