Figure Lending in Maryland vs the state
28.0%Denial rate+9.19 pts vs state
29.6%Decision denial rate+5.46 pts vs state
48.1%Origination rate-7.66 pts vs state
9.15%Median rate+2.53 pts vs state
2.81Rate spread (pts)+2.56 pts vs state
$126kMedian applicant income
714Loans originated
416Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 393 | 178 | 34.1% | 11.70% | #94 |
| 2024 | 1,339 | 660 | 27.6% | 10.80% | #38 |
| 2025 | 1,486 | 714 | 28.0% | 9.15% | #38 |
What Figure Lending lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 255 | 126 | 81 | 31.8% |
| Baltimore County | 218 | 98 | 59 | 27.1% |
| Montgomery County | 160 | 70 | 48 | 30.0% |
| Anne Arundel County | 157 | 89 | 33 | 21.0% |
| Baltimore city | 92 | 44 | 26 | 28.3% |
| Frederick County | 89 | 42 | 17 | 19.1% |
| Harford County | 85 | 45 | 19 | 22.4% |
| Carroll County | 55 | 28 | 8 | 14.5% |
| Howard County | 53 | 25 | 20 | 37.7% |
| Charles County | 48 | 19 | 19 | 39.6% |
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: 1,486 applications in 2025, of which 714 were originated and 416 denied.
28.0% of all applications, or 29.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Figure Lending originated in Maryland in 2025 was 9.15%, against a statewide median of 6.63%.
About this data. Figures are Figure Lending'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