Sandy Spring Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Sandy Spring Bank 2020 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 | 7,902 |
| Total Mortgage Loan Application Amount | $3,158,350,000 |
| Average Mortgage Loan Application Amount | $307,000 |
| Highest Mortgage Loan Application Amount | $27,805,000 |
| Average Applicant Income | $157,000 |
| Highest Applicant Income | $6,950,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 1,954 | $ 841,990,000 | $ 430,000 | $ 202,000 |
| Fairfax County Virginia | 864 | $ 418,330,000 | $ 484,000 | $ 221,000 |
| District of Columbia County District Of Columbia | 838 | $ 432,260,000 | $ 515,000 | $ 195,000 |
| Prince George's County Maryland | 719 | $ 202,465,000 | $ 281,000 | $ 112,000 |
| Anne Arundel County Maryland | 577 | $ 196,455,000 | $ 340,000 | $ 186,000 |
| Howard County Maryland | 479 | $ 186,055,000 | $ 388,000 | $ 207,000 |
| Frederick County Maryland | 371 | $ 111,215,000 | $ 299,000 | $ 139,000 |
| Loudoun County Virginia | 317 | $ 120,465,000 | $ 380,000 | $ 184,000 |
| Baltimore County Maryland | 220 | $ 72,210,000 | $ 328,000 | $ 190,000 |
| Prince William County Virginia | 190 | $ 68,530,000 | $ 360,000 | $ 118,000 |
| Arlington County Virginia | 180 | $ 102,410,000 | $ 568,000 | $ 231,000 |
| Carroll County Maryland | 142 | $ 42,300,000 | $ 297,000 | $ 142,000 |
| Baltimore City County Maryland | 138 | $ 33,850,000 | $ 245,000 | $ 153,000 |
| Alexandria County Virginia | 91 | $ 38,045,000 | $ 418,000 | $ 208,000 |
| Charles County Maryland | 89 | $ 26,895,000 | $ 302,000 | $ 92,000 |
| Sussex County Delaware | 61 | $ 29,255,000 | $ 479,000 | $ 270,000 |
| Calvert County Maryland | 46 | $ 17,090,000 | $ 371,000 | $ 170,000 |
| Queen Anne's County Maryland | 38 | $ 13,930,000 | $ 366,000 | $ 182,000 |
| Worcester County Maryland | 34 | $ 10,240,000 | $ 301,000 | $ 252,000 |
| Harford County Maryland | 33 | $ 8,615,000 | $ 261,000 | $ 146,000 |
| Washington County Maryland | 33 | $ 7,545,000 | $ 228,000 | $ 111,000 |
| Fauquier County Virginia | 22 | $ 6,930,000 | $ 315,000 | $ 164,000 |
| Fairfax City County Virginia | 21 | $ 8,215,000 | $ 391,000 | $ 201,000 |
| Stafford County Virginia | 18 | $ 5,900,000 | $ 327,000 | $ 128,000 |
| St. Mary's County Maryland | 17 | $ 4,495,000 | $ 264,000 | $ 136,000 |
| Henrico County Virginia | 16 | $ 5,720,000 | $ 357,000 | $ 113,000 |
| Charleston County South Carolina | 14 | $ 7,280,000 | $ 520,000 | $ 231,000 |
| Albemarle County Virginia | 13 | $ 2,815,000 | $ 216,000 | $ 211,000 |
| Falls Church County Virginia | 13 | $ 9,475,000 | $ 728,000 | $ 317,000 |
| Talbot County Maryland | 12 | $ 9,370,000 | $ 780,000 | $ 402,000 |
| Jefferson County West Virginia | 11 | $ 3,605,000 | $ 327,000 | $ 101,000 |
| Spotsylvania County Virginia | 10 | $ 2,760,000 | $ 276,000 | $ 109,000 |
| Palm Beach County Florida | 8 | $ 2,540,000 | $ 317,000 | $ 354,000 |
| Manassas Park County Virginia | 8 | $ 2,010,000 | $ 251,000 | $ 79,000 |
| Broward County Florida | 7 | $ 2,155,000 | $ 307,000 | $ 154,000 |
| Hillsborough County Florida | 7 | $ 2,455,000 | $ 350,000 | $ 386,000 |
| Garrett County Maryland | 6 | $ 1,750,000 | $ 291,000 | $ 357,000 |
| Wake County North Carolina | 6 | $ 1,640,000 | $ 273,000 | $ 167,000 |
| Montgomery County Pennsylvania | 6 | $ 2,550,000 | $ 425,000 | $ 265,000 |
