DOVER Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Dover averaged 6.86% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

The average rate for the prior week (2024-11-07) was 6.87% and one month ago for the week of 2024-10-10, the average rate was 6.2%.

Dover's average rate one year ago was 7.38%.

For refis of the same type during the week of 2024-11-14, the average rate was 8.01%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-14 6.78%
Dover 30 Year Fixed Rate 2024-11-14 6.86%
Dover 30 Year Fixed Rate Refi 2024-11-14 8.01%
Dover 15 Year Fixed Rate 2024-11-14 5.99%
Dover 15 Year Fixed Rate Refi 2024-11-14 6.29%
Dover 30 Year FHA 2024-11-14 -0.34%
Dover 30 Year FHA Refi 2024-11-14 0.1%
Dover 30 Year USDA 2024-11-14 0%
Dover 30 Year USDA Refi 2024-11-14 0.1%
Dover 30 Year VA 2024-11-14 -0.08%
Dover 30 Year VA Refi 2024-11-14 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DOVER, DE.

DOVER Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the DOVER, DE market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
PIKE CREEK MORTGAGE SERVICES, INC. 79 6.81% $10,006
NFM, INC. 69 6.79% $8,268
QUICKEN LOANS, LLC 68 6.90% $7,191
GUILD MORTGAGE COMPANY 50 6.94% $7,231
NVR Mortgage Finance, Inc. 37 6.03% $7,044
UNITED WHOLESALE MORTGAGE, LLC 36 6.87% $9,258
Wilmington Savings Fund Society, FSB 30 6.58% $5,174
MOVEMENT MORTGAGE, LLC 29 6.50% $7,608
Meridian Bank Corporation 28 6.76% $9,305
CARDINAL FINANCIAL 24 7.00% $8,130
Keystone Funding, Inc. 24 7.06% $9,687
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 21 6.76% $7,944
Ixonia Bank 21 6.93% $8,175
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 19 7.04% $10,065
EMM LOANS LLC 18 6.48% $11,858
Wells Fargo Bank 17 6.37% $3,777
DEL-ONE FEDERAL CREDIT UNION 17 6.01% $2,869
EAGLE HOME MORTGAGE, LLC 17 6.43% $6,494
PRIMARY RESIDENTIAL MORTGAGE, INC. 16 7.16% $8,827
NEWREZ LLC 16 7.53% $7,395
M&T Bank 16 6.33% $4,798
CALIBER HOME LOANS, INC. 16 6.84% $5,924
Equity Prime Mortgage LLC 16 6.38% $12,299
PENNYMAC LOAN SERVICES, LLC 14 6.87% $8,105
DHI MORTGAGE COMPANY, LTD. 14 5.92% $4,704
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 13 6.98% $7,801
TD Bank 12 6.90% $3,876
Prosperity Home Mortgage, LLC 12 6.98% $6,247
JPMorgan Chase Bank 12 6.62% $6,012
GUARANTEED RATE AFFINITY, LLC 10 6.72% $6,737
Nations Lending Corporation 10 6.35% $7,027
Mr. Cooper ( Nationstar Mortgage ) 10 6.98% $11,744
NAVY FEDERAL CREDIT UNION 10 6.45% $6,300
CROSSCOUNTRY MORTGAGE, LLC 10 7.12% $8,705
Evolve Bank & Trust 9 7.00% $9,907
Bank of America 9 6.19% $6,319
Shore United Bank 9 6.50% $4,133
LOANDEPOT.COM, LLC 8 6.44% $7,797
Citizens Bank 8 6.61% $5,413
CMG MORTGAGE, INC. 7 6.82% $7,457
PNC Bank 7 6.43% $4,446
Northpointe Bank 7 6.98% $8,675
Dover Federal Credit Union 7 6.57% $5,186
EMBRACE HOME LOANS, INC. 6 6.58% $7,257
FREEDOM MORTGAGE CORPORATION 5 7.30% $11,536
TIDEWATER MORTGAGE SERVICES, INC. 5 6.68% $5,841
AMERICAN FINANCIAL NETWORK, INC. 5 6.70% $7,626
BROKER SOLUTIONS, INC. 5 7.35% $6,363
HOMESIDE FINANCIAL, LLC 5 6.95% $8,728
Capital Bank 5 7.17% $8,595
AMERISAVE MORTGAGE CORPORATION 4 6.13% $7,759
BAYSHORE MORTGAGE FUNDING, LLC 4 6.78% $12,171
Plains Commerce Bank 4 7.56% $10,118
