Maryland Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Maryland averaged 6.67% for the week of 2025-01-09, compared to the national average of 6.93% for the same period.

    The average rate for the prior week (2025-01-02) was 7.05% and one month ago for the week of 2024-12-05, the average rate was 6.53%.

    Maryland's average rate one year ago was 6.76%.

    For refis of the same type during the week of 2025-01-09, the average rate was 7.91%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-01-09 6.93%
    Maryland 30 Year Fixed Rate 2025-01-09 6.67%
    Maryland 30 Year Fixed Rate Refi 2025-01-09 7.91%
    Maryland 15 Year Fixed Rate 2025-01-09 6.36%
    Maryland 15 Year Fixed Rate Refi 2025-01-09 6.07%
    Maryland 30 Year FHA 2025-01-09 6.63%
    Maryland 30 Year FHA Refi 2025-01-09 6.36%
    Maryland 30 Year USDA 2025-01-09 6.27%
    Maryland 30 Year USDA Refi 2025-01-09 6.32%
    Maryland 30 Year VA 2025-01-09 6.05%
    Maryland 30 Year VA Refi 2025-01-09 5.7%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Maryland.

    Maryland Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Maryland market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 2,738 6.74% $7,641
    FIRST HOME MORTGAGE CORPORATION 1,991 6.63% $9,688
    UNITED WHOLESALE MORTGAGE, LLC 1,836 6.71% $8,873
    Truist 1,181 6.28% $6,136
    NVR Mortgage Finance, Inc. 1,120 6.38% $8,094
    NFM, INC. 1,038 6.90% $8,682
    Prosperity Home Mortgage, LLC 837 6.78% $7,860
    PRIMARY RESIDENTIAL MORTGAGE, INC. 764 6.73% $9,166
    NAVY FEDERAL CREDIT UNION 755 6.56% $5,498
    Towne Bank 736 6.61% $7,380
    George Mason Mortgage, LLC 701 6.52% $6,838
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 698 6.71% $6,928
    JPMorgan Chase Bank 694 6.57% $6,874
    Bank of America 612 6.17% $6,428
    Wells Fargo Bank 594 6.10% $4,757
    Meridian Bank Corporation 503 6.79% $5,650
    EMBRACE HOME LOANS, INC. 492 6.73% $7,884
    MOVEMENT MORTGAGE, LLC 489 6.91% $7,198
    CMG MORTGAGE, INC. 468 6.75% $6,791
    EAGLE HOME MORTGAGE, LLC 455 6.52% $8,783
    CROSSCOUNTRY MORTGAGE, LLC 439 6.86% $8,544
    Sandy Spring Bank 438 6.72% $6,584
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 421 6.66% $5,245
    PRIMELENDING, A PLAINSCAPITAL COMPANY 405 6.78% $8,184
    M&T Bank 386 6.42% $6,162
    FIRST SAVINGS MORTGAGE CORPORATION 381 6.56% $8,212
    NEWREZ LLC 379 6.98% $8,248
    BAY EQUITY LLC 368 6.62% $7,061
    PENNYMAC LOAN SERVICES, LLC 349 6.56% $8,362
    BAY CAPITAL MORTGAGE CORPORATION 348 6.70% $7,660
    First National Bank of Pennsylvania 342 6.32% $6,545
    GUARANTEED RATE, INC. 342 6.58% $7,439
    Presidential Bank, FSB 342 6.73% $8,818
    HOMESPIRE MORTGAGE CORPORATION 331 6.93% $8,452
    GUARANTEED RATE AFFINITY, LLC 321 6.73% $5,623
    PNC Bank 319 6.47% $5,907
    Fulton Bank 318 6.49% $6,731
    Shore United Bank 316 6.36% $7,379
    First Heritage Mortgage, LLC 301 6.72% $7,873
    First National Bank of America 284 9.96% $12,574
    Vellum Mortgage, Inc. 267 6.84% $7,566
    CALIBER HOME LOANS, INC. 261 6.43% $7,422
    Atlantic Coast Mortgage, LLC 259 6.59% $8,943
    DIRECT MORTGAGE LOANS, LLC 247 6.81% $10,545
    DHI MORTGAGE COMPANY, LTD. 245 5.98% $4,019
    DRAPER AND KRAMER MORTGAGE CORP. 243 6.64% $6,921
    Citibank 238 5.51% $7,008
    SWBC MORTGAGE CORPORATION 236 6.95% $5,799
    TD Bank 233 6.22% $4,674
    HOMESIDE FINANCIAL, LLC 230 6.89% $7,933
    WesBanco 221 6.44% $7,219
    LOANDEPOT.COM, LLC 218 6.57% $7,381
