PNC Bank in Maryland vs the state
28.0%Denial rate+9.22 pts vs state
33.7%Decision denial rate+9.56 pts vs state
52.8%Origination rate-2.90 pts vs state
7.41%Median rate+0.79 pts vs state
0.40Rate spread (pts)+0.15 pts vs state
$113kMedian applicant income
2,948Loans originated
1,564Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,496 | 2,665 | 30.6% | 9.11% | #5 |
| 2024 | 4,966 | 2,349 | 32.5% | 9.68% | #8 |
| 2025 | 5,582 | 2,948 | 28.0% | 7.41% | #8 |
What PNC Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Frederick County | 787 | 518 | 157 | 19.9% |
| Montgomery County | 708 | 358 | 182 | 25.7% |
| Prince George's County | 590 | 234 | 233 | 39.5% |
| Baltimore County | 534 | 269 | 152 | 28.5% |
| Carroll County | 398 | 242 | 85 | 21.4% |
| Anne Arundel County | 387 | 196 | 120 | 31.0% |
| Baltimore city | 299 | 129 | 101 | 33.8% |
| Harford County | 258 | 153 | 58 | 22.5% |
| Cecil County | 239 | 133 | 53 | 22.2% |
| Howard County | 237 | 132 | 54 | 22.8% |
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% |
| 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: 5,582 applications in 2025, of which 2,948 were originated and 1,564 denied.
28.0% of all applications, or 33.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans PNC Bank originated in Maryland in 2025 was 7.41%, against a statewide median of 6.63%.
About this data. Figures are PNC 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