Homexpress Mortgage · Delaware · 2025

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

Homexpress Mortgage took 32 mortgage applications in Delaware in 2025, ranking #148 of 540 lenders active in the state. It originated 65.6% of them and denied 34.4% (34.4% of the applications it decided), against a statewide denial rate of 18.2%.

32Applicationsin DE
34.4%Decision denial ratestate 22.7%
8.00%Median ratestate 6.63%
$275,000Median loanstate $245,000
$5.1MVolume3 counties

Homexpress Mortgage in Delaware vs the state

34.4%Denial rate+16.22 pts vs state
34.4%Decision denial rate+11.65 pts vs state
65.6%Origination rate+6.44 pts vs state
8.00%Median rate+1.37 pts vs state
2.43Rate spread (pts)+2.16 pts vs state
$156kMedian applicant income
21Loans originated
11Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191142.1%8.38%#164
2024301450.0%8.50%#152
2025322134.4%8.00%#148

What Homexpress Mortgage lends in Delaware

By loan purpose

Home purchase 11 34% · 9.1% denied
Refinance 3 9% · 100.0% denied
Cash-out refinance 18 56% · 38.9% denied

By loan type

Conventional 32 100% · 34.4% denied

Why it denied Delaware applicants

Credit history 8 73%
Collateral 3 27%

Where in Delaware

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 22139 40.9%
Sussex County 871 12.5%
Kent County 211 50.0%

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: 32 applications in 2025, of which 21 were originated and 11 denied.

34.4% of all applications, or 34.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Homexpress Mortgage originated in Delaware in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are Homexpress 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