Truist Bank · Maryland · 2025

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

Truist Bank took 6,559 mortgage applications in Maryland in 2025, ranking #4 of 810 lenders active in the state. It originated 49.5% of them and denied 34.9% (39.7% of the applications it decided), against a statewide denial rate of 18.8%.

6.6kApplicationsin MD
39.7%Decision denial ratestate 24.1%
6.49%Median ratestate 6.63%
$155,000Median loanstate $265,000
$1.1BVolume24 counties

Truist Bank in Maryland vs the state

34.9%Denial rate+16.05 pts vs state
39.7%Decision denial rate+15.61 pts vs state
49.5%Origination rate-6.24 pts vs state
6.49%Median rate-0.13 pts vs state
-0.15Rate spread (pts)-0.40 pts vs state
$125kMedian applicant income
3,245Loans originated
2,286Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,6513,22336.1%7.10%#4
20246,4563,02039.5%7.34%#4
20256,5593,24534.9%6.49%#4

What Truist Bank lends in Maryland

By loan purpose

Home purchase 1,498 23% · 9.1% denied
Refinance 1,467 22% · 30.2% denied
Cash-out refinance 237 4% · 12.2% denied
Home improvement 1,603 24% · 49.2% denied
Other / HELOC 1,754 27% · 50.7% denied

By loan type

Conventional 6,376 97% · 35.4% denied
FHA 133 2% · 19.6% denied
VA 45 1% · 8.9% denied
USDA / RHS 5 0% · 20.0% denied

Why it denied Maryland applicants

Debt-to-income ratio 803 35%
Incomplete application 726 32%
Credit history 544 24%
Collateral 96 4%
Other 79 3%
Insufficient cash 17 1%
Unverifiable information 16 1%
Employment history 5 0%

Where in Maryland

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 1,427795418 29.3%
Prince George's County 874323383 43.8%
Baltimore County 652273248 38.0%
Anne Arundel County 632311221 35.0%
Frederick County 527283170 32.3%
Howard County 402222118 29.4%
Baltimore city 340131162 47.6%
Carroll County 33719785 25.2%
Washington County 22712178 34.4%
Charles County 1968282 41.8%

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%
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%
Freedom MortgageB 5,0787.2%6.25%

Frequently asked questions

Maryland: 6,559 applications in 2025, of which 3,245 were originated and 2,286 denied.

34.9% of all applications, or 39.7% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Truist Bank originated in Maryland in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Truist 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