M&T Bank 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, M&T Bank reported 4,985 applications and 2,700 originations for 2024, $619m in all.
Its denial rate in the state was 37.8%, above the Maryland rate of 24.9% across all lenders and compared with the lender's national rate of 34.1%.
The median rate spread on its Maryland originations was 1.3 percentage points (state median 0.3).
Applications in the state were up 25% on 2023.
Compared with the state and the lender's national record
| Measure | In Maryland | Maryland, all lenders | M&T Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 37.8% | 24.9% | 34.1% | 24.3% |
| Median rate spread, pp | 1.3 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 43.2% | 17.7% | 30.2% | 15.6% |
| Average originated loan | $229k | $348k | $259k | $329k |
| Home purchase share | 21.8% | 56.2% | 33.4% | 57.0% |
| FHA-insured share | 5.0% | 14.6% | 6.8% | 13.4% |
| VA-guaranteed share | 1.1% | 10.0% | 2.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMaryland, all lenders
Loan purpose and loan type in Maryland
By purpose
Home purchase 22% (588)Home improvement 30% (813)Refinancing 28% (754)Cash-out refinancing 6% (155)Other purpose 14% (390)
By type
Conventional 94% (2,535)FHA 5% (135)VA 1% (30)
Denial reasons as coded
Share of 1,758 denials in Maryland by first denial reason coded (outlined bar: all lenders in the state).
Counties in Maryland
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Baltimore County | 1,042 | 577 | $104m | 36.4% |
| Montgomery County | 575 | 350 | $186m | 31.6% |
| Anne Arundel County | 475 | 277 | $57m | 33.9% |
| Baltimore city | 610 | 233 | $33m | 52.9% |
| Harford County | 329 | 195 | $33m | 33.4% |
| Howard County | 257 | 147 | $48m | 35.4% |
| Washington County | 226 | 141 | $18m | 30.4% |
| Frederick County | 213 | 141 | $29m | 24.4% |
| Carroll County | 171 | 117 | $20m | 24.0% |
| Prince George's County | 315 | 104 | $20m | 61.6% |
| Wicomico County | 134 | 64 | $7.2m | 39.8% |
| Worcester County | 90 | 59 | $12m | 23.2% |
| Allegany County | 85 | 55 | $4.9m | 27.8% |
| Cecil County | 69 | 43 | $8.8m | 34.3% |
| Calvert County | 55 | 34 | $4.8m | 30.8% |
| Charles County | 96 | 33 | $4.6m | 57.6% |
| Queen Anne's County | 50 | 30 | $9.7m | 31.9% |
| Garrett County | 55 | 29 | $4.0m | 39.6% |
| Talbot County | 30 | 18 | $7.4m | 27.6% |
| Dorchester County | 39 | 17 | $3.1m | 50.0% |
| Caroline County | 32 | 17 | $1.8m | 46.9% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did M&T Bank originate in Maryland in 2024?
2,700 loans totalling $619m, from 4,985 applications reported for properties in Maryland.
What is M&T Bank's denial rate in Maryland?
37.8% of decided applications in Maryland were denied, against 24.9% for all lenders in the state and 34.1% 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 M&T Bank lend in most?
By originations: Baltimore County (577), Montgomery County (350), Anne Arundel County (277), Baltimore city (233), Harford County (195).
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.