PHH Mortgage · Delaware · 2025

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

PHH Mortgage took 97 mortgage applications in Delaware in 2025, ranking #87 of 540 lenders active in the state. It originated 40.2% of them and denied 8.3% (16.7% of the applications it decided), against a statewide denial rate of 18.2%.

97Applicationsin DE
16.7%Decision denial ratestate 22.7%
6.13%Median ratestate 6.63%
$265,000Median loanstate $245,000
$11MVolume3 counties

PHH Mortgage in Delaware vs the state

8.3%Denial rate-9.91 pts vs state
16.7%Decision denial rate-6.06 pts vs state
40.2%Origination rate-18.98 pts vs state
6.13%Median rate-0.50 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$87kMedian applicant income
39Loans originated
8Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023391515.4%7.16%#120
2024712511.3%6.76%#91
202597398.3%6.13%#87

What PHH Mortgage lends in Delaware

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 49 51% · 8.2% denied
Cash-out refinance 46 47% · 8.7% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 47 48% · 4.3% denied
FHA 34 35% · 11.8% denied
VA 16 16% · 12.5% denied

Why it denied Delaware applicants

Collateral 3 38%
Credit history 2 25%
Debt-to-income ratio 1 13%
Insufficient cash 1 13%
Other 1 13%

Where in Delaware

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 40134 10.0%
Sussex County 36154 11.1%
Kent County 21110 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: 97 applications in 2025, of which 39 were originated and 8 denied.

8.3% of all applications, or 16.7% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans PHH Mortgage originated in Delaware in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are PHH 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