United Shore Financial Services · Maryland · 2025

United Shore Financial Services in Maryland: approval rate, denial rate and rates (2025)

United Shore Financial Services took 9,307 mortgage applications in Maryland in 2025, ranking #3 of 810 lenders active in the state. It originated 67.8% of them and denied 16.0% (18.5% of the applications it decided), against a statewide denial rate of 18.8%.

9.3kApplicationsin MD
18.5%Decision denial ratestate 24.1%
6.13%Median ratestate 6.63%
$365,000Median loanstate $265,000
$2.5BVolume24 counties

United Shore Financial Services in Maryland vs the state

16.0%Denial rate-2.83 pts vs state
18.5%Decision denial rate-5.62 pts vs state
67.8%Origination rate+12.05 pts vs state
6.13%Median rate-0.50 pts vs state
0.03Rate spread (pts)-0.22 pts vs state
$108kMedian applicant income
6,306Loans originated
1,486Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,1343,65114.3%6.50%#7
20247,0364,99214.3%6.37%#3
20259,3076,30616.0%6.13%#3

What United Shore Financial Services lends in Maryland

By loan purpose

Home purchase 3,709 40% · 10.5% denied
Refinance 3,038 33% · 15.2% denied
Cash-out refinance 2,560 28% · 24.8% denied

By loan type

Conventional 4,568 49% · 15.9% denied
FHA 2,554 27% · 23.3% denied
VA 2,174 23% · 7.5% denied
USDA / RHS 11 0% · 9.1% denied

Why it denied Maryland applicants

Debt-to-income ratio 494 33%
Collateral 461 31%
Insufficient cash 257 17%
Other 161 11%
Credit history 81 5%
Unverifiable information 29 2%
Employment history 2 0%
Incomplete application 1 0%

Where in Maryland

Counties with the most United Shore Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 1,8941,111414 21.9%
Baltimore County 1,175806199 16.9%
Montgomery County 1,053739154 14.6%
Anne Arundel County 99576382 8.2%
Baltimore city 979580236 24.1%
Frederick County 47134457 12.1%
Charles County 45130660 13.3%
Howard County 41731242 10.1%
Harford County 33425645 13.5%
Washington County 25917934 13.1%

Other large lenders in Maryland

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 12,80616.8%6.63%
Navy Federal Credit UnionD 11,43623.0%8.00%
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%
Freedom MortgageB 5,0787.2%6.25%

Frequently asked questions

Maryland: 9,307 applications in 2025, of which 6,306 were originated and 1,486 denied.

16.0% of all applications, or 18.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans United Shore Financial Services originated in Maryland in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are United Shore Financial Services'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