Talbot County, Maryland · 2025

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

198 lenders acted on 1,466 mortgage applications for properties in Talbot County in 2025. 15.0% were denied (Maryland: 18.8%). Median rate on closed loans 6.75%; median loan $265,000; median property value $495,000.

1.5kApplications
15.0%Denial ratestate 18.8%
6.75%Median ratestate 6.63%
$265,000Median loan
$495,000Median property value

Largest lenders in Talbot County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Shore United Bank C 180122 15.0%6.88%
2 PNC Bank D 7738 28.6%7.29%
3 Rocket Mortgage C 7766 9.1%6.93%
4 Bank of America F 4925 22.5%6.25%
5 Bay Capital Mortgage B 4841 6.3%6.63%
6 United Shore Financial Services B 4832 12.5%6.25%
7 First Home Mortgage B 4034 0.0%6.69%
8 Navy Federal Credit Union D 3418 29.4%7.58%
9 Truist Bank C 3219 21.9%6.35%
10 Manufacturers and Traders Trust C 3016 33.3%5.99%
11 State Employees Credit Union of Maryland D 2815 42.9%6.38%
12 Loandepot.Com D 2715 22.2%6.88%
13 Pennymac Loan Services C 2412 8.3%8.75%
14 Guaranteed Rate B 2313 0.0%6.50%
15 NFM A 2319 0.0%6.75%
16 Figure Lending C 239 47.8%9.65%
17 Freedom Mortgage B 229 13.6%6.75%
18 Newrez D 225 9.1%6.13%
19 Citizens Bank C 2111 33.3%8.65%
20 Nationstar Mortgage C 2116 4.8%9.00%
21 Coastal Community Bank C 218 0.0%13.74%
22 Lennar Mortgage A 1915 15.8%6.19%
23 Spring Eq D 173 47.1%11.48%
24 Educational Systems C 147 42.9%4.99%
25 Broker Solutions D 142 21.4%8.38%

Best approval odds in Talbot County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage749.5%
2Shore United Bank15018.0%
3PNC Bank6235.5%

What Talbot County borrowers applied for

By loan purpose

Home purchase 587 40% · 6.8% denied
Refinance 198 14% · 12.1% denied
Cash-out refinance 260 18% · 11.9% denied
Home improvement 238 16% · 27.7% denied
Other / HELOC 183 12% · 32.2% denied

By loan type

Conventional 1,212 83% · 15.9% denied
FHA 148 10% · 12.2% denied
VA 97 7% · 7.2% denied
USDA / RHS 9 1% · 22.2% denied

Why applications were denied

Debt-to-income ratio 83 38%
Credit history 49 22%
Collateral 32 15%
Incomplete application 24 11%
Other 18 8%
Unverifiable information 6 3%
Insufficient cash 5 2%
Employment history 1 0%

Talbot County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,11869415.9%6.75%$245,000
20241,29984215.7%6.85%$255,000
20251,46690715.0%6.75%$265,000

Frequently asked questions

15.0% of applications in Talbot County were denied in 2025, against 18.8% statewide in Maryland.

Shore United Bank, with 180 applications in 2025 and a denial rate of 15.0%.

The median mortgage application in Talbot County in 2025 was for $265,000; the median property value on originated loans was $495,000.