Flagstar Bank · Delaware · 2025

Flagstar Bank in Delaware: approval rate, denial rate and rates (2025)

Flagstar Bank took 14 mortgage applications in Delaware in 2025, ranking #208 of 540 lenders active in the state. It originated 28.6% of them and denied 42.9% (60.0% of the applications it decided), against a statewide denial rate of 18.2%.

14Applicationsin DE
60.0%Decision denial ratestate 22.7%
8.06%Median ratestate 6.63%
$205,000Median loanstate $245,000
$710kVolume3 counties

Flagstar Bank in Delaware vs the state

42.9%Denial rate+24.70 pts vs state
60.0%Decision denial rate+37.27 pts vs state
28.6%Origination rate-30.62 pts vs state
8.06%Median rate+1.43 pts vs state
1.31Rate spread (pts)+1.04 pts vs state
$92kMedian applicant income
4Loans originated
6Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023734017.8%7.13%#90
2024965225.0%6.73%#79
202514442.9%8.06%#208

What Flagstar Bank lends in Delaware

By loan purpose

Home purchase 4 29% · 50.0% denied
Refinance 1 7% · 100.0% denied
Cash-out refinance 9 64% · 33.3% denied

By loan type

Conventional 10 71% · 50.0% denied
FHA 4 29% · 25.0% denied

Why it denied Delaware applicants

Incomplete application 4 67%
Debt-to-income ratio 2 33%

Where in Delaware

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 732 28.6%
Kent County 402 50.0%
New Castle County 312 66.7%

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: 14 applications in 2025, of which 4 were originated and 6 denied.

42.9% of all applications, or 60.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Flagstar Bank originated in Delaware in 2025 was 8.06%, against a statewide median of 6.63%.

About this data. Figures are Flagstar Bank'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