Spectra Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Spectra Credit Union 2009 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 | Spectra Credit Union 5440 Cherokee Ave Suite 200 Alexandria, VA 22312 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 | 546 |
| Total Mortgage Loan Application Amount | $128,830,000 |
| Average Mortgage Loan Application Amount | $226,666 |
| Highest Mortgage Loan Application Amount | $913,000 |
| Average Applicant Income | $142,333 |
| Highest Applicant Income | $956,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Spectra Credit Union. 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 Spectra Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Spectra Credit Union'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 Spectra Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Spectra Credit Union, 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 Spectra Credit Union's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Fairfax County Virginia | 97 | $ 25,618,000 | $ 264,000 | $ 159,000 |
| Charles County Maryland | 63 | $ 12,675,000 | $ 201,000 | $ 114,000 |
| Prince George's County Maryland | 56 | $ 10,543,000 | $ 188,000 | $ 105,000 |
| Montgomery County Maryland | 40 | $ 10,701,000 | $ 267,000 | $ 162,000 |
| Anne Arundel County Maryland | 32 | $ 8,385,000 | $ 262,000 | $ 151,000 |
| Calvert County Maryland | 29 | $ 6,376,000 | $ 219,000 | $ 105,000 |
| District of Columbia County District Of Columbia | 21 | $ 5,400,000 | $ 257,000 | $ 122,000 |
| St. Mary's County Maryland | 19 | $ 4,302,000 | $ 226,000 | $ 111,000 |
| Alexandria County Virginia | 17 | $ 4,896,000 | $ 288,000 | $ 144,000 |
| Loudoun County Virginia | 10 | $ 2,547,000 | $ 254,000 | $ 147,000 |
| Howard County Maryland | 9 | $ 2,483,000 | $ 275,000 | $ 169,000 |
| Spotsylvania County Virginia | 8 | $ 1,733,000 | $ 216,000 | $ 127,000 |
| Prince William County Virginia | 7 | $ 1,741,000 | $ 248,000 | $ 147,000 |
| Worcester County Maryland | 5 | $ 770,000 | $ 154,000 | $ 149,000 |
| Arlington County Virginia | 5 | $ 1,184,000 | $ 236,000 | $ 172,000 |
| Baltimore County Maryland | 4 | $ 809,000 | $ 202,000 | $ 104,000 |
| Westmoreland County Virginia | 4 | $ 848,000 | $ 212,000 | $ 150,000 |
| Carroll County Maryland | 3 | $ 996,000 | $ 332,000 | $ 278,000 |
| Frederick County Maryland | 3 | $ 772,000 | $ 257,000 | $ 118,000 |
| Middlesex County Massachusetts | 3 | $ 725,000 | $ 241,000 | $ 186,000 |
| Buncombe County North Carolina | 3 | $ 397,000 | $ 132,000 | $ 83,000 |
| Horry County South Carolina | 3 | $ 518,000 | $ 172,000 | $ 107,000 |
| King George County Virginia | 3 | $ 627,000 | $ 209,000 | $ 143,000 |
| Stafford County Virginia | 3 | $ 720,000 | $ 240,000 | $ 120,000 |
| Pinellas County Florida | 2 | $ 735,000 | $ 367,000 | $ 298,000 |
| St. Tammany County Louisiana | 2 | $ 259,000 | $ 129,000 | $ 110,000 |
| Harford County Maryland | 2 | $ 486,000 | $ 243,000 | $ 105,000 |
| Queen Anne's County Maryland | 2 | $ 361,000 | $ 180,000 | $ 87,000 |
| Carteret County North Carolina | 2 | $ 654,000 | $ 327,000 | $ 161,000 |
| Guilford County North Carolina | 2 | $ 331,000 | $ 165,000 | $ 83,000 |
| Pender County North Carolina | 2 | $ 326,000 | $ 163,000 | $ 74,000 |
| Wake County North Carolina | 2 | $ 370,000 | $ 185,000 | $ 79,000 |
| Butler County Pennsylvania | 2 | $ 545,000 | $ 272,000 | $ 119,000 |
| Montgomery County Pennsylvania | 2 | $ 404,000 | $ 202,000 | $ 136,000 |
| Philadelphia County Pennsylvania | 2 | $ 330,000 | $ 165,000 | $ 84,000 |
| Caroline County Virginia | 2 | $ 392,000 | $ 196,000 | $ 118,000 |
