Credence Funding in Maryland vs the state
5.0%Denial rate-13.80 pts vs state
5.7%Decision denial rate-18.42 pts vs state
82.5%Origination rate+26.79 pts vs state
6.38%Median rate-0.25 pts vs state
-0.01Rate spread (pts)-0.26 pts vs state
$108kMedian applicant income
33Loans originated
2Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 10 | 0.0% | 6.13% | #458 |
| 2024 | 43 | 34 | 0.0% | 6.19% | #326 |
| 2025 | 40 | 33 | 5.0% | 6.38% | #342 |
What Credence Funding lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Credence Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Harford County | 13 | 11 | 1 | 7.7% |
| Baltimore County | 9 | 6 | 1 | 11.1% |
| Prince George's County | 5 | 4 | 0 | 0.0% |
| Baltimore city | 4 | 4 | 0 | 0.0% |
| Anne Arundel County | 3 | 3 | 0 | 0.0% |
| Montgomery County | 2 | 2 | 0 | 0.0% |
| St. Mary's County | 1 | 1 | 0 | 0.0% |
| Cecil County | 1 | 1 | 0 | 0.0% |
| Charles County | 1 | 0 | 0 | 0.0% |
| Worcester County | 1 | 1 | 0 | 0.0% |
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: 40 applications in 2025, of which 33 were originated and 2 denied.
5.0% of all applications, or 5.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Credence Funding originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Credence Funding'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