American Financial Resources · Maryland · 2025

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

American Financial Resources took 165 mortgage applications in Maryland in 2025, ranking #180 of 810 lenders active in the state. It originated 68.5% of them and denied 10.3% (13.0% of the applications it decided), against a statewide denial rate of 18.8%.

165Applicationsin MD
13.0%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$345,000Median loanstate $265,000
$45MVolume21 counties

American Financial Resources in Maryland vs the state

10.3%Denial rate-8.50 pts vs state
13.0%Decision denial rate-11.15 pts vs state
68.5%Origination rate+12.77 pts vs state
6.50%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.18 pts vs state
$115kMedian applicant income
113Loans originated
17Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023562917.9%6.75%#280
2024965617.7%6.75%#220
202516511310.3%6.50%#180

What American Financial Resources lends in Maryland

By loan purpose

Home purchase 114 69% · 7.9% denied
Refinance 29 18% · 13.8% denied
Cash-out refinance 22 13% · 18.2% denied

By loan type

Conventional 49 30% · 8.2% denied
FHA 82 50% · 13.4% denied
VA 30 18% · 6.7% denied
USDA / RHS 4 2% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 7 41%
Other 5 29%
Collateral 3 18%
Unverifiable information 1 6%
Employment history 1 6%

Where in Maryland

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore city 29174 13.8%
Prince George's County 29175 17.2%
Baltimore County 21142 9.5%
Anne Arundel County 15130 0.0%
Harford County 980 0.0%
Montgomery County 861 12.5%
Carroll County 761 14.3%
Washington County 752 28.6%
Frederick County 650 0.0%
Charles County 650 0.0%

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: 165 applications in 2025, of which 113 were originated and 17 denied.

10.3% of all applications, or 13.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans American Financial Resources originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are American Financial Resources'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