The Washington Savings Bank Mortgage Lending & HMDA Data, 2005
In 2005, The Washington Savings Bank of Bowie, MD reported 2,146 mortgage applications totaling $502.5 million, down 9% from 2004. The average application was for $234,135, and applicants reported an average income of $90,549. 67% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Harrisburg-Carlisle, PA (343), Baltimore-Towson, MD (244) and Bethesda-Frederick-Gaithersburg, MD (222) (applications in parentheses).
| Mortgage Company & Address | The Washington Savings Bank 4201 Mitchellville Rd Suite 300 Bowie, MD 20716 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,146 |
| Total Mortgage Loan Application Amount | $502,455,000 |
| Average Mortgage Loan Application Amount | $234,135 |
| Highest Mortgage Loan Application Amount | $2,550,000 |
| Average Applicant Income | $90,549 |
| Highest Applicant Income | $2,457,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Washington Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Prince George's, Maryland | 234 | $ 47,094,000 | $ 201,256 | $ 81,000 |
| Montgomery, Maryland | 205 | $ 84,150,000 | $ 410,487 | $ 127,000 |
| Cumberland, Pennsylvania | 188 | $ 23,995,000 | $ 127,632 | $ 55,000 |
| Dauphin, Pennsylvania | 145 | $ 16,989,000 | $ 117,165 | $ 88,000 |
| Anne Arundel, Maryland | 143 | $ 36,603,000 | $ 255,965 | $ 75,000 |
| District of Columbia, District Of Columbia | 137 | $ 44,013,000 | $ 321,262 | $ 114,000 |
| Calvert, Maryland | 99 | $ 24,426,000 | $ 246,727 | $ 156,000 |
| Charles, Maryland | 51 | $ 11,206,000 | $ 219,725 | $ 75,000 |
| York, Pennsylvania | 47 | $ 6,717,000 | $ 142,914 | $ 80,000 |
| Baltimore City, Maryland | 45 | $ 7,496,000 | $ 166,577 | $ 71,000 |
| Jefferson, West Virginia | 40 | $ 7,004,000 | $ 175,100 | $ 78,000 |
| Fairfax, Virginia | 33 | $ 9,512,000 | $ 288,242 | $ 109,000 |
| Stafford, Virginia | 30 | $ 8,177,000 | $ 272,566 | $ 112,000 |
| Berkeley, West Virginia | 29 | $ 4,233,000 | $ 145,965 | $ 67,000 |
| Caroline, Virginia | 27 | $ 6,178,000 | $ 228,814 | $ 73,000 |
| Howard, Maryland | 26 | $ 6,916,000 | $ 266,000 | $ 111,000 |
| Spotsylvania, Virginia | 25 | $ 5,958,000 | $ 238,320 | $ 95,000 |
| Prince William, Virginia | 22 | $ 6,198,000 | $ 281,727 | $ 73,000 |
| Baltimore, Maryland | 17 | $ 2,892,000 | $ 170,117 | $ 84,000 |
| Frederick, Maryland | 17 | $ 5,108,000 | $ 300,470 | $ 111,000 |
| St. Mary's, Maryland | 13 | $ 2,988,000 | $ 229,846 | $ 108,000 |
| Lebanon, Pennsylvania | 12 | $ 1,383,000 | $ 115,250 | $ 71,000 |
| Louisa, Virginia | 12 | $ 3,000,000 | $ 250,000 | $ 106,000 |
| Sussex, Delaware | 10 | $ 2,633,000 | $ 263,300 | $ 285,000 |
| Perry, Pennsylvania | 10 | $ 1,112,000 | $ 111,200 | $ 62,000 |
| Orange, Virginia | 10 | $ 2,682,000 | $ 268,200 | $ 89,000 |
| Richmond City, Virginia | 9 | $ 1,581,000 | $ 175,666 | $ 104,000 |
| Arlington, Virginia | 8 | $ 3,743,000 | $ 467,875 | $ 164,000 |
| Northampton, Virginia | 8 | $ 3,863,000 | $ 482,875 | $ 0 |
| Washington, Maryland | 7 | $ 722,000 | $ 103,142 | $ 101,000 |
