DOVER Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dover averaged
6.9%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.9% and
one month ago for the week of 2025-05-29, the
average rate was 7.12%.
Dover's average rate one year ago was 7.09%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.32%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Dover 30 Year Fixed Rate | 2025-07-03 | 6.9% |
| Dover 30 Year Fixed Rate Refi | 2025-07-03 | 7.32% |
| Dover 15 Year Fixed Rate | 2025-07-03 | 5.7% |
| Dover 15 Year Fixed Rate Refi | 2025-07-03 | 6.3% |
| Dover 30 Year FHA | 2025-07-03 | -0.01% |
| Dover 30 Year FHA Refi | 2025-07-03 | -0.48% |
| Dover 30 Year USDA | 2025-07-03 | -0.1% |
| Dover 30 Year USDA Refi | 2025-07-03 | 0.2% |
| Dover 30 Year VA | 2025-07-03 | 0.01% |
| Dover 30 Year VA Refi | 2025-07-03 | -0.31% |
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.).
DOVER Average Closing Costs & Other Stats
DOVER, DE's 135 lenders originated 4,531
loans during 2024. The total origination value was $1,194,665,000, with an average loan value of
$263,665.
DOVER's average closing costs are $7,348.
The top DOVER lender as defined by loan originations is QUICKEN LOANS, LLC, with
90 loans originated. Their average total fees are
$7,461, which is $1,011
lower than the next largest lender,
PIKE CREEK MORTGAGE SERVICES, INC..
The lowest fee DOVER lenders (with over 10 loans originated) are
Wilmington Savings Fund Society, FSB ($4,314), DEL-ONE FEDERAL CREDIT UNION ($4,405), Dover Federal Credit Union ($4,960), DHI MORTGAGE COMPANY, LTD. ($5,123) and TD Bank ($5,491).
The lowest rate DOVER lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.91%), EAGLE HOME MORTGAGE, LLC (6.05%), Dover Federal Credit Union (6.14%), Wells Fargo Bank (6.39%) and Wilmington Savings Fund Society, FSB (6.45%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $45,025,000 | $67,345,000 | 49.6% | 5.6% |
| Keystone Funding, Inc. | $21,590,000 | $62,385,000 | 189.0% | 5.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $24,590,000 | $61,075,000 | 148.4% | 5.1% |
| PIKE CREEK MORTGAGE SERVICES, INC. | $54,950,000 | $55,645,000 | 1.3% | 4.7% |
| NVR Mortgage Finance, Inc. | $34,380,000 | $41,495,000 | 20.7% | 3.5% |
| WALKER & DUNLOP, LLC | $35,770,000 | n/a | 3.0% | |
| GUILD MORTGAGE COMPANY | $29,760,000 | $33,875,000 | 13.8% | 2.8% |
| Meridian Bank Corporation | $26,180,000 | $30,835,000 | 17.8% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $9,430,000 | $30,420,000 | 222.6% | 2.5% |
| DHI MORTGAGE COMPANY, LTD. | $37,350,000 | $29,900,000 | -19.9% | 2.5% |
| Mortgage Research Center, LLC | $19,310,000 | $28,685,000 | 48.5% | 2.4% |
| Wilmington Savings Fund Society, FSB | $21,845,000 | $26,200,000 | 19.9% | 2.2% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $11,915,000 | $22,840,000 | 91.7% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $14,170,000 | $21,835,000 | 54.1% | 1.8% |
| MOVEMENT MORTGAGE, LLC | $17,935,000 | $20,995,000 | 17.1% | 1.8% |
| EAGLE HOME MORTGAGE, LLC | $7,275,000 | $18,940,000 | 160.3% | 1.6% |
| DEL-ONE FEDERAL CREDIT UNION | $16,865,000 | $18,790,000 | 11.4% | 1.6% |
| GREYSTONE SERVICING COMPANY LLC | $17,815,000 | n/a | 1.5% | |
| CROSSCOUNTRY MORTGAGE, LLC | $11,745,000 | $17,125,000 | 45.8% | 1.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $15,240,000 | $16,960,000 | 11.3% | 1.4% |
