Figure Lending · Delaware · 2025

Figure Lending in Delaware: approval rate, denial rate and rates (2025)

Figure Lending took 259 mortgage applications in Delaware in 2025, ranking #45 of 540 lenders active in the state. It originated 46.3% of them and denied 26.6% (28.6% of the applications it decided), against a statewide denial rate of 18.2%.

259Applicationsin DE
28.6%Decision denial ratestate 22.7%
9.78%Median ratestate 6.63%
$65,000Median loanstate $245,000
$9.8MVolume3 counties

Figure Lending in Delaware vs the state

26.6%Denial rate+8.48 pts vs state
28.6%Decision denial rate+5.90 pts vs state
46.3%Origination rate-12.86 pts vs state
9.78%Median rate+3.15 pts vs state
3.25Rate spread (pts)+2.98 pts vs state
$110kMedian applicant income
120Loans originated
69Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241235528.5%10.20%#66
202525912026.6%9.78%#45

What Figure Lending lends in Delaware

By loan purpose

Home improvement 74 29% · 29.7% denied
Other / HELOC 185 71% · 25.4% denied

By loan type

Conventional 259 100% · 26.6% denied

Why it denied Delaware applicants

Incomplete application 33 48%
Debt-to-income ratio 20 29%
Credit history 7 10%
Other 7 10%
Collateral 2 3%

Where in Delaware

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1527242 27.6%
Sussex County 702921 30.0%
Kent County 37196 16.2%

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: 259 applications in 2025, of which 120 were originated and 69 denied.

26.6% of all applications, or 28.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Figure Lending originated in Delaware in 2025 was 9.78%, against a statewide median of 6.63%.

About this data. Figures are Figure Lending'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