| Westmoreland, Virginia | 7 | $ 1,237,000 | $ 176,714 | $ 207,000 |
| Carroll, Maryland | 6 | $ 1,798,000 | $ 299,666 | $ 105,000 |
| Worcester, Maryland | 6 | $ 1,647,000 | $ 274,500 | $ 87,000 |
| Lancaster, Pennsylvania | 6 | $ 934,000 | $ 155,666 | $ 89,000 |
| Broward, Florida | 4 | $ 804,000 | $ 201,000 | $ 104,000 |
| Palm Beach, Florida | 4 | $ 1,969,000 | $ 492,250 | $ 602,000 |
| Harford, Maryland | 4 | $ 850,000 | $ 212,500 | $ 88,000 |
| Warren, Virginia | 4 | $ 773,000 | $ 193,250 | $ 66,000 |
| San Diego, California | 3 | $ 1,934,000 | $ 644,666 | $ 116,000 |
| Caroline, Maryland | 3 | $ 690,000 | $ 230,000 | $ 57,000 |
| Queen Anne's, Maryland | 3 | $ 484,000 | $ 161,333 | $ 156,000 |
| King George, Virginia | 3 | $ 740,000 | $ 246,666 | $ 78,000 |
| Montgomery, Virginia | 3 | $ 267,000 | $ 89,000 | $ 100,000 |
| Greenbrier, West Virginia | 3 | $ 1,312,000 | $ 437,333 | $ 169,000 |
| New London, Connecticut | 2 | $ 610,000 | $ 305,000 | $ 169,000 |
| Clay, Florida | 2 | $ 272,000 | $ 136,000 | $ 87,000 |
| Lee, Florida | 2 | $ 313,000 | $ 156,500 | $ 149,000 |
| Orange, Florida | 2 | $ 267,000 | $ 133,500 | $ 134,000 |
| Pinellas, Florida | 2 | $ 284,000 | $ 142,000 | $ 137,000 |
| Sarasota, Florida | 2 | $ 531,000 | $ 265,500 | $ 58,000 |
| Dorchester, Maryland | 2 | $ 533,000 | $ 266,500 | $ 183,000 |
| Clark, Nevada | 2 | $ 625,000 | $ 312,500 | $ 56,000 |
| Queens, New York | 2 | $ 535,000 | $ 267,500 | $ 155,000 |
| Westchester, New York | 2 | $ 331,000 | $ 165,500 | $ 91,000 |
| Onslow, North Carolina | 2 | $ 269,000 | $ 134,500 | $ 96,000 |
| Lake, Ohio | 2 | $ 304,000 | $ 152,000 | $ 87,000 |
| Warren, Ohio | 2 | $ 299,000 | $ 149,500 | $ 70,000 |
| Bucks, Pennsylvania | 2 | $ 284,000 | $ 142,000 | $ 83,000 |
| Montgomery, Pennsylvania | 2 | $ 162,000 | $ 81,000 | $ 51,000 |
| Northampton, Pennsylvania | 2 | $ 214,000 | $ 107,000 | $ 77,000 |
| Wayne, Pennsylvania | 2 | $ 195,000 | $ 97,500 | $ 54,000 |
| Horry, South Carolina | 2 | $ 499,000 | $ 249,500 | $ 131,000 |
| Richland, South Carolina | 2 | $ 305,000 | $ 152,500 | $ 106,000 |
| Chesterfield, Virginia | 2 | $ 833,000 | $ 416,500 | $ 108,000 |
| Loudoun, Virginia | 2 | $ 1,200,000 | $ 600,000 | $ 196,000 |
| Lynchburg, Virginia | 2 | $ 447,000 | $ 223,500 | $ 76,000 |
| Manassas, Virginia | 2 | $ 610,000 | $ 305,000 | $ 72,000 |
| Martinsville, Virginia | 2 | $ 102,000 | $ 51,000 | $ 15,000 |
| Norfolk, Virginia | 2 | $ 166,000 | $ 83,000 | $ 79,000 |
| Winchester, Virginia | 2 | $ 340,000 | $ 170,000 | $ 80,000 |
| Kanawha, West Virginia | 2 | $ 86,000 | $ 43,000 | $ 55,000 |
| Tucker, West Virginia | 2 | $ 577,000 | $ 288,500 | $ 105,000 |
| Pima, Arizona | 1 | $ 462,000 | $ 462,000 | $ 2,373,000 |
| Los Angeles, California | 1 | $ 770,000 | $ 770,000 | $ 369,000 |
| Ventura, California | 1 | $ 925,000 | $ 925,000 | $ 250,000 |
| Grand, Colorado | 1 | $ 406,000 | $ 406,000 | $ 600,000 |
| Charlotte, Florida | 1 | $ 47,000 | $ 47,000 | $ 100,000 |
| Cook, Illinois | 1 | $ 155,000 | $ 155,000 | $ 56,000 |