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 206 6.98% $10,491
    GUILD MORTGAGE COMPANY 203 6.82% $7,476
    FIDELITY DIRECT MORTGAGE, LLC 202 7.05% $9,088
    INTERCOASTAL MORTGAGE COMPANY 194 6.58% $8,272
    Mr. Cooper ( Nationstar Mortgage ) 182 6.72% $10,011
    ACADEMY MORTGAGE CORPORATION 181 6.46% $7,315
    Plains Commerce Bank 179 6.82% $8,985
    U.S. Bank 178 6.50% $6,796
    Morgan Stanley Private Bank 178 5.79% $4,938
    CHURCHILL MORTGAGE CORPORATION 175 6.77% $9,463
    ABSOLUTE HOME MORTGAGE CORPORATION 174 6.90% $5,579
    Ameris Bank 173 6.66% $9,006
    PENTAGON FEDERAL CREDIT UNION 167 6.32% $5,825
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 166 5.63% $4,960
    Sierra Pacific Mortgage Company, Inc. 153 6.73% $7,213
    UNION HOME MORTGAGE CORP. 147 7.09% $9,428
    PROVIDENT FUNDING ASSOCIATES, L.P. 144 6.53% $6,014
    OCMBC, INC. 140 9.04% $13,808
    FREEDOM MORTGAGE CORPORATION 135 6.89% $10,176
    THE MORTGAGE LINK, INC. 134 6.79% $9,228
    American Mortgage & Equity Consultants, Inc. 127 6.96% $7,627
    Bank-Fund Staff Federal Credit Union 127 5.71% $5,020
    Citizens Bank 127 6.49% $7,990
    United Nations Federal Credit Union 119 5.66% $4,638
    Paramount Residential Mortgage Group, Inc. 116 7.25% $10,680
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 108 6.87% $8,111
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION 107 5.67% $3,948
    ENVOY MORTGAGE, LTD 106 6.72% $8,316
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 105 6.96% $7,471
    DAS Acquisition Company, LLC 100 7.01% $8,228
    Flagstar Bank, FSB 92 7.08% $8,977
    THRIVE MORTGAGE, LLC 89 6.45% $7,293
    PULTE MORTGAGE LLC 89 6.23% $1,856
    ARC HOME LLC 88 7.05% $10,936
    MORTGAGE EQUITY PARTNERS LLC 88 6.97% $7,531
    BROKER SOLUTIONS, INC. 88 6.93% $8,528
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 88 7.04% $7,524
    AMERICAN FINANCIAL NETWORK, INC. 87 6.91% $9,808
    CARDINAL FINANCIAL 87 6.77% $9,109
    MUTUAL OF OMAHA MORTGAGE, INC. 87 6.84% $6,881
    FIRST FINANCIAL OF MARYLAND 83 5.63% $3,649
    FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 80 5.51% $2,852
    EMM LOANS LLC 79 6.65% $8,520
    Waterstone Mortgage Corporation 77 7.08% $8,620
    Residential Mortgage Solutions, Inc. 76 6.77% $7,392
    NATIONWIDE MORTGAGE BANKERS, INC. 75 6.82% $8,709
    EQUITY RESOURCES, INC. 75 7.03% $5,939
    AMERISAVE MORTGAGE CORPORATION 74 6.35% $9,928
    EVERETT FINANCIAL, INC. 73 6.90% $9,778
    SOUTHERN TRUST MORTGAGE, LLC 69 6.63% $7,682
    NP, Inc. 65 8.57% $9,342
    TOWER 62 6.37% $6,708
    PLAZA HOME MORTGAGE, INC. 62 6.96% $11,837
    Integrity Home Mortgage Corp 61 7.08% $7,935
    BETTER MORTGAGE CORPORATION 61 6.38% $5,682
    MILLENNIUM FINANCIAL GROUP, INC. 59 6.75% $5,722
    Capital Bank 58 6.87% $8,034
    CONTOUR MORTGAGE CORPORATION 54 6.81% $9,223
    MICHIGAN MUTUAL, INC. 54 6.73% $9,491
    The Federal Savings Bank 54 6.87% $8,669
    Homesale Mortgage, LLC 53 6.93% $5,479
    NexBank 52 6.69% $8,813
    USAA Federal Savings Bank 49 6.52% $6,663
    BAYSHORE MORTGAGE FUNDING, LLC 49 6.79% $8,733
    MORTGAGE ACCESS CORP. 49 6.95% $6,735
    NASA Federal Credit Union 48 6.57% $8,395
    NORWICH COMMERCIAL GROUP, INC. 48 7.22% $9,318
    INTERLINC MORTGAGE SERVICES, LLC 48 6.55% $9,544
    HOMEAMERICAN MORTGAGE CORPORATION 47 6.11% $2,244
    NATIONS DIRECT MORTGAGE, LLC 46 7.01% $9,311
    T2 FINANCIAL LLC 45 6.96% $7,664
    POINT BREEZE 45 6.22% $3,554
    Nations Lending Corporation 44 6.81% $7,388
    NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION 43 6.47% $6,249
    ZILLOW HOME LOANS, LLC 43 6.86% $6,046
    Mortgage Research Center, LLC 43 6.53% $8,168
    The Loan Store, Inc. 43 7.16% $11,148
    NBKC BANK 42 6.76% $4,097
    TJC Mortgage, Inc. 42 6.57% $8,551
    The Huntington National Bank 42 6.51% $10,057
    GUIDANCE RESIDENTIAL, LLC 42 7.14% $6,804
    HOMEBRIDGE FINANCIAL SERVICES, INC. 41 6.71% $9,517
    Ally Bank 40 6.16% $9,586
    Keystone Funding, Inc. 39 6.81% $9,853
    AMERICAN PACIFIC MORTGAGE CORPORATION 38 6.59% $9,032
    SUN WEST MORTGAGE COMPANY, INC. 37 6.68% $11,038
    PIKE CREEK MORTGAGE SERVICES, INC. 36 6.76% $9,176
    EDUCATIONAL SYSTEMS 36 6.57% $5,798
    Century Mortgage Company DBA Century Lending Company 34 7.07% $7,365
    Alcova Mortgage LLC 33 6.93% $4,467
    Citadel Servicing Corporation 33 8.95% $14,440
    Watermark Capital, Inc. 33 6.93% $7,721
    MCLEAN MORTGAGE CORPORATION 33 5.95% $4,860
    RADIUS FINANCIAL GROUP INC. 33 6.90% $7,685
    Northpointe Bank 32 6.64% $7,806
    HOMEXPRESS MORTGAGE CORP. 32 8.64% $15,413
    A&D Mortgage LLC 32 8.04% $13,552
    LAFAYETTE FEDERAL CREDIT UNION 32 5.96% $5,081
    CNB Bank Inc. 31 6.73% $4,025
    MY MORTGAGE, INC. 31 7.05% $7,062
    UBS Bank USA 31 6.23% $5,751
    Signal Financial Federal Credit Union 30 6.77% $4,422
    FIRST ALLIANCE HOME MORTGAGE, LLC 30 6.68% $12,769
    Cedar Point Federal Credit Union 29 6.07% $5,387
    TIDEWATER MORTGAGE SERVICES, INC. 28 6.96% $7,231
    UIF CORPORATION 28 6.89% $5,423
    Orrstown Bank 28 6.46% $5,037
    NATIONAL COOPERATIVE BANK, N.A. 28 6.54% $2,727
    Stifel Bank and Trust 27 5.94% $3,670
    TBI MORTGAGE COMPANY 26 6.68% $17,003
    CBM Mortgage, Inc. 26 6.77% $6,608
    NMSI, INC. 26 7.37% $11,545
    Charles Schwab Bank, SSB 26 5.75% $4,701
    MidAtlantic Farm Credit, ACA 25 7.24% $5,486
    Dollar Bank, Federal Savings Bank 25 6.68% $14,083
    FEDERATED MORTGAGE CORP. 25 6.91% $4,336
    Warsaw Federal Savings and Loan Association 24 6.81% $5,909
    Blue Ridge Bank 24 6.69% $5,966
    PHH Mortgage Corporation 23 7.12% $6,796
    UNIVERSAL MORTGAGE & FINANCE, INC. 23 7.17% $12,553
    DEEPHAVEN MORTGAGE LLC 23 9.04% $13,604
    WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 23 5.80% $4,162
    PEOPLESBANK, A CODORUS VALLEY COMPANY 22 6.02% $5,112
    First-Citizens Bank & Trust Company 22 5.97% $5,666
    Carrington Mortgage Services, LLC 22 6.38% $8,013
    VAN DYK MORTGAGE CORPORATION 22 7.03% $4,300
    DIGITAL Federal Credit Union 22 5.28% $4,136
    Atlantic Union Bank 22 6.83% $8,778
    C & F Mortgage Corporation 22 6.55% $7,057
    IDB Global Federal Credit Union 21 5.35% $6,178
    First Option Mortgage, LLC 21 7.51% $8,701
    GEO-CORP, INC. 21 7.17% $6,538
    Kwik Mortgage Corporation 20 6.49% $4,994
    CORNERSTONE HOME LENDING, INC. 20 7.16% $10,444
    ANGEL OAK MORTGAGE SOLUTIONS LLC 19 8.86% $12,231
    Amalgamated Bank 18 5.83% $5,898
    SUCCESS MORTGAGE PARTNERS, INC. 17 6.61% $12,124
    EagleBank 17 6.01% $6,970
    COMMONWEALTH ONE FEDERAL CREDIT UNION 17 5.50% $5,623
    Third Federal Savings and Loan Association of Cleveland 16 5.85% $3,639
    CHERRY CREEK MORTGAGE, LLC 16 6.45% $501
    Strong Home Mortgage, LLC 16 6.70% $4,835
    Clear Mountain Bank 16 7.03% $4,092
    RELIANCE FIRST CAPITAL, LLC 16 7.50% $11,037
    ROYAL UNITED MORTGAGE LLC 16 6.85% $9,223
    BMO Harris Bank 16 6.10% $7,459
    Encompass Lending Group, LP 16 6.87% $5,813
    The Glen Burnie Mutual Savings Bank 15 6.20% $3,480
    Raymond James Bank 15 5.46% $4,286
    Aurora Financial, LLC 15 6.51% $2,831
    Farmers and Merchants Trust Company of Chambersburg 15 5.93% $4,350
    ITHINK FINANCIAL Credit Union 15 7.29% $11,409
    CHESSIE 15 6.88% $3,114
    AmeriHome Mortgage Company, LLC 14 6.87% $6,317
    Goldman Sachs Bank USA 14 5.72% $5,882
    MDE Home Loans, LLC 14 6.17% $14,415
    PLANET HOME LENDING, LLC 14 6.68% $11,619
    GSF Mortgage Corporation 14 6.41% $6,211
    FIRST COMMUNITY MORTGAGE, INC. 14 6.96% $7,699
    PREMIA MORTGAGE, LLC 14 6.79% $2,514
    S&T Bank 13 6.45% $7,390
    NEW WAVE LENDING GROUP INC 13 7.81% $13,490
    JMAC LENDING, INC. 13 7.75% $12,183
    The Freedom Bank of Virginia 13 6.44% $6,084
    Univest Bank and Trust Co. 12 6.80% $7,339
    LIBRARY OF CONGRESS 12 6.02% $15,757
    Barrington Bank & Trust Company, N.A. 12 6.67% $4,805
    MORIA DEVELOPMENT, INC. 12 7.09% $6,004
    ACNB Bank 12 5.76% $3,560
    PATRIOT 11 5.83% $3,897
    GUARANTY HOME MORTGAGE CORPORATION 11 6.26% $5,736
    Summit Community Bank, Inc. 11 7.16% $4,248
    ALLIED MORTGAGE GROUP, INC. 11 7.00% $6,316
    TOWNE MORTGAGE COMPANY 11 6.66% $7,975
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 11 6.97% $5,334
    Evolve Bank & Trust 11 7.20% $8,871
    First Federal Bank 11 6.56% $6,170
    BNC National Bank 11 5.92% $4,983
    AMERICAN FINANCING CORPORATION 10 6.35% $7,071
    Wilmington Savings Fund Society, FSB 10 6.18% $9,307
    Florida Capital Bank 10 6.25% $7,022
    Mid-Atlantic Federal Credit Union 10 6.45% $3,371
    NJ LENDERS CORP. 10 7.01% $4,404
    State Department Federal Credit Union 10 6.40% $7,788
    ANDREWS FEDERAL CREDIT UNION 9 6.68% $4,241
    Acre Mortgage and Financial Inc 9 6.93% $7,033
    Beeline Loans, Inc. 9 6.82% $5,957
    JAMS-01, INC. 9 6.97% $8,351
    HSBC BANK USA, NATIONAL ASSOCIATION 9 5.93% $6,101
    KeyBank 9 6.64% $6,086
    AMERICAN HERITAGE LENDING, INC. 9 8.89% $15,028
    CAPITAL CENTER, L.L.C. 9 6.76% $6,536
    MEMBERS 1ST FEDERAL CREDIT UNION 9 6.25% $5,025
    General Mortgage Capital Corporation 9 6.78% $6,241
    IVY MORTGAGE, INC. 9 6.75% $3,244
    Hebron Savings Bank 8 7.44% $4,509
    LAKEVIEW LOAN SERVICING, LLC 8 6.84% $9,365
    NYMEO FEDERAL CREDIT UNION 8 7.03% $2,621
    WINGS FINANCIAL 8 5.50% $5,563
    North American Savings Bank, F.S.B. 8 7.11% $9,949
    Baxter Credit Union 8 6.95% $6,597
    ADVANCIAL 8 8.03% $10,722
    US MORTGAGE CORPORATION 8 6.32% $9,616
    AMERICAN INTERNET MORTGAGE, INC. 7 6.21% $7,355
    VANDERBILT MORTGAGE AND FINANCE, INC. 7 6.66% $4,848
    Lakeview Community Capital, LLC 7 6.71% $8,567
    Bank of England 7 6.95% $5,613
    AmRes Corporation 7 7.43% $8,766
    LENDSURE MORTGAGE CORP. 7 9.07% $17,858
    LENOX FINANCIAL MORTGAGE CORPORATION 7 6.29% $6,407
    GENEVA FINANCIAL, LLC 7 7.16% $12,244
    Northwest Federal Credit Union 7 6.79% $6,059
    Equity Prime Mortgage LLC 7 6.86% $9,638
    JET HOMELOANS, LLC 7 7.00% $5,981
    NEXERA HOLDING LLC 7 8.93% $20,131
    MLD MORTGAGE INC. 7 6.98% $10,865
    1ST FINANCIAL, INC. 7 6.59% $8,018
    Chicago Mortgage Solutions LLC 7 5.98% $7,418
    Credence Funding Corporation 6 6.56% $5,166
    EVANSVILLE TEACHERS 6 6.27% $4,642
    NETWORK CAPITAL FUNDING CORPORATION 6 6.69% $7,295
    York Traditions Bank 6 7.90% $5,231
    FBC MORTGAGE, LLC 6 6.98% $9,331
    City National Bank of West Virginia 6 6.37% $3,474
    LOANPAL, LLC 6 6.81% $8,629
    First Savings Bank 6 6.69% $11,834
    Quontic Bank 6 9.25% $14,181
    Cathay Bank 6 6.42% $4,299
