Spectrum Financial Group, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Spectrum Financial Group, Inc. 2004 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 | Spectrum Financial Group, Inc. 7047 East Greenway Parkway, Suite 400 Scottsdale, AZ 85254 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 |
| Total Number of Mortgage Applications | 3,505 |
| Total Mortgage Loan Application Amount | $580,654,000 |
| Average Mortgage Loan Application Amount | $186,043 |
| Highest Mortgage Loan Application Amount | $1,833,000 |
| Average Applicant Income | $64,478 |
| Highest Applicant Income | $1,504,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Spectrum Financial Group, 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 Spectrum Financial Group, Inc.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Spectrum Financial Group, 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 Spectrum Financial Group, Inc. serves its applicants.
Each category highlights the total number of mortgage applications processed by Spectrum Financial Group, 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 Spectrum Financial Group, Inc.'s mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Maricopa County Arizona | 2,016 | $ 305,970,000 | $ 151,000 | $ 79,000 |
| Clark County Nevada | 973 | $ 186,597,000 | $ 191,000 | $ 72,000 |
| Pinal County Arizona | 88 | $ 10,560,000 | $ 120,000 | $ 47,000 |
| Pima County Arizona | 68 | $ 10,272,000 | $ 151,000 | $ 43,000 |
| Yavapai County Arizona | 21 | $ 3,286,000 | $ 156,000 | $ 55,000 |
| Coconino County Arizona | 18 | $ 3,431,000 | $ 190,000 | $ 65,000 |
| Washoe County Nevada | 16 | $ 3,408,000 | $ 213,000 | $ 56,000 |
| Los Angeles County California | 14 | $ 3,328,000 | $ 237,000 | $ 66,000 |
| Riverside County California | 13 | $ 2,337,000 | $ 179,000 | $ 96,000 |
| El Paso County Colorado | 13 | $ 2,155,000 | $ 165,000 | $ 58,000 |
| Santa Cruz County Arizona | 11 | $ 1,003,000 | $ 91,000 | $ 48,000 |
| Orange County California | 11 | $ 3,850,000 | $ 350,000 | $ 171,000 |
| Ada County Idaho | 11 | $ 1,476,000 | $ 134,000 | $ 76,000 |
| Mohave County Arizona | 9 | $ 1,287,000 | $ 143,000 | $ 140,000 |
| San Diego County California | 9 | $ 2,719,000 | $ 302,000 | $ 77,000 |
| San Bernardino County California | 8 | $ 2,035,000 | $ 254,000 | $ 39,000 |
| Carson City County Nevada | 8 | $ 1,147,000 | $ 143,000 | $ 71,000 |
| Chisago County Minnesota | 7 | $ 1,097,000 | $ 156,000 | $ 50,000 |
| Nye County Nevada | 7 | $ 1,038,000 | $ 148,000 | $ 68,000 |
| Multnomah County Oregon | 7 | $ 599,000 | $ 85,000 | $ 33,000 |
| Gila County Arizona | 6 | $ 1,025,000 | $ 170,000 | $ 80,000 |
| Denver County Colorado | 6 | $ 1,217,000 | $ 202,000 | $ 52,000 |
| Pueblo County Colorado | 6 | $ 657,000 | $ 109,000 | $ 91,000 |
| Anoka County Minnesota | 6 | $ 1,094,000 | $ 182,000 | $ 35,000 |
| Navajo County Arizona | 5 | $ 801,000 | $ 160,000 | $ 160,000 |
| Adams County Colorado | 5 | $ 869,000 | $ 173,000 | $ 27,000 |
| Washington County Minnesota | 5 | $ 842,000 | $ 168,000 | $ 30,000 |
| Bernalillo County New Mexico | 5 | $ 553,000 | $ 110,000 | $ 70,000 |
| Contra Costa County California | 4 | $ 933,000 | $ 233,000 | $ 0 |
| San Mateo County California | 4 | $ 2,016,000 | $ 504,000 | $ 136,000 |
| Arapahoe County Colorado | 4 | $ 591,000 | $ 147,000 | $ 39,000 |
| Hennepin County Minnesota | 4 | $ 743,000 | $ 185,000 | $ 57,000 |
