Loan Funder · Maryland · 2025

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

Loan Funder took 451 mortgage applications in Maryland in 2025, ranking #99 of 810 lenders active in the state. It originated 38.4% of them and denied 17.1% (30.8% of the applications it decided), against a statewide denial rate of 18.8%.

451Applicationsin MD
30.8%Decision denial ratestate 24.1%
10.25%Median ratestate 6.63%
$215,000Median loanstate $265,000
$43MVolume22 counties

Loan Funder in Maryland vs the state

17.1%Denial rate-1.73 pts vs state
30.8%Decision denial rate+6.67 pts vs state
38.4%Origination rate-17.35 pts vs state
10.25%Median rate+3.63 pts vs state
Rate spread (pts)
Median applicant income
173Loans originated
77Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234752914.8%8.55%#84
202473928818.4%10.50%#65
202545117317.1%10.25%#99

What Loan Funder lends in Maryland

By loan purpose

Home purchase 304 67% · 16.1% denied
Refinance 42 9% · 23.8% denied
Cash-out refinance 105 23% · 17.1% denied

By loan type

Conventional 451 100% · 17.1% denied

Why it denied Maryland applicants

Credit history 37 48%
Collateral 32 42%
Unverifiable information 5 6%
Employment history 2 3%
Insufficient cash 1 1%

Where in Maryland

Counties with the most Loan Funder applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore city 2227750 22.5%
Prince George's County 62292 3.2%
Baltimore County 58255 8.6%
Anne Arundel County 25151 4.0%
Montgomery County 1636 37.5%
Washington County 1171 9.1%
Charles County 1121 9.1%
Howard County 925 55.6%
Allegany County 840 0.0%
Worcester County 511 20.0%

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: 451 applications in 2025, of which 173 were originated and 77 denied.

17.1% of all applications, or 30.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Loan Funder originated in Maryland in 2025 was 10.25%, against a statewide median of 6.63%.

About this data. Figures are Loan Funder'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