Sandy Spring Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Sandy Spring Bank 2004 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 | 2,270 |
| Total Mortgage Loan Application Amount | $655,448,000 |
| Average Mortgage Loan Application Amount | $342,181 |
| Highest Mortgage Loan Application Amount | $2,800,000 |
| Average Applicant Income | $134,590 |
| Highest Applicant Income | $2,102,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 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 2004 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 2004.
| 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 | 723 | $ 212,494,000 | $ 293,000 | $ 115,000 |
| Howard County Maryland | 231 | $ 75,991,000 | $ 328,000 | $ 121,000 |
| Frederick County Maryland | 193 | $ 54,060,000 | $ 280,000 | $ 118,000 |
| Anne Arundel County Maryland | 188 | $ 71,770,000 | $ 381,000 | $ 165,000 |
| Prince George's County Maryland | 133 | $ 28,575,000 | $ 214,000 | $ 98,000 |
| Baltimore County Maryland | 96 | $ 23,457,000 | $ 244,000 | $ 90,000 |
| Baltimore City County Maryland | 89 | $ 11,189,000 | $ 125,000 | $ 152,000 |
| Carroll County Maryland | 75 | $ 20,172,000 | $ 268,000 | $ 102,000 |
| Worcester County Maryland | 65 | $ 24,139,000 | $ 371,000 | $ 270,000 |
| Sussex County Delaware | 61 | $ 18,677,000 | $ 306,000 | $ 172,000 |
| Washington County Maryland | 42 | $ 9,197,000 | $ 218,000 | $ 82,000 |
| Fairfax County Virginia | 35 | $ 12,943,000 | $ 369,000 | $ 135,000 |
| District of Columbia County District Of Columbia | 34 | $ 12,068,000 | $ 354,000 | $ 150,000 |
| Calvert County Maryland | 29 | $ 6,993,000 | $ 241,000 | $ 122,000 |
| Garrett County Maryland | 27 | $ 8,056,000 | $ 298,000 | $ 215,000 |
| Harford County Maryland | 24 | $ 5,736,000 | $ 239,000 | $ 97,000 |
| Prince William County Virginia | 21 | $ 5,962,000 | $ 283,000 | $ 115,000 |
| Queen Anne's County Maryland | 20 | $ 8,423,000 | $ 421,000 | $ 174,000 |
| Loudoun County Virginia | 16 | $ 6,102,000 | $ 381,000 | $ 118,000 |
| Allegany County Maryland | 15 | $ 1,847,000 | $ 123,000 | $ 137,000 |
| Charles County Maryland | 13 | $ 3,567,000 | $ 274,000 | $ 99,000 |
| Arlington County Virginia | 9 | $ 2,417,000 | $ 268,000 | $ 121,000 |
| Adams County Pennsylvania | 7 | $ 1,153,000 | $ 164,000 | $ 89,000 |
| Wicomico County Maryland | 6 | $ 1,059,000 | $ 176,000 | $ 230,000 |
| Alexandria County Virginia | 6 | $ 942,000 | $ 157,000 | $ 76,000 |
| Caroline County Maryland | 5 | $ 933,000 | $ 186,000 | $ 57,000 |
| Cecil County Maryland | 5 | $ 1,410,000 | $ 282,000 | $ 71,000 |
| Talbot County Maryland | 5 | $ 1,464,000 | $ 292,000 | $ 198,000 |
| Spotsylvania County Virginia | 5 | $ 1,561,000 | $ 312,000 | $ 143,000 |
| Berkeley County West Virginia | 5 | $ 661,000 | $ 132,000 | $ 99,000 |
| St. Mary's County Maryland | 4 | $ 1,406,000 | $ 351,000 | $ 131,000 |
| Jefferson County West Virginia | 4 | $ 614,000 | $ 153,000 | $ 86,000 |
| Dorchester County Maryland | 3 | $ 470,000 | $ 156,000 | $ 119,000 |
| Franklin County Pennsylvania | 3 | $ 814,000 | $ 271,000 | $ 82,000 |
| York County Pennsylvania | 3 | $ 609,000 | $ 203,000 | $ 76,000 |
| Fauquier County Virginia | 3 | $ 1,279,000 | $ 426,000 | $ 193,000 |
| Frederick County Virginia | 3 | $ 724,000 | $ 241,000 | $ 75,000 |
| Louisa County Virginia | 3 | $ 688,000 | $ 229,000 | $ 77,000 |
| Mineral County West Virginia | 3 | $ 431,000 | $ 143,000 | $ 62,000 |
| Kent County Maryland | 2 | $ 595,000 | $ 297,000 | $ 92,000 |
| Somerset County Maryland | 2 | $ 845,000 | $ 422,000 | $ 202,000 |
| Montgomery County Pennsylvania | 2 | $ 304,000 | $ 152,000 | $ 85,000 |
| Culpeper County Virginia | 2 | $ 558,000 | $ 279,000 | $ 24,000 |
| Orange County Virginia | 2 | $ 419,000 | $ 209,000 | $ 69,000 |
| Warren County Virginia | 2 | $ 573,000 | $ 286,000 | $ 33,000 |
| Morgan County West Virginia | 2 | $ 562,000 | $ 281,000 | $ 160,000 |
| Tucker County West Virginia | 2 | $ 608,000 | $ 304,000 | $ 232,000 |
| New Castle County Delaware | 1 | $ 90,000 | $ 90,000 | $ 20,000 |
| Volusia County Florida | 1 | $ 110,000 | $ 110,000 | $ 145,000 |
| Guilford County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 81,000 |
