Spectra Credit Union
Mortgage Loan Application
Totals and Details
for 2010
Find mortgage loan statistics, lending data, and loan application totals for Virginia.
The mortgage statistics and data below are specific to mortgage loan applications for Spectra Credit Union.
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 2003-2022.
| Mortgage Company & Address | Spectra Credit Union 5440 Cherokee Ave Suite 200 Alexandria, VA 22312 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 401 |
| Total Mortgage Loan Application Amount | $85,934,000 |
| Average Mortgage Loan Application Amount | $217,333 |
| Highest Mortgage Loan Application Amount | $800,000 |
| Average Applicant Income | $151,333 |
| Highest Applicant Income | $1,928,000 |
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 VA, 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 |
|---|---|---|---|---|
| Fairfax County Virginia | 72 | $ 19,799,000 | $ 274,000 | $ 165,000 |
| Charles County Maryland | 48 | $ 8,802,000 | $ 183,000 | $ 154,000 |
| Prince George's County Maryland | 48 | $ 9,015,000 | $ 187,000 | $ 120,000 |
| Montgomery County Maryland | 26 | $ 6,279,000 | $ 241,000 | $ 167,000 |
| Calvert County Maryland | 22 | $ 5,043,000 | $ 229,000 | $ 131,000 |
| St. Mary's County Maryland | 19 | $ 3,954,000 | $ 208,000 | $ 123,000 |
| District of Columbia County District Of Columbia | 15 | $ 4,224,000 | $ 281,000 | $ 145,000 |
| Anne Arundel County Maryland | 15 | $ 3,306,000 | $ 220,000 | $ 153,000 |
| Prince William County Virginia | 9 | $ 1,699,000 | $ 188,000 | $ 156,000 |
| Arlington County Virginia | 7 | $ 1,742,000 | $ 248,000 | $ 116,000 |
| Frederick County Maryland | 6 | $ 1,582,000 | $ 263,000 | $ 151,000 |
| Alexandria County Virginia | 6 | $ 1,314,000 | $ 219,000 | $ 229,000 |
| Howard County Maryland | 5 | $ 1,496,000 | $ 299,000 | $ 183,000 |
| Carroll County Maryland | 4 | $ 600,000 | $ 150,000 | $ 143,000 |
| Orange County Virginia | 4 | $ 430,000 | $ 107,000 | $ 119,000 |
| Middlesex County Massachusetts | 3 | $ 857,000 | $ 285,000 | $ 155,000 |
| Horry County South Carolina | 3 | $ 367,000 | $ 122,000 | $ 155,000 |
| Brevard County Florida | 2 | $ 200,000 | $ 100,000 | $ 156,000 |
| Orange County Florida | 2 | $ 188,000 | $ 94,000 | $ 111,000 |
| St. Tammany County Louisiana | 2 | $ 340,000 | $ 170,000 | $ 184,000 |
| Baltimore City County Maryland | 2 | $ 275,000 | $ 137,000 | $ 42,000 |
| Worcester County Maryland | 2 | $ 346,000 | $ 173,000 | $ 116,000 |
| Morris County New Jersey | 2 | $ 518,000 | $ 259,000 | $ 219,000 |
| Brunswick County North Carolina | 2 | $ 226,000 | $ 113,000 | $ 84,000 |
| Buncombe County North Carolina | 2 | $ 386,000 | $ 193,000 | $ 203,000 |
| Adams County Pennsylvania | 2 | $ 423,000 | $ 211,000 | $ 124,000 |
| Fauquier County Virginia | 2 | $ 496,000 | $ 248,000 | $ 91,000 |
| King George County Virginia | 2 | $ 129,000 | $ 64,000 | $ 232,000 |
| Loudoun County Virginia | 2 | $ 529,000 | $ 264,000 | $ 160,000 |
| Spotsylvania County Virginia | 2 | $ 712,000 | $ 356,000 | $ 120,000 |
| Stafford County Virginia | 2 | $ 334,000 | $ 167,000 | $ 120,000 |
| Westmoreland County Virginia | 2 | $ 137,000 | $ 68,000 | $ 51,000 |
