Rocket Mortgage · Delaware · 2025

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

Rocket Mortgage took 2,381 mortgage applications in Delaware in 2025, ranking #1 of 540 lenders active in the state. It originated 75.1% of them and denied 15.5% (16.6% of the applications it decided), against a statewide denial rate of 18.2%.

2.4kApplicationsin DE
16.6%Decision denial ratestate 22.7%
6.88%Median ratestate 6.63%
$215,000Median loanstate $245,000
$428MVolume3 counties

Rocket Mortgage in Delaware vs the state

15.5%Denial rate-2.62 pts vs state
16.6%Decision denial rate-6.11 pts vs state
75.1%Origination rate+15.90 pts vs state
6.88%Median rate+0.25 pts vs state
0.65Rate spread (pts)+0.38 pts vs state
$101kMedian applicant income
1,788Loans originated
370Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4731,05917.2%6.75%#4
20241,9651,49814.4%6.75%#1
20252,3811,78815.5%6.88%#1

What Rocket Mortgage lends in Delaware

By loan purpose

Home purchase 432 18% · 11.6% denied
Refinance 446 19% · 12.6% denied
Cash-out refinance 1,389 58% · 16.9% denied
Home improvement 35 1% · 25.7% denied
Other / HELOC 79 3% · 25.3% denied

By loan type

Conventional 1,829 77% · 13.7% denied
FHA 397 17% · 24.4% denied
VA 155 7% · 14.2% denied

Why it denied Delaware applicants

Collateral 142 38%
Incomplete application 84 23%
Debt-to-income ratio 77 21%
Credit history 30 8%
Insufficient cash 13 4%
Other 12 3%
Unverifiable information 9 2%
Employment history 3 1%

Where in Delaware

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1,195895180 15.1%
Sussex County 756569120 15.9%
Kent County 43032470 16.3%

Other large lenders in Delaware

LenderGradeApplicationsDenial rateMedian rate
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%
Pennymac Loan ServicesC 1,05611.7%6.62%

Frequently asked questions

Delaware: 2,381 applications in 2025, of which 1,788 were originated and 370 denied.

15.5% of all applications, or 16.6% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Rocket Mortgage originated in Delaware in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Rocket 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