| Richmond City County Virginia | 2 | $ 627,000 | $ 313,000 | $ 190,000 |
| Boulder County Colorado | 1 | $ 231,000 | $ 231,000 | $ 192,000 |
| Denver County Colorado | 1 | $ 262,000 | $ 262,000 | $ 94,000 |
| Jefferson County Colorado | 1 | $ 166,000 | $ 166,000 | $ 66,000 |
| New Haven County Connecticut | 1 | $ 209,000 | $ 209,000 | $ 159,000 |
| Kent County Delaware | 1 | $ 175,000 | $ 175,000 | $ 85,000 |
| New Castle County Delaware | 1 | $ 400,000 | $ 400,000 | $ 347,000 |
| Lake County Florida | 1 | $ 91,000 | $ 91,000 | $ 196,000 |
| Lee County Florida | 1 | $ 60,000 | $ 60,000 | $ 139,000 |
| Miami-Dade County Florida | 1 | $ 190,000 | $ 190,000 | $ 53,000 |
| Seminole County Florida | 1 | $ 417,000 | $ 417,000 | $ 141,000 |
| Volusia County Florida | 1 | $ 106,000 | $ 106,000 | $ 80,000 |
| Hawaii County Hawaii | 1 | $ 400,000 | $ 400,000 | $ 956,000 |
| Clark County Indiana | 1 | $ 109,000 | $ 109,000 | $ 110,000 |
| Tippecanoe County Indiana | 1 | $ 157,000 | $ 157,000 | $ 116,000 |
| Story County Iowa | 1 | $ 150,000 | $ 150,000 | $ 192,000 |
| Lafayette County Louisiana | 1 | $ 152,000 | $ 152,000 | $ 38,000 |
| Baltimore City County Maryland | 1 | $ 183,000 | $ 183,000 | $ 84,000 |
| Dorchester County Maryland | 1 | $ 160,000 | $ 160,000 | $ 90,000 |
| Garrett County Maryland | 1 | $ 652,000 | $ 652,000 | $ 393,000 |
| Washington County Maryland | 1 | $ 162,000 | $ 162,000 | $ 166,000 |
| Barnstable County Massachusetts | 1 | $ 125,000 | $ 125,000 | $ 112,000 |
| Essex County Massachusetts | 1 | $ 150,000 | $ 150,000 | $ 117,000 |
| Mackinac County Michigan | 1 | $ 200,000 | $ 200,000 | $ 70,000 |
| Midland County Michigan | 1 | $ 115,000 | $ 115,000 | $ 106,000 |
| Hennepin County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 62,000 |
| Lancaster County Nebraska | 1 | $ 268,000 | $ 268,000 | $ 192,000 |
| Clark County Nevada | 1 | $ 28,000 | $ 28,000 | $ 35,000 |
| Morris County New Jersey | 1 | $ 322,000 | $ 322,000 | $ 166,000 |
| Ocean County New Jersey | 1 | $ 46,000 | $ 46,000 | $ 76,000 |
| Union County New Jersey | 1 | $ 250,000 | $ 250,000 | $ 90,000 |
| Erie County New York | 1 | $ 224,000 | $ 224,000 | $ 200,000 |
| Monroe County New York | 1 | $ 60,000 | $ 60,000 | $ 90,000 |
| Chatham County North Carolina | 1 | $ 350,000 | $ 350,000 | $ 123,000 |
| Currituck County North Carolina | 1 | $ 590,000 | $ 590,000 | $ 396,000 |
| Johnston County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 86,000 |
| Mecklenburg County North Carolina | 1 | $ 156,000 | $ 156,000 | $ 97,000 |
| New Hanover County North Carolina | 1 | $ 355,000 | $ 355,000 | $ 242,000 |
| Greene County Ohio | 1 | $ 202,000 | $ 202,000 | $ 185,000 |
| Hamilton County Ohio | 1 | $ 205,000 | $ 205,000 | $ 164,000 |
| Stark County Ohio | 1 | $ 60,000 | $ 60,000 | $ 131,000 |
| Cleveland County Oklahoma | 1 | $ 297,000 | $ 297,000 | $ 138,000 |
| Washington County Oregon | 1 | $ 338,000 | $ 338,000 | $ 84,000 |
| Adams County Pennsylvania | 1 | $ 136,000 | $ 136,000 | $ 56,000 |
| Allegheny County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 83,000 |
| Cambria County Pennsylvania | 1 | $ 108,000 | $ 108,000 | $ 67,000 |
| Chester County Pennsylvania | 1 | $ 410,000 | $ 410,000 | $ 112,000 |
| Somerset County Pennsylvania | 1 | $ 82,000 | $ 82,000 | $ 176,000 |
| Beaufort County South Carolina | 1 | $ 224,000 | $ 224,000 | $ 121,000 |
| Summit County Utah | 1 | $ 570,000 | $ 570,000 | $ 590,000 |
| Washington County Vermont | 1 | $ 515,000 | $ 515,000 | $ 209,000 |
| Chesapeake County Virginia | 1 | $ 215,000 | $ 215,000 | $ 242,000 |
