JPMorgan Chase Bank · Maryland · 2025

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

JPMorgan Chase Bank took 1,864 mortgage applications in Maryland in 2025, ranking #28 of 810 lenders active in the state. It originated 64.1% of them and denied 7.8% (10.7% of the applications it decided), against a statewide denial rate of 18.8%.

1.9kApplicationsin MD
10.7%Decision denial ratestate 24.1%
6.49%Median ratestate 6.63%
$335,000Median loanstate $265,000
$659MVolume24 counties

JPMorgan Chase Bank in Maryland vs the state

7.8%Denial rate-10.97 pts vs state
10.7%Decision denial rate-13.48 pts vs state
64.1%Origination rate+8.40 pts vs state
6.49%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.24 pts vs state
$144kMedian applicant income
1,195Loans originated
146Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,0957975.9%6.50%#44
20241,8491,2756.7%6.50%#26
20251,8641,1957.8%6.49%#28

What JPMorgan Chase Bank lends in Maryland

By loan purpose

Home purchase 1,208 65% · 6.4% denied
Refinance 231 12% · 8.2% denied
Cash-out refinance 265 14% · 9.1% denied
Home improvement 61 3% · 23.0% denied
Other / HELOC 99 5% · 12.1% denied

By loan type

Conventional 1,792 96% · 7.6% denied
FHA 43 2% · 20.9% denied
VA 29 2% · 3.5% denied

Why it denied Maryland applicants

Debt-to-income ratio 58 40%
Collateral 31 21%
Other 25 17%
Unverifiable information 11 8%
Credit history 10 7%
Employment history 7 5%
Insufficient cash 4 3%

Where in Maryland

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 47331031 6.6%
Prince George's County 33321115 4.5%
Baltimore city 24016123 9.6%
Baltimore County 19613417 8.7%
Howard County 154877 4.5%
Anne Arundel County 1369114 10.3%
Frederick County 633310 15.9%
Charles County 40292 5.0%
Harford County 34231 2.9%
Worcester County 24154 16.7%

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: 1,864 applications in 2025, of which 1,195 were originated and 146 denied.

7.8% 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 JPMorgan Chase Bank originated in Maryland in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase 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