    Cornerstone First Mortgage, Inc 5 6.77% $5,598
    Wyndham Capital Mortgage, Inc. 5 6.00% $4,080
    SeaTrust Mortgage Company 5 7.20% $5,434
    Apple Federal Credit Union 5 6.30% $7,129
    AMERICAN FEDERAL MORTGAGE CORPORATION 5 6.30% $4,615
    The Fidelity Deposit and Discount Bank 5 6.23% $5,095
    FIRST EQUITY MORTGAGE INCORPORATED 5 6.09% $4,934
    Fifth Third Bank 5 7.72% $8,092
    OAKTREE FUNDING CORP. 5 8.32% $22,065
    ONY GLO, INC. 5 7.87% $9,351
    LAND HOME FINANCIAL SERVICES, INC. 5 6.75% $5,355
    HOMESTEAD FUNDING CORP. 5 5.88% $4,078
    Toyota Financial Savings Bank 5 6.77% $4,981
    BNY Mellon 5 5.70% $6,479
    CITY FIRST MORTGAGE SERVICES, L.L.C. 5 8.07% $5,292
    The Ephrata National Bank 4 7.16% $5,386
    LEADERONE FINANCIAL CORPORATION 4 6.84% $9,628
    Loan Simple, Inc. 4 6.62% $11,054
    First Federal Savings and Loan Association of Lakewood 4 6.18% $5,180
    American Security Mortgage Corp. 4 6.81% $10,057
    East Coast Capital Corp. 4 8.13% $13,476
    DEPARTMENT OF COMMERCE 4 7.19% $5,926
    MK LENDING CORP. 4 8.00% $17,500
    City National Bank 4 6.36% $7,708
    Capitol Federal Savings Bank 4 6.03% $6,618
    CANOPY MORTGAGE, LLC 4 6.15% $7,480
    PACIFIC RESIDENTIAL MORTGAGE, LLC 4 7.41% $7,726
    Northwest Bank 4 6.38% $5,193
    Pinnacle Bank 4 6.38% $6,228
    PANORAMA MORTGAGE GROUP, LLC 4 5.34% $6,536
    Armed Forces Bank 3 7.00% $7,411
    STOCKTON MORTGAGE CORPORATION 3 6.83% $7,544
    RESIDENTIAL HOME FUNDING CORP. 3 7.96% $17,921
    JUSTICE Federal Credit Union 3 6.50% $5,342
    Firstrust Savings Bank 3 5.75% $6,511
    FIRST TECHNOLOGY 3 6.46% $4,462
    MANN FINANCIAL INC. 3 6.67% $16,227
    LADERA LENDING, INC. 3 7.21% $8,590
    FM Home Loans, LLC 3 7.12% $7,125
    SECURITYNATIONAL MORTGAGE COMPANY 3 8.83% $8,082
    FRANKLIN MINT 3 5.38% $3,715
    LOANLEADERS OF AMERICA, INC. 3 6.08% $10,582
    Hometown Equity Mortgage, LLC 3 7.13% $7,418
    Gateway First Bank 3 5.83% $3,792
    LIBERTY HOME MORTGAGE CORPORATION 3 7.67% $29,727
    SIRVA MORTGAGE, INC. 3 6.38% $1,075
    HARTFORD FUNDING, LTD. 3 6.75% $6,596
    Victorian Finance, LLC 3 6.13% $19,887
    Commerce Home Mortgage, Inc. 3 8.33% $9,683
    Axos Bank 3 6.92% $14,153
    AXIA FINANCIAL, LLC 3 6.42% $12,067
    INTERSTATE HOME LOAN CENTER, INC. 2 6.44% $12,937
    Academy Bank 2 6.75% $5,450
    AFFINITY 2 6.00% $5,998
    AFFORDABLE MORTGAGE ADVISORS, LLC. 2 6.56% $4,155
    AgFirst Farm Credit Bank 2 7.13% $3,491
    AMERICAN FINANCE HOUSE LARIBA 2 7.26% $6,060
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.31% $5,411
    BAY-VALLEY MORTGAGE GROUP 2 6.63% $4,807
    BECKAM FUNDING CORP. 2 8.50% $17,688
    Bethpage Federal Credit Union 2 6.00% $6,237
    BM Real Estate Services, Inc. 2 6.69% $7,486
    CHEVRON 2 5.81% $7,493
    CIBC Bank USA 2 5.31% $5,726
    CityWorth Mortgage LLC 2 5.50% $19,331
    DATA MORTGAGE, INC. 2 7.75% $4,476
    EASTMAN 2 5.88% $7,047
    Financial Freedom Mortgage, LLC 2 7.56% $9,360
    First Horizon Bank 2 7.69% $6,406
    First Merchants Bank 2 5.63% $6,950
    First United Bank and Trust Company 2 7.69% $12,590
    FOUNDATION MORTGAGE CORPORATION 2 8.50% $8,345
    GENISYS 2 6.06% $4,003
    GuardHill Financial Corp. 2 6.63% $15,740
    HomePromise Corporation 2 8.06% $15,800
    KINECTA 2 6.19% $14,080
    Leader Bank 2 6.62% $4,362
    LEBANON 2 4.75% $4,362
    MASON MCDUFFIE MORTGAGE CORPORATION 2 7.12% $6,112
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 2 6.13% $5,027
