|
| Location |
Hormigueros County PR
• Apply Here |
| Year | 2010 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 2009 2010 |
| Total Number of Mortgage Applications | 394 |
| Total Amount of All Mortgage Loans Applied For | $27,368,000 |
| Average Mortgage Loan Amount Applied For | $69,000 |
| Highest Mortgage Loan Amount Applied For | $230,000 |
| Average Applicant Income | $34,000 |
| Highest Applicant Income | $535,000 |
|
|
|
| Home Improvement |
123 | $2,815,000 |
$22,000 | $125,000 |
$30,000 | $535,000 |
| Home Purchase |
157 | $13,733,000 |
$87,000 | $230,000 |
$36,000 | $124,000 |
| Refinancing |
114 | $10,820,000 |
$94,000 | $216,000 |
$35,000 | $361,000 |
|
| 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 |
359 | $24,748,000 |
$68,000 | $230,000 |
$35,000 | $535,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $2,279,000 |
$87,000 | $158,000 |
$17,000 | $72,000 |
| Not Provided |
6 | $227,000 |
$37,000 | $107,000 |
$34,000 | $59,000 |
| White |
3 | $114,000 |
$38,000 | $75,000 |
$33,000 | $45,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
234 | $10,639,000 |
$45,000 | $216,000 |
$35,000 | $535,000 |
| FHA-insured (Federal Housing Administration) |
145 | $14,881,000 |
$102,000 | $224,000 |
$31,000 | $287,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $65,000 |
$65,000 | $65,000 |
$24,000 | $24,000 |
| VA-guaranteed (Veterans Administration) |
14 | $1,783,000 |
$127,000 | $230,000 |
$38,000 | $63,000 |
|
| Application Approved But Not Accepted |
17 | $738,000 |
$43,000 | $161,000 |
$32,000 | $77,000 |
| Application Denied By Financial Institution |
111 | $5,691,000 |
$51,000 | $224,000 |
$40,000 | $535,000 |
| Application Withdrawn By Applicant |
49 | $4,037,000 |
$82,000 | $197,000 |
$32,000 | $92,000 |
| File Closed For Incompleteness |
22 | $1,733,000 |
$78,000 | $213,000 |
$31,000 | $98,000 |
| Loan Originated |
166 | $12,617,000 |
$76,000 | $230,000 |
$33,000 | $124,000 |
| Loan Purchased By The Institution |
29 | $2,552,000 |
$88,000 | $158,000 |
$20,000 | $72,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
1 | $216,000 |
$216,000 | $216,000 |
$361,000 | $361,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $734,000 |
$81,000 | $146,000 |
$30,000 | $63,000 |
| Debt-To-Income Ratio |
2 | $185,000 |
$92,000 | $109,000 |
$28,000 | $35,000 |
| 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 |
2 | $176,000 |
$88,000 | $106,000 |
$46,000 | $53,000 |
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