Logan Finance in Maryland vs the state
24.1%Denial rate+5.30 pts vs state
34.5%Decision denial rate+10.35 pts vs state
45.8%Origination rate-9.93 pts vs state
7.44%Median rate+0.81 pts vs state
1.44Rate spread (pts)+1.20 pts vs state
$502kMedian applicant income
38Loans originated
20Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 27 | 12.9% | 8.75% | #251 |
| 2024 | 80 | 42 | 5.0% | 8.00% | #240 |
| 2025 | 83 | 38 | 24.1% | 7.44% | #260 |
What Logan Finance lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Logan Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore city | 27 | 12 | 8 | 29.6% |
| Montgomery County | 11 | 3 | 2 | 18.2% |
| Prince George's County | 11 | 5 | 3 | 27.3% |
| Harford County | 10 | 6 | 1 | 10.0% |
| Baltimore County | 5 | 3 | 1 | 20.0% |
| Howard County | 4 | 2 | 1 | 25.0% |
| Charles County | 4 | 1 | 1 | 25.0% |
| Frederick County | 3 | 1 | 2 | 66.7% |
| Worcester County | 3 | 2 | 1 | 33.3% |
| Anne Arundel County | 2 | 1 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 83 applications in 2025, of which 38 were originated and 20 denied.
24.1% of all applications, or 34.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Logan Finance originated in Maryland in 2025 was 7.44%, against a statewide median of 6.63%.
About this data. Figures are Logan Finance'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