Franklin Mint · Delaware · 2025

Franklin Mint in Delaware: approval rate, denial rate and rates (2025)

Franklin Mint took 160 mortgage applications in Delaware in 2025, ranking #61 of 540 lenders active in the state. It originated 51.3% of them and denied 24.4% (31.5% of the applications it decided), against a statewide denial rate of 18.2%.

160Applicationsin DE
31.5%Decision denial ratestate 22.7%
4.99%Median ratestate 6.63%
$75,000Median loanstate $245,000
$9.1MVolume3 counties

Franklin Mint in Delaware vs the state

24.4%Denial rate+6.22 pts vs state
31.5%Decision denial rate+8.72 pts vs state
51.3%Origination rate-7.94 pts vs state
4.99%Median rate-1.63 pts vs state
-2.23Rate spread (pts)-2.50 pts vs state
$126kMedian applicant income
82Loans originated
39Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231909532.6%2.99%#51
20241487831.1%7.99%#58
20251608224.4%4.99%#61

What Franklin Mint lends in Delaware

By loan purpose

Home purchase 8 5% · 37.5% denied
Refinance 38 24% · 15.8% denied
Cash-out refinance 5 3% · 40.0% denied
Home improvement 71 44% · 26.8% denied
Other / HELOC 38 24% · 23.7% denied

By loan type

Conventional 160 100% · 24.4% denied

Why it denied Delaware applicants

Credit history 14 36%
Incomplete application 9 23%
Debt-to-income ratio 7 18%
Collateral 4 10%
Insufficient cash 3 8%
Other 2 5%

Where in Delaware

Counties with the most Franklin Mint applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1437334 23.8%
Sussex County 1061 10.0%
Kent County 734 57.1%

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: 160 applications in 2025, of which 82 were originated and 39 denied.

24.4% of all applications, or 31.5% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Franklin Mint originated in Delaware in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Franklin Mint'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