NFM · Delaware · 2025

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

NFM took 120 mortgage applications in Delaware in 2025, ranking #74 of 540 lenders active in the state. It originated 79.2% of them and denied 0.8% (1.0% of the applications it decided), against a statewide denial rate of 18.2%.

120Applicationsin DE
1.0%Decision denial ratestate 22.7%
6.63%Median ratestate 6.63%
$315,000Median loanstate $245,000
$34MVolume3 counties

NFM in Delaware vs the state

0.8%Denial rate-17.33 pts vs state
1.0%Decision denial rate-21.69 pts vs state
79.2%Origination rate+19.98 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.12 pts vs state
$105kMedian applicant income
95Loans originated
1Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233903171.8%6.63%#29
2024115922.6%6.99%#68
2025120950.8%6.63%#74

What NFM lends in Delaware

By loan purpose

Home purchase 100 83% · 1.0% denied
Refinance 13 11% · 0.0% denied
Cash-out refinance 3 3% · 0.0% denied
Other / HELOC 4 3% · 0.0% denied

By loan type

Conventional 77 64% · 0.0% denied
FHA 27 23% · 3.7% denied
VA 16 13% · 0.0% denied

Why it denied Delaware applicants

Insufficient cash 1 100%

Where in Delaware

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 59510 0.0%
Kent County 37281 2.7%
New Castle County 24160 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: 120 applications in 2025, of which 95 were originated and 1 denied.

0.8% of all applications, or 1.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

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

About this data. Figures are NFM'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