Aguadilla-Isabela-San Sebastian, PR Metro Area Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 7,592 mortgage applications in Aguadilla-Isabela-San Sebastian, PR metro area totaling $670.1 million, down 8% from 2007. The average application was for $88,258, and applicants reported an average income of $47,000. 47% of applications resulted in an originated loan and 27% were denied. The most active lender was Banco Popular De Puerto Rico, with 1,365 applications, followed by Popular Mortgage, Inc. and Doral Mortgage LLC.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 7,592
Total Mortgage Loan Application Amount $670,059,000
Average Mortgage Loan Application Amount $88,258
Highest Mortgage Loan Application Amount $1,700,000
Average Applicant Income $47,000
Highest Applicant Income $4,084,000

Mortgage Company List for Lending in Aguadilla-Isabela-San Sebastian, PR for 2008

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Banco Popular De Puerto Rico
PO BOX 362708
SAN JUAN, PR 00936
* $ 26,742,000,000 1,365 $ 16,643,000
Popular Mortgage, Inc.
PO BOX 362708
SAN JUAN, PR 00936
* $ 25,691,000,000 1,296 $ 160,830,000
Doral Mortgage LLC
DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV
SAN JUAN, PR 00921
* $ 11,855,073,000 692 $ 69,857,000
Westernbak Puerto Rico
PO BOX 1180
MAYAGUEZ, PR 00681
* $ 17,936,278,000 652 $ 37,809,000
Doral Bank
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 7,642,115,000 405 $ 35,917,000
R & G Mortgage Corporation
P O BOX 362394
SAN JUAN, PR 00936
* $ 8,011,488,000 371 $ 42,523,000
Banco Santander
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 8,289,250,000 365 $ 36,023,000
R-G Premier Bank of P.R.
PO BOX 2510
GUAYNABO, PR 00970
* $ 7,424,734,000 360 $ 37,659,000
Firstmortgage
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 189 $ 23,110,000
Cooperativa De Ahorroy Credito
PO BOX 608
RINCON, PR 00677
* $ 10,000,000 186 $ 25,127,000
Scotiabank De Puerto Rico
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,547,096,000 177 $ 18,239,000
Firstbank Puerto Rico
PO BOX 9146
SANTURCE, PR 00908
* $ 16,259,720,000 176 $ 20,304,000
Santander Financial Services
P.O. BOX 362589
SAN JUAN, PR 00936
* $ 8,082,156,000 157 $ 12,510,000
Banco Bilbao Vizcaya Argentari
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00918
* $ 6,588,855,000 144 $ 22,813,000
Citifinancial
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,745,248,000 139 $ 9,513,000
Cooperativa De A/C Isabela
21 CALLE BARBOSA SUITE 1
ISABELA, PR 00662
* $ 10,000,000 130 $ 11,252,000
Oriental Bank
PO BOX 195115
SAN JUAN, PR 00919
* $ 5,644,198,000 113 $ 14,615,000
Cooperativa De Ahorro Y Credito De Aguada
P.O. BOX 543
AGUADA, PR 00602
* $ 10,000,000 110 $ 13,125,000
Popular Finance, Inc.
PO BOX 362708
SAN JUAN, PR 00936
* $ 25,691,000,000 74 $ 4,370,000
Cooperativa Ahorro Y Credito Aguadilla
APARTADO 541
AGUADILLA, PR 00605
* $ 10,000,000 52 $ 5,525,000
Aeela Mortgage
PO BOX 71502
SAN JUAN, PR 00936
* $ 10,000,000 45 $ 4,935,000
Eurobank
PO BOX 191009
SAN JUAN, PR 00926
* $ 2,750,773,000 38 $ 5,507,000
Reliable Financial Services
PO BOX 21382, MAC F0302-001
SAN JUAN, PR 00928
* $ 481,996,000 38 $ 4,981,000
Preferred Mortgage LLC
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 37 $ 3,255,000
Golden Mortgage Bankers
CALLE BORI 1534 URB. BELISA
SAN JUAN, PR 00927
* $ 10,000,000 31 $ 3,682,000
The Mortgage House Inc.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 30 $ 3,110,000
The Moneyhouse Inc.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 23 $ 5,017,000
Express Solution Mortgage Corp
1606 PONCE DE LEON AVE. SUITE L-06
SAN JUAN, PR 00909
* $ 15,000,000 18 $ 2,156,000
Mortgage One Group
PO BOX 142213
ARECIBO, PR 00614
* $ 10,000,000 16 $ 1,613,000
Aaa Concordia Mortgage Corp
RR-37 BOX 1837
SAN JUAN, PR 00926
* $ 10,000,000 14 $ 1,373,000
First Mortgage Capital
P.O BOX 550
BAYAMON, PR 00960
* $ 10,000,000 13 $ 2,584,000
First Equity Mortgage Bankers
9300 S DADELAND BLVD SUITE 500
MIAMI, FL 33156
* $ 10,000,000 12 $ 1,563,000
Beewee Mortgage Bankers Corpor
PO BOX 16065
SAN JUAN, PR 00908
* $ 10,000,000 10 $ 867,000
Advance Mortgage Bankers, Inc.
P.O. BOX 50286
TOA BAJA, PR 00950
* $ 15,555,000 10 $ 1,188,000
Rf Mortgage & Investment Corp
PO BOX 361309
SAN JUAN, PR 00936
* $ 10,000,000 9 $ 966,000
Cooperativa De Ahorro Y Credito Del Bo. Quebrada De Camuy
HC 02 BOX 7873
CAMUY, PR 00627
* $ 10,000,000 8 $ 383,000
Cooperativa Ahorro Y Credito A
CARR. #2 KM. 142.8 MARGINAL BO. CARACOL
ANASCO, PR 00610
* $ 10,000,000 8 $ 559,000
Coop Ahorro Y Credito De Lares
AVE.LOS PATRIOTAS C/111 KM 8.3
LARES, PR 00669
* $ 10,000,000 8 $ 620,000
Pentagon Federal Credit Union
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 11,238,962,000 8 $ 1,028,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,304,756,000 6 $ 505,000
Multiples Mortgage Corp.
761 AVE. LUIS MUNOZ RIVERA,
SAN JUAN, PR 00918
* $ 10,000,000 6 $ 751,000
Metro Island Mortgage
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 6 $ 875,000
Jr Mortgage Home
2979 EMILIO FAGOT AVE. SUITE 1
PONCE, PR 00716
* $ 1,395,899,000 5 $ 379,000
Citifinancial Plus
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 279,830,959,000 5 $ 323,000
Emi Equity Mortgage, Inc.
1651 PONCE DE LEON AVE, SUITE 102
SAN JUAN, PR 00909
* $ 10,000,000 4 $ 328,000
Cooperativa De A/C Arecibo
PO BOX 1056
ARECIBO, PR 00613
* $ 10,000,000 4 $ 135,000
San Rafael Coop
CALLE RAFAEL RODR+¡GUEZ, CANAL 1 URB. AVI
QUEBRADILLAS, PR 00678
* $ 137,000,000 3 $ 252,000
Coop Ac De La Industria Biopha
VILLA CAROLINA, C9 AVE. ROBERTO CLEMENTE
CAROLINA, PR 00985
* $ 10,000,000 3 $ 405,000
World Mortgage Bankers
1108 AVE. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 3 $ 391,000
First Security Mortgage
97 DE DIEGO AVE.
SAN JUAN, PR 00929
* $ 10,000,000 3 $ 436,000
Rbs Mortgage Corporation
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 3 $ 421,000
Hr Mortgage Corp
M11 CALLE ROBLE, VILLA TURABO
CAGUAS, PR 00725
* $ 10,000,000 2 $ 288,000
Cooperativa De Ahorro Y Crn++Dito Dr. Manuel Zeno Gandn++A
PO BOX 1865
ARECIBO, PR 00613
* $ 222,466,000 2 $ 166,000
Cooperativa De Ahorro Y Credito De Camuy
300 AVE. BALTAZAR JIMENEZ MENDEZ
CAMUY, PR 00627
* $ 10,000,000 1 $ 32,000
Cooperativa De A/C De Adjuntas
8 PRIMO DELGADO ST ADJUNTAS,PR 00601
00601, PR 00601
* $ 10,000,000 1 $ 65,000
Cooperativa A/C Cabo Rojo
PR 100 KM. 7.0 BO.MIRADERO
CABO ROJO, PR 00623
* $ 10,000,000 1 $ 131,000
Cooperativa De Ac Hatillo
PO BOX 95
HATILLO, PR 00659
* $ 97,971,000 1 $ 350,000
Home Mortgage Bankers
AVE. SANCHEZ OSORIO 3BS-5 VFP
CAROLINA, PR 00983
* $ 10,000,000 1 $ 139,000
Merrill Lynch Credit Corp.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 1 $ 525,000
Nfcu
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 1 $ 8,000
First Technology Federal Credit Union

