Delaware mortgage lenders: applications, originations, denial rate and counties, 2024

States › Delaware

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. Record year 2024.

Delaware had 41,983 HMDA-reported mortgage applications and 24,306 originations ($7.0bn) in 2024, from 164 lenders with at least 25 applications in the state.

The statewide denial rate was 25.4% (national 24.3%) and the median rate spread 0.4 percentage points (national 0.3). Originations ran at 60.5 per 1,000 households, against 48.0 nationally.

Originations in the state went from 26,020 in 2018 to 24,306 in 2024; the denial rate moved from 26.2% to 25.4%.

The most active lenders by originations were Rocket Mortgage (1,498), WSFS bank (1,114) and Nvr Mortgage Finance, Inc. (1,017).

41,983applications, 2024

24,306loans originated$7.0bn

25.4%denial rateUS 24.3%

60.5originations per 1,000 householdsUS 48.0

Most active lenders in Delaware

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	Rocket Mortgage	1,965	1,498	$347m	15.5%	0.5
2	WSFS bank	1,712	1,114	$233m	24.8%	0.2
3	Nvr Mortgage Finance, Inc.	1,447	1,017	$347m	21.4%	0.3
4	Pike Creek Mortgage Services, Inc.	1,190	978	$308m	5.0%	0.3
5	PNC Bank N.A.	1,548	865	$183m	30.8%	0.9
6	CBNA Year to Date	1,444	821	$134m	34.6%	0.9
7	M&T Bank	1,198	707	$112m	34.7%	1.0
8	United Wholesale Mortgage	894	667	$229m	12.6%	0.1
9	Meridian Bank	739	602	$174m	2.7%	0.2
10	Loandepot.com, LLC	811	523	$191m	20.6%	0.5
11	Prosperity Home Mortgage, LLC	659	503	$157m	8.6%	0.3
12	Guild Mortgage Company	613	481	$145m	5.9%	0.2
13	Del-One Federal Credti Union	1,068	461	$63m	48.2%	0.3
14	Keystone Funding, Inc	524	434	$145m	5.2%	0.2
15	Navy Federal Credit Union	759	362	$81m	32.6%	0.7
16	Lennar Mortgage, LLC	457	353	$128m	8.5%	0.1
17	DHI Mortgage Company, LTD.	442	345	$114m	9.4%	-0.8
18	Newrez LLC	866	334	$94m	32.1%	0.5
19	Pennymac Loan Services LLC	735	333	$83m	23.3%	0.5
20	CMG Mortgage Inc	407	332	$130m	2.0%	0.3
21	Bank of America NA	732	315	$84m	45.2%	0.8
22	K. Hovnanian American Mortgage	401	314	$134m	6.8%	0.3
23	Crosscountry Mortgage, LLC	469	292	$103m	6.0%	0.4
24	Fairway Independent Mort Corp	356	290	$112m	3.0%	0.4
25	Fulton Bank, National Association	477	280	$76m	26.5%	-0.7
26	Freedom Mortgage Corporation	644	276	$95m	16.4%	0.3
27	TD Bank	505	263	$63m	35.3%	0.9
28	Movement Mortgage, LLC	367	262	$80m	4.4%	0.3
29	Discover Bank	1,253	245	$21m	71.3%	2.2
30	JPMorgan Chase Bank, NA	347	223	$85m	9.7%	-0.0
31	Primary Residential Mortgage, INC.	272	217	$47m	4.4%	0.1
32	Mortgage Research Center	481	216	$76m	30.1%	-0.1
33	American Neighborhood Mortgage Acceptance Company	286	214	$70m	4.0%	0.5
34	Nationstar Mortgage	321	210	$38m	20.4%	1.3
35	Capital Bank, N.A.	247	188	$79m	2.1%	0.2
36	Spring Eq, LLC	559	187	$15m	61.5%	4.1
37	Nation One Mortgage Corporatio	222	187	$61m	1.6%	0.2
38	New American Funding, LLC.	582	172	$53m	29.1%	0.6
39	Dexsta Federal Credit Union	190	168	$14m	5.0%	0.9
40	Evolve Bank & Trust	232	164	$53m	6.7%	0.3
41	Tidewater Mortgage Services, Inc	208	156	$46m	10.3%	0.4
42	Wells Fargo Bank NA	323	146	$68m	33.5%	0.0
43	Dover Federal Credit Union	229	139	$16m	33.3%	1.4
44	Amerisave Mortgage Company	735	136	$16m	77.8%	3.9
45	First Shore Federal Savings and Loan Association	224	131	$18m	16.4%	—
46	Luminate Home Loans, Inc.	158	124	$44m	2.3%	0.4
47	Cardinal Financial Company, Li	169	119	$39m	3.8%	0.4
48	RCN Capital, LLC	161	115	$20m	14.8%	—
49	Police and Fire Federal Credit Union	246	105	$9.9m	50.9%	0.2
50	Guaranteed Rate Affinity, LLC	139	103	$37m	2.8%	0.5
51	Shore United Bank, N.A.	154	102	$24m	22.8%	0.3
52	Embrace Home Loans, Inc.	131	96	$34m	2.9%	0.4
53	NFM, Inc	115	92	$33m	3.1%	0.4
54	Colorado Federal Savings Bank	115	85	$31m	9.4%	0.1
55	Artisans' Bank	98	84	$22m	5.4%	—
56	Mutual of Omaha Mortgage	153	83	$23m	21.9%	0.4
57	Guaranteed Rate, Inc.	140	83	$32m	15.2%	0.3
58	Franklin Mint Federal Credit Union	148	78	$9.1m	36.2%	0.0
59	Absolute Home Mortgage	131	74	$22m	6.3%	0.4
60	Tower Federal Credit Union	110	73	$13m	24.2%	-0.1

