Sandy Spring Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Sandy Spring Bank 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Sandy Spring Bank 6831 Benjamin Frankin Drive Olney, MD 21046 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 3,432 |
| Total Mortgage Loan Application Amount | $796,306,000 |
| Average Mortgage Loan Application Amount | $200,333 |
| Highest Mortgage Loan Application Amount | $2,754,000 |
| Average Applicant Income | $95,833 |
| Highest Applicant Income | $1,791,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Sandy Spring Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Sandy Spring Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Sandy Spring Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Sandy Spring Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Sandy Spring Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Sandy Spring Bank's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Montgomery County Maryland | 1,528 | $ 341,642,000 | $ 223,000 | $ 101,000 |
| Howard County Maryland | 384 | $ 98,399,000 | $ 256,000 | $ 111,000 |
| Anne Arundel County Maryland | 326 | $ 86,691,000 | $ 265,000 | $ 94,000 |
| Frederick County Maryland | 189 | $ 41,474,000 | $ 219,000 | $ 79,000 |
| Prince George's County Maryland | 184 | $ 33,080,000 | $ 179,000 | $ 84,000 |
| Sussex County Delaware | 153 | $ 36,085,000 | $ 235,000 | $ 217,000 |
| Carroll County Maryland | 103 | $ 20,414,000 | $ 198,000 | $ 75,000 |
| Baltimore County Maryland | 80 | $ 20,627,000 | $ 257,000 | $ 110,000 |
| District of Columbia County District Of Columbia | 59 | $ 16,007,000 | $ 271,000 | $ 146,000 |
| Fairfax County Virginia | 59 | $ 16,041,000 | $ 271,000 | $ 122,000 |
| Worcester County Maryland | 38 | $ 8,859,000 | $ 233,000 | $ 262,000 |
| Queen Anne's County Maryland | 30 | $ 9,100,000 | $ 303,000 | $ 90,000 |
| Calvert County Maryland | 29 | $ 5,541,000 | $ 191,000 | $ 77,000 |
| Baltimore City County Maryland | 27 | $ 3,801,000 | $ 140,000 | $ 100,000 |
| Harford County Maryland | 25 | $ 6,009,000 | $ 240,000 | $ 107,000 |
| Loudoun County Virginia | 22 | $ 5,847,000 | $ 265,000 | $ 117,000 |
| Garrett County Maryland | 20 | $ 6,805,000 | $ 340,000 | $ 165,000 |
| Washington County Maryland | 16 | $ 3,630,000 | $ 226,000 | $ 91,000 |
| Charles County Maryland | 15 | $ 3,290,000 | $ 219,000 | $ 125,000 |
| Alexandria County Virginia | 14 | $ 3,497,000 | $ 249,000 | $ 140,000 |
| Talbot County Maryland | 10 | $ 3,306,000 | $ 330,000 | $ 153,000 |
| Arlington County Virginia | 10 | $ 2,467,000 | $ 246,000 | $ 87,000 |
| Allegany County Maryland | 9 | $ 1,047,000 | $ 116,000 | $ 79,000 |
| Stafford County Virginia | 9 | $ 1,569,000 | $ 174,000 | $ 63,000 |
| St. Mary's County Maryland | 7 | $ 1,570,000 | $ 224,000 | $ 140,000 |
| Prince William County Virginia | 7 | $ 2,080,000 | $ 297,000 | $ 63,000 |
| Dorchester County Maryland | 6 | $ 1,358,000 | $ 226,000 | $ 162,000 |
| Spotsylvania County Virginia | 6 | $ 1,210,000 | $ 201,000 | $ 86,000 |
| Berkeley County West Virginia | 6 | $ 1,398,000 | $ 233,000 | $ 66,000 |
| Adams County Pennsylvania | 5 | $ 973,000 | $ 194,000 | $ 39,000 |
| Jefferson County West Virginia | 5 | $ 741,000 | $ 148,000 | $ 86,000 |
| Palm Beach County Florida | 4 | $ 458,000 | $ 114,000 | $ 39,000 |
| Cecil County Maryland | 4 | $ 802,000 | $ 200,000 | $ 69,000 |
| Franklin County Pennsylvania | 3 | $ 779,000 | $ 259,000 | $ 94,000 |
| York County Pennsylvania | 3 | $ 430,000 | $ 143,000 | $ 95,000 |
| Kent County Delaware | 2 | $ 296,000 | $ 148,000 | $ 116,000 |
| Hillsborough County Florida | 2 | $ 350,000 | $ 175,000 | $ 28,000 |
| Wicomico County Maryland | 2 | $ 376,000 | $ 188,000 | $ 99,000 |
| Clarke County Virginia | 2 | $ 2,355,000 | $ 1,177,000 | $ 360,000 |
| Fauquier County Virginia | 2 | $ 649,000 | $ 324,000 | $ 62,000 |
| Frederick County Virginia | 2 | $ 422,000 | $ 211,000 | $ 79,000 |
| Louisa County Virginia | 2 | $ 304,000 | $ 152,000 | $ 118,000 |
| Nelson County Virginia | 2 | $ 370,000 | $ 185,000 | $ 14,000 |
| Orange County Virginia | 2 | $ 339,000 | $ 169,000 | $ 89,000 |
| Warren County Virginia | 2 | $ 510,000 | $ 255,000 | $ 30,000 |
