New Day Financial in Maryland vs the state
26.2%Denial rate+7.40 pts vs state
61.6%Decision denial rate+37.48 pts vs state
14.1%Origination rate-41.57 pts vs state
6.81%Median rate+0.18 pts vs state
0.73Rate spread (pts)+0.48 pts vs state
$86kMedian applicant income
136Loans originated
252Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 754 | 103 | 28.7% | 7.49% | #55 |
| 2024 | 1,001 | 126 | 28.6% | 7.75% | #53 |
| 2025 | 962 | 136 | 26.2% | 6.81% | #57 |
What New Day Financial lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 226 | 31 | 67 | 29.6% |
| Baltimore County | 116 | 18 | 35 | 30.2% |
| Anne Arundel County | 108 | 14 | 23 | 21.3% |
| Baltimore city | 59 | 6 | 18 | 30.5% |
| Charles County | 54 | 6 | 10 | 18.5% |
| Montgomery County | 39 | 4 | 12 | 30.8% |
| Harford County | 37 | 2 | 11 | 29.7% |
| St. Mary's County | 35 | 10 | 4 | 11.4% |
| Frederick County | 34 | 7 | 8 | 23.5% |
| Wicomico County | 33 | 5 | 7 | 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: 962 applications in 2025, of which 136 were originated and 252 denied.
26.2% of all applications, or 61.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans New Day Financial originated in Maryland in 2025 was 6.81%, against a statewide median of 6.63%.
About this data. Figures are New Day Financial'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