Spectra Funding, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2013
Spectra Funding, Inc. 2013 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 | 308 |
| Total Mortgage Loan Application Amount | $67,602,000 |
| Average Mortgage Loan Application Amount | $295,666 |
| Highest Mortgage Loan Application Amount | $875,000 |
| Average Applicant Income | $112,333 |
| Highest Applicant Income | $941,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2013 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 2013 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 2013.
| 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 | 72 | $ 9,333,000 | $ 129,000 | $ 65,000 |
| San Diego County California | 29 | $ 10,897,000 | $ 375,000 | $ 149,000 |
| Mineral County West Virginia | 21 | $ 3,134,000 | $ 149,000 | $ 60,000 |
| Pinellas County Florida | 15 | $ 2,080,000 | $ 138,000 | $ 65,000 |
| Hernando County Florida | 14 | $ 1,739,000 | $ 124,000 | $ 49,000 |
| Pasco County Florida | 12 | $ 1,453,000 | $ 121,000 | $ 51,000 |
| Alameda County California | 8 | $ 2,350,000 | $ 293,000 | $ 145,000 |
| Orange County California | 6 | $ 1,981,000 | $ 330,000 | $ 293,000 |
| Contra Costa County California | 5 | $ 2,952,000 | $ 590,000 | $ 195,000 |
| Los Angeles County California | 5 | $ 2,010,000 | $ 402,000 | $ 224,000 |
| Hillsborough County Florida | 5 | $ 878,000 | $ 175,000 | $ 91,000 |
| Worcester County Maryland | 5 | $ 1,302,000 | $ 260,000 | $ 49,000 |
| Hampshire County West Virginia | 5 | $ 482,000 | $ 96,000 | $ 43,000 |
| Broward County Florida | 4 | $ 658,000 | $ 164,000 | $ 48,000 |
| Garrett County Maryland | 4 | $ 407,000 | $ 101,000 | $ 49,000 |
| Washington County Maryland | 4 | $ 623,000 | $ 155,000 | $ 81,000 |
| Chesapeake County Virginia | 4 | $ 680,000 | $ 170,000 | $ 118,000 |
| Riverside County California | 3 | $ 509,000 | $ 169,000 | $ 84,000 |
| San Mateo County California | 3 | $ 1,302,000 | $ 434,000 | $ 186,000 |
| Sussex County Delaware | 3 | $ 883,000 | $ 294,000 | $ 136,000 |
| Baltimore County Maryland | 3 | $ 913,000 | $ 304,000 | $ 117,000 |
| Bedford County Pennsylvania | 3 | $ 311,000 | $ 103,000 | $ 57,000 |
| Newport News County Virginia | 3 | $ 890,000 | $ 296,000 | $ 88,000 |
| Marin County California | 2 | $ 1,095,000 | $ 547,000 | $ 214,000 |
| Santa Clara County California | 2 | $ 1,590,000 | $ 795,000 | $ 266,000 |
| Fairfax County Virginia | 2 | $ 759,000 | $ 379,000 | $ 116,000 |
| Richmond City County Virginia | 2 | $ 227,000 | $ 113,000 | $ 48,000 |
| Stafford County Virginia | 2 | $ 530,000 | $ 265,000 | $ 130,000 |
| Virginia Beach County Virginia | 2 | $ 283,000 | $ 141,000 | $ 42,000 |
| Calaveras County California | 1 | $ 90,000 | $ 90,000 | $ 138,000 |
| San Bernardino County California | 1 | $ 298,000 | $ 298,000 | $ 174,000 |
| San Francisco County California | 1 | $ 489,000 | $ 489,000 | $ 105,000 |
| Santa Barbara County California | 1 | $ 710,000 | $ 710,000 | $ 262,000 |
| Kent County Delaware | 1 | $ 150,000 | $ 150,000 | $ 60,000 |
| New Castle County Delaware | 1 | $ 268,000 | $ 268,000 | $ 83,000 |
| Alachua County Florida | 1 | $ 417,000 | $ 417,000 | $ 134,000 |
| Manatee County Florida | 1 | $ 166,000 | $ 166,000 | $ 98,000 |
| Miami-Dade County Florida | 1 | $ 417,000 | $ 417,000 | $ 88,000 |
| Sarasota County Florida | 1 | $ 417,000 | $ 417,000 | $ 180,000 |
| Anne Arundel County Maryland | 1 | $ 151,000 | $ 151,000 | $ 43,000 |
| Baltimore City County Maryland | 1 | $ 208,000 | $ 208,000 | $ 73,000 |
