Members 1st · Maryland · 2025

Members 1st in Maryland: approval rate, denial rate and rates (2025)

Members 1st took 106 mortgage applications in Maryland in 2025, ranking #223 of 810 lenders active in the state. It originated 52.8% of them and denied 34.0% (38.3% of the applications it decided), against a statewide denial rate of 18.8%.

106Applicationsin MD
38.3%Decision denial ratestate 24.1%
1.99%Median ratestate 6.63%
$105,000Median loanstate $265,000
$10MVolume19 counties

Members 1st in Maryland vs the state

34.0%Denial rate+15.16 pts vs state
38.3%Decision denial rate+14.17 pts vs state
52.8%Origination rate-2.88 pts vs state
1.99%Median rate-4.64 pts vs state
-5.18Rate spread (pts)-5.43 pts vs state
$136kMedian applicant income
56Loans originated
36Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231395749.6%1.99%#172
20241525852.0%1.99%#180
20251065634.0%1.99%#223

What Members 1st lends in Maryland

By loan purpose

Home purchase 18 17% · 16.7% denied
Refinance 18 17% · 11.1% denied
Home improvement 37 35% · 51.4% denied
Other / HELOC 33 31% · 36.4% denied

By loan type

Conventional 106 100% · 34.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 18 50%
Unverifiable information 6 17%
Credit history 5 14%
Collateral 5 14%
Other 2 6%

Where in Maryland

Counties with the most Members 1st applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Carroll County 24146 25.0%
Baltimore County 1557 46.7%
Anne Arundel County 962 22.2%
Worcester County 833 37.5%
Frederick County 853 37.5%
Montgomery County 743 42.9%
Prince George's County 633 50.0%
Harford County 523 60.0%
Wicomico County 550 0.0%
Cecil County 431 25.0%

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: 106 applications in 2025, of which 56 were originated and 36 denied.

34.0% of all applications, or 38.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Members 1st originated in Maryland in 2025 was 1.99%, against a statewide median of 6.63%.

About this data. Figures are Members 1st'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