Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Montgomery County, Maryland
Every institution that decided a 1–4 unit mortgage application in Montgomery County, home to Gaithersburg, between 2023 and 2025: 52,262 applications, 40,314 loans actually funded, across 8 kinds of borrowing.
Montgomery County at a glance
52,262Applications decided
2023–2025
40,314Loans funded
77% of decisions
232Census tracts
35 ZIP codes
1,057,586People
ACS 2023
What the data shows
The typical purchase mortgage here is $505K.
Investment home improvement is the hardest money to get here: lenders approved 32% of 311 applications.
Lending by loan type in Montgomery County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.9% | 26,540 | $505K | 98% | 496 |
| Home improvement loans | 59.3% | 8,396 | $105K | 93% | 155 |
| Cash-out refinance | 68.3% | 7,135 | $165K | 93% | 281 |
| Refinance | 75.8% | 7,056 | $435K | 94% | 321 |
| Investment property purchase | 86.7% | 1,858 | $325K | 96% | 258 |
| Investment cash-out refinance | 63.1% | 599 | $255K | 93% | 141 |
| Investment refinance | 65.9% | 367 | $265K | 94% | 129 |
| Investment home improvement | 32.1% | 311 | $155K | 94% | 61 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.