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 2 8.25% $7,364
    MID AMERICA MORTGAGE, INC. 2 6.94% $3,323
    MID-ISLAND MORTGAGE CORP. 2 7.06% $7,973
    Mid Penn Bank 2 6.00% $8,572
    MISSION MORTGAGE LLC 2 6.31% $5,290
    NATIONS RELIABLE LENDING, LLC 2 6.81% $5,726
    N R L Federal Credit Union 2 6.88% $8,640
    OCEANSIDE MORTGAGE COMPANY 2 6.38% $3,241
    Old National Bank 2 7.13% $2,901
    PARTNERS 1ST Federal Credit Union 2 7.19% $3,002
    POLARIS HOME FUNDING CORP. 2 6.81% $6,282
    PURDUE FEDERAL CREDIT UNION 2 6.88% $4,510
    RBC Bank, (Georgia) 2 6.06% $3,301
    RUOFF MORTGAGE COMPANY, INC. 2 6.81% $9,370
    Signature Federal Credit Union 2 6.94% $8,406
    SUMMIT FUNDING, INC. 2 6.88% $16,015
    Sunflower Bank 2 7.13% $7,518
    TEACHERS 2 6.50% $5,095
    TOTAL MORTGAGE SERVICES, LLC 2 7.25% $11,944
    UNIFY FINANCIAL Credit Union 2 5.80% $4,620
    Valley National Bank 2 6.81% $9,466
    Simmons Bank 1 6.38% $3,975
    ON Q FINANCIAL, INC. 1 6.50% $7,902
    Southern First Bank 1 7.38% $3,943
    ONE NEVADA CREDIT UNION 1 7.13% $7,244
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 5.99% $7,145
    OceanFirst Bank 1 7.00% $5,619
    NATION ONE MORTGAGE CORPORATION 1 7.38% $5,967
    State Financial Network, LLC 1 7.63% $3,421
    MORTGAGE MARKETS CUSO, LLC 1 7.00% $5,100
    MORTGAGE CAPITAL PARTNERS, INC. 1 6.50% $8,491
    MLB RESIDENTIAL LENDING, LLC 1 7.50% $12,641
    Minnwest Bank 1 7.50% $11,672
    Mid-Continent Funding, Inc. 1 6.63% $10,254
    Magnolia Bank 1 6.63% $6,099
    Arbor Bank 1 7.75% $3,477
    Sun East Federal Credit Union 1 6.75% $4,364
    AmeriServ Financial Bank 1 5.88% $2,481
    LOGIX FEDERAL CREDIT UNION 1 3.75% $13,993
    LOANFLIGHT LENDING, LLC 1 7.50% $3,488
    Lincoln Savings Bank 1 5.75% $3,681
    LEGEND LENDING CORPORATION 1 6.13% $9,834
    Kish Bank 1 5.88% $4,912
    Allied First Bank,sb 1 5.50% $4,417
    The Citizens National Bank of Meridian 1 6.88% $4,552
    KELLER MORTGAGE, LLC 1 5.99% $5,393
    1ST 2ND MORTGAGE COMPANY OF N.J., INC. 1 7.99% $7,640
    INTERNATIONAL CITY MORTGAGE, INC. 1 4.25% $13,624
    Huntingdon Valley Bank 1 6.63% $10,133
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.38% $9,257
    Heritage Bank 1 6.38% $3,973
    Heartland Bank 1 7.50% $8,585
    THE MORTGAGE FIRM, INC. 1 6.88% $3,178
    GREENSTATE CREDIT UNION 1 6.63% $5,046
    The Northern Trust Company 1 5.50% $6,048
    Generations Bank 1 6.13% $5,505
    F & M BANK CORP. 1 7.63% $4,013
    First National Bank of Omaha 1 6.38% $10,178
    FIRST MORTGAGE COMPANY, INC. 1 6.38% $11,643
    TOP FLITE FINANCIAL, INC. 1 6.63% $11,485
    Advisors Mortgage Group, L.L.C. 1 6.13% $5,183
    FIRST COLONY MORTGAGE CORPORATION 1 7.00% $6,208
    First Central Savings Bank 1 7.75% $13,313
    Dover Federal Credit Union 1 5.13% $4,401
    Town Square Mortgage & Investments, Inc. 1 5.50% $17,400
    DELTA COMMUNITY CREDIT UNION 1 6.50% $4,788
    DELMAR FINANCIAL COMPANY 1 6.50% $19,258
    Deere Employees Credit Union 1 6.63% $4,059
    County Savings Bank 1 5.75% $5,290
    21ST MORTGAGE CORPORATION 1 8.78% $6,028
    CORNING 1 6.00% $6,427
    Union Savings Bank 1 6.50% $2,892
    Core Bank 1 6.50% $5,552
    Community First National Bank 1 6.38% $3,828
    Commercial Bank of Texas 1 5.99% $3,258
    Colonial Savings, F.A. 1 7.00% $6,517
    Clearview Federal Credit Union 1 5.44% $2,496
    City National Bank of Florida 1 6.13% $5,295
    CITADEL FEDERAL CREDIT UNION 1 6.50% $3,179
    1st Colonial Community Bank 1 8.13% $8,936
