|
| Location |
Guayama County PR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,459 |
| Total Amount of All Mortgage Loans Applied For | $106,866,000 |
| Average Mortgage Loan Amount Applied For | $73,000 |
| Highest Mortgage Loan Amount Applied For | $540,000 |
| Average Applicant Income | $48,000 |
| Highest Applicant Income | $2,461,000 |
|
|
|
| Home Improvement |
393 | $9,729,000 |
$24,000 | $292,000 |
$36,000 | $499,000 |
| Home Purchase |
717 | $63,730,000 |
$88,000 | $472,000 |
$54,000 | $2,461,000 |
| Refinancing |
349 | $33,407,000 |
$95,000 | $540,000 |
$51,000 | $399,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
1,240 | $88,561,000 |
$71,000 | $540,000 |
$46,000 | $2,461,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
199 | $17,538,000 |
$88,000 | $396,000 |
$63,000 | $2,461,000 |
| Not Provided |
12 | $117,000 |
$9,000 | $32,000 |
$29,000 | $54,000 |
| White |
8 | $650,000 |
$81,000 | $136,000 |
$42,000 | $68,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
890 | $56,809,000 |
$63,000 | $540,000 |
$59,000 | $2,461,000 |
| FHA-insured (Federal Housing Administration) |
486 | $42,609,000 |
$87,000 | $238,000 |
$32,000 | $195,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
78 | $7,028,000 |
$90,000 | $171,000 |
$29,000 | $120,000 |
| VA-guaranteed (Veterans Administration) |
5 | $420,000 |
$84,000 | $100,000 |
$38,000 | $59,000 |
|
| Application Approved But Not Accepted |
62 | $4,739,000 |
$76,000 | $451,000 |
$54,000 | $270,000 |
| Application Denied By Financial Institution |
375 | $20,148,000 |
$53,000 | $290,000 |
$37,000 | $499,000 |
| Application Withdrawn By Applicant |
126 | $12,100,000 |
$96,000 | $540,000 |
$46,000 | $348,000 |
| File Closed For Incompleteness |
46 | $3,536,000 |
$76,000 | $256,000 |
$44,000 | $168,000 |
| Loan Originated |
637 | $47,434,000 |
$74,000 | $476,000 |
$51,000 | $2,461,000 |
| Loan Purchased By The Institution |
213 | $18,909,000 |
$88,000 | $396,000 |
$62,000 | $2,461,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
16 | $1,123,000 |
$70,000 | $210,000 |
$41,000 | $148,000 |
| Credit Application Incomplete |
8 | $359,000 |
$44,000 | $97,000 |
$38,000 | $60,000 |
| Credit History |
59 | $4,645,000 |
$78,000 | $238,000 |
$35,000 | $108,000 |
| Debt-To-Income Ratio |
38 | $3,275,000 |
$86,000 | $193,000 |
$35,000 | $134,000 |
| Employment History |
1 | $51,000 |
$51,000 | $51,000 |
$15,000 | $15,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $184,000 |
$46,000 | $110,000 |
$26,000 | $42,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $467,000 |
$77,000 | $137,000 |
$73,000 | $244,000 |
| Unverifiable Information |
1 | $51,000 |
$51,000 | $51,000 |
$13,000 | $13,000 |
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