KeyBank · Delaware · 2025

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

KeyBank took 6 mortgage applications in Delaware in 2025, ranking #300 of 540 lenders active in the state. It originated 16.7% of them and denied 33.3% (66.7% of the applications it decided), against a statewide denial rate of 18.2%.

6Applicationsin DE
66.7%Decision denial ratestate 22.7%
7.38%Median ratestate 6.63%
$420,000Median loanstate $245,000
$445kVolume2 counties

KeyBank in Delaware vs the state

33.3%Denial rate+15.17 pts vs state
66.7%Decision denial rate+43.94 pts vs state
16.7%Origination rate-42.52 pts vs state
7.38%Median rate+0.75 pts vs state
0.46Rate spread (pts)+0.19 pts vs state
$97kMedian applicant income
1Loans originated
2Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236133.3%5.00%#273
20256133.3%7.38%#300

What KeyBank lends in Delaware

By loan purpose

Home purchase 2 33% · 0.0% denied
Refinance 3 50% · 33.3% denied
Other / HELOC 1 17% · 100.0% denied

By loan type

Conventional 6 100% · 33.3% denied

Why it denied Delaware applicants

Other 1 50%
Debt-to-income ratio 1 50%

Where in Delaware

Counties with the most KeyBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 511 20.0%
Sussex County 101 100.0%

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 1 were originated and 2 denied.

33.3% of all applications, or 66.7% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans KeyBank originated in Delaware in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are KeyBank'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