American Financing · Maryland · 2025

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

American Financing took 253 mortgage applications in Maryland in 2025, ranking #138 of 810 lenders active in the state. It originated 11.5% of them and denied 52.2% (74.6% of the applications it decided), against a statewide denial rate of 18.8%.

253Applicationsin MD
74.6%Decision denial ratestate 24.1%
6.38%Median ratestate 6.63%
$295,000Median loanstate $265,000
$7.0MVolume22 counties

American Financing in Maryland vs the state

52.2%Denial rate+33.37 pts vs state
74.6%Decision denial rate+50.45 pts vs state
11.5%Origination rate-44.25 pts vs state
6.38%Median rate-0.25 pts vs state
0.46Rate spread (pts)+0.21 pts vs state
$102kMedian applicant income
29Loans originated
132Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231181444.1%6.31%#194
20242281966.2%6.25%#141
20252532952.2%6.38%#138

What American Financing lends in Maryland

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 64 25% · 75.0% denied
Cash-out refinance 166 66% · 48.8% denied
Other / HELOC 20 8% · 15.0% denied

By loan type

Conventional 98 39% · 35.7% denied
FHA 138 55% · 62.3% denied
VA 17 7% · 64.7% denied

Why it denied Maryland applicants

Credit history 54 41%
Other 41 31%
Debt-to-income ratio 25 19%
Collateral 6 5%
Incomplete application 3 2%
Employment history 1 1%
Insufficient cash 1 1%
Unverifiable information 1 1%

Where in Maryland

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 40417 42.5%
Baltimore County 36614 38.9%
Anne Arundel County 24114 58.3%
Baltimore city 22017 77.3%
Montgomery County 21210 47.6%
Frederick County 18412 66.7%
Washington County 1338 61.5%
Harford County 1308 61.5%
Carroll County 914 44.4%
Howard County 933 33.3%

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: 253 applications in 2025, of which 29 were originated and 132 denied.

52.2% of all applications, or 74.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans American Financing originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are American Financing'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