Wicomico County
Maryland · FIPS 24045
According to CFPB HMDA 2024 application volume among U.S. counties, Wicomico County ranks #620 of 3,210, and #16 of 24 in Maryland.
Mortgage lending activity in Wicomico County, Maryland based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Wicomico County, Maryland saw 3,729 HMDA-reported mortgage applications in 2024. Lenders originated 1,844 of those loans and denied 703, producing a denial rate of 18.9% and an approval (origination) rate of 49.5%. The average loan amount was $220,216 at an average note rate of 7.26%, with applicants self-reporting average annual income of $38K. 206 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.8x, meaning typical borrowers took on mortgages of about 5.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Wicomico County
In Wicomico County, lead originator State Employees Credit Union of Maryland funded only 8.0% of 1,844 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 23.4% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Wicomico County's 3,729 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Wicomico County's $220,216 average loan (deduped against volume peers).
Lenders active in Wicomico County
State Employees Credit Union of Maryland funded 148 of the 1,844 loans originated in Wicomico County, 8.0% of the county. 206 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | State Employees Credit Union of Maryland | 148 | 8.0% |
| 2 | Movement Mortgage, LLC | 144 | 7.8% |
| 3 | Rocket Mortgage | 139 | 7.5% |
| 4 | Cmg Mortgage INC | 112 | 6.1% |
| 5 | DHI Mortgage Company, LTD. | 72 | 3.9% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Wicomico County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Wicomico County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.