TD Bank · Maryland · 2025

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

TD Bank took 965 mortgage applications in Maryland in 2025, ranking #56 of 810 lenders active in the state. It originated 46.0% of them and denied 29.4% (38.4% of the applications it decided), against a statewide denial rate of 18.8%.

965Applicationsin MD
38.4%Decision denial ratestate 24.1%
7.59%Median ratestate 6.63%
$155,000Median loanstate $265,000
$157MVolume22 counties

TD Bank in Maryland vs the state

29.4%Denial rate+10.63 pts vs state
38.4%Decision denial rate+14.25 pts vs state
46.0%Origination rate-9.70 pts vs state
7.59%Median rate+0.96 pts vs state
0.41Rate spread (pts)+0.16 pts vs state
$155kMedian applicant income
444Loans originated
284Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,29167232.2%7.79%#36
20241,14955232.1%8.34%#46
202596544429.4%7.59%#56

What TD Bank lends in Maryland

By loan purpose

Home purchase 213 22% · 14.6% denied
Refinance 231 24% · 21.7% denied
Cash-out refinance 12 1% · 33.3% denied
Home improvement 324 34% · 38.9% denied
Other / HELOC 185 19% · 39.5% denied

By loan type

Conventional 963 100% · 29.4% denied
FHA 1 0% · 0.0% denied
VA 1 0% · 100.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 130 46%
Credit history 78 27%
Collateral 63 22%
Other 7 2%
Incomplete application 3 1%
Employment history 2 1%
Insufficient cash 1 0%

Where in Maryland

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 33516386 25.7%
Prince George's County 2227391 41.0%
Anne Arundel County 743823 31.1%
Howard County 674116 23.9%
Baltimore city 572421 36.8%
Baltimore County 572519 33.3%
Frederick County 44247 15.9%
Harford County 22103 13.6%
Worcester County 1590 0.0%
Washington County 1137 63.6%

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: 965 applications in 2025, of which 444 were originated and 284 denied.

29.4% of all applications, or 38.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans TD Bank originated in Maryland in 2025 was 7.59%, against a statewide median of 6.63%.

About this data. Figures are TD 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