U.S. Bank · Delaware · 2025

U.S. Bank in Delaware: approval rate, denial rate and rates (2025)

U.S. Bank took 90 mortgage applications in Delaware in 2025, ranking #89 of 540 lenders active in the state. It originated 33.3% of them and denied 56.7% (63.0% of the applications it decided), against a statewide denial rate of 18.2%.

90Applicationsin DE
63.0%Decision denial ratestate 22.7%
6.25%Median ratestate 6.63%
$180,000Median loanstate $245,000
$15MVolume3 counties

U.S. Bank in Delaware vs the state

56.7%Denial rate+38.51 pts vs state
63.0%Decision denial rate+40.23 pts vs state
33.3%Origination rate-25.86 pts vs state
6.25%Median rate-0.38 pts vs state
-0.01Rate spread (pts)-0.28 pts vs state
$125kMedian applicant income
30Loans originated
51Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231223851.6%6.31%#68
20241144249.1%6.50%#71
2025903056.7%6.25%#89

What U.S. Bank lends in Delaware

By loan purpose

Home purchase 31 34% · 16.1% denied
Refinance 7 8% · 0.0% denied
Cash-out refinance 10 11% · 50.0% denied
Home improvement 17 19% · 100.0% denied
Other / HELOC 25 28% · 96.0% denied

By loan type

Conventional 88 98% · 58.0% denied
VA 2 2% · 0.0% denied

Why it denied Delaware applicants

Other 44 86%
Collateral 3 6%
Credit history 2 4%
Debt-to-income ratio 2 4%

Where in Delaware

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 481331 64.6%
Sussex County 27159 33.3%
Kent County 15211 73.3%

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: 90 applications in 2025, of which 30 were originated and 51 denied.

56.7% of all applications, or 63.0% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

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

About this data. Figures are U.S. 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