Guaranteed Rate in Maryland vs the state
6.1%Denial rate-12.73 pts vs state
10.5%Decision denial rate-13.59 pts vs state
50.7%Origination rate-5.02 pts vs state
6.38%Median rate-0.25 pts vs state
0.06Rate spread (pts)-0.19 pts vs state
$147kMedian applicant income
768Loans originated
92Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,299 | 590 | 4.9% | 6.50% | #35 |
| 2024 | 1,081 | 686 | 4.8% | 6.55% | #50 |
| 2025 | 1,515 | 768 | 6.1% | 6.38% | #36 |
What Guaranteed Rate lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 281 | 142 | 23 | 8.2% |
| Montgomery County | 268 | 150 | 9 | 3.4% |
| Anne Arundel County | 189 | 104 | 7 | 3.7% |
| Baltimore County | 146 | 55 | 16 | 11.0% |
| Frederick County | 113 | 60 | 4 | 3.5% |
| Baltimore city | 98 | 41 | 9 | 9.2% |
| Howard County | 94 | 47 | 2 | 2.1% |
| Charles County | 55 | 24 | 5 | 9.1% |
| Washington County | 49 | 33 | 3 | 6.1% |
| Carroll County | 32 | 23 | 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: 1,515 applications in 2025, of which 768 were originated and 92 denied.
6.1% of all applications, or 10.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Guaranteed Rate originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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