The Mortgage Link · Maryland · 2025

The Mortgage Link in Maryland: approval rate, denial rate and rates (2025)

The Mortgage Link took 324 mortgage applications in Maryland in 2025, ranking #119 of 810 lenders active in the state. It originated 71.3% of them and denied 3.4% (4.1% of the applications it decided), against a statewide denial rate of 18.8%.

324Applicationsin MD
4.1%Decision denial ratestate 24.1%
6.50%Median ratestate 6.63%
$385,000Median loanstate $265,000
$94MVolume17 counties

The Mortgage Link in Maryland vs the state

3.4%Denial rate-15.40 pts vs state
4.1%Decision denial rate-20.01 pts vs state
71.3%Origination rate+15.59 pts vs state
6.50%Median rate-0.13 pts vs state
0.35Rate spread (pts)+0.10 pts vs state
$108kMedian applicant income
231Loans originated
11Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233292531.2%6.75%#100
20242841914.9%6.63%#119
20253242313.4%6.50%#119

What The Mortgage Link lends in Maryland

By loan purpose

Home purchase 273 84% · 2.9% denied
Refinance 28 9% · 3.6% denied
Cash-out refinance 22 7% · 4.6% denied
Home improvement 1 0% · 100.0% denied

By loan type

Conventional 193 60% · 3.1% denied
FHA 101 31% · 5.0% denied
VA 28 9% · 0.0% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Maryland applicants

Credit history 4 36%
Debt-to-income ratio 3 27%
Unverifiable information 1 9%
Collateral 1 9%
Insufficient cash 1 9%
Other 1 9%

Where in Maryland

Counties with the most The Mortgage Link applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 109753 2.8%
Frederick County 57481 1.8%
Prince George's County 51324 7.8%
Baltimore County 30201 3.3%
Anne Arundel County 20152 10.0%
Washington County 14110 0.0%
Howard County 1170 0.0%
Baltimore city 740 0.0%
Worcester County 730 0.0%
Charles County 660 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: 324 applications in 2025, of which 231 were originated and 11 denied.

3.4% of all applications, or 4.1% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans The Mortgage Link originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are The Mortgage Link'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