Broker Solutions · Maryland · 2025

Broker Solutions in Maryland: approval rate, denial rate and rates (2025)

Broker Solutions took 2,247 mortgage applications in Maryland in 2025, ranking #22 of 810 lenders active in the state. It originated 27.3% of them and denied 12.9% (31.3% of the applications it decided), against a statewide denial rate of 18.8%.

2.2kApplicationsin MD
31.3%Decision denial ratestate 24.1%
6.75%Median ratestate 6.63%
$255,000Median loanstate $265,000
$183MVolume24 counties

Broker Solutions in Maryland vs the state

12.9%Denial rate-5.94 pts vs state
31.3%Decision denial rate+7.15 pts vs state
27.3%Origination rate-28.38 pts vs state
6.75%Median rate+0.13 pts vs state
0.72Rate spread (pts)+0.48 pts vs state
$102kMedian applicant income
614Loans originated
289Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393631110.2%6.75%#48
20242,08754516.5%6.99%#21
20252,24761412.9%6.75%#22

What Broker Solutions lends in Maryland

By loan purpose

Home purchase 532 24% · 8.1% denied
Refinance 331 15% · 7.3% denied
Cash-out refinance 982 44% · 12.5% denied
Home improvement 130 6% · 12.3% denied
Other / HELOC 272 12% · 30.5% denied

By loan type

Conventional 996 44% · 9.9% denied
FHA 1,071 48% · 16.4% denied
VA 177 8% · 7.9% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Maryland applicants

Credit history 179 62%
Collateral 29 10%
Debt-to-income ratio 25 9%
Unverifiable information 18 6%
Other 17 6%
Incomplete application 14 5%
Insufficient cash 6 2%
Employment history 1 0%

Where in Maryland

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 49410571 14.4%
Baltimore County 3038831 10.2%
Baltimore city 2356338 16.2%
Anne Arundel County 1895219 10.1%
Montgomery County 1815022 12.2%
Frederick County 1133013 11.5%
Charles County 1033110 9.7%
Howard County 84299 10.7%
Washington County 832913 15.7%
Harford County 722710 13.9%

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: 2,247 applications in 2025, of which 614 were originated and 289 denied.

12.9% of all applications, or 31.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Broker Solutions originated in Maryland in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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