Envoy Mortgage in Maryland vs the state
7.8%Denial rate-11.05 pts vs state
10.4%Decision denial rate-13.73 pts vs state
66.8%Origination rate+11.04 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.08 pts vs state
$142kMedian applicant income
267Loans originated
31Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 264 | 182 | 4.6% | 6.63% | #110 |
| 2024 | 387 | 284 | 4.9% | 6.63% | #98 |
| 2025 | 400 | 267 | 7.8% | 6.50% | #107 |
What Envoy Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Envoy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Frederick County | 66 | 50 | 5 | 7.6% |
| Baltimore city | 49 | 34 | 3 | 6.1% |
| Cecil County | 46 | 33 | 3 | 6.5% |
| Baltimore County | 45 | 33 | 4 | 8.9% |
| Harford County | 42 | 28 | 1 | 2.4% |
| Anne Arundel County | 34 | 26 | 3 | 8.8% |
| Montgomery County | 29 | 14 | 4 | 13.8% |
| Prince George's County | 21 | 5 | 3 | 14.3% |
| Washington County | 14 | 10 | 1 | 7.1% |
| Howard County | 11 | 8 | 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: 400 applications in 2025, of which 267 were originated and 31 denied.
7.8% of all applications, or 10.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Envoy Mortgage originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Envoy 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