Lower in Maryland vs the state
11.3%Denial rate-7.55 pts vs state
15.1%Decision denial rate-9.01 pts vs state
61.7%Origination rate+5.97 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.14 pts vs state
$114kMedian applicant income
581Loans originated
106Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 626 | 440 | 15.3% | 6.88% | #62 |
| 2024 | 946 | 603 | 10.4% | 6.63% | #55 |
| 2025 | 942 | 581 | 11.3% | 6.63% | #59 |
What Lower lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 252 | 160 | 34 | 13.5% |
| Montgomery County | 136 | 97 | 6 | 4.4% |
| Anne Arundel County | 98 | 61 | 6 | 6.1% |
| Baltimore County | 91 | 54 | 13 | 14.3% |
| Baltimore city | 88 | 54 | 14 | 15.9% |
| Charles County | 62 | 35 | 7 | 11.3% |
| Frederick County | 44 | 30 | 4 | 9.1% |
| Howard County | 40 | 26 | 1 | 2.5% |
| Harford County | 27 | 19 | 2 | 7.4% |
| Washington County | 21 | 11 | 3 | 14.3% |
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: 942 applications in 2025, of which 581 were originated and 106 denied.
11.3% of all applications, or 15.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Lower originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Lower'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