Flagstar Bank in Maryland vs the state
37.5%Denial rate+18.70 pts vs state
47.5%Decision denial rate+23.39 pts vs state
41.4%Origination rate-14.30 pts vs state
6.25%Median rate-0.38 pts vs state
0.04Rate spread (pts)-0.21 pts vs state
$136kMedian applicant income
53Loans originated
48Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 595 | 279 | 26.6% | 7.25% | #68 |
| 2024 | 420 | 206 | 24.1% | 6.63% | #95 |
| 2025 | 128 | 53 | 37.5% | 6.25% | #208 |
What Flagstar Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 32 | 11 | 15 | 46.9% |
| Prince George's County | 17 | 7 | 7 | 41.2% |
| Baltimore County | 14 | 6 | 4 | 28.6% |
| Anne Arundel County | 13 | 6 | 6 | 46.2% |
| Frederick County | 11 | 7 | 4 | 36.4% |
| Baltimore city | 11 | 3 | 5 | 45.5% |
| Howard County | 5 | 2 | 0 | 0.0% |
| Charles County | 3 | 1 | 1 | 33.3% |
| Harford County | 3 | 1 | 1 | 33.3% |
| Queen Anne's County | 3 | 3 | 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: 128 applications in 2025, of which 53 were originated and 48 denied.
37.5% of all applications, or 47.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Flagstar Bank originated in Maryland in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Flagstar 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