Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Carroll County, Maryland
Every institution that decided a 1–4 unit mortgage application in Carroll County, home to Westminster, between 2023 and 2025: 12,111 applications, 9,757 loans actually funded, across 8 kinds of borrowing.
Carroll County at a glance
12,111Applications decided
2023–2025
9,757Loans funded
81% of decisions
37Census tracts
13 ZIP codes
174,318People
ACS 2023
What the data shows
Lenders approved 94.1% of home-purchase applications in Carroll County, 4.8 points above the Maryland rate.
The typical purchase mortgage here is $385K.
Lending by loan type in Carroll County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 94.1% | 5,286 | $385K | 98% | 292 |
| Home improvement loans | 68.4% | 2,180 | $105K | 95% | 98 |
| Cash-out refinance | 76.2% | 2,399 | $145K | 96% | 169 |
| Refinance | 80.4% | 1,815 | $205K | 94% | 188 |
| Investment property purchase | 89.1% | 276 | $265K | 98% | 93 |
| Investment cash-out refinance | 62.5% | 64 | $225K | 92% | 38 |
| Investment refinance | 80.7% | 57 | $225K | 96% | 36 |
| Investment home improvement | 58.8% | 34 | $105K | 95% | 16 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.