|
| Location |
San Lorenzo County PR
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 1,171 |
| Total Amount of All Mortgage Loans Applied For | $106,658,000 |
| Average Mortgage Loan Amount Applied For | $91,000 |
| Highest Mortgage Loan Amount Applied For | $329,000 |
| Average Applicant Income | $41,000 |
| Highest Applicant Income | $1,039,000 |
|
|
|
| Home Improvement |
372 | $9,742,000 |
$26,000 | $216,000 |
$31,000 | $533,000 |
| Home Purchase |
478 | $64,865,000 |
$135,000 | $329,000 |
$50,000 | $1,039,000 |
| Refinancing |
321 | $32,051,000 |
$99,000 | $293,000 |
$39,000 | $120,000 |
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
1 | $88,000 |
$88,000 | $88,000 |
$36,000 | $36,000 |
| Hispanic |
1,024 | $91,196,000 |
$89,000 | $329,000 |
$41,000 | $1,039,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
127 | $14,532,000 |
$114,000 | $287,000 |
$38,000 | $286,000 |
| Not Provided |
15 | $447,000 |
$29,000 | $100,000 |
$32,000 | $89,000 |
| White |
4 | $395,000 |
$98,000 | $193,000 |
$37,000 | $60,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
809 | $55,207,000 |
$68,000 | $329,000 |
$42,000 | $1,039,000 |
| FHA-insured (Federal Housing Administration) |
249 | $34,926,000 |
$140,000 | $299,000 |
$41,000 | $120,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
99 | $14,041,000 |
$141,000 | $287,000 |
$32,000 | $85,000 |
| VA-guaranteed (Veterans Administration) |
14 | $2,484,000 |
$177,000 | $284,000 |
$49,000 | $94,000 |
|
| Application Approved But Not Accepted |
51 | $3,369,000 |
$66,000 | $224,000 |
$47,000 | $212,000 |
| Application Denied By Financial Institution |
324 | $23,103,000 |
$71,000 | $329,000 |
$32,000 | $120,000 |
| Application Withdrawn By Applicant |
95 | $11,054,000 |
$116,000 | $293,000 |
$64,000 | $1,039,000 |
| File Closed For Incompleteness |
36 | $3,525,000 |
$97,000 | $234,000 |
$42,000 | $146,000 |
| Loan Originated |
529 | $50,145,000 |
$94,000 | $299,000 |
$42,000 | $286,000 |
| Loan Purchased By The Institution |
136 | $15,462,000 |
$113,000 | $287,000 |
$38,000 | $286,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
11 | $957,000 |
$87,000 | $285,000 |
$38,000 | $89,000 |
| Credit Application Incomplete |
4 | $159,000 |
$39,000 | $71,000 |
$31,000 | $45,000 |
| Credit History |
37 | $4,143,000 |
$111,000 | $266,000 |
$43,000 | $120,000 |
| Debt-To-Income Ratio |
20 | $3,043,000 |
$152,000 | $329,000 |
$47,000 | $117,000 |
| Employment History |
5 | $501,000 |
$100,000 | $148,000 |
$33,000 | $45,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $274,000 |
$54,000 | $203,000 |
$27,000 | $42,000 |
| Mortgage Insurance Denied |
1 | $40,000 |
$40,000 | $40,000 |
$26,000 | $26,000 |
| Other |
5 | $530,000 |
$106,000 | $255,000 |
$29,000 | $43,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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