HomePromise in Maryland vs the state
42.4%Denial rate+23.57 pts vs state
80.7%Decision denial rate+56.52 pts vs state
10.2%Origination rate-45.54 pts vs state
7.00%Median rate+0.38 pts vs state
0.88Rate spread (pts)+0.63 pts vs state
$92kMedian applicant income
6Loans originated
25Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 44 | 4 | 45.5% | 7.63% | #306 |
| 2024 | 28 | 1 | 53.6% | 7.88% | #366 |
| 2025 | 59 | 6 | 42.4% | 7.00% | #298 |
What HomePromise lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most HomePromise applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 14 | 1 | 7 | 50.0% |
| Baltimore city | 13 | 1 | 4 | 30.8% |
| Charles County | 11 | 2 | 5 | 45.5% |
| Washington County | 4 | 1 | 1 | 25.0% |
| Baltimore County | 4 | 1 | 1 | 25.0% |
| Wicomico County | 3 | 0 | 3 | 100.0% |
| Calvert County | 2 | 0 | 0 | 0.0% |
| Anne Arundel County | 2 | 0 | 2 | 100.0% |
| Howard County | 2 | 0 | 0 | 0.0% |
| St. Mary's County | 1 | 0 | 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: 59 applications in 2025, of which 6 were originated and 25 denied.
42.4% of all applications, or 80.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans HomePromise originated in Maryland in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are HomePromise'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