Spectra Funding, Inc.
Mortgage Loan Application
Totals and Details
for 2012
Find mortgage loan statistics, lending data, and loan application totals for California.
The mortgage statistics and data below are specific to mortgage loan applications for Spectra Funding, Inc..
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 2003-2021.
| Mortgage Company & Address | Spectra Funding, Inc. 2766 Gateway Road Carlsbad, CA 92009 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2013 2012 |
| Total Number of Mortgage Applications | 732 |
| Total Mortgage Loan Application Amount | $162,850,000 |
| Average Mortgage Loan Application Amount | $213,500 |
| Highest Mortgage Loan Application Amount | $1,125,000 |
| Average Applicant Income | $86,000 |
| Highest Applicant Income | $609,000 |
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 CA, 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 |
|---|---|---|---|---|
| Allegany County Maryland | 170 | $ 19,302,000 | $ 113,000 | $ 62,000 |
| San Diego County California | 102 | $ 31,963,000 | $ 313,000 | $ 119,000 |
| Mineral County West Virginia | 48 | $ 5,888,000 | $ 122,000 | $ 52,000 |
| Alameda County California | 43 | $ 18,035,000 | $ 419,000 | $ 157,000 |
| Sussex County Delaware | 31 | $ 8,040,000 | $ 259,000 | $ 111,000 |
| Worcester County Maryland | 29 | $ 5,944,000 | $ 204,000 | $ 96,000 |
| Pinellas County Florida | 26 | $ 3,162,000 | $ 121,000 | $ 58,000 |
| Orange County California | 14 | $ 6,020,000 | $ 430,000 | $ 171,000 |
| Baltimore County Maryland | 13 | $ 3,299,000 | $ 253,000 | $ 80,000 |
| Contra Costa County California | 12 | $ 3,959,000 | $ 329,000 | $ 107,000 |
| Garrett County Maryland | 12 | $ 1,686,000 | $ 140,000 | $ 64,000 |
| Prince George's County Maryland | 12 | $ 1,698,000 | $ 141,000 | $ 49,000 |
| Los Angeles County California | 11 | $ 3,784,000 | $ 344,000 | $ 132,000 |
| Anne Arundel County Maryland | 8 | $ 1,936,000 | $ 242,000 | $ 68,000 |
| Washington County Maryland | 8 | $ 1,146,000 | $ 143,000 | $ 62,000 |
| Howard County Maryland | 7 | $ 1,723,000 | $ 246,000 | $ 92,000 |
| Wicomico County Maryland | 7 | $ 1,206,000 | $ 172,000 | $ 56,000 |
| District of Columbia County District Of Columbia | 6 | $ 1,476,000 | $ 246,000 | $ 76,000 |
| Harford County Maryland | 6 | $ 1,325,000 | $ 220,000 | $ 61,000 |
| Montgomery County Maryland | 6 | $ 1,501,000 | $ 250,000 | $ 56,000 |
| Fresno County California | 5 | $ 1,201,000 | $ 240,000 | $ 62,000 |
| Pasco County Florida | 5 | $ 617,000 | $ 123,000 | $ 62,000 |
| Frederick County Maryland | 5 | $ 1,219,000 | $ 243,000 | $ 101,000 |
| Fairfax County Virginia | 5 | $ 1,524,000 | $ 304,000 | $ 87,000 |
| Sacramento County California | 4 | $ 858,000 | $ 214,000 | $ 98,000 |
| Baltimore City County Maryland | 4 | $ 397,000 | $ 99,000 | $ 60,000 |
| Riverside County California | 3 | $ 831,000 | $ 277,000 | $ 139,000 |
| Santa Clara County California | 3 | $ 1,599,000 | $ 533,000 | $ 211,000 |
| Kent County Delaware | 3 | $ 540,000 | $ 180,000 | $ 61,000 |
| Hillsborough County Florida | 3 | $ 409,000 | $ 136,000 | $ 124,000 |
| Carroll County Maryland | 3 | $ 725,000 | $ 241,000 | $ 67,000 |
| Franklin County Pennsylvania | 3 | $ 283,000 | $ 94,000 | $ 43,000 |
| Somerset County Pennsylvania | 3 | $ 294,000 | $ 98,000 | $ 42,000 |
| Hampshire County West Virginia | 3 | $ 371,000 | $ 123,000 | $ 52,000 |
| Amador County California | 2 | $ 419,000 | $ 209,000 | $ 207,000 |
| Calaveras County California | 2 | $ 367,000 | $ 183,000 | $ 119,000 |
| San Mateo County California | 2 | $ 924,000 | $ 462,000 | $ 193,000 |
| Solano County California | 2 | $ 440,000 | $ 220,000 | $ 175,000 |
| Calvert County Maryland | 2 | $ 717,000 | $ 358,000 | $ 103,000 |
| Caroline County Maryland | 2 | $ 332,000 | $ 166,000 | $ 32,000 |
| Kent County Maryland | 2 | $ 406,000 | $ 203,000 | $ 116,000 |
| Queen Anne's County Maryland | 2 | $ 510,000 | $ 255,000 | $ 168,000 |
| Spotsylvania County Virginia | 2 | $ 708,000 | $ 354,000 | $ 165,000 |
| Suffolk County Virginia | 2 | $ 296,000 | $ 148,000 | $ 31,000 |
| El Dorado County California | 1 | $ 332,000 | $ 332,000 | $ 70,000 |
| Madera County California | 1 | $ 75,000 | $ 75,000 | $ 96,000 |
| Marin County California | 1 | $ 180,000 | $ 180,000 | $ 74,000 |
