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Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Lender profile · HMDA 2025

State Employees Credit Union of Maryland, Incorporated: 2025 mortgage rates, costs & approvals

How State Employees Credit Union of Maryland, Incorporated priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED · LEI 549300AY1W8F91VLTB05

In 2025, State Employees Credit Union of Maryland, Incorporated originated 763 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 6 states — 565th by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was 32 basis points below the national median. Median conventional loan costs were $5,030, 10% lower than the national median ($5,570).

It denied 5.7% of completed home-purchase applications (all lenders: 8.5%).

Loans
763
of 834 applications
Denial rate
5.7%
Purchase · all 8.5%
30-yr fixed rate
6.625%
Conv. · all 6.625%
Loan costs
$5,030
Conv. · all $5,570
Loan amount
$415,000
Purchase · all $335,000
Borrower income
$158,000
Purchase · all $116,000

How State Employees Credit Union of Maryland, Incorporated priced home-purchase loans

Purchase loans, 2025State Employees Credit Union of Maryland, IncorporatedAll lenders
30-year fixed rate · conventional6.625%6.625%
30-year fixed rate · FHA6.250%6.250%
30-year fixed rate · VA—6.125%
15-year fixed rate · conventional—5.875%
Rate spread vs. APOR · conventional−0.18 pts+0.13 pts
Total loan costs · conventional$5,030$5,570
Total loan costs · FHA$4,660$11,310
Total loan costs · VA—$6,490
Origination charges (all types)$1,230$1,860
Borrowers paying discount points46.1%51.3%
Points paid, when paid (% of loan)0.25%0.87%
Borrowers receiving lender credits29.2%33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 91.9% 701
FHA 7.5% 57
VA 0.7% 5

By purpose

Home purchase 71.0% 542
Refinance 15.1% 115
Cash-out refinance 13.9% 106
Home value
$495,000
Median, purchase loans
Down payment
15%
All lenders 10%
Refi rate
—
30-yr fixed, conventional
Refi denial rate
6.3%
Cash-out 17.6%

Why State Employees Credit Union of Maryland, Incorporated denied purchase applications

Debt-to-income ratio 42.4% 14
Insufficient cash (down payment/closing costs) 24.2% 8
Unverifiable information 12.1% 4
Collateral (appraisal/property) 9.1% 3
Other 6.1% 2
Credit history 3.0% 1
Credit application incomplete 3.0% 1

First reason the lender reported for each denied home-purchase application.

Where State Employees Credit Union of Maryland, Incorporated lends

StateLoansApplicationsPurchase denial rate30-yr rate*Loan costs*
Maryland5896567.2%6.625%$4,770
Virginia97990.0%—$6,630
Pennsylvania34340.0%—$5,290
District of Columbia2122———
West Virginia1213———
Delaware1010———

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open State Employees Credit Union of Maryland, Incorporated's page for that state.

Counties where State Employees Credit Union of Maryland, Incorporated is a top lender

Check State Employees Credit Union of Maryland, Incorporated yourself

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology