Educational Systems · Delaware · 2025

Educational Systems in Delaware: approval rate, denial rate and rates (2025)

Educational Systems took 16 mortgage applications in Delaware in 2025, ranking #198 of 540 lenders active in the state. It originated 31.3% of them and denied 50.0% (61.5% of the applications it decided), against a statewide denial rate of 18.2%.

16Applicationsin DE
61.5%Decision denial ratestate 22.7%
3.49%Median ratestate 6.63%
$65,000Median loanstate $245,000
$375kVolume3 counties

Educational Systems in Delaware vs the state

50.0%Denial rate+31.84 pts vs state
61.5%Decision denial rate+38.81 pts vs state
31.3%Origination rate-27.94 pts vs state
3.49%Median rate-3.14 pts vs state
-3.53Rate spread (pts)-3.80 pts vs state
$116kMedian applicant income
5Loans originated
8Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312641.7%6.31%#203
2024540.0%4.99%#318
202516550.0%3.49%#198

What Educational Systems lends in Delaware

By loan purpose

Home purchase 2 13% · 50.0% denied
Refinance 2 13% · 50.0% denied
Cash-out refinance 1 6% · 100.0% denied
Home improvement 6 38% · 16.7% denied
Other / HELOC 5 31% · 80.0% denied

By loan type

Conventional 16 100% · 50.0% denied

Why it denied Delaware applicants

Credit history 3 38%
Other 3 38%
Debt-to-income ratio 2 25%

Where in Delaware

Counties with the most Educational Systems applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 1356 46.2%
New Castle County 201 50.0%
Kent County 101 100.0%

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: 16 applications in 2025, of which 5 were originated and 8 denied.

50.0% of all applications, or 61.5% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Educational Systems originated in Delaware in 2025 was 3.49%, against a statewide median of 6.63%.

About this data. Figures are Educational Systems'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