Better Mortgage in Delaware vs the state
25.4%Denial rate+7.20 pts vs state
46.9%Decision denial rate+24.17 pts vs state
28.7%Origination rate-30.48 pts vs state
8.19%Median rate+1.56 pts vs state
1.30Rate spread (pts)+1.03 pts vs state
$152kMedian applicant income
60Loans originated
53Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 59 | 23 | 8.5% | 6.13% | #96 |
| 2024 | 115 | 36 | 13.9% | 6.63% | #70 |
| 2025 | 209 | 60 | 25.4% | 8.19% | #53 |
What Better Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Castle County | 143 | 43 | 36 | 25.2% |
| Sussex County | 43 | 15 | 10 | 23.3% |
| Kent County | 23 | 2 | 7 | 30.4% |
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: 209 applications in 2025, of which 60 were originated and 53 denied.
25.4% of all applications, or 46.9% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Better Mortgage originated in Delaware in 2025 was 8.19%, against a statewide median of 6.63%.
About this data. Figures are Better 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