First Federal Bank · Maryland · 2025

First Federal Bank in Maryland: approval rate, denial rate and rates (2025)

First Federal Bank took 166 mortgage applications in Maryland in 2025, ranking #179 of 810 lenders active in the state. It originated 60.2% of them and denied 5.4% (8.2% of the applications it decided), against a statewide denial rate of 18.8%.

166Applicationsin MD
8.2%Decision denial ratestate 24.1%
5.88%Median ratestate 6.63%
$500,000Median loanstate $265,000
$54MVolume17 counties

First Federal Bank in Maryland vs the state

5.4%Denial rate-13.38 pts vs state
8.2%Decision denial rate-15.95 pts vs state
60.2%Origination rate+4.53 pts vs state
5.88%Median rate-0.75 pts vs state
-0.59Rate spread (pts)-0.83 pts vs state
$175kMedian applicant income
100Loans originated
9Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023804815.0%6.38%#237
202418310314.2%6.00%#160
20251661005.4%5.88%#179

What First Federal Bank lends in Maryland

By loan purpose

Home purchase 116 70% · 2.6% denied
Refinance 36 22% · 8.3% denied
Cash-out refinance 13 8% · 23.1% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 79 48% · 5.1% denied
FHA 6 4% · 16.7% denied
VA 81 49% · 4.9% denied

Why it denied Maryland applicants

Debt-to-income ratio 4 44%
Incomplete application 2 22%
Credit history 2 22%
Other 1 11%

Where in Maryland

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 32170 0.0%
Anne Arundel County 29222 6.9%
Prince George's County 21133 14.3%
Howard County 2080 0.0%
Frederick County 1170 0.0%
Baltimore County 852 25.0%
Baltimore city 861 12.5%
St. Mary's County 740 0.0%
Charles County 721 14.3%
Calvert County 640 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: 166 applications in 2025, of which 100 were originated and 9 denied.

5.4% of all applications, or 8.2% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans First Federal Bank originated in Maryland in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are First Federal Bank'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