First Colony Mortgage · Maryland · 2025

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

First Colony Mortgage took 119 mortgage applications in Maryland in 2025, ranking #214 of 810 lenders active in the state. It originated 47.9% of them and denied 9.2% (13.4% of the applications it decided), against a statewide denial rate of 18.8%.

119Applicationsin MD
13.4%Decision denial ratestate 24.1%
6.38%Median ratestate 6.63%
$355,000Median loanstate $265,000
$22MVolume13 counties

First Colony Mortgage in Maryland vs the state

9.2%Denial rate-9.56 pts vs state
13.4%Decision denial rate-10.72 pts vs state
47.9%Origination rate-7.81 pts vs state
6.38%Median rate-0.25 pts vs state
0.26Rate spread (pts)+0.01 pts vs state
$94kMedian applicant income
57Loans originated
11Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312341.7%7.13%#462
2024321915.6%6.50%#353
2025119579.2%6.38%#214

What First Colony Mortgage lends in Maryland

By loan purpose

Home purchase 89 75% · 9.0% denied
Refinance 18 15% · 11.1% denied
Cash-out refinance 12 10% · 8.3% denied

By loan type

Conventional 82 69% · 11.0% denied
FHA 34 29% · 5.9% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Maryland applicants

Collateral 5 45%
Debt-to-income ratio 2 18%
Unverifiable information 1 9%
Insufficient cash 1 9%
Credit history 1 9%
Employment history 1 9%

Where in Maryland

Counties with the most First Colony Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 24162 8.3%
Baltimore County 21111 4.8%
Montgomery County 1960 0.0%
Allegany County 1161 9.1%
Howard County 951 11.1%
Baltimore city 915 55.6%
Harford County 831 12.5%
Anne Arundel County 540 0.0%
Frederick County 430 0.0%
Charles County 400 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: 119 applications in 2025, of which 57 were originated and 11 denied.

9.2% of all applications, or 13.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans First Colony Mortgage originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are First Colony 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