RCN Capital in Delaware vs the state
35.7%Denial rate+17.49 pts vs state
36.0%Decision denial rate+13.23 pts vs state
63.5%Origination rate+4.29 pts vs state
7.83%Median rate+1.20 pts vs state
—Rate spread (pts)
—Median applicant income
73Loans originated
41Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 140 | 105 | 4.3% | 8.18% | #63 |
| 2024 | 161 | 115 | 12.4% | 8.44% | #54 |
| 2025 | 115 | 73 | 35.7% | 7.83% | #77 |
What RCN Capital lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Other large lenders in Delaware
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 2,381 | 15.5% | 6.88% |
| Wilmington Savings Fund Society | B | 1,801 | 16.6% | 7.25% |
| Citizens Bank | C | 1,633 | 29.3% | 7.65% |
| PNC Bank | D | 1,492 | 25.1% | 7.50% |
| NVR Mortgage Finance | B | 1,414 | 18.7% | 6.63% |
| United Shore Financial Services | B | 1,408 | 13.0% | 6.13% |
| Pike Creek Mortgage Services | B | 1,383 | 2.2% | 6.38% |
| Manufacturers and Traders Trust | C | 1,337 | 32.5% | 5.99% |
| Newrez | D | 1,127 | 18.4% | 6.50% |
| Del-One Federal Credit Union | D | 1,070 | 41.3% | 7.00% |
Frequently asked questions
Delaware: 115 applications in 2025, of which 73 were originated and 41 denied.
35.7% of all applications, or 36.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans RCN Capital originated in Delaware in 2025 was 7.83%, against a statewide median of 6.63%.
About this data. Figures are RCN Capital'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