Commerce Home Mortgage in Maryland vs the state
17.9%Denial rate-0.90 pts vs state
23.7%Decision denial rate-0.43 pts vs state
57.6%Origination rate+1.93 pts vs state
7.00%Median rate+0.37 pts vs state
1.05Rate spread (pts)+0.80 pts vs state
$233kMedian applicant income
132Loans originated
41Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 33 | 14 | 24.2% | 8.56% | #337 |
| 2024 | 47 | 17 | 23.4% | 7.63% | #316 |
| 2025 | 229 | 132 | 17.9% | 7.00% | #146 |
What Commerce Home Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore city | 64 | 26 | 21 | 32.8% |
| Baltimore County | 46 | 31 | 5 | 10.9% |
| Montgomery County | 31 | 20 | 3 | 9.7% |
| Prince George's County | 24 | 13 | 5 | 20.8% |
| Harford County | 18 | 12 | 1 | 5.6% |
| Anne Arundel County | 10 | 7 | 1 | 10.0% |
| Howard County | 8 | 5 | 1 | 12.5% |
| Carroll County | 6 | 4 | 0 | 0.0% |
| Frederick County | 6 | 3 | 1 | 16.7% |
| Worcester County | 4 | 2 | 2 | 50.0% |
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: 229 applications in 2025, of which 132 were originated and 41 denied.
17.9% of all applications, or 23.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Commerce Home Mortgage originated in Maryland in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Commerce Home 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