Compare Delaware Mortgage Rates & Research Home Loan Solutions

Nice home in the suburbs.
If you are looking for great Delaware mortgage rates, you have come to the right place. Mortgage shoppers from the Blue Hen State may have access to competitive mortgage rates with the companies posted on Whether you are shopping for a 30 year jumbo loan for an upscale home in Greenville, a cash-out refinance for your rental property near the University of Delaware in Newark, a VA loan for a starter home near the Dover Air Force Base, or an interest only loan for a second home along the coast in Rehoboth Beach, find mortgage companies with the home financing solution to meet your unique needs advertised here.

Using the rate table

The majority of the mortgage companies represented in the rate survey on this page offer a variety of fixed rate (10, 15, 20, and 30 year terms) and adjustable rate financing solutions (3/1, 5/1, and 7/1 ARMs) for 1-4 unit residential properties (i.e. single family homes, duplexes, triplexes, and quadraplexes). These mortgage companies typically allow properties to be used as primary residences, second homes (aka vacation homes), or investment properties (rental homes). Rates often vary by occupancy type so you’ll need to speak with the various lenders and brokers to make sure that you qualify for what they have posted. Rates may also vary of other reasons including the type of property being financed. For exmaple, interest rates for condos may have pricing adjustments when compared to stand-alone, stick built homes. Be sure to speak with the various home loan providers directly to make sure that you have an accurate idea of pricing for your unique scenario.


Want some other tools to research various mortgage companies and home buyer assistance programs in Delaware? Check these out…


Dock extending out into the water at sunrise in Delaware.

Delaware Bankers Associationwebsite
8 W. Loockerman Street, Suite 200 Dover, DE 19903 PH: (302) 678-8600

State of Delaware Office of the State Bank Commissionerwebsite
(302) 739-4235

Delaware State Housing Authority – Offers various home financing solutions including FHA, VA, USDA and conventional loans (subject to change, visit the site for details) – website
18 The Green Dover, DE 19901 PH: 302-739-6940

Wilmington Housing Authoritywebsite
400 N Walnut Street Wilmington, DE 19801 PH: 302-429-6701

Types of Fixed Rate Mortgages Posted in the Rate Tables and Why to Consider Each One

  • 30 Year Fixed Rate Financing – Most popular option in today’s marketplace. Loan is amortized over the course of 30 years (360 months) which keeps monthly principal and interest payments lower than shorter term fixed rate solutions. Interest paid over the life of the loan will be considerably higher than 10, 15, and 20 year financing products.
  • 20 Year Fixed Rate Financing – Repayment is made over 20 years (240 months). Can be a good option for people who are worried about committing to the higher payments associated with 15 year mortgages but do not want to take on the longer repayment period and higher interest of a 30 year home loan.
  • 15 Year Fixed Rate Financing – Second most popular fixed rate product after 30 year financing. Repaid over 15 years (180 months). Note rates are usually lower than what a home buyer or homeowner would get with a 30 or 20 year mortgage. On the flipside, monthly payments are higher as the repayment period is cut in half. Interest savings can be significant when measured against longer term fixed rate products.
  • 10 Year Fixed Rate FinancingShortest fixed rate mortgage program advertised in the rate tables. For those who can afford higher monthly payments, 10 year fixed rate financing can lead to considerable interest savings versus 30, 20, and 15 year home loans.