| Madison County Alabama | 1 | $ 34,000 | $ 34,000 | $ 143,000 |
| San Joaquin County California | 1 | $ 92,000 | $ 92,000 | $ 49,000 |
| Boulder County Colorado | 1 | $ 300,000 | $ 300,000 | $ 163,000 |
| Broomfield County Colorado | 1 | $ 205,000 | $ 205,000 | $ 147,000 |
| La Plata County Colorado | 1 | $ 238,000 | $ 238,000 | $ 281,000 |
| Hartford County Connecticut | 1 | $ 145,000 | $ 145,000 | $ 150,000 |
| Kent County Delaware | 1 | $ 182,000 | $ 182,000 | $ 75,000 |
| New Castle County Delaware | 1 | $ 766,000 | $ 766,000 | $ 347,000 |
| Broward County Florida | 1 | $ 60,000 | $ 60,000 | $ 229,000 |
| Palm Beach County Florida | 1 | $ 52,000 | $ 52,000 | $ 74,000 |
| Seminole County Florida | 1 | $ 165,000 | $ 165,000 | $ 65,000 |
| Volusia County Florida | 1 | $ 60,000 | $ 60,000 | $ 34,000 |
| DeKalb County Georgia | 1 | $ 185,000 | $ 185,000 | $ 112,000 |
| Fulton County Georgia | 1 | $ 275,000 | $ 275,000 | $ 88,000 |
| Cook County Illinois | 1 | $ 178,000 | $ 178,000 | $ 117,000 |
| Allen County Indiana | 1 | $ 185,000 | $ 185,000 | $ 160,000 |
| Daviess County Kentucky | 1 | $ 70,000 | $ 70,000 | $ 155,000 |
| Queen Anne's County Maryland | 1 | $ 290,000 | $ 290,000 | $ 44,000 |
| Talbot County Maryland | 1 | $ 221,000 | $ 221,000 | $ 87,000 |
| Wicomico County Maryland | 1 | $ 200,000 | $ 200,000 | $ 103,000 |
| Anoka County Minnesota | 1 | $ 160,000 | $ 160,000 | $ 127,000 |
| Mercer County New Jersey | 1 | $ 278,000 | $ 278,000 | $ 197,000 |
| Dutchess County New York | 1 | $ 250,000 | $ 250,000 | $ 232,000 |
| Erie County New York | 1 | $ 134,000 | $ 134,000 | $ 113,000 |
| Montgomery County New York | 1 | $ 80,000 | $ 80,000 | $ 59,000 |
| Westchester County New York | 1 | $ 362,000 | $ 362,000 | $ 146,000 |
| Chowan County North Carolina | 1 | $ 180,000 | $ 180,000 | $ 81,000 |
| Currituck County North Carolina | 1 | $ 600,000 | $ 600,000 | $ 271,000 |
| Dare County North Carolina | 1 | $ 110,000 | $ 110,000 | $ 85,000 |
| Durham County North Carolina | 1 | $ 59,000 | $ 59,000 | $ 126,000 |
| New Hanover County North Carolina | 1 | $ 272,000 | $ 272,000 | $ 120,000 |
| Onslow County North Carolina | 1 | $ 173,000 | $ 173,000 | $ 66,000 |
| Pamlico County North Carolina | 1 | $ 124,000 | $ 124,000 | $ 253,000 |
| Pender County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 85,000 |
| Union County North Carolina | 1 | $ 36,000 | $ 36,000 | $ 122,000 |
| Wake County North Carolina | 1 | $ 8,000 | $ 8,000 | $ 108,000 |
| Morrow County Ohio | 1 | $ 157,000 | $ 157,000 | $ 229,000 |
| Trumbull County Ohio | 1 | $ 71,000 | $ 71,000 | $ 16,000 |
| Erie County Pennsylvania | 1 | $ 49,000 | $ 49,000 | $ 41,000 |
| Aiken County South Carolina | 1 | $ 128,000 | $ 128,000 | $ 102,000 |
| Oconee County South Carolina | 1 | $ 160,000 | $ 160,000 | $ 132,000 |
| Sullivan County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 69,000 |
| Washington County Tennessee | 1 | $ 180,000 | $ 180,000 | $ 89,000 |
| Salt Lake County Utah | 1 | $ 32,000 | $ 32,000 | $ 84,000 |
| Windham County Vermont | 1 | $ 72,000 | $ 72,000 | $ 7,000 |
| Botetourt County Virginia | 1 | $ 346,000 | $ 346,000 | $ 204,000 |
