Farmers Bank & Trust · Delaware · 2025

Farmers Bank & Trust in Delaware: approval rate, denial rate and rates (2025)

Farmers Bank & Trust took 15 mortgage applications in Delaware in 2025, ranking #206 of 540 lenders active in the state. It originated 40.0% of them and denied 6.7% (14.3% of the applications it decided), against a statewide denial rate of 18.2%.

15Applicationsin DE
14.3%Decision denial ratestate 22.7%
6.44%Median ratestate 6.63%
$425,000Median loanstate $245,000
$2.9MVolume2 counties

Farmers Bank & Trust in Delaware vs the state

6.7%Denial rate-11.49 pts vs state
14.3%Decision denial rate-8.44 pts vs state
40.0%Origination rate-19.19 pts vs state
6.44%Median rate-0.19 pts vs state
-0.11Rate spread (pts)-0.38 pts vs state
$204kMedian applicant income
6Loans originated
1Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231477.1%5.99%#186
202420715.0%5.63%#178
20251566.7%6.44%#206

What Farmers Bank & Trust lends in Delaware

By loan purpose

Home purchase 7 47% · 0.0% denied
Refinance 4 27% · 25.0% denied
Cash-out refinance 4 27% · 0.0% denied

By loan type

Conventional 15 100% · 6.7% denied

Why it denied Delaware applicants

Debt-to-income ratio 1 100%

Where in Delaware

Counties with the most Farmers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 821 12.5%
Sussex County 740 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: 15 applications in 2025, of which 6 were originated and 1 denied.

6.7% of all applications, or 14.3% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Farmers Bank & Trust originated in Delaware in 2025 was 6.44%, against a statewide median of 6.63%.

About this data. Figures are Farmers Bank & Trust'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