Sandy Spring Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007

Sandy Spring Bank 2007 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 1,642
Total Mortgage Loan Application Amount $600,434,000
Average Mortgage Loan Application Amount $308,666
Highest Mortgage Loan Application Amount $3,360,000
Average Applicant Income $150,000
Highest Applicant Income $2,400,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2007 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 2007 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 2007.

Mortgage Loan Application Totals for Sandy Spring Bank by County in 2007

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 449 $ 153,269,000 $ 341,000 $ 149,000
Howard County Maryland 185 $ 84,664,000 $ 457,000 $ 177,000
Anne Arundel County Maryland 157 $ 58,719,000 $ 374,000 $ 138,000
Frederick County Maryland 146 $ 46,505,000 $ 318,000 $ 125,000
Prince George's County Maryland 78 $ 24,980,000 $ 320,000 $ 105,000
District of Columbia County District Of Columbia 67 $ 25,136,000 $ 375,000 $ 124,000
Carroll County Maryland 65 $ 17,074,000 $ 262,000 $ 106,000
Fairfax County Virginia 61 $ 38,619,000 $ 633,000 $ 271,000
Baltimore County Maryland 52 $ 18,251,000 $ 350,000 $ 252,000
Sussex County Delaware 40 $ 22,177,000 $ 554,000 $ 269,000
Baltimore City County Maryland 28 $ 4,981,000 $ 177,000 $ 179,000
Washington County Maryland 28 $ 6,756,000 $ 241,000 $ 97,000
Worcester County Maryland 20 $ 7,000,000 $ 350,000 $ 252,000
Loudoun County Virginia 19 $ 7,210,000 $ 379,000 $ 132,000
Calvert County Maryland 17 $ 5,729,000 $ 337,000 $ 119,000
Queen Anne's County Maryland 17 $ 10,128,000 $ 595,000 $ 179,000
Harford County Maryland 16 $ 4,814,000 $ 300,000 $ 140,000
Garrett County Maryland 15 $ 5,415,000 $ 361,000 $ 177,000
Prince William County Virginia 15 $ 6,206,000 $ 413,000 $ 144,000
Charles County Maryland 9 $ 2,718,000 $ 302,000 $ 124,000
York County Pennsylvania 9 $ 2,798,000 $ 310,000 $ 86,000
Talbot County Maryland 8 $ 3,830,000 $ 478,000 $ 119,000
Arlington County Virginia 7 $ 3,997,000 $ 571,000 $ 122,000
Adams County Pennsylvania 6 $ 1,450,000 $ 241,000 $ 77,000
Dorchester County Maryland 5 $ 846,000 $ 169,000 $ 168,000
St. Mary's County Maryland 5 $ 1,562,000 $ 312,000 $ 100,000
Culpeper County Virginia 5 $ 1,554,000 $ 310,000 $ 109,000
Fauquier County Virginia 5 $ 1,822,000 $ 364,000 $ 102,000
Caroline County Maryland 4 $ 1,150,000 $ 287,000 $ 125,000
Wicomico County Maryland 4 $ 1,235,000 $ 308,000 $ 661,000
Franklin County Pennsylvania 4 $ 800,000 $ 200,000 $ 78,000
Alexandria County Virginia 4 $ 2,141,000 $ 535,000 $ 243,000
Fairfax City County Virginia 4 $ 815,000 $ 203,000 $ 139,000
Louisa County Virginia 4 $ 1,111,000 $ 277,000 $ 172,000
Orange County Virginia 4 $ 1,366,000 $ 341,000 $ 95,000
Stafford County Virginia 4 $ 1,127,000 $ 281,000 $ 77,000
Mecklenburg County North Carolina 3 $ 390,000 $ 130,000 $ 113,000
Richland County South Carolina 3 $ 832,000 $ 277,000 $ 318,000
Falls Church County Virginia 3 $ 2,618,000 $ 872,000 $ 296,000
Henrico County Virginia 3 $ 734,000 $ 244,000 $ 40,000
Spotsylvania County Virginia 3 $ 1,365,000 $ 455,000 $ 117,000
Berkeley County West Virginia 3 $ 992,000 $ 330,000 $ 125,000
Jefferson County West Virginia 3 $ 788,000 $ 262,000 $ 65,000
Kent County Delaware 2 $ 427,000 $ 213,000 $ 190,000
Lee County Florida 2 $ 631,000 $ 315,000 $ 512,000
Palm Beach County Florida 2 $ 409,000 $ 204,000 $ 105,000
Somerset County Maryland 2 $ 426,000 $ 213,000 $ 138,000
Currituck County North Carolina 2 $ 483,000 $ 241,000 $ 105,000
Huntingdon County Pennsylvania 2 $ 180,000 $ 90,000 $ 29,000
Georgetown County South Carolina 2 $ 290,000 $ 145,000 $ 65,000
Horry County South Carolina 2 $ 415,000 $ 207,000 $ 55,000
Clarke County Virginia 2 $ 741,000 $ 370,000 $ 124,000
Frederick County Virginia 2 $ 232,000 $ 116,000 $ 51,000
Nelson County Virginia 2 $ 473,000 $ 236,000 $ 400,000
Richmond City County Virginia 2 $ 298,000 $ 149,000 $ 25,000
Shenandoah County Virginia 2 $ 435,000 $ 217,000 $ 96,000
Warren County Virginia 2 $ 658,000 $ 329,000 $ 78,000
Hampshire County West Virginia 2 $ 511,000 $ 255,000 $ 183,000
Preston County West Virginia 2 $ 303,000 $ 151,000 $ 59,000
Clay County Florida 1 $ 190,000 $ 190,000 $ 55,000
Hillsborough County Florida 1 $ 431,000 $ 431,000 $ 115,000
Pinellas County Florida 1 $ 228,000 $ 228,000 $ 87,000
Seminole County Florida 1 $ 195,000 $ 195,000 $ 178,000
Essex County New Jersey 1 $ 292,000 $ 292,000 $ 80,000
New York County New York 1 $ 1,650,000 $ 1,650,000 $ 350,000
Carteret County North Carolina 1 $ 195,000 $ 195,000 $ 144,000
Moore County North Carolina 1 $ 131,000 $ 131,000 $ 130,000
Rutherford County North Carolina 1 $ 70,000 $ 70,000 $ 119,000
Wake County North Carolina 1 $ 530,000 $ 530,000 $ 280,000
Allegheny County Pennsylvania 1 $ 118,000 $ 118,000 $ 84,000
Chester County Pennsylvania 1 $ 250,000 $ 250,000 $ 118,000
Albemarle County Virginia 1 $ 545,000 $ 545,000 $ 207,000
Alleghany County Virginia 1 $ 796,000 $ 796,000 $ 386,000
Bedford County Virginia 1 $ 312,000 $ 312,000 $ 72,000
Campbell County Virginia 1 $ 505,000 $ 505,000 $ 171,000
Charlottesville County Virginia 1 $ 235,000 $ 235,000 $ 179,000
Chesapeake County Virginia 1 $ 250,000 $ 250,000 $ 0
Chesterfield County Virginia 1 $ 200,000 $ 200,000 $ 119,000
Manassas Park County Virginia 1 $ 150,000 $ 150,000 $ 144,000
Mecklenburg County Virginia 1 $ 272,000 $ 272,000 $ 234,000
Fayette County West Virginia 1 $ 167,000 $ 167,000 $ 200,000
Monongalia County West Virginia 1 $ 136,000 $ 136,000 $ 654,000