| NEWREZ LLC | $14,835,000 | $16,390,000 | 10.5% | 1.4% |
| Citizens Bank | $19,300,000 | $16,185,000 | -16.1% | 1.4% |
| NAVY FEDERAL CREDIT UNION | $12,835,000 | $16,175,000 | 26.0% | 1.4% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $14,845,000 | $14,315,000 | -3.6% | 1.2% |
| LOANDEPOT.COM, LLC | $13,750,000 | $14,225,000 | 3.5% | 1.2% |
| M&T Bank | $14,710,000 | $13,665,000 | -7.1% | 1.1% |
| PNC Bank | $13,300,000 | $13,115,000 | -1.4% | 1.1% |
| CARDINAL FINANCIAL | $18,010,000 | $12,340,000 | -31.5% | 1.0% |
| American Mortgage & Equity Consultants, Inc. | $11,950,000 | n/a | 1.0% | |
| CMG MORTGAGE, INC. | $10,620,000 | $11,835,000 | 11.4% | 1.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $11,530,000 | $11,830,000 | 2.6% | 1.0% |
| NFM, INC. | $53,090,000 | $10,490,000 | -80.2% | 0.9% |
| NATION ONE MORTGAGE CORPORATION | $4,305,000 | $9,655,000 | 124.3% | 0.8% |
| Prosperity Home Mortgage, LLC | $9,260,000 | $9,635,000 | 4.0% | 0.8% |
| Shore United Bank | $11,545,000 | $9,435,000 | -18.3% | 0.8% |
| Evolve Bank & Trust | $10,860,000 | $8,925,000 | -17.8% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,950,000 | $8,905,000 | 12.0% | 0.7% |
| Dover Federal Credit Union | $10,230,000 | $8,650,000 | -15.4% | 0.7% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,745,000 | $7,990,000 | 357.9% | 0.7% |
| ALLIED MORTGAGE GROUP, INC. | $2,320,000 | $7,920,000 | 241.4% | 0.7% |
| TD Bank | $6,095,000 | $7,645,000 | 25.4% | 0.6% |
| VILLAGE CAPITAL MORTGAGE | $1,410,000 | $7,470,000 | 429.8% | 0.6% |
| JPMorgan Chase Bank | $3,985,000 | $7,395,000 | 85.6% | 0.6% |
| HOMESIDE FINANCIAL, LLC | $5,470,000 | $7,350,000 | 34.4% | 0.6% |
| First National Bank of Pennsylvania | $2,960,000 | $7,305,000 | 146.8% | 0.6% |
| TIDEMARK FEDERAL CREDIT UNION | $1,930,000 | $7,145,000 | 270.2% | 0.6% |
| MICHIGAN MUTUAL, INC. | $7,010,000 | n/a | 0.6% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $14,675,000 | $6,900,000 | -53.0% | 0.6% |
| Wells Fargo Bank | $5,985,000 | $6,885,000 | 15.0% | 0.6% |
| Fulton Bank | $6,315,000 | $6,635,000 | 5.1% | 0.6% |
| The Federal Savings Bank | $4,695,000 | $6,505,000 | 38.6% | 0.5% |
| BROKER SOLUTIONS, INC. | $6,690,000 | $6,440,000 | -3.7% | 0.5% |
| MDE Home Loans, LLC | $830,000 | $5,590,000 | 573.5% | 0.5% |
| Equity Prime Mortgage LLC | $14,075,000 | $4,700,000 | -66.6% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $395,000 | $4,555,000 | 1,053.2% | 0.4% |
| NEW DAY FINANCIAL, LLC | $3,775,000 | $4,410,000 | 16.8% | 0.4% |
| Discover Bank | $2,820,000 | $4,370,000 | 55.0% | 0.4% |
| EMBRACE HOME LOANS, INC. | $4,565,000 | $4,275,000 | -6.4% | 0.4% |
| Flagstar Bank, FSB | $1,045,000 | $4,195,000 | 301.4% | 0.4% |
| Carrington Mortgage Services, LLC | $4,820,000 | $3,830,000 | -20.5% | 0.3% |
| MLD MORTGAGE INC. | $3,750,000 | n/a | 0.3% | |
| Plains Commerce Bank | $3,540,000 | $3,520,000 | -0.6% | 0.3% |
| GUARANTEED RATE, INC. | $2,505,000 | $3,495,000 | 39.5% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $3,995,000 | $3,485,000 | -12.8% | 0.3% |
| Magnolia Bank | $2,530,000 | $3,390,000 | 34.0% | 0.3% |
| USAA Federal Savings Bank | $3,455,000 | $3,335,000 | -3.5% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $1,715,000 | $3,280,000 | 91.3% | 0.3% |
