Valon Mortgage · Delaware · 2025

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

Valon Mortgage took 36 mortgage applications in Delaware in 2025, ranking #141 of 540 lenders active in the state. It originated 69.4% of them and denied 22.2% (24.2% of the applications it decided), against a statewide denial rate of 18.2%.

36Applicationsin DE
24.2%Decision denial ratestate 22.7%
7.95%Median ratestate 6.63%
$70,000Median loanstate $245,000
$3.4MVolume3 counties

Valon Mortgage in Delaware vs the state

22.2%Denial rate+4.06 pts vs state
24.2%Decision denial rate+1.51 pts vs state
69.4%Origination rate+10.25 pts vs state
7.95%Median rate+1.33 pts vs state
1.66Rate spread (pts)+1.39 pts vs state
$79kMedian applicant income
25Loans originated
8Denied

What Valon Mortgage lends in Delaware

By loan purpose

Home purchase 1 3% · 0.0% denied
Refinance 6 17% · 16.7% denied
Cash-out refinance 2 6% · 0.0% denied
Home improvement 15 42% · 26.7% denied
Other / HELOC 12 33% · 25.0% denied

By loan type

Conventional 36 100% · 22.2% denied

Why it denied Delaware applicants

Debt-to-income ratio 4 50%
Incomplete application 2 25%
Other 1 13%
Collateral 1 13%

Where in Delaware

Counties with the most Valon Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New Castle County 17104 23.5%
Sussex County 16124 25.0%
Kent County 330 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: 36 applications in 2025, of which 25 were originated and 8 denied.

22.2% of all applications, or 24.2% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Valon Mortgage originated in Delaware in 2025 was 7.95%, against a statewide median of 6.63%.

About this data. Figures are Valon Mortgage'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