Tidewater Mortgage Services · Delaware · 2025

Tidewater Mortgage Services in Delaware: approval rate, denial rate and rates (2025)

Tidewater Mortgage Services took 251 mortgage applications in Delaware in 2025, ranking #47 of 540 lenders active in the state. It originated 53.8% of them and denied 7.2% (11.8% of the applications it decided), against a statewide denial rate of 18.2%.

251Applicationsin DE
11.8%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$305,000Median loanstate $245,000
$42MVolume3 counties

Tidewater Mortgage Services in Delaware vs the state

7.2%Denial rate-10.99 pts vs state
11.8%Decision denial rate-10.97 pts vs state
53.8%Origination rate-5.41 pts vs state
6.25%Median rate-0.38 pts vs state
0.33Rate spread (pts)+0.05 pts vs state
$85kMedian applicant income
135Loans originated
18Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231891564.2%6.69%#52
20242081568.7%6.50%#49
20252511357.2%6.25%#47

What Tidewater Mortgage Services lends in Delaware

By loan purpose

Home purchase 240 96% · 7.5% denied
Refinance 8 3% · 0.0% denied
Cash-out refinance 2 1% · 0.0% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 65 26% · 7.7% denied
FHA 159 63% · 7.6% denied
VA 25 10% · 0.0% denied
USDA / RHS 2 1% · 50.0% denied

Why it denied Delaware applicants

Debt-to-income ratio 10 56%
Employment history 3 17%
Collateral 3 17%
Other 1 6%
Credit history 1 6%

Where in Delaware

Counties with the most Tidewater Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 1386414 10.1%
Kent County 63353 4.8%
New Castle County 49361 2.0%

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: 251 applications in 2025, of which 135 were originated and 18 denied.

7.2% of all applications, or 11.8% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Tidewater Mortgage Services originated in Delaware in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Tidewater Mortgage Services'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