Bay Capital Mortgage in Delaware vs the state
6.7%Denial rate-11.49 pts vs state
7.7%Decision denial rate-15.04 pts vs state
80.0%Origination rate+20.81 pts vs state
6.43%Median rate-0.19 pts vs state
0.38Rate spread (pts)+0.11 pts vs state
$101kMedian applicant income
12Loans originated
1Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6 | 4 | 0.0% | 6.69% | #284 |
| 2024 | 12 | 11 | 8.3% | 6.50% | #221 |
| 2025 | 15 | 12 | 6.7% | 6.43% | #202 |
What Bay Capital Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Bay Capital Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sussex County | 12 | 9 | 1 | 8.3% |
| Kent County | 2 | 2 | 0 | 0.0% |
| New Castle County | 1 | 1 | 0 | 0.0% |
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: 15 applications in 2025, of which 12 were originated and 1 denied.
6.7% of all applications, or 7.7% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Bay Capital Mortgage originated in Delaware in 2025 was 6.43%, against a statewide median of 6.63%.
About this data. Figures are Bay Capital Mortgage'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