Manufacturers and Traders Trust in Maryland vs the state
32.0%Denial rate+13.20 pts vs state
34.6%Decision denial rate+10.48 pts vs state
56.7%Origination rate+0.96 pts vs state
5.99%Median rate-0.63 pts vs state
-1.19Rate spread (pts)-1.44 pts vs state
$100kMedian applicant income
3,115Loans originated
1,759Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,996 | 2,139 | 35.0% | 7.50% | #9 |
| 2024 | 4,985 | 2,700 | 35.3% | 8.77% | #7 |
| 2025 | 5,497 | 3,115 | 32.0% | 5.99% | #9 |
What Manufacturers and Traders Trust lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore County | 1,115 | 617 | 383 | 34.3% |
| Baltimore city | 715 | 312 | 294 | 41.1% |
| Montgomery County | 709 | 463 | 161 | 22.7% |
| Anne Arundel County | 519 | 298 | 164 | 31.6% |
| Harford County | 329 | 214 | 81 | 24.6% |
| Prince George's County | 328 | 129 | 172 | 52.4% |
| Howard County | 284 | 167 | 76 | 26.8% |
| Washington County | 256 | 167 | 64 | 25.0% |
| Frederick County | 243 | 154 | 66 | 27.2% |
| Carroll County | 214 | 147 | 48 | 22.4% |
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% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
| Freedom Mortgage | B | 5,078 | 7.2% | 6.25% |
Frequently asked questions
Maryland: 5,497 applications in 2025, of which 3,115 were originated and 1,759 denied.
32.0% of all applications, or 34.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Manufacturers and Traders Trust originated in Maryland in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Manufacturers and Traders Trust'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