Lenders › Pennymac Loan Services LLC › Maryland
Pennymac Loan Services LLC in Maryland
HMDA record for properties in Maryland, calendar year 2024. National record · Maryland overview
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.
In Maryland, Pennymac Loan Services LLC reported 3,886 applications and 1,839 originations for 2024, $608m in all.
Its denial rate in the state was 21.3%, below the Maryland rate of 24.9% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its Maryland originations was 0.3 percentage points (state median 0.3).
Applications in the state were up 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Maryland | Maryland, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 21.3% | 24.9% | 20.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 31.7% | 17.7% | 20.4% | 15.6% |
| Average originated loan | $331k | $348k | $337k | $329k |
| Home purchase share | 29.0% | 56.2% | 41.8% | 57.0% |
| FHA-insured share | 26.3% | 14.6% | 22.4% | 13.4% |
| VA-guaranteed share | 21.0% | 10.0% | 22.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMaryland, all lenders
Loan purpose and loan type in Maryland
By purpose
Home purchase 29% (534)Refinancing 28% (517)Cash-out refinancing 15% (274)Other purpose 28% (514)
By type
Conventional 53% (968)FHA 26% (484)VA 21% (387)
Denial reasons as coded
Share of 522 denials in Maryland by first denial reason coded (outlined bar: all lenders in the state).
Counties in Maryland
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Prince George's County | 749 | 300 | $109m | 22.9% |
| Anne Arundel County | 454 | 235 | $85m | 18.3% |
| Montgomery County | 459 | 229 | $94m | 21.5% |
| Baltimore County | 403 | 174 | $44m | 22.3% |
| Frederick County | 279 | 132 | $39m | 23.5% |
| Charles County | 264 | 132 | $52m | 19.2% |
| Howard County | 203 | 119 | $50m | 18.1% |
| Baltimore city | 237 | 92 | $23m | 30.4% |
| Harford County | 153 | 79 | $19m | 16.3% |
| Carroll County | 112 | 62 | $19m | 23.2% |
| St. Mary's County | 100 | 61 | $20m | 11.4% |
| Washington County | 91 | 46 | $9.7m | 18.3% |
| Calvert County | 75 | 43 | $13m | 8.0% |
| Cecil County | 70 | 30 | $7.6m | 33.3% |
| Queen Anne's County | 43 | 24 | $6.8m | 14.3% |
| Wicomico County | 41 | 20 | $3.7m | 16.0% |
| Worcester County | 38 | 17 | $4.2m | 35.7% |
| Dorchester County | 28 | 10 | $2.4m | — |
| Allegany County | 25 | 9 | $1.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in Maryland in 2024?
1,839 loans totalling $608m, from 3,886 applications reported for properties in Maryland.
What is Pennymac Loan Services LLC's denial rate in Maryland?
21.3% of decided applications in Maryland were denied, against 24.9% for all lenders in the state and 20.6% 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 Pennymac Loan Services LLC lend in most?
By originations: Prince George's County (300), Anne Arundel County (235), Montgomery County (229), Baltimore County (174), Frederick County (132).
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.