Severn Savings Bank, Fsb Dba Severn Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Severn Savings Bank, Fsb Dba Severn Bank 2018 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 | Severn Savings Bank, Fsb Dba Severn Bank 200 Westgate Circle Suite 200 Annapolis, MD 21401 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 649 |
| Total Mortgage Loan Application Amount | $241,165,000 |
| Average Mortgage Loan Application Amount | $420,250 |
| Highest Mortgage Loan Application Amount | $3,955,000 |
| Average Applicant Income | $145,000 |
| Highest Applicant Income | $2,158,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Severn Savings Bank, Fsb Dba Severn 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 Severn Savings Bank, Fsb Dba Severn Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2018 breaks down Severn Savings Bank, Fsb Dba Severn 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 Severn Savings Bank, Fsb Dba Severn Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Severn Savings Bank, Fsb Dba Severn 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 Severn Savings Bank, Fsb Dba Severn Bank's mortgage activity for 2018.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| BALTIMORE-COLUMBIA-TOWSON, MD | 285 | $ 118,405,000 | $ 415,000 | $ 173,000 |
| SILVER SPRING-FREDERICK-ROCKVILLE, MD | 120 | $ 42,800,000 | $ 356,000 | $ 129,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 79 | $ 36,335,000 | $ 488,500 | $ 139,750 |
| HAGERSTOWN-MARTINSBURG, MD-WV | 22 | $ 4,900,000 | $ 230,000 | $ 77,000 |
| NA (OUTSIDE OF MSA/MD) | 20 | $ 6,350,000 | $ 306,400 | $ 152,400 |
| SALISBURY, MD-DE | 12 | $ 3,050,000 | $ 281,000 | $ 104,000 |
| ATLANTA-SANDY SPRINGS-ROSWELL, GA | 11 | $ 1,675,000 | $ 152,000 | $ 52,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 6 | $ 1,220,000 | $ 203,000 | $ 62,000 |
| NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ | 6 | $ 1,850,000 | $ 308,000 | $ 86,500 |
| RICHMOND, VA | 6 | $ 1,150,000 | $ 191,000 | $ 81,000 |
| CALIFORNIA-LEXINGTON PARK, MD | 5 | $ 1,705,000 | $ 341,000 | $ 126,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 5 | $ 755,000 | $ 151,000 | $ 54,000 |
| NEWARK, NJ-PA | 5 | $ 1,445,000 | $ 261,000 | $ 76,500 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 5 | $ 4,675,000 | $ 687,500 | $ 70,000 |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 4 | $ 520,000 | $ 130,000 | $ 37,000 |
| CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL | 4 | $ 490,000 | $ 122,000 | $ 89,000 |
| WILMINGTON, DE-MD-NJ | 4 | $ 960,000 | $ 240,000 | $ 126,000 |
| CHAMBERSBURG-WAYNESBORO, PA | 3 | $ 695,000 | $ 231,000 | $ 71,000 |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 3 | $ 605,000 | $ 201,000 | $ 53,000 |
| MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA | 3 | $ 895,000 | $ 298,000 | $ 264,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 3 | $ 555,000 | $ 185,000 | $ 42,000 |
| CAMDEN, NJ | 2 | $ 480,000 | $ 240,000 | $ 97,000 |
| GREENVILLE-ANDERSON-MAULDIN, SC | 2 | $ 340,000 | $ 170,000 | $ 104,000 |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC | 2 | $ 390,000 | $ 195,000 | $ 49,500 |
| ORLANDO-KISSIMMEE-SANFORD, FL | 2 | $ 570,000 | $ 285,000 | $ 110,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 2 | $ 380,000 | $ 190,000 | $ 109,000 |
| PITTSBURGH, PA | 2 | $ 780,000 | $ 390,000 | $ 141,000 |
| STOCKTON-LODI, CA | 2 | $ 400,000 | $ 200,000 | $ 86,000 |
| WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL | 2 | $ 570,000 | $ 285,000 | $ 21,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 1 | $ 195,000 | $ 195,000 | $ 49,000 |
| BATON ROUGE, LA | 1 | $ 125,000 | $ 125,000 | $ 90,000 |
| BLACKSBURG-CHRISTIANSBURG-RADFORD, VA | 1 | $ 455,000 | $ 455,000 | $ 88,000 |
| BURLINGTON-SOUTH BURLINGTON, VT | 1 | $ 125,000 | $ 125,000 | $ 42,000 |
| CAPE CORAL-FORT MYERS, FL | 1 | $ 345,000 | $ 345,000 | $ 222,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 1 | $ 255,000 | $ 255,000 | $ 106,000 |
| COLUMBIA, SC | 1 | $ 795,000 | $ 795,000 | $ 0 |
| COLUMBUS, OH | 1 | $ 165,000 | $ 165,000 | $ 49,000 |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL | 1 | $ 195,000 | $ 195,000 | $ 90,000 |
