Keystone Funding · Delaware · 2025

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

Keystone Funding took 692 mortgage applications in Delaware in 2025, ranking #19 of 540 lenders active in the state. It originated 84.7% of them and denied 4.5% (4.5% of the applications it decided), against a statewide denial rate of 18.2%.

692Applicationsin DE
4.5%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$315,000Median loanstate $245,000
$198MVolume3 counties

Keystone Funding in Delaware vs the state

4.5%Denial rate-13.68 pts vs state
4.5%Decision denial rate-18.25 pts vs state
84.7%Origination rate+25.49 pts vs state
6.25%Median rate-0.38 pts vs state
0.21Rate spread (pts)-0.06 pts vs state
$89kMedian applicant income
586Loans originated
31Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232752216.2%6.63%#37
20245244345.2%6.38%#24
20256925864.5%6.25%#19

What Keystone Funding lends in Delaware

By loan purpose

Home purchase 633 91% · 4.6% denied
Refinance 40 6% · 2.5% denied
Cash-out refinance 19 3% · 5.3% denied

By loan type

Conventional 335 48% · 2.7% denied
FHA 260 38% · 8.5% denied
VA 94 14% · 0.0% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 12 39%
Credit history 8 26%
Collateral 6 19%
Unverifiable information 2 6%
Employment history 2 6%
Insufficient cash 1 3%

Where in Delaware

Counties with the most Keystone Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 2552196 2.4%
Kent County 24121010 4.1%
Sussex County 17213513 7.6%

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: 692 applications in 2025, of which 586 were originated and 31 denied.

4.5% of all applications, or 4.5% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Keystone Funding originated in Delaware in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Keystone Funding'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