Sun East Federal Credit Union · Delaware · 2025

Sun East Federal Credit Union in Delaware: approval rate, denial rate and rates (2025)

Sun East Federal Credit Union took 166 mortgage applications in Delaware in 2025, ranking #60 of 540 lenders active in the state. It originated 55.4% of them and denied 18.1% (24.0% of the applications it decided), against a statewide denial rate of 18.2%.

166Applicationsin DE
24.0%Decision denial ratestate 22.7%
4.99%Median ratestate 6.63%
$75,000Median loanstate $245,000
$12MVolume3 counties

Sun East Federal Credit Union in Delaware vs the state

18.1%Denial rate-0.09 pts vs state
24.0%Decision denial rate+1.27 pts vs state
55.4%Origination rate-3.77 pts vs state
4.99%Median rate-1.63 pts vs state
-2.20Rate spread (pts)-2.47 pts vs state
$102kMedian applicant income
92Loans originated
30Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231499322.2%6.45%#61
20241236432.5%4.99%#65
20251669218.1%4.99%#60

What Sun East Federal Credit Union lends in Delaware

By loan purpose

Home purchase 13 8% · 23.1% denied
Refinance 26 16% · 3.9% denied
Cash-out refinance 2 1% · 0.0% denied
Home improvement 74 45% · 21.6% denied
Other / HELOC 51 31% · 19.6% denied

By loan type

Conventional 166 100% · 18.1% denied

Why it denied Delaware applicants

Debt-to-income ratio 10 33%
Credit history 8 27%
Collateral 5 17%
Unverifiable information 3 10%
Other 3 10%
Incomplete application 1 3%

Where in Delaware

Counties with the most Sun East Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 1428123 16.2%
Sussex County 1464 28.6%
Kent County 1053 30.0%

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: 166 applications in 2025, of which 92 were originated and 30 denied.

18.1% of all applications, or 24.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Sun East Federal Credit Union originated in Delaware in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Sun East Federal Credit Union'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