Pike Creek Mortgage Services · Delaware · 2025

Pike Creek Mortgage Services in Delaware: approval rate, denial rate and rates (2025)

Pike Creek Mortgage Services took 1,383 mortgage applications in Delaware in 2025, ranking #7 of 540 lenders active in the state. It originated 85.0% of them and denied 2.2% (2.6% of the applications it decided), against a statewide denial rate of 18.2%.

1.4kApplicationsin DE
2.6%Decision denial ratestate 22.7%
6.38%Median ratestate 6.63%
$305,000Median loanstate $245,000
$390MVolume3 counties

Pike Creek Mortgage Services in Delaware vs the state

2.2%Denial rate-15.92 pts vs state
2.6%Decision denial rate-20.16 pts vs state
85.0%Origination rate+25.84 pts vs state
6.38%Median rate-0.25 pts vs state
0.22Rate spread (pts)-0.05 pts vs state
$102kMedian applicant income
1,176Loans originated
31Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1049034.4%6.75%#7
20241,1909784.4%6.50%#8
20251,3831,1762.2%6.38%#7

What Pike Creek Mortgage Services lends in Delaware

By loan purpose

Home purchase 1,241 90% · 2.4% denied
Refinance 69 5% · 0.0% denied
Cash-out refinance 21 2% · 0.0% denied
Other / HELOC 52 4% · 1.9% denied

By loan type

Conventional 967 70% · 1.7% denied
FHA 340 25% · 4.1% denied
VA 74 5% · 1.4% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Delaware applicants

Unverifiable information 25 81%
Debt-to-income ratio 3 10%
Other 1 3%
Credit history 1 3%
Collateral 1 3%

Where in Delaware

Counties with the most Pike Creek Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1,02487619 1.9%
Kent County 2341918 3.4%
Sussex County 1251094 3.2%

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%
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%
Pennymac Loan ServicesC 1,05611.7%6.62%

Frequently asked questions

Delaware: 1,383 applications in 2025, of which 1,176 were originated and 31 denied.

2.2% of all applications, or 2.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Pike Creek Mortgage Services originated in Delaware in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Pike Creek Mortgage Services'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