National Cooperative Bank · Maryland · 2025

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

National Cooperative Bank took 31 mortgage applications in Maryland in 2025, ranking #366 of 810 lenders active in the state. It originated 74.2% of them and denied 12.9% (14.8% of the applications it decided), against a statewide denial rate of 18.8%.

31Applicationsin MD
14.8%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$175,000Median loanstate $265,000
$4.4MVolume4 counties

National Cooperative Bank in Maryland vs the state

12.9%Denial rate-5.90 pts vs state
14.8%Decision denial rate-9.32 pts vs state
74.2%Origination rate+18.48 pts vs state
6.50%Median rate-0.13 pts vs state
0.18Rate spread (pts)-0.06 pts vs state
$122kMedian applicant income
23Loans originated
4Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334302.9%6.63%#334
2024372410.8%6.50%#342
2025312312.9%6.50%#366

What National Cooperative Bank lends in Maryland

By loan purpose

Home purchase 24 77% · 4.2% denied
Refinance 2 6% · 0.0% denied
Cash-out refinance 4 13% · 50.0% denied
Other / HELOC 1 3% · 100.0% denied

By loan type

Conventional 31 100% · 12.9% denied

Why it denied Maryland applicants

Incomplete application 2 50%
Other 1 25%
Debt-to-income ratio 1 25%

Where in Maryland

Counties with the most National Cooperative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 17141 5.9%
Baltimore city 842 25.0%
Prince George's County 550 0.0%
Washington County 101 100.0%

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: 31 applications in 2025, of which 23 were originated and 4 denied.

12.9% of all applications, or 14.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

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

About this data. Figures are National Cooperative 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