Lennar Mortgage in Delaware vs the state
8.7%Denial rate-9.43 pts vs state
10.9%Decision denial rate-11.88 pts vs state
71.3%Origination rate+12.08 pts vs state
6.38%Median rate-0.25 pts vs state
0.09Rate spread (pts)-0.18 pts vs state
$110kMedian applicant income
449Loans originated
55Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 342 | 256 | 8.8% | 6.38% | #32 |
| 2024 | 457 | 353 | 7.2% | 6.50% | #29 |
| 2025 | 630 | 449 | 8.7% | 6.38% | #21 |
What Lennar Mortgage lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Lennar Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sussex County | 311 | 229 | 32 | 10.3% |
| New Castle County | 182 | 131 | 15 | 8.2% |
| Kent County | 137 | 89 | 8 | 5.8% |
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: 630 applications in 2025, of which 449 were originated and 55 denied.
8.7% of all applications, or 10.9% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Lennar Mortgage originated in Delaware in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Lennar 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