| Manassas County Virginia | 6 | $ 1,250,000 | $ 208,000 | $ 57,000 |
| Warren County Virginia | 6 | $ 12,230,000 | $ 2,038,000 | $ 66,000 |
| Collier County Florida | 5 | $ 3,545,000 | $ 709,000 | $ 542,000 |
| Okaloosa County Florida | 5 | $ 1,285,000 | $ 257,000 | $ 170,000 |
| Sarasota County Florida | 5 | $ 1,385,000 | $ 277,000 | $ 101,000 |
| DeKalb County Georgia | 5 | $ 1,485,000 | $ 297,000 | $ 139,000 |
| Mecklenburg County North Carolina | 5 | $ 1,385,000 | $ 277,000 | $ 117,000 |
| Botetourt County Virginia | 5 | $ 1,775,000 | $ 355,000 | $ 219,000 |
| Miami-Dade County Florida | 4 | $ 4,750,000 | $ 1,187,000 | $ 197,000 |
| St. Johns County Florida | 4 | $ 980,000 | $ 245,000 | $ 86,000 |
| Fulton County Georgia | 4 | $ 1,100,000 | $ 275,000 | $ 222,000 |
| Caroline County Maryland | 4 | $ 650,000 | $ 162,000 | $ 82,000 |
| Dorchester County Maryland | 4 | $ 1,030,000 | $ 257,000 | $ 145,000 |
| Bucks County Pennsylvania | 4 | $ 1,510,000 | $ 377,000 | $ 91,000 |
| Cumberland County Pennsylvania | 4 | $ 960,000 | $ 240,000 | $ 164,000 |
| Frederick County Virginia | 4 | $ 1,480,000 | $ 370,000 | $ 115,000 |
| Virginia Beach County Virginia | 4 | $ 1,190,000 | $ 297,000 | $ 94,000 |
| Berkeley County West Virginia | 4 | $ 610,000 | $ 152,000 | $ 86,000 |
| Adams County Colorado | 3 | $ 675,000 | $ 225,000 | $ 100,000 |
| El Paso County Colorado | 3 | $ 1,025,000 | $ 341,000 | $ 116,000 |
| Pasco County Florida | 3 | $ 775,000 | $ 258,000 | $ 82,000 |
| Gwinnett County Georgia | 3 | $ 705,000 | $ 235,000 | $ 135,000 |
| Cecil County Maryland | 3 | $ 855,000 | $ 285,000 | $ 128,000 |
| Brunswick County North Carolina | 3 | $ 1,035,000 | $ 345,000 | $ 564,000 |
| Cabarrus County North Carolina | 3 | $ 715,000 | $ 238,000 | $ 99,000 |
| Currituck County North Carolina | 3 | $ 1,585,000 | $ 528,000 | $ 274,000 |
| Dare County North Carolina | 3 | $ 1,165,000 | $ 388,000 | $ 177,000 |
| New Hanover County North Carolina | 3 | $ 1,195,000 | $ 398,000 | $ 214,000 |
| Pender County North Carolina | 3 | $ 895,000 | $ 298,000 | $ 99,000 |
| Allegheny County Pennsylvania | 3 | $ 665,000 | $ 221,000 | $ 113,000 |
| Delaware County Pennsylvania | 3 | $ 1,395,000 | $ 465,000 | $ 192,000 |
| Philadelphia County Pennsylvania | 3 | $ 925,000 | $ 308,000 | $ 82,000 |
| Washington County Pennsylvania | 3 | $ 1,135,000 | $ 378,000 | $ 257,000 |
| York County Pennsylvania | 3 | $ 355,000 | $ 118,000 | $ 118,000 |
| Horry County South Carolina | 3 | $ 615,000 | $ 205,000 | $ 266,000 |
| Chesterfield County Virginia | 3 | $ 835,000 | $ 278,000 | $ 163,000 |
| Clarke County Virginia | 3 | $ 945,000 | $ 315,000 | $ 55,000 |
| Westmoreland County Virginia | 3 | $ 745,000 | $ 248,000 | $ 238,000 |
| Morgan County West Virginia | 3 | $ 555,000 | $ 185,000 | $ 226,000 |
| Denver County Colorado | 2 | $ 550,000 | $ 275,000 | $ 107,000 |
| Jefferson County Colorado | 2 | $ 760,000 | $ 380,000 | $ 143,000 |
| Summit County Colorado | 2 | $ 1,020,000 | $ 510,000 | $ 191,000 |
| Weld County Colorado | 2 | $ 590,000 | $ 295,000 | $ 73,000 |
| Marion County Florida | 2 | $ 440,000 | $ 220,000 | $ 100,000 |
| Orange County Florida | 2 | $ 650,000 | $ 325,000 | $ 139,000 |
| Glynn County Georgia | 2 | $ 700,000 | $ 350,000 | $ 150,000 |
| Buncombe County North Carolina | 2 | $ 510,000 | $ 255,000 | $ 184,000 |
