In 2010, lenders reported 4,392 mortgage applications in Aguadilla-Isabela-San Sebastian, PR metro area totaling $402.3 million, down 34% from 2009. The average application was for $91,603, and applicants reported an average income of $45,000. 44% of applications resulted in an originated loan and 25% were denied. The most active lender was Banco Popular De Puerto Rico, with 965 applications, followed by Popular Mortgage, Inc. and Scotiabank De Puerto Rico.
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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 | 4,392 |
| Total Mortgage Loan Application Amount | $402,321,000 |
| Average Mortgage Loan Application Amount | $91,603 |
| Highest Mortgage Loan Application Amount | $975,000 |
| Average Applicant Income | $45,000 |
| Highest Applicant Income | $1,510,000 |
| 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 |
* | $ 23,271,000,000 | 965 | $ 14,408,000 |
| Popular Mortgage, Inc. PO BOX 362708 SAN JUAN, PR 00936 |
* | $ 25,691,000,000 | 950 | $ 116,362,000 |
| Scotiabank De Puerto Rico 290 JESUS T. PIN++ERO SAN JUAN, PR 00918 |
* | $ 1,775,127,000 | 504 | $ 49,398,000 |
| Doral Mortgage LLC DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV SAN JUAN, PR 00921 |
* | $ 11,855,073,000 | 305 | $ 34,238,000 |
| Banco Santander P.O.BOX 362589 SAN JUAN, PR 00936 |
* | $ 6,591,027,000 | 255 | $ 26,041,000 |
| Doral Bank 268 PONCE DE LEON SUITE 910 SAN JUAN, PR 00918 |
* | $ 9,288,322,000 | 160 | $ 17,690,000 |
| Firstbank Puerto Rico PO BOX 9146 SANTURCE, PR 00908 |
* | $ 19,616,388,000 | 157 | $ 19,077,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 6,412,164,000 | 137 | $ 16,825,000 |
| Firstmortgage PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 9,582,507,000 | 124 | $ 18,280,000 |
| Cooperativa De A/C Isabela 21 CALLE BARBOSA SUITE 1 ISABELA, PR 00662 |
* | $ 10,000,000 | 110 | $ 10,937,000 |
| Cooperativa De Ahorroy Credito PO BOX 608 RINCON, PR 00677 |
* | $ 10,000,000 | 108 | $ 12,686,000 |
| Cooperativa Ahorro Y Credito Aguadilla APARTADO 541 AGUADILLA, PR 00605 |
* | $ 10,000,000 | 68 | $ 6,935,000 |
| Santander Financial Services P.O. BOX 362589 SAN JUAN, PR 00936 |
* | $ 8,082,156,000 | 59 | $ 4,444,000 |
| Cooperativa De Ahorro Y Credito De Aguada P.O. BOX 543 AGUADA, PR 00602 |
* | $ 10,000,000 | 58 | $ 6,763,000 |
| Banco Bilbao Vizcaya Argentari 254 MUNOZ RIVERA AVE SAN JUAN, PR 00918 |
* | $ 5,519,043,000 | 55 | $ 8,358,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ 10,000,000 | 49 | $ 5,101,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 1,422,795,000 | 48 | $ 4,916,000 |
| Reliable Financial Services PO BOX 21382, MAC F0302-001 SAN JUAN, PR 00928 |
* | $ 481,996,000 | 45 | $ 4,898,000 |
| Finance of America Reverse LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ 3,125,000 | 44 | $ 3,529,000 |
| Aeela Mortgage PO BOX 71502 SAN JUAN, PR 00936 |
* | $ 1,000,000,000 | 18 | $ 1,932,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ 10,000,000 | 16 | $ 2,210,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ 789,772,000 | 13 | $ 1,630,000 |
| Aaa Concordia Mortgage Corp RR-37 BOX 1837 SAN JUAN, PR 00926 |
* | $ 10,000,000 | 13 | $ 1,399,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ 10,000,000 | 12 | $ 1,688,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ 10,000,000 | 12 | $ 1,402,000 |
| Coop Ahorro Y Credito De Lares AVE.LOS PATRIOTAS C/111 KM 8.3 LARES, PR 00669 |
* | $ 10,000,000 | 10 | $ 638,000 |
| First Technology Federal Credit Union HILLSBORO, OR 97124 |
* | $ 2,475,868,000 | 9 | $ 76,000 |
| Express Solution Mortgage Corp 1606 PONCE DE LEON AVE. SUITE L-06 SAN JUAN, PR 00909 |
* | $ 15,000,000 | 9 | $ 1,658,000 |
| Top Mortgage Bankers PONCE DE LEON AVE. 1913 SANTURCE, PR 00607 |
* | $ 100,000,000 | 7 | $ 709,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ 10,000,000 | 7 | $ 705,000 |
| Cooperativa De Ahorro Y Credito Del Bo. Quebrada De Camuy HC 02 BOX 7873 CAMUY, PR 00627 |
* | $ 10,000,000 | 7 | $ 367,000 |
| James B. Nutter & Co. 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ 31,000,000 | 7 | $ 507,000 |
| Jr Mortgage Home 2979 EMILIO FAGOT AVE. SUITE 1 PONCE, PR 00716 |
* | $ 1,395,899,000 | 6 | $ 747,000 |
| First Security Mortgage 97 DE DIEGO AVE. SAN JUAN, PR 00929 |
* | $ 10,000,000 | 5 | $ 974,000 |
| Advance Mortgage Bankers, Inc. P.O. BOX 50286 TOA BAJA, PR 00950 |
* | $ 15,555,000 | 4 | $ 532,000 |
| First Equity Mortgage Bankers 9300 S DADELAND BLVD SUITE 500 MIAMI, FL 33156 |
* | $ 10,000,000 | 4 | $ 491,000 |
| American Airlines Federal Cred 4151 AMON CARTER BLVD FORT WORTH, TX 76155 |