| San Joaquin County California | 1 | $ 221,000 | $ 221,000 | $ 134,000 |
| San Luis Obispo County California | 1 | $ 223,000 | $ 223,000 | $ 77,000 |
| Tuolumne County California | 1 | $ 182,000 | $ 182,000 | $ 119,000 |
| Ventura County California | 1 | $ 398,000 | $ 398,000 | $ 149,000 |
| Charlotte County Florida | 1 | $ 279,000 | $ 279,000 | $ 81,000 |
| Hernando County Florida | 1 | $ 92,000 | $ 92,000 | $ 29,000 |
| Monroe County Florida | 1 | $ 910,000 | $ 910,000 | $ 383,000 |
| Sarasota County Florida | 1 | $ 164,000 | $ 164,000 | $ 108,000 |
| Charles County Maryland | 1 | $ 159,000 | $ 159,000 | $ 42,000 |
| St. Mary's County Maryland | 1 | $ 197,000 | $ 197,000 | $ 69,000 |
| Botetourt County Virginia | 1 | $ 71,000 | $ 71,000 | $ 0 |
| Charlottesville County Virginia | 1 | $ 52,000 | $ 52,000 | $ 15,000 |
| Fairfax City County Virginia | 1 | $ 279,000 | $ 279,000 | $ 30,000 |
| Hampton County Virginia | 1 | $ 240,000 | $ 240,000 | $ 53,000 |
| Henrico County Virginia | 1 | $ 19,000 | $ 19,000 | $ 19,000 |
| Loudoun County Virginia | 1 | $ 172,000 | $ 172,000 | $ 117,000 |
| Stafford County Virginia | 1 | $ 88,000 | $ 88,000 | $ 106,000 |
| Wise County Virginia | 1 | $ 124,000 | $ 124,000 | $ 52,000 |
| Berkeley County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 30,000 |
| Monongalia County West Virginia | 1 | $ 132,000 | $ 132,000 | $ 88,000 |
| Preston County West Virginia | 1 | $ 156,000 | $ 156,000 | $ 53,000 |
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 California,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Spectra Funding, Inc. in 2012
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 | 432 | $112,188,000 | $259,000 | $1,012,000 | $110,000 | $609,000 |
| Home Purchase | 300 | $50,662,000 | $168,000 | $1,125,000 | $62,000 | $300,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 647 | $143,941,000 | $222,000 | $1,125,000 | $92,000 | $609,000 |
| Black or African American | 40 | $7,361,000 | $184,000 | $557,000 | $58,000 | $170,000 |
| Hispanic | 18 | $4,749,000 | $263,000 | $447,000 | $94,000 | $168,000 |
| Asian | 13 | $3,884,000 | $298,000 | $508,000 | $116,000 | $252,000 |
| Not Provided | 9 | $1,864,000 | $207,000 | $565,000 | $93,000 | $190,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $800,000 | $266,000 | $279,000 | $71,000 | $105,000 |
| American Indian or Alaskan Native | 2 | $251,000 | $125,000 | $140,000 | $65,000 | $69,000 |
| 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) | 431 | $112,389,000 | $260,000 | $1,125,000 | $117,000 | $609,000 |
| FHA-insured (Federal Housing Administration) | 178 | $33,470,000 | $188,000 | $634,000 | $54,000 | $232,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 102 | $12,358,000 | $121,000 | $372,000 | $45,000 | $95,000 |
| VA-guaranteed (Veterans Administration) | 21 | $4,633,000 | $220,000 | $675,000 | $78,000 | $315,000 |
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 | 632 | $140,089,000 | $221,000 | $1,012,000 | $92,000 | $609,000 |
| Application Withdrawn By Applicant | 61 | $16,460,000 | $269,000 | $1,125,000 | $86,000 | $300,000 |
| Application Denied By Financial Institution | 32 | $4,770,000 | $149,000 | $417,000 | $68,000 | $207,000 |
| File Closed For Incompleteness | 6 | $1,431,000 | $238,000 | $331,000 | $114,000 | $157,000 |
| Application Approved But Not Accepted | 1 | $100,000 | $100,000 | $100,000 | $21,000 | $21,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 10 | $1,001,000 | $100,000 | $205,000 | $59,000 | $99,000 |
| Other | 5 | $687,000 | $137,000 | $204,000 | $73,000 | $85,000 |
| Debt-To-Income Ratio | 5 | $1,001,000 | $200,000 | $290,000 | $84,000 | $207,000 |
| Credit History | 3 | $636,000 | $212,000 | $345,000 | $66,000 | $91,000 |
| Credit Application Incomplete | 2 | $212,000 | $106,000 | $162,000 | $69,000 | $95,000 |
| Unverifiable Information | 1 | $101,000 | $101,000 | $101,000 | $42,000 | $42,000 |
| Employment History | 1 | $30,000 | $30,000 | $30,000 | $23,000 | $23,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 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 CA, 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 California, and search similar information at your convenience.