Towne Bank in Maryland vs the state
2.8%Denial rate-15.99 pts vs state
3.4%Decision denial rate-20.69 pts vs state
78.0%Origination rate+22.28 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.08 pts vs state
$120kMedian applicant income
1,552Loans originated
56Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,766 | 1,385 | 3.3% | 6.50% | #26 |
| 2024 | 1,935 | 1,520 | 2.7% | 6.50% | #24 |
| 2025 | 1,990 | 1,552 | 2.8% | 6.50% | #25 |
What Towne Bank lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most Towne Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anne Arundel County | 317 | 249 | 11 | 3.5% |
| Montgomery County | 309 | 250 | 9 | 2.9% |
| Prince George's County | 261 | 180 | 15 | 5.7% |
| Baltimore County | 188 | 151 | 1 | 0.5% |
| Frederick County | 137 | 115 | 0 | 0.0% |
| Howard County | 120 | 97 | 5 | 4.2% |
| Charles County | 112 | 69 | 7 | 6.3% |
| St. Mary's County | 89 | 72 | 2 | 2.2% |
| Baltimore city | 84 | 72 | 2 | 2.4% |
| Harford County | 81 | 72 | 0 | 0.0% |
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: 1,990 applications in 2025, of which 1,552 were originated and 56 denied.
2.8% of all applications, or 3.4% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans Towne Bank originated in Maryland in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Towne 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