Deephaven Mortgage · Delaware · 2025

Deephaven Mortgage in Delaware: approval rate, denial rate and rates (2025)

Deephaven Mortgage took 62 mortgage applications in Delaware in 2025, ranking #105 of 540 lenders active in the state. It originated 59.7% of them and denied 19.4% (24.0% of the applications it decided), against a statewide denial rate of 18.2%.

62Applicationsin DE
24.0%Decision denial ratestate 22.7%
7.25%Median ratestate 6.63%
$215,000Median loanstate $245,000
$8.3MVolume3 counties

Deephaven Mortgage in Delaware vs the state

19.4%Denial rate+1.19 pts vs state
24.0%Decision denial rate+1.27 pts vs state
59.7%Origination rate+0.49 pts vs state
7.25%Median rate+0.63 pts vs state
4.03Rate spread (pts)+3.76 pts vs state
$279kMedian applicant income
37Loans originated
12Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251328.0%8.88%#145
2024643240.6%7.69%#98
2025623719.4%7.25%#105

What Deephaven Mortgage lends in Delaware

By loan purpose

Home purchase 16 26% · 25.0% denied
Refinance 4 6% · 0.0% denied
Cash-out refinance 14 23% · 14.3% denied
Home improvement 25 40% · 20.0% denied
Other / HELOC 3 5% · 33.3% denied

By loan type

Conventional 62 100% · 19.4% denied

Why it denied Delaware applicants

Unverifiable information 9 75%
Incomplete application 1 8%
Debt-to-income ratio 1 8%
Collateral 1 8%

Where in Delaware

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 40218 20.0%
Sussex County 17124 23.5%
Kent County 540 0.0%

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: 62 applications in 2025, of which 37 were originated and 12 denied.

19.4% of all applications, or 24.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Deephaven Mortgage originated in Delaware in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Deephaven 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