Planet Home Lending · Delaware · 2025

Planet Home Lending in Delaware: approval rate, denial rate and rates (2025)

Planet Home Lending took 43 mortgage applications in Delaware in 2025, ranking #129 of 540 lenders active in the state. It originated 72.1% of them and denied 16.3% (18.4% of the applications it decided), against a statewide denial rate of 18.2%.

43Applicationsin DE
18.4%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$305,000Median loanstate $245,000
$10MVolume3 counties

Planet Home Lending in Delaware vs the state

16.3%Denial rate-1.88 pts vs state
18.4%Decision denial rate-4.31 pts vs state
72.1%Origination rate+12.90 pts vs state
6.25%Median rate-0.38 pts vs state
0.11Rate spread (pts)-0.16 pts vs state
$118kMedian applicant income
31Loans originated
7Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312641.7%6.00%#202
202432266.3%5.99%#142
2025433116.3%6.25%#129

What Planet Home Lending lends in Delaware

By loan purpose

Refinance 25 58% · 8.0% denied
Cash-out refinance 9 21% · 11.1% denied
Home improvement 2 5% · 100.0% denied
Other / HELOC 7 16% · 28.6% denied

By loan type

Conventional 10 23% · 40.0% denied
FHA 20 47% · 15.0% denied
VA 13 30% · 0.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 2 29%
Collateral 2 29%
Incomplete application 1 14%
Other 1 14%
Credit history 1 14%

Where in Delaware

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kent County 19144 21.1%
New Castle County 14111 7.1%
Sussex County 1062 20.0%

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: 43 applications in 2025, of which 31 were originated and 7 denied.

16.3% of all applications, or 18.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Planet Home Lending originated in Delaware in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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