DELMAR FINANCIAL COMPANY

ST LOUIS, MO

DELMAR FINANCIAL COMPANY processed 2,979 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,158 loans with a 1.7% denial rate. Home Purchase was the primary loan purpose. Based in ST LOUIS, MO. The approval rate of 72.4% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. DELMAR FINANCIAL COMPANY processed 2,979 HMDA-reported mortgage applications in 2024, originating 2,158 loans and denying 51 for a denial rate of 1.7% (applicants themselves withdrew 428 files before a decision). The average loan amount was $277,111 at a 6.679% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 5493004T9SQFCNRQ2L76 from ST LOUIS, MO.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. DELMAR FINANCIAL COMPANY's 72.4% origination rate tells you how often an application turned into funded money; the 1.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Collateral, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,916 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,979
Applications
2,158
Originated
1.7%
Denial Rate
$277,111
Avg Loan Amount
Avg Interest Rate: 6.679% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,916 1,381 24 $286,811
FHA 655 469 17 $222,481
VA 356 275 6 $338,792
USDA 52 33 4 $185,577

Top loan types — DELMAR FINANCIAL COMPANY

Top loan types — DELMAR FINANCIAL COMPANY Horizontal bar chart of the top 4 items by value (applications). Top loan types — DELMAR FINANCIAL COMPANY Top 4 1. Conventional 1,916 2. FHA 655 3. VA 356 4. USDA 52 Top 5 loan types by application volume at DELMAR FINANCIAL COMPANY (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for DELMAR FINANCIAL COMPANY (LEI: 5493004T9SQFCNRQ2L76) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
22
Collateral
13
Debt-to-income ratio
12
Employment history
2
Credit history
2
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 2,516 1,865 $272,067
Refinancing 287 187 $339,321
Cash-out Refinancing 176 106 $247,784

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,276 75.3% 1.5%
Black or African American 257 61.9% 3.5%
Asian 125 60.8% 2.4%
Joint 82 79.3% 0.0%
American Indian or Alaska Native 22 68.2% 4.5%
2 or more minority races 8 87.5% 0.0%
Native Hawaiian or Other Pacific Islander 6 66.7% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,446 73.6% 1.8%
Hispanic or Latino 220 74.1% 2.3%
Joint 79 76.0% 1.3%

Nearby Lenders in MO

Other HMDA-reporting lenders in MO with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did DELMAR FINANCIAL COMPANY process?
DELMAR FINANCIAL COMPANY processed 2,979 mortgage applications in the 2023 HMDA reporting year. Of these, 2,158 were originated (approved and funded), 428 were withdrawn by the applicant, and 51 were denied.
What is DELMAR FINANCIAL COMPANY's mortgage approval rate?
DELMAR FINANCIAL COMPANY has an approval (origination) rate of 72.4%, meaning 72.4% of all applications resulted in a funded mortgage. The denial rate is 1.7%.
What is the average loan amount at DELMAR FINANCIAL COMPANY?
The average mortgage loan amount at DELMAR FINANCIAL COMPANY is $277,111. The average interest rate is 6.679%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at DELMAR FINANCIAL COMPANY?
The most common reasons for mortgage denial at DELMAR FINANCIAL COMPANY are: Other, Collateral, Debt-to-income ratio. In total, 51 applications were denied out of 2,979 total applications.
What types of mortgage loans does DELMAR FINANCIAL COMPANY offer?
DELMAR FINANCIAL COMPANY processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,916 applications and an average loan amount of $286,811.
What loan purposes does DELMAR FINANCIAL COMPANY serve?
DELMAR FINANCIAL COMPANY serves the following loan purposes: Home Purchase (2,516 applications), Refinancing (287 applications), Cash-out Refinancing (176 applications). Home Purchase is the most common purpose.
Where is DELMAR FINANCIAL COMPANY located?
DELMAR FINANCIAL COMPANY is headquartered in ST LOUIS, MO. The lender is identified by LEI 5493004T9SQFCNRQ2L76 in HMDA data.
How does DELMAR FINANCIAL COMPANY compare in lending across racial demographics?
DELMAR FINANCIAL COMPANY reports demographic lending data under HMDA requirements. White applicants have an approval rate of 75.3% and denial rate of 1.5%; Black or African American applicants have an approval rate of 61.9% and denial rate of 3.5%; Asian applicants have an approval rate of 60.8% and denial rate of 2.4%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.