Fulton Bank · Maryland · 2025

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

Fulton Bank took 1,167 mortgage applications in Maryland in 2025, ranking #48 of 810 lenders active in the state. It originated 63.8% of them and denied 18.3% (22.0% of the applications it decided), against a statewide denial rate of 18.8%.

1.2kApplicationsin MD
22.0%Decision denial ratestate 24.1%
6.49%Median ratestate 6.63%
$205,000Median loanstate $265,000
$269MVolume22 counties

Fulton Bank in Maryland vs the state

18.3%Denial rate-0.46 pts vs state
22.0%Decision denial rate-2.11 pts vs state
63.8%Origination rate+8.04 pts vs state
6.49%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.25 pts vs state
$115kMedian applicant income
744Loans originated
214Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,26474520.7%6.49%#37
20241,17665419.6%6.49%#43
20251,16774418.3%6.49%#48

What Fulton Bank lends in Maryland

By loan purpose

Home purchase 713 61% · 11.2% denied
Refinance 142 12% · 19.0% denied
Cash-out refinance 21 2% · 19.1% denied
Home improvement 186 16% · 34.4% denied
Other / HELOC 105 9% · 37.1% denied

By loan type

Conventional 1,086 93% · 18.8% denied
FHA 64 5% · 14.1% denied
VA 16 1% · 6.3% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 104 49%
Credit history 49 23%
Collateral 32 15%
Other 23 11%
Employment history 3 1%
Incomplete application 2 1%
Unverifiable information 1 0%

Where in Maryland

Counties with the most Fulton Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore city 22713553 23.3%
Baltimore County 16111724 14.9%
Howard County 14010119 13.6%
Montgomery County 1339712 9.0%
Washington County 976224 24.7%
Prince George's County 914428 30.8%
Anne Arundel County 633813 20.6%
Harford County 57337 12.3%
Frederick County 48298 16.7%
Cecil County 432211 25.6%

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: 1,167 applications in 2025, of which 744 were originated and 214 denied.

18.3% of all applications, or 22.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Fulton Bank originated in Maryland in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Fulton 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