First Home Mortgage in Maryland vs the state
2.1%Denial rate-16.66 pts vs state
2.6%Decision denial rate-21.52 pts vs state
79.2%Origination rate+23.45 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.15 pts vs state
$125kMedian applicant income
3,559Loans originated
96Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,575 | 3,567 | 3.0% | 6.63% | #8 |
| 2024 | 4,507 | 3,563 | 2.4% | 6.75% | #9 |
| 2025 | 4,496 | 3,559 | 2.1% | 6.63% | #12 |
What First Home Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most First Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anne Arundel County | 658 | 526 | 11 | 1.7% |
| Baltimore city | 616 | 481 | 17 | 2.8% |
| Baltimore County | 546 | 424 | 11 | 2.0% |
| Prince George's County | 415 | 301 | 24 | 5.8% |
| Montgomery County | 386 | 304 | 7 | 1.8% |
| St. Mary's County | 365 | 298 | 5 | 1.4% |
| Calvert County | 220 | 180 | 2 | 0.9% |
| Harford County | 218 | 178 | 4 | 1.8% |
| Howard County | 209 | 164 | 3 | 1.4% |
| Charles County | 164 | 127 | 4 | 2.4% |
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: 4,496 applications in 2025, of which 3,559 were originated and 96 denied.
2.1% of all applications, or 2.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans First Home Mortgage originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are First Home 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