K Bank Mortgage Lending & HMDA Data, 2007
In 2007, K Bank of Owings Mills, MD reported 460 mortgage applications totaling $113.5 million, down 19% from 2006. The average application was for $246,654, and applicants reported an average income of $86,060. 74% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Baltimore-Towson, MD (324), Washington-Arlington-Alexandria, DC-VA-MD-WV (72) and Wilmington, DE-MD-NJ (19) (applications in parentheses).
| Mortgage Company & Address | K Bank 11407 Cronhill Drive, Suite N Owings Mills, MD 21117 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 460 |
| Total Mortgage Loan Application Amount | $113,461,000 |
| Average Mortgage Loan Application Amount | $246,654 |
| Highest Mortgage Loan Application Amount | $1,196,000 |
| Average Applicant Income | $86,060 |
| Highest Applicant Income | $529,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records K Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Baltimore City, Maryland | 235 | $ 34,906,000 | $ 148,536 | $ 49,000 |
| Baltimore, Maryland | 47 | $ 12,315,000 | $ 262,021 | $ 87,000 |
| Prince George's, Maryland | 31 | $ 12,877,000 | $ 415,387 | $ 137,000 |
| Anne Arundel, Maryland | 18 | $ 4,124,000 | $ 229,111 | $ 95,000 |
| New Castle, Delaware | 17 | $ 3,366,000 | $ 198,000 | $ 57,000 |
| Sussex, Delaware | 10 | $ 4,254,000 | $ 425,400 | $ 160,000 |
| Montgomery, Maryland | 10 | $ 5,513,000 | $ 551,300 | $ 277,000 |
| District of Columbia, District Of Columbia | 9 | $ 2,966,000 | $ 329,555 | $ 141,000 |
| Harford, Maryland | 9 | $ 2,939,000 | $ 326,555 | $ 150,000 |
| Loudoun, Virginia | 9 | $ 5,378,000 | $ 597,555 | $ 211,000 |
| Carroll, Maryland | 8 | $ 1,604,000 | $ 200,500 | $ 41,000 |
| Charles, Maryland | 7 | $ 1,655,000 | $ 236,428 | $ 119,000 |
| Fairfax, Virginia | 6 | $ 4,419,000 | $ 736,500 | $ 200,000 |
| Kent, Delaware | 4 | $ 1,309,000 | $ 327,250 | $ 76,000 |
| Calvert, Maryland | 4 | $ 1,701,000 | $ 425,250 | $ 136,000 |
| Frederick, Maryland | 4 | $ 1,375,000 | $ 343,750 | $ 160,000 |
| Queen Anne's, Maryland | 4 | $ 1,807,000 | $ 451,750 | $ 115,000 |
| St. Mary's, Maryland | 4 | $ 1,695,000 | $ 423,750 | $ 164,000 |
| Howard, Maryland | 3 | $ 1,565,000 | $ 521,666 | $ 170,000 |
| Chester, Pennsylvania | 3 | $ 716,000 | $ 238,666 | $ 89,000 |
| Cecil, Maryland | 2 | $ 459,000 | $ 229,500 | $ 94,000 |
| Worcester, Maryland | 2 | $ 800,000 | $ 400,000 | $ 222,000 |
| Augusta, Virginia | 2 | $ 348,000 | $ 174,000 | $ 86,000 |
| Manassas, Virginia | 2 | $ 671,000 | $ 335,500 | $ 82,000 |
| Prince William, Virginia | 2 | $ 1,706,000 | $ 853,000 | $ 231,000 |
| Garrett, Maryland | 1 | $ 157,000 | $ 157,000 | $ 52,000 |
| Talbot, Maryland | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Arlington, Virginia | 1 | $ 655,000 | $ 655,000 | $ 265,000 |
| Frederick, Virginia | 1 | $ 448,000 | $ 448,000 | $ 149,000 |
| Lancaster, Virginia | 1 | $ 235,000 | $ 235,000 | $ 180,000 |
| Louisa, Virginia | 1 | $ 526,000 | $ 526,000 | $ 393,000 |
| Jefferson, West Virginia | 1 | $ 132,000 | $ 132,000 | $ 0 |
Mortgage Loan Application Detail Totals for K Bank in 2007
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 | 395 | $98,576,000 | $249,000 | $1,196,000 | $87,000 | $529,000 |
| Refinancing | 44 | $10,911,000 | $247,000 | $649,000 | $102,000 | $367,000 |
| Home Improvement | 21 | $3,974,000 | $189,000 | $600,000 | $35,000 | $276,000 |
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 | 201 | $52,941,000 | $263,000 | $1,120,000 | $95,000 | $393,000 |
| Black or African American | 169 | $39,190,000 | $231,000 | $1,178,000 | $95,000 | $529,000 |
| Not applicable | 48 | $8,827,000 | $183,000 | $600,000 | $7,000 | $180,000 |
| Hispanic | 21 | $4,212,000 | $200,000 | $956,000 | $68,000 | $273,000 |
| Asian | 10 | $4,937,000 | $493,000 | $1,196,000 | $154,000 | $410,000 |
| Not Provided | 6 | $2,222,000 | $370,000 | $750,000 | $106,000 | $222,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $776,000 | $258,000 | $576,000 | $127,000 | $265,000 |
| American Indian or Alaskan Native | 2 | $356,000 | $178,000 | $316,000 | $80,000 | $80,000 |
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) | 424 | $107,290,000 | $253,000 | $1,196,000 | $88,000 | $529,000 |
| FHA-insured (Federal Housing Administration) | 34 | $5,700,000 | $167,000 | $320,000 | $56,000 | $147,000 |
| VA-guaranteed (Veterans Administration) | 2 | $471,000 | $235,000 | $305,000 | $82,000 | $98,000 |
| 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 | 340 | $81,356,000 | $239,000 | $1,196,000 | $81,000 | $529,000 |
| Application Withdrawn By Applicant | 55 | $13,239,000 | $240,000 | $1,120,000 | $75,000 | $349,000 |
| Application Denied By Financial Institution | 31 | $4,961,000 | $160,000 | $413,000 | $93,000 | $361,000 |
| Loan Purchased By The Institution | 15 | $9,648,000 | $643,000 | $962,000 | $231,000 | $410,000 |
| Application Approved But Not Accepted | 11 | $1,823,000 | $165,000 | $272,000 | $55,000 | $377,000 |
| File Closed For Incompleteness | 8 | $2,434,000 | $304,000 | $750,000 | $97,000 | $450,000 |
| 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 | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into K Bank's 2007 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 K Bank'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