Meridian Bank · Maryland · 2025

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

Meridian Bank took 1,135 mortgage applications in Maryland in 2025, ranking #50 of 810 lenders active in the state. It originated 73.8% of them and denied 3.9% (5.0% of the applications it decided), against a statewide denial rate of 18.8%.

1.1kApplicationsin MD
5.0%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$315,000Median loanstate $265,000
$295MVolume23 counties

Meridian Bank in Maryland vs the state

3.9%Denial rate-14.92 pts vs state
5.0%Decision denial rate-19.18 pts vs state
73.8%Origination rate+18.12 pts vs state
6.50%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.05 pts vs state
$111kMedian applicant income
838Loans originated
44Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1919263.6%6.75%#40
20241,4221,1023.0%6.63%#35
20251,1358383.9%6.50%#50

What Meridian Bank lends in Maryland

By loan purpose

Home purchase 936 82% · 3.9% denied
Refinance 68 6% · 1.5% denied
Cash-out refinance 56 5% · 7.1% denied
Home improvement 41 4% · 2.4% denied
Other / HELOC 34 3% · 5.9% denied

By loan type

Conventional 669 59% · 2.7% denied
FHA 362 32% · 6.6% denied
VA 100 9% · 2.0% denied
USDA / RHS 4 0% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 18 41%
Collateral 7 16%
Credit history 6 14%
Other 5 11%
Unverifiable information 5 11%
Insufficient cash 2 5%
Employment history 1 2%

Where in Maryland

Counties with the most Meridian Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baltimore County 22016710 4.5%
Baltimore city 1881219 4.8%
Prince George's County 1439111 7.7%
Harford County 1321033 2.3%
Anne Arundel County 77692 2.6%
Howard County 68550 0.0%
Montgomery County 59453 5.1%
Charles County 43301 2.3%
Carroll County 37300 0.0%
Cecil County 28212 7.1%

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: 1,135 applications in 2025, of which 838 were originated and 44 denied.

3.9% of all applications, or 5.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

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

About this data. Figures are Meridian Bank'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