Spectrum Financial Group, Inc.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Spectrum Financial Group, Inc. 2005 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 | 4,899 |
| Total Mortgage Loan Application Amount | $827,618,000 |
| Average Mortgage Loan Application Amount | $180,032 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $78,419 |
| Highest Applicant Income | $1,992,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 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 2005 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 2005.
| 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 | 2,129 | $ 321,366,000 | $ 150,000 | $ 90,000 |
| Clark County Nevada | 2,050 | $ 368,125,000 | $ 179,000 | $ 21,000 |
| Pinal County Arizona | 123 | $ 12,981,000 | $ 105,000 | $ 117,000 |
| Los Angeles County California | 53 | $ 13,946,000 | $ 263,000 | $ 72,000 |
| Pima County Arizona | 43 | $ 6,242,000 | $ 145,000 | $ 76,000 |
| Mohave County Arizona | 32 | $ 3,253,000 | $ 101,000 | $ 87,000 |
| Orange County California | 32 | $ 12,858,000 | $ 401,000 | $ 215,000 |
| Navajo County Arizona | 30 | $ 3,690,000 | $ 123,000 | $ 186,000 |
| San Diego County California | 28 | $ 9,571,000 | $ 341,000 | $ 122,000 |
| Yavapai County Arizona | 26 | $ 4,658,000 | $ 179,000 | $ 96,000 |
| Riverside County California | 22 | $ 5,908,000 | $ 268,000 | $ 97,000 |
| San Bernardino County California | 20 | $ 4,581,000 | $ 229,000 | $ 101,000 |
| Bernalillo County New Mexico | 19 | $ 2,079,000 | $ 109,000 | $ 151,000 |
| King County Washington | 17 | $ 4,172,000 | $ 245,000 | $ 101,000 |
| Washoe County Nevada | 11 | $ 3,733,000 | $ 339,000 | $ 74,000 |
| Salt Lake County Utah | 10 | $ 1,470,000 | $ 147,000 | $ 24,000 |
| Coconino County Arizona | 8 | $ 1,952,000 | $ 244,000 | $ 112,000 |
| Prince George's County Maryland | 6 | $ 1,001,000 | $ 166,000 | $ 71,000 |
| Greene County Missouri | 6 | $ 576,000 | $ 96,000 | $ 90,000 |
| Utah County Utah | 6 | $ 1,852,000 | $ 308,000 | $ 309,000 |
| Washington County Utah | 6 | $ 1,144,000 | $ 190,000 | $ 97,000 |
| Sacramento County California | 5 | $ 1,195,000 | $ 239,000 | $ 118,000 |
| Montgomery County Maryland | 5 | $ 1,129,000 | $ 225,000 | $ 84,000 |
| Gila County Arizona | 4 | $ 638,000 | $ 159,000 | $ 102,000 |
| Alameda County California | 4 | $ 1,624,000 | $ 406,000 | $ 45,000 |
| Napa County California | 4 | $ 1,287,000 | $ 321,000 | $ 75,000 |
| Stanislaus County California | 4 | $ 1,113,000 | $ 278,000 | $ 114,000 |
| La Plata County Colorado | 4 | $ 179,000 | $ 44,000 | $ 156,000 |
| Anne Arundel County Maryland | 4 | $ 664,000 | $ 166,000 | $ 47,000 |
| Baltimore County Maryland | 4 | $ 557,000 | $ 139,000 | $ 52,000 |
| Clackamas County Oregon | 4 | $ 580,000 | $ 145,000 | $ 0 |
| Washington County Oregon | 4 | $ 473,000 | $ 118,000 | $ 103,000 |
| Spokane County Washington | 4 | $ 265,000 | $ 66,000 | $ 44,000 |
| Contra Costa County California | 3 | $ 789,000 | $ 263,000 | $ 105,000 |
| Fresno County California | 3 | $ 1,021,000 | $ 340,000 | $ 101,000 |
| Kern County California | 3 | $ 422,000 | $ 140,000 | $ 24,000 |
| Monterey County California | 3 | $ 654,000 | $ 218,000 | $ 235,000 |
| San Francisco County California | 3 | $ 1,290,000 | $ 430,000 | $ 279,000 |
| Santa Clara County California | 3 | $ 1,316,000 | $ 438,000 | $ 211,000 |
| Baltimore City County Maryland | 3 | $ 143,000 | $ 47,000 | $ 89,000 |
| Carson City County Nevada | 3 | $ 640,000 | $ 213,000 | $ 175,000 |
| Lyon County Nevada | 3 | $ 612,000 | $ 204,000 | $ 125,000 |
| White Pine County Nevada | 3 | $ 186,000 | $ 62,000 | $ 15,000 |
| San Juan County New Mexico | 3 | $ 315,000 | $ 105,000 | $ 64,000 |