| PLANET HOME LENDING, LLC | $85,000 | $3,085,000 | 3,529.4% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $865,000 | $3,010,000 | 248.0% | 0.3% |
| FIRST HOME MORTGAGE CORPORATION | $1,730,000 | $2,995,000 | 73.1% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $2,800,000 | $2,960,000 | 5.7% | 0.2% |
| Bank of America | $3,885,000 | $2,880,000 | -25.9% | 0.2% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $1,940,000 | $2,735,000 | 41.0% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $5,685,000 | $2,710,000 | -52.3% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,615,000 | $2,690,000 | 2.9% | 0.2% |
| Waterstone Mortgage Corporation | $1,885,000 | $2,645,000 | 40.3% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $4,045,000 | $2,625,000 | -35.1% | 0.2% |
| Acre Mortgage and Financial Inc | $1,175,000 | $2,530,000 | 115.3% | 0.2% |
| The Loan Store, Inc. | $2,505,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,375,000 | n/a | 0.2% | |
| LOANPAL, LLC | $885,000 | $2,245,000 | 153.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,150,000 | $2,230,000 | 93.9% | 0.2% |
| Nations Lending Corporation | $6,825,000 | $2,205,000 | -67.7% | 0.2% |
| MidAtlantic Farm Credit, ACA | $1,760,000 | $2,190,000 | 24.4% | 0.2% |
| AmeriHome Mortgage Company, LLC | $375,000 | $2,145,000 | 472.0% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,120,000 | $2,135,000 | 90.6% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $1,130,000 | $1,970,000 | 74.3% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,960,000 | n/a | 0.2% | |
| PHH Mortgage Corporation | $510,000 | $1,910,000 | 274.5% | 0.2% |
| NEW FED MORTGAGE, CORP. | $1,880,000 | n/a | 0.2% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,220,000 | $1,835,000 | 50.4% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $5,725,000 | $1,830,000 | -68.0% | 0.2% |
| NBKC BANK | $3,450,000 | $1,710,000 | -50.4% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $720,000 | $1,645,000 | 128.5% | 0.1% |
| First Shore Federal Savings and Loan Association | $1,555,000 | $1,635,000 | 5.1% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,625,000 | n/a | 0.1% | |
| First Farmers Bank and Trust Company | $1,535,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $2,755,000 | $1,505,000 | -45.4% | 0.1% |
| First Federal Bank | $855,000 | $1,450,000 | 69.6% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,875,000 | $1,440,000 | -23.2% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,035,000 | $1,375,000 | -54.7% | 0.1% |
| Univest Bank and Trust Co. | $1,325,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $1,240,000 | $1,305,000 | 5.2% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $800,000 | $1,280,000 | 60.0% | 0.1% |
| EMM LOANS LLC | $10,610,000 | $1,270,000 | -88.0% | 0.1% |
| Capital Bank | $2,510,000 | $1,255,000 | -50.0% | 0.1% |
| NP, Inc. | $1,170,000 | n/a | 0.1% | |
| OCMBC, INC. | $155,000 | $1,145,000 | 638.7% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $685,000 | $1,130,000 | 65.0% | 0.1% |
| First Citizens Community Bank | $6,295,000 | $1,125,000 | -82.1% | 0.1% |
| The Gratz Bank | $1,070,000 | n/a | 0.1% | |
| POLICE & FIRE | $1,715,000 | $1,025,000 | -40.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $225,000 | $1,015,000 | 351.1% | 0.1% |
