B. F. Saul Mortgage Company Mortgage Lending & HMDA Data, 2008
In 2008, B. F. Saul Mortgage Company of Bethesda, MD reported 4,359 mortgage applications totaling $1.3 billion, down 58% from 2007. The average application was for $297,962, and applicants reported an average income of $119,302. 80% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (1,824), Virginia Beach-Norfolk-Newport News, VA-NC (1,155) and Bethesda-Frederick-Gaithersburg, MD (504) (applications in parentheses).
| Mortgage Company & Address | B. F. Saul Mortgage Company 7501 Wisconsin Ave 13th Flr-W Bethesda, MD 20814 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,359 |
| Total Mortgage Loan Application Amount | $1,298,818,000 |
| Average Mortgage Loan Application Amount | $297,962 |
| Highest Mortgage Loan Application Amount | $2,500,000 |
| Average Applicant Income | $119,302 |
| Highest Applicant Income | $3,538,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records B. F. Saul Mortgage Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 1,824 | $ 566,323,000 | $ 310,484 | $ 119,197 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 1,155 | $ 236,165,000 | $ 204,471 | $ 82,909 |
| Bethesda-Frederick-Gaithersburg, MD | 504 | $ 192,308,000 | $ 381,563 | $ 162,000 |
| Baltimore-Towson, MD | 270 | $ 66,830,000 | $ 247,518 | $ 95,000 |
| Los Angeles-Long Beach-Glendale, CA | 81 | $ 38,755,000 | $ 478,456 | $ 198,000 |
| Richmond, VA | 36 | $ 7,042,000 | $ 195,611 | $ 85,000 |
| Oakland-Fremont-Hayward, CA | 28 | $ 14,071,000 | $ 502,535 | $ 146,000 |
| Riverside-San Bernardino-Ontario, CA | 24 | $ 9,915,000 | $ 413,125 | $ 127,000 |
| Santa Ana-Anaheim-Irvine, CA | 21 | $ 14,482,000 | $ 689,619 | $ 268,000 |
| Atlanta-Sandy Springs-Marietta, GA | 16 | $ 4,043,000 | $ 252,687 | $ 173,000 |
| San Diego-Carlsbad-San Marcos, CA | 15 | $ 9,142,000 | $ 609,466 | $ 201,000 |
| Phoenix-Mesa-Scottsdale, AZ | 13 | $ 8,415,000 | $ 647,307 | $ 245,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 13 | $ 5,152,000 | $ 396,307 | $ 120,000 |
| Stockton, CA | 11 | $ 4,195,000 | $ 381,363 | $ 111,000 |
| Winchester, VA-WV | 11 | $ 2,333,000 | $ 212,090 | $ 73,000 |
| Honolulu, HI | 9 | $ 3,820,000 | $ 424,444 | $ 121,000 |
| Philadelphia, PA | 9 | $ 1,510,000 | $ 167,777 | $ 68,000 |
| Cambridge-Newton-Framingham, MA | 8 | $ 2,172,000 | $ 271,500 | $ 181,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 8 | $ 4,438,000 | $ 554,750 | $ 145,000 |
| New York-White Plains-Wayne, NY-NJ | 7 | $ 2,886,000 | $ 412,285 | $ 127,857 |
| Las Vegas-Paradise, NV | 6 | $ 1,611,000 | $ 268,500 | $ 135,000 |
| San Francisco-San Mateo-Redwood City, CA | 6 | $ 3,604,000 | $ 600,666 | $ 136,000 |
| Boston-Quincy, MA | 5 | $ 2,247,000 | $ 449,400 | $ 420,000 |
| Dallas-Plano-Irving, TX | 5 | $ 1,436,000 | $ 287,200 | $ 140,000 |
| Hagerstown-Martinsburg, MD-WV | 5 | $ 1,347,000 | $ 269,400 | $ 68,000 |
| Miami-Miami Beach-Kendall, FL | 5 | $ 3,124,000 | $ 624,800 | $ 212,000 |
| York-Hanover, PA | 5 | $ 847,000 | $ 169,400 | $ 63,000 |
| Bridgeport-Stamford-Norwalk, CT | 4 | $ 1,260,000 | $ 315,000 | $ 122,000 |
| Charlotte-Gastonia-Concord, NC-SC | 4 | $ 1,408,000 | $ 352,000 | $ 161,000 |
| Charlottesville, VA | 4 | $ 1,907,000 | $ 476,750 | $ 281,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 4 | $ 878,000 | $ 219,500 | $ 113,000 |
| Fort Worth-Arlington, TX | 4 | $ 1,407,000 | $ 351,750 | $ 161,000 |
| Houston-Sugar Land-Baytown, TX | 4 | $ 1,609,000 | $ 402,250 | $ 175,000 |
| Salt Lake City, UT | 4 | $ 1,639,000 | $ 409,750 | $ 184,000 |
| Santa Rosa-Petaluma, CA | 4 | $ 2,382,000 | $ 595,500 | $ 192,000 |
| Spartanburg, SC | 4 | $ 400,000 | $ 100,000 | $ 56,000 |
| Bakersfield, CA | 3 | $ 1,367,000 | $ 455,666 | $ 169,000 |
| Chicago-Naperville-Joliet, IL | 3 | $ 1,790,000 | $ 596,666 | $ 186,000 |
| Knoxville, TN | 3 | $ 1,150,000 | $ 383,333 | $ 131,000 |
| New Orleans-Metairie-Kenner, LA | 3 | $ 353,000 | $ 117,666 | $ 69,000 |
| Orlando-Kissimmee, FL | 3 | $ 2,040,000 | $ 680,000 | $ 823,000 |
| Portland-Vancouver-Beaverton, OR-WA | 3 | $ 2,282,000 | $ 760,666 | $ 215,000 |
| Albuquerque, NM | 2 | $ 470,000 | $ 235,000 | $ 58,000 |
| Charleston, WV | 2 | $ 525,000 | $ 262,500 | $ 76,000 |
| Chattanooga, TN-GA | 2 | $ 408,000 | $ 204,000 | $ 114,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 2 | $ 254,000 | $ 127,000 | $ 175,000 |
| Detroit-Livonia-Dearborn, MI | 2 | $ 317,000 | $ 158,500 | $ 50,000 |
| Fresno, CA | 2 | $ 584,000 | $ 292,000 | $ 105,000 |
| Grand Junction, CO | 2 | $ 348,000 | $ 174,000 | $ 259,000 |
| Harrisburg-Carlisle, PA | 2 | $ 201,000 | $ 100,500 | $ 76,000 |
| Hartford-West Hartford-East Hartford, CT | 2 | $ 436,000 | $ 218,000 | $ 77,000 |
| Jacksonville, FL | 2 | $ 584,000 | $ 292,000 | $ 72,000 |
| Kansas City, MO-KS | 2 | $ 915,000 | $ 457,500 | $ 172,500 |
| Modesto, CA | 2 | $ 841,000 | $ 420,500 | $ 112,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 2 | $ 445,000 | $ 222,500 | $ 165,000 |
| Nassau-Suffolk, NY | 2 | $ 655,000 | $ 327,500 | $ 118,000 |
| New Haven-Milford, CT | 2 | $ 676,000 | $ 338,000 | $ 96,000 |
| Newark-Union, NJ-PA | 2 | $ 578,000 | $ 289,000 | $ 186,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 1,454,000 | $ 727,000 | $ 193,000 |
| Raleigh-Cary, NC | 2 | $ 259,000 | $ 129,500 | $ 57,000 |
| Roanoke, VA | 2 | $ 347,000 | $ 173,500 | $ 82,000 |
| Salinas, CA | 2 | $ 1,505,000 | $ 752,500 | $ 211,000 |
| San Antonio, TX | 2 | $ 331,000 | $ 165,500 | $ 95,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 2 | $ 1,888,000 | $ 944,000 | $ 398,000 |
| Santa Fe, NM | 2 | $ 867,000 | $ 433,500 | $ 125,000 |
| Seattle-Bellevue-Everett, WA | 2 | $ 1,376,000 | $ 688,000 | $ 197,000 |
| St. George, UT | 2 | $ 1,092,000 | $ 546,000 | $ 141,000 |
| Visalia-Porterville, CA | 2 | $ 364,000 | $ 182,000 | $ 59,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 2 | $ 835,000 | $ 417,500 | $ 155,000 |
| Wilmington, DE-MD-NJ | 2 | $ 494,000 | $ 247,000 | $ 102,000 |
| Albany-Schenectady-Troy, NY | 1 | $ 176,000 | $ 176,000 | $ 153,000 |
| Altoona, PA | 1 | $ 86,000 | $ 86,000 | $ 129,000 |
| Austin-Round Rock, TX | 1 | $ 350,000 | $ 350,000 | $ 260,000 |
| Billings, MT | 1 | $ 352,000 | $ 352,000 | $ 88,000 |
| Bradenton-Sarasota-Venice, FL | 1 | $ 337,000 | $ 337,000 | $ 317,000 |
| Camden, NJ | 1 | $ 322,000 | $ 322,000 | $ 53,000 |
| Columbia, SC | 1 | $ 215,000 | $ 215,000 | $ 102,000 |
| Cumberland, MD-WV | 1 | $ 48,000 | $ 48,000 | $ 33,000 |
| Denver-Aurora, CO | 1 | $ 184,000 | $ 184,000 | $ 46,000 |
| Des Moines-West Des Moines, IA | 1 | $ 200,000 | $ 200,000 | $ 101,000 |
| Durham, NC | 1 | $ 121,000 | $ 121,000 | $ 115,000 |
| Edison-New Brunswick, NJ | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| Fort Wayne, IN | 1 | $ 190,000 | $ 190,000 | $ 61,000 |
| Grand Rapids-Wyoming, MI | 1 | $ 1,289,000 | $ 1,289,000 | $ 354,000 |
| Greeley, CO | 1 | $ 155,000 | $ 155,000 | $ 72,000 |
| Greenville, NC | 1 | $ 56,000 | $ 56,000 | $ 62,000 |
| Greenville-Mauldin-Easley, SC | 1 | $ 11,000 | $ 11,000 | $ 17,000 |
| Jacksonville, NC | 1 | $ 140,000 | $ 140,000 | $ 149,000 |
| Kennewick-Pasco-Richland, WA | 1 | $ 95,000 | $ 95,000 | $ 64,000 |
| Lakeland-Winter Haven, FL | 1 | $ 136,000 | $ 136,000 | $ 94,000 |
| Lexington-Fayette, KY | 1 | $ 118,000 | $ 118,000 | $ 213,000 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 135,000 | $ 135,000 | $ 52,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1 | $ 180,000 | $ 180,000 | $ 47,000 |
| Myrtle Beach-North Myrtle Beach-Conway, SC | 1 | $ 132,000 | $ 132,000 | $ 70,000 |
| Napa, CA | 1 | $ 541,000 | $ 541,000 | $ 146,000 |
| Ogden-Clearfield, UT | 1 | $ 875,000 | $ 875,000 | $ 576,000 |
| Panama City-Lynn Haven, FL | 1 | $ 148,000 | $ 148,000 | $ 118,000 |
| Port St. Lucie, FL | 1 | $ 124,000 | $ 124,000 | $ 240,000 |
| Prescott, AZ | 1 | $ 700,000 | $ 700,000 | $ 214,000 |
| Providence-New Bedford-Fall River, RI-MA | 1 | $ 166,000 | $ 166,000 | $ 156,000 |
| Racine, WI | 1 | $ 50,000 | $ 50,000 | $ 87,000 |
| Reno-Sparks, NV | 1 | $ 1,495,000 | $ 1,495,000 | $ 433,000 |
| Rochester, NY | 1 | $ 108,000 | $ 108,000 | $ 40,000 |
| Rockingham County-Strafford County, NH | 1 | $ 354,000 | $ 354,000 | $ 85,000 |
| Salisbury, MD | 1 | $ 150,000 | $ 150,000 | $ 36,000 |
| San Luis Obispo-Paso Robles, CA | 1 | $ 350,000 | $ 350,000 | $ 183,000 |
| Santa Cruz-Watsonville, CA | 1 | $ 990,000 | $ 990,000 | $ 288,000 |
| Spokane, WA | 1 | $ 190,000 | $ 190,000 | $ 55,000 |
| St. Louis, MO-IL | 1 | $ 64,000 | $ 64,000 | $ 68,000 |
| Syracuse, NY | 1 | $ 216,000 | $ 216,000 | $ 41,000 |
| Tacoma, WA | 1 | $ 683,000 | $ 683,000 | $ 152,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 392,000 | $ 392,000 | $ 92,000 |
| Vallejo-Fairfield, CA | 1 | $ 623,000 | $ 623,000 | $ 222,000 |
| Vineland-Millville-Bridgeton, NJ | 1 | $ 176,000 | $ 176,000 | $ 28,000 |
| Wilmington, NC | 1 | $ 210,000 | $ 210,000 | $ 45,000 |
Mortgage Loan Application Detail Totals for B. F. Saul Mortgage Company in 2008
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 2,611 | $719,749,000 | $275,000 | $2,000,000 | $110,000 | $3,538,000 |
| Refinancing | 1,685 | $553,252,000 | $328,000 | $2,500,000 | $131,000 | $2,634,000 |
| Home Improvement | 63 | $25,817,000 | $409,000 | $2,000,000 | $192,000 | $1,100,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 2,414 | $721,197,000 | $298,000 | $2,000,000 | $126,000 | $2,634,000 |
| Hispanic | 706 | $187,434,000 | $265,000 | $1,410,000 | $78,000 | $586,000 |
| Not Provided | 551 | $215,976,000 | $391,000 | $2,500,000 | $172,000 | $3,538,000 |
| Black or African American | 468 | $106,141,000 | $226,000 | $1,012,000 | $79,000 | $614,000 |
| Asian | 194 | $59,446,000 | $306,000 | $1,495,000 | $124,000 | $432,000 |
| American Indian or Alaskan Native | 17 | $4,643,000 | $273,000 | $578,000 | $107,000 | $210,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $3,981,000 | $442,000 | $1,130,000 | $160,000 | $600,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 3,571 | $1,115,176,000 | $312,000 | $2,500,000 | $130,000 | $3,538,000 |
| FHA-insured (Federal Housing Administration) | 558 | $127,123,000 | $227,000 | $739,000 | $72,000 | $275,000 |
| VA-guaranteed (Veterans Administration) | 230 | $56,519,000 | $245,000 | $429,000 | $65,000 | $200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 3,487 | $995,729,000 | $285,000 | $2,000,000 | $116,000 | $3,538,000 |
| Application Withdrawn By Applicant | 487 | $177,770,000 | $365,000 | $2,500,000 | $141,000 | $2,992,000 |
| Application Denied By Financial Institution | 202 | $57,931,000 | $286,000 | $1,926,000 | $89,000 | $725,000 |
| Application Approved But Not Accepted | 119 | $38,085,000 | $320,000 | $1,750,000 | $131,000 | $2,018,000 |
| File Closed For Incompleteness | 64 | $29,303,000 | $457,000 | $1,365,000 | $178,000 | $960,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Collateral | 85 | $22,150,000 | $260,000 | $1,197,000 | $86,000 | $252,000 |
| Other | 68 | $20,737,000 | $304,000 | $1,463,000 | $99,000 | $725,000 |
| Debt-To-Income Ratio | 31 | $11,792,000 | $380,000 | $1,926,000 | $80,000 | $248,000 |
| Credit History | 9 | $2,346,000 | $260,000 | $455,000 | $68,000 | $138,000 |
| Employment History | 7 | $618,000 | $88,000 | $183,000 | $95,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $119,000 | $119,000 | $119,000 | $32,000 | $32,000 |
| Unverifiable Information | 1 | $169,000 | $169,000 | $169,000 | $48,000 | $48,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into B. F. Saul Mortgage Company's 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess B. F. Saul Mortgage Company's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About