Lennar Mortgage · Maryland · 2025

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

Lennar Mortgage took 1,008 mortgage applications in Maryland in 2025, ranking #54 of 810 lenders active in the state. It originated 76.5% of them and denied 7.1% (8.5% of the applications it decided), against a statewide denial rate of 18.8%.

1.0kApplicationsin MD
8.5%Decision denial ratestate 24.1%
6.38%Median ratestate 6.63%
$425,000Median loanstate $265,000
$320MVolume11 counties

Lennar Mortgage in Maryland vs the state

7.1%Denial rate-11.66 pts vs state
8.5%Decision denial rate-15.62 pts vs state
76.5%Origination rate+20.78 pts vs state
6.38%Median rate-0.25 pts vs state
0.08Rate spread (pts)-0.17 pts vs state
$142kMedian applicant income
771Loans originated
72Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2459259.1%6.25%#39
20241,0117906.5%6.38%#51
20251,0087717.1%6.38%#54

What Lennar Mortgage lends in Maryland

By loan purpose

Home purchase 1,007 100% · 7.2% denied
Refinance 1 0% · 0.0% denied

By loan type

Conventional 571 57% · 4.4% denied
FHA 260 26% · 13.5% denied
VA 175 17% · 6.9% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 29 40%
Credit history 22 31%
Unverifiable information 8 11%
Employment history 5 7%
Insufficient cash 3 4%
Incomplete application 3 4%
Other 1 1%
Collateral 1 1%

Where in Maryland

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charles County 37627429 7.7%
Baltimore County 28323319 6.7%
Prince George's County 92814 4.3%
Dorchester County 62376 9.7%
Anne Arundel County 61473 4.9%
Frederick County 61444 6.6%
Worcester County 38312 5.3%
Talbot County 19153 15.8%
St. Mary's County 1052 20.0%
Howard County 530 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: 1,008 applications in 2025, of which 771 were originated and 72 denied.

7.1% of all applications, or 8.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Lennar Mortgage originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Lennar 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