Teachers Federal Credit Union · Delaware · 2025

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

Teachers Federal Credit Union took 5 mortgage applications in Delaware in 2025, ranking #308 of 540 lenders active in the state. It originated 40.0% of them and denied 20.0% (33.3% of the applications it decided), against a statewide denial rate of 18.2%.

5Applicationsin DE
33.3%Decision denial ratestate 22.7%
5.88%Median ratestate 6.63%
$465,000Median loanstate $245,000
$1.2MVolume2 counties

Teachers Federal Credit Union in Delaware vs the state

20.0%Denial rate+1.84 pts vs state
33.3%Decision denial rate+10.60 pts vs state
40.0%Origination rate-19.19 pts vs state
5.88%Median rate-0.75 pts vs state
-0.06Rate spread (pts)-0.33 pts vs state
$158kMedian applicant income
2Loans originated
1Denied

What Teachers Federal Credit Union lends in Delaware

By loan purpose

Home purchase 2 40% · 50.0% denied
Refinance 1 20% · 0.0% denied
Cash-out refinance 1 20% · 0.0% denied
Home improvement 1 20% · 0.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied Delaware applicants

Other 1 100%

Where in Delaware

Counties with the most Teachers Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 311 33.3%
Sussex County 210 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: 5 applications in 2025, of which 2 were originated and 1 denied.

20.0% of all applications, or 33.3% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Teachers Federal Credit Union originated in Delaware in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are Teachers 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