Freedom Mortgage in Maryland vs the state
7.2%Denial rate-11.59 pts vs state
12.7%Decision denial rate-11.47 pts vs state
41.9%Origination rate-13.80 pts vs state
6.25%Median rate-0.38 pts vs state
0.07Rate spread (pts)-0.18 pts vs state
$120kMedian applicant income
2,128Loans originated
366Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,594 | 665 | 13.7% | 6.75% | #29 |
| 2024 | 3,852 | 1,790 | 9.9% | 6.25% | #12 |
| 2025 | 5,078 | 2,128 | 7.2% | 6.25% | #11 |
What Freedom Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 1,044 | 406 | 77 | 7.4% |
| Anne Arundel County | 613 | 277 | 29 | 4.7% |
| Baltimore County | 609 | 235 | 58 | 9.5% |
| Charles County | 438 | 221 | 25 | 5.7% |
| Montgomery County | 354 | 130 | 23 | 6.5% |
| Baltimore city | 309 | 107 | 32 | 10.4% |
| Frederick County | 273 | 115 | 19 | 7.0% |
| Harford County | 246 | 109 | 21 | 8.5% |
| Howard County | 182 | 68 | 13 | 7.1% |
| St. Mary's County | 169 | 86 | 6 | 3.6% |
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: 5,078 applications in 2025, of which 2,128 were originated and 366 denied.
7.2% of all applications, or 12.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Freedom Mortgage originated in Maryland in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Freedom 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