Bay Capital Mortgage in Maryland vs the state
7.3%Denial rate-11.49 pts vs state
8.4%Decision denial rate-15.77 pts vs state
80.0%Origination rate+24.26 pts vs state
6.49%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.12 pts vs state
$128kMedian applicant income
591Loans originated
54Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 788 | 616 | 5.2% | 6.63% | #52 |
| 2024 | 824 | 667 | 5.0% | 6.50% | #60 |
| 2025 | 739 | 591 | 7.3% | 6.49% | #66 |
What Bay Capital Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Bay Capital Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anne Arundel County | 165 | 140 | 7 | 4.2% |
| Baltimore County | 72 | 52 | 8 | 11.1% |
| Calvert County | 58 | 47 | 5 | 8.6% |
| Talbot County | 48 | 41 | 3 | 6.3% |
| Howard County | 41 | 34 | 2 | 4.9% |
| St. Mary's County | 35 | 32 | 1 | 2.9% |
| Wicomico County | 34 | 27 | 4 | 11.8% |
| Carroll County | 34 | 26 | 1 | 2.9% |
| Prince George's County | 29 | 22 | 4 | 13.8% |
| Charles County | 29 | 19 | 4 | 13.8% |
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: 739 applications in 2025, of which 591 were originated and 54 denied.
7.3% of all applications, or 8.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Bay Capital Mortgage originated in Maryland in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Bay Capital Mortgage'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