WesBanco 3 6.13% $9,281
ACADEMY MORTGAGE CORPORATION 3 7.38% $8,321
FIRST HOME MORTGAGE CORPORATION 3 6.67% $9,969
MidAtlantic Farm Credit, ACA 3 7.28% $3,896
U.S. Bank 3 5.67% $3,234
Mortgage Research Center, LLC 3 6.92% $4,881
First Savings Bank 3 6.96% $4,577
Huntingdon Valley Bank 3 5.79% $10,524
First Citizens Community Bank 3 7.58% $6,072
EVERETT FINANCIAL, INC. 3 7.08% $5,470
PENTAGON FEDERAL CREDIT UNION 3 6.33% $4,991
CREDIT UNION MORTGAGE ASSOCIATION, INC. 3 5.54% $3,947
GUARANTEED RATE, INC. 3 6.30% $6,557
Paramount Residential Mortgage Group, Inc. 2 7.50% $6,572
ABSOLUTE HOME MORTGAGE CORPORATION 2 7.88% $8,394
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 8.18% $8,619
FIDELITY DIRECT MORTGAGE, LLC 2 6.13% $7,035
First Federal Bank 2 6.81% $3,737
First National Bank of America 2 10.00% $9,933
First National Bank of Pennsylvania 2 6.19% $4,044
Flagstar Bank, FSB 2 7.38% $6,410
Fulton Bank 2 7.31% $4,891
GREENTREE MORTGAGE COMPANY, L.P. 2 6.25% $4,480
Magnolia Bank 2 6.93% $13,364
MY MORTGAGE, INC. 2 6.81% $7,804
PLAZA HOME MORTGAGE, INC. 2 6.69% $10,992
PREMIA MORTGAGE, LLC 2 6.78% $2,253
State Financial Network, LLC 2 6.31% $2,863
FIRST HERITAGE FINANCIAL, LLC 1 6.88% $7,110
FIRST COMMUNITY MORTGAGE, INC. 1 6.49% $14,322
EQUITY RESOURCES, INC. 1 6.88% $4,760
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $7,163
AFFINITY 1 8.00% $7,047
NASA Federal Credit Union 1 5.88% $3,978
DRAPER AND KRAMER MORTGAGE CORP. 1 7.13% $3,780
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.50% $5,636
Discover Bank 1 6.24% $0
NBKC BANK 1 6.50% $2,748
CONTOUR MORTGAGE CORPORATION 1 7.88% $8,250
NexBank 1 8.38% $7,246
Citibank 1 7.50% $6,362
CHEVRON 1 5.63% $4,887
Charles Schwab Bank, SSB 1 7.03% $3,629
OCMBC, INC. 1 8.88% $7,016
ABERDEEN PROVING GROUND FEDERAL CREDIT UNION 1 6.63% $3,636
Century Mortgage Company DBA Century Lending Company 1 7.63% $15,430
Carrington Mortgage Services, LLC 1 6.50% $10,986
BETTER MORTGAGE CORPORATION 1 7.38% $4,222
BAY EQUITY LLC 1 7.13% $3,180
Advisors Mortgage Group, L.L.C. 1 6.88% $9,784
BAY CAPITAL MORTGAGE CORPORATION 1 7.50% $10,109
POLICE & FIRE 1 7.00% $3,708
ADVANCIAL 1 6.13% $6,150
Bank of Whittier 1 6.63% $8,593
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.99% $6,018
Aurora Financial, LLC 1 6.63% $3,460
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $11,419
RADIUS FINANCIAL GROUP INC. 1 7.99% $12,758
RELIANCE FIRST CAPITAL, LLC 1 6.63% $7,503
ARC HOME LLC 1 5.88% $7,345
ZILLOW HOME LOANS, LLC 1 7.13% $6,907
Summit Community Bank, Inc. 1 7.41% $4,467
Sun East Federal Credit Union 1 5.38% $3,577
Ameris Bank 1 6.00% $4,331
AMERICAN HERITAGE FCU 1 5.77% $2,611
TOTAL MORTGAGE SERVICES, LLC 1 8.00% $7,458
UNION HOME MORTGAGE CORP. 1 7.63% $4,739
Ally Bank 1 5.25% $13,959
USAA Federal Savings Bank 1 6.75% $5,519
ALLIED MORTGAGE GROUP, INC. 1 7.50% $8,982
VANDERBILT MORTGAGE AND FINANCE, INC. 1 9.00% $4,963
Watermark Capital, Inc. 1 6.63% $3,631
Waterstone Mortgage Corporation 1 6.99% $9,122
MEMBERS 1ST FEDERAL CREDIT UNION 1 6.13% $6,164
LENDSURE MORTGAGE CORP. 1 8.63% $21,030
LAKEVIEW LOAN SERVICING, LLC 1 6.13% $6,879
Firstrust Savings Bank 1 6.88% $8,544

