Broker Solutions · Delaware · 2025

Broker Solutions in Delaware: approval rate, denial rate and rates (2025)

Broker Solutions took 661 mortgage applications in Delaware in 2025, ranking #20 of 540 lenders active in the state. It originated 31.2% of them and denied 12.7% (28.6% of the applications it decided), against a statewide denial rate of 18.2%.

661Applicationsin DE
28.6%Decision denial ratestate 22.7%
6.75%Median ratestate 6.63%
$265,000Median loanstate $245,000
$64MVolume3 counties

Broker Solutions in Delaware vs the state

12.7%Denial rate-5.45 pts vs state
28.6%Decision denial rate+5.84 pts vs state
31.2%Origination rate-28.03 pts vs state
6.75%Median rate+0.13 pts vs state
0.73Rate spread (pts)+0.46 pts vs state
$89kMedian applicant income
206Loans originated
84Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233179511.4%6.88%#34
202458217212.5%6.75%#22
202566120612.7%6.75%#20

What Broker Solutions lends in Delaware

By loan purpose

Home purchase 196 30% · 4.1% denied
Refinance 74 11% · 8.1% denied
Cash-out refinance 275 42% · 12.7% denied
Home improvement 43 7% · 4.7% denied
Other / HELOC 73 11% · 45.2% denied

By loan type

Conventional 310 47% · 6.8% denied
FHA 307 46% · 19.5% denied
VA 44 7% · 6.8% denied

Why it denied Delaware applicants

Credit history 46 55%
Collateral 16 19%
Debt-to-income ratio 6 7%
Incomplete application 6 7%
Other 6 7%
Unverifiable information 3 4%
Insufficient cash 1 1%

Where in Delaware

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 31610435 11.1%
Sussex County 1955527 13.8%
Kent County 1504722 14.7%

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: 661 applications in 2025, of which 206 were originated and 84 denied.

12.7% of all applications, or 28.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Broker Solutions originated in Delaware in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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