Primary Residential Mortgage in Maryland vs the state
3.8%Denial rate-14.96 pts vs state
5.0%Decision denial rate-19.14 pts vs state
73.2%Origination rate+17.44 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.14 pts vs state
$108kMedian applicant income
1,466Loans originated
77Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,169 | 1,492 | 4.7% | 6.75% | #17 |
| 2024 | 2,015 | 1,454 | 4.8% | 6.75% | #22 |
| 2025 | 2,004 | 1,466 | 3.8% | 6.63% | #24 |
What Primary Residential Mortgage lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baltimore County | 533 | 386 | 24 | 4.5% |
| Baltimore city | 444 | 296 | 15 | 3.4% |
| Harford County | 262 | 209 | 9 | 3.4% |
| Anne Arundel County | 174 | 138 | 4 | 2.3% |
| Carroll County | 96 | 78 | 2 | 2.1% |
| Howard County | 73 | 50 | 3 | 4.1% |
| Prince George's County | 71 | 42 | 5 | 7.0% |
| Frederick County | 67 | 48 | 2 | 3.0% |
| Cecil County | 48 | 36 | 2 | 4.2% |
| Montgomery County | 48 | 36 | 6 | 12.5% |
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: 2,004 applications in 2025, of which 1,466 were originated and 77 denied.
3.8% of all applications, or 5.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Primary Residential Mortgage originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Primary Residential 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