| DAPHNE-FAIRHOPE-FOLEY, AL | 1 | $ 105,000 | $ 105,000 | $ 27,000 |
| DOVER, DE | 1 | $ 185,000 | $ 185,000 | $ 50,000 |
| EAST STROUDSBURG, PA | 1 | $ 225,000 | $ 225,000 | $ 67,000 |
| ERIE, PA | 1 | $ 135,000 | $ 135,000 | $ 64,000 |
| HARRISBURG-CARLISLE, PA | 1 | $ 195,000 | $ 195,000 | $ 49,000 |
| JACKSONVILLE, FL | 1 | $ 205,000 | $ 205,000 | $ 0 |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
| OAKLAND-HAYWARD-BERKELEY, CA | 1 | $ 375,000 | $ 375,000 | $ 67,000 |
| PORT ST. LUCIE, FL | 1 | $ 175,000 | $ 175,000 | $ 70,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 1 | $ 385,000 | $ 385,000 | $ 72,000 |
| SEBASTIAN-VERO BEACH, FL | 1 | $ 1,205,000 | $ 1,205,000 | $ 0 |
| WICHITA, KS | 1 | $ 125,000 | $ 125,000 | $ 50,000 |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 1 | $ 175,000 | $ 175,000 | $ 49,000 |
Mortgage Loan Application Detail Totals for Severn Savings Bank, Fsb Dba Severn Bank in 2018
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 | 359 | $141,015,000 | $392,000 | $3,055,000 | $150,000 | $2,158,000 |
| Refinancing | 134 | $48,760,000 | $363,000 | $2,575,000 | $140,000 | $710,000 |
| Cash-out Refinancing | 129 | $33,335,000 | $258,000 | $905,000 | $97,000 | $480,000 |
| Home Improvement | 27 | $18,055,000 | $668,000 | $3,955,000 | $193,000 | $897,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $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 | 315 | $127,075,000 | $403,000 | $3,955,000 | $161,000 | $2,158,000 |
| Not Provided | 169 | $58,075,000 | $343,000 | $2,575,000 | $126,000 | $1,064,000 |
| Black or African American | 105 | $33,385,000 | $317,000 | $2,145,000 | $103,000 | $645,000 |
| Not applicable | 27 | $11,425,000 | $423,000 | $1,205,000 | $0 | $0 |
| Hispanic | 23 | $7,565,000 | $328,000 | $1,755,000 | $115,000 | $420,000 |
| American Indian or Alaskan Native | 7 | $1,205,000 | $172,000 | $285,000 | $66,000 | $106,000 |
| Asian | 3 | $2,435,000 | $811,000 | $1,505,000 | $220,000 | $319,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $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) | 426 | $176,920,000 | $415,000 | $3,955,000 | $165,000 | $2,158,000 |
| FHA-insured (Federal Housing Administration) | 163 | $45,665,000 | $280,000 | $1,055,000 | $92,000 | $405,000 |
| VA-guaranteed (Veterans Administration) | 40 | $13,350,000 | $333,000 | $685,000 | $100,000 | $225,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 20 | $5,230,000 | $261,000 | $365,000 | $79,000 | $115,000 |
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 | 361 | $124,605,000 | $345,000 | $3,055,000 | $141,000 | $2,158,000 |
| Application Denied By Financial Institution | 102 | $41,600,000 | $407,000 | $3,955,000 | $119,000 | $897,000 |
| Application Withdrawn By Applicant | 95 | $37,585,000 | $395,000 | $2,575,000 | $143,000 | $434,000 |
| File Closed For Incompleteness | 90 | $37,180,000 | $413,000 | $2,975,000 | $149,000 | $1,367,000 |
| Application Approved But Not Accepted | 1 | $195,000 | $195,000 | $195,000 | $49,000 | $49,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 547 | $199,565,000 | $364,000 | $3,055,000 | $143,000 | $2,158,000 |
| Debt-To-Income Ratio | 42 | $19,680,000 | $468,000 | $3,955,000 | $95,000 | $897,000 |
| Credit History | 23 | $8,365,000 | $363,000 | $1,505,000 | $137,000 | $710,000 |
| Collateral | 19 | $7,345,000 | $386,000 | $1,305,000 | $145,000 | $254,000 |
| Other | 8 | $3,480,000 | $435,000 | $1,055,000 | $156,000 | $288,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,850,000 | $308,000 | $665,000 | $110,000 | $208,000 |
| Credit Application Incomplete | 2 | $450,000 | $225,000 | $275,000 | $60,000 | $73,000 |
| Employment History | 1 | $205,000 | $205,000 | $205,000 | $0 | $0 |
| Unverifiable Information | 1 | $225,000 | $225,000 | $225,000 | $184,000 | $184,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Severn Savings Bank, Fsb Dba Severn Bank's 2018 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 Severn Savings Bank, Fsb Dba Severn 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.