PFN Lending Group in Maryland vs the state
22.2%Denial rate+3.42 pts vs state
30.0%Decision denial rate+5.87 pts vs state
51.9%Origination rate-3.86 pts vs state
7.38%Median rate+0.75 pts vs state
0.97Rate spread (pts)+0.72 pts vs state
$177kMedian applicant income
14Loans originated
6Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 22 | 3.6% | 8.50% | #354 |
| 2024 | 12 | 3 | 25.0% | 7.63% | #455 |
| 2025 | 27 | 14 | 22.2% | 7.38% | #382 |
What PFN Lending Group lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most PFN Lending Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore city | 10 | 8 | 2 | 20.0% |
| Prince George's County | 6 | 1 | 1 | 16.7% |
| Frederick County | 4 | 2 | 1 | 25.0% |
| Montgomery County | 4 | 2 | 2 | 50.0% |
| Carroll County | 2 | 1 | 0 | 0.0% |
| Baltimore County | 1 | 0 | 0 | 0.0% |
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: 27 applications in 2025, of which 14 were originated and 6 denied.
22.2% of all applications, or 30.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans PFN Lending Group originated in Maryland in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are PFN Lending Group'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