Vanderbilt Mortgage and Finance · Delaware · 2025

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

Vanderbilt Mortgage and Finance took 757 mortgage applications in Delaware in 2025, ranking #15 of 540 lenders active in the state. It originated 5.3% of them and denied 51.0% (89.4% of the applications it decided), against a statewide denial rate of 18.2%.

757Applicationsin DE
89.4%Decision denial ratestate 22.7%
10.87%Median ratestate 6.63%
$115,000Median loanstate $245,000
$4.6MVolume3 counties

Vanderbilt Mortgage and Finance in Delaware vs the state

51.0%Denial rate+32.83 pts vs state
89.4%Decision denial rate+66.62 pts vs state
5.3%Origination rate-53.91 pts vs state
10.87%Median rate+4.24 pts vs state
5.16Rate spread (pts)+4.88 pts vs state
$58kMedian applicant income
40Loans originated
386Denied

Trend in Delaware

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238703750.7%10.50%#10
20246933951.8%10.75%#18
20257574051.0%10.87%#15

What Vanderbilt Mortgage and Finance lends in Delaware

By loan purpose

Home purchase 757 100% · 51.0% denied

By loan type

Conventional 757 100% · 51.0% denied

Why it denied Delaware applicants

Credit history 179 46%
Unverifiable information 107 28%
Debt-to-income ratio 97 25%
Incomplete application 1 0%
Insufficient cash 1 0%
Employment history 1 0%

Where in Delaware

Counties with the most Vanderbilt Mortgage and Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sussex County 37914190 50.1%
Kent County 24714121 49.0%
New Castle County 1311275 57.3%

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: 757 applications in 2025, of which 40 were originated and 386 denied.

51.0% of all applications, or 89.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.

The median rate on loans Vanderbilt Mortgage and Finance originated in Delaware in 2025 was 10.87%, against a statewide median of 6.63%.

About this data. Figures are Vanderbilt Mortgage and Finance'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