Wilmington Savings Fund Society · Maryland · 2025

Wilmington Savings Fund Society in Maryland: approval rate, denial rate and rates (2025)

Wilmington Savings Fund Society took 95 mortgage applications in Maryland in 2025, ranking #237 of 810 lenders active in the state. It originated 67.4% of them and denied 13.7% (16.5% of the applications it decided), against a statewide denial rate of 18.8%.

95Applicationsin MD
16.5%Decision denial ratestate 24.1%
7.00%Median ratestate 6.63%
$235,000Median loanstate $265,000
$32MVolume15 counties

Wilmington Savings Fund Society in Maryland vs the state

13.7%Denial rate-5.12 pts vs state
16.5%Decision denial rate-7.67 pts vs state
67.4%Origination rate+11.66 pts vs state
7.00%Median rate+0.38 pts vs state
0.01Rate spread (pts)-0.24 pts vs state
$158kMedian applicant income
64Loans originated
13Denied

Trend in Maryland

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023714612.7%7.56%#250
2024754622.7%7.75%#254
2025956413.7%7.00%#237

What Wilmington Savings Fund Society lends in Maryland

By loan purpose

Home purchase 30 32% · 6.7% denied
Refinance 26 27% · 11.5% denied
Cash-out refinance 3 3% · 0.0% denied
Home improvement 19 20% · 26.3% denied
Other / HELOC 17 18% · 17.7% denied

By loan type

Conventional 94 99% · 12.8% denied
VA 1 1% · 100.0% denied

Why it denied Maryland applicants

Collateral 6 46%
Debt-to-income ratio 4 31%
Credit history 2 15%
Other 1 8%

Where in Maryland

Counties with the most Wilmington Savings Fund Society applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cecil County 43276 14.0%
Worcester County 17104 23.5%
Queen Anne's County 641 16.7%
Baltimore County 420 0.0%
Kent County 431 25.0%
Harford County 330 0.0%
Montgomery County 321 33.3%
Anne Arundel County 330 0.0%
St. Mary's County 220 0.0%
Carroll County 210 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: 95 applications in 2025, of which 64 were originated and 13 denied.

13.7% of all applications, or 16.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.

The median rate on loans Wilmington Savings Fund Society originated in Maryland in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Wilmington Savings Fund Society'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