Loandepot.Com · Maryland · 2025

Loandepot.Com in Maryland: approval rate, denial rate and rates (2025)

Loandepot.Com took 2,210 mortgage applications in Maryland in 2025, ranking #23 of 810 lenders active in the state. It originated 50.3% of them and denied 22.8% (30.3% of the applications it decided), against a statewide denial rate of 18.8%.

2.2kApplicationsin MD
30.3%Decision denial ratestate 24.1%
6.63%Median ratestate 6.63%
$195,000Median loanstate $265,000
$334MVolume24 counties

Loandepot.Com in Maryland vs the state

22.8%Denial rate+3.96 pts vs state
30.3%Decision denial rate+6.15 pts vs state
50.3%Origination rate-5.44 pts vs state
6.63%Median rate0.00 pts vs state
0.45Rate spread (pts)+0.20 pts vs state
$105kMedian applicant income
1,111Loans originated
503Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,33167229.0%6.25%#34
20241,95791126.0%6.58%#23
20252,2101,11122.8%6.63%#23

What Loandepot.Com lends in Maryland

By loan purpose

Home purchase 352 16% · 11.4% denied
Refinance 224 10% · 20.1% denied
Cash-out refinance 735 33% · 26.7% denied
Home improvement 188 9% · 16.5% denied
Other / HELOC 711 32% · 26.9% denied

By loan type

Conventional 1,473 67% · 20.4% denied
FHA 506 23% · 32.6% denied
VA 230 10% · 16.1% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Maryland applicants

Collateral 159 32%
Debt-to-income ratio 143 28%
Unverifiable information 75 15%
Credit history 59 12%
Incomplete application 30 6%
Other 26 5%
Employment history 6 1%
Insufficient cash 5 1%

Where in Maryland

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 494246102 20.6%
Baltimore County 27312891 33.3%
Montgomery County 22812243 18.9%
Anne Arundel County 21813329 13.3%
Baltimore city 1706859 34.7%
Charles County 1277724 18.9%
Frederick County 1146219 16.7%
Howard County 924317 18.5%
Harford County 763818 23.7%
Washington County 552711 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: 2,210 applications in 2025, of which 1,111 were originated and 503 denied.

22.8% of all applications, or 30.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

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

About this data. Figures are Loandepot.Com'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