DOVER Average Closing Costs & Other Stats

DOVER, DE's 130 lenders originated 4,121 loans during 2023. The total origination value was $1,039,085,000, with an average loan value of $252,144.

DOVER's average closing costs are $6,999.

The top DOVER lender as defined by loan originations is PIKE CREEK MORTGAGE SERVICES, INC., with 79 loans originated. Their average total fees are $10,006, which is $1,738 higher than the next largest lender, NFM, INC..

The lowest fee DOVER lenders (with over 10 loans originated) are DEL-ONE FEDERAL CREDIT UNION ($2,869), Wells Fargo Bank ($3,777), TD Bank ($3,876), DHI MORTGAGE COMPANY, LTD. ($4,704) and M&T Bank ($4,798).

The lowest rate DOVER lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.92%), DEL-ONE FEDERAL CREDIT UNION (6.01%), NVR Mortgage Finance, Inc. (6.03%), M&T Bank (6.33%) and Nations Lending Corporation (6.35%).

DOVER, DE Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
PIKE CREEK MORTGAGE SERVICES, INC. $69,635,000 $54,950,000 -21.1% 5.3%
NFM, INC. $73,160,000 $53,090,000 -27.4% 5.1%
QUICKEN LOANS, LLC $88,755,000 $45,025,000 -49.3% 4.3%
Arbor Realty Trust, Inc. $42,565,000 n/a 4.1%
DHI MORTGAGE COMPANY, LTD. $27,640,000 $37,350,000 35.1% 3.6%
NVR Mortgage Finance, Inc. $45,685,000 $34,380,000 -24.7% 3.3%
GUILD MORTGAGE COMPANY $24,980,000 $29,760,000 19.1% 2.9%
Meridian Bank Corporation $30,710,000 $26,180,000 -14.8% 2.5%
UNITED WHOLESALE MORTGAGE, LLC $29,900,000 $24,590,000 -17.8% 2.4%
Wilmington Savings Fund Society, FSB $30,765,000 $21,845,000 -29.0% 2.1%
Keystone Funding, Inc. $21,590,000 n/a 2.1%
Ixonia Bank $4,040,000 $21,170,000 424.0% 2.0%
Mortgage Research Center, LLC $35,355,000 $19,310,000 -45.4% 1.9%
Citizens Bank $30,375,000 $19,300,000 -36.5% 1.9%
CARDINAL FINANCIAL $28,595,000 $18,010,000 -37.0% 1.7%
MOVEMENT MORTGAGE, LLC $7,655,000 $17,935,000 134.3% 1.7%
DEL-ONE FEDERAL CREDIT UNION $23,740,000 $16,865,000 -29.0% 1.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,140,000 $15,240,000 196.5% 1.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $27,235,000 $14,845,000 -45.5% 1.4%
NEWREZ LLC $17,120,000 $14,835,000 -13.3% 1.4%
M&T Bank $23,735,000 $14,710,000 -38.0% 1.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $21,045,000 $14,675,000 -30.3% 1.4%
PENNYMAC LOAN SERVICES, LLC $17,690,000 $14,170,000 -19.9% 1.4%
Equity Prime Mortgage LLC $10,795,000 $14,075,000 30.4% 1.4%
LOANDEPOT.COM, LLC $39,225,000 $13,750,000 -64.9% 1.3%
PNC Bank $29,555,000 $13,300,000 -55.0% 1.3%
NAVY FEDERAL CREDIT UNION $16,545,000 $12,835,000 -22.4% 1.2%
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. $20,060,000 $11,915,000 -40.6% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $13,350,000 $11,745,000 -12.0% 1.1%
Shore United Bank $11,095,000 $11,545,000 4.1% 1.1%
TIDEWATER MORTGAGE SERVICES, INC. $12,960,000 $11,530,000 -11.0% 1.1%
Evolve Bank & Trust $6,885,000 $10,860,000 57.7% 1.0%
CMG MORTGAGE, INC. $22,935,000 $10,620,000 -53.7% 1.0%
EMM LOANS LLC $13,960,000 $10,610,000 -24.0% 1.0%
Dover Federal Credit Union $13,105,000 $10,230,000 -21.9% 1.0%
FREEDOM MORTGAGE CORPORATION $20,730,000 $9,430,000 -54.5% 0.9%
Prosperity Home Mortgage, LLC $7,365,000 $9,260,000 25.7% 0.9%
CALIBER HOME LOANS, INC. $20,405,000 $8,975,000 -56.0% 0.9%
Northpointe Bank $33,770,000 $8,395,000 -75.1% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $20,600,000 $7,950,000 -61.4% 0.8%
COREVEST AMERICAN FINANCE LENDER LLC $7,380,000 n/a 0.7%
EAGLE HOME MORTGAGE, LLC $980,000 $7,275,000 642.3% 0.7%
Nations Lending Corporation $7,610,000 $6,825,000 -10.3% 0.7%
BROKER SOLUTIONS, INC. $7,150,000 $6,690,000 -6.4% 0.6%
Fulton Bank $12,365,000 $6,315,000 -48.9% 0.6%
First Citizens Community Bank $4,620,000 $6,295,000 36.3% 0.6%
TD Bank $6,025,000 $6,095,000 1.2% 0.6%
Wells Fargo Bank $18,105,000 $5,985,000 -66.9% 0.6%
PENTAGON FEDERAL CREDIT UNION $4,680,000 $5,725,000 22.3% 0.6%
GUARANTEED RATE AFFINITY, LLC $2,250,000 $5,685,000 152.7% 0.5%
HOMESIDE FINANCIAL, LLC $17,300,000 $5,470,000 -68.4% 0.5%
Citibank $370,000 $5,130,000 1,286.5% 0.5%
Carrington Mortgage Services, LLC $6,950,000 $4,820,000 -30.6% 0.5%
The Federal Savings Bank $5,390,000 $4,695,000 -12.9% 0.5%
EMBRACE HOME LOANS, INC. $10,075,000 $4,565,000 -54.7% 0.4%
NATION ONE MORTGAGE CORPORATION $4,305,000 n/a 0.4%
PLAZA HOME MORTGAGE, INC. $7,745,000 $4,045,000 -47.8% 0.4%
AMERISAVE MORTGAGE CORPORATION $15,130,000 $3,995,000 -73.6% 0.4%
JPMorgan Chase Bank $5,930,000 $3,985,000 -32.8% 0.4%
Bank of America $9,005,000 $3,885,000 -56.9% 0.4%
NEW DAY FINANCIAL, LLC $5,480,000 $3,775,000 -31.1% 0.4%
EVERETT FINANCIAL, INC. $2,375,000 $3,760,000 58.3% 0.4%
