Armed Forces Bank in Maryland vs the state
6.0%Denial rate-12.83 pts vs state
7.8%Decision denial rate-16.29 pts vs state
68.7%Origination rate+12.95 pts vs state
5.81%Median rate-0.81 pts vs state
-0.53Rate spread (pts)-0.78 pts vs state
$175kMedian applicant income
46Loans originated
4Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 18 | 7.1% | 6.25% | #351 |
| 2024 | 66 | 39 | 7.6% | 6.25% | #268 |
| 2025 | 67 | 46 | 6.0% | 5.81% | #284 |
What Armed Forces Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anne Arundel County | 13 | 9 | 1 | 7.7% |
| Prince George's County | 10 | 8 | 0 | 0.0% |
| Baltimore County | 7 | 4 | 1 | 14.3% |
| Charles County | 6 | 4 | 0 | 0.0% |
| Montgomery County | 5 | 4 | 0 | 0.0% |
| Frederick County | 5 | 5 | 0 | 0.0% |
| Howard County | 4 | 2 | 0 | 0.0% |
| Baltimore city | 3 | 0 | 2 | 66.7% |
| St. Mary's County | 3 | 3 | 0 | 0.0% |
| Carroll County | 3 | 3 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 67 applications in 2025, of which 46 were originated and 4 denied.
6.0% of all applications, or 7.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Armed Forces Bank originated in Maryland in 2025 was 5.81%, against a statewide median of 6.63%.
About this data. Figures are Armed Forces Bank'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