| Sandoval County New Mexico | 3 | $ 266,000 | $ 88,000 | $ 332,000 |
| Pierce County Washington | 3 | $ 517,000 | $ 172,000 | $ 119,000 |
| Cochise County Arizona | 2 | $ 228,000 | $ 114,000 | $ 90,000 |
| Yuma County Arizona | 2 | $ 325,000 | $ 162,000 | $ 144,000 |
| San Joaquin County California | 2 | $ 656,000 | $ 328,000 | $ 56,000 |
| Solano County California | 2 | $ 652,000 | $ 326,000 | $ 72,000 |
| Ventura County California | 2 | $ 695,000 | $ 347,000 | $ 0 |
| Boulder County Colorado | 2 | $ 595,000 | $ 297,000 | $ 0 |
| Denver County Colorado | 2 | $ 412,000 | $ 206,000 | $ 51,000 |
| Park County Colorado | 2 | $ 230,000 | $ 115,000 | $ 47,000 |
| Columbia County Florida | 2 | $ 265,000 | $ 132,000 | $ 0 |
| Bonner County Idaho | 2 | $ 241,000 | $ 120,000 | $ 66,000 |
| Kootenai County Idaho | 2 | $ 513,000 | $ 256,000 | $ 121,000 |
| Frederick County Maryland | 2 | $ 359,000 | $ 179,000 | $ 73,000 |
| Washington County Maryland | 2 | $ 210,000 | $ 105,000 | $ 0 |
| Worcester County Maryland | 2 | $ 430,000 | $ 215,000 | $ 144,000 |
| Anoka County Minnesota | 2 | $ 279,000 | $ 139,000 | $ 76,000 |
| Chisago County Minnesota | 2 | $ 642,000 | $ 321,000 | $ 107,000 |
| Hennepin County Minnesota | 2 | $ 364,000 | $ 182,000 | $ 42,000 |
| Pine County Minnesota | 2 | $ 113,000 | $ 56,000 | $ 134,000 |
| Scott County Minnesota | 2 | $ 703,000 | $ 351,000 | $ 45,000 |
| Jackson County Missouri | 2 | $ 221,000 | $ 110,000 | $ 456,000 |
| Laclede County Missouri | 2 | $ 215,000 | $ 107,000 | $ 53,000 |
| Stone County Missouri | 2 | $ 200,000 | $ 100,000 | $ 0 |
| Douglas County Nevada | 2 | $ 465,000 | $ 232,000 | $ 68,000 |
| Elko County Nevada | 2 | $ 175,000 | $ 87,000 | $ 85,000 |
| Grant County New Mexico | 2 | $ 131,000 | $ 65,000 | $ 102,000 |
| Bexar County Texas | 2 | $ 187,000 | $ 93,000 | $ 0 |
| Dallas County Texas | 2 | $ 252,000 | $ 126,000 | $ 138,000 |
| Travis County Texas | 2 | $ 183,000 | $ 91,000 | $ 0 |
| Williamson County Texas | 2 | $ 264,000 | $ 132,000 | $ 720,000 |
| Chelan County Washington | 2 | $ 350,000 | $ 175,000 | $ 180,000 |
| Clallam County Washington | 2 | $ 211,000 | $ 105,000 | $ 120,000 |
| Clark County Washington | 2 | $ 476,000 | $ 238,000 | $ 0 |
| Okanogan County Washington | 2 | $ 165,000 | $ 82,000 | $ 99,000 |
| Graham County Arizona | 1 | $ 102,000 | $ 102,000 | $ 0 |
| Butte County California | 1 | $ 143,000 | $ 143,000 | $ 0 |
| Calaveras County California | 1 | $ 286,000 | $ 286,000 | $ 72,000 |
| El Dorado County California | 1 | $ 186,000 | $ 186,000 | $ 60,000 |
| Placer County California | 1 | $ 200,000 | $ 200,000 | $ 60,000 |
| Plumas County California | 1 | $ 448,000 | $ 448,000 | $ 149,000 |
| Sonoma County California | 1 | $ 234,000 | $ 234,000 | $ 101,000 |
| Douglas County Colorado | 1 | $ 348,000 | $ 348,000 | $ 131,000 |
| Larimer County Colorado | 1 | $ 239,000 | $ 239,000 | $ 190,000 |
| San Miguel County Colorado | 1 | $ 255,000 | $ 255,000 | $ 324,000 |
| Teller County Colorado | 1 | $ 217,000 | $ 217,000 | $ 0 |
| Ada County Idaho | 1 | $ 180,000 | $ 180,000 | $ 112,000 |
| Canyon County Idaho | 1 | $ 139,000 | $ 139,000 | $ 0 |
| Shoshone County Idaho | 1 | $ 76,000 | $ 76,000 | $ 101,000 |
| Cecil County Maryland | 1 | $ 240,000 | $ 240,000 | $ 119,000 |
| Harford County Maryland | 1 | $ 311,000 | $ 311,000 | $ 60,000 |
| St. Mary's County Maryland | 1 | $ 184,000 | $ 184,000 | $ 0 |
| Washtenaw County Michigan | 1 | $ 113,000 | $ 113,000 | $ 0 |
| Dakota County Minnesota | 1 | $ 324,000 | $ 324,000 | $ 72,000 |
| Sherburne County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 134,000 |
| Wright County Minnesota | 1 | $ 280,000 | $ 280,000 | $ 96,000 |
| St. Louis County Missouri | 1 | $ 268,000 | $ 268,000 | $ 110,000 |
