Direct Mortgage · Maryland · 2025

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

Direct Mortgage took 11 mortgage applications in Maryland in 2025, ranking #460 of 810 lenders active in the state. It originated 63.6% of them and denied 36.4% (36.4% of the applications it decided), against a statewide denial rate of 18.8%.

11Applicationsin MD
36.4%Decision denial ratestate 24.1%
7.00%Median ratestate 6.63%
$415,000Median loanstate $265,000
$3.3MVolume6 counties

Direct Mortgage in Maryland vs the state

36.4%Denial rate+17.56 pts vs state
36.4%Decision denial rate+12.23 pts vs state
63.6%Origination rate+7.93 pts vs state
7.00%Median rate+0.38 pts vs state
Rate spread (pts)
$177kMedian applicant income
7Loans originated
4Denied

What Direct Mortgage lends in Maryland

By loan purpose

Home purchase 10 91% · 30.0% denied
Refinance 1 9% · 100.0% denied

By loan type

Conventional 11 100% · 36.4% denied

Why it denied Maryland applicants

Incomplete application 4 100%

Where in Maryland

Counties with the most Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 312 66.7%
Prince George's County 330 0.0%
Anne Arundel County 211 50.0%
Washington County 110 0.0%
Charles County 110 0.0%
Baltimore County 101 100.0%

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: 11 applications in 2025, of which 7 were originated and 4 denied.

36.4% of all applications, or 36.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Direct Mortgage originated in Maryland in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Direct Mortgage'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