Largest lenders in Calvert County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Navy Federal Credit Union | D | 378 | 187 | 15.9% | 8.25% |
| 2 | Rocket Mortgage | C | 274 | 219 | 13.9% | 6.63% |
| 3 | First Home Mortgage | B | 220 | 180 | 0.9% | 6.50% |
| 4 | United Shore Financial Services | B | 163 | 119 | 9.2% | 6.00% |
| 5 | Pennymac Loan Services | C | 140 | 80 | 10.0% | 6.50% |
| 6 | Freedom Mortgage | B | 140 | 69 | 5.0% | 5.75% |
| 7 | PNC Bank | D | 139 | 74 | 32.4% | 7.66% |
| 8 | Bank of America | F | 132 | 41 | 43.2% | 6.49% |
| 9 | Mortgage Research Center | C | 122 | 60 | 16.4% | 6.06% |
| 10 | Truist Bank | C | 113 | 58 | 37.2% | 6.36% |
| 11 | Newrez | D | 108 | 38 | 14.8% | 6.25% |
| 12 | American Neighborhood Mortgage Acceptance Company | B | 84 | 51 | 0.0% | 6.50% |
| 13 | Towne Bank | B | 75 | 57 | 0.0% | 6.25% |
| 14 | Educational Systems | C | 70 | 44 | 25.7% | 4.99% |
| 15 | Spring Eq | D | 67 | 22 | 41.8% | 9.54% |
| 16 | Manufacturers and Traders Trust | C | 63 | 39 | 30.2% | 5.99% |
| 17 | Crosscountry Mortgage | B | 61 | 44 | 3.3% | 6.47% |
| 18 | Bay Capital Mortgage | B | 58 | 47 | 8.6% | 6.38% |
| 19 | AmeriSave Mortgage | D | 49 | 14 | 57.1% | 8.94% |
| 20 | Shore United Bank | C | 47 | 30 | 21.3% | 6.38% |
| 21 | Guild Mortgage | A | 46 | 36 | 0.0% | 6.38% |
| 22 | TOWER Federal Credit Union | C | 46 | 33 | 21.7% | 7.00% |
| 23 | Loandepot.Com | D | 43 | 20 | 23.3% | 6.00% |
| 24 | Coastal Community Bank | C | 43 | 10 | 0.0% | 10.37% |
| 25 | U.S. Bank | D | 41 | 22 | 29.3% | 6.93% |
Best approval odds in Calvert County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Towne Bank | 57 | 0.0% |
| 2 | American Neighborhood Mortgage Acceptance Company | 51 | 0.0% |
| 3 | First Home Mortgage | 184 | 1.1% |
| 4 | Freedom Mortgage | 82 | 8.5% |
| 5 | Bay Capital Mortgage | 52 | 9.6% |
| 6 | United Shore Financial Services | 140 | 10.7% |
| 7 | Rocket Mortgage | 262 | 14.5% |
| 8 | Pennymac Loan Services | 94 | 14.9% |
| 9 | Navy Federal Credit Union | 249 | 24.1% |
| 10 | Mortgage Research Center | 80 | 25.0% |
What Calvert County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Calvert County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 3,304 | 1,894 | 18.9% | 6.75% | $265,000 |
| 2024 | 3,869 | 2,314 | 16.2% | 6.75% | $285,000 |
| 2025 | 4,306 | 2,531 | 15.7% | 6.62% | $305,000 |
Frequently asked questions
15.7% of applications in Calvert County were denied in 2025, against 18.8% statewide in Maryland.
Navy Federal Credit Union, with 378 applications in 2025 and a denial rate of 15.9%.
The median mortgage application in Calvert County in 2025 was for $305,000; the median property value on originated loans was $515,000.