Direct Mortgage Loans in Maryland vs the state
1.6%Denial rate-17.21 pts vs state
1.8%Decision denial rate-22.31 pts vs state
79.2%Origination rate+23.52 pts vs state
6.63%Median rate0.00 pts vs state
0.41Rate spread (pts)+0.16 pts vs state
$116kMedian applicant income
1,148Loans originated
23Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 604 | 476 | 1.5% | 6.88% | #66 |
| 2024 | 1,172 | 972 | 1.2% | 6.88% | #44 |
| 2025 | 1,449 | 1,148 | 1.6% | 6.63% | #41 |
What Direct Mortgage Loans lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Direct Mortgage Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore County | 347 | 300 | 7 | 2.0% |
| Baltimore city | 213 | 151 | 7 | 3.3% |
| Harford County | 138 | 114 | 1 | 0.7% |
| Anne Arundel County | 127 | 95 | 0 | 0.0% |
| Worcester County | 118 | 92 | 3 | 2.5% |
| Frederick County | 98 | 79 | 1 | 1.0% |
| Montgomery County | 72 | 55 | 0 | 0.0% |
| Carroll County | 72 | 58 | 0 | 0.0% |
| Howard County | 61 | 47 | 1 | 1.6% |
| Prince George's County | 53 | 40 | 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: 1,449 applications in 2025, of which 1,148 were originated and 23 denied.
1.6% of all applications, or 1.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Direct Mortgage Loans originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Direct Mortgage Loans'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