Safe Rate Rankings

Best Conventional Mortgage Lenders in Maryland

Updated June 4, 2026

Rankings are a starting point, not a verdict. Safe Rate recommends speaking with 2-3 lenders to find the right fit for your home loan!

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

📊 HMDA 2024Built using publicly available originated loan data from the federal government.

🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.

Market

Total Lenders292

Total Loans69,793

Median Rate Spread0.27%

Maryland Market Insights

Navy Federal Credit Union is Safe Rate's top-ranked Conventional lender in Maryland, leading on pricing, pullthrough, Conventional product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Maryland, Navy Federal Credit Union and Us Bank National Association scores highest on Conventional pricing while Rocket Mortgage and United Wholesale Mortgage leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #4 in Maryland, serving as the platform behind many independent local brokers who live and work in the community. A local broker knows the neighborhoods, the local market, and is personally invested in your outcome. Real estate agents often prefer referring local brokers for their accessibility and responsiveness, qualities that matter when a deal is moving fast. Pricing and experience can vary by broker.
Popular names in Maryland: Rocket Mortgage (#3) and First Home Mortgage (#14).

Explore Rankings by Type

Overall Rankings

All lenders in Maryland

Need rankings for a different loan product?

FHA Loans VA Loans Jumbo Loans USDA Loans

By Institution Type

Banks Credit Unions Mortgage Companies

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Exceptional	Exceptional	Exceptional	Sound	Exceptional	$679Fees	0.463%Below	1,512
2	Truist Bank BankDirect	Strong	Strong	Exceptional	Strong	Exceptional	$428Credit	0.061%Below	1,241
3	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$4,188Fees	0.266%Above	5,530
4	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Exceptional	Exceptional	$3,096Fees	0.073%Above	3,660
5	First National Bank of Pennsylvania BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,479Fees	0.026%Above	552
6	Manufacturers and Traders Trust Company BankDirect	Strong	Sound	Exceptional	Strong	Exceptional	$592Fees	0.040%Above	748
7	Bank of America, National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,920Fees	0.162%Below	643
8	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$2,650Fees	0.067%Above	1,197
9	U.S. Bank National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$464Fees	0.017%Above	220
10	First Heritage Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Exceptional	Exceptional	$2,819Fees	0.091%Above	891
11	PNC Bank, National Association BankDirect	Strong	Strong	Exceptional	Strong	Strong	$114Fees	0.027%Above	333
12	PROVIDENT FUNDING ASSOCIATES, L.P. Independent Mortgage CompanyWholesale	Strong	Exceptional*	Exceptional	Sound	Strong	$1,057Fees	0.121%Below	344
13	Citibank, National Association BankDirect	Strong	Exceptional	Exceptional	Sound	Strong	$747Fees	0.227%Below	224
14	FIRST HOME MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Exceptional	Exceptional	$4,674Fees	0.360%Above	3,477
15	STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED Credit UnionDirect	Strong	Strong	Strong	Strong	Exceptional	$1,306Fees	0.294%Below	609
16	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,733Fees	0.303%Above	1,128
17	Wells Fargo Bank, National Association BankDirect	Strong	Strong	Exceptional	Sound	Strong	$1,957Fees	0.014%Below	531
18	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,181Fees	0.350%Above	976
19	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,620Fees	0.274%Above	864
20	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$3,341Fees	0.156%Above	652
21	United Bank BankDirect	Strong	Sound	Strong	Strong	Exceptional	$2,055Fees	0.012%Below	498
22	Ameris Bank BankDirect	Strong	Sound	Exceptional	Strong	Strong	$3,265Fees	0.217%Above	486
23	NFM, INC. Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Exceptional	$4,127Fees	0.416%Above	1,890
24	Prosperity Home Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,645Fees	0.264%Above	1,264
25	MERIDIAN BANK BankDirect	Strong	Sound	Strong	Strong	Exceptional	$2,171Fees	0.196%Above	938
26	BAY EQUITY LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Strong	$2,093Fees	0.032%Above	617
27	ABERDEEN PROVING GROUND FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Sound	Strong	Strong	$976Fees	0.243%Below	218
28	Towne Bank BankDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,908Fees	0.134%Above	1,434
29	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,330Fees	0.075%Above	602
30	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,364Fees	0.289%Above	590
31	Atlantic Coast Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Strong	$3,036Fees	0.137%Above	488
32	FIRST SAVINGS MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,699Fees	0.199%Above	478
33	SWBC MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,351Fees	0.397%Above	328
34	WesBanco Bank, Inc. BankDirect	Strong	Sound	Exceptional	Strong	Strong	$1,896Fees	0.225%Above	205
35	INTERCOASTAL MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$2,587Fees	0.103%Above	190
36	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,594Fees	0.365%Above	965
37	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$1,596Fees	0.080%Below	736
38	DAS Acquisition Company, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,203Fees	0.123%Above	451
39	PRIMELENDING, A PLAINSCAPITAL COMPANY Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,164Fees	0.225%Above	428
40	ARK-LA-TEX FINANCIAL SERVICES, LLC. Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,585Fees	0.384%Above	167
41	MUTUAL OF OMAHA MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Strong	Sound	Strong	$1,802Fees	0.116%Above	279
42	THE LOAN STORE, INC. Independent Mortgage CompanyWholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,546Fees	0.295%Above	198
43	Alcova Mortgage LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Exceptional	Strong	$1,758Fees	0.582%Above	182
44	EQUITY RESOURCES, INC. Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Strong	$2,634Fees	0.165%Above	158
45	PRIMARY RESIDENTIAL MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$4,649Fees	0.418%Above	1,253
46	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$2,652Fees	0.330%Above	855
47	LOWER, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$2,649Fees	0.342%Above	558
48	Vellum Mortgage, Inc. Independent Mortgage CompanyDirect	Strong	Sound	Strong	Strong	Exceptional	$3,250Fees	0.234%Above	469
49	Fulton Bank, National Association BankDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,595Fees	0.247%Above	361
50	UNION HOME MORTGAGE CORP. Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Strong	Strong	$3,808Fees	0.575%Above	300