Plains Commerce Bank $2,080,000 $3,540,000 70.2% 0.3%
USAA Federal Savings Bank $12,635,000 $3,455,000 -72.7% 0.3%
NBKC BANK $2,020,000 $3,450,000 70.8% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $3,035,000 n/a 0.3%
First National Bank of Pennsylvania $1,540,000 $2,960,000 92.2% 0.3%
Discover Bank $2,160,000 $2,820,000 30.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $6,200,000 $2,800,000 -54.8% 0.3%
BAYSHORE MORTGAGE FUNDING, LLC $1,195,000 $2,755,000 130.5% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,755,000 $2,615,000 49.0% 0.3%
Magnolia Bank $1,450,000 $2,530,000 74.5% 0.2%
Capital Bank $940,000 $2,510,000 167.0% 0.2%
GUARANTEED RATE, INC. $8,700,000 $2,505,000 -71.2% 0.2%
ALLIED MORTGAGE GROUP, INC. $4,740,000 $2,320,000 -51.1% 0.2%
Community Bank Delaware $2,275,000 n/a 0.2%
ABSOLUTE HOME MORTGAGE CORPORATION $6,600,000 $1,940,000 -70.6% 0.2%
TIDEMARK FEDERAL CREDIT UNION $505,000 $1,930,000 282.2% 0.2%
Waterstone Mortgage Corporation $1,275,000 $1,885,000 47.8% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,365,000 $1,875,000 37.4% 0.2%
BAY EQUITY LLC $650,000 $1,870,000 187.7% 0.2%
MidAtlantic Farm Credit, ACA $3,495,000 $1,760,000 -49.6% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,745,000 n/a 0.2%
FIRST HOME MORTGAGE CORPORATION $2,770,000 $1,730,000 -37.5% 0.2%
Paramount Residential Mortgage Group, Inc. $1,120,000 $1,715,000 53.1% 0.2%
POLICE & FIRE $755,000 $1,715,000 127.2% 0.2%
Huntingdon Valley Bank $13,090,000 $1,560,000 -88.1% 0.2%
First Shore Federal Savings and Loan Association $2,975,000 $1,555,000 -47.7% 0.1%
The Queenstown Bank of Maryland $155,000 $1,445,000 832.3% 0.1%
WesBanco $720,000 $1,435,000 99.3% 0.1%
VILLAGE CAPITAL MORTGAGE $3,150,000 $1,410,000 -55.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $1,350,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $1,615,000 $1,305,000 -19.2% 0.1%
ACADEMY MORTGAGE CORPORATION $225,000 $1,255,000 457.8% 0.1%
TRIAD FINANCIAL SERVICES, INC. $1,140,000 $1,240,000 8.8% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $1,220,000 n/a 0.1%
Acre Mortgage and Financial Inc $2,090,000 $1,175,000 -43.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,830,000 $1,150,000 -37.2% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,225,000 $1,130,000 -7.8% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $2,805,000 $1,120,000 -60.1% 0.1%
NORWICH COMMERCIAL GROUP, INC. $1,055,000 n/a 0.1%
Flagstar Bank, FSB $2,660,000 $1,045,000 -60.7% 0.1%
Artisans' Bank $2,130,000 $980,000 -54.0% 0.1%
GSF Mortgage Corporation $825,000 $935,000 13.3% 0.1%
Towne Bank $645,000 $905,000 40.3% 0.1%
LOANPAL, LLC $2,585,000 $885,000 -65.8% 0.1%
Truist $1,640,000 $875,000 -46.6% 0.1%
THE BANK OF DELMARVA $870,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,390,000 $865,000 -37.8% 0.1%
First Federal Bank $530,000 $855,000 61.3% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $415,000 $840,000 102.4% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,395,000 $835,000 -40.1% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $245,000 $830,000 238.8% 0.1%
MDE Home Loans, LLC $830,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $965,000 $800,000 -17.1% 0.1%
Presidential Bank, FSB $445,000 $800,000 79.8% 0.1%
U.S. Bank $2,245,000 $745,000 -66.8% 0.1%
Barrington Bank & Trust Company, N.A. $2,320,000 $720,000 -69.0% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $420,000 $705,000 67.9% 0.1%
Armed Forces Bank $1,045,000 $700,000 -33.0% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $800,000 $685,000 -14.4% 0.1%
PREMIA MORTGAGE, LLC $660,000 n/a 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $1,620,000 $640,000 -60.5% 0.1%
TOTAL MORTGAGE SERVICES, LLC $640,000 n/a 0.1%
Ally Bank $1,005,000 $610,000 -39.3% 0.1%
ABERDEEN PROVING GROUND FEDERAL CREDIT UNION $475,000 $605,000 27.4% 0.1%
Sandy Spring Bank $605,000 n/a 0.1%
S&T Bank $605,000 n/a 0.1%
First Savings Bank $2,070,000 $595,000 -71.3% 0.1%
LENDSURE MORTGAGE CORP. $675,000 $595,000 -11.9% 0.1%
State Financial Network, LLC $175,000 $590,000 237.1% 0.1%
FRANKLIN MINT $1,150,000 $535,000 -53.5% 0.1%
Ameris Bank $755,000 $530,000 -29.8% 0.1%
BETTER MORTGAGE CORPORATION $780,000 $525,000 -32.7% 0.1%
21ST MORTGAGE CORPORATION $1,140,000 $510,000 -55.3% 0.0%
PHH Mortgage Corporation $1,365,000 $510,000 -62.6% 0.0%
The People's Credit Union $125,000 $505,000 304.0% 0.0%
DOMINION FINANCIAL SERVICES, LLC $495,000 n/a 0.0%
SPRING EQ, LLC $2,055,000 $485,000 -76.4% 0.0%
Sun East Federal Credit Union $785,000 $480,000 -38.9% 0.0%
Aurora Financial, LLC $475,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $475,000 n/a 0.0%
