Largest lenders in Charles County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Navy Federal Credit Union | D | 889 | 422 | 25.7% | 8.20% |
| 2 | Rocket Mortgage | C | 546 | 386 | 17.6% | 6.50% |
| 3 | United Shore Financial Services | B | 451 | 306 | 13.3% | 6.00% |
| 4 | Freedom Mortgage | B | 438 | 221 | 5.7% | 5.99% |
| 5 | Lennar Mortgage | A | 376 | 274 | 7.7% | 6.13% |
| 6 | Pennymac Loan Services | C | 322 | 148 | 15.2% | 6.00% |
| 7 | Mortgage Research Center | C | 309 | 146 | 15.5% | 5.99% |
| 8 | Newrez | D | 274 | 73 | 20.4% | 6.25% |
| 9 | Dhi Mortgage Company | B | 272 | 175 | 12.1% | 5.50% |
| 10 | Truist Bank | C | 196 | 82 | 41.8% | 6.61% |
| 11 | Fairway Independent Mortgage | B | 172 | 126 | 9.3% | 6.63% |
| 12 | Spring Eq | D | 166 | 36 | 54.8% | 9.85% |
| 13 | First Home Mortgage | B | 164 | 127 | 2.4% | 6.63% |
| 14 | PNC Bank | D | 160 | 96 | 26.3% | 7.55% |
| 15 | Bank of America | F | 132 | 44 | 46.2% | 6.24% |
| 16 | Loandepot.Com | D | 127 | 77 | 18.9% | 6.25% |
| 17 | Crosscountry Mortgage | B | 122 | 80 | 3.3% | 6.58% |
| 18 | WesBanco Bank | B | 120 | 57 | 15.0% | 6.50% |
| 19 | Towne Bank | B | 112 | 69 | 6.3% | 6.38% |
| 20 | Carrington Mortgage Services | D | 108 | 27 | 50.0% | 7.37% |
| 21 | Broker Solutions | D | 103 | 31 | 9.7% | 6.63% |
| 22 | Educational Systems | C | 99 | 51 | 36.4% | 4.99% |
| 23 | NFM | A | 98 | 76 | 2.0% | 6.63% |
| 24 | Coastal Community Bank | C | 92 | 29 | 2.2% | 10.49% |
| 25 | Village Capital & Investment | C | 88 | 35 | 15.9% | 5.75% |
Best approval odds in Charles County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Waterstone Mortgage | 50 | 2.0% |
| 2 | NFM | 80 | 2.5% |
| 3 | Coastal Community Bank | 70 | 2.9% |
| 4 | First Home Mortgage | 134 | 3.0% |
| 5 | American Neighborhood Mortgage Acceptance Company | 58 | 3.5% |
| 6 | Crosscountry Mortgage | 85 | 4.7% |
| 7 | First Heritage Mortgage | 69 | 5.8% |
| 8 | Freedom Mortgage | 288 | 8.7% |
| 9 | Towne Bank | 77 | 9.1% |
| 10 | Lennar Mortgage | 303 | 9.6% |
What Charles County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Charles County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 7,847 | 4,237 | 22.1% | 6.75% | $335,000 |
| 2024 | 8,838 | 4,806 | 20.5% | 6.63% | $345,000 |
| 2025 | 9,571 | 5,144 | 18.6% | 6.49% | $365,000 |
Frequently asked questions
18.6% of applications in Charles County were denied in 2025, against 18.8% statewide in Maryland.
Navy Federal Credit Union, with 889 applications in 2025 and a denial rate of 25.7%.
The median mortgage application in Charles County in 2025 was for $365,000; the median property value on originated loans was $475,000.