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Kent County, Delaware · 2025

Mortgage lenders in Kent County, DE: denial rates and top lenders (2025)

312 lenders acted on 9,209 mortgage applications for properties in Kent County in 2025. 20.9% were denied (Delaware: 18.2%). Median rate on closed loans 6.50%; median loan $245,000; median property value $375,000.

9.2kApplications
20.9%Denial ratestate 18.2%
6.50%Median ratestate 6.63%
$245,000Median loan
$375,000Median property value

Largest lenders in Kent County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 430324 16.3%6.99%
2 Del-One Federal Credit Union D 378182 41.8%7.25%
3 United Shore Financial Services B 370246 16.5%6.00%
4 Wilmington Savings Fund Society B 327194 21.1%7.25%
5 Freedom Mortgage B 277118 4.7%6.13%
6 Citizens Bank C 269169 26.0%7.65%
7 Pennymac Loan Services C 266121 7.5%6.25%
8 Manufacturers and Traders Trust C 247123 39.7%5.99%
9 Vanderbilt Mortgage and Finance F 24714 49.0%10.38%
10 Keystone Funding A 241210 4.2%6.25%
11 Pike Creek Mortgage Services B 234191 3.4%6.25%
12 Guild Mortgage A 234164 9.4%6.25%
13 Newrez D 22267 23.0%6.49%
14 NVR Mortgage Finance B 217121 33.6%6.25%
15 PNC Bank D 213105 34.7%7.81%
16 Mortgage Research Center C 20880 20.7%6.13%
17 Navy Federal Credit Union D 18079 22.8%8.25%
18 Meridian Bank B 166133 3.0%6.13%
19 Loandepot.Com D 152102 19.1%6.75%
20 Broker Solutions D 15047 14.7%6.63%
21 Dover Federal Credit Union D 14886 31.8%7.38%
22 Lennar Mortgage A 13789 5.8%6.50%
23 Spring Eq D 12940 42.6%10.39%
24 AmeriSave Mortgage D 12543 57.6%8.25%
25 Crosscountry Mortgage B 12470 9.7%6.63%

Best approval odds in Kent County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Meridian Bank1383.6%
2Pike Creek Mortgage Services1994.0%
3Keystone Funding2414.2%
4Luminate Bank667.6%
5Freedom Mortgage1588.2%
6Lennar Mortgage978.3%
7Movement Mortgage828.5%
8K. Hovnanian American Mortgage7910.1%
9Primary Residential Mortgage8310.8%
10Guild Mortgage19611.2%

What Kent County borrowers applied for

By loan purpose

Home purchase 3,862 42% · 14.0% denied
Refinance 1,485 16% · 15.6% denied
Cash-out refinance 1,825 20% · 23.5% denied
Home improvement 1,001 11% · 36.2% denied
Other / HELOC 1,036 11% · 35.3% denied

By loan type

Conventional 5,613 61% · 24.5% denied
FHA 2,048 22% · 19.3% denied
VA 1,525 17% · 10.4% denied
USDA / RHS 23 0% · 8.7% denied

Why applications were denied

Debt-to-income ratio 604 31%
Credit history 526 27%
Collateral 228 12%
Other 214 11%
Incomplete application 199 10%
Unverifiable information 89 5%
Insufficient cash 58 3%
Employment history 7 0%
Mortgage insurance denied 2 0%

Kent County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,8844,14324.7%6.88%$205,000
20248,4554,59623.8%6.75%$215,000
20259,2095,02320.9%6.50%$245,000

Frequently asked questions

20.9% of applications in Kent County were denied in 2025, against 18.2% statewide in Delaware.

Rocket Mortgage, with 430 applications in 2025 and a denial rate of 16.3%.

The median mortgage application in Kent County in 2025 was for $245,000; the median property value on originated loans was $375,000.