Tower
Mortgage Loan Application
Totals and Details
for 2014
Find mortgage loan statistics, lending data, and loan application totals for Maryland.
The mortgage statistics and data below are specific to mortgage loan applications for Tower.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Tower 7901 Sandy Spring Road Laurel, MD 20707 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 856 |
| Total Mortgage Loan Application Amount | $186,983,000 |
| Average Mortgage Loan Application Amount | $186,666 |
| Highest Mortgage Loan Application Amount | $834,000 |
| Average Applicant Income | $129,666 |
| Highest Applicant Income | $792,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MD, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Anne Arundel County Maryland | 266 | $ 56,820,000 | $ 213,000 | $ 125,000 |
| Howard County Maryland | 140 | $ 38,127,000 | $ 272,000 | $ 152,000 |
| Baltimore County Maryland | 79 | $ 14,905,000 | $ 188,000 | $ 108,000 |
| Carroll County Maryland | 56 | $ 14,096,000 | $ 251,000 | $ 138,000 |
| Prince George's County Maryland | 47 | $ 10,932,000 | $ 232,000 | $ 130,000 |
| Baltimore City County Maryland | 26 | $ 4,849,000 | $ 186,000 | $ 96,000 |
| Montgomery County Maryland | 21 | $ 4,407,000 | $ 209,000 | $ 130,000 |
| Harford County Maryland | 16 | $ 2,697,000 | $ 168,000 | $ 122,000 |
| Sussex County Delaware | 11 | $ 2,228,000 | $ 202,000 | $ 114,000 |
| Queen Anne's County Maryland | 11 | $ 2,069,000 | $ 188,000 | $ 117,000 |
| Worcester County Maryland | 11 | $ 1,665,000 | $ 151,000 | $ 174,000 |
| York County Pennsylvania | 10 | $ 1,626,000 | $ 162,000 | $ 125,000 |
| Frederick County Maryland | 8 | $ 2,135,000 | $ 266,000 | $ 142,000 |
| Calvert County Maryland | 6 | $ 1,645,000 | $ 274,000 | $ 114,000 |
| Charles County Maryland | 6 | $ 1,672,000 | $ 278,000 | $ 106,000 |
| Loudoun County Virginia | 6 | $ 1,998,000 | $ 333,000 | $ 127,000 |
| Los Angeles County California | 3 | $ 1,879,000 | $ 626,000 | $ 138,000 |
| New Castle County Delaware | 3 | $ 351,000 | $ 117,000 | $ 146,000 |
| Orange County Florida | 3 | $ 412,000 | $ 137,000 | $ 96,000 |
| Columbia County Georgia | 3 | $ 573,000 | $ 191,000 | $ 102,000 |
| Caroline County Maryland | 3 | $ 366,000 | $ 122,000 | $ 120,000 |
| Talbot County Maryland | 3 | $ 809,000 | $ 269,000 | $ 143,000 |
| Adams County Pennsylvania | 3 | $ 689,000 | $ 229,000 | $ 175,000 |
| Fairfax County Virginia | 3 | $ 582,000 | $ 194,000 | $ 93,000 |
| Kent County Delaware | 2 | $ 308,000 | $ 154,000 | $ 76,000 |
| District of Columbia County District Of Columbia | 2 | $ 752,000 | $ 376,000 | $ 135,000 |
| Brevard County Florida | 2 | $ 93,000 | $ 46,000 | $ 76,000 |
| Lee County Florida | 2 | $ 413,000 | $ 206,000 | $ 76,000 |
| Marion County Florida | 2 | $ 112,000 | $ 56,000 | $ 87,000 |
| Osceola County Florida | 2 | $ 420,000 | $ 210,000 | $ 159,000 |
| Volusia County Florida | 2 | $ 278,000 | $ 139,000 | $ 130,000 |
| Dorchester County Maryland | 2 | $ 415,000 | $ 207,000 | $ 145,000 |
| Worcester County Massachusetts | 2 | $ 238,000 | $ 119,000 | $ 78,000 |
| Bernalillo County New Mexico | 2 | $ 681,000 | $ 340,000 | $ 213,000 |
| Wake County North Carolina | 2 | $ 211,000 | $ 105,000 | $ 103,000 |
| Cumberland County Pennsylvania | 2 | $ 119,000 | $ 59,000 | $ 74,000 |
| Westmoreland County Pennsylvania | 2 | $ 131,000 | $ 65,000 | $ 107,000 |
| Horry County South Carolina | 2 | $ 336,000 | $ 168,000 | $ 117,000 |
| Tarrant County Texas | 2 | $ 269,000 | $ 134,000 | $ 73,000 |
| Utah County Utah | 2 | $ 450,000 | $ 225,000 | $ 102,000 |
| Arlington County Virginia | 2 | $ 438,000 | $ 219,000 | $ 168,000 |
| Essex County Virginia | 2 | $ 214,000 | $ 107,000 | $ 76,000 |
