TD Bank · Delaware · 2025

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

TD Bank took 479 mortgage applications in Delaware in 2025, ranking #27 of 540 lenders active in the state. It originated 49.3% of them and denied 30.5% (38.0% of the applications it decided), against a statewide denial rate of 18.2%.

479Applicationsin DE
38.0%Decision denial ratestate 22.7%
7.67%Median ratestate 6.63%
$105,000Median loanstate $245,000
$54MVolume3 counties

TD Bank in Delaware vs the state

30.5%Denial rate+12.32 pts vs state
38.0%Decision denial rate+15.29 pts vs state
49.3%Origination rate-9.92 pts vs state
7.67%Median rate+1.04 pts vs state
0.60Rate spread (pts)+0.33 pts vs state
$110kMedian applicant income
236Loans originated
146Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351926432.8%8.12%#19
202450526328.7%8.44%#25
202547923630.5%7.67%#27

What TD Bank lends in Delaware

By loan purpose

Home purchase 90 19% · 14.4% denied
Refinance 102 21% · 20.6% denied
Cash-out refinance 1 0% · 100.0% denied
Home improvement 181 38% · 38.1% denied
Other / HELOC 105 22% · 40.0% denied

By loan type

Conventional 476 99% · 30.7% denied
FHA 2 0% · 0.0% denied
VA 1 0% · 0.0% denied

Why it denied Delaware applicants

Credit history 58 40%
Debt-to-income ratio 53 36%
Collateral 32 22%
Other 2 1%
Incomplete application 1 1%

Where in Delaware

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 31015597 31.3%
Sussex County 1045425 24.0%
Kent County 652724 36.9%

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: 479 applications in 2025, of which 236 were originated and 146 denied.

30.5% of all applications, or 38.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans TD Bank originated in Delaware in 2025 was 7.67%, against a statewide median of 6.63%.

About this data. Figures are TD 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