Armed Forces Bank · Delaware · 2025

Armed Forces Bank in Delaware: approval rate, denial rate and rates (2025)

Armed Forces Bank took 8 mortgage applications in Delaware in 2025, ranking #262 of 540 lenders active in the state. It originated 37.5% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 18.2%.

8Applicationsin DE
0.0%Decision denial ratestate 22.7%
6.00%Median ratestate 6.63%
$410,000Median loanstate $245,000
$1.2MVolume3 counties

Armed Forces Bank in Delaware vs the state

0.0%Denial rate-18.16 pts vs state
0.0%Decision denial rate-22.73 pts vs state
37.5%Origination rate-21.69 pts vs state
6.00%Median rate-0.63 pts vs state
-0.49Rate spread (pts)-0.76 pts vs state
$228kMedian applicant income
3Loans originated
0Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024660.0%6.56%#294
2025830.0%6.00%#262

What Armed Forces Bank lends in Delaware

By loan purpose

Home purchase 4 50% · 0.0% denied
Refinance 2 25% · 0.0% denied
Cash-out refinance 2 25% · 0.0% denied

By loan type

VA 8 100% · 0.0% denied

Where in Delaware

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 510 0.0%
Kent County 220 0.0%
Sussex County 100 0.0%

Other large lenders in Delaware

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 2,38115.5%6.88%
Wilmington Savings Fund SocietyB 1,80116.6%7.25%
Citizens BankC 1,63329.3%7.65%
PNC BankD 1,49225.1%7.50%
NVR Mortgage FinanceB 1,41418.7%6.63%
United Shore Financial ServicesB 1,40813.0%6.13%
Pike Creek Mortgage ServicesB 1,3832.2%6.38%
Manufacturers and Traders TrustC 1,33732.5%5.99%
NewrezD 1,12718.4%6.50%
Del-One Federal Credit UnionD 1,07041.3%7.00%

Frequently asked questions

Delaware: 8 applications in 2025, of which 3 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Armed Forces Bank originated in Delaware in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Armed Forces Bank's own HMDA filing for properties located in Delaware, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology