Lender profile · HMDA 2023–2025
Sandy Spring Bank mortgage approval rates & lending data
Sandy Spring Bank decided 3,785 mortgage applications and funded 3,032 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 1,490 / 1,629 | 99% | $445K | 1,478 |
| Home improvement loans | 70% | 772 / 1,104 | 94% | $155K | 724 |
| Cash-out refinance | 73% | 255 / 348 | 100% | $205K | 255 |
| Refinance | 84% | 392 / 464 | 94% | $205K | 367 |
| Investment property purchase | 97% | 159 / 164 | 99% | $325K | 157 |
| Investment cash-out refinance | 76% | 22 / 29 | 100% | $155K | 22 |
| Investment home improvement | 57% | 16 / 28 | 100% | $295K | 16 |
Sandy Spring Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 83% | $205K | 2,621 | 2,118 |
| Virginia | 79% | $405K | 714 | 549 |
| District of Columbia | 81% | $595K | 305 | 237 |
| Florida | 90% | $365K | 30 | 26 |
| Pennsylvania | 75% | $315K | 24 | 18 |
| Delaware | 86% | $365K | 22 | 19 |
| South Carolina | 94% | $305K | 18 | 17 |
| North Carolina | 100% | $285K | 12 | 12 |
| West Virginia | 80% | $275K | 10 | 8 |
| Tennessee | 100% | $255K | 8 | 8 |
| Georgia | 100% | $505K | 7 | 7 |
| Colorado | 100% | $435K | 5 | 5 |
| Texas | 100% | $555K | 3 | 3 |
| Ohio | 50% | $335K | 2 | 1 |
| Alabama | 100% | $115K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.