Police & Fire · Delaware · 2025

Police & Fire in Delaware: approval rate, denial rate and rates (2025)

Police & Fire took 245 mortgage applications in Delaware in 2025, ranking #49 of 540 lenders active in the state. It originated 41.6% of them and denied 42.5% (50.2% of the applications it decided), against a statewide denial rate of 18.2%.

245Applicationsin DE
50.2%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$65,000Median loanstate $245,000
$15MVolume3 counties

Police & Fire in Delaware vs the state

42.5%Denial rate+24.29 pts vs state
50.2%Decision denial rate+27.51 pts vs state
41.6%Origination rate-17.56 pts vs state
6.25%Median rate-0.38 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$114kMedian applicant income
102Loans originated
104Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325111839.8%6.49%#43
202424610545.1%6.74%#43
202524510242.5%6.25%#49

What Police & Fire lends in Delaware

By loan purpose

Home purchase 8 3% · 12.5% denied
Refinance 14 6% · 21.4% denied
Cash-out refinance 147 60% · 46.3% denied
Home improvement 76 31% · 42.1% denied

By loan type

Conventional 245 100% · 42.5% denied

Why it denied Delaware applicants

Debt-to-income ratio 54 52%
Credit history 35 34%
Collateral 13 13%
Other 1 1%
Employment history 1 1%

Where in Delaware

Counties with the most Police & Fire applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1807972 40.0%
Kent County 40923 57.5%
Sussex County 25149 36.0%

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: 245 applications in 2025, of which 102 were originated and 104 denied.

42.5% of all applications, or 50.2% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Police & Fire originated in Delaware in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Police & Fire'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