Hometown Equity Mortgage · Maryland · 2025

Hometown Equity Mortgage in Maryland: approval rate, denial rate and rates (2025)

Hometown Equity Mortgage took 244 mortgage applications in Maryland in 2025, ranking #141 of 810 lenders active in the state. It originated 39.3% of them and denied 56.6% (59.0% of the applications it decided), against a statewide denial rate of 18.8%.

244Applicationsin MD
59.0%Decision denial ratestate 24.1%
7.38%Median ratestate 6.63%
$265,000Median loanstate $265,000
$29MVolume20 counties

Hometown Equity Mortgage in Maryland vs the state

56.6%Denial rate+37.76 pts vs state
59.0%Decision denial rate+34.84 pts vs state
39.3%Origination rate-16.37 pts vs state
7.38%Median rate+0.75 pts vs state
1.10Rate spread (pts)+0.86 pts vs state
$151kMedian applicant income
96Loans originated
138Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231003256.0%9.19%#211
20241587151.3%7.88%#176
20252449656.6%7.38%#141

What Hometown Equity Mortgage lends in Maryland

By loan purpose

Home purchase 119 49% · 55.5% denied
Refinance 28 11% · 67.9% denied
Cash-out refinance 97 40% · 54.6% denied

By loan type

Conventional 221 91% · 55.2% denied
FHA 22 9% · 72.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Maryland applicants

Incomplete application 85 62%
Collateral 28 20%
Credit history 13 9%
Debt-to-income ratio 7 5%
Unverifiable information 3 2%
Insufficient cash 2 1%

Where in Maryland

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore city 681749 72.1%
Prince George's County 421623 54.8%
Baltimore County 381523 60.5%
Montgomery County 321019 59.4%
Anne Arundel County 20137 35.0%
Howard County 751 14.3%
Harford County 633 50.0%
Carroll County 615 83.3%
Worcester County 440 0.0%
Charles County 413 75.0%

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: 244 applications in 2025, of which 96 were originated and 138 denied.

56.6% of all applications, or 59.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Hometown Equity Mortgage originated in Maryland in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Hometown Equity Mortgage'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