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| Location |
Quebradillas County PR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 578 |
| Total Amount of All Mortgage Loans Applied For | $46,386,000 |
| Average Mortgage Loan Amount Applied For | $80,000 |
| Highest Mortgage Loan Amount Applied For | $504,000 |
| Average Applicant Income | $40,000 |
| Highest Applicant Income | $338,000 |
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|
| Home Improvement |
197 | $5,632,000 |
$28,000 | $217,000 |
$34,000 | $250,000 |
| Home Purchase |
176 | $18,283,000 |
$103,000 | $504,000 |
$43,000 | $338,000 |
| Refinancing |
205 | $22,471,000 |
$109,000 | $349,000 |
$42,000 | $207,000 |
|
| 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 |
540 | $43,087,000 |
$79,000 | $504,000 |
$40,000 | $338,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
32 | $3,015,000 |
$94,000 | $190,000 |
$33,000 | $141,000 |
| Not Provided |
3 | $42,000 |
$14,000 | $20,000 |
$15,000 | $28,000 |
| White |
3 | $242,000 |
$80,000 | $100,000 |
$60,000 | $103,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
465 | $33,781,000 |
$72,000 | $504,000 |
$41,000 | $338,000 |
| FHA-insured (Federal Housing Administration) |
79 | $9,267,000 |
$117,000 | $256,000 |
$37,000 | $101,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
32 | $3,041,000 |
$95,000 | $159,000 |
$27,000 | $64,000 |
| VA-guaranteed (Veterans Administration) |
2 | $297,000 |
$148,000 | $174,000 |
$96,000 | $141,000 |
|
| Application Approved But Not Accepted |
27 | $1,893,000 |
$70,000 | $450,000 |
$40,000 | $201,000 |
| Application Denied By Financial Institution |
170 | $10,267,000 |
$60,000 | $323,000 |
$35,000 | $338,000 |
| Application Withdrawn By Applicant |
58 | $5,045,000 |
$86,000 | $300,000 |
$44,000 | $250,000 |
| File Closed For Incompleteness |
30 | $3,007,000 |
$100,000 | $288,000 |
$47,000 | $337,000 |
| Loan Originated |
250 | $21,771,000 |
$87,000 | $504,000 |
$41,000 | $207,000 |
| Loan Purchased By The Institution |
43 | $4,403,000 |
$102,000 | $312,000 |
$36,000 | $141,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
4 | $330,000 |
$82,000 | $111,000 |
$43,000 | $59,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
13 | $761,000 |
$58,000 | $140,000 |
$32,000 | $66,000 |
| Debt-To-Income Ratio |
9 | $675,000 |
$75,000 | $180,000 |
$28,000 | $95,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $138,000 |
$23,000 | $90,000 |
$19,000 | $32,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $476,000 |
$68,000 | $120,000 |
$30,000 | $52,000 |
| Unverifiable Information |
2 | $25,000 |
$12,000 | $20,000 |
$92,000 | $168,000 |
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