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Virginia vs Maryland: mortgage lending

In 2023, Virginia had the lower mortgage denial rate of the two — 17.3% versus 18.3% in Maryland, a gap of about 1.0 points. Virginia originated about 126,501 loans and Maryland about 83,330. By loan type, Virginia was 73.1% conventional / 11.9% FHA / 14.4% VA, versus 76.0% / 15.2% / 8.4% in Maryland. Informational data, not lending advice.

Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.

Virginia vs Maryland side by side

Source: HMDA Data Browser (2023 reporting year), public domain. Informational only.
IndicatorVirginiaMaryland
Total originations126,50183,330
Denial rate17.3%18.3%
Home-purchase denial rate12.0%11.7%
Refinance denial rate31.6%33.9%
Conventional share73.1%76.0%
FHA share11.9%15.2%
VA share14.4%8.4%

Verdict

On denial rate alone, an application looks more likely to be approved in Virginia than Maryland by roughly 1.0 points — but that mostly reflects who applies and for what kind of loan, not a promise about your file. Read each state's full profile for context: Virginia and Maryland. To estimate a payment in either, use the mortgage calculator.

Frequently asked questions

Is it harder to get a mortgage in Virginia or Maryland?

By denial rate, Maryland turned down a higher share of applications in 2023: 18.3% versus 17.3% in Virginia, a gap of about 1.0 points. Denial rate reflects the applicant pool and loan mix as much as lender strictness, so it is a signal, not a guarantee about your own application.

Which state originates more mortgages, Virginia or Maryland?

Virginia originated more — about 126,501 home-purchase and refinance loans versus 83,330 in Maryland (HMDA 2023). Volume mostly tracks population and home values.

How do the loan-type mixes compare?

In Virginia, conventional loans were 73.1%, FHA 11.9% and VA 14.4% of originations; in Maryland they were 76.0%, 15.2% and 8.4%. A higher FHA/VA share usually means more first-time, lower-down-payment, or veteran buyers.

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Last updated: 2026-06-20