New Fed Mortgage · Delaware · 2025

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

New Fed Mortgage took 36 mortgage applications in Delaware in 2025, ranking #142 of 540 lenders active in the state. It originated 77.8% of them and denied 2.8% (3.5% of the applications it decided), against a statewide denial rate of 18.2%.

36Applicationsin DE
3.5%Decision denial ratestate 22.7%
6.31%Median ratestate 6.63%
$320,000Median loanstate $245,000
$8.8MVolume3 counties

New Fed Mortgage in Delaware vs the state

2.8%Denial rate-15.38 pts vs state
3.5%Decision denial rate-19.28 pts vs state
77.8%Origination rate+18.59 pts vs state
6.31%Median rate-0.31 pts vs state
0.24Rate spread (pts)-0.04 pts vs state
$99kMedian applicant income
28Loans originated
1Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202444352.3%6.63%#118
202536282.8%6.31%#142

What New Fed Mortgage lends in Delaware

By loan purpose

Home purchase 23 64% · 0.0% denied
Refinance 2 6% · 0.0% denied
Cash-out refinance 10 28% · 10.0% denied
Home improvement 1 3% · 0.0% denied

By loan type

Conventional 24 67% · 4.2% denied
FHA 10 28% · 0.0% denied
VA 2 6% · 0.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 1 100%

Where in Delaware

Counties with the most New Fed Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 21161 4.8%
New Castle County 1190 0.0%
Kent County 430 0.0%

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: 36 applications in 2025, of which 28 were originated and 1 denied.

2.8% of all applications, or 3.5% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans New Fed Mortgage originated in Delaware in 2025 was 6.31%, against a statewide median of 6.63%.

About this data. Figures are New Fed 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