| Armed Forces Bank | $700,000 | $990,000 | 41.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $3,760,000 | $990,000 | -73.7% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $990,000 | n/a | 0.1% | |
| DEXSTA | $315,000 | $970,000 | 207.9% | 0.1% |
| FREEDOM CREDIT UNION | $950,000 | n/a | 0.1% | |
| Ixonia Bank | $21,170,000 | $925,000 | -95.6% | 0.1% |
| 21ST MORTGAGE CORPORATION | $510,000 | $905,000 | 77.5% | 0.1% |
| FINANCIAL RESOURCES FEDERAL CREDIT UNION | $885,000 | n/a | 0.1% | |
| U.S. Bank | $745,000 | $875,000 | 17.4% | 0.1% |
| City Lending Inc. | $845,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $280,000 | $835,000 | 198.2% | 0.1% |
| LENDINGONE, LLC | $430,000 | $825,000 | 91.9% | 0.1% |
| GREENTREE MORTGAGE COMPANY, L.P. | $380,000 | $790,000 | 107.9% | 0.1% |
| Northpointe Bank | $8,395,000 | $760,000 | -90.9% | 0.1% |
| Texana Bank | $760,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $1,305,000 | $750,000 | -42.5% | 0.1% |
| CITADEL FEDERAL CREDIT UNION | $385,000 | $740,000 | 92.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $1,350,000 | $740,000 | -45.2% | 0.1% |
| Cornerstone First Mortgage, Inc | $435,000 | $730,000 | 67.8% | 0.1% |
| FIRST SAVINGS MORTGAGE CORPORATION | $695,000 | n/a | 0.1% | |
| TruHome Solutions, LLC | $690,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $205,000 | $690,000 | 236.6% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $355,000 | $680,000 | 91.5% | 0.1% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $310,000 | $680,000 | 119.4% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $675,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $525,000 | $665,000 | 26.7% | 0.1% |
| North American Savings Bank, F.S.B. | $655,000 | n/a | 0.1% | |
| OAKTREE FUNDING CORP. | $645,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $485,000 | $595,000 | 22.7% | 0.0% |
| Truist | $875,000 | $595,000 | -32.0% | 0.0% |
| Figure Lending LLC | $590,000 | n/a | 0.0% | |
| PHILADELPHIA | $575,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $570,000 | n/a | 0.0% | |
| Citibank | $5,130,000 | $560,000 | -89.1% | 0.0% |
| Credence Funding Corporation | $545,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $275,000 | $540,000 | 96.4% | 0.0% |
| TRUMARK FINANCIAL CREDIT UNION | $210,000 | $535,000 | 154.8% | 0.0% |
| Citadel Servicing Corporation | $135,000 | $525,000 | 288.9% | 0.0% |
| ENVOY MORTGAGE, LTD | $520,000 | n/a | 0.0% | |
| Artisans' Bank | $980,000 | $510,000 | -48.0% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $290,000 | $505,000 | 74.1% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $430,000 | $490,000 | 14.0% | 0.0% |
| BOND STREET MORTGAGE, LLC | $485,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $660,000 | $485,000 | -26.5% | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $830,000 | $480,000 | -42.2% | 0.0% |
| Ballston Spa National Bank | $310,000 | $475,000 | 53.2% | 0.0% |
| OceanFirst Bank | $475,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $440,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $225,000 | $440,000 | 95.6% | 0.0% |
| SUN Federal Credit Union | $440,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $435,000 | n/a | 0.0% | |
| South State Bank | $425,000 | n/a | 0.0% | |
| Sun East Federal Credit Union | $480,000 | $415,000 | -13.5% | 0.0% |
