The Federal Savings Bank · Maryland · 2025

The Federal Savings Bank in Maryland: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 555 mortgage applications in Maryland in 2025, ranking #82 of 810 lenders active in the state. It originated 36.2% of them and denied 10.1% (21.0% of the applications it decided), against a statewide denial rate of 18.8%.

555Applicationsin MD
21.0%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$385,000Median loanstate $265,000
$86MVolume24 counties

The Federal Savings Bank in Maryland vs the state

10.1%Denial rate-8.71 pts vs state
21.0%Decision denial rate-3.16 pts vs state
36.2%Origination rate-19.49 pts vs state
6.50%Median rate-0.13 pts vs state
0.24Rate spread (pts)-0.01 pts vs state
$109kMedian applicant income
201Loans originated
56Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202375727011.2%6.50%#54
202460121011.3%6.50%#77
202555520110.1%6.50%#82

What The Federal Savings Bank lends in Maryland

By loan purpose

Home purchase 95 17% · 3.2% denied
Refinance 59 11% · 18.6% denied
Cash-out refinance 376 68% · 10.1% denied
Home improvement 14 3% · 21.4% denied
Other / HELOC 11 2% · 9.1% denied

By loan type

Conventional 104 19% · 6.7% denied
FHA 79 14% · 11.4% denied
VA 370 67% · 10.8% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Maryland applicants

Incomplete application 20 36%
Collateral 14 25%
Credit history 9 16%
Debt-to-income ratio 6 11%
Other 6 11%
Employment history 1 2%

Where in Maryland

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 1294415 11.6%
Baltimore County 64227 10.9%
Anne Arundel County 61301 1.6%
Charles County 42105 11.9%
Baltimore city 41113 7.3%
Montgomery County 3498 23.5%
Harford County 31143 9.7%
Washington County 2074 20.0%
Frederick County 1990 0.0%
Howard County 1561 6.7%

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: 555 applications in 2025, of which 201 were originated and 56 denied.

10.1% of all applications, or 21.0% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans The Federal Savings Bank originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are The Federal Savings 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