Presidential Bank · Maryland · 2025

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

Presidential Bank took 479 mortgage applications in Maryland in 2025, ranking #93 of 810 lenders active in the state. It originated 82.5% of them and denied 4.2% (4.8% of the applications it decided), against a statewide denial rate of 18.8%.

479Applicationsin MD
4.8%Decision denial ratestate 24.1%
6.63%Median ratestate 6.63%
$385,000Median loanstate $265,000
$175MVolume21 counties

Presidential Bank in Maryland vs the state

4.2%Denial rate-14.62 pts vs state
4.8%Decision denial rate-19.35 pts vs state
82.5%Origination rate+26.75 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.03 pts vs state
$132kMedian applicant income
395Loans originated
20Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236055283.8%6.63%#65
20244864133.5%6.63%#86
20254793954.2%6.63%#93

What Presidential Bank lends in Maryland

By loan purpose

Home purchase 399 83% · 4.3% denied
Refinance 45 9% · 0.0% denied
Cash-out refinance 35 7% · 8.6% denied

By loan type

Conventional 321 67% · 3.7% denied
FHA 99 21% · 6.1% denied
VA 51 11% · 3.9% denied
USDA / RHS 8 2% · 0.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 7 35%
Collateral 5 25%
Other 3 15%
Incomplete application 2 10%
Credit history 2 10%
Insufficient cash 1 5%

Where in Maryland

Counties with the most Presidential Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Frederick County 92786 6.5%
Montgomery County 74621 1.4%
Anne Arundel County 63560 0.0%
Baltimore County 42352 4.8%
Washington County 40321 2.5%
Prince George's County 37236 16.2%
Howard County 32301 3.1%
Carroll County 31261 3.2%
St. Mary's County 17160 0.0%
Charles County 1281 8.3%

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: 479 applications in 2025, of which 395 were originated and 20 denied.

4.2% of all applications, or 4.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

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

About this data. Figures are Presidential 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