Largest lenders in Caroline County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 84 | 64 | 16.7% | 6.88% |
| 2 | Dhi Mortgage Company | B | 69 | 34 | 27.5% | 5.50% |
| 3 | Shore United Bank | C | 69 | 38 | 30.4% | 6.50% |
| 4 | United Shore Financial Services | B | 61 | 42 | 19.7% | 6.14% |
| 5 | PNC Bank | D | 48 | 28 | 31.3% | 8.22% |
| 6 | NFM | A | 44 | 36 | 0.0% | 6.63% |
| 7 | Pennymac Loan Services | C | 43 | 20 | 9.3% | 6.25% |
| 8 | First Home Mortgage | B | 42 | 34 | 0.0% | 6.69% |
| 9 | Navy Federal Credit Union | D | 41 | 22 | 22.0% | 8.63% |
| 10 | Manufacturers and Traders Trust | C | 35 | 22 | 28.6% | 5.99% |
| 11 | Truist Bank | C | 35 | 10 | 60.0% | 7.32% |
| 12 | Newrez | D | 32 | 11 | 28.1% | 6.38% |
| 13 | Vanderbilt Mortgage and Finance | F | 32 | 1 | 53.1% | 7.50% |
| 14 | Freedom Mortgage | B | 30 | 15 | 13.3% | 6.25% |
| 15 | State Employees Credit Union of Maryland | D | 24 | 9 | 41.7% | 7.00% |
| 16 | Loandepot.Com | D | 22 | 12 | 27.3% | 7.50% |
| 17 | Spring Eq | D | 21 | 5 | 47.6% | 10.20% |
| 18 | AmeriSave Mortgage | D | 19 | 4 | 68.4% | 8.69% |
| 19 | Coastal Community Bank | C | 19 | 6 | 5.3% | 10.99% |
| 20 | Mortgage Research Center | C | 17 | 8 | 5.9% | 6.25% |
| 21 | Burke & Herbert Bank & Trust | C | 16 | 9 | 25.0% | 8.00% |
| 22 | Bay Capital Mortgage | B | 16 | 15 | 0.0% | 6.63% |
| 23 | Bank of America | F | 14 | 3 | 57.1% | 5.99% |
| 24 | Broker Solutions | D | 14 | 1 | 21.4% | 7.13% |
| 25 | Tidewater Mortgage Services | C | 14 | 6 | 0.0% | 6.69% |
Best approval odds in Caroline County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Rocket Mortgage | 78 | 18.0% |
| 2 | United Shore Financial Services | 54 | 22.2% |
| 3 | Dhi Mortgage Company | 54 | 35.2% |
| 4 | Shore United Bank | 59 | 35.6% |
What Caroline County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Caroline County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,065 | 553 | 23.3% | 6.88% | $185,000 |
| 2024 | 1,214 | 656 | 22.1% | 6.75% | $195,000 |
| 2025 | 1,348 | 748 | 20.9% | 6.63% | $205,000 |
Frequently asked questions
20.9% of applications in Caroline County were denied in 2025, against 18.8% statewide in Maryland.
Rocket Mortgage, with 84 applications in 2025 and a denial rate of 16.7%.
The median mortgage application in Caroline County in 2025 was for $205,000; the median property value on originated loans was $335,000.