| Kern County California | 3 | $ 392,000 | $ 130,000 | $ 59,000 |
| Sacramento County California | 3 | $ 731,000 | $ 243,000 | $ 0 |
| Ventura County California | 3 | $ 737,000 | $ 245,000 | $ 34,000 |
| Douglas County Colorado | 3 | $ 767,000 | $ 255,000 | $ 125,000 |
| Eagle County Colorado | 3 | $ 594,000 | $ 198,000 | $ 0 |
| Jefferson County Colorado | 3 | $ 730,000 | $ 243,000 | $ 162,000 |
| Canyon County Idaho | 3 | $ 264,000 | $ 88,000 | $ 50,000 |
| Anne Arundel County Maryland | 3 | $ 792,000 | $ 264,000 | $ 28,000 |
| Ramsey County Minnesota | 3 | $ 584,000 | $ 194,000 | $ 50,000 |
| Scott County Minnesota | 3 | $ 201,000 | $ 67,000 | $ 51,000 |
| King County Washington | 3 | $ 610,000 | $ 203,000 | $ 0 |
| Cochise County Arizona | 2 | $ 225,000 | $ 112,000 | $ 80,000 |
| Alameda County California | 2 | $ 327,000 | $ 163,000 | $ 54,000 |
| San Joaquin County California | 2 | $ 223,000 | $ 111,000 | $ 66,000 |
| Solano County California | 2 | $ 386,000 | $ 193,000 | $ 71,000 |
| Sutter County California | 2 | $ 281,000 | $ 140,000 | $ 74,000 |
| Tulare County California | 2 | $ 281,000 | $ 140,000 | $ 59,000 |
| Tuolumne County California | 2 | $ 275,000 | $ 137,000 | $ 0 |
| Archuleta County Colorado | 2 | $ 330,000 | $ 165,000 | $ 62,000 |
| Elbert County Colorado | 2 | $ 191,000 | $ 95,000 | $ 52,000 |
| Bingham County Idaho | 2 | $ 171,000 | $ 85,000 | $ 59,000 |
| Frederick County Maryland | 2 | $ 374,000 | $ 187,000 | $ 0 |
| Prince George's County Maryland | 2 | $ 233,000 | $ 116,000 | $ 0 |
| Queen Anne's County Maryland | 2 | $ 395,000 | $ 197,000 | $ 0 |
| Dakota County Minnesota | 2 | $ 292,000 | $ 146,000 | $ 56,000 |
| Greene County Missouri | 2 | $ 112,000 | $ 56,000 | $ 39,000 |
| Santa Fe County New Mexico | 2 | $ 524,000 | $ 262,000 | $ 143,000 |
| Clackamas County Oregon | 2 | $ 242,000 | $ 121,000 | $ 0 |
| Yamhill County Oregon | 2 | $ 152,000 | $ 76,000 | $ 46,000 |
| Fauquier County Virginia | 2 | $ 610,000 | $ 305,000 | $ 205,000 |
| York County Virginia | 2 | $ 289,000 | $ 144,000 | $ 0 |
| Snohomish County Washington | 2 | $ 358,000 | $ 179,000 | $ 0 |
| Yuma County Arizona | 1 | $ 731,000 | $ 731,000 | $ 360,000 |
| Kings County California | 1 | $ 92,000 | $ 92,000 | $ 0 |
| Madera County California | 1 | $ 180,000 | $ 180,000 | $ 0 |
| Merced County California | 1 | $ 273,000 | $ 273,000 | $ 0 |
| Placer County California | 1 | $ 96,000 | $ 96,000 | $ 0 |
| Plumas County California | 1 | $ 233,000 | $ 233,000 | $ 0 |
| San Francisco County California | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Santa Clara County California | 1 | $ 222,000 | $ 222,000 | $ 125,000 |
| Shasta County California | 1 | $ 264,000 | $ 264,000 | $ 57,000 |
| Stanislaus County California | 1 | $ 212,000 | $ 212,000 | $ 114,000 |
| Pitkin County Colorado | 1 | $ 825,000 | $ 825,000 | $ 312,000 |
| Twin Falls County Idaho | 1 | $ 76,000 | $ 76,000 | $ 108,000 |
| Baltimore County Maryland | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Isanti County Minnesota | 1 | $ 152,000 | $ 152,000 | $ 61,000 |
| Lincoln County Minnesota | 1 | $ 187,000 | $ 187,000 | $ 0 |
| Rice County Minnesota | 1 | $ 173,000 | $ 173,000 | $ 0 |
| Saline County Missouri | 1 | $ 57,000 | $ 57,000 | $ 25,000 |
| Lyon County Nevada | 1 | $ 306,000 | $ 306,000 | $ 0 |
| Dona Ana County New Mexico | 1 | $ 147,000 | $ 147,000 | $ 0 |
| Rio Arriba County New Mexico | 1 | $ 140,000 | $ 140,000 | $ 62,000 |
