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My Mortgage, Inc

Crofton, MD

My Mortgage, Inc processed 1,415 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 973 loans with a 2.8% denial rate. Home Purchase was the primary loan purpose. Based in Crofton, MD. The approval rate of 68.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. My Mortgage, Inc's 68.8% origination rate tells you how often an application turned into funded money; the 2.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Credit history, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (794 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,415
Applications
973
Originated
2.8%
Denial Rate
$356,633
Avg Loan Amount
Avg Interest Rate: 6.390% Avg Applicant Income: $43,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 794 529 16 $336,134
FHA 590 420 23 $381,169
VA 25 21 1 $454,600
USDA 6 3 0 $248,333

Top loan types - My Mortgage, Inc

Top loan types - My Mortgage, Inc Horizontal bar chart of the top 4 items by value (applications). Top loan types - My Mortgage, Inc Top 4 1. Conventional 794 2. FHA 590 3. VA 25 4. USDA 6 Top 5 loan types by application volume at My Mortgage, Inc (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for My Mortgage, Inc (LEI: 549300NT030LXB2A8T82) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
10
Credit history
8
Debt-to-income ratio
8
Insufficient cash
6
Employment history
3
Unverifiable information
3
Other
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,213 872 $361,645
Refinancing 202 101 $326,535

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,169 70.7% 2.6%
Black or African American 124 65.3% 4.8%
Joint * 11 63.6% 0.0%
Asian * 10 60.0% 0.0%
Native Hawaiian or Other Pacific Islander * 1 0.0% 100.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Hispanic or Latino 1,091 71.2% 2.8%
Not Hispanic or Latino 249 63.0% 3.2%
Joint * 11 72.7% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in MD

Other HMDA-reporting lenders in MD with similar activity. Compare any two side-by-side.

Lower, LLC

COLUMBIA, MD

27,730 apps 17,412 originated 9.4% denied

Nfm, INC

LINTHICUM, MD

22,075 apps 17,246 originated 1.9% denied

First Home Mortgage

Baltimore, MD

7,187 apps 5,538 originated 2.8% denied

Tower Federal Credit Union

LAUREL, MD

6,022 apps 3,449 originated 31.0% denied

State Employees Credit Union of Maryland

Linthicum, MD

5,814 apps 2,602 originated 42.7% denied
Compare My Mortgage, Inc vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did My Mortgage, Inc process?
My Mortgage, Inc processed 1,415 mortgage applications in the 2024 HMDA reporting year. Of these, 973 were originated (approved and funded), 255 were withdrawn by the applicant, and 40 were denied.
What is My Mortgage, Inc's mortgage approval rate?
My Mortgage, Inc has an approval (origination) rate of 68.8%, meaning 68.8% of all applications resulted in a funded mortgage. The denial rate is 2.8%.
What is the average loan amount at My Mortgage, Inc?
The average mortgage loan amount at My Mortgage, Inc is $356,633. The average interest rate is 6.390%. The average applicant income is $43,000.
What are the most common reasons for mortgage denial at My Mortgage, Inc?
The most common reasons for mortgage denial at My Mortgage, Inc are: Collateral, Credit history, Debt-to-income ratio. In total, 40 applications were denied out of 1,415 total applications.
What types of mortgage loans does My Mortgage, Inc offer?
My Mortgage, Inc processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 794 applications and an average loan amount of $336,134.
What loan purposes does My Mortgage, Inc serve?
My Mortgage, Inc serves the following loan purposes: Home Purchase (1,213 applications), Refinancing (202 applications). Home Purchase is the most common purpose.
Where is My Mortgage, Inc located?
My Mortgage, Inc is headquartered in Crofton, MD. The lender is identified by LEI 549300NT030LXB2A8T82 in HMDA data.
How does My Mortgage, Inc compare in lending across racial demographics?
My Mortgage, Inc reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.7% and denial rate of 2.6%; Black or African American applicants have an approval rate of 65.3% and denial rate of 4.8%; Joint applicants have an approval rate of 63.6% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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 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.