Teachers Federal Credit Union · Maryland · 2025

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

Teachers Federal Credit Union took 10 mortgage applications in Maryland in 2025, ranking #470 of 810 lenders active in the state. It originated 40.0% of them and denied 20.0% (33.3% of the applications it decided), against a statewide denial rate of 18.8%.

10Applicationsin MD
33.3%Decision denial ratestate 24.1%
5.81%Median ratestate 6.63%
$265,000Median loanstate $265,000
$1.4MVolume9 counties

Teachers Federal Credit Union in Maryland vs the state

20.0%Denial rate+1.20 pts vs state
33.3%Decision denial rate+9.20 pts vs state
40.0%Origination rate-15.71 pts vs state
5.81%Median rate-0.82 pts vs state
0.31Rate spread (pts)+0.06 pts vs state
$139kMedian applicant income
4Loans originated
2Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313715.4%7.13%#452
2024640.0%7.87%#532
202510420.0%5.81%#470

What Teachers Federal Credit Union lends in Maryland

By loan purpose

Home purchase 4 40% · 0.0% denied
Refinance 1 10% · 0.0% denied
Cash-out refinance 1 10% · 0.0% denied
Other / HELOC 4 40% · 50.0% denied

By loan type

Conventional 10 100% · 20.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 2 100%

Where in Maryland

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

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 211 50.0%
Baltimore city 110 0.0%
Washington County 100 0.0%
Prince George's County 100 0.0%
Baltimore County 110 0.0%
Calvert County 101 100.0%
Charles County 110 0.0%
Anne Arundel County 100 0.0%
Frederick County 100 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: 10 applications in 2025, of which 4 were originated and 2 denied.

20.0% of all applications, or 33.3% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Teachers Federal Credit Union originated in Maryland in 2025 was 5.81%, against a statewide median of 6.63%.

About this data. Figures are Teachers 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