OceanFirst Bank · Maryland · 2025

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

OceanFirst Bank took 31 mortgage applications in Maryland in 2025, ranking #368 of 810 lenders active in the state. It originated 83.9% of them and denied 3.2% (3.6% of the applications it decided), against a statewide denial rate of 18.8%.

31Applicationsin MD
3.6%Decision denial ratestate 24.1%
6.00%Median ratestate 6.63%
$325,000Median loanstate $265,000
$10MVolume9 counties

OceanFirst Bank in Maryland vs the state

3.2%Denial rate-15.57 pts vs state
3.6%Decision denial rate-20.56 pts vs state
83.9%Origination rate+28.16 pts vs state
6.00%Median rate-0.63 pts vs state
-0.49Rate spread (pts)-0.73 pts vs state
$154kMedian applicant income
26Loans originated
1Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202437322.7%6.19%#341
202531263.2%6.00%#368

What OceanFirst Bank lends in Maryland

By loan purpose

Home purchase 25 81% · 0.0% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 1 3% · 0.0% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 3 10% · 33.3% denied

By loan type

Conventional 28 90% · 3.6% denied
FHA 1 3% · 0.0% denied
VA 2 6% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 1 100%

Where in Maryland

Counties with the most OceanFirst Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 1090 0.0%
Baltimore County 541 20.0%
Frederick County 440 0.0%
Howard County 330 0.0%
Baltimore city 310 0.0%
Cecil County 220 0.0%
Harford County 220 0.0%
Calvert County 110 0.0%
Anne Arundel County 100 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: 31 applications in 2025, of which 26 were originated and 1 denied.

3.2% of all applications, or 3.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans OceanFirst Bank originated in Maryland in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are OceanFirst 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