Mortgage Research Center in Delaware vs the state
21.7%Denial rate+3.51 pts vs state
37.0%Decision denial rate+14.24 pts vs state
36.6%Origination rate-22.60 pts vs state
6.13%Median rate-0.50 pts vs state
-0.30Rate spread (pts)-0.57 pts vs state
$98kMedian applicant income
206Loans originated
122Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 393 | 181 | 14.5% | 6.75% | #28 |
| 2024 | 481 | 216 | 19.8% | 6.25% | #26 |
| 2025 | 563 | 206 | 21.7% | 6.13% | #23 |
What Mortgage Research Center lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Castle County | 212 | 78 | 50 | 23.6% |
| Kent County | 208 | 80 | 43 | 20.7% |
| Sussex County | 143 | 48 | 29 | 20.3% |
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: 563 applications in 2025, of which 206 were originated and 122 denied.
21.7% of all applications, or 37.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Mortgage Research Center originated in Delaware in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Mortgage Research Center'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