Digital · Maryland · 2025

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

Digital took 69 mortgage applications in Maryland in 2025, ranking #277 of 810 lenders active in the state. It originated 37.7% of them and denied 15.9% (29.7% of the applications it decided), against a statewide denial rate of 18.8%.

69Applicationsin MD
29.7%Decision denial ratestate 24.1%
7.87%Median ratestate 6.63%
$225,000Median loanstate $265,000
$6.8MVolume11 counties

Digital in Maryland vs the state

15.9%Denial rate-2.86 pts vs state
29.7%Decision denial rate+5.60 pts vs state
37.7%Origination rate-18.03 pts vs state
7.87%Median rate+1.25 pts vs state
0.61Rate spread (pts)+0.36 pts vs state
$173kMedian applicant income
26Loans originated
11Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231576312.7%6.62%#160
20241102619.1%7.93%#203
2025692615.9%7.87%#277

What Digital lends in Maryland

By loan purpose

Home purchase 21 30% · 14.3% denied
Refinance 7 10% · 0.0% denied
Cash-out refinance 7 10% · 28.6% denied
Home improvement 22 32% · 18.2% denied
Other / HELOC 12 17% · 16.7% denied

By loan type

Conventional 69 100% · 15.9% denied

Why it denied Maryland applicants

Debt-to-income ratio 5 45%
Collateral 4 36%
Credit history 2 18%

Where in Maryland

Counties with the most Digital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Frederick County 1643 18.8%
Howard County 1692 12.5%
Montgomery County 941 11.1%
Anne Arundel County 631 16.7%
Baltimore city 602 33.3%
Prince George's County 631 16.7%
Baltimore County 420 0.0%
Harford County 200 0.0%
Worcester County 211 50.0%
Cecil County 100 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: 69 applications in 2025, of which 26 were originated and 11 denied.

15.9% of all applications, or 29.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Digital originated in Maryland in 2025 was 7.87%, against a statewide median of 6.63%.

About this data. Figures are Digital'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