Safe Rate Rankings

Best Jumbo 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

Bank of America National Association is Safe Rate's top-ranked Jumbo lender in Maryland, leading on pricing, pullthrough, Jumbo product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Maryland, Navy Federal Credit Union and Citibank National Association scores highest on Jumbo pricing while Bank of America National Association and Manufacturers and Traders Trust leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #8 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 (#10) and First Home Mortgage (#38).

Explore Rankings by Type

Overall Rankings

All lenders in Maryland

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By Institution Type

Banks Credit Unions Mortgage Companies

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Bank of America, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$1,920Fees	0.162%Below	643
2	STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED Credit UnionDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$1,306Fees	0.294%Below	609
3	Manufacturers and Traders Trust Company BankDirect	Exceptional	Strong	Exceptional	Strong	Exceptional	$592Fees	0.040%Above	748
4	Citibank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$747Fees	0.227%Below	224
5	U.S. Bank National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$464Fees	0.017%Above	220
6	Truist Bank BankDirect	Exceptional	Strong	Exceptional	Strong	Exceptional	$428Credit	0.061%Below	1,241
7	Wells Fargo Bank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$1,957Fees	0.014%Below	531
8	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Exceptional	Sound*	Exceptional	Strong	Exceptional	$3,096Fees	0.073%Above	3,660
9	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Exceptional	Exceptional	Exceptional	Sound	Exceptional	$679Fees	0.463%Below	1,512
10	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$4,188Fees	0.266%Above	5,530
11	First National Bank of Pennsylvania BankDirect	Strong	Sound	Exceptional	Strong	Strong	$1,479Fees	0.026%Above	552
12	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Exceptional	Strong	Strong	$2,330Fees	0.075%Above	602
13	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$2,650Fees	0.067%Above	1,197
14	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,596Fees	0.080%Below	736
15	MOVEMENT MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Exceptional	$2,733Fees	0.303%Above	1,128
16	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,594Fees	0.365%Above	965
17	PNC Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Strong	$114Fees	0.027%Above	333
18	TD Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Strong	$1,017Credit	0.194%Above	175
19	Fulton Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Strong	$2,595Fees	0.247%Above	361
20	WesBanco Bank, Inc. BankDirect	Strong	Strong	Exceptional	Strong	Strong	$1,896Fees	0.225%Above	205
21	CMG MORTGAGE, INC. Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Strong	Strong	$2,620Fees	0.274%Above	864
22	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$3,341Fees	0.156%Above	652
23	GUARANTEED RATE AFFINITY, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Sound	Strong	$2,342Fees	0.268%Above	424
24	Prosperity Home Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,645Fees	0.264%Above	1,264
25	GUILD MORTGAGE COMPANY LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,364Fees	0.289%Above	590
26	United Bank BankDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,055Fees	0.012%Below	498
27	NFM, INC. Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Exceptional	$4,127Fees	0.416%Above	1,890
28	Towne Bank BankDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,908Fees	0.134%Above	1,434
29	FAIRWAY INDEPENDENT MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$3,181Fees	0.350%Above	976
30	First Heritage Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,819Fees	0.091%Above	891
31	EMBRACE HOME LOANS, INC. Independent Mortgage CompanyDirect	Strong	Acceptable	Strong	Strong	Exceptional	$3,148Fees	0.310%Above	806
32	DAS Acquisition Company, LLC Independent Mortgage CompanyDirect	Strong	Sound	Strong	Sound	Strong	$3,203Fees	0.123%Above	451
33	Shore United Bank, N.A. BankDirect	Strong	Acceptable	Strong	Strong	Exceptional	$2,788Fees	0.196%Above	520
34	FIRST SAVINGS MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Mediocre	Exceptional	Strong	Exceptional	$2,699Fees	0.199%Above	478
35	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$2,652Fees	0.330%Above	855
36	BAY CAPITAL MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Strong	Acceptable	—	Strong	Exceptional	$3,793Fees	0.182%Above	660
37	Sandy Spring Bank BankDirect	Sound	Acceptable	Strong	Sound	Exceptional	$1,800Fees	0.179%Above	543
38	FIRST HOME MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Sound	Exceptional	$4,674Fees	0.360%Above	3,477
39	BAY EQUITY LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$2,093Fees	0.032%Above	617
40	CHURCHILL MORTGAGE CORPORATION Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$3,898Fees	0.470%Above	253
41	PRIMARY RESIDENTIAL MORTGAGE, INC. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Sound	Exceptional	$4,649Fees	0.418%Above	1,253
42	INTERCOASTAL MORTGAGE, LLC Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$2,587Fees	0.103%Above	190
43	OCMBC, INC. Independent Mortgage CompanyWholesale	Sound	Mediocre*	Exceptional	Sound	Strong	$3,957Fees	1.062%Above	254
44	MERIDIAN BANK BankDirect	Sound	Sound	Sound	Acceptable	Exceptional	$2,171Fees	0.196%Above	938

❓ 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.