Skyla Federal Credit Union · Maryland · 2025

Skyla Federal Credit Union in Maryland: approval rate, denial rate and rates (2025)

Skyla Federal Credit Union took 7 mortgage applications in Maryland in 2025, ranking #509 of 810 lenders active in the state. It originated 42.9% of them and denied 28.6% (40.0% of the applications it decided), against a statewide denial rate of 18.8%.

7Applicationsin MD
40.0%Decision denial ratestate 24.1%
7.50%Median ratestate 6.63%
$155,000Median loanstate $265,000
$915kVolume5 counties

Skyla Federal Credit Union in Maryland vs the state

28.6%Denial rate+9.77 pts vs state
40.0%Decision denial rate+15.87 pts vs state
42.9%Origination rate-12.85 pts vs state
7.50%Median rate+0.88 pts vs state
0.30Rate spread (pts)+0.05 pts vs state
$189kMedian applicant income
3Loans originated
2Denied

What Skyla Federal Credit Union lends in Maryland

By loan purpose

Home purchase 2 29% · 0.0% denied
Cash-out refinance 3 43% · 66.7% denied
Other / HELOC 2 29% · 0.0% denied

By loan type

Conventional 7 100% · 28.6% denied

Why it denied Maryland applicants

Incomplete application 1 50%
Credit history 1 50%

Where in Maryland

Counties with the most Skyla Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anne Arundel County 320 0.0%
Baltimore city 101 100.0%
Carroll County 101 100.0%
Frederick County 100 0.0%
Montgomery County 110 0.0%

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: 7 applications in 2025, of which 3 were originated and 2 denied.

28.6% of all applications, or 40.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Skyla Federal Credit Union originated in Maryland in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Skyla Federal Credit Union'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