Meridian Bank mortgage approval rate & lending review
Meridian Bank decided 7,227 mortgage applications and funded 6,871 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Meridian Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Meridian Bank at a glance
Approval is 11.3 points above the 84.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 5,556 / 5,758 | 99% | $285K | 5,511 |
| Home improvement loans | 96% | 414 / 431 | 100% | $105K | 413 |
| Cash-out refinance | 90% | 225 / 251 | 98% | $235K | 221 |
| Refinance | 96% | 241 / 251 | 99% | $305K | 239 |
| Investment property purchase | 95% | 399 / 420 | 96% | $235K | 383 |
| Investment cash-out refinance | 96% | 25 / 26 | 100% | $155K | 25 |
| Investment refinance | 93% | 51 / 55 | 94% | $345K | 48 |
| Investment home improvement | 97% | 34 / 35 | 91% | $265K | 31 |
Meridian Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 95% | $315K | 2,487 | 2,350 |
| Pennsylvania | 97% | $255K | 1,968 | 1,874 |
| Delaware | 97% | $285K | 1,805 | 1,743 |
| New Jersey | 94% | $275K | 509 | 471 |
| Virginia | 98% | $465K | 99 | 95 |
| Florida | 95% | $335K | 91 | 86 |
| South Carolina | 97% | $275K | 32 | 31 |
| North Carolina | 96% | $315K | 28 | 27 |
| District of Columbia | 83% | $325K | 24 | 20 |
| Georgia | 86% | $345K | 22 | 19 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Meridian Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| New Castle County, DE | Mortgage lenders | 96% | 771 | 739 |
| Baltimore County, MD | Mortgage lenders | 96% | 442 | 420 |
| Baltimore city, MD | Mortgage lenders | 96% | 442 | 420 |
| Philadelphia County, PA | Mortgage lenders | 96% | 431 | 409 |
| Sussex County, DE | Mortgage lenders | 99% | 413 | 404 |
| Harford County, MD | Mortgage lenders | 98% | 369 | 360 |
| Kent County, DE | Mortgage lenders | 96% | 295 | 284 |
| Montgomery County, PA | Mortgage lenders | 98% | 212 | 207 |
| Delaware County, PA | Mortgage lenders | 97% | 211 | 201 |
| Anne Arundel County, MD | Mortgage lenders | 94% | 176 | 165 |
| Prince George's County, MD | Mortgage lenders | 90% | 170 | 151 |
| Lancaster County, PA | Mortgage lenders | 98% | 132 | 129 |
The county markets where Meridian Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Meridian Bank
What is Meridian Bank's mortgage approval rate?
Meridian Bank approved 96.1% of the 7,227 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.3 points above the 84.8% national rate for the same mix of loan types.
How often do borrowers take the loan Meridian Bank offers?
Borrowers accepted 99% of the loans Meridian Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Meridian Bank make?
The typical home purchase mortgage loan Meridian Bank made was $285K; across all loan types its typical loan ran from $105K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Meridian Bank lend?
Meridian Bank decided applications in 40 of the states Fat Boy Data covers, most of them in Maryland, Pennsylvania and Delaware.
Can I apply to Meridian Bank directly?
Yes. Meridian Bank is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Meridian Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Meridian Bank treats applications, then get a rate quote from the lender.