Commonwealth One · Maryland · 2025

Commonwealth One in Maryland: approval rate, denial rate and rates (2025)

Commonwealth One took 48 mortgage applications in Maryland in 2025, ranking #321 of 810 lenders active in the state. It originated 54.2% of them and denied 33.3% (34.8% of the applications it decided), against a statewide denial rate of 18.8%.

48Applicationsin MD
34.8%Decision denial ratestate 24.1%
7.06%Median ratestate 6.63%
$90,000Median loanstate $265,000
$4.4MVolume9 counties

Commonwealth One in Maryland vs the state

33.3%Denial rate+14.53 pts vs state
34.8%Decision denial rate+10.65 pts vs state
54.2%Origination rate-1.54 pts vs state
7.06%Median rate+0.43 pts vs state
1.03Rate spread (pts)+0.78 pts vs state
$124kMedian applicant income
26Loans originated
16Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023975728.9%6.00%#218
2024392046.2%7.37%#336
2025482633.3%7.06%#321

What Commonwealth One lends in Maryland

By loan purpose

Home purchase 6 13% · 16.7% denied
Refinance 5 10% · 40.0% denied
Cash-out refinance 1 2% · 0.0% denied
Home improvement 17 35% · 35.3% denied
Other / HELOC 19 40% · 36.8% denied

By loan type

Conventional 48 100% · 33.3% denied

Why it denied Maryland applicants

Credit history 12 75%
Debt-to-income ratio 3 19%
Other 1 6%

Where in Maryland

Counties with the most Commonwealth One applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 271012 44.4%
Montgomery County 660 0.0%
Charles County 642 33.3%
Frederick County 210 0.0%
Anne Arundel County 220 0.0%
Baltimore city 211 50.0%
Worcester County 110 0.0%
Wicomico County 101 100.0%
St. Mary's County 110 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: 48 applications in 2025, of which 26 were originated and 16 denied.

33.3% of all applications, or 34.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Commonwealth One originated in Maryland in 2025 was 7.06%, against a statewide median of 6.63%.

About this data. Figures are Commonwealth One'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