| Calvert County Maryland | 1 | $ 451,000 | $ 451,000 | $ 150,000 |
| Carroll County Maryland | 1 | $ 279,000 | $ 279,000 | $ 110,000 |
| Charles County Maryland | 1 | $ 323,000 | $ 323,000 | $ 130,000 |
| Montgomery County Maryland | 1 | $ 433,000 | $ 433,000 | $ 152,000 |
| Wicomico County Maryland | 1 | $ 238,000 | $ 238,000 | $ 62,000 |
| Somerset County Pennsylvania | 1 | $ 274,000 | $ 274,000 | $ 116,000 |
| Gloucester County Virginia | 1 | $ 264,000 | $ 264,000 | $ 82,000 |
| Hampton County Virginia | 1 | $ 95,000 | $ 95,000 | $ 52,000 |
| Henrico County Virginia | 1 | $ 117,000 | $ 117,000 | $ 94,000 |
| Isle of Wight County Virginia | 1 | $ 242,000 | $ 242,000 | $ 42,000 |
| Loudoun County Virginia | 1 | $ 47,000 | $ 47,000 | $ 27,000 |
| Norfolk County Virginia | 1 | $ 150,000 | $ 150,000 | $ 209,000 |
| Portsmouth County Virginia | 1 | $ 256,000 | $ 256,000 | $ 65,000 |
| Prince William County Virginia | 1 | $ 263,000 | $ 263,000 | $ 210,000 |
| Berkeley County West Virginia | 1 | $ 116,000 | $ 116,000 | $ 44,000 |
| Grant County West Virginia | 1 | $ 79,000 | $ 79,000 | $ 35,000 |
| Monongalia County West Virginia | 1 | $ 126,000 | $ 126,000 | $ 175,000 |
| Preston County West Virginia | 1 | $ 234,000 | $ 234,000 | $ 90,000 |
Mortgage Loan Application Detail Totals for Spectra Funding, Inc. in 2013
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 | 154 | $39,880,000 | $258,000 | $775,000 | $106,000 | $435,000 |
| Home Purchase | 153 | $27,271,000 | $178,000 | $875,000 | $81,000 | $941,000 |
| Home Improvement | 1 | $451,000 | $451,000 | $451,000 | $150,000 | $150,000 |
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 | 276 | $60,644,000 | $219,000 | $875,000 | $95,000 | $941,000 |
| Black or African American | 16 | $3,330,000 | $208,000 | $454,000 | $82,000 | $209,000 |
| Hispanic | 8 | $1,450,000 | $181,000 | $398,000 | $51,000 | $95,000 |
| Asian | 7 | $1,904,000 | $272,000 | $425,000 | $127,000 | $433,000 |
| Not Provided | 1 | $274,000 | $274,000 | $274,000 | $116,000 | $116,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 177 | $46,031,000 | $260,000 | $875,000 | $118,000 | $941,000 |
| FHA-insured (Federal Housing Administration) | 72 | $13,250,000 | $184,000 | $572,000 | $66,000 | $181,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 41 | $4,833,000 | $117,000 | $330,000 | $47,000 | $95,000 |
| VA-guaranteed (Veterans Administration) | 18 | $3,488,000 | $193,000 | $425,000 | $67,000 | $143,000 |
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 | 278 | $59,932,000 | $215,000 | $875,000 | $91,000 | $941,000 |
| Application Withdrawn By Applicant | 18 | $4,504,000 | $250,000 | $572,000 | $120,000 | $433,000 |
| Application Denied By Financial Institution | 11 | $3,049,000 | $277,000 | $710,000 | $110,000 | $384,000 |
| Application Approved But Not Accepted | 1 | $117,000 | $117,000 | $117,000 | $45,000 | $45,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 2 | $721,000 | $360,000 | $682,000 | $41,000 | $50,000 |
| Credit Application Incomplete | 2 | $378,000 | $189,000 | $304,000 | $44,000 | $52,000 |
| Other | 1 | $710,000 | $710,000 | $710,000 | $262,000 | $262,000 |
| Unverifiable Information | 1 | $415,000 | $415,000 | $415,000 | $384,000 | $384,000 |
| Collateral | 1 | $76,000 | $76,000 | $76,000 | $52,000 | $52,000 |
| Credit History | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Spectra Funding, Inc.'s 2013 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.