GTE Federal Credit Union · Maryland · 2025

GTE Federal Credit Union in Maryland: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 100 mortgage applications in Maryland in 2025, ranking #227 of 810 lenders active in the state. It originated 69.0% of them and denied 17.0% (19.1% of the applications it decided), against a statewide denial rate of 18.8%.

100Applicationsin MD
19.1%Decision denial ratestate 24.1%
9.25%Median ratestate 6.63%
$105,000Median loanstate $265,000
$9.6MVolume19 counties

GTE Federal Credit Union in Maryland vs the state

17.0%Denial rate-1.80 pts vs state
19.1%Decision denial rate-5.03 pts vs state
69.0%Origination rate+13.29 pts vs state
9.25%Median rate+2.63 pts vs state
1.97Rate spread (pts)+1.72 pts vs state
$152kMedian applicant income
69Loans originated
17Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023623232.3%11.50%#269
2024905332.2%10.50%#226
20251006917.0%9.25%#227

What GTE Federal Credit Union lends in Maryland

By loan purpose

Home purchase 12 12% · 8.3% denied
Refinance 6 6% · 0.0% denied
Home improvement 5 5% · 0.0% denied
Other / HELOC 77 77% · 20.8% denied

By loan type

Conventional 100 100% · 17.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 9 53%
Credit history 5 29%
Collateral 3 18%

Where in Maryland

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anne Arundel County 21153 14.3%
Baltimore County 13101 7.7%
Howard County 1071 10.0%
Frederick County 944 44.4%
Montgomery County 742 28.6%
Prince George's County 743 42.9%
Harford County 651 16.7%
Charles County 430 0.0%
Calvert County 440 0.0%
Carroll County 431 25.0%

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: 100 applications in 2025, of which 69 were originated and 17 denied.

17.0% of all applications, or 19.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans GTE Federal Credit Union originated in Maryland in 2025 was 9.25%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal Credit Union'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