Champions Funding · Delaware · 2025

Champions Funding in Delaware: approval rate, denial rate and rates (2025)

Champions Funding took 34 mortgage applications in Delaware in 2025, ranking #143 of 540 lenders active in the state. It originated 64.7% of them and denied 20.6% (24.1% of the applications it decided), against a statewide denial rate of 18.2%.

34Applicationsin DE
24.1%Decision denial ratestate 22.7%
7.31%Median ratestate 6.63%
$275,000Median loanstate $245,000
$5.7MVolume3 counties

Champions Funding in Delaware vs the state

20.6%Denial rate+2.43 pts vs state
24.1%Decision denial rate+1.41 pts vs state
64.7%Origination rate+5.52 pts vs state
7.31%Median rate+0.69 pts vs state
2.15Rate spread (pts)+1.88 pts vs state
$212kMedian applicant income
22Loans originated
7Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202412725.0%9.25%#228
2025342220.6%7.31%#143

What Champions Funding lends in Delaware

By loan purpose

Home purchase 10 29% · 20.0% denied
Refinance 3 9% · 33.3% denied
Cash-out refinance 21 62% · 19.1% denied

By loan type

Conventional 34 100% · 20.6% denied

Why it denied Delaware applicants

Incomplete application 5 71%
Collateral 1 14%
Credit history 1 14%

Where in Delaware

Counties with the most Champions Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 23162 8.7%
Sussex County 633 50.0%
Kent County 532 40.0%

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: 34 applications in 2025, of which 22 were originated and 7 denied.

20.6% of all applications, or 24.1% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Champions Funding originated in Delaware in 2025 was 7.31%, against a statewide median of 6.63%.

About this data. Figures are Champions Funding'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