Spectrum Financial Group, Inc.
Mortgage Loan Application
Totals and Details
for 2005
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 | 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 |
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 | 2,129 | $ 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 |
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 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 |
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.