| The Huntington National Bank | $415,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $595,000 | $405,000 | -31.9% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $395,000 | $400,000 | 1.3% | 0.0% |
| TOWER | $75,000 | $400,000 | 433.3% | 0.0% |
| CIBM Bank | $395,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $390,000 | n/a | 0.0% | |
| Leader Bank | $385,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $285,000 | $380,000 | 33.3% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $410,000 | $370,000 | -9.8% | 0.0% |
| AMERICAN FINANCING CORPORATION | $365,000 | n/a | 0.0% | |
| Firstrust Savings Bank | $165,000 | $365,000 | 121.2% | 0.0% |
| Philadelphia Mortgage Advisors, Inc. | $365,000 | n/a | 0.0% | |
| The Dart Bank | $365,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $495,000 | $360,000 | -27.3% | 0.0% |
| GSF Mortgage Corporation | $935,000 | $355,000 | -62.0% | 0.0% |
| Mortgage America, Inc. | $355,000 | n/a | 0.0% | |
| NJ LENDERS CORP. | $355,000 | n/a | 0.0% | |
| AFFINITY | $265,000 | $345,000 | 30.2% | 0.0% |
| BAY EQUITY LLC | $1,870,000 | $345,000 | -81.6% | 0.0% |
| First Savings Bank | $595,000 | $345,000 | -42.0% | 0.0% |
| Old National Bank | $345,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $345,000 | n/a | 0.0% | |
| The People's Credit Union | $505,000 | $345,000 | -31.7% | 0.0% |
| AmRes Corporation | $335,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $200,000 | $335,000 | 67.5% | 0.0% |
| LIMA ONE CAPITAL, LLC | $165,000 | $330,000 | 100.0% | 0.0% |
| COMMUNITY FIRST CREDIT UNION OF FLO | $325,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $325,000 | n/a | 0.0% | |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $445,000 | $315,000 | -29.2% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $640,000 | $315,000 | -50.8% | 0.0% |
| UNITED MORTGAGE CORP | $305,000 | n/a | 0.0% | |
| Logan Finance Corporation | $300,000 | n/a | 0.0% | |
| MORTGAGE EQUITY PARTNERS LLC | $285,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $280,000 | n/a | 0.0% | |
| Burke & Herbert Bank & Trust Company | $275,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $265,000 | $275,000 | 3.8% | 0.0% |
| TOWNE MORTGAGE COMPANY | $275,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $410,000 | $255,000 | -37.8% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $400,000 | $255,000 | -36.3% | 0.0% |
| Kearny Bank | $255,000 | n/a | 0.0% | |
| The Queenstown Bank of Maryland | $1,445,000 | $255,000 | -82.4% | 0.0% |
| Southwest Airlines Federal Credit Union | $245,000 | n/a | 0.0% | |
| Gateway First Bank | $235,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $235,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $315,000 | $215,000 | -31.7% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $215,000 | $215,000 | 0.0% | 0.0% |
| GTE Federal Credit Union | $210,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $205,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $195,000 | n/a | 0.0% | |
| Ally Bank | $610,000 | $185,000 | -69.7% | 0.0% |
| COMMUNITY POWERED | $185,000 | n/a | 0.0% | |
| East Coast Capital Corp. | $175,000 | n/a | 0.0% | |
| First National Bank of America | $430,000 | $175,000 | -59.3% | 0.0% |
| SILVER HILL FUNDING, LLC | $175,000 | n/a | 0.0% | |
| FIDELITY DIRECT MORTGAGE, LLC | $705,000 | $165,000 | -76.6% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $165,000 | n/a | 0.0% | |
