Homestead Funding · Maryland · 2025

Homestead Funding in Maryland: approval rate, denial rate and rates (2025)

Homestead Funding took 14 mortgage applications in Maryland in 2025, ranking #438 of 810 lenders active in the state. It originated 50.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 18.8%.

14Applicationsin MD
0.0%Decision denial ratestate 24.1%
6.25%Median ratestate 6.63%
$375,000Median loanstate $265,000
$2.4MVolume8 counties

Homestead Funding in Maryland vs the state

0.0%Denial rate-18.80 pts vs state
0.0%Decision denial rate-24.13 pts vs state
50.0%Origination rate-5.71 pts vs state
6.25%Median rate-0.38 pts vs state
-0.35Rate spread (pts)-0.60 pts vs state
$150kMedian applicant income
7Loans originated
0Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231278.3%6.00%#464
20251470.0%6.25%#438

What Homestead Funding lends in Maryland

By loan purpose

Home purchase 3 21% · 0.0% denied
Refinance 8 57% · 0.0% denied
Cash-out refinance 3 21% · 0.0% denied

By loan type

Conventional 14 100% · 0.0% denied

Where in Maryland

Counties with the most Homestead Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore County 310 0.0%
Harford County 310 0.0%
Montgomery County 310 0.0%
Kent County 100 0.0%
Baltimore city 110 0.0%
Queen Anne's County 110 0.0%
Frederick County 110 0.0%
St. Mary's County 110 0.0%

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: 14 applications in 2025, of which 7 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Homestead Funding originated in Maryland in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Homestead Funding'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