Baxter Credit Union · Maryland · 2025

Baxter Credit Union in Maryland: approval rate, denial rate and rates (2025)

Baxter Credit Union took 55 mortgage applications in Maryland in 2025, ranking #306 of 810 lenders active in the state. It originated 56.4% of them and denied 18.2% (19.6% of the applications it decided), against a statewide denial rate of 18.8%.

55Applicationsin MD
19.6%Decision denial ratestate 24.1%
7.25%Median ratestate 6.63%
$155,000Median loanstate $265,000
$11MVolume14 counties

Baxter Credit Union in Maryland vs the state

18.2%Denial rate-0.62 pts vs state
19.6%Decision denial rate-4.52 pts vs state
56.4%Origination rate+0.65 pts vs state
7.25%Median rate+0.63 pts vs state
0.16Rate spread (pts)-0.09 pts vs state
$149kMedian applicant income
31Loans originated
10Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023402120.0%8.13%#314
2024572926.3%8.63%#284
2025553118.2%7.25%#306

What Baxter Credit Union lends in Maryland

By loan purpose

Home purchase 12 22% · 0.0% denied
Refinance 4 7% · 75.0% denied
Cash-out refinance 10 18% · 10.0% denied
Home improvement 15 27% · 6.7% denied
Other / HELOC 14 25% · 35.7% denied

By loan type

Conventional 55 100% · 18.2% denied

Why it denied Maryland applicants

Debt-to-income ratio 6 60%
Credit history 4 40%

Where in Maryland

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore County 1461 7.1%
Montgomery County 942 22.2%
Frederick County 651 16.7%
Howard County 630 0.0%
Washington County 312 66.7%
Anne Arundel County 330 0.0%
Prince George's County 321 33.3%
Queen Anne's County 211 50.0%
Cecil County 220 0.0%
Baltimore city 211 50.0%

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: 55 applications in 2025, of which 31 were originated and 10 denied.

18.2% of all applications, or 19.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Baxter Credit Union originated in Maryland in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Baxter Credit Union'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