T2 Financial in Maryland vs the state
5.4%Denial rate-13.36 pts vs state
5.8%Decision denial rate-18.35 pts vs state
84.5%Origination rate+28.81 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.13 pts vs state
$113kMedian applicant income
202Loans originated
13Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 122 | 88 | 13.9% | 7.00% | #192 |
| 2024 | 249 | 205 | 4.4% | 6.88% | #124 |
| 2025 | 239 | 202 | 5.4% | 6.63% | #144 |
What T2 Financial lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most T2 Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 74 | 64 | 2 | 2.7% |
| Prince George's County | 52 | 40 | 7 | 13.5% |
| Baltimore County | 22 | 17 | 2 | 9.1% |
| Frederick County | 18 | 17 | 0 | 0.0% |
| Baltimore city | 16 | 11 | 1 | 6.3% |
| Howard County | 14 | 14 | 0 | 0.0% |
| Washington County | 11 | 10 | 0 | 0.0% |
| Anne Arundel County | 9 | 9 | 0 | 0.0% |
| Charles County | 8 | 8 | 0 | 0.0% |
| Harford County | 5 | 4 | 1 | 20.0% |
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: 239 applications in 2025, of which 202 were originated and 13 denied.
5.4% of all applications, or 5.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans T2 Financial originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are T2 Financial'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