Worcester County, Maryland · 2025

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

306 lenders acted on 3,954 mortgage applications for properties in Worcester County in 2025. 17.9% were denied (Maryland: 18.8%). Median rate on closed loans 6.88%; median loan $255,000; median property value $445,000.

4.0kApplications
17.9%Denial ratestate 18.8%
6.88%Median ratestate 6.63%
$255,000Median loan
$445,000Median property value

Largest lenders in Worcester County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Movement Mortgage A 222165 4.5%6.99%
2 Rocket Mortgage C 220153 20.5%6.99%
3 CMG Mortgage A 167131 1.2%6.88%
4 PNC Bank D 13459 32.8%7.89%
5 Direct Mortgage Loans B 11892 2.5%6.88%
6 Embrace Home Loans A 10888 4.6%6.99%
7 State Employees Credit Union of Maryland D 10242 46.1%6.81%
8 Manufacturers and Traders Trust C 9856 29.6%5.99%
9 Truist Bank C 9650 35.4%6.49%
10 NVR Mortgage Finance B 9570 17.9%6.88%
11 Navy Federal Credit Union D 8236 25.6%7.44%
12 NFM A 7866 0.0%6.88%
13 Newrez D 7824 19.2%6.69%
14 United Shore Financial Services B 7754 18.2%6.13%
15 Bank of America F 7633 27.6%5.99%
16 The Farmers Bank of Willards D 5938 10.2%
17 Calvin B. Taylor Banking Company of Berlin, Maryland C 5835 17.2%6.40%
18 First Shore Federal Savings and Loan Association D 5435 13.0%
19 Pennymac Loan Services C 5329 9.4%6.62%
20 Spring Eq D 5311 56.6%8.80%
21 TOWER Federal Credit Union C 5031 26.0%7.00%
22 Luminate Bank B 4636 2.2%6.88%
23 Shore United Bank C 4529 13.3%6.38%
24 First Home Mortgage B 4239 2.4%6.75%
25 AmeriSave Mortgage D 4014 60.0%8.25%

Best approval odds in Worcester County

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

What Worcester County borrowers applied for

By loan purpose

Home purchase 2,031 51% · 9.8% denied
Refinance 506 13% · 15.4% denied
Cash-out refinance 587 15% · 22.8% denied
Home improvement 365 9% · 36.2% denied
Other / HELOC 465 12% · 35.5% denied

By loan type

Conventional 3,502 89% · 17.9% denied
FHA 267 7% · 21.4% denied
VA 179 5% · 14.0% denied
USDA / RHS 6 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 213 30%
Collateral 147 21%
Credit history 127 18%
Incomplete application 87 12%
Other 80 11%
Unverifiable information 27 4%
Insufficient cash 15 2%
Employment history 5 1%

Worcester County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,2582,01417.6%7.00%$235,000
20243,6252,22717.0%7.13%$245,000
20253,9542,32417.9%6.88%$255,000

Frequently asked questions

17.9% of applications in Worcester County were denied in 2025, against 18.8% statewide in Maryland.

Movement Mortgage, with 222 applications in 2025 and a denial rate of 4.5%.

The median mortgage application in Worcester County in 2025 was for $255,000; the median property value on originated loans was $445,000.