Tower
Mortgage Loan Application
Totals and Details
for 2016
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 | 1,623 |
| Total Mortgage Loan Application Amount | $414,735,000 |
| Average Mortgage Loan Application Amount | $210,333 |
| Highest Mortgage Loan Application Amount | $834,000 |
| Average Applicant Income | $127,666 |
| Highest Applicant Income | $529,000 |
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 | 521 | $ 134,019,000 | $ 257,000 | $ 124,000 |
| Howard County Maryland | 242 | $ 70,284,000 | $ 290,000 | $ 147,000 |
| Baltimore County Maryland | 138 | $ 29,550,000 | $ 214,000 | $ 105,000 |
| Prince George's County Maryland | 113 | $ 27,034,000 | $ 239,000 | $ 113,000 |
| Carroll County Maryland | 97 | $ 27,892,000 | $ 287,000 | $ 133,000 |
| Baltimore City County Maryland | 61 | $ 12,331,000 | $ 202,000 | $ 104,000 |
| Montgomery County Maryland | 47 | $ 15,785,000 | $ 335,000 | $ 159,000 |
| Harford County Maryland | 27 | $ 7,672,000 | $ 284,000 | $ 150,000 |
| Frederick County Maryland | 24 | $ 7,096,000 | $ 295,000 | $ 133,000 |
| Sussex County Delaware | 16 | $ 3,430,000 | $ 214,000 | $ 162,000 |
| York County Pennsylvania | 13 | $ 2,359,000 | $ 181,000 | $ 124,000 |
| Queen Anne's County Maryland | 12 | $ 3,322,000 | $ 276,000 | $ 113,000 |
| Fairfax County Virginia | 11 | $ 3,924,000 | $ 356,000 | $ 159,000 |
| Loudoun County Virginia | 9 | $ 3,143,000 | $ 349,000 | $ 193,000 |
| Caroline County Maryland | 8 | $ 1,745,000 | $ 218,000 | $ 99,000 |
| Worcester County Maryland | 8 | $ 996,000 | $ 124,000 | $ 139,000 |
| Adams County Pennsylvania | 8 | $ 1,560,000 | $ 195,000 | $ 133,000 |
| Bexar County Texas | 8 | $ 1,279,000 | $ 159,000 | $ 127,000 |
| Columbia County Georgia | 7 | $ 1,871,000 | $ 267,000 | $ 153,000 |
| Wake County North Carolina | 7 | $ 1,301,000 | $ 185,000 | $ 130,000 |
| Horry County South Carolina | 7 | $ 1,338,000 | $ 191,000 | $ 109,000 |
| Prince William County Virginia | 7 | $ 2,237,000 | $ 319,000 | $ 89,000 |
| Douglas County Colorado | 5 | $ 1,064,000 | $ 212,000 | $ 203,000 |
| Manatee County Florida | 5 | $ 1,271,000 | $ 254,000 | $ 100,000 |
| Calvert County Maryland | 5 | $ 1,351,000 | $ 270,000 | $ 164,000 |
| Culpeper County Virginia | 5 | $ 1,529,000 | $ 305,000 | $ 65,000 |
| Jefferson County West Virginia | 5 | $ 754,000 | $ 150,000 | $ 163,000 |
| District of Columbia County District Of Columbia | 4 | $ 1,275,000 | $ 318,000 | $ 132,000 |
| Charles County Maryland | 4 | $ 717,000 | $ 179,000 | $ 113,000 |
| Talbot County Maryland | 4 | $ 974,000 | $ 243,000 | $ 106,000 |
| Washington County Maryland | 4 | $ 858,000 | $ 214,000 | $ 113,000 |
| Wicomico County Maryland | 4 | $ 952,000 | $ 238,000 | $ 139,000 |
| Frederick County Virginia | 4 | $ 895,000 | $ 223,000 | $ 105,000 |
| Stafford County Virginia | 4 | $ 987,000 | $ 246,000 | $ 127,000 |
| Los Angeles County California | 3 | $ 1,690,000 | $ 563,000 | $ 200,000 |
| Denver County Colorado | 3 | $ 1,202,000 | $ 400,000 | $ 204,000 |
| Hillsborough County Florida | 3 | $ 591,000 | $ 197,000 | $ 86,000 |
| Pinellas County Florida | 3 | $ 708,000 | $ 236,000 | $ 105,000 |
| Will County Illinois | 3 | $ 180,000 | $ 60,000 | $ 176,000 |
| Cecil County Maryland | 3 | $ 912,000 | $ 304,000 | $ 113,000 |
| Dorchester County Maryland | 3 | $ 539,000 | $ 179,000 | $ 110,000 |
| Garrett County Maryland | 3 | $ 445,000 | $ 148,000 | $ 73,000 |
| Brunswick County North Carolina | 3 | $ 817,000 | $ 272,000 | $ 122,000 |
| Delaware County Pennsylvania | 3 | $ 532,000 | $ 177,000 | $ 161,000 |
| Berkeley County West Virginia | 3 | $ 715,000 | $ 238,000 | $ 66,000 |
| Anchorage County Alaska | 2 | $ 386,000 | $ 193,000 | $ 171,000 |
| Maricopa County Arizona | 2 | $ 806,000 | $ 403,000 | $ 134,000 |
| Orange County California | 2 | $ 1,076,000 | $ 538,000 | $ 119,000 |
| Arapahoe County Colorado | 2 | $ 656,000 | $ 328,000 | $ 207,000 |
| Charlotte County Florida | 2 | $ 481,000 | $ 240,000 | $ 119,000 |
| Lake County Florida | 2 | $ 488,000 | $ 244,000 | $ 112,000 |
| Lee County Florida | 2 | $ 450,000 | $ 225,000 | $ 162,000 |
| Orange County Florida | 2 | $ 247,000 | $ 123,000 | $ 98,000 |
| Palm Beach County Florida | 2 | $ 637,000 | $ 318,000 | $ 242,000 |
| Polk County Florida | 2 | $ 213,000 | $ 106,000 | $ 204,000 |
| Sarasota County Florida | 2 | $ 432,000 | $ 216,000 | $ 84,000 |
| Seminole County Florida | 2 | $ 212,000 | $ 106,000 | $ 77,000 |
| DeKalb County Georgia | 2 | $ 892,000 | $ 446,000 | $ 155,000 |
| Fayette County Georgia | 2 | $ 475,000 | $ 237,000 | $ 103,000 |
| Oldham County Kentucky | 2 | $ 584,000 | $ 292,000 | $ 120,000 |
| St. Mary's County Maryland | 2 | $ 460,000 | $ 230,000 | $ 68,000 |
| Wayne County Michigan | 2 | $ 170,000 | $ 85,000 | $ 130,000 |
| St. Louis County Missouri | 2 | $ 225,000 | $ 112,000 | $ 70,000 |
| Mecklenburg County North Carolina | 2 | $ 210,000 | $ 105,000 | $ 99,000 |
| Franklin County Ohio | 2 | $ 377,000 | $ 188,000 | $ 112,000 |
| Lancaster County Pennsylvania | 2 | $ 357,000 | $ 178,000 | $ 101,000 |
| Richland County South Carolina | 2 | $ 658,000 | $ 329,000 | $ 82,000 |
| Collin County Texas | 2 | $ 407,000 | $ 203,000 | $ 161,000 |
| Williamson County Texas | 2 | $ 430,000 | $ 215,000 | $ 146,000 |
| Utah County Utah | 2 | $ 284,000 | $ 142,000 | $ 61,000 |
| Accomack County Virginia | 2 | $ 336,000 | $ 168,000 | $ 149,000 |
| Albemarle County Virginia | 2 | $ 383,000 | $ 191,000 | $ 184,000 |
| Arlington County Virginia | 2 | $ 1,074,000 | $ 537,000 | $ 175,000 |
| Bedford County Virginia | 2 | $ 520,000 | $ 260,000 | $ 164,000 |
| Clarke County Virginia | 2 | $ 482,000 | $ 241,000 | $ 90,000 |
| Westmoreland County Virginia | 2 | $ 518,000 | $ 259,000 | $ 167,000 |
| King County Washington | 2 | $ 444,000 | $ 222,000 | $ 68,000 |
| Franklin County Alabama | 1 | $ 140,000 | $ 140,000 | $ 175,000 |
| Matanuska-Susitna County Alaska | 1 | $ 30,000 | $ 30,000 | $ 113,000 |
| Alameda County California | 1 | $ 465,000 | $ 465,000 | $ 137,000 |
| San Bernardino County California | 1 | $ 150,000 | $ 150,000 | $ 154,000 |
| Santa Clara County California | 1 | $ 370,000 | $ 370,000 | $ 258,000 |
| Ventura County California | 1 | $ 150,000 | $ 150,000 | $ 46,000 |
| Adams County Colorado | 1 | $ 200,000 | $ 200,000 | $ 111,000 |
| El Paso County Colorado | 1 | $ 281,000 | $ 281,000 | $ 65,000 |
| Elbert County Colorado | 1 | $ 340,000 | $ 340,000 | $ 129,000 |
| Jefferson County Colorado | 1 | $ 360,000 | $ 360,000 | $ 137,000 |
| Summit County Colorado | 1 | $ 244,000 | $ 244,000 | $ 141,000 |
| Weld County Colorado | 1 | $ 162,000 | $ 162,000 | $ 35,000 |
| New Castle County Delaware | 1 | $ 364,000 | $ 364,000 | $ 426,000 |
| Broward County Florida | 1 | $ 333,000 | $ 333,000 | $ 272,000 |
| Collier County Florida | 1 | $ 250,000 | $ 250,000 | $ 101,000 |
| Marion County Florida | 1 | $ 94,000 | $ 94,000 | $ 102,000 |
| Okaloosa County Florida | 1 | $ 414,000 | $ 414,000 | $ 106,000 |
| Santa Rosa County Florida | 1 | $ 252,000 | $ 252,000 | $ 158,000 |
| St. Johns County Florida | 1 | $ 376,000 | $ 376,000 | $ 387,000 |
| Sumter County Florida | 1 | $ 375,000 | $ 375,000 | $ 153,000 |
| Walton County Florida | 1 | $ 153,000 | $ 153,000 | $ 114,000 |
| Chatham County Georgia | 1 | $ 327,000 | $ 327,000 | $ 94,000 |
| Forsyth County Georgia | 1 | $ 142,000 | $ 142,000 | $ 110,000 |
| Floyd County Indiana | 1 | $ 122,000 | $ 122,000 | $ 91,000 |
| LaPorte County Indiana | 1 | $ 119,000 | $ 119,000 | $ 44,000 |
| Polk County Iowa | 1 | $ 15,000 | $ 15,000 | $ 74,000 |
| Scott County Iowa | 1 | $ 160,000 | $ 160,000 | $ 131,000 |
| Jefferson County Kentucky | 1 | $ 199,000 | $ 199,000 | $ 101,000 |
| Knox County Maine | 1 | $ 356,000 | $ 356,000 | $ 61,000 |
| Allegany County Maryland | 1 | $ 183,000 | $ 183,000 | $ 54,000 |
| Suffolk County Massachusetts | 1 | $ 280,000 | $ 280,000 | $ 199,000 |
| Douglas County Minnesota | 1 | $ 300,000 | $ 300,000 | $ 111,000 |
| Lancaster County Nebraska | 1 | $ 100,000 | $ 100,000 | $ 32,000 |
| Hillsborough County New Hampshire | 1 | $ 23,000 | $ 23,000 | $ 182,000 |
| Mercer County New Jersey | 1 | $ 184,000 | $ 184,000 | $ 119,000 |
| Onondaga County New York | 1 | $ 40,000 | $ 40,000 | $ 346,000 |
| Rockland County New York | 1 | $ 385,000 | $ 385,000 | $ 213,000 |
| Buncombe County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 85,000 |
| Cumberland County North Carolina | 1 | $ 78,000 | $ 78,000 | $ 165,000 |
| Duplin County North Carolina | 1 | $ 233,000 | $ 233,000 | $ 111,000 |
| Durham County North Carolina | 1 | $ 447,000 | $ 447,000 | $ 412,000 |
| Lenoir County North Carolina | 1 | $ 151,000 | $ 151,000 | $ 172,000 |
| New Hanover County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 102,000 |
| Butler County Ohio | 1 | $ 199,000 | $ 199,000 | $ 71,000 |
| Mahoning County Ohio | 1 | $ 155,000 | $ 155,000 | $ 93,000 |
| Payne County Oklahoma | 1 | $ 14,000 | $ 14,000 | $ 96,000 |
| Pottawatomie County Oklahoma | 1 | $ 260,000 | $ 260,000 | $ 112,000 |
| Cambria County Pennsylvania | 1 | $ 144,000 | $ 144,000 | $ 36,000 |
| Carbon County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 113,000 |
| Cumberland County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 102,000 |
| Franklin County Pennsylvania | 1 | $ 39,000 | $ 39,000 | $ 129,000 |
| Fulton County Pennsylvania | 1 | $ 87,000 | $ 87,000 | $ 102,000 |
| Mifflin County Pennsylvania | 1 | $ 89,000 | $ 89,000 | $ 47,000 |
| Monroe County Pennsylvania | 1 | $ 51,000 | $ 51,000 | $ 24,000 |
| Northampton County Pennsylvania | 1 | $ 380,000 | $ 380,000 | $ 128,000 |
| Perry County Pennsylvania | 1 | $ 289,000 | $ 289,000 | $ 242,000 |
| Tioga County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 150,000 |
| Dorchester County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 60,000 |
| Greenville County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 115,000 |
| Newberry County South Carolina | 1 | $ 256,000 | $ 256,000 | $ 106,000 |
| Pickens County South Carolina | 1 | $ 130,000 | $ 130,000 | $ 91,000 |
| Sumter County South Carolina | 1 | $ 18,000 | $ 18,000 | $ 34,000 |
| Greene County Tennessee | 1 | $ 400,000 | $ 400,000 | $ 207,000 |
| Shelby County Tennessee | 1 | $ 307,000 | $ 307,000 | $ 112,000 |
| Dallas County Texas | 1 | $ 412,000 | $ 412,000 | $ 155,000 |
| Denton County Texas | 1 | $ 520,000 | $ 520,000 | $ 385,000 |
| Fort Bend County Texas | 1 | $ 356,000 | $ 356,000 | $ 155,000 |
| Harris County Texas | 1 | $ 130,000 | $ 130,000 | $ 46,000 |
