The Loan Store · Delaware · 2025

The Loan Store in Delaware: approval rate, denial rate and rates (2025)

The Loan Store took 132 mortgage applications in Delaware in 2025, ranking #69 of 540 lenders active in the state. It originated 80.3% of them and denied 7.6% (7.9% of the applications it decided), against a statewide denial rate of 18.2%.

132Applicationsin DE
7.9%Decision denial ratestate 22.7%
6.99%Median ratestate 6.63%
$265,000Median loanstate $245,000
$32MVolume3 counties

The Loan Store in Delaware vs the state

7.6%Denial rate-10.58 pts vs state
7.9%Decision denial rate-14.86 pts vs state
80.3%Origination rate+21.11 pts vs state
6.99%Median rate+0.37 pts vs state
0.46Rate spread (pts)+0.19 pts vs state
$140kMedian applicant income
106Loans originated
10Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202466503.0%6.88%#92
20251321067.6%6.99%#69

What The Loan Store lends in Delaware

By loan purpose

Home purchase 87 66% · 2.3% denied
Refinance 7 5% · 0.0% denied
Cash-out refinance 12 9% · 8.3% denied
Home improvement 7 5% · 28.6% denied
Other / HELOC 19 14% · 26.3% denied

By loan type

Conventional 127 96% · 7.1% denied
FHA 3 2% · 33.3% denied
VA 2 2% · 0.0% denied

Why it denied Delaware applicants

Incomplete application 4 40%
Other 2 20%
Debt-to-income ratio 2 20%
Collateral 1 10%
Credit history 1 10%

Where in Delaware

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 80683 3.8%
Sussex County 37265 13.5%
Kent County 15122 13.3%

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: 132 applications in 2025, of which 106 were originated and 10 denied.

7.6% of all applications, or 7.9% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans The Loan Store originated in Delaware in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are The Loan Store'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