| Sagadahoc, Maine | 1 | $ 240,000 | $ 240,000 | $ 114,000 |
| Allegany, Maryland | 1 | $ 104,000 | $ 104,000 | $ 314,000 |
| Cecil, Maryland | 1 | $ 247,000 | $ 247,000 | $ 104,000 |
| Garrett, Maryland | 1 | $ 32,000 | $ 32,000 | $ 116,000 |
| Somerset, Maryland | 1 | $ 300,000 | $ 300,000 | $ 96,000 |
| Talbot, Maryland | 1 | $ 271,000 | $ 271,000 | $ 150,000 |
| Wicomico, Maryland | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Dukes, Massachusetts | 1 | $ 489,000 | $ 489,000 | $ 259,000 |
| Gallatin, Montana | 1 | $ 119,000 | $ 119,000 | $ 45,000 |
| Strafford, New Hampshire | 1 | $ 380,000 | $ 380,000 | $ 0 |
| Cumberland, New Jersey | 1 | $ 117,000 | $ 117,000 | $ 29,000 |
| Chatham, North Carolina | 1 | $ 170,000 | $ 170,000 | $ 68,000 |
| Craven, North Carolina | 1 | $ 206,000 | $ 206,000 | $ 37,000 |
| Dare, North Carolina | 1 | $ 238,000 | $ 238,000 | $ 323,000 |
| Guilford, North Carolina | 1 | $ 129,000 | $ 129,000 | $ 0 |
| Moore, North Carolina | 1 | $ 99,000 | $ 99,000 | $ 208,000 |
| Northampton, North Carolina | 1 | $ 310,000 | $ 310,000 | $ 151,000 |
| Transylvania, North Carolina | 1 | $ 148,000 | $ 148,000 | $ 102,000 |
| Cuyahoga, Ohio | 1 | $ 159,000 | $ 159,000 | $ 83,000 |
| Adams, Pennsylvania | 1 | $ 131,000 | $ 131,000 | $ 32,000 |
| Centre, Pennsylvania | 1 | $ 216,000 | $ 216,000 | $ 83,000 |
| Delaware, Pennsylvania | 1 | $ 42,000 | $ 42,000 | $ 60,000 |
| Franklin, Pennsylvania | 1 | $ 163,000 | $ 163,000 | $ 48,000 |
| Juniata, Pennsylvania | 1 | $ 71,000 | $ 71,000 | $ 30,000 |
| Pike, Pennsylvania | 1 | $ 216,000 | $ 216,000 | $ 67,000 |
| Schuylkill, Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 73,000 |
| Susquehanna, Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 44,000 |
| Beaufort, South Carolina | 1 | $ 576,000 | $ 576,000 | $ 322,000 |
| Charleston, South Carolina | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Collin, Texas | 1 | $ 476,000 | $ 476,000 | $ 179,000 |
| Accomack, Virginia | 1 | $ 125,000 | $ 125,000 | $ 94,000 |
| Albemarle, Virginia | 1 | $ 154,000 | $ 154,000 | $ 128,000 |
| Alexandria, Virginia | 1 | $ 200,000 | $ 200,000 | $ 54,000 |
| Culpeper, Virginia | 1 | $ 117,000 | $ 117,000 | $ 37,000 |
| Cumberland, Virginia | 1 | $ 98,000 | $ 98,000 | $ 33,000 |
| Essex, Virginia | 1 | $ 156,000 | $ 156,000 | $ 64,000 |
| Fairfax City, Virginia | 1 | $ 611,000 | $ 611,000 | $ 0 |
| Fauquier, Virginia | 1 | $ 171,000 | $ 171,000 | $ 99,000 |
| Franklin, Virginia | 1 | $ 188,000 | $ 188,000 | $ 73,000 |
| Hampton, Virginia | 1 | $ 100,000 | $ 100,000 | $ 80,000 |
| Hanover, Virginia | 1 | $ 220,000 | $ 220,000 | $ 208,000 |
| Henrico, Virginia | 1 | $ 232,000 | $ 232,000 | $ 204,000 |
| Newport News, Virginia | 1 | $ 96,000 | $ 96,000 | $ 124,000 |
| Northumberland, Virginia | 1 | $ 140,000 | $ 140,000 | $ 218,000 |
| Prince George, Virginia | 1 | $ 112,000 | $ 112,000 | $ 36,000 |
| Richmond, Virginia | 1 | $ 86,000 | $ 86,000 | $ 55,000 |
| Virginia Beach, Virginia | 1 | $ 273,000 | $ 273,000 | $ 106,000 |
