Nations Direct Mortgage · Maryland · 2025

Nations Direct Mortgage in Maryland: approval rate, denial rate and rates (2025)

Nations Direct Mortgage took 147 mortgage applications in Maryland in 2025, ranking #194 of 810 lenders active in the state. It originated 66.0% of them and denied 8.2% (11.0% of the applications it decided), against a statewide denial rate of 18.8%.

147Applicationsin MD
11.0%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$385,000Median loanstate $265,000
$41MVolume18 counties

Nations Direct Mortgage in Maryland vs the state

8.2%Denial rate-10.64 pts vs state
11.0%Decision denial rate-13.12 pts vs state
66.0%Origination rate+10.28 pts vs state
6.50%Median rate-0.13 pts vs state
0.32Rate spread (pts)+0.07 pts vs state
$128kMedian applicant income
97Loans originated
12Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231297616.3%6.75%#185
2024113727.1%6.63%#202
2025147978.2%6.50%#194

What Nations Direct Mortgage lends in Maryland

By loan purpose

Home purchase 109 74% · 9.2% denied
Refinance 11 7% · 9.1% denied
Cash-out refinance 27 18% · 3.7% denied

By loan type

Conventional 93 63% · 8.6% denied
FHA 52 35% · 7.7% denied
VA 2 1% · 0.0% denied

Why it denied Maryland applicants

Credit history 5 42%
Debt-to-income ratio 4 33%
Other 2 17%
Unverifiable information 1 8%

Where in Maryland

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 34195 14.7%
Frederick County 22160 0.0%
Montgomery County 20143 15.0%
Anne Arundel County 16131 6.3%
Baltimore County 1180 0.0%
Howard County 840 0.0%
Washington County 761 14.3%
Baltimore city 730 0.0%
Carroll County 530 0.0%
Talbot County 440 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: 147 applications in 2025, of which 97 were originated and 12 denied.

8.2% of all applications, or 11.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Nations Direct Mortgage originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Nations Direct Mortgage'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