| Taos County New Mexico | 1 | $ 368,000 | $ 368,000 | $ 246,000 |
| Coos County Oregon | 1 | $ 510,000 | $ 510,000 | $ 0 |
| Harney County Oregon | 1 | $ 230,000 | $ 230,000 | $ 0 |
| Josephine County Oregon | 1 | $ 233,000 | $ 233,000 | $ 0 |
| Lane County Oregon | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Umatilla County Oregon | 1 | $ 169,000 | $ 169,000 | $ 162,000 |
| Hampton County Virginia | 1 | $ 234,000 | $ 234,000 | $ 139,000 |
| Isle of Wight County Virginia | 1 | $ 303,000 | $ 303,000 | $ 0 |
Mortgage Loan Application Detail Totals for Spectrum Financial Group, Inc. in 2004
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 2,338 | $354,510,000 | $192,181 | $1,833,000 | $80,818 | $1,079,000 |
| Refinancing | 1,167 | $226,144,000 | $180,416 | $1,593,000 | $49,500 | $1,504,000 |
| 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 | 1,636 | $267,908,000 | $151,166 | $1,593,000 | $69,083 | $1,504,000 |
| Not Provided | 1,215 | $208,153,000 | $193,636 | $1,833,000 | $49,181 | $1,059,000 |
| Hispanic | 371 | $57,956,000 | $172,285 | $1,122,000 | $53,714 | $672,000 |
| Asian | 113 | $17,864,000 | $120,666 | $671,000 | $52,666 | $410,000 |
| Black or African American | 78 | $14,184,000 | $170,500 | $1,120,000 | $83,250 | $450,000 |
| Not applicable | 60 | $9,041,000 | $190,750 | $620,000 | $36,000 | $300,000 |
| Native Hawaiian or Other Pacific Islander | 20 | $3,064,000 | $128,333 | $516,000 | $103,000 | $192,000 |
| American Indian or Alaskan Native | 12 | $2,484,000 | $223,500 | $622,000 | $107,500 | $192,000 |
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) | 3,447 | $572,771,000 | $173,083 | $1,833,000 | $54,750 | $1,504,000 |
| FHA-insured (Federal Housing Administration) | 35 | $4,369,000 | $147,000 | $265,000 | $50,000 | $424,000 |
| VA-guaranteed (Veterans Administration) | 23 | $3,514,000 | $161,000 | $254,000 | $41,750 | $92,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 2,312 | $380,695,000 | $173,333 | $1,833,000 | $66,583 | $1,059,000 |
| Application Withdrawn By Applicant | 496 | $81,551,000 | $179,444 | $1,500,000 | $17,777 | $600,000 |
| Application Approved But Not Accepted | 296 | $51,853,000 | $184,500 | $1,120,000 | $51,375 | $1,079,000 |
| Application Denied By Financial Institution | 168 | $25,513,000 | $174,600 | $1,500,000 | $77,400 | $1,504,000 |
| Loan Purchased By The Institution | 164 | $27,075,000 | $181,800 | $620,000 | $45,800 | $322,000 |
| File Closed For Incompleteness | 69 | $13,967,000 | $290,250 | $979,000 | $79,250 | $672,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 22 | $3,858,000 | $169,250 | $650,000 | $80,000 | $1,504,000 |
| Other | 17 | $2,560,000 | $139,666 | $610,000 | $77,666 | $300,000 |
| Debt-To-Income Ratio | 16 | $2,916,000 | $170,000 | $500,000 | $28,250 | $154,000 |
| Unverifiable Information | 7 | $1,361,000 | $181,500 | $464,000 | $59,000 | $114,000 |
| Collateral | 7 | $1,296,000 | $229,666 | $382,000 | $78,666 | $168,000 |
| Employment History | 4 | $553,000 | $118,000 | $225,000 | $140,500 | $216,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $112,000 | $112,000 | $112,000 | $32,000 | $32,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Spectrum Financial Group, Inc.'s 2004 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 Spectrum Financial Group, 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 Arizona, download the full spreadsheet
with aggregated HMDA statistics today.