Mortgage Loan Application Detail Totals for Sandy Spring Bank in 2007

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 822 $379,417,000 $461,000 $3,360,000 $166,000 $2,011,000
Refinancing 640 $190,622,000 $297,000 $2,000,000 $147,000 $2,400,000
Home Improvement 180 $30,395,000 $168,000 $1,100,000 $137,000 $608,000

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 1,081 $395,244,000 $365,000 $3,360,000 $162,000 $2,400,000
Not Provided 330 $123,619,000 $374,000 $2,550,000 $159,000 $2,394,000
Black or African American 136 $41,449,000 $304,000 $1,334,000 $120,000 $525,000
Hispanic 41 $12,831,000 $312,000 $1,694,000 $101,000 $336,000
Asian 40 $22,109,000 $552,000 $1,922,000 $169,000 $600,000
American Indian or Alaskan Native 8 $3,737,000 $467,000 $1,171,000 $80,000 $233,000
Native Hawaiian or Other Pacific Islander 3 $814,000 $271,000 $417,000 $104,000 $113,000
Not applicable 3 $631,000 $210,000 $360,000 $88,000 $264,000

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) 1,620 $595,330,000 $367,000 $3,360,000 $157,000 $2,400,000
FHA-insured (Federal Housing Administration) 22 $5,104,000 $232,000 $363,000 $80,000 $180,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 1,214 $451,828,000 $372,000 $3,360,000 $157,000 $2,000,000
Application Withdrawn By Applicant 222 $82,536,000 $371,000 $2,000,000 $160,000 $2,400,000
Application Denied By Financial Institution 82 $25,315,000 $308,000 $1,950,000 $119,000 $500,000
Application Approved But Not Accepted 71 $20,201,000 $284,000 $1,490,000 $186,000 $2,011,000
File Closed For Incompleteness 53 $20,554,000 $387,000 $1,600,000 $129,000 $492,000
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
Debt-To-Income Ratio 32 $7,694,000 $240,000 $1,192,000 $74,000 $184,000
Credit History 23 $5,232,000 $227,000 $998,000 $93,000 $214,000
Collateral 12 $7,073,000 $589,000 $1,950,000 $228,000 $483,000
Other 7 $2,930,000 $418,000 $920,000 $281,000 $500,000
Credit Application Incomplete 3 $1,027,000 $342,000 $675,000 $29,000 $87,000
Unverifiable Information 2 $273,000 $136,000 $158,000 $117,000 $140,000
Employment History 2 $331,000 $165,000 $260,000 $21,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 1 $755,000 $755,000 $755,000 $196,000 $196,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sandy Spring Bank's 2007 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.

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