Freedom · Delaware · 2025

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

Freedom took 6 mortgage applications in Delaware in 2025, ranking #293 of 540 lenders active in the state. It originated 50.0% of them and denied 50.0% (50.0% of the applications it decided), against a statewide denial rate of 18.2%.

6Applicationsin DE
50.0%Decision denial ratestate 22.7%
6.38%Median ratestate 6.63%
$90,000Median loanstate $245,000
$655kVolume2 counties

Freedom in Delaware vs the state

50.0%Denial rate+31.84 pts vs state
50.0%Decision denial rate+27.27 pts vs state
50.0%Origination rate-9.19 pts vs state
6.38%Median rate-0.25 pts vs state
0.07Rate spread (pts)-0.20 pts vs state
$117kMedian applicant income
3Loans originated
3Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312741.7%6.25%#209
2024191331.6%6.38%#182
20256350.0%6.38%#293

What Freedom lends in Delaware

By loan purpose

Home purchase 2 33% · 0.0% denied
Refinance 1 17% · 0.0% denied
Home improvement 2 33% · 100.0% denied
Other / HELOC 1 17% · 100.0% denied

By loan type

Conventional 6 100% · 50.0% denied

Why it denied Delaware applicants

Credit history 1 33%
Collateral 1 33%
Other 1 33%

Where in Delaware

Counties with the most Freedom applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 431 25.0%
Kent County 202 100.0%

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: 6 applications in 2025, of which 3 were originated and 3 denied.

50.0% of all applications, or 50.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Freedom originated in Delaware in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Freedom'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