Truist Bank · Delaware · 2025

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

Truist Bank took 139 mortgage applications in Delaware in 2025, ranking #66 of 540 lenders active in the state. It originated 60.4% of them and denied 6.5% (9.7% of the applications it decided), against a statewide denial rate of 18.2%.

139Applicationsin DE
9.7%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$385,000Median loanstate $245,000
$39MVolume3 counties

Truist Bank in Delaware vs the state

6.5%Denial rate-11.69 pts vs state
9.7%Decision denial rate-13.05 pts vs state
60.4%Origination rate+1.24 pts vs state
6.25%Median rate-0.38 pts vs state
0.02Rate spread (pts)-0.25 pts vs state
$167kMedian applicant income
84Loans originated
9Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
202396617.3%6.38%#86
202499646.1%6.49%#76
2025139846.5%6.25%#66

What Truist Bank lends in Delaware

By loan purpose

Home purchase 125 90% · 5.6% denied
Refinance 7 5% · 0.0% denied
Cash-out refinance 3 2% · 0.0% denied
Other / HELOC 4 3% · 50.0% denied

By loan type

Conventional 133 96% · 6.8% denied
FHA 2 1% · 0.0% denied
VA 4 3% · 0.0% denied

Why it denied Delaware applicants

Collateral 3 33%
Debt-to-income ratio 3 33%
Incomplete application 2 22%
Other 1 11%

Where in Delaware

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 116697 6.0%
New Castle County 17121 5.9%
Kent County 631 16.7%

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: 139 applications in 2025, of which 84 were originated and 9 denied.

6.5% of all applications, or 9.7% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Truist Bank originated in Delaware in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Truist 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