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Queenstown Bank of Maryland

Queenstown, MD

Queenstown Bank of Maryland processed 80 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 58 loans with a 7.5% denial rate. Home Purchase was the primary loan purpose. Based in Queenstown, MD. The approval rate of 72.5% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Queenstown Bank of Maryland's 72.5% origination rate tells you how often an application turned into funded money; the 7.5% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (80 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.

80
Applications
58
Originated
7.5%
Denial Rate
$354,375
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 80 58 6 $354,375

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Queenstown Bank of Maryland (LEI: 549300MPX7PJGFD8HA09) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 60 43 $299,167
Refinancing 14 9 $595,714
Home Improvement 4 4 $470,000
Other 2 2 $90,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 53 67.9% 7.5%
Asian * 3 66.7% 33.3%
Black or African American * 3 33.3% 0.0%
Joint * 1 100.0% 0.0%

* 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
Not Hispanic or Latino 53 67.9% 9.4%
Hispanic or Latino * 2 0.0% 0.0%
Joint * 1 100.0% 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 Queenstown Bank of Maryland vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Queenstown Bank of Maryland process?
Queenstown Bank of Maryland processed 80 mortgage applications in the 2024 HMDA reporting year. Of these, 58 were originated (approved and funded), 2 were withdrawn by the applicant, and 6 were denied.
What is Queenstown Bank of Maryland's mortgage approval rate?
Queenstown Bank of Maryland has an approval (origination) rate of 72.5%, meaning 72.5% of all applications resulted in a funded mortgage. The denial rate is 7.5%.
What is the average loan amount at Queenstown Bank of Maryland?
The average mortgage loan amount at Queenstown Bank of Maryland is $354,375.
What types of mortgage loans does Queenstown Bank of Maryland offer?
Queenstown Bank of Maryland processes Conventional loans. The most common type is Conventional with 80 applications and an average loan amount of $354,375.
What loan purposes does Queenstown Bank of Maryland serve?
Queenstown Bank of Maryland serves the following loan purposes: Home Purchase (60 applications), Refinancing (14 applications), Home Improvement (4 applications), Other (2 applications). Home Purchase is the most common purpose.
Where is Queenstown Bank of Maryland located?
Queenstown Bank of Maryland is headquartered in Queenstown, MD. The lender is identified by LEI 549300MPX7PJGFD8HA09 in HMDA data.
How does Queenstown Bank of Maryland compare in lending across racial demographics?
Queenstown Bank of Maryland reports demographic lending data under HMDA requirements. White applicants have an approval rate of 67.9% and denial rate of 7.5%; Asian applicants have an approval rate of 66.7% and denial rate of 33.3%; Black or African American applicants have an approval rate of 33.3% 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.