Ixonia Bank · Maryland · 2025

Ixonia Bank in Maryland: approval rate, denial rate and rates (2025)

Ixonia Bank took 43 mortgage applications in Maryland in 2025, ranking #330 of 810 lenders active in the state. It originated 58.1% of them and denied 7.0% (10.7% of the applications it decided), against a statewide denial rate of 18.8%.

43Applicationsin MD
10.7%Decision denial ratestate 24.1%
6.75%Median ratestate 6.63%
$355,000Median loanstate $265,000
$12MVolume14 counties

Ixonia Bank in Maryland vs the state

7.0%Denial rate-11.82 pts vs state
10.7%Decision denial rate-13.42 pts vs state
58.1%Origination rate+2.43 pts vs state
6.75%Median rate+0.13 pts vs state
0.52Rate spread (pts)+0.27 pts vs state
$146kMedian applicant income
25Loans originated
3Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202423120.0%6.69%#396
202543257.0%6.75%#330

What Ixonia Bank lends in Maryland

By loan purpose

Home purchase 21 49% · 9.5% denied
Refinance 9 21% · 0.0% denied
Cash-out refinance 11 26% · 9.1% denied
Other / HELOC 2 5% · 0.0% denied

By loan type

Conventional 30 70% · 10.0% denied
FHA 6 14% · 0.0% denied
VA 7 16% · 0.0% denied

Why it denied Maryland applicants

Credit history 2 67%
Other 1 33%

Where in Maryland

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anne Arundel County 852 25.0%
Baltimore County 731 14.3%
Montgomery County 640 0.0%
Prince George's County 540 0.0%
Charles County 310 0.0%
Worcester County 320 0.0%
Queen Anne's County 320 0.0%
Allegany County 210 0.0%
Kent County 100 0.0%
Baltimore city 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: 43 applications in 2025, of which 25 were originated and 3 denied.

7.0% of all applications, or 10.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Ixonia Bank originated in Maryland in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Ixonia Bank'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