| Chesterfield County Virginia | 1 | $ 155,000 | $ 155,000 | $ 61,000 |
| Culpeper County Virginia | 1 | $ 200,000 | $ 200,000 | $ 38,000 |
| Fairfax City County Virginia | 1 | $ 167,000 | $ 167,000 | $ 137,000 |
| Frederick County Virginia | 1 | $ 166,000 | $ 166,000 | $ 50,000 |
| Giles County Virginia | 1 | $ 120,000 | $ 120,000 | $ 102,000 |
| Henrico County Virginia | 1 | $ 359,000 | $ 359,000 | $ 160,000 |
| Manassas Park County Virginia | 1 | $ 185,000 | $ 185,000 | $ 177,000 |
| Montgomery County Virginia | 1 | $ 100,000 | $ 100,000 | $ 143,000 |
| Richmond City County Virginia | 1 | $ 150,000 | $ 150,000 | $ 71,000 |
| Salem County Virginia | 1 | $ 40,000 | $ 40,000 | $ 73,000 |
| Shenandoah County Virginia | 1 | $ 80,000 | $ 80,000 | $ 188,000 |
| Jefferson County West Virginia | 1 | $ 140,000 | $ 140,000 | $ 130,000 |
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 Virginia,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Spectra Credit Union in 2010
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 | 335 | $69,712,000 | $208,000 | $730,000 | $145,000 | $1,928,000 |
| Home Purchase | 59 | $14,866,000 | $251,000 | $800,000 | $134,000 | $347,000 |
| Home Improvement | 7 | $1,356,000 | $193,000 | $381,000 | $175,000 | $235,000 |
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 | 272 | $58,230,000 | $214,000 | $766,000 | $138,000 | $381,000 |
| Not Provided | 63 | $13,543,000 | $214,000 | $800,000 | $155,000 | $329,000 |
| Black or African American | 45 | $8,280,000 | $184,000 | $448,000 | $159,000 | $1,928,000 |
| Asian | 11 | $3,538,000 | $321,000 | $528,000 | $148,000 | $386,000 |
| Hispanic | 7 | $1,983,000 | $283,000 | $600,000 | $153,000 | $271,000 |
| American Indian or Alaskan Native | 2 | $335,000 | $167,000 | $285,000 | $141,000 | $219,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $25,000 | $25,000 | $25,000 | $153,000 | $153,000 |
| 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) | 401 | $85,934,000 | $214,000 | $800,000 | $144,000 | $1,928,000 |
| 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 |
| VA-guaranteed (Veterans Administration) | 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 | 302 | $63,358,000 | $209,000 | $800,000 | $143,000 | $386,000 |
| File Closed For Incompleteness | 34 | $6,936,000 | $204,000 | $419,000 | $185,000 | $1,928,000 |
| Application Denied By Financial Institution | 33 | $7,087,000 | $214,000 | $730,000 | $116,000 | $279,000 |
| Application Withdrawn By Applicant | 30 | $7,916,000 | $263,000 | $600,000 | $139,000 | $326,000 |
| Application Approved But Not Accepted | 2 | $637,000 | $318,000 | $337,000 | $159,000 | $163,000 |
| 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 | 8 | $1,548,000 | $193,000 | $265,000 | $63,000 | $94,000 |
| Debt-To-Income Ratio | 4 | $655,000 | $163,000 | $210,000 | $82,000 | $249,000 |
| Collateral | 3 | $493,000 | $164,000 | $272,000 | $119,000 | $138,000 |
| Credit Application Incomplete | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 VA, 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 Virginia, and search similar information at your convenience.