    CapStar Bank 1 6.63% $4,173
    CALCON MUTUAL MORTGAGE LLC 1 6.88% $9,703
    Cache Valley Bank 1 6.50% $4,111
    Brookline Bank 1 5.75% $6,876
    BRIDGEVIEW MORTGAGE CORP. 1 6.38% $13,864
    Washington Financial Bank 1 6.75% $4,433
    BENCHMARK Federal Credit Union 1 6.38% $10,958
    BAYCOAST MORTGAGE COMPANY, LLC 1 7.38% $4,754
    BankPlus 1 7.13% $4,392
    S1L, Inc. 1 7.38% $6,238
    Princeton Mortgage Corporation 1 8.00% $5,613
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.99% $5,224
    PLUS RELOCATION MORTGAGE, LLC 1 6.50% $18,018
    Philadelphia Mortgage Advisors, Inc. 1 7.50% $8,734
    OPEN MORTGAGE, LLC 1 6.49% $7,869
    Assurance Financial Group, L.L.C. 1 6.38% $10,521

    Maryland Average Closing Costs & Other Stats

    Maryland's 456 lenders originated 102,277 loans during 2023. The total origination value was $34,784,425,000, with an average loan value of $340,100.

    Maryland's average closing costs are $6,594.

    The top Maryland lender as defined by loan originations is QUICKEN LOANS, LLC, with 2,738 loans originated. Their average total fees are $7,641, which is $2,047 lower than the next largest lender, FIRST HOME MORTGAGE CORPORATION.

    The lowest fee Maryland lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($501), PULTE MORTGAGE LLC ($1,856), HOMEAMERICAN MORTGAGE CORPORATION ($2,244), PREMIA MORTGAGE, LLC ($2,514) and NATIONAL COOPERATIVE BANK, N.A. ($2,727).

    The lowest rate Maryland lenders (with over 10 loans originated) are DIGITAL Federal Credit Union (5.28%), IDB Global Federal Credit Union (5.35%), Raymond James Bank (5.46%), COMMONWEALTH ONE FEDERAL CREDIT UNION (5.50%) and FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION (5.51%).

    Maryland Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    QUICKEN LOANS, LLC $2,959,250,000 $1,622,870,000 -45.2% 4.7%
    UNITED WHOLESALE MORTGAGE, LLC $1,842,725,000 $1,384,455,000 -24.9% 4.0%
    FIRST HOME MORTGAGE CORPORATION $1,920,595,000 $1,348,195,000 -29.8% 3.9%
    NVR Mortgage Finance, Inc. $1,184,610,000 $972,230,000 -17.9% 2.8%
    Truist $1,694,210,000 $960,835,000 -43.3% 2.8%
    NAVY FEDERAL CREDIT UNION $1,193,025,000 $875,275,000 -26.6% 2.5%
    NFM, INC. $871,215,000 $662,950,000 -23.9% 1.9%
    Bank of America $990,025,000 $551,720,000 -44.3% 1.6%
    PNC Bank $894,875,000 $548,995,000 -38.7% 1.6%
    Prosperity Home Mortgage, LLC $815,920,000 $530,505,000 -35.0% 1.5%
    Towne Bank $730,045,000 $521,375,000 -28.6% 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $660,870,000 $454,000,000 -31.3% 1.3%
    Barings Multifamily Capital $452,610,000 n/a 1.3%
    First National Bank of Pennsylvania $490,720,000 $442,735,000 -9.8% 1.3%
    Arbor Realty Trust, Inc. $444,020,000 $440,915,000 -0.7% 1.3%
    Wells Fargo Bank $1,161,605,000 $430,105,000 -63.0% 1.2%
    WALKER & DUNLOP, LLC $379,710,000 $418,150,000 10.1% 1.2%
    EAGLE HOME MORTGAGE, LLC $407,050,000 $413,295,000 1.5% 1.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $714,240,000 $411,315,000 -42.4% 1.2%
    M&T Bank $584,595,000 $392,885,000 -32.8% 1.1%
    EMBRACE HOME LOANS, INC. $539,950,000 $377,110,000 -30.2% 1.1%
    Mortgage Research Center, LLC $516,400,000 $375,700,000 -27.2% 1.1%
    George Mason Mortgage, LLC $649,715,000 $371,385,000 -42.8% 1.1%
    JPMorgan Chase Bank $489,285,000 $369,925,000 -24.4% 1.1%
    Sandy Spring Bank $691,745,000 $365,920,000 -47.1% 1.1%
    PENNYMAC LOAN SERVICES, LLC $834,110,000 $364,205,000 -56.3% 1.0%