| Rockingham County Virginia | 2 | $ 324,000 | $ 162,000 | $ 203,000 |
| Baldwin County Alabama | 1 | $ 168,000 | $ 168,000 | $ 77,000 |
| Madison County Alabama | 1 | $ 243,000 | $ 243,000 | $ 52,000 |
| Yavapai County Arizona | 1 | $ 45,000 | $ 45,000 | $ 117,000 |
| El Dorado County California | 1 | $ 492,000 | $ 492,000 | $ 312,000 |
| Douglas County Colorado | 1 | $ 203,000 | $ 203,000 | $ 87,000 |
| Bay County Florida | 1 | $ 61,000 | $ 61,000 | $ 120,000 |
| Collier County Florida | 1 | $ 190,000 | $ 190,000 | $ 91,000 |
| Flagler County Florida | 1 | $ 159,000 | $ 159,000 | $ 123,000 |
| Highlands County Florida | 1 | $ 48,000 | $ 48,000 | $ 53,000 |
| Lake County Florida | 1 | $ 128,000 | $ 128,000 | $ 131,000 |
| Leon County Florida | 1 | $ 65,000 | $ 65,000 | $ 55,000 |
| Pinellas County Florida | 1 | $ 134,000 | $ 134,000 | $ 71,000 |
| Sarasota County Florida | 1 | $ 285,000 | $ 285,000 | $ 191,000 |
| Seminole County Florida | 1 | $ 139,000 | $ 139,000 | $ 96,000 |
| Sumter County Florida | 1 | $ 24,000 | $ 24,000 | $ 170,000 |
| DeKalb County Georgia | 1 | $ 360,000 | $ 360,000 | $ 94,000 |
| Fulton County Georgia | 1 | $ 270,000 | $ 270,000 | $ 127,000 |
| Union County Georgia | 1 | $ 205,000 | $ 205,000 | $ 84,000 |
| Will County Illinois | 1 | $ 183,000 | $ 183,000 | $ 115,000 |
| Penobscot County Maine | 1 | $ 174,000 | $ 174,000 | $ 214,000 |
| Cecil County Maryland | 1 | $ 260,000 | $ 260,000 | $ 158,000 |
| Washington County Maryland | 1 | $ 200,000 | $ 200,000 | $ 200,000 |
| Berkshire County Massachusetts | 1 | $ 129,000 | $ 129,000 | $ 186,000 |
| Grand Traverse County Michigan | 1 | $ 205,000 | $ 205,000 | $ 182,000 |
| Scott County Minnesota | 1 | $ 200,000 | $ 200,000 | $ 106,000 |
| Lee County Mississippi | 1 | $ 144,000 | $ 144,000 | $ 103,000 |
| Dent County Missouri | 1 | $ 50,000 | $ 50,000 | $ 80,000 |
| Lancaster County Nebraska | 1 | $ 99,000 | $ 99,000 | $ 36,000 |
| Taos County New Mexico | 1 | $ 296,000 | $ 296,000 | $ 98,000 |
| Jefferson County New York | 1 | $ 154,000 | $ 154,000 | $ 120,000 |
| Guilford County North Carolina | 1 | $ 38,000 | $ 38,000 | $ 55,000 |
| Johnston County North Carolina | 1 | $ 196,000 | $ 196,000 | $ 129,000 |
| Onslow County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 44,000 |
| Pender County North Carolina | 1 | $ 598,000 | $ 598,000 | $ 146,000 |
| Union County North Carolina | 1 | $ 184,000 | $ 184,000 | $ 99,000 |
| Wilkes County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 188,000 |
| Morton County North Dakota | 1 | $ 25,000 | $ 25,000 | $ 32,000 |
| Hamilton County Ohio | 1 | $ 258,000 | $ 258,000 | $ 111,000 |
| Morrow County Ohio | 1 | $ 52,000 | $ 52,000 | $ 66,000 |
| Stark County Ohio | 1 | $ 119,000 | $ 119,000 | $ 63,000 |
| Summit County Ohio | 1 | $ 340,000 | $ 340,000 | $ 292,000 |
| Trumbull County Ohio | 1 | $ 30,000 | $ 30,000 | $ 67,000 |
| Tulsa County Oklahoma | 1 | $ 168,000 | $ 168,000 | $ 60,000 |
| Chester County Pennsylvania | 1 | $ 241,000 | $ 241,000 | $ 236,000 |
| Clearfield County Pennsylvania | 1 | $ 192,000 | $ 192,000 | $ 281,000 |
| Washington County Rhode Island | 1 | $ 342,000 | $ 342,000 | $ 151,000 |
| Beaufort County South Carolina | 1 | $ 415,000 | $ 415,000 | $ 365,000 |
| Charleston County South Carolina | 1 | $ 34,000 | $ 34,000 | $ 136,000 |
| Greenville County South Carolina | 1 | $ 112,000 | $ 112,000 | $ 85,000 |
| Lancaster County South Carolina | 1 | $ 257,000 | $ 257,000 | $ 176,000 |
| Newberry County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 104,000 |
| Oconee County South Carolina | 1 | $ 400,000 | $ 400,000 | $ 96,000 |
| Hamilton County Tennessee | 1 | $ 166,000 | $ 166,000 | $ 117,000 |
