Lendage · Maryland · 2025

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

Lendage took 491 mortgage applications in Maryland in 2025, ranking #91 of 810 lenders active in the state. It originated 71.5% of them and denied 14.9% (16.3% of the applications it decided), against a statewide denial rate of 18.8%.

491Applicationsin MD
16.3%Decision denial ratestate 24.1%
11.00%Median ratestate 6.63%
$65,000Median loanstate $265,000
$27MVolume24 counties

Lendage in Maryland vs the state

14.9%Denial rate-3.93 pts vs state
16.3%Decision denial rate-7.87 pts vs state
71.5%Origination rate+15.78 pts vs state
11.00%Median rate+4.38 pts vs state
4.94Rate spread (pts)+4.69 pts vs state
$131kMedian applicant income
351Loans originated
73Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325316315.4%13.25%#117
202450335514.3%13.00%#84
202549135114.9%11.00%#91

What Lendage lends in Maryland

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 86 18% · 8.1% denied
Cash-out refinance 13 3% · 76.9% denied
Home improvement 86 18% · 11.6% denied
Other / HELOC 303 62% · 15.2% denied

By loan type

Conventional 491 100% · 14.9% denied

Why it denied Maryland applicants

Debt-to-income ratio 20 27%
Collateral 18 25%
Other 18 25%
Credit history 14 19%
Unverifiable information 3 4%

Where in Maryland

Counties with the most Lendage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 825813 15.9%
Baltimore County 694415 21.7%
Anne Arundel County 66459 13.6%
Montgomery County 46369 19.6%
Frederick County 34273 8.8%
Charles County 29234 13.8%
Harford County 24193 12.5%
Howard County 24154 16.7%
Washington County 19132 10.5%
Carroll County 17131 5.9%

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: 491 applications in 2025, of which 351 were originated and 73 denied.

14.9% of all applications, or 16.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Lendage originated in Maryland in 2025 was 11.00%, against a statewide median of 6.63%.

About this data. Figures are Lendage'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