U.S. Bank · Maryland · 2025

U.S. Bank in Maryland: approval rate, denial rate and rates (2025)

U.S. Bank took 1,443 mortgage applications in Maryland in 2025, ranking #42 of 810 lenders active in the state. It originated 32.1% of them and denied 53.1% (61.6% of the applications it decided), against a statewide denial rate of 18.8%.

1.4kApplicationsin MD
61.6%Decision denial ratestate 24.1%
7.45%Median ratestate 6.63%
$85,000Median loanstate $265,000
$154MVolume24 counties

U.S. Bank in Maryland vs the state

53.1%Denial rate+34.28 pts vs state
61.6%Decision denial rate+37.45 pts vs state
32.1%Origination rate-23.62 pts vs state
7.45%Median rate+0.83 pts vs state
0.78Rate spread (pts)+0.53 pts vs state
$133kMedian applicant income
463Loans originated
766Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,51446956.1%7.60%#31
20241,43049352.2%7.63%#34
20251,44346353.1%7.45%#42

What U.S. Bank lends in Maryland

By loan purpose

Home purchase 265 18% · 14.7% denied
Refinance 99 7% · 18.2% denied
Cash-out refinance 113 8% · 31.9% denied
Home improvement 438 30% · 66.7% denied
Other / HELOC 528 37% · 72.2% denied

By loan type

Conventional 1,398 97% · 54.4% denied
FHA 18 1% · 27.8% denied
VA 27 2% · 3.7% denied

Why it denied Maryland applicants

Credit history 280 37%
Debt-to-income ratio 277 36%
Collateral 171 22%
Other 15 2%
Unverifiable information 12 2%
Incomplete application 7 1%
Insufficient cash 4 1%

Where in Maryland

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 304135120 39.5%
Prince George's County 22051133 60.5%
Anne Arundel County 1806681 45.0%
Baltimore County 16634111 66.9%
Baltimore city 1082272 66.7%
Charles County 721949 68.1%
Frederick County 703230 42.9%
Howard County 662820 30.3%
Calvert County 412212 29.3%
Harford County 40729 72.5%

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: 1,443 applications in 2025, of which 463 were originated and 766 denied.

53.1% of all applications, or 61.6% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans U.S. Bank originated in Maryland in 2025 was 7.45%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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