| Weakley County Tennessee | 1 | $ 161,000 | $ 161,000 | $ 93,000 |
| Williamson County Tennessee | 1 | $ 228,000 | $ 228,000 | $ 88,000 |
| Collin County Texas | 1 | $ 264,000 | $ 264,000 | $ 96,000 |
| Comal County Texas | 1 | $ 229,000 | $ 229,000 | $ 79,000 |
| Gregg County Texas | 1 | $ 286,000 | $ 286,000 | $ 227,000 |
| Jack County Texas | 1 | $ 40,000 | $ 40,000 | $ 70,000 |
| Travis County Texas | 1 | $ 110,000 | $ 110,000 | $ 165,000 |
| Accomack County Virginia | 1 | $ 115,000 | $ 115,000 | $ 150,000 |
| Caroline County Virginia | 1 | $ 180,000 | $ 180,000 | $ 97,000 |
| Fauquier County Virginia | 1 | $ 213,000 | $ 213,000 | $ 162,000 |
| Norfolk County Virginia | 1 | $ 67,000 | $ 67,000 | $ 85,000 |
| Nottoway County Virginia | 1 | $ 31,000 | $ 31,000 | $ 37,000 |
| Prince William County Virginia | 1 | $ 276,000 | $ 276,000 | $ 103,000 |
| Richmond City County Virginia | 1 | $ 218,000 | $ 218,000 | $ 143,000 |
| Roanoke County Virginia | 1 | $ 93,000 | $ 93,000 | $ 131,000 |
| Skagit County Washington | 1 | $ 184,000 | $ 184,000 | $ 132,000 |
| Berkeley County West Virginia | 1 | $ 190,000 | $ 190,000 | $ 99,000 |
| Hampshire County West Virginia | 1 | $ 49,000 | $ 49,000 | $ 59,000 |
| Hardy County West Virginia | 1 | $ 105,000 | $ 105,000 | $ 100,000 |
| Milwaukee County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 130,000 |
| Waukesha County Wisconsin | 1 | $ 190,000 | $ 190,000 | $ 118,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Maryland,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Tower in 2014
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 | 461 | $105,912,000 | $229,000 | $834,000 | $130,000 | $384,000 |
| Home Purchase | 293 | $72,360,000 | $246,000 | $711,000 | $123,000 | $792,000 |
| Home Improvement | 102 | $8,711,000 | $85,000 | $417,000 | $136,000 | $373,000 |
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 | 463 | $98,446,000 | $212,000 | $600,000 | $126,000 | $792,000 |
| Not Provided | 302 | $67,621,000 | $223,000 | $834,000 | $132,000 | $532,000 |
| Black or African American | 70 | $15,982,000 | $228,000 | $635,000 | $119,000 | $311,000 |
| Hispanic | 10 | $1,878,000 | $187,000 | $360,000 | $129,000 | $213,000 |
| Asian | 9 | $2,611,000 | $290,000 | $700,000 | $132,000 | $367,000 |
| American Indian or Alaskan Native | 1 | $95,000 | $95,000 | $95,000 | $131,000 | $131,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $350,000 | $350,000 | $350,000 | $98,000 | $98,000 |
| Not applicable | 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) | 845 | $183,902,000 | $217,000 | $834,000 | $128,000 | $792,000 |
| VA-guaranteed (Veterans Administration) | 11 | $3,081,000 | $280,000 | $417,000 | $115,000 | $160,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 525 | $111,062,000 | $211,000 | $700,000 | $132,000 | $532,000 |
| Application Withdrawn By Applicant | 306 | $72,516,000 | $236,000 | $834,000 | $123,000 | $792,000 |
| Application Denied By Financial Institution | 24 | $3,225,000 | $134,000 | $540,000 | $93,000 | $253,000 |
| File Closed For Incompleteness | 1 | $180,000 | $180,000 | $180,000 | $87,000 | $87,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 9 | $1,653,000 | $183,000 | $386,000 | $71,000 | $175,000 |
| Credit History | 8 | $949,000 | $118,000 | $540,000 | $79,000 | $193,000 |
| Mortgage Insurance Denied | 3 | $351,000 | $117,000 | $276,000 | $150,000 | $253,000 |
| Collateral | 2 | $157,000 | $78,000 | $105,000 | $75,000 | $100,000 |
| Other | 1 | $40,000 | $40,000 | $40,000 | $208,000 | $208,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MD, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Maryland, and search similar information at your convenience.