Pentagon Federal Credit Union · Delaware · 2025

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

Pentagon Federal Credit Union took 126 mortgage applications in Delaware in 2025, ranking #72 of 540 lenders active in the state. It originated 48.4% of them and denied 31.8% (38.8% of the applications it decided), against a statewide denial rate of 18.2%.

126Applicationsin DE
38.8%Decision denial ratestate 22.7%
7.13%Median ratestate 6.63%
$220,000Median loanstate $245,000
$18MVolume3 counties

Pentagon Federal Credit Union in Delaware vs the state

31.8%Denial rate+13.59 pts vs state
38.8%Decision denial rate+16.10 pts vs state
48.4%Origination rate-10.78 pts vs state
7.13%Median rate+0.50 pts vs state
0.20Rate spread (pts)-0.08 pts vs state
$146kMedian applicant income
61Loans originated
40Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232098632.5%6.88%#47
20241837042.1%8.50%#52
20251266131.8%7.13%#72

What Pentagon Federal Credit Union lends in Delaware

By loan purpose

Home purchase 38 30% · 23.7% denied
Refinance 23 18% · 26.1% denied
Cash-out refinance 6 5% · 50.0% denied
Home improvement 40 32% · 45.0% denied
Other / HELOC 19 15% · 21.1% denied

By loan type

Conventional 103 82% · 31.1% denied
FHA 7 6% · 71.4% denied
VA 16 13% · 18.8% denied

Why it denied Delaware applicants

Debt-to-income ratio 11 28%
Other 9 23%
Credit history 8 20%
Collateral 8 20%
Insufficient cash 3 8%
Unverifiable information 1 3%

Where in Delaware

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

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 623018 29.0%
Sussex County 502316 32.0%
Kent County 1486 42.9%

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: 126 applications in 2025, of which 61 were originated and 40 denied.

31.8% of all applications, or 38.8% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Pentagon Federal Credit Union originated in Delaware in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Pentagon 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