Primary Residential Mortgage · Delaware · 2025

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

Primary Residential Mortgage took 287 mortgage applications in Delaware in 2025, ranking #41 of 540 lenders active in the state. It originated 77.7% of them and denied 5.2% (6.3% of the applications it decided), against a statewide denial rate of 18.2%.

287Applicationsin DE
6.3%Decision denial ratestate 22.7%
6.38%Median ratestate 6.63%
$255,000Median loanstate $245,000
$50MVolume3 counties

Primary Residential Mortgage in Delaware vs the state

5.2%Denial rate-12.93 pts vs state
6.3%Decision denial rate-16.43 pts vs state
77.7%Origination rate+18.51 pts vs state
6.38%Median rate-0.25 pts vs state
0.12Rate spread (pts)-0.16 pts vs state
$76kMedian applicant income
223Loans originated
15Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232631883.8%6.75%#39
20242722173.7%6.50%#40
20252872235.2%6.38%#41

What Primary Residential Mortgage lends in Delaware

By loan purpose

Home purchase 259 90% · 5.4% denied
Refinance 18 6% · 5.6% denied
Cash-out refinance 10 3% · 0.0% denied

By loan type

Conventional 164 57% · 3.1% denied
FHA 96 33% · 10.4% denied
VA 27 9% · 0.0% denied

Why it denied Delaware applicants

Collateral 7 47%
Debt-to-income ratio 5 33%
Credit history 1 7%
Unverifiable information 1 7%
Insufficient cash 1 7%

Where in Delaware

Counties with the most Primary Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1541235 3.2%
Kent County 97749 9.3%
Sussex County 36261 2.8%

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: 287 applications in 2025, of which 223 were originated and 15 denied.

5.2% of all applications, or 6.3% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

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

About this data. Figures are Primary Residential 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