Mortgage Research Center in Maryland vs the state
19.2%Denial rate+0.39 pts vs state
31.0%Decision denial rate+6.84 pts vs state
41.9%Origination rate-13.78 pts vs state
6.13%Median rate-0.50 pts vs state
-0.37Rate spread (pts)-0.61 pts vs state
$125kMedian applicant income
1,405Loans originated
643Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,089 | 964 | 16.8% | 6.75% | #19 |
| 2024 | 2,792 | 1,273 | 16.5% | 6.25% | #15 |
| 2025 | 3,351 | 1,405 | 19.2% | 6.13% | #13 |
What Mortgage Research Center lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 636 | 252 | 132 | 20.8% |
| Anne Arundel County | 496 | 210 | 84 | 16.9% |
| Charles County | 309 | 146 | 48 | 15.5% |
| Baltimore city | 291 | 118 | 68 | 23.4% |
| Baltimore County | 261 | 106 | 53 | 20.3% |
| Montgomery County | 203 | 86 | 37 | 18.2% |
| St. Mary's County | 164 | 71 | 27 | 16.5% |
| Frederick County | 136 | 63 | 32 | 23.5% |
| Calvert County | 122 | 60 | 20 | 16.4% |
| Harford County | 118 | 43 | 25 | 21.2% |
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: 3,351 applications in 2025, of which 1,405 were originated and 643 denied.
19.2% of all applications, or 31.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Mortgage Research Center originated in Maryland in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Mortgage Research Center'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