Burke & Herbert Bank & Trust in Maryland vs the state
12.8%Denial rate-6.03 pts vs state
15.4%Decision denial rate-8.75 pts vs state
66.0%Origination rate+10.25 pts vs state
6.50%Median rate-0.13 pts vs state
0.05Rate spread (pts)-0.19 pts vs state
$90kMedian applicant income
62Loans originated
12Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 23 | 3.1% | — | #342 |
| 2024 | 52 | 30 | 17.3% | 6.74% | #300 |
| 2025 | 94 | 62 | 12.8% | 6.50% | #238 |
What Burke & Herbert Bank & Trust lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Burke & Herbert Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Caroline County | 16 | 9 | 4 | 25.0% |
| Montgomery County | 15 | 11 | 0 | 0.0% |
| Prince George's County | 11 | 8 | 2 | 18.2% |
| Talbot County | 11 | 6 | 3 | 27.3% |
| Baltimore County | 10 | 10 | 0 | 0.0% |
| Dorchester County | 9 | 4 | 2 | 22.2% |
| Anne Arundel County | 5 | 3 | 0 | 0.0% |
| Somerset County | 2 | 0 | 1 | 50.0% |
| Carroll County | 2 | 2 | 0 | 0.0% |
| Queen Anne's County | 2 | 2 | 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: 94 applications in 2025, of which 62 were originated and 12 denied.
12.8% of all applications, or 15.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Burke & Herbert Bank & Trust originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Burke & Herbert Bank & Trust'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