SUMMIT FUNDING, INC. $295,000 $465,000 57.6% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $3,980,000 $460,000 -88.4% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $445,000 n/a 0.0%
Cornerstone First Mortgage, Inc $295,000 $435,000 47.5% 0.0%
DEEPHAVEN MORTGAGE LLC $265,000 $430,000 62.3% 0.0%
First National Bank of America $1,305,000 $430,000 -67.0% 0.0%
LENDINGONE, LLC $135,000 $430,000 218.5% 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $730,000 $415,000 -43.2% 0.0%
AMERICAN HERITAGE LENDING, INC. $125,000 $410,000 228.0% 0.0%
CONTOUR MORTGAGE CORPORATION $2,005,000 $410,000 -79.6% 0.0%
CHEVRON $405,000 n/a 0.0%
Paramount Bank $405,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $465,000 $400,000 -14.0% 0.0%
Century Mortgage Company DBA Century Lending Company $480,000 $395,000 -17.7% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $155,000 $395,000 154.8% 0.0%
BAY CAPITAL MORTGAGE CORPORATION $760,000 $385,000 -49.3% 0.0%
CITADEL FEDERAL CREDIT UNION $1,120,000 $385,000 -65.6% 0.0%
GREENTREE MORTGAGE COMPANY, L.P. $1,685,000 $380,000 -77.4% 0.0%
AmeriHome Mortgage Company, LLC $2,320,000 $375,000 -83.8% 0.0%
T2 FINANCIAL LLC $165,000 $365,000 121.2% 0.0%
DIRECT MORTGAGE LOANS, LLC $355,000 n/a 0.0%
Connexus Credit Union $350,000 n/a 0.0%
MEMBERS 1ST FEDERAL CREDIT UNION $575,000 $345,000 -40.0% 0.0%
RADIUS FINANCIAL GROUP INC. $345,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $335,000 n/a 0.0%
ADVANCIAL $325,000 n/a 0.0%
MCLEAN MORTGAGE CORPORATION $4,905,000 $325,000 -93.4% 0.0%
DEXSTA $315,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $115,000 $315,000 173.9% 0.0%
LENDING CAPITAL GROUP Inc $315,000 n/a 0.0%
Ballston Spa National Bank $490,000 $310,000 -36.7% 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $1,890,000 $310,000 -83.6% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $2,505,000 $290,000 -88.4% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $310,000 $285,000 -8.1% 0.0%
NEXERA HOLDING LLC $280,000 n/a 0.0%
Commerce Home Mortgage, Inc. $790,000 $275,000 -65.2% 0.0%
Financial Freedom Mortgage, LLC $1,770,000 $275,000 -84.5% 0.0%
AFFINITY $780,000 $265,000 -66.0% 0.0%
FIRST HERITAGE FINANCIAL, LLC $265,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $710,000 $265,000 -62.7% 0.0%
NATIONS DIRECT MORTGAGE, LLC $265,000 n/a 0.0%
US MORTGAGE CORPORATION $570,000 $255,000 -55.3% 0.0%
Mid Penn Bank $245,000 n/a 0.0%
ARC HOME LLC $235,000 n/a 0.0%
Bank of Whittier $365,000 $225,000 -38.4% 0.0%
Residential Mortgage Solutions, Inc. $660,000 $225,000 -65.9% 0.0%
Summit Mortgage Corporation $225,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $1,480,000 $225,000 -84.8% 0.0%
CRESCENT MORTGAGE COMPANY $215,000 n/a 0.0%
EQUITY RESOURCES, INC. $215,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $235,000 $215,000 -8.5% 0.0%
MY MORTGAGE, INC. $235,000 $210,000 -10.6% 0.0%
TRUMARK FINANCIAL CREDIT UNION $830,000 $210,000 -74.7% 0.0%
AMERICAN HERITAGE FCU $60,000 $205,000 241.7% 0.0%
Charles Schwab Bank, SSB $205,000 n/a 0.0%
NexBank $205,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $900,000 $205,000 -77.2% 0.0%
AMWEST FUNDING CORP. $400,000 $200,000 -50.0% 0.0%
VAN DYK MORTGAGE CORPORATION $630,000 $195,000 -69.0% 0.0%
BayVanguard Bank $185,000 n/a 0.0%
Bethpage Federal Credit Union $265,000 $180,000 -32.1% 0.0%
Atlantic Coast Mortgage, LLC $195,000 $175,000 -10.3% 0.0%
HomeTrust Bank $170,000 n/a 0.0%
Firstrust Savings Bank $165,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $200,000 $165,000 -17.5% 0.0%
DIGITAL Federal Credit Union $225,000 $155,000 -31.1% 0.0%
LONGBRIDGE FINANCIAL, LLC $440,000 $155,000 -64.8% 0.0%
OCMBC, INC. $470,000 $155,000 -67.0% 0.0%
Summit Community Bank, Inc. $155,000 n/a 0.0%
York Traditions Bank $145,000 n/a 0.0%
Citadel Servicing Corporation $135,000 n/a 0.0%
Service Federal Credit Union $130,000 n/a 0.0%
NASA Federal Credit Union $275,000 $110,000 -60.0% 0.0%
CORNING $105,000 n/a 0.0%
Watermark Capital, Inc. $95,000 $105,000 10.5% 0.0%
Centier Bank $120,000 $100,000 -16.7% 0.0%
THRIVE MORTGAGE, LLC $95,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $80,000 $90,000 12.5% 0.0%
PLANET HOME LENDING, LLC $1,405,000 $85,000 -94.0% 0.0%
SOUTHWEST STAGE FUNDING, LLC $85,000 n/a 0.0%
TOWER $420,000 $75,000 -82.1% 0.0%
CHERRY CREEK MORTGAGE, LLC $315,000 $65,000 -79.4% 0.0%
EVERENCE FEDERAL CREDIT UNION $55,000 n/a 0.0%
CREDIT UNION OF NEW JERSEY $45,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $45,000 n/a 0.0%
USAlliance Federal Credit Union $45,000 n/a 0.0%
APCI Federal Credit Union $35,000 n/a 0.0%

