Cedar Point Federal Credit Union · Maryland · 2025

Cedar Point Federal Credit Union in Maryland: approval rate, denial rate and rates (2025)

Cedar Point Federal Credit Union took 188 mortgage applications in Maryland in 2025, ranking #168 of 810 lenders active in the state. It originated 73.4% of them and denied 5.9% (7.2% of the applications it decided), against a statewide denial rate of 18.8%.

188Applicationsin MD
7.2%Decision denial ratestate 24.1%
8.25%Median ratestate 6.63%
$105,000Median loanstate $265,000
$26MVolume0 counties

Cedar Point Federal Credit Union in Maryland vs the state

5.9%Denial rate-12.95 pts vs state
7.2%Decision denial rate-16.89 pts vs state
73.4%Origination rate+17.69 pts vs state
8.25%Median rate+1.63 pts vs state
1.51Rate spread (pts)+1.27 pts vs state
$143kMedian applicant income
138Loans originated
11Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231781353.9%8.75%#148
20241631324.3%9.25%#170
20251881385.9%8.25%#168

What Cedar Point Federal Credit Union lends in Maryland

By loan purpose

Home purchase 21 11% · 0.0% denied
Refinance 8 4% · 12.5% denied
Cash-out refinance 141 75% · 7.1% denied
Other / HELOC 18 10% · 0.0% denied

By loan type

Conventional 184 98% · 6.0% denied
VA 1 1% · 0.0% denied
USDA / RHS 3 2% · 0.0% denied

Why it denied Maryland applicants

Credit history 4 36%
Debt-to-income ratio 4 36%
Incomplete application 2 18%
Collateral 1 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: 188 applications in 2025, of which 138 were originated and 11 denied.

5.9% of all applications, or 7.2% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Cedar Point Federal Credit Union originated in Maryland in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Cedar Point Federal 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