PHH Mortgage in Maryland vs the state
5.2%Denial rate-13.56 pts vs state
12.4%Decision denial rate-11.75 pts vs state
35.9%Origination rate-19.82 pts vs state
6.00%Median rate-0.63 pts vs state
-0.09Rate spread (pts)-0.34 pts vs state
$105kMedian applicant income
178Loans originated
26Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 202 | 64 | 26.7% | 6.99% | #140 |
| 2024 | 358 | 83 | 8.9% | 6.49% | #105 |
| 2025 | 496 | 178 | 5.2% | 6.00% | #90 |
What PHH Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 107 | 35 | 3 | 2.8% |
| Montgomery County | 63 | 22 | 11 | 17.5% |
| Baltimore County | 55 | 11 | 2 | 3.6% |
| Anne Arundel County | 52 | 27 | 2 | 3.8% |
| Frederick County | 36 | 13 | 0 | 0.0% |
| Baltimore city | 28 | 7 | 1 | 3.6% |
| Charles County | 23 | 10 | 2 | 8.7% |
| Howard County | 22 | 8 | 1 | 4.5% |
| Washington County | 19 | 6 | 1 | 5.3% |
| Cecil County | 14 | 6 | 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: 496 applications in 2025, of which 178 were originated and 26 denied.
5.2% of all applications, or 12.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans PHH Mortgage originated in Maryland in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are PHH 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