USAA Federal Savings Bank · Maryland · 2025

USAA Federal Savings Bank in Maryland: approval rate, denial rate and rates (2025)

USAA Federal Savings Bank took 527 mortgage applications in Maryland in 2025, ranking #84 of 810 lenders active in the state. It originated 37.8% of them and denied 31.7% (45.5% of the applications it decided), against a statewide denial rate of 18.8%.

527Applicationsin MD
45.5%Decision denial ratestate 24.1%
6.38%Median ratestate 6.63%
$445,000Median loanstate $265,000
$89MVolume24 counties

USAA Federal Savings Bank in Maryland vs the state

31.7%Denial rate+12.89 pts vs state
45.5%Decision denial rate+21.37 pts vs state
37.8%Origination rate-17.95 pts vs state
6.38%Median rate-0.25 pts vs state
-0.17Rate spread (pts)-0.42 pts vs state
$169kMedian applicant income
199Loans originated
167Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
202347819723.9%6.25%#83
202453922524.7%6.50%#80
202552719931.7%6.38%#84

What USAA Federal Savings Bank lends in Maryland

By loan purpose

Home purchase 412 78% · 27.2% denied
Refinance 36 7% · 52.8% denied
Cash-out refinance 74 14% · 47.3% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 2 0% · 50.0% denied

By loan type

Conventional 176 33% · 37.5% denied
VA 351 67% · 28.8% denied

Why it denied Maryland applicants

Incomplete application 77 46%
Debt-to-income ratio 31 19%
Credit history 16 10%
Other 15 9%
Insufficient cash 11 7%
Unverifiable information 9 5%
Collateral 8 5%

Where in Maryland

Counties with the most USAA Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anne Arundel County 903528 31.1%
Prince George's County 741825 33.8%
Montgomery County 581724 41.4%
Baltimore city 512015 29.4%
Baltimore County 421614 33.3%
Charles County 32109 28.1%
Howard County 27133 11.1%
Frederick County 27177 25.9%
Harford County 18104 22.2%
Calvert County 1685 31.3%

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: 527 applications in 2025, of which 199 were originated and 167 denied.

31.7% of all applications, or 45.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans USAA Federal Savings Bank originated in Maryland in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are USAA Federal Savings 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