| Taney County Missouri | 1 | $ 171,000 | $ 171,000 | $ 102,000 |
| Nye County Nevada | 1 | $ 149,000 | $ 149,000 | $ 57,000 |
| Storey County Nevada | 1 | $ 177,000 | $ 177,000 | $ 97,000 |
| Dona Ana County New Mexico | 1 | $ 180,000 | $ 180,000 | $ 49,000 |
| Santa Fe County New Mexico | 1 | $ 345,000 | $ 345,000 | $ 84,000 |
| Hood River County Oregon | 1 | $ 156,000 | $ 156,000 | $ 51,000 |
| Jackson County Oregon | 1 | $ 248,000 | $ 248,000 | $ 94,000 |
| Klamath County Oregon | 1 | $ 177,000 | $ 177,000 | $ 84,000 |
| Marion County Oregon | 1 | $ 196,000 | $ 196,000 | $ 82,000 |
| Multnomah County Oregon | 1 | $ 463,000 | $ 463,000 | $ 192,000 |
| Summit County Utah | 1 | $ 500,000 | $ 500,000 | $ 360,000 |
| Newport News County Virginia | 1 | $ 176,000 | $ 176,000 | $ 0 |
| Kitsap County Washington | 1 | $ 291,000 | $ 291,000 | $ 65,000 |
| Snohomish County Washington | 1 | $ 172,000 | $ 172,000 | $ 65,000 |
Mortgage Loan Application Detail Totals for Spectrum Financial Group, Inc. in 2005
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 | 3,520 | $527,606,000 | $168,933 | $1,470,000 | $94,066 | $1,992,000 |
| Refinancing | 1,377 | $299,684,000 | $194,214 | $2,000,000 | $72,857 | $1,562,000 |
| Home Improvement | 2 | $328,000 | $164,000 | $248,000 | $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 | 2,854 | $488,550,000 | $167,600 | $2,000,000 | $120,800 | $1,378,000 |
| Not Provided | 867 | $151,188,000 | $180,937 | $1,200,000 | $64,125 | $1,992,000 |
| Hispanic | 645 | $96,632,000 | $215,500 | $840,000 | $92,000 | $1,200,000 |
| Asian | 317 | $54,538,000 | $201,428 | $1,000,000 | $50,428 | $421,000 |
| Black or African American | 167 | $27,481,000 | $159,400 | $650,000 | $42,400 | $295,000 |
| Native Hawaiian or Other Pacific Islander | 45 | $8,464,000 | $230,000 | $660,000 | $48,400 | $324,000 |
| American Indian or Alaskan Native | 4 | $765,000 | $184,500 | $284,000 | $176,000 | $360,000 |
| 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) | 4,898 | $827,479,000 | $168,882 | $2,000,000 | $82,529 | $1,992,000 |
| VA-guaranteed (Veterans Administration) | 1 | $139,000 | $139,000 | $139,000 | $0 | $0 |
| 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 |
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 | 3,319 | $553,340,000 | $178,307 | $2,000,000 | $144,384 | $1,562,000 |
| Application Denied By Financial Institution | 505 | $83,156,000 | $191,363 | $1,803,000 | $86,545 | $455,000 |
| Application Approved But Not Accepted | 478 | $86,327,000 | $207,916 | $998,000 | $50,500 | $1,200,000 |
| Application Withdrawn By Applicant | 430 | $72,185,000 | $171,333 | $971,000 | $36,066 | $1,992,000 |
| File Closed For Incompleteness | 167 | $32,610,000 | $204,833 | $1,200,000 | $8,000 | $333,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 128 | $22,182,000 | $173,000 | $1,803,000 | $40,000 | $455,000 |
| Other | 114 | $16,071,000 | $232,833 | $700,000 | $118,000 | $360,000 |
| Unverifiable Information | 104 | $15,905,000 | $169,600 | $1,000,000 | $85,800 | $300,000 |
| Debt-To-Income Ratio | 54 | $10,110,000 | $266,750 | $676,000 | $147,750 | $420,000 |
| Collateral | 40 | $8,488,000 | $197,500 | $1,270,000 | $92,000 | $400,000 |
| Credit Application Incomplete | 39 | $6,226,000 | $146,500 | $694,000 | $103,250 | $343,000 |
| Employment History | 9 | $1,796,000 | $199,000 | $640,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $1,258,000 | $144,000 | $352,000 | $24,333 | $92,000 |
| Mortgage Insurance Denied | 2 | $190,000 | $95,000 | $152,000 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Spectrum Financial Group, Inc.'s 2005 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.