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2024 data HMDA 2024 disclosure official source

Sussex County

15,698 mortgage applications, 15.6% denial rate. Verify FIPS 10005 with U.S. Census Bureau →

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Delaware · FIPS 10005

Local mortgage market. Sussex County, Delaware saw 15,698 HMDA-reported mortgage applications in 2024. Lenders originated 8,344 of those loans and denied 2,453, producing a denial rate of 15.6% and an approval (origination) rate of 53.2%. The average loan amount was $303,579 at an average note rate of 7.21%, with applicants self-reporting average annual income of $38K. 363 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.0x, meaning typical borrowers took on mortgages of about 8.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 10005 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

15,698
Applications
8,344
Originated
15.6%
Denial Rate
53.2%
Approval Rate
$303,579
Avg Loan Amount
7.21%
Avg Interest Rate
$38K
Avg Applicant Income
8.0x
Loan-to-Income Ratio

Nearby Lenders in Sussex County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Nvr Mortgage Finance, INC. 720 8.6%
2 Rocket Mortgage 461 5.5%
3 Loandepot.Com, LLC 325 3.9%
4 M&T Bank 313 3.8%
5 Pnc Bank N.A. 311 3.7%
Compare Nvr Mortgage Finance, INC. vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Sussex County?
In the 2024 HMDA reporting year, 15,698 mortgage applications were filed in Sussex County, Delaware. Of these, 8,344 were originated (approved and funded), while 2,453 were denied, resulting in a denial rate of 15.6%.
What is the mortgage denial rate in Sussex County?
The mortgage denial rate in Sussex County is 15.6%. The approval (origination) rate is 53.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sussex County?
The average mortgage loan amount in Sussex County is $303,579. The average interest rate is 7.207%. The average applicant income is $38K.
What is the loan-to-income ratio in Sussex County?
The average loan-to-income ratio in Sussex County is 8.0x, meaning borrowers took on loans averaging 8.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sussex County?
The top mortgage lenders in Sussex County by origination volume are Nvr Mortgage Finance, INC., Rocket Mortgage, Loandepot.Com, LLC. In total, 363 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.