Spectrum Financial Group, Inc.
Mortgage Loan Application
Totals and Details
for 2004
Find mortgage loan statistics, lending data, and loan application totals for Arizona.
The mortgage statistics and data below are specific to mortgage loan applications for Spectrum Financial Group, Inc..
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 | 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 |
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 AZ, 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 |
|---|---|---|---|---|
| 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 |
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 Arizona,
and search the same numbers and information back through 2003.
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 |
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 AZ, 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 Arizona, and search similar information at your convenience.