City Lending · Maryland · 2025

City Lending in Maryland: approval rate, denial rate and rates (2025)

City Lending took 428 mortgage applications in Maryland in 2025, ranking #102 of 810 lenders active in the state. It originated 64.7% of them and denied 20.6% (23.3% of the applications it decided), against a statewide denial rate of 18.8%.

428Applicationsin MD
23.3%Decision denial ratestate 24.1%
7.13%Median ratestate 6.63%
$340,000Median loanstate $265,000
$84MVolume16 counties

City Lending in Maryland vs the state

20.6%Denial rate+1.76 pts vs state
23.3%Decision denial rate-0.79 pts vs state
64.7%Origination rate+9.01 pts vs state
7.13%Median rate+0.50 pts vs state
0.99Rate spread (pts)+0.75 pts vs state
$92kMedian applicant income
277Loans originated
88Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236604266.7%7.38%#60
202472455811.2%7.38%#66
202542827720.6%7.13%#102

What City Lending lends in Maryland

By loan purpose

Home purchase 353 82% · 18.7% denied
Refinance 41 10% · 34.2% denied
Cash-out refinance 34 8% · 23.5% denied

By loan type

Conventional 221 52% · 21.3% denied
FHA 202 47% · 19.3% denied
VA 5 1% · 40.0% denied

Why it denied Maryland applicants

Other 26 30%
Collateral 18 20%
Incomplete application 18 20%
Credit history 12 14%
Employment history 7 8%
Unverifiable information 5 6%
Debt-to-income ratio 2 2%

Where in Maryland

Counties with the most City Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 16610635 21.1%
Baltimore County 50387 14.0%
Anne Arundel County 452711 24.4%
Montgomery County 442810 22.7%
Baltimore city 38268 21.1%
Charles County 25168 32.0%
Washington County 1892 11.1%
Howard County 1182 18.2%
Frederick County 933 33.3%
Carroll County 650 0.0%

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: 428 applications in 2025, of which 277 were originated and 88 denied.

20.6% of all applications, or 23.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans City Lending originated in Maryland in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are City Lending'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