| Hardy, West Virginia | 1 | $ 100,000 | $ 100,000 | $ 26,000 |
Mortgage Loan Application Detail Totals for The Washington Savings Bank in 2005
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 | 1,393 | $295,501,000 | $287,473 | $1,267,000 | $256,473 | $2,457,000 |
| Refinancing | 684 | $190,286,000 | $273,437 | $2,550,000 | $108,937 | $1,500,000 |
| Home Improvement | 69 | $16,668,000 | $176,200 | $1,200,000 | $91,400 | $292,000 |
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 | 1,414 | $335,822,000 | $282,181 | $2,550,000 | $227,409 | $2,457,000 |
| Black or African American | 489 | $106,810,000 | $206,250 | $1,267,000 | $98,750 | $508,000 |
| Hispanic | 98 | $21,974,000 | $223,000 | $650,000 | $96,857 | $328,000 |
| Not Provided | 66 | $16,112,000 | $364,875 | $1,000,000 | $179,000 | $600,000 |
| Asian | 56 | $14,588,000 | $327,833 | $1,200,000 | $86,333 | $292,000 |
| Not applicable | 20 | $6,692,000 | $417,333 | $1,120,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 2 | $436,000 | $218,000 | $234,000 | $95,000 | $97,000 |
| American Indian or Alaskan Native | 1 | $21,000 | $21,000 | $21,000 | $96,000 | $96,000 |
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) | 1,981 | $470,165,000 | $286,333 | $2,550,000 | $233,250 | $2,457,000 |
| FHA-insured (Federal Housing Administration) | 104 | $18,971,000 | $184,333 | $425,000 | $57,333 | $384,000 |
| VA-guaranteed (Veterans Administration) | 61 | $13,319,000 | $230,250 | $368,000 | $62,500 | $137,000 |
| 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 | 1,439 | $326,107,000 | $296,380 | $2,550,000 | $258,523 | $2,457,000 |
| Application Withdrawn By Applicant | 350 | $81,280,000 | $288,818 | $1,160,000 | $131,272 | $747,000 |
| Preapproval Approved but not Accepted | 100 | $27,106,000 | $271,000 | $1,121,000 | $73,000 | $384,000 |
| Application Denied By Financial Institution | 83 | $29,102,000 | $341,250 | $1,415,000 | $108,000 | $996,000 |
| Preapproval Denied by Financial Institution | 73 | $15,936,000 | $218,000 | $800,000 | $49,000 | $192,000 |
| Application Approved But Not Accepted | 67 | $14,855,000 | $224,444 | $650,000 | $82,444 | $327,000 |
| File Closed For Incompleteness | 34 | $8,069,000 | $234,000 | $416,000 | $87,500 | $1,200,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit Application Incomplete | 70 | $22,854,000 | $474,000 | $1,267,000 | $125,400 | $350,000 |
| Other | 28 | $10,137,000 | $327,166 | $1,415,000 | $99,500 | $355,000 |
| Credit History | 26 | $4,714,000 | $256,800 | $1,120,000 | $61,600 | $216,000 |
| Debt-To-Income Ratio | 14 | $3,034,000 | $202,000 | $634,000 | $43,750 | $114,000 |
| Collateral | 14 | $3,165,000 | $180,250 | $664,000 | $109,250 | $996,000 |
| Employment History | 4 | $1,134,000 | $283,500 | $581,000 | $41,250 | $136,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Washington Savings Bank's 2005 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 The Washington Savings 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