Universal Mortgage & Finance · Maryland · 2025

Universal Mortgage & Finance in Maryland: approval rate, denial rate and rates (2025)

Universal Mortgage & Finance took 141 mortgage applications in Maryland in 2025, ranking #202 of 810 lenders active in the state. It originated 66.0% of them and denied 6.4% (8.8% of the applications it decided), against a statewide denial rate of 18.8%.

141Applicationsin MD
8.8%Decision denial ratestate 24.1%
6.63%Median ratestate 6.63%
$325,000Median loanstate $265,000
$35MVolume18 counties

Universal Mortgage & Finance in Maryland vs the state

6.4%Denial rate-12.42 pts vs state
8.8%Decision denial rate-15.31 pts vs state
66.0%Origination rate+10.25 pts vs state
6.63%Median rate0.00 pts vs state
0.65Rate spread (pts)+0.40 pts vs state
$100kMedian applicant income
93Loans originated
9Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023103787.8%6.88%#206
2024107765.6%6.81%#207
2025141936.4%6.63%#202

What Universal Mortgage & Finance lends in Maryland

By loan purpose

Home purchase 102 72% · 7.8% denied
Refinance 12 9% · 0.0% denied
Cash-out refinance 27 19% · 3.7% denied

By loan type

Conventional 54 38% · 0.0% denied
FHA 82 58% · 11.0% denied
VA 5 4% · 0.0% denied

Why it denied Maryland applicants

Credit history 3 33%
Insufficient cash 2 22%
Collateral 2 22%
Unverifiable information 1 11%
Debt-to-income ratio 1 11%

Where in Maryland

Counties with the most Universal Mortgage & Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prince George's County 37211 2.7%
Baltimore city 2493 12.5%
Anne Arundel County 21160 0.0%
Baltimore County 12111 8.3%
Charles County 1061 10.0%
Frederick County 751 14.3%
Harford County 660 0.0%
Montgomery County 430 0.0%
Howard County 440 0.0%
St. Mary's County 330 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: 141 applications in 2025, of which 93 were originated and 9 denied.

6.4% of all applications, or 8.8% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Universal Mortgage & Finance originated in Maryland in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Universal Mortgage & Finance'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