Credit Union Mortgage Association · Maryland · 2025

Credit Union Mortgage Association in Maryland: approval rate, denial rate and rates (2025)

Credit Union Mortgage Association took 402 mortgage applications in Maryland in 2025, ranking #106 of 810 lenders active in the state. It originated 52.0% of them and denied 7.2% (11.9% of the applications it decided), against a statewide denial rate of 18.8%.

402Applicationsin MD
11.9%Decision denial ratestate 24.1%
5.75%Median ratestate 6.63%
$395,000Median loanstate $265,000
$87MVolume20 counties

Credit Union Mortgage Association in Maryland vs the state

7.2%Denial rate-11.59 pts vs state
11.9%Decision denial rate-12.24 pts vs state
52.0%Origination rate-3.72 pts vs state
5.75%Median rate-0.88 pts vs state
-0.58Rate spread (pts)-0.83 pts vs state
$159kMedian applicant income
209Loans originated
29Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233251839.2%5.63%#102
20243751927.2%5.88%#100
20254022097.2%5.75%#106

What Credit Union Mortgage Association lends in Maryland

By loan purpose

Home purchase 196 49% · 2.6% denied
Refinance 90 22% · 6.7% denied
Cash-out refinance 103 26% · 14.6% denied
Home improvement 10 2% · 30.0% denied
Other / HELOC 3 1% · 0.0% denied

By loan type

Conventional 370 92% · 6.2% denied
FHA 27 7% · 18.5% denied
VA 5 1% · 20.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 10 34%
Credit history 6 21%
Other 5 17%
Collateral 4 14%
Unverifiable information 2 7%
Insufficient cash 1 3%
Mortgage insurance denied 1 3%

Where in Maryland

Counties with the most Credit Union Mortgage Association applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 74415 6.8%
Prince George's County 712712 16.9%
Baltimore County 54371 1.9%
Howard County 42232 4.8%
Baltimore city 34181 2.9%
Anne Arundel County 23151 4.3%
Frederick County 1930 0.0%
Carroll County 17130 0.0%
Charles County 1563 20.0%
Harford County 14101 7.1%

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: 402 applications in 2025, of which 209 were originated and 29 denied.

7.2% of all applications, or 11.9% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Credit Union Mortgage Association originated in Maryland in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are Credit Union Mortgage Association'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