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Planet Home Lending, LLC in Maryland

HMDA record for properties in Maryland, calendar year 2024. National record · Maryland overview

LEI 54930021WPEXNHYZUL09
Reporting agency Department of Housing and Urban Development
State Maryland

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Planet Home Lending, LLC's 2024 HMDA record for Maryland covers 180 applications, 136 of them originated, worth $54m.

Its denial rate in the state was 19.9%, below the Maryland rate of 24.9% across all lenders and compared with the lender's national rate of 21.5%.

The median rate spread on its Maryland originations was 0.1 percentage points (state median 0.3).

Applications in the state were up 29% on 2023.

180applications in MD, 20241.3% of the lender's total
136loans originated$54m
19.9%denial rateMD all lenders 24.9%
0.1 ppmedian rate spreadMD 0.3 pp

Compared with the state and the lender's national record

MeasureIn MarylandMaryland, all lendersPlanet Home Lending, LLC, all statesUnited States
Denial rate19.9%24.9%21.5%24.3%
Median rate spread, pp0.10.30.20.3
Originations with spread of 1.5 pp or more17.2%17.7%12.0%15.6%
Average originated loan$395k$348k$308k$329k
Home purchase share25.7%56.2%39.9%57.0%
FHA-insured share31.6%14.6%31.2%13.4%
VA-guaranteed share43.4%10.0%33.8%7.9%

Trend by year

ApplicationsOriginations

0101.52032022: 203 Applications2023: 140 Applications2024: 180 Applications2022: 129 Originations2023: 90 Originations2024: 136 Originations202220232024
Planet Home Lending, LLC in Maryland: applications and originations, 2022–2024

This lender in stateMaryland, all lenders

0%15.6%31.2%2022: 31.2% This lender in state2023: 30% This lender in state2024: 19.9% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Maryland

By purpose

Home purchase 26% (35)Refinancing 49% (66)Cash-out refinancing 26% (35)

By type

Conventional 24% (33)FHA 32% (43)VA 43% (59)USDA 1% (1)

Denial reasons as coded

Credit application incomplete55.9%
Collateral14.7%
Debt-to-income ratio11.8%
Other8.8%
Credit history5.9%
Employment history2.9%
Insufficient cash (downpayment, closing costs)0%
Unverifiable information0%
Mortgage insurance denied0%

Share of 34 denials in Maryland by first denial reason coded (outlined bar: all lenders in the state).

Counties in Maryland

CountyApplicationsOriginationsAmountDenial rate
Prince George's County4133$15m13.2%
Anne Arundel County2716$6.5m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Planet Home Lending, LLC originate in Maryland in 2024?

136 loans totalling $54m, from 180 applications reported for properties in Maryland.

What is Planet Home Lending, LLC's denial rate in Maryland?

19.9% of decided applications in Maryland were denied, against 24.9% for all lenders in the state and 21.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Maryland counties does Planet Home Lending, LLC lend in most?

By originations: Prince George's County (33), Anne Arundel County (16).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Maryland. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.