American Financial Network · Maryland · 2025

American Financial Network in Maryland: approval rate, denial rate and rates (2025)

American Financial Network took 614 mortgage applications in Maryland in 2025, ranking #73 of 810 lenders active in the state. It originated 56.5% of them and denied 14.0% (19.5% of the applications it decided), against a statewide denial rate of 18.8%.

614Applicationsin MD
19.5%Decision denial ratestate 24.1%
6.99%Median ratestate 6.63%
$355,000Median loanstate $265,000
$126MVolume22 counties

American Financial Network in Maryland vs the state

14.0%Denial rate-4.79 pts vs state
19.5%Decision denial rate-4.67 pts vs state
56.5%Origination rate+0.80 pts vs state
6.99%Median rate+0.37 pts vs state
1.06Rate spread (pts)+0.81 pts vs state
$100kMedian applicant income
347Loans originated
86Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351825210.2%6.88%#79
202444526713.0%7.13%#91
202561434714.0%6.99%#73

What American Financial Network lends in Maryland

By loan purpose

Home purchase 440 72% · 13.2% denied
Refinance 61 10% · 14.8% denied
Cash-out refinance 113 18% · 16.8% denied

By loan type

Conventional 267 43% · 16.9% denied
FHA 306 50% · 12.8% denied
VA 40 7% · 5.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 36 42%
Credit history 16 19%
Collateral 14 16%
Other 12 14%
Unverifiable information 4 5%
Incomplete application 3 3%
Employment history 1 1%

Where in Maryland

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 1789728 15.7%
Baltimore County 916411 12.1%
Baltimore city 813718 22.2%
Montgomery County 62337 11.3%
Anne Arundel County 55354 7.3%
Charles County 39236 15.4%
Frederick County 17111 5.9%
Howard County 1691 6.3%
Harford County 16100 0.0%
Washington County 1365 38.5%

Other large lenders in Maryland

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 12,80616.8%6.63%
Navy Federal Credit UnionD 11,43623.0%8.00%
United Shore Financial ServicesB 9,30716.0%6.13%
Truist BankC 6,55934.9%6.49%
Bank of AmericaF 6,05135.8%6.24%
NewrezD 5,73921.0%6.63%
State Employees Credit Union of MarylandD 5,62444.6%6.25%
PNC BankD 5,58228.0%7.41%
Manufacturers and Traders TrustC 5,49732.0%5.99%
Pennymac Loan ServicesC 5,41112.4%6.49%

Frequently asked questions

Maryland: 614 applications in 2025, of which 347 were originated and 86 denied.

14.0% of all applications, or 19.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans American Financial Network originated in Maryland in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network's own HMDA filing for properties located in Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology