Hagerstown Trust
Mortgage Loan Application
Totals and Details
for 2004

Find mortgage loan statistics, lending data, and loan application totals for Maryland.
The mortgage statistics and data below are specific to mortgage loan applications for Hagerstown Trust.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Hagerstown Trust
P.O. Box 189
Hagerstown, MD 21741
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 776
Total Mortgage Loan Application Amount $89,837,000
Average Mortgage Loan Application Amount $276,461
Highest Mortgage Loan Application Amount $1,400,000
Average Applicant Income $175,076
Highest Applicant Income $759,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MD, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Hagerstown Trust by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Washington County Maryland 621 $ 66,009,000 $ 106,000 $ 68,000
Franklin County Pennsylvania 59 $ 7,481,000 $ 126,000 $ 67,000
Frederick County Maryland 23 $ 3,457,000 $ 150,000 $ 103,000
Berkeley County West Virginia 22 $ 1,965,000 $ 89,000 $ 53,000
Fulton County Pennsylvania 13 $ 828,000 $ 63,000 $ 41,000
Morgan County West Virginia 8 $ 455,000 $ 56,000 $ 65,000
Carroll County Maryland 7 $ 1,612,000 $ 230,000 $ 82,000
Jefferson County West Virginia 5 $ 998,000 $ 199,000 $ 104,000
Allegany County Maryland 3 $ 82,000 $ 27,000 $ 31,000
Garrett County Maryland 3 $ 796,000 $ 265,000 $ 131,000
Montgomery County Maryland 3 $ 1,619,000 $ 539,000 $ 273,000
Worcester County Maryland 3 $ 1,754,000 $ 584,000 $ 261,000
Sussex County Delaware 2 $ 1,698,000 $ 849,000 $ 258,000
Prince George's County Maryland 1 $ 70,000 $ 70,000 $ 115,000
Cumberland County Pennsylvania 1 $ 34,000 $ 34,000 $ 80,000
Bedford County Virginia 1 $ 667,000 $ 667,000 $ 759,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Maryland, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Hagerstown Trust in 2004

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
Refinancing 316 $41,514,000 $265,800 $920,000 $217,200 $759,000
Home Purchase 239 $42,223,000 $437,000 $1,400,000 $201,000 $698,000
Home Improvement 221 $6,100,000 $26,666 $115,000 $61,666 $343,000

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 690 $82,980,000 $361,166 $1,400,000 $267,666 $759,000
Not Provided 55 $3,253,000 $50,333 $703,000 $73,000 $235,000
Hispanic 9 $1,024,000 $113,666 $311,000 $61,000 $127,000
Black or African American 8 $136,000 $26,000 $40,000 $87,000 $140,000
Not applicable 7 $1,381,000 $158,500 $468,000 $0 $0
American Indian or Alaskan Native 3 $238,000 $79,000 $128,000 $81,000 $89,000
Asian 3 $805,000 $268,000 $323,000 $107,000 $234,000
Native Hawaiian or Other Pacific Islander 1 $20,000 $20,000 $20,000 $89,000 $89,000

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) 774 $89,603,000 $358,500 $1,400,000 $266,666 $759,000
FHA-insured (Federal Housing Administration) 2 $234,000 $117,000 $143,000 $46,000 $55,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 655 $76,060,000 $367,400 $1,400,000 $247,800 $759,000
Application Denied By Financial Institution 50 $3,575,000 $65,000 $730,000 $43,666 $219,000
Application Approved But Not Accepted 49 $7,162,000 $204,250 $672,000 $154,000 $366,000
Application Withdrawn By Applicant 17 $2,897,000 $77,000 $703,000 $78,000 $282,000
File Closed For Incompleteness 5 $143,000 $28,000 $75,000 $72,000 $142,000
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
Credit History 22 $1,334,000 $62,500 $393,000 $40,000 $103,000
Debt-To-Income Ratio 21 $807,000 $51,500 $110,000 $49,000 $114,000
Collateral 6 $1,389,000 $185,000 $730,000 $66,500 $219,000
Unverifiable Information 1 $45,000 $45,000 $45,000 $29,000 $29,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MD, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Maryland, and search similar information at your convenience.

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