Filo Mortgage · Maryland · 2025

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

Filo Mortgage took 111 mortgage applications in Maryland in 2025, ranking #218 of 810 lenders active in the state. It originated 35.1% of them and denied 7.2% (12.1% of the applications it decided), against a statewide denial rate of 18.8%.

111Applicationsin MD
12.1%Decision denial ratestate 24.1%
6.13%Median ratestate 6.63%
$385,000Median loanstate $265,000
$19MVolume17 counties

Filo Mortgage in Maryland vs the state

7.2%Denial rate-11.59 pts vs state
12.1%Decision denial rate-12.01 pts vs state
35.1%Origination rate-20.57 pts vs state
6.13%Median rate-0.50 pts vs state
-0.16Rate spread (pts)-0.41 pts vs state
$150kMedian applicant income
39Loans originated
8Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202375205.3%6.00%#241
2024103352.9%6.50%#210
2025111397.2%6.13%#218

What Filo Mortgage lends in Maryland

By loan purpose

Home purchase 56 50% · 3.6% denied
Refinance 27 24% · 3.7% denied
Cash-out refinance 27 24% · 18.5% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 87 78% · 9.2% denied
FHA 11 10% · 0.0% denied
VA 13 12% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 3 38%
Collateral 3 38%
Other 1 13%
Credit history 1 13%

Where in Maryland

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 1761 5.9%
Frederick County 1560 0.0%
Anne Arundel County 1330 0.0%
Baltimore city 1122 18.2%
Baltimore County 1041 10.0%
Prince George's County 711 14.3%
Harford County 740 0.0%
Charles County 620 0.0%
Howard County 601 16.7%
Carroll County 540 0.0%

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: 111 applications in 2025, of which 39 were originated and 8 denied.

7.2% of all applications, or 12.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Filo Mortgage originated in Maryland in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Filo 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