Commerce Home Mortgage in Delaware vs the state
8.7%Denial rate-9.46 pts vs state
13.3%Decision denial rate-9.40 pts vs state
56.5%Origination rate-2.67 pts vs state
7.38%Median rate+0.75 pts vs state
1.03Rate spread (pts)+0.76 pts vs state
$186kMedian applicant income
13Loans originated
2Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 10 | 11.1% | 8.50% | #166 |
| 2024 | 9 | 6 | 0.0% | 7.50% | #253 |
| 2025 | 23 | 13 | 8.7% | 7.38% | #174 |
What Commerce Home Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sussex County | 12 | 6 | 1 | 8.3% |
| New Castle County | 7 | 5 | 0 | 0.0% |
| Kent County | 4 | 2 | 1 | 25.0% |
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: 23 applications in 2025, of which 13 were originated and 2 denied.
8.7% of all applications, or 13.3% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Commerce Home Mortgage originated in Delaware in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Commerce Home 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