Educational Systems · Maryland · 2025

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

Educational Systems took 1,309 mortgage applications in Maryland in 2025, ranking #44 of 810 lenders active in the state. It originated 46.5% of them and denied 40.1% (44.4% of the applications it decided), against a statewide denial rate of 18.8%.

1.3kApplicationsin MD
44.4%Decision denial ratestate 24.1%
4.99%Median ratestate 6.63%
$85,000Median loanstate $265,000
$100MVolume21 counties

Educational Systems in Maryland vs the state

40.1%Denial rate+21.31 pts vs state
44.4%Decision denial rate+20.29 pts vs state
46.5%Origination rate-9.26 pts vs state
4.99%Median rate-1.63 pts vs state
-2.30Rate spread (pts)-2.55 pts vs state
$123kMedian applicant income
608Loans originated
525Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202394249336.3%4.99%#47
20241,16555837.5%4.99%#45
20251,30960840.1%4.99%#44

What Educational Systems lends in Maryland

By loan purpose

Home purchase 102 8% · 22.6% denied
Refinance 189 14% · 31.8% denied
Cash-out refinance 90 7% · 30.0% denied
Home improvement 491 38% · 37.5% denied
Other / HELOC 437 33% · 52.9% denied

By loan type

Conventional 1,309 100% · 40.1% denied

Why it denied Maryland applicants

Other 212 40%
Credit history 186 35%
Debt-to-income ratio 85 16%
Collateral 37 7%
Employment history 2 0%
Unverifiable information 1 0%
Incomplete application 1 0%
Insufficient cash 1 0%

Where in Maryland

Counties with the most Educational Systems applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 421180184 43.7%
Prince George's County 293105149 50.9%
Frederick County 1278123 18.1%
Charles County 995136 36.4%
Anne Arundel County 783629 37.2%
Calvert County 704418 25.7%
Howard County 543112 22.2%
St. Mary's County 542525 46.3%
Baltimore County 19126 31.6%
Carroll County 15113 20.0%

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: 1,309 applications in 2025, of which 608 were originated and 525 denied.

40.1% of all applications, or 44.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Educational Systems originated in Maryland in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Educational Systems'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