Northwest Federal Credit Union · Delaware · 2025

Northwest Federal Credit Union in Delaware: approval rate, denial rate and rates (2025)

Northwest Federal Credit Union took 9 mortgage applications in Delaware in 2025, ranking #251 of 540 lenders active in the state. It originated 66.7% of them and denied 22.2% (25.0% of the applications it decided), against a statewide denial rate of 18.2%.

9Applicationsin DE
25.0%Decision denial ratestate 22.7%
6.88%Median ratestate 6.63%
$75,000Median loanstate $245,000
$1.1MVolume3 counties

Northwest Federal Credit Union in Delaware vs the state

22.2%Denial rate+4.06 pts vs state
25.0%Decision denial rate+2.27 pts vs state
66.7%Origination rate+7.48 pts vs state
6.88%Median rate+0.25 pts vs state
0.36Rate spread (pts)+0.09 pts vs state
$127kMedian applicant income
6Loans originated
2Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023161112.5%7.25%#176
202413623.1%8.00%#209
20259622.2%6.88%#251

What Northwest Federal Credit Union lends in Delaware

By loan purpose

Home purchase 2 22% · 0.0% denied
Cash-out refinance 3 33% · 33.3% denied
Home improvement 4 44% · 25.0% denied

By loan type

Conventional 9 100% · 22.2% denied

Why it denied Delaware applicants

Debt-to-income ratio 2 100%

Where in Delaware

Counties with the most Northwest Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 751 14.3%
Kent County 110 0.0%
New Castle County 101 100.0%

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: 9 applications in 2025, of which 6 were originated and 2 denied.

22.2% of all applications, or 25.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Northwest Federal Credit Union originated in Delaware in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Northwest Federal Credit Union'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