Sandy Spring Bank mortgage approval rate & lending review
Sandy Spring Bank decided 3,785 mortgage applications and funded 3,032 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sandy Spring Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to atlanticunionbank.com.
Sandy Spring Bank at a glance
Approval is 5.6 points above the 76.8% national rate for the same mix of loan types.
Approval rates 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 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Sandy Spring Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Montgomery County, MD | Mortgage lenders | 93% | 319 | 295 |
| Montgomery County, MD | Home improvement loans | 75% | 355 | 246 |
| Anne Arundel County, MD | Mortgage lenders | 95% | 170 | 162 |
| Baltimore County, MD | Mortgage lenders | 90% | 153 | 135 |
| Baltimore city, MD | Mortgage lenders | 90% | 153 | 135 |
| Montgomery County, MD | Refinance | 84% | 159 | 126 |
| Prince George's County, MD | Mortgage lenders | 86% | 118 | 101 |
| Anne Arundel County, MD | Home improvement loans | 72% | 134 | 93 |
| Montgomery County, MD | Cash-out refinance | 83% | 103 | 85 |
| Fairfax County, VA | Home improvement loans | 73% | 106 | 75 |
| Frederick County, MD | Mortgage lenders | 96% | 69 | 66 |
| Frederick County, MD | Home improvement loans | 78% | 73 | 56 |
The county markets where Sandy Spring Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Sandy Spring Bank
What is Sandy Spring Bank's mortgage approval rate?
Sandy Spring Bank approved 82.4% of the 3,785 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.6 points above the 76.8% national rate for the same mix of loan types.
How often do borrowers take the loan Sandy Spring Bank offers?
Borrowers accepted 97% of the loans Sandy Spring Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Sandy Spring Bank make?
The typical home purchase mortgage loan Sandy Spring Bank made was $445K; across all loan types its typical loan ran from $155K to $445K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sandy Spring Bank lend?
Sandy Spring Bank decided applications in 18 of the states Fat Boy Data covers, most of them in Maryland, Virginia and District of Columbia.
Can I apply to Sandy Spring Bank directly?
Yes. Sandy Spring Bank reports as a direct lender that takes applications from borrowers. Its website is atlanticunionbank.com.
Does this page show Sandy Spring Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Sandy Spring Bank treats applications, then get a rate quote from the lender.