Shore United Bank · Delaware · 2025

Shore United Bank in Delaware: approval rate, denial rate and rates (2025)

Shore United Bank took 183 mortgage applications in Delaware in 2025, ranking #56 of 540 lenders active in the state. It originated 70.5% of them and denied 18.0% (20.4% of the applications it decided), against a statewide denial rate of 18.2%.

183Applicationsin DE
20.4%Decision denial ratestate 22.7%
6.50%Median ratestate 6.63%
$205,000Median loanstate $245,000
$41MVolume3 counties

Shore United Bank in Delaware vs the state

18.0%Denial rate-0.13 pts vs state
20.4%Decision denial rate-2.36 pts vs state
70.5%Origination rate+11.30 pts vs state
6.50%Median rate-0.13 pts vs state
0.21Rate spread (pts)-0.06 pts vs state
$110kMedian applicant income
129Loans originated
33Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233722899.7%6.25%#30
202415410220.1%7.00%#56
202518312918.0%6.50%#56

What Shore United Bank lends in Delaware

By loan purpose

Home purchase 76 42% · 6.6% denied
Refinance 24 13% · 12.5% denied
Cash-out refinance 6 3% · 66.7% denied
Home improvement 58 32% · 25.9% denied
Other / HELOC 19 10% · 31.6% denied

By loan type

Conventional 179 98% · 18.4% denied
FHA 1 1% · 0.0% denied
VA 3 2% · 0.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 20 61%
Credit history 8 24%
Other 3 9%
Collateral 2 6%

Where in Delaware

Counties with the most Shore United Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kent County 1227927 22.1%
Sussex County 54436 11.1%
New Castle County 770 0.0%

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: 183 applications in 2025, of which 129 were originated and 33 denied.

18.0% of all applications, or 20.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Shore United Bank originated in Delaware in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Shore United Bank'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