Embrace Home Loans · Delaware · 2025

Embrace Home Loans in Delaware: approval rate, denial rate and rates (2025)

Embrace Home Loans took 282 mortgage applications in Delaware in 2025, ranking #42 of 540 lenders active in the state. It originated 76.2% of them and denied 5.7% (6.6% of the applications it decided), against a statewide denial rate of 18.2%.

282Applicationsin DE
6.6%Decision denial ratestate 22.7%
6.63%Median ratestate 6.63%
$345,000Median loanstate $245,000
$80MVolume3 counties

Embrace Home Loans in Delaware vs the state

5.7%Denial rate-12.49 pts vs state
6.6%Decision denial rate-16.12 pts vs state
76.2%Origination rate+17.05 pts vs state
6.63%Median rate0.00 pts vs state
0.29Rate spread (pts)+0.02 pts vs state
$120kMedian applicant income
215Loans originated
16Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231358114.8%6.50%#65
2024131962.3%6.63%#63
20252822155.7%6.63%#42

What Embrace Home Loans lends in Delaware

By loan purpose

Home purchase 244 87% · 4.1% denied
Refinance 22 8% · 9.1% denied
Cash-out refinance 15 5% · 26.7% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 198 70% · 3.5% denied
FHA 59 21% · 13.6% denied
VA 24 9% · 4.2% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 6 38%
Collateral 3 19%
Credit history 3 19%
Other 2 13%
Insufficient cash 2 13%

Where in Delaware

Counties with the most Embrace Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 1891507 3.7%
New Castle County 60463 5.0%
Kent County 33196 18.2%

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: 282 applications in 2025, of which 215 were originated and 16 denied.

5.7% of all applications, or 6.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Embrace Home Loans originated in Delaware in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Embrace Home Loans'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