| Fairfax City County Virginia | 1 | $ 320,000 | $ 320,000 | $ 85,000 |
| Falls Church County Virginia | 1 | $ 913,000 | $ 913,000 | $ 380,000 |
| Fauquier County Virginia | 1 | $ 264,000 | $ 264,000 | $ 45,000 |
| Lancaster County Virginia | 1 | $ 590,000 | $ 590,000 | $ 353,000 |
| Louisa County Virginia | 1 | $ 74,000 | $ 74,000 | $ 75,000 |
| Lunenburg County Virginia | 1 | $ 130,000 | $ 130,000 | $ 91,000 |
| Madison County Virginia | 1 | $ 160,000 | $ 160,000 | $ 169,000 |
| Manassas County Virginia | 1 | $ 136,000 | $ 136,000 | $ 62,000 |
| Middlesex County Virginia | 1 | $ 102,000 | $ 102,000 | $ 110,000 |
| Northumberland County Virginia | 1 | $ 125,000 | $ 125,000 | $ 57,000 |
| Orange County Virginia | 1 | $ 360,000 | $ 360,000 | $ 98,000 |
| Rockingham County Virginia | 1 | $ 250,000 | $ 250,000 | $ 97,000 |
| Shenandoah County Virginia | 1 | $ 320,000 | $ 320,000 | $ 99,000 |
| Virginia Beach County Virginia | 1 | $ 417,000 | $ 417,000 | $ 95,000 |
| Warren County Virginia | 1 | $ 200,000 | $ 200,000 | $ 41,000 |
| Winchester County Virginia | 1 | $ 111,000 | $ 111,000 | $ 77,000 |
| Whatcom County Washington | 1 | $ 250,000 | $ 250,000 | $ 80,000 |
| Jefferson County West Virginia | 1 | $ 124,000 | $ 124,000 | $ 48,000 |
| Kanawha County West Virginia | 1 | $ 417,000 | $ 417,000 | $ 239,000 |
| Morgan County West Virginia | 1 | $ 93,000 | $ 93,000 | $ 115,000 |
| Outagamie County Wisconsin | 1 | $ 150,000 | $ 150,000 | $ 240,000 |
Mortgage Loan Application Detail Totals for Spectra Credit Union in 2009
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 | 472 | $110,279,000 | $233,000 | $913,000 | $134,000 | $590,000 |
| Home Purchase | 67 | $17,208,000 | $256,000 | $732,000 | $160,000 | $956,000 |
| Home Improvement | 7 | $1,343,000 | $191,000 | $417,000 | $133,000 | $242,000 |
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 | 373 | $89,400,000 | $239,000 | $913,000 | $139,000 | $590,000 |
| Not Provided | 75 | $17,711,000 | $236,000 | $720,000 | $155,000 | $956,000 |
| Black or African American | 47 | $10,489,000 | $223,000 | $513,000 | $105,000 | $374,000 |
| Asian | 28 | $6,792,000 | $242,000 | $732,000 | $151,000 | $266,000 |
| Hispanic | 13 | $2,837,000 | $218,000 | $412,000 | $105,000 | $296,000 |
| American Indian or Alaskan Native | 9 | $1,401,000 | $155,000 | $416,000 | $119,000 | $215,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $200,000 | $200,000 | $200,000 | $70,000 | $70,000 |
| 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) | 546 | $128,830,000 | $235,000 | $913,000 | $137,000 | $956,000 |
| 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 |
| 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 | 462 | $106,358,000 | $230,000 | $913,000 | $138,000 | $450,000 |
| Application Withdrawn By Applicant | 58 | $14,838,000 | $255,000 | $615,000 | $134,000 | $590,000 |
| Application Denied By Financial Institution | 23 | $6,846,000 | $297,000 | $720,000 | $149,000 | $956,000 |
| File Closed For Incompleteness | 2 | $438,000 | $219,000 | $228,000 | $87,000 | $110,000 |
| Preapproval Denied by Financial Institution | 1 | $350,000 | $350,000 | $350,000 | $98,000 | $98,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 | 2 | $735,000 | $367,000 | $525,000 | $91,000 | $121,000 |
| Debt-To-Income Ratio | 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 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Spectra Credit Union's 2009 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 Spectra Credit Union'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 Virginia, download the full spreadsheet
with aggregated HMDA statistics today.