Commercial Lender · Maryland · 2025

Commercial Lender in Maryland: approval rate, denial rate and rates (2025)

Commercial Lender took 447 mortgage applications in Maryland in 2025, ranking #100 of 810 lenders active in the state. It originated 7.4% of them and denied 86.6% (92.1% of the applications it decided), against a statewide denial rate of 18.8%.

447Applicationsin MD
92.1%Decision denial ratestate 24.1%
12.00%Median ratestate 6.63%
$175,000Median loanstate $265,000
$6.6MVolume0 counties

Commercial Lender in Maryland vs the state

86.6%Denial rate+67.78 pts vs state
92.1%Decision denial rate+68.01 pts vs state
7.4%Origination rate-48.33 pts vs state
12.00%Median rate+5.38 pts vs state
Rate spread (pts)
Median applicant income
33Loans originated
387Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232904523.5%11.49%#104
20244308033.7%11.59%#93
20254473386.6%12.00%#100

What Commercial Lender lends in Maryland

By loan purpose

Home purchase 146 33% · 69.9% denied
Refinance 114 26% · 95.6% denied
Cash-out refinance 172 38% · 93.6% denied
Other / HELOC 15 3% · 100.0% denied

By loan type

Conventional 447 100% · 86.6% denied

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: 447 applications in 2025, of which 33 were originated and 387 denied.

86.6% of all applications, or 92.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Commercial Lender originated in Maryland in 2025 was 12.00%, against a statewide median of 6.63%.

About this data. Figures are Commercial Lender'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