Horizon Farm Credit, ACA in Maryland vs the state
7.3%Denial rate-11.48 pts vs state
7.9%Decision denial rate-16.24 pts vs state
81.7%Origination rate+26.00 pts vs state
6.82%Median rate+0.20 pts vs state
0.14Rate spread (pts)-0.11 pts vs state
$212kMedian applicant income
67Loans originated
6Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 60 | 42 | 11.7% | 7.25% | #274 |
| 2024 | 101 | 83 | 6.9% | 7.04% | #214 |
| 2025 | 82 | 67 | 7.3% | 6.82% | #264 |
What Horizon Farm Credit, ACA lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Horizon Farm Credit, ACA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carroll County | 13 | 12 | 0 | 0.0% |
| Frederick County | 12 | 12 | 0 | 0.0% |
| Caroline County | 9 | 9 | 0 | 0.0% |
| Baltimore County | 8 | 6 | 0 | 0.0% |
| Montgomery County | 7 | 5 | 0 | 0.0% |
| Wicomico County | 6 | 5 | 1 | 16.7% |
| Harford County | 6 | 4 | 0 | 0.0% |
| Dorchester County | 5 | 3 | 2 | 40.0% |
| Cecil County | 5 | 1 | 3 | 60.0% |
| Washington County | 4 | 3 | 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: 82 applications in 2025, of which 67 were originated and 6 denied.
7.3% of all applications, or 7.9% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Horizon Farm Credit, ACA originated in Maryland in 2025 was 6.82%, against a statewide median of 6.63%.
About this data. Figures are Horizon Farm Credit, ACA'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