DOVER's top lender by overall market share is PIKE CREEK MORTGAGE SERVICES, INC., with 5.3% market share. In second place, with 5.1%, is NFM, INC., having originated $53,090,000 in loans. In third place, with 4.3%, is QUICKEN LOANS, LLC, having originated $45,025,000 in loans. In fourth place, with 4.1%, is Arbor Realty Trust, Inc., having originated $42,565,000 in loans. In fifth place, with 3.6%, is DHI MORTGAGE COMPANY, LTD., having originated $37,350,000 in loans.


DOVER Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - DOVER (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $241,425 (2.7%) $247,716 (3.8%) 0.90 837
2018-02-01 $244,700 (3.9%) $251,395 (6.0%) 0.89 811
2018-03-01 $249,943 (4.2%) $255,908 (6.0%) 0.88 804
2018-04-01 $252,450 (3.4%) $254,309 (2.8%) 0.86 857
2018-05-01 $259,950 (6.2%) $263,966 (6.5%) 0.87 857
2018-06-01 $259,900 (6.7%) $261,975 (5.9%) 0.87 937
2018-07-01 $262,975 (7.9%) $264,502 (6.5%) 0.88 956
2018-08-01 $259,948 (6.1%) $263,072 (4.5%) 0.87 970
2018-09-01 $259,900 (6.3%) $261,929 (4.9%) 0.87 948
2018-10-01 $259,900 (7.9%) $262,898 (6.1%) 0.88 957
2018-11-01 $263,650 (9.4%) $269,053 (8.4%) 0.89 916
2018-12-01 $260,000 (8.3%) $268,827 (8.0%) 0.90 808
2019-01-01 $263,050 (9.0%) $270,271 (9.1%) 0.91 727
2019-02-01 $262,945 (7.5%) $272,098 (8.2%) 0.89 697
2019-03-01 $264,851 (6.0%) $276,112 (7.9%) 0.87 719
2019-04-01 $267,161 (5.8%) $280,533 (10.3%) 0.85 737
2019-05-01 $271,623 (4.5%) $283,833 (7.5%) 0.85 743
2019-06-01 $270,388 (4.0%) $285,474 (9.0%) 0.85 740
2019-07-01 $269,938 (2.7%) $288,186 (9.0%) 0.85 744
2019-08-01 $270,745 (4.2%) $285,245 (8.4%) 0.86 737
2019-09-01 $272,014 (4.7%) $280,855 (7.2%) 0.87 714
2019-10-01 $272,859 (5.0%) $277,929 (5.7%) 0.88 693
2019-11-01 $269,900 (2.4%) $271,946 (1.1%) 0.88 678
2019-12-01 $269,675 (3.7%) $270,796 (0.7%) 0.90 630
2020-01-01 $273,400 (3.9%) $275,941 (2.1%) 0.91 589
2020-02-01 $274,900 (4.6%) $273,572 (0.5%) 0.90 566
2020-03-01 $277,900 (4.9%) $277,387 (0.5%) 0.87 546
2020-04-01 $279,445 (4.6%) $282,164 (0.6%) 0.88 508
2020-05-01 $277,500 (2.2%) $282,236 (-0.6%) 0.84 496
2020-06-01 $284,823 (5.3%) $288,246 (1.0%) 0.84 463
2020-07-01 $284,900 (5.5%) $292,629 (1.5%) 0.83 475
2020-08-01 $295,000 (9.0%) $301,399 (5.7%) 0.85 420
2020-09-01 $298,950 (9.9%) $308,329 (9.8%) 0.86 381
2020-10-01 $299,900 (9.9%) $306,190 (10.2%) 0.86 375
2020-11-01 $305,750 (13.3%) $314,441 (15.6%) 0.89 353
2020-12-01 $307,900 (14.2%) $313,074 (15.6%) 0.92 330
2021-01-01 $314,900 (15.2%) $322,801 (17.0%) 0.94 231
2021-02-01 $318,663 (15.9%) $327,468 (19.7%) 0.93 232
2021-03-01 $332,975 (19.8%) $346,952 (25.1%) 0.94 200
2021-04-01 $349,950 (25.2%) $360,630 (27.8%) 0.95 219
2021-05-01 $342,450 (23.4%) $353,452 (25.2%) 0.91 195
2021-06-01 $360,549 (26.6%) $370,707 (28.6%) 0.95 254
2021-07-01 $360,000 (26.4%) $373,212 (27.5%) 0.95 273
2021-08-01 $371,900 (26.1%) $401,702 (33.3%) 0.99 301
2021-09-01 $367,675 (23.0%) $397,364 (28.9%) 0.98 304
2021-10-01 $367,900 (22.7%) $391,998 (28.0%) 0.98 307
2021-11-01 $355,250 (16.2%) $394,882 (25.6%) 0.95 301
2021-12-01 $366,950 (19.2%) $406,457 (29.8%) 0.99 277
2022-01-01 $371,216 (17.9%) $418,314 (29.6%) 1.00 256
2022-02-01 $396,998 (24.6%) $438,008 (33.8%) 1.03 240
2022-03-01 $415,173 (24.7%) $452,559 (30.4%) 1.04 218
2022-04-01 $399,900 (14.3%) $446,726 (23.9%) 0.95 220
2022-05-01 $398,572 (16.4%) $432,333 (22.3%) 0.91 295
2022-06-01 $399,925 (10.9%) $427,203 (15.2%) 0.89 307
2022-07-01 $400,000 (11.1%) $419,051 (12.3%) 0.90 345
2022-08-01 $395,000 (6.2%) $415,987 (3.6%) 0.91 372
2022-09-01 $390,000 (6.1%) $414,895 (4.4%) 0.91 355
2022-10-01 $393,900 (7.1%) $415,506 (6.0%) 0.93 352
2022-11-01 $381,250 (7.3%) $402,505 (1.9%) 0.92 397
2022-12-01 $385,000 (4.9%) $404,352 (-0.5%) 0.95 356
2023-01-01 $399,850 (7.7%) $408,780 (-2.3%) 0.99 334
2023-02-01 $397,225 (0.1%) $406,563 (-7.2%) 0.96 328
2023-03-01 $397,450 (-4.3%) $410,490 (-9.3%) 0.94 299
2023-04-01 $407,500 (1.9%) $419,820 (-6.0%) 0.95 281
2023-05-01 $417,225 (4.7%) $428,358 (-0.9%) 0.95 298
2023-06-01 $418,200 (4.6%) $432,345 (1.2%) 0.94 308
2023-07-01 $407,077 (1.8%) $428,567 (2.3%) 0.93 322
2023-08-01 $417,769 (5.8%) $438,654 (5.5%) 0.96 315
2023-09-01 $415,000 (6.4%) $433,127 (4.4%) 0.97 351
2023-10-01 $417,450 (6.0%) $438,421 (5.5%) 0.98 381
2023-11-01 $415,000 (8.9%) $441,807 (9.8%) 0.99 383
2023-12-01 $409,250 (6.3%) $443,711 (9.7%) 1.00 385
2024-01-01 $412,250 (3.1%) $432,711 (5.9%) 1.01 355
2024-02-01 $417,875 (5.2%) $437,181 (7.5%) 1.01 364
2024-03-01 $421,450 (6.0%) $442,171 (7.7%) 0.99 356
2024-04-01 $426,400 (4.6%) $448,367 (6.8%) 0.99 354
2024-05-01 $425,000 (1.9%) $446,093 (4.1%) 0.96 359
2024-06-01 $422,900 (1.1%) $448,317 (3.7%) 0.95 393
2024-07-01 $421,975 (3.7%) $449,159 (4.8%) 0.96 401
2024-08-01 $415,000 (-0.7%) $448,962 (2.4%) 0.97 413
2024-09-01 $412,450 (-0.6%) $447,082 (3.2%) 0.97 439
2024-10-01 $408,000 (-2.3%) $443,539 (1.2%) 0.96 467
DOVER's median listing price for 2024-10-01 was $408,000, a difference of $-9,450 (-2.3%) versus the prior year and $-4,450 versus the prior month.

