Bank of America in Delaware vs the state
29.4%Denial rate+11.25 pts vs state
38.0%Decision denial rate+15.24 pts vs state
47.3%Origination rate-11.85 pts vs state
6.24%Median rate-0.38 pts vs state
0.63Rate spread (pts)+0.36 pts vs state
$113kMedian applicant income
338Loans originated
210Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 808 | 349 | 44.3% | 6.99% | #11 |
| 2024 | 732 | 315 | 36.9% | 6.99% | #17 |
| 2025 | 714 | 338 | 29.4% | 6.24% | #18 |
What Bank of America lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Castle County | 431 | 213 | 135 | 31.3% |
| Sussex County | 210 | 96 | 50 | 23.8% |
| Kent County | 73 | 29 | 25 | 34.2% |
Other large lenders in Delaware
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 2,381 | 15.5% | 6.88% |
| Wilmington Savings Fund Society | B | 1,801 | 16.6% | 7.25% |
| Citizens Bank | C | 1,633 | 29.3% | 7.65% |
| PNC Bank | D | 1,492 | 25.1% | 7.50% |
| NVR Mortgage Finance | B | 1,414 | 18.7% | 6.63% |
| United Shore Financial Services | B | 1,408 | 13.0% | 6.13% |
| Pike Creek Mortgage Services | B | 1,383 | 2.2% | 6.38% |
| Manufacturers and Traders Trust | C | 1,337 | 32.5% | 5.99% |
| Newrez | D | 1,127 | 18.4% | 6.50% |
| Del-One Federal Credit Union | D | 1,070 | 41.3% | 7.00% |
Frequently asked questions
Delaware: 714 applications in 2025, of which 338 were originated and 210 denied.
29.4% of all applications, or 38.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Bank of America originated in Delaware in 2025 was 6.24%, against a statewide median of 6.63%.
About this data. Figures are Bank of America'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