Loansteady · Maryland · 2025

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

Loansteady took 97 mortgage applications in Maryland in 2025, ranking #233 of 810 lenders active in the state. It originated 76.3% of them and denied 2.1% (2.5% of the applications it decided), against a statewide denial rate of 18.8%.

97Applicationsin MD
2.5%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$435,000Median loanstate $265,000
$36MVolume14 counties

Loansteady in Maryland vs the state

2.1%Denial rate-16.74 pts vs state
2.5%Decision denial rate-21.66 pts vs state
76.3%Origination rate+20.58 pts vs state
6.50%Median rate-0.13 pts vs state
0.03Rate spread (pts)-0.22 pts vs state
$172kMedian applicant income
74Loans originated
2Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202440290.0%6.50%#332
202597742.1%6.50%#233

What Loansteady lends in Maryland

By loan purpose

Home purchase 77 79% · 2.6% denied
Refinance 17 18% · 0.0% denied
Cash-out refinance 3 3% · 0.0% denied

By loan type

Conventional 74 76% · 2.7% denied
FHA 13 13% · 0.0% denied
VA 10 10% · 0.0% denied

Why it denied Maryland applicants

Collateral 2 100%

Where in Maryland

Counties with the most Loansteady applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 33270 0.0%
Prince George's County 19122 10.5%
Frederick County 15100 0.0%
Anne Arundel County 850 0.0%
Baltimore city 550 0.0%
Charles County 320 0.0%
St. Mary's County 330 0.0%
Baltimore County 210 0.0%
Carroll County 220 0.0%
Howard County 220 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: 97 applications in 2025, of which 74 were originated and 2 denied.

2.1% of all applications, or 2.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Loansteady originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Loansteady'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