Top 60 of 164 lenders with at least 25 applications in the state, by originations. 75 lenders have 100 or more applications here and link to a state-specific page.

Compared with the nation

Measure	Delaware	United States
Denial rate	25.4%	24.3%
Median rate spread, pp	0.4	0.3
Originations with spread of 1.5 pp or more	16.9%	15.6%
Average originated loan	$289k	$329k
Originations per 1,000 households	60.5	48.0
Home purchase share of originations	56.3%	57.0%
FHA-insured share	14.8%	13.4%
VA-guaranteed share	7.7%	7.9%

Trend, 2018–2024

ApplicationsOriginations

Applications and originations in Delaware by year

DelawareUnited States

Denial rate by year, US dashed

FHA share of originationsVA share

FHA-insured and VA-guaranteed shares of originations in Delaware by year

Year	Applications	Originations	Amount	Denial rate	FHA	VA	Refinance share
2018	44,161	26,020	$6.1bn	26.2%	15.9%	7.8%	26.9%
2019	51,687	31,599	$7.9bn	21.9%	16.7%	9.6%	36.7%
2020	79,302	50,971	$14bn	16.2%	12.4%	10.5%	56.4%
2021	90,060	56,996	$16bn	17.4%	11.9%	9.0%	56.3%
2022	53,942	31,543	$9.4bn	23.4%	12.9%	6.9%	29.3%
2023	38,275	21,889	$6.5bn	26.1%	15.0%	6.3%	18.4%
2024	41,983	24,306	$7.0bn	25.4%	14.8%	7.7%	23.6%

Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).

Loan purpose and loan type, 2024

By purpose

Home purchase 56% (13,681)Home improvement 11% (2,632)Refinancing 11% (2,736)Cash-out refinancing 12% (2,996)Other purpose 9% (2,254)

By type

Conventional 77% (18,794)FHA 15% (3,591)VA 8% (1,866)USDA 0% (55)

Counties

County	Applications	Originations	Per 1,000 households	Denial rate	Median spread	Lenders
New Castle County	19,585	11,221	50.1	25.9%	0.4	100
Sussex County	13,692	8,346	78.4	22.1%	0.4	83
Kent County	8,455	4,596	64.3	29.4%	0.4	63

By originations. Lenders: those with at least 25 applications in the county.

VA-guaranteed loans by month

VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Delaware originations by year is charted above from HMDA.

Questions and answers

Which mortgage lenders are most active in Delaware?

By 2024 originations: Rocket Mortgage (1,498), WSFS bank (1,114), Nvr Mortgage Finance, Inc. (1,017), Pike Creek Mortgage Services, Inc. (978), PNC Bank N.A. (865). 164 lenders had at least 25 applications in the state.

What is the mortgage denial rate in Delaware?

25.4% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

How has mortgage lending in Delaware changed since 2018?

Originations went from 26,020 in 2018 to 24,306 in 2024; the denial rate moved from 26.2% to 25.4%.

Where does this data come from?

From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.