Better Mortgage in Maryland vs the state
29.8%Denial rate+10.95 pts vs state
51.9%Decision denial rate+27.76 pts vs state
26.3%Origination rate-29.40 pts vs state
7.88%Median rate+1.25 pts vs state
0.74Rate spread (pts)+0.50 pts vs state
$162kMedian applicant income
267Loans originated
302Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 193 | 84 | 6.2% | 6.25% | #143 |
| 2024 | 331 | 107 | 14.8% | 6.50% | #107 |
| 2025 | 1,015 | 267 | 29.8% | 7.88% | #53 |
What Better Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 167 | 57 | 48 | 28.7% |
| Anne Arundel County | 139 | 55 | 33 | 23.7% |
| Prince George's County | 133 | 23 | 46 | 34.6% |
| Baltimore city | 97 | 21 | 32 | 33.0% |
| Baltimore County | 96 | 12 | 33 | 34.4% |
| Howard County | 81 | 19 | 19 | 23.5% |
| Frederick County | 76 | 23 | 14 | 18.4% |
| Carroll County | 33 | 8 | 11 | 33.3% |
| Harford County | 31 | 9 | 10 | 32.3% |
| Charles County | 26 | 5 | 7 | 26.9% |
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: 1,015 applications in 2025, of which 267 were originated and 302 denied.
29.8% of all applications, or 51.9% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Better Mortgage originated in Maryland in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are Better 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