| New Castle County Delaware | 1 | $ 129,000 | $ 129,000 | $ 84,000 |
| Caroline County Maryland | 1 | $ 122,000 | $ 122,000 | $ 42,000 |
| Ulster County New York | 1 | $ 172,000 | $ 172,000 | $ 0 |
| Dare County North Carolina | 1 | $ 243,000 | $ 243,000 | $ 134,000 |
| Delaware County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 156,000 |
| Fulton County Pennsylvania | 1 | $ 495,000 | $ 495,000 | $ 66,000 |
| Falls Church County Virginia | 1 | $ 265,000 | $ 265,000 | $ 233,000 |
| Franklin County Virginia | 1 | $ 208,000 | $ 208,000 | $ 133,000 |
| Henrico County Virginia | 1 | $ 279,000 | $ 279,000 | $ 142,000 |
| King George County Virginia | 1 | $ 118,000 | $ 118,000 | $ 98,000 |
| Montgomery County Virginia | 1 | $ 117,000 | $ 117,000 | $ 52,000 |
| Newport News County Virginia | 1 | $ 108,000 | $ 108,000 | $ 90,000 |
| Northampton County Virginia | 1 | $ 390,000 | $ 390,000 | $ 0 |
| Northumberland County Virginia | 1 | $ 167,000 | $ 167,000 | $ 98,000 |
| Rappahannock County Virginia | 1 | $ 88,000 | $ 88,000 | $ 54,000 |
| Rockingham County Virginia | 1 | $ 78,000 | $ 78,000 | $ 0 |
| Shenandoah County Virginia | 1 | $ 189,000 | $ 189,000 | $ 116,000 |
Mortgage Loan Application Detail Totals for Sandy Spring Bank in 2003
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 (home purchase or home improvement, one-to-four family) | 2,604 | $600,619,000 | $216,111 | $2,754,000 | $91,666 | $1,791,000 |
| Home Purchase (one-to-four family) | 821 | $195,137,000 | $217,142 | $1,875,000 | $116,714 | $1,710,000 |
| Home Improvement (one-to-four family) | 6 | $490,000 | $81,000 | $188,000 | $83,000 | $180,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $60,000 | $60,000 | $60,000 | $0 | $0 |
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 | 2,524 | $589,724,000 | $217,888 | $2,754,000 | $103,777 | $1,791,000 |
| Information not provided by applicant in mail or telephone application | 524 | $117,530,000 | $226,857 | $1,800,000 | $91,285 | $1,710,000 |
| Black | 168 | $34,388,000 | $326,500 | $850,000 | $84,750 | $353,000 |
| Hispanic | 95 | $20,770,000 | $226,333 | $580,000 | $109,000 | $1,072,000 |
| Asian or Pacific Islander | 77 | $20,481,000 | $349,000 | $1,291,000 | $130,333 | $503,000 |
| Other | 37 | $9,271,000 | $186,333 | $1,000,000 | $168,000 | $1,224,000 |
| American Indian or Alaskan Native | 5 | $3,981,000 | $796,000 | $2,200,000 | $240,000 | $545,000 |
| Not applicable | 2 | $161,000 | $80,000 | $87,000 | $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) | 3,376 | $787,367,000 | $223,000 | $2,754,000 | $110,500 | $1,791,000 |
| FHA-insured (Federal Housing Administration) | 42 | $6,473,000 | $154,000 | $269,000 | $47,000 | $126,000 |
| VA-guaranteed (Veterans Administration) | 10 | $1,725,000 | $181,333 | $236,000 | $9,000 | $137,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $741,000 | $185,000 | $214,000 | $71,000 | $134,000 |
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 | 2,833 | $650,458,000 | $215,625 | $2,754,000 | $106,625 | $1,710,000 |
| Application Withdrawn By Applicant | 452 | $110,056,000 | $217,714 | $1,800,000 | $100,428 | $1,791,000 |
| Application Denied By Financial Institution | 63 | $16,227,000 | $324,000 | $1,875,000 | $117,166 | $1,089,000 |
| File Closed For Incompleteness | 53 | $12,120,000 | $265,000 | $1,000,000 | $13,750 | $175,000 |
| Application Approved But Not Accepted | 31 | $7,445,000 | $281,500 | $990,000 | $166,250 | $627,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 26 | $7,120,000 | $448,800 | $1,365,000 | $105,800 | $360,000 |
| Other | 9 | $3,544,000 | $568,400 | $1,875,000 | $279,800 | $1,089,000 |
| Credit History | 8 | $2,170,000 | $228,000 | $918,000 | $84,333 | $284,000 |
| Collateral | 5 | $909,000 | $191,000 | $207,000 | $161,000 | $249,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $808,000 | $197,500 | $304,000 | $96,500 | $116,000 |
| Unverifiable Information | 1 | $280,000 | $280,000 | $280,000 | $52,000 | $52,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sandy Spring Bank's 2003 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 Sandy Spring 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.