DOVER's median listing price comes in at 96% of the national average.

DOVER's average listing price for 2024-10-01 was $443,539, a difference of $5,118 (1.2%) versus the prior year and $-3,543 versus the prior month.

For the 2024-10-01 period, DOVER had 467 MLS listings, a difference of 28 listings (6%) versus the prior month and 86 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - DOVER (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 96 days 1,889 sqft
2018-02-01 88 days 1,884 sqft
2018-03-01 67 days 1,914 sqft
2018-04-01 63 days 1,908 sqft
2018-05-01 61 days 1,998 sqft
2018-06-01 64 days 2,001 sqft
2018-07-01 66 days 2,011 sqft
2018-08-01 69 days 1,987 sqft
2018-09-01 75 days 1,958 sqft
2018-10-01 77 days 1,939 sqft
2018-11-01 82 days 1,936 sqft
2018-12-01 95 days 1,904 sqft
2019-01-01 97 days 1,892 sqft
2019-02-01 102 days 1,910 sqft
2019-03-01 85 days 1,960 sqft
2019-04-01 65 days 2,003 sqft
2019-05-01 59 days 1,961 sqft
2019-06-01 64 days 1,954 sqft
2019-07-01 67 days 1,957 sqft
2019-08-01 68 days 1,946 sqft
2019-09-01 68 days 1,948 sqft
2019-10-01 70 days 1,950 sqft
2019-11-01 74 days 1,920 sqft
2019-12-01 84 days 1,936 sqft
2020-01-01 82 days 1,917 sqft
2020-02-01 64 days 1,903 sqft
2020-03-01 52 days 1,911 sqft
2020-04-01 59 days 1,947 sqft
2020-05-01 60 days 1,960 sqft
2020-06-01 48 days 1,970 sqft
2020-07-01 38 days 2,018 sqft
2020-08-01 41 days 2,029 sqft
2020-09-01 53 days 1,960 sqft
2020-10-01 54 days 1,962 sqft
2020-11-01 51 days 1,980 sqft
2020-12-01 55 days 2,023 sqft
2021-01-01 63 days 2,002 sqft
2021-02-01 43 days 2,037 sqft
2021-03-01 48 days 2,019 sqft
2021-04-01 42 days 2,189 sqft
2021-05-01 34 days 1,992 sqft
2021-06-01 38 days 2,177 sqft
2021-07-01 36 days 2,139 sqft
2021-08-01 25 days 2,194 sqft
2021-09-01 29 days 2,131 sqft
2021-10-01 36 days 2,117 sqft
2021-11-01 45 days 2,068 sqft
2021-12-01 53 days 2,088 sqft
2022-01-01 60 days 2,149 sqft
2022-02-01 49 days 2,195 sqft
2022-03-01 31 days 2,217 sqft
2022-04-01 35 days 2,200 sqft
2022-05-01 31 days 2,076 sqft
2022-06-01 38 days 2,138 sqft
2022-07-01 37 days 2,180 sqft
2022-08-01 36 days 2,115 sqft
2022-09-01 50 days 2,098 sqft
2022-10-01 52 days 2,011 sqft
2022-11-01 43 days 1,988 sqft
2022-12-01 57 days 2,001 sqft
2023-01-01 63 days 2,040 sqft
2023-02-01 50 days 1,994 sqft
2023-03-01 50 days 2,011 sqft
2023-04-01 40 days 2,010 sqft
2023-05-01 32 days 2,014 sqft
2023-06-01 38 days 2,044 sqft
2023-07-01 43 days 2,000 sqft
2023-08-01 50 days 2,046 sqft
2023-09-01 45 days 2,026 sqft
2023-10-01 49 days 2,067 sqft
2023-11-01 51 days 2,021 sqft
2023-12-01 58 days 2,000 sqft
2024-01-01 68 days 2,003 sqft
2024-02-01 64 days 2,080 sqft
2024-03-01 51 days 2,100 sqft
2024-04-01 44 days 2,088 sqft
2024-05-01 41 days 2,100 sqft
2024-06-01 44 days 2,026 sqft
2024-07-01 50 days 2,018 sqft
2024-08-01 49 days 1,990 sqft
2024-09-01 45 days 1,982 sqft
2024-10-01 44 days 1,978 sqft
DOVER's median listing age (time on market) for 2024-10-01 was 44 days. This is -11% shorter than the same period one year ago.