HILLSBORO, OR 97124
* $ 2,064,299,000 1 $ 3,000

The tables below break down 2008 mortgage applications in Aguadilla-Isabela-San Sebastian, PR metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Aguadilla-Isabela-San Sebastian, PR in 2008

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 3,072 $359,601,000 $117,000 $1,250,000 $57,000 $4,084,000
Home Improvement 2,447 $63,723,000 $26,000 $417,000 $30,000 $758,000
Refinancing 2,073 $246,735,000 $119,000 $1,700,000 $53,000 $1,089,000

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
Hispanic 6,885 $587,424,000 $85,000 $1,700,000 $46,000 $4,084,000
Not applicable 525 $58,381,000 $111,000 $1,250,000 $49,000 $1,310,000
White 113 $18,916,000 $167,000 $710,000 $99,000 $600,000
Not Provided 61 $3,949,000 $64,000 $1,600,000 $24,000 $118,000
Black or African American 5 $784,000 $156,000 $261,000 $116,000 $157,000
Asian 3 $605,000 $201,000 $325,000 $93,000 $157,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 6,061 $502,878,000 $82,000 $1,700,000 $50,000 $4,084,000
FHA-insured (Federal Housing Administration) 897 $99,817,000 $111,000 $333,000 $38,000 $201,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 597 $61,798,000 $103,000 $255,000 $29,000 $70,000
VA-guaranteed (Veterans Administration) 37 $5,566,000 $150,000 $415,000 $53,000 $227,000

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 3,584 $334,901,000 $93,000 $1,211,000 $50,000 $1,208,000
Application Denied By Financial Institution 2,028 $136,810,000 $67,000 $1,700,000 $36,000 $600,000
Application Withdrawn By Applicant 778 $82,993,000 $106,000 $1,250,000 $50,000 $1,310,000
Loan Purchased By The Institution 592 $63,474,000 $107,000 $469,000 $46,000 $530,000
Application Approved But Not Accepted 358 $27,893,000 $77,000 $500,000 $70,000 $4,084,000
File Closed For Incompleteness 252 $23,988,000 $95,000 $596,000 $56,000 $758,000
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 271 $23,317,000 $86,000 $1,600,000 $40,000 $600,000
Debt-To-Income Ratio 201 $17,818,000 $88,000 $1,115,000 $33,000 $243,000
Collateral 87 $10,320,000 $118,000 $710,000 $68,000 $505,000
Other 82 $6,031,000 $73,000 $313,000 $36,000 $123,000
Insufficient Cash (Downpayment, Closing Cost) 55 $3,656,000 $66,000 $338,000 $43,000 $390,000
Employment History 26 $1,781,000 $68,000 $178,000 $22,000 $68,000
Credit Application Incomplete 22 $2,456,000 $111,000 $313,000 $54,000 $200,000
Unverifiable Information 13 $901,000 $69,000 $200,000 $40,000 $138,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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