Planet Home Lending in Maryland vs the state
21.2%Denial rate+2.36 pts vs state
21.8%Decision denial rate-2.34 pts vs state
73.4%Origination rate+17.73 pts vs state
5.75%Median rate-0.88 pts vs state
-0.13Rate spread (pts)-0.37 pts vs state
$127kMedian applicant income
177Loans originated
51Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 140 | 90 | 27.9% | 6.38% | #171 |
| 2024 | 180 | 136 | 18.9% | 6.13% | #164 |
| 2025 | 241 | 177 | 21.2% | 5.75% | #143 |
What Planet Home Lending lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Planet Home Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Prince George's County | 52 | 39 | 12 | 23.1% |
| Anne Arundel County | 29 | 22 | 5 | 17.2% |
| Baltimore County | 26 | 20 | 4 | 15.4% |
| Charles County | 20 | 18 | 2 | 10.0% |
| Montgomery County | 17 | 12 | 5 | 29.4% |
| Washington County | 15 | 11 | 4 | 26.7% |
| Baltimore city | 15 | 10 | 4 | 26.7% |
| Howard County | 11 | 9 | 1 | 9.1% |
| Harford County | 10 | 4 | 5 | 50.0% |
| Calvert County | 9 | 5 | 1 | 11.1% |
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: 241 applications in 2025, of which 177 were originated and 51 denied.
21.2% of all applications, or 21.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Planet Home Lending originated in Maryland in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are Planet Home Lending'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