First Option Mortgage in Maryland vs the state
1.6%Denial rate-17.19 pts vs state
2.0%Decision denial rate-22.17 pts vs state
69.4%Origination rate+13.64 pts vs state
6.88%Median rate+0.25 pts vs state
0.66Rate spread (pts)+0.41 pts vs state
$101kMedian applicant income
43Loans originated
1Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 41 | 6.4% | 7.25% | #263 |
| 2024 | 54 | 41 | 5.6% | 7.13% | #293 |
| 2025 | 62 | 43 | 1.6% | 6.88% | #293 |
What First Option Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most First Option Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 19 | 14 | 0 | 0.0% |
| Charles County | 17 | 10 | 0 | 0.0% |
| Baltimore city | 9 | 8 | 0 | 0.0% |
| Baltimore County | 5 | 5 | 0 | 0.0% |
| Montgomery County | 4 | 2 | 0 | 0.0% |
| Anne Arundel County | 3 | 0 | 1 | 33.3% |
| Carroll County | 2 | 2 | 0 | 0.0% |
| Calvert County | 2 | 1 | 0 | 0.0% |
| Howard County | 1 | 1 | 0 | 0.0% |
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: 62 applications in 2025, of which 43 were originated and 1 denied.
1.6% of all applications, or 2.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans First Option Mortgage originated in Maryland in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are First Option 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