* | $ 5,061,586,000 | 4 | $ 670,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ 10,000,000 | 3 | $ 299,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ 10,000,000 | 3 | $ 230,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ 279,615,000 | 2 | $ 243,000 |
| Cooperativa De Ahorro Y Credito De Camuy 300 AVE. BALTAZAR JIMENEZ MENDEZ CAMUY, PR 00627 |
* | $ 10,000,000 | 2 | $ 127,000 |
| San Rafael Coop CALLE RAFAEL RODR+¡GUEZ, CANAL 1 URB. AVI QUEBRADILLAS, PR 00678 |
* | $ 137,000,000 | 2 | $ 330,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 2 | $ 86,000 |
| Coop Ac De Los Gerenciales De 1200 AVE. PONCE DE LEON SAN JUAN, PR 00987 |
* | $ 70,473,000 | 2 | $ 293,000 |
| Coop Ac De La Industria Biopha VILLA CAROLINA, C9 AVE. ROBERTO CLEMENTE CAROLINA, PR 00985 |
* | $ 10,000,000 | 2 | $ 386,000 |
| Cooperativa De A/C Morovena PO BOX 577 MOROVIS, PR 00687 |
* | $ 80,807,158,000 | 1 | $ 75,000 |
| Origen Financial Services LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 36,000 |
| Puerto Rico Federal Credit Uni RESOLUCION 55 ESQ. AVE ROOSEVELT SAN JUAN, PR 00922 |
* | $ 112,056,000 | 1 | $ 199,000 |
| Pentagon Federal Credit Union 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 13,969,885,000 | 1 | $ 127,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ 525,000 | 1 | $ 100,000 |
| The Mortgage House Inc. 915 ROBERTO SANCHEZ VILELA AVE SAN JUAN, PR 00924 |
* | $ 10,000,000 | 1 | $ 83,000 |
| First Mortgage Capital P.O BOX 550 BAYAMON, PR 00960 |
* | $ 10,000,000 | 1 | $ 231,000 |
| The Mortgage Loan Co. 915 CAMPO RICO AVE SAN JUAN, PR 00924 |
* | $ 10,000,000 | 1 | $ 76,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ 10,000,000 | 1 | $ 130,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ 10,000,000 | 1 | $ 49,000 |
The tables below break down 2010 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.
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 |
|---|---|---|---|---|---|---|
| Refinancing | 1,663 | $198,064,000 | $119,000 | $880,000 | $49,000 | $600,000 |
| Home Purchase | 1,379 | $169,690,000 | $123,000 | $975,000 | $52,000 | $1,510,000 |
| Home Improvement | 1,350 | $34,567,000 | $25,000 | $871,000 | $32,000 | $938,000 |
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 | 3,908 | $348,519,000 | $89,000 | $975,000 | $44,000 | $938,000 |
| Not applicable | 389 | $45,696,000 | $117,000 | $576,000 | $41,000 | $1,510,000 |
| Not Provided | 57 | $1,679,000 | $29,000 | $330,000 | $45,000 | $780,000 |
| White | 34 | $5,978,000 | $175,000 | $880,000 | $125,000 | $504,000 |
| Black or African American | 4 | $449,000 | $112,000 | $166,000 | $46,000 | $58,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 3,062 | $247,772,000 | $80,000 | $975,000 | $49,000 | $1,510,000 |
| FHA-insured (Federal Housing Administration) | 806 | $90,980,000 | $112,000 | $345,000 | $36,000 | $239,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 406 | $45,732,000 | $112,000 | $300,000 | $30,000 | $79,000 |
| VA-guaranteed (Veterans Administration) | 118 | $17,837,000 | $151,000 | $378,000 | $44,000 | $149,000 |
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 | 1,952 | $185,448,000 | $95,000 | $975,000 | $48,000 | $1,510,000 |
| Application Denied By Financial Institution | 1,108 | $69,758,000 | $62,000 | $695,000 | $36,000 | $938,000 |
| Application Withdrawn By Applicant | 467 | $56,614,000 | $121,000 | $521,000 | $52,000 | $569,000 |
| Loan Purchased By The Institution | 460 | $53,604,000 | $116,000 | $600,000 | $38,000 | $1,510,000 |
| File Closed For Incompleteness | 241 | $26,599,000 | $110,000 | $880,000 | $62,000 | $780,000 |
| Application Approved But Not Accepted | 164 | $10,298,000 | $62,000 | $432,000 | $44,000 | $215,000 |
| 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 | 100 | $7,265,000 | $72,000 | $378,000 | $40,000 | $504,000 |
| Debt-To-Income Ratio | 75 | $6,551,000 | $87,000 | $330,000 | $30,000 | $109,000 |
| Collateral | 41 | $4,471,000 | $109,000 | $277,000 | $50,000 | $180,000 |
| Other | 41 | $5,026,000 | $122,000 | $571,000 | $49,000 | $254,000 |
| Unverifiable Information | 20 | $1,726,000 | $86,000 | $294,000 | $63,000 | $342,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $591,000 | $98,000 | $147,000 | $41,000 | $81,000 |
| Credit Application Incomplete | 3 | $119,000 | $39,000 | $104,000 | $28,000 | $55,000 |
| Employment History | 3 | $261,000 | $87,000 | $117,000 | $25,000 | $32,000 |
| 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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