| Salt Lake County Utah | 1 | $ 179,000 | $ 179,000 | $ 141,000 |
| Chittenden County Vermont | 1 | $ 353,000 | $ 353,000 | $ 204,000 |
| Alexandria County Virginia | 1 | $ 615,000 | $ 615,000 | $ 228,000 |
| Franklin County Virginia | 1 | $ 128,000 | $ 128,000 | $ 62,000 |
| Montgomery County Virginia | 1 | $ 263,000 | $ 263,000 | $ 75,000 |
| Spotsylvania County Virginia | 1 | $ 19,000 | $ 19,000 | $ 7,000 |
| Kitsap County Washington | 1 | $ 368,000 | $ 368,000 | $ 145,000 |
| Skagit County Washington | 1 | $ 96,000 | $ 96,000 | $ 34,000 |
| Hampshire County West Virginia | 1 | $ 140,000 | $ 140,000 | $ 148,000 |
| Harrison County West Virginia | 1 | $ 70,000 | $ 70,000 | $ 75,000 |
| Raleigh County West Virginia | 1 | $ 144,000 | $ 144,000 | $ 101,000 |
| Taylor County West Virginia | 1 | $ 178,000 | $ 178,000 | $ 67,000 |
| Dane County Wisconsin | 1 | $ 300,000 | $ 300,000 | $ 121,000 |
| Washington County Wisconsin | 1 | $ 523,000 | $ 523,000 | $ 225,000 |
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 2016
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 | 868 | $223,400,000 | $257,000 | $834,000 | $137,000 | $529,000 |
| Home Purchase | 680 | $183,430,000 | $269,000 | $725,000 | $117,000 | $438,000 |
| Home Improvement | 75 | $7,905,000 | $105,000 | $600,000 | $129,000 | $296,000 |
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 | 923 | $235,371,000 | $255,000 | $834,000 | $128,000 | $529,000 |
| Not Provided | 443 | $112,387,000 | $253,000 | $725,000 | $137,000 | $430,000 |
| Black or African American | 159 | $40,829,000 | $256,000 | $672,000 | $112,000 | $417,000 |
| Asian | 45 | $12,997,000 | $288,000 | $646,000 | $134,000 | $447,000 |
| Hispanic | 34 | $8,800,000 | $258,000 | $676,000 | $101,000 | $236,000 |
| American Indian or Alaskan Native | 13 | $2,819,000 | $216,000 | $476,000 | $111,000 | $255,000 |
| Native Hawaiin or Other Pacific Islander | 6 | $1,532,000 | $255,000 | $342,000 | $147,000 | $256,000 |
| 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) | 1,598 | $407,397,000 | $254,000 | $834,000 | $128,000 | $529,000 |
| VA-guaranteed (Veterans Administration) | 25 | $7,338,000 | $293,000 | $510,000 | $136,000 | $252,000 |
| 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 | 889 | $230,175,000 | $258,000 | $834,000 | $135,000 | $447,000 |
| Application Withdrawn By Applicant | 301 | $75,560,000 | $251,000 | $680,000 | $125,000 | $529,000 |
| Application Denied By Financial Institution | 257 | $60,334,000 | $234,000 | $679,000 | $107,000 | $438,000 |
| File Closed For Incompleteness | 169 | $46,663,000 | $276,000 | $725,000 | $129,000 | $368,000 |
| Application Approved But Not Accepted | 7 | $2,003,000 | $286,000 | $420,000 | $149,000 | $242,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 99 | $21,741,000 | $219,000 | $672,000 | $114,000 | $385,000 |
| Debt-To-Income Ratio | 73 | $18,005,000 | $246,000 | $679,000 | $75,000 | $273,000 |
| Collateral | 39 | $10,035,000 | $257,000 | $630,000 | $138,000 | $417,000 |
| Other | 28 | $6,483,000 | $231,000 | $549,000 | $119,000 | $438,000 |
| Employment History | 6 | $2,083,000 | $347,000 | $645,000 | $128,000 | $254,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,039,000 | $173,000 | $260,000 | $81,000 | $130,000 |
| Unverifiable Information | 3 | $583,000 | $194,000 | $260,000 | $189,000 | $222,000 |
| Mortgage Insurance Denied | 1 | $35,000 | $35,000 | $35,000 | $94,000 | $94,000 |
| Credit Application Incomplete | 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.