Morgan Stanley Private Bank · Maryland · 2025

Morgan Stanley Private Bank in Maryland: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 251 mortgage applications in Maryland in 2025, ranking #140 of 810 lenders active in the state. It originated 77.3% of them and denied 2.4% (2.9% of the applications it decided), against a statewide denial rate of 18.8%.

251Applicationsin MD
2.9%Decision denial ratestate 24.1%
5.95%Median ratestate 6.63%
$655,000Median loanstate $265,000
$180MVolume20 counties

Morgan Stanley Private Bank in Maryland vs the state

2.4%Denial rate-16.41 pts vs state
2.9%Decision denial rate-21.22 pts vs state
77.3%Origination rate+21.58 pts vs state
5.95%Median rate-0.67 pts vs state
-0.28Rate spread (pts)-0.53 pts vs state
$291kMedian applicant income
194Loans originated
6Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232381802.9%5.75%#125
20242321841.3%6.10%#137
20252511942.4%5.95%#140

What Morgan Stanley Private Bank lends in Maryland

By loan purpose

Home purchase 172 69% · 1.7% denied
Refinance 16 6% · 6.3% denied
Cash-out refinance 11 4% · 9.1% denied
Home improvement 5 2% · 0.0% denied
Other / HELOC 47 19% · 2.1% denied

By loan type

Conventional 251 100% · 2.4% denied

Why it denied Maryland applicants

Debt-to-income ratio 3 50%
Collateral 2 33%
Credit history 1 17%

Where in Maryland

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 96791 1.0%
Anne Arundel County 38310 0.0%
Baltimore County 28190 0.0%
Howard County 17140 0.0%
Talbot County 1280 0.0%
Baltimore city 11110 0.0%
Worcester County 1062 20.0%
Frederick County 851 12.5%
Carroll County 632 33.3%
Harford County 650 0.0%

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: 251 applications in 2025, of which 194 were originated and 6 denied.

2.4% of all applications, or 2.9% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Morgan Stanley Private Bank originated in Maryland in 2025 was 5.95%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private 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