| ABERDEEN PROVING GROUND FEDERAL CREDIT UNION | $605,000 | $160,000 | -73.6% | 0.0% |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION | $155,000 | n/a | 0.0% | |
| AgFirst Farm Credit Bank | $145,000 | n/a | 0.0% | |
| Florida Capital Bank | $145,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $640,000 | $135,000 | -78.9% | 0.0% |
| Fifth Third Bank | $125,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | $115,000 | -25.8% | 0.0% |
| DIGITAL Federal Credit Union | $155,000 | $105,000 | -32.3% | 0.0% |
| HomeTrust Bank | $170,000 | $105,000 | -38.2% | 0.0% |
| LAFAYETTE FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $105,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $75,000 | n/a | 0.0% | |
| EDUCATIONAL SYSTEMS | $75,000 | n/a | 0.0% | |
| FIRST ATLANTIC FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $65,000 | n/a | 0.0% | |
| Diamond Credit Union | $60,000 | n/a | 0.0% | |
| Ardent Federal Credit Union | $45,000 | n/a | 0.0% | |
| AMERICAN HERITAGE FCU | $205,000 | $15,000 | -92.7% | 0.0% |
DOVER's top lender by overall market share is QUICKEN LOANS, LLC, with 5.6% market share. In second place, with 5.2%, is Keystone Funding, Inc., having originated $62,385,000 in loans. In third place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $61,075,000 in loans. In fourth place, with 4.7%, is PIKE CREEK MORTGAGE SERVICES, INC., having originated $55,645,000 in loans. In fifth place, with 3.5%, is NVR Mortgage Finance, Inc., having originated $41,495,000 in loans.
DOVER, DE Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,455 | $774,575,000 | $315,509 |
| Cash Out Refi | 647 | $148,345,000 | $229,281 |
| Refi | 572 | $199,850,000 | $349,388 |
| Home Improvement | 457 | $38,675,000 | $84,628 |
| Other | 400 | $33,220,000 | $83,050 |
Dover's most frequently cited loan purpose was Home Purchase, with 2,455 originations. The 2nd most popular reason was Cash Out Refi, with 647 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,637 | $527,015,000 | $321,940 |
| Over 8% | 988 | $97,970,000 | $99,160 |
| 5-6% | 970 | $347,170,000 | $357,907 |
| 7-8% | 690 | $172,100,000 | $249,420 |
| 4-5% | 88 | $30,490,000 | $346,477 |
| <2.5% | 42 | $1,270,000 | $30,238 |
| 3-4% | 11 | $2,215,000 | $201,364 |
| 2.5-3% | 8 | $1,850,000 | $231,250 |
During 2024, Dover's most frequently originated rate bucket was 6-7%, with 1,637 originations.
Loan Sizing (DOVER, DE MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,101 | $625,825,000 | $297,870 |
| $100,000 or less | 976 | $52,570,000 | $53,863 |
| $100k-200k | 715 | $104,395,000 | $146,007 |
| $400k-600k | 659 | $304,205,000 | $461,616 |
| $600k-1000k | 71 | $49,045,000 | $690,775 |
| $Over $1MM | 9 | $58,625,000 | $6,513,889 |
DOVER's loan sizing saw the bucket of loans from $200k-400k with 2,101 originations, totaling $625,825,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,938 | $669,740,000 | $345,583 |
| 60-80% | 692 | $220,620,000 | $318,815 |
| Under 20% | 691 | $34,285,000 | $49,616 |
| 20-40% | 509 | $64,505,000 | $126,729 |
| 40-60% | 282 | $77,650,000 | $275,355 |
| Over 100% | 179 | $69,565,000 | $388,631 |
DOVER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,938 originations, totaling $669,740,000 in origination value.