| Union County North Carolina | 2 | $ 580,000 | $ 290,000 | $ 118,000 |
| Adams County Pennsylvania | 2 | $ 200,000 | $ 100,000 | $ 61,000 |
| Huntingdon County Pennsylvania | 2 | $ 590,000 | $ 295,000 | $ 599,000 |
| Beaufort County South Carolina | 2 | $ 970,000 | $ 485,000 | $ 180,000 |
| Oconee County South Carolina | 2 | $ 680,000 | $ 340,000 | $ 912,000 |
| Spartanburg County South Carolina | 2 | $ 420,000 | $ 210,000 | $ 119,000 |
| York County South Carolina | 2 | $ 1,010,000 | $ 505,000 | $ 241,000 |
| Accomack County Virginia | 2 | $ 330,000 | $ 165,000 | $ 185,000 |
| Chesapeake County Virginia | 2 | $ 700,000 | $ 350,000 | $ 142,000 |
| Culpeper County Virginia | 2 | $ 810,000 | $ 405,000 | $ 150,000 |
| Hopewell County Virginia | 2 | $ 200,000 | $ 100,000 | $ 69,000 |
| Louisa County Virginia | 2 | $ 890,000 | $ 445,000 | $ 207,000 |
| Nelson County Virginia | 2 | $ 690,000 | $ 345,000 | $ 188,000 |
| Northumberland County Virginia | 2 | $ 600,000 | $ 300,000 | $ 215,000 |
| Richmond City County Virginia | 2 | $ 380,000 | $ 190,000 | $ 96,000 |
| Roanoke County Virginia | 2 | $ 660,000 | $ 330,000 | $ 88,000 |
| Shenandoah County Virginia | 2 | $ 100,000 | $ 50,000 | $ 125,000 |
| York County Virginia | 2 | $ 570,000 | $ 285,000 | $ 86,000 |
| Hardy County West Virginia | 2 | $ 620,000 | $ 310,000 | $ 464,000 |
| Arapahoe County Colorado | 1 | $ 455,000 | $ 455,000 | $ 140,000 |
| Boulder County Colorado | 1 | $ 545,000 | $ 545,000 | $ 268,000 |
| Eagle County Colorado | 1 | $ 135,000 | $ 135,000 | $ 34,000 |
| Grand County Colorado | 1 | $ 445,000 | $ 445,000 | $ 268,000 |
| Ouray County Colorado | 1 | $ 465,000 | $ 465,000 | $ 15,000 |
| Brevard County Florida | 1 | $ 175,000 | $ 175,000 | $ 102,000 |
| Jefferson County Florida | 1 | $ 275,000 | $ 275,000 | $ 298,000 |
| Lake County Florida | 1 | $ 245,000 | $ 245,000 | $ 210,000 |
| Nassau County Florida | 1 | $ 225,000 | $ 225,000 | $ 106,000 |
| Osceola County Florida | 1 | $ 165,000 | $ 165,000 | $ 22,000 |
| Pinellas County Florida | 1 | $ 585,000 | $ 585,000 | $ 293,000 |
| Santa Rosa County Florida | 1 | $ 345,000 | $ 345,000 | $ 277,000 |
| St. Lucie County Florida | 1 | $ 245,000 | $ 245,000 | $ 73,000 |
| Volusia County Florida | 1 | $ 115,000 | $ 115,000 | $ 147,000 |
| Bibb County Georgia | 1 | $ 245,000 | $ 245,000 | $ 98,000 |
| Bryan County Georgia | 1 | $ 405,000 | $ 405,000 | $ 83,000 |
| Clayton County Georgia | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
| Forsyth County Georgia | 1 | $ 305,000 | $ 305,000 | $ 85,000 |
| Allegany County Maryland | 1 | $ 65,000 | $ 65,000 | $ 86,000 |
| Kent County Maryland | 1 | $ 165,000 | $ 165,000 | $ 74,000 |
| Somerset County Maryland | 1 | $ 215,000 | $ 215,000 | $ 50,000 |
| Wicomico County Maryland | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Cape May County New Jersey | 1 | $ 1,955,000 | $ 1,955,000 | $ 0 |
| Carteret County North Carolina | 1 | $ 305,000 | $ 305,000 | $ 97,000 |
| Durham County North Carolina | 1 | $ 215,000 | $ 215,000 | $ 211,000 |
| Franklin County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Halifax County North Carolina | 1 | $ 515,000 | $ 515,000 | $ 215,000 |
| Harnett County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 126,000 |
| Lenoir County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 269,000 |
| McDowell County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 109,000 |
| Orange County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 56,000 |
| Wilson County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 269,000 |
| Butler County Ohio | 1 | $ 345,000 | $ 345,000 | $ 263,000 |
| Cuyahoga County Ohio | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Geauga County Ohio | 1 | $ 275,000 | $ 275,000 | $ 885,000 |
| Hamilton County Ohio | 1 | $ 175,000 | $ 175,000 | $ 38,000 |
| Lake County Ohio | 1 | $ 85,000 | $ 85,000 | $ 117,000 |
| Montgomery County Ohio | 1 | $ 195,000 | $ 195,000 | $ 105,000 |
| Portage County Ohio | 1 | $ 225,000 | $ 225,000 | $ 81,000 |
| Beaver County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 73,000 |
| Berks County Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 68,000 |
| Blair County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 50,000 |
| Chester County Pennsylvania | 1 | $ 335,000 | $ 335,000 | $ 128,000 |
| Franklin County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 62,000 |
| Lancaster County Pennsylvania | 1 | $ 275,000 | $ 275,000 | $ 109,000 |
| Lebanon County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 140,000 |
| Monroe County Pennsylvania | 1 | $ 335,000 | $ 335,000 | $ 90,000 |
| Dorchester County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 125,000 |
| Lancaster County South Carolina | 1 | $ 505,000 | $ 505,000 | $ 197,000 |
| Laurens County South Carolina | 1 | $ 435,000 | $ 435,000 | $ 161,000 |
| Richland County South Carolina | 1 | $ 95,000 | $ 95,000 | $ 112,000 |
| Davidson County Tennessee | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Williamson County Tennessee | 1 | $ 545,000 | $ 545,000 | $ 440,000 |
| Bedford County Virginia | 1 | $ 105,000 | $ 105,000 | $ 117,000 |
| Caroline County Virginia | 1 | $ 205,000 | $ 205,000 | $ 52,000 |
| Charlottesville County Virginia | 1 | $ 295,000 | $ 295,000 | $ 153,000 |
| Fluvanna County Virginia | 1 | $ 375,000 | $ 375,000 | $ 277,000 |
| Franklin County Virginia | 1 | $ 285,000 | $ 285,000 | $ 222,000 |
| Fredericksburg County Virginia | 1 | $ 295,000 | $ 295,000 | $ 421,000 |
| Goochland County Virginia | 1 | $ 715,000 | $ 715,000 | $ 283,000 |
| Hampton County Virginia | 1 | $ 185,000 | $ 185,000 | $ 106,000 |
| Hanover County Virginia | 1 | $ 275,000 | $ 275,000 | $ 127,000 |
| Harrisonburg County Virginia | 1 | $ 205,000 | $ 205,000 | $ 461,000 |
| Isle of Wight County Virginia | 1 | $ 175,000 | $ 175,000 | $ 29,000 |
| King George County Virginia | 1 | $ 425,000 | $ 425,000 | $ 84,000 |
| Lancaster County Virginia | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Madison County Virginia | 1 | $ 295,000 | $ 295,000 | $ 160,000 |
| Norfolk County Virginia | 1 | $ 315,000 | $ 315,000 | $ 117,000 |
| Orange County Virginia | 1 | $ 265,000 | $ 265,000 | $ 340,000 |
| Portsmouth County Virginia | 1 | $ 425,000 | $ 425,000 | $ 200,000 |
| Rappahannock County Virginia | 1 | $ 505,000 | $ 505,000 | $ 137,000 |
| Greenbrier County West Virginia | 1 | $ 135,000 | $ 135,000 | $ 74,000 |
| Tucker County West Virginia | 1 | $ 475,000 | $ 475,000 | $ 0 |
Mortgage Loan Application Detail Totals for Sandy Spring Bank in 2020