❓ Frequently Asked Questions

How are mortgage lenders ranked in Maryland?+

Safe Rate ranks lenders using the 4 Ps framework, derived entirely from HMDA (Home Mortgage Disclosure Act) data: Pricing (how competitively a lender prices loans vs. the market benchmark), Pullthrough (how effectively a lender closes applications), Place (the lender's depth of expertise in Maryland), and Product (performance on specific loan types). Each lender receives a composite Safe Rate Score from 0–100. No lender pays to appear in the rankings.

What is the Safe Rate Score?+

The Safe Rate Score is a 0–100 composite index measuring a lender's performance across Pricing, Pullthrough, Place, and Product. Scores of 80 or above earn Champion status; scores of 60–79 earn Superstar status. All scores are calculated from verified HMDA data — no lender can pay to improve their position.

How many mortgage lenders are active in Maryland?+

Based on 2024 HMDA data, 292 lenders originated a combined 69,793 loans in Maryland. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in Maryland?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Maryland is 0.27%. Lenders in Safe Rate's top rankings consistently price below this median, meaning borrowers typically pay less interest over the life of their loan.

What is HMDA data and why does Safe Rate use it?+

HMDA (Home Mortgage Disclosure Act) is a federal law requiring every mortgage lender to disclose every loan application annually — including rates, amounts, approvals, and denials. Safe Rate uses HMDA because it is government-verified, covers all lenders equally, and cannot be gamed. It is the most objective foundation available for lender rankings.

Does Safe Rate accept payment from lenders to appear in rankings?+

No. Safe Rate rankings are strictly data-driven. No lender can pay to appear in or improve their position in Safe Rate's rankings. The only factor that determines a lender's rank is their verified HMDA performance data.

What is the difference between a bank, credit union, and independent mortgage company?+

Banks and credit unions offer mortgages alongside checking, savings, and other products. Independent Mortgage Companies (IMCs) focus exclusively on originating loans and often offer more product variety and speed. In Maryland's rankings, all three institution types are evaluated on the same HMDA performance metrics.

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

⚖️ Licensing & Disclosures

Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.