DOVER's median square footage for active listings during the 2024-10-01 period was 1,978 sqft. One year prior, the average listing was 2,067 sqft.

DOVER, DE Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
19901 Dover, DE MSA $1,030 $1,030 $1,240 $1,760 $1,990
19902 Dover, DE MSA $980 $980 $1,180 $1,680 $1,890
19903 Dover, DE MSA $980 $980 $1,180 $1,680 $1,890
19904 Dover, DE MSA $980 $980 $1,180 $1,680 $1,890
19934 Dover, DE MSA $1,100 $1,110 $1,330 $1,890 $2,130
19936 Dover, DE MSA $790 $790 $950 $1,350 $1,520
19938 Dover, DE MSA $1,060 $1,080 $1,290 $1,810 $2,040
19943 Dover, DE MSA $960 $970 $1,160 $1,650 $1,860
19946 Dover, DE MSA $990 $990 $1,190 $1,690 $1,910
19950 Dover, DE MSA $790 $860 $1,110 $1,480 $1,770
19952 Dover, DE MSA $900 $910 $1,090 $1,550 $1,750
19953 Dover, DE MSA $920 $920 $1,110 $1,580 $1,780
19954 Dover, DE MSA $920 $920 $1,110 $1,580 $1,780
19955 Dover, DE MSA $1,060 $1,080 $1,290 $1,810 $2,040
19961 Dover, DE MSA $980 $980 $1,180 $1,680 $1,890
19962 Dover, DE MSA $890 $900 $1,080 $1,530 $1,730
19963 Dover, DE MSA $790 $850 $1,080 $1,460 $1,720
19964 Dover, DE MSA $770 $780 $910 $1,290 $1,490
19977 Dover, DE MSA $990 $1,020 $1,230 $1,700 $1,920
19979 Dover, DE MSA $900 $910 $1,090 $1,550 $1,750
19980 Dover, DE MSA $980 $980 $1,180 $1,680 $1,890

2022 Average & Median Rent Data Statistics
DOVER, DE average 1BR rent: $953, median: $980
DOVER, DE average 2BR rent: $1,150, median: $1,180
DOVER, DE average 3BR rent: $1,623, median: $1,680

DOVER, DE Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,532 $759,060,000 $299,787
Cash Out Refi 490 $151,570,000 $309,327
Home Improvement 477 $43,865,000 $91,960
Other 350 $30,990,000 $88,543
Refi 272 $53,600,000 $197,059

Dover's most frequently cited loan purpose was Home Purchase, with 2,532 originations. The 2nd most popular reason was Cash Out Refi, with 490 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,550 $442,660,000 $285,587
7-8% 932 $232,400,000 $249,356
Over 8% 760 $77,200,000 $101,579
5-6% 652 $239,570,000 $367,439
4-5% 80 $23,180,000 $289,750
<2.5% 35 $775,000 $22,143
3-4% 11 $6,705,000 $609,545
2.5-3% 9 $1,915,000 $212,778

During 2023, Dover's most frequently originated rate bucket was 6-7%, with 1,550 originations.

Loan Sizing (DOVER, DE MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,926 $563,360,000 $292,503
$100,000 or less 900 $48,050,000 $53,389
$100k-200k 755 $112,245,000 $148,669
$400k-600k 483 $220,905,000 $457,360
$600k-1000k 51 $34,045,000 $667,549
$Over $1MM 6 $60,480,000 $10,080,000

DOVER's loan sizing saw the bucket of loans from $200k-400k with 1,926 originations, totaling $563,360,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,814 $583,100,000 $321,444
60-80% 652 $216,970,000 $332,776
Under 20% 626 $36,370,000 $58,099
20-40% 397 $48,755,000 $122,809
40-60% 310 $62,410,000 $201,323
Over 100% 194 $72,830,000 $375,412

DOVER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,814 originations, totaling $583,100,000 in origination value.