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 | 3,510 | $1,587,310,000 | $452,000 | $27,805,000 | $194,000 | $6,950,000 |
| Home Purchase | 2,615 | $1,148,035,000 | $439,000 | $5,205,000 | $168,000 | $4,906,000 |
| Home Improvement | 821 | $126,755,000 | $154,000 | $1,645,000 | $209,000 | $3,975,000 |
| Cash-out Refinancing | 674 | $253,420,000 | $375,000 | $1,955,000 | $160,000 | $1,200,000 |
| Other Purpose | 276 | $41,190,000 | $149,000 | $1,255,000 | $211,000 | $1,440,000 |
| Not Applicable | 6 | $1,640,000 | $273,000 | $355,000 | $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 | 4,231 | $1,681,525,000 | $397,000 | $2,705,000 | $199,000 | $6,950,000 |
| Black or African American | 1,213 | $384,315,000 | $316,000 | $1,655,000 | $119,000 | $1,632,000 |
| Not Provided | 965 | $446,985,000 | $463,000 | $5,205,000 | $219,000 | $4,906,000 |
| Asian | 797 | $324,515,000 | $407,000 | $2,505,000 | $191,000 | $3,975,000 |
| Hispanic | 487 | $176,375,000 | $362,000 | $2,005,000 | $150,000 | $2,030,000 |
| Not applicable | 157 | $127,065,000 | $809,000 | $27,805,000 | $0 | $0 |
| American Indian or Alaskan Native | 33 | $9,565,000 | $289,000 | $655,000 | $163,000 | $913,000 |
| Native Hawaiian or Other Pacific Islander | 14 | $6,370,000 | $455,000 | $725,000 | $136,000 | $310,000 |
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) | 7,193 | $2,876,115,000 | $399,000 | $27,805,000 | $194,000 | $6,950,000 |
| FHA-insured (Federal Housing Administration) | 419 | $143,935,000 | $343,000 | $1,165,000 | $92,000 | $331,000 |
| VA-guaranteed (Veterans Administration) | 281 | $135,805,000 | $483,000 | $1,285,000 | $80,000 | $738,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $2,495,000 | $277,000 | $375,000 | $81,000 | $106,000 |
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 | 5,804 | $2,346,360,000 | $404,000 | $27,805,000 | $185,000 | $3,975,000 |
| Application Withdrawn By Applicant | 954 | $416,370,000 | $436,000 | $3,635,000 | $187,000 | $6,950,000 |
| Application Denied By Financial Institution | 632 | $178,660,000 | $282,000 | $2,405,000 | $160,000 | $4,906,000 |
| File Closed For Incompleteness | 385 | $183,585,000 | $476,000 | $2,025,000 | $220,000 | $2,518,000 |
| Application Approved But Not Accepted | 116 | $30,510,000 | $263,000 | $1,505,000 | $181,000 | $1,143,000 |
| Loan Purchased By The Institution | 11 | $2,865,000 | $260,000 | $415,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 7,270 | $2,979,690,000 | $409,000 | $27,805,000 | $187,000 | $6,950,000 |
| Debt-To-Income Ratio | 234 | $78,410,000 | $335,000 | $2,405,000 | $102,000 | $610,000 |
| Credit History | 148 | $35,010,000 | $236,000 | $1,795,000 | $141,000 | $848,000 |
| Collateral | 137 | $32,685,000 | $238,000 | $1,725,000 | $241,000 | $1,560,000 |
| Other | 43 | $12,065,000 | $280,000 | $875,000 | $274,000 | $4,906,000 |
| Unverifiable Information | 37 | $10,635,000 | $287,000 | $1,755,000 | $168,000 | $590,000 |
| Credit Application Incomplete | 18 | $2,200,000 | $122,000 | $355,000 | $178,000 | $525,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $4,610,000 | $576,000 | $1,105,000 | $222,000 | $428,000 |
| Employment History | 7 | $3,045,000 | $435,000 | $1,125,000 | $60,000 | $192,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sandy Spring Bank's 2020 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.