Citadel Federal Credit Union · Delaware · 2025

Citadel Federal Credit Union in Delaware: approval rate, denial rate and rates (2025)

Citadel Federal Credit Union took 177 mortgage applications in Delaware in 2025, ranking #57 of 540 lenders active in the state. It originated 36.7% of them and denied 30.5% (43.9% of the applications it decided), against a statewide denial rate of 18.2%.

177Applicationsin DE
43.9%Decision denial ratestate 22.7%
6.63%Median ratestate 6.63%
$85,000Median loanstate $245,000
$8.3MVolume3 counties

Citadel Federal Credit Union in Delaware vs the state

30.5%Denial rate+12.35 pts vs state
43.9%Decision denial rate+21.17 pts vs state
36.7%Origination rate-22.47 pts vs state
6.63%Median rate0.00 pts vs state
0.79Rate spread (pts)+0.52 pts vs state
$115kMedian applicant income
65Loans originated
54Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231698337.3%6.00%#56
20241477235.4%5.93%#59
20251776530.5%6.63%#57

What Citadel Federal Credit Union lends in Delaware

By loan purpose

Home purchase 13 7% · 0.0% denied
Refinance 8 5% · 25.0% denied
Cash-out refinance 32 18% · 12.5% denied
Home improvement 24 14% · 20.8% denied
Other / HELOC 100 56% · 43.0% denied

By loan type

Conventional 177 100% · 30.5% denied

Why it denied Delaware applicants

Credit history 25 46%
Other 9 17%
Collateral 7 13%
Debt-to-income ratio 5 9%
Incomplete application 4 7%
Employment history 3 6%
Unverifiable information 1 2%

Where in Delaware

Counties with the most Citadel Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1425041 28.9%
Sussex County 21106 28.6%
Kent County 1457 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: 177 applications in 2025, of which 65 were originated and 54 denied.

30.5% of all applications, or 43.9% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Citadel Federal Credit Union originated in Delaware in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Citadel Federal Credit Union'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