    MOVEMENT MORTGAGE, LLC $325,235,000 $354,170,000 8.9% 1.0%
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $757,805,000 $334,415,000 -55.9% 1.0%
    CROSSCOUNTRY MORTGAGE, LLC $373,425,000 $319,540,000 -14.4% 0.9%
    NEWREZ LLC $290,620,000 $310,130,000 6.7% 0.9%
    CMG MORTGAGE, INC. $153,990,000 $302,730,000 96.6% 0.9%
    Shore United Bank $333,510,000 $295,400,000 -11.4% 0.8%
    Meridian Bank Corporation $469,555,000 $273,550,000 -41.7% 0.8%
    GUARANTEED RATE, INC. $449,195,000 $272,450,000 -39.3% 0.8%
    PGIM Real Estate Finance, LLC $85,005,000 $263,030,000 209.4% 0.8%
    Fulton Bank $379,255,000 $262,675,000 -30.7% 0.8%
    First Heritage Mortgage, LLC $370,080,000 $254,975,000 -31.1% 0.7%
    FREEDOM MORTGAGE CORPORATION $626,220,000 $249,995,000 -60.1% 0.7%
    DHI MORTGAGE COMPANY, LTD. $215,975,000 $245,780,000 13.8% 0.7%
    Citibank $269,075,000 $239,560,000 -11.0% 0.7%
    LOANDEPOT.COM, LLC $817,500,000 $235,210,000 -71.2% 0.7%
    BAY CAPITAL MORTGAGE CORPORATION $375,300,000 $234,180,000 -37.6% 0.7%
    FIRST SAVINGS MORTGAGE CORPORATION $363,320,000 $231,405,000 -36.3% 0.7%
    BAY EQUITY LLC $129,770,000 $228,825,000 76.3% 0.7%
    Citizens Bank $364,365,000 $220,870,000 -39.4% 0.6%
    WesBanco $345,215,000 $219,965,000 -36.3% 0.6%
    HOMESPIRE MORTGAGE CORPORATION $575,260,000 $219,705,000 -61.8% 0.6%
    TD Bank $278,980,000 $218,900,000 -21.5% 0.6%
    CALIBER HOME LOANS, INC. $865,035,000 $210,635,000 -75.7% 0.6%
    Presidential Bank, FSB $279,725,000 $205,330,000 -26.6% 0.6%
    TOWER $404,550,000 $203,945,000 -49.6% 0.6%
    ORIX REAL ESTATE CAPITAL, LLC $16,630,000 $202,230,000 1,116.1% 0.6%
    DRAPER AND KRAMER MORTGAGE CORP. $406,195,000 $201,345,000 -50.4% 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $316,320,000 $198,815,000 -37.1% 0.6%
    GUARANTEED RATE AFFINITY, LLC $287,190,000 $194,000,000 -32.4% 0.6%
    PENTAGON FEDERAL CREDIT UNION $342,250,000 $191,385,000 -44.1% 0.6%
    Vellum Mortgage, Inc. $176,910,000 $187,530,000 6.0% 0.5%
    Atlantic Coast Mortgage, LLC $194,710,000 $174,910,000 -10.2% 0.5%
    RCN Capital, LLC $51,640,000 $174,360,000 237.6% 0.5%
    CBRE MULTIFAMILY CAPITAL, INC. $166,385,000 $166,360,000 0.0% 0.5%
    U.S. Bank $309,040,000 $159,685,000 -48.3% 0.5%
    Morgan Stanley Private Bank $199,415,000 $155,350,000 -22.1% 0.4%
    HOMESIDE FINANCIAL, LLC $269,525,000 $152,560,000 -43.4% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $549,180,000 $152,315,000 -72.3% 0.4%
    BERKADIA COMMERCIAL MORTGAGE LLC $733,550,000 $151,780,000 -79.3% 0.4%
    GREYSTONE SERVICING COMPANY LLC $739,115,000 $147,390,000 -80.1% 0.4%
    DIRECT MORTGAGE LOANS, LLC $198,960,000 $147,130,000 -26.1% 0.4%
    Plains Commerce Bank $218,845,000 $140,865,000 -35.6% 0.4%
    BERKELEY POINT CAPITAL LLC $257,695,000 $134,815,000 -47.7% 0.4%
    INTERCOASTAL MORTGAGE COMPANY $220,265,000 $132,090,000 -40.0% 0.4%
    FIDELITY DIRECT MORTGAGE, LLC $129,425,000 $127,205,000 -1.7% 0.4%
    GUILD MORTGAGE COMPANY $132,280,000 $125,775,000 -4.9% 0.4%
    M&T Realty Capital Corporation $55,840,000 $124,730,000 123.4% 0.4%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $177,385,000 $119,110,000 -32.9% 0.3%
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION $130,420,000 $118,235,000 -9.3% 0.3%
    SWBC MORTGAGE CORPORATION $140,935,000 $114,075,000 -19.1% 0.3%
    The Federal Savings Bank $141,415,000 $107,160,000 -24.2% 0.3%
    Ameris Bank $135,470,000 $105,500,000 -22.1% 0.3%
    CHURCHILL MORTGAGE CORPORATION $56,940,000 $104,995,000 84.4% 0.3%