Provident Funding Associates · Maryland · 2025

Provident Funding Associates in Maryland: approval rate, denial rate and rates (2025)

Provident Funding Associates took 472 mortgage applications in Maryland in 2025, ranking #96 of 810 lenders active in the state. It originated 64.4% of them and denied 6.1% (8.5% of the applications it decided), against a statewide denial rate of 18.8%.

472Applicationsin MD
8.5%Decision denial ratestate 24.1%
6.38%Median ratestate 6.63%
$445,000Median loanstate $265,000
$145MVolume21 counties

Provident Funding Associates in Maryland vs the state

6.1%Denial rate-12.66 pts vs state
8.5%Decision denial rate-15.63 pts vs state
64.4%Origination rate+8.70 pts vs state
6.38%Median rate-0.25 pts vs state
-0.18Rate spread (pts)-0.42 pts vs state
$155kMedian applicant income
304Loans originated
29Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232691667.1%6.38%#108
20245213477.7%6.38%#82
20254723046.1%6.38%#96

What Provident Funding Associates lends in Maryland

By loan purpose

Home purchase 353 75% · 5.1% denied
Refinance 103 22% · 5.8% denied
Cash-out refinance 16 3% · 31.3% denied

By loan type

Conventional 472 100% · 6.1% denied

Why it denied Maryland applicants

Collateral 11 38%
Debt-to-income ratio 8 28%
Other 3 10%
Credit history 3 10%
Employment history 2 7%
Insufficient cash 1 3%
Unverifiable information 1 3%

Where in Maryland

Counties with the most Provident Funding Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 98663 3.1%
Howard County 63444 6.3%
Frederick County 59394 6.8%
Baltimore County 56304 7.1%
Baltimore city 43314 9.3%
Anne Arundel County 40253 7.5%
Prince George's County 33202 6.1%
Carroll County 22180 0.0%
Harford County 21122 9.5%
Wicomico County 632 33.3%

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: 472 applications in 2025, of which 304 were originated and 29 denied.

6.1% of all applications, or 8.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Provident Funding Associates originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Provident Funding Associates'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