Freedom Mortgage in Delaware vs the state
8.2%Denial rate-9.95 pts vs state
14.4%Decision denial rate-8.32 pts vs state
41.3%Origination rate-17.90 pts vs state
6.19%Median rate-0.44 pts vs state
0.09Rate spread (pts)-0.18 pts vs state
$92kMedian applicant income
332Loans originated
66Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 261 | 93 | 17.2% | 6.75% | #41 |
| 2024 | 644 | 276 | 9.5% | 6.25% | #20 |
| 2025 | 804 | 332 | 8.2% | 6.19% | #13 |
What Freedom Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Castle County | 341 | 140 | 27 | 7.9% |
| Kent County | 277 | 118 | 13 | 4.7% |
| Sussex County | 186 | 74 | 26 | 14.0% |
Other large lenders in Delaware
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 2,381 | 15.5% | 6.88% |
| Wilmington Savings Fund Society | B | 1,801 | 16.6% | 7.25% |
| Citizens Bank | C | 1,633 | 29.3% | 7.65% |
| PNC Bank | D | 1,492 | 25.1% | 7.50% |
| NVR Mortgage Finance | B | 1,414 | 18.7% | 6.63% |
| United Shore Financial Services | B | 1,408 | 13.0% | 6.13% |
| Pike Creek Mortgage Services | B | 1,383 | 2.2% | 6.38% |
| Manufacturers and Traders Trust | C | 1,337 | 32.5% | 5.99% |
| Newrez | D | 1,127 | 18.4% | 6.50% |
| Del-One Federal Credit Union | D | 1,070 | 41.3% | 7.00% |
Frequently asked questions
Delaware: 804 applications in 2025, of which 332 were originated and 66 denied.
8.2% of all applications, or 14.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Freedom Mortgage originated in Delaware in 2025 was 6.19%, against a statewide median of 6.63%.
About this data. Figures are Freedom Mortgage'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