Spectra Funding, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
Spectra Funding, Inc. 2012 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 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 with Spectra Funding, Inc.. 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 Funding, Inc.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2012 breaks down Spectra Funding, Inc.'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 Funding, Inc. serves its applicants.
Each category highlights the total number of mortgage applications processed by Spectra Funding, Inc., 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 Funding, Inc.'s mortgage activity for 2012.
| 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Spectra Funding, Inc.'s 2012 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 Funding, Inc.'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 California, download the full spreadsheet
with aggregated HMDA statistics today.