Kent County, Maryland · 2025

Mortgage lenders in Kent County, MD: denial rates and top lenders (2025)

162 lenders acted on 750 mortgage applications for properties in Kent County in 2025. 18.4% were denied (Maryland: 18.8%). Median rate on closed loans 6.63%; median loan $215,000; median property value $365,000.

750Applications
18.4%Denial ratestate 18.8%
6.63%Median ratestate 6.63%
$215,000Median loan
$365,000Median property value

Largest lenders in Kent County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 6146 11.5%6.38%
2 PNC Bank D 4224 31.0%8.12%
3 Truist Bank C 3015 36.7%6.69%
4 The Peoples Bank 2720 3.7%
5 United Shore Financial Services B 2514 16.0%6.06%
6 Atlantic Coast Mortgage A 2216 0.0%6.49%
7 First Home Mortgage B 2119 0.0%6.63%
8 NFM A 1916 0.0%6.63%
9 Vanderbilt Mortgage and Finance F 192 57.9%11.00%
10 Newrez D 186 33.3%8.88%
11 Mortgage Research Center C 189 11.1%7.13%
12 Pennymac Loan Services C 179 0.0%6.38%
13 Guild Mortgage A 1713 0.0%6.63%
14 State Employees Credit Union of Maryland D 146 50.0%5.81%
15 Navy Federal Credit Union D 135 30.8%7.90%
16 Shore United Bank C 136 30.8%6.63%
17 Freedom Mortgage B 124 8.3%5.75%
18 AmeriSave Mortgage D 104 60.0%9.13%
19 New Day Financial F 102 30.0%6.68%
20 Broker Solutions D 105 0.0%7.25%
21 Sofi Bank D 104 10.0%7.33%
22 Bank of America F 94 55.6%6.49%
23 Mld Mortgage A 98 0.0%6.56%
24 Aberdeen Proving Ground Federal Credit Union C 95 33.3%1.99%
25 Manufacturers and Traders Trust C 82 37.5%7.34%

Best approval odds in Kent County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Rocket Mortgage5512.7%

What Kent County borrowers applied for

By loan purpose

Home purchase 305 41% · 9.5% denied
Refinance 115 15% · 17.4% denied
Cash-out refinance 164 22% · 19.5% denied
Home improvement 63 8% · 42.9% denied
Other / HELOC 103 14% · 29.1% denied

By loan type

Conventional 529 71% · 19.9% denied
FHA 134 18% · 14.2% denied
VA 72 10% · 18.1% denied
USDA / RHS 15 2% · 6.7% denied

Why applications were denied

Debt-to-income ratio 43 31%
Credit history 36 26%
Collateral 23 17%
Other 16 12%
Incomplete application 13 9%
Unverifiable information 5 4%
Insufficient cash 1 1%

Kent County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202364138317.9%6.88%$215,000
202472343416.6%6.87%$215,000
202575043818.4%6.63%$215,000

Frequently asked questions

18.4% of applications in Kent County were denied in 2025, against 18.8% statewide in Maryland.

Rocket Mortgage, with 61 applications in 2025 and a denial rate of 11.5%.

The median mortgage application in Kent County in 2025 was for $215,000; the median property value on originated loans was $365,000.