Lender in Maryland · HMDA 2025
Tower Federal Credit Union mortgages in Maryland
Tower Federal Credit Union's 2025 home-purchase and refinance lending in Maryland, compared with all lenders in the state.
Tower Federal Credit Union originated 269 owner-occupied single-family loans in Maryland from 332 completed applications.
Its median conventional purchase loan costs were $5,020 versus $6,150 for all Maryland lenders, at a median 30-year fixed rate of 6.25% (Maryland: 6.625%).
Loans in MD
269
of 332 applications
Denial rate
16.3%
Purchase · MD 8.6%
Rate spread
−0.32 pts
Conv. · MD +0.14 pts
Loan amount
$405,000
Purchase · MD $405,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 203 | 165 | 16.3% | 6.250% | −0.32 pts | $5,020 | $405,000 |
| Refinance | 60 | 49 | 16.7% | — | −0.55 pts | $4,050 | $485,000 |
| Cash-out refinance | 69 | 55 | 20.3% | — | −0.35 pts | $3,860 | $305,000 |
*Conventional loans only; medians with at least 20 loans.
Maryland counties where Tower Federal Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Carroll County | 23 | 28 | 1.2% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology