Newrez in Maryland vs the state
21.0%Denial rate+2.21 pts vs state
40.7%Decision denial rate+16.56 pts vs state
29.8%Origination rate-25.90 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.15 pts vs state
$115kMedian applicant income
1,711Loans originated
1,206Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,797 | 890 | 21.1% | 6.75% | #13 |
| 2024 | 4,407 | 1,409 | 21.0% | 6.88% | #10 |
| 2025 | 5,739 | 1,711 | 21.0% | 6.63% | #6 |
What Newrez lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 1,250 | 298 | 328 | 26.2% |
| Montgomery County | 699 | 189 | 152 | 21.7% |
| Baltimore County | 659 | 176 | 153 | 23.2% |
| Anne Arundel County | 631 | 231 | 102 | 16.2% |
| Baltimore city | 444 | 113 | 104 | 23.4% |
| Frederick County | 324 | 112 | 51 | 15.7% |
| Charles County | 274 | 73 | 56 | 20.4% |
| Howard County | 257 | 99 | 26 | 10.1% |
| Harford County | 181 | 74 | 25 | 13.8% |
| Carroll County | 175 | 55 | 34 | 19.4% |
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% |
| 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% |
| Freedom Mortgage | B | 5,078 | 7.2% | 6.25% |
Frequently asked questions
Maryland: 5,739 applications in 2025, of which 1,711 were originated and 1,206 denied.
21.0% of all applications, or 40.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Newrez originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Newrez'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