| Wake County North Carolina | 1 | $ 140,000 | $ 140,000 | $ 66,000 |
| Northampton County Pennsylvania | 1 | $ 491,000 | $ 491,000 | $ 55,000 |
| Philadelphia County Pennsylvania | 1 | $ 98,000 | $ 98,000 | $ 78,000 |
| Accomack County Virginia | 1 | $ 390,000 | $ 390,000 | $ 166,000 |
| Caroline County Virginia | 1 | $ 90,000 | $ 90,000 | $ 180,000 |
| Carroll County Virginia | 1 | $ 110,000 | $ 110,000 | $ 42,000 |
| Clarke County Virginia | 1 | $ 272,000 | $ 272,000 | $ 74,000 |
| Colonial Heights County Virginia | 1 | $ 175,000 | $ 175,000 | $ 52,000 |
| Fairfax City County Virginia | 1 | $ 344,000 | $ 344,000 | $ 71,000 |
| Floyd County Virginia | 1 | $ 96,000 | $ 96,000 | $ 130,000 |
| Franklin County Virginia | 1 | $ 100,000 | $ 100,000 | $ 73,000 |
| Montgomery County Virginia | 1 | $ 104,000 | $ 104,000 | $ 226,000 |
| Nelson County Virginia | 1 | $ 230,000 | $ 230,000 | $ 167,000 |
| Rappahannock County Virginia | 1 | $ 198,000 | $ 198,000 | $ 54,000 |
| Stafford County Virginia | 1 | $ 207,000 | $ 207,000 | $ 62,000 |
| Virginia Beach County Virginia | 1 | $ 174,000 | $ 174,000 | $ 109,000 |
| Grant County West Virginia | 1 | $ 73,000 | $ 73,000 | $ 183,000 |
| Hampshire County West Virginia | 1 | $ 278,000 | $ 278,000 | $ 105,000 |
Mortgage Loan Application Detail Totals for Sandy Spring Bank 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 1,063 | $309,005,000 | $228,222 | $2,275,000 | $116,111 | $2,102,000 |
| Refinancing | 971 | $267,387,000 | $442,142 | $2,512,000 | $132,428 | $1,265,000 |
| Home Improvement | 236 | $79,056,000 | $396,500 | $2,800,000 | $164,833 | $888,000 |
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 | 1,520 | $451,906,000 | $264,222 | $2,800,000 | $124,888 | $2,102,000 |
| Not Provided | 396 | $104,257,000 | $270,571 | $1,500,000 | $107,285 | $1,710,000 |
| Black or African American | 189 | $48,193,000 | $281,600 | $1,439,000 | $136,600 | $377,000 |
| Asian | 79 | $29,332,000 | $339,666 | $1,475,000 | $110,000 | $477,000 |
| Hispanic | 72 | $17,844,000 | $249,400 | $1,100,000 | $91,000 | $685,000 |
| Not applicable | 10 | $2,747,000 | $200,500 | $513,000 | $20,000 | $125,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $380,000 | $190,000 | $230,000 | $181,000 | $220,000 |
| American Indian or Alaskan Native | 2 | $789,000 | $394,500 | $653,000 | $82,000 | $126,000 |
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) | 2,249 | $651,768,000 | $258,000 | $2,800,000 | $118,555 | $2,102,000 |
| FHA-insured (Federal Housing Administration) | 15 | $2,484,000 | $170,666 | $248,000 | $62,666 | $104,000 |
| VA-guaranteed (Veterans Administration) | 6 | $1,196,000 | $181,666 | $240,000 | $50,000 | $109,000 |
| 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 | 1,714 | $491,185,000 | $239,625 | $2,800,000 | $131,250 | $2,102,000 |
| Application Withdrawn By Applicant | 213 | $64,978,000 | $328,000 | $2,044,000 | $134,000 | $960,000 |
| File Closed For Incompleteness | 133 | $36,505,000 | $267,166 | $2,000,000 | $81,333 | $480,000 |
| Application Denied By Financial Institution | 114 | $31,597,000 | $246,000 | $2,100,000 | $67,400 | $454,000 |
| Application Approved But Not Accepted | 90 | $29,522,000 | $291,000 | $2,512,000 | $118,800 | $1,999,000 |
| Preapproval Approved but not Accepted | 3 | $1,086,000 | $362,000 | $640,000 | $128,000 | $214,000 |
| Preapproval Denied by Financial Institution | 3 | $575,000 | $191,000 | $250,000 | $51,000 | $70,000 |
| 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 | 51 | $16,583,000 | $243,400 | $2,100,000 | $77,000 | $400,000 |
| Credit History | 23 | $2,757,000 | $250,000 | $650,000 | $68,666 | $454,000 |
| Collateral | 15 | $3,285,000 | $242,500 | $950,000 | $109,000 | $377,000 |
| Credit Application Incomplete | 10 | $2,651,000 | $265,000 | $640,000 | $92,000 | $205,000 |
| Other | 9 | $3,616,000 | $415,333 | $1,871,000 | $54,333 | $388,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $2,385,000 | $1,192,500 | $2,000,000 | $238,500 | $407,000 |
| Unverifiable Information | 1 | $48,000 | $48,000 | $48,000 | $95,000 | $95,000 |
| Mortgage Insurance Denied | 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 2004 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.