Burke & Herbert Bank & Trust · Delaware · 2025

Burke & Herbert Bank & Trust in Delaware: approval rate, denial rate and rates (2025)

Burke & Herbert Bank & Trust took 9 mortgage applications in Delaware in 2025, ranking #253 of 540 lenders active in the state. It originated 66.7% of them and denied 11.1% (14.3% of the applications it decided), against a statewide denial rate of 18.2%.

9Applicationsin DE
14.3%Decision denial ratestate 22.7%
7.88%Median ratestate 6.63%
$295,000Median loanstate $245,000
$3.3MVolume2 counties

Burke & Herbert Bank & Trust in Delaware vs the state

11.1%Denial rate-7.05 pts vs state
14.3%Decision denial rate-8.44 pts vs state
66.7%Origination rate+7.48 pts vs state
7.88%Median rate+1.25 pts vs state
0.71Rate spread (pts)+0.44 pts vs state
$170kMedian applicant income
6Loans originated
1Denied

What Burke & Herbert Bank & Trust lends in Delaware

By loan purpose

Home purchase 2 22% · 0.0% denied
Refinance 1 11% · 0.0% denied
Cash-out refinance 1 11% · 0.0% denied
Home improvement 2 22% · 50.0% denied
Other / HELOC 3 33% · 0.0% denied

By loan type

Conventional 9 100% · 11.1% denied

Why it denied Delaware applicants

Debt-to-income ratio 1 100%

Where in Delaware

Counties with the most Burke & Herbert Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 750 0.0%
Kent County 211 50.0%

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: 9 applications in 2025, of which 6 were originated and 1 denied.

11.1% of all applications, or 14.3% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Burke & Herbert Bank & Trust originated in Delaware in 2025 was 7.88%, against a statewide median of 6.63%.

About this data. Figures are Burke & Herbert Bank & Trust'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