Bayamon Municipio, PR Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 6,006 mortgage applications in Bayamon Municipio, PR totaling $641.6 million, down 2% from 2011. The average application was for $106,000, and applicants reported an average income of $38,000. 47% of applications resulted in an originated loan and 20% were denied. The most active lender was Banco Popular, with 1,957 applications, followed by Scotiabank De Puerto Rico and Doral Mortgage LLC.

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Total Number of Mortgage Applications 6,006
Total Mortgage Loan Application Amount $641,570,000
Average Mortgage Loan Application Amount $106,000
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $38,000
Highest Applicant Income $7,282,000

Mortgage Company List for Lending in Bayamon Municipio, PR for 2012

* 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
PO BOX 362708
SAN JUAN, PR 00936
* $ 27,941,000,000 1,957 $ 172,328,000
Scotiabank De Puerto Rico
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 6,740,450,000 782 $ 88,075,000
Doral Mortgage LLC
DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV
SAN JUAN, PR 00921
* $ 11,855,073,000 497 $ 58,924,000
Doral Bank
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 7,241,449,000 422 $ 50,323,000
Firstbank
PO BOX 9146
SAN JUAN, PR 00908
* $ 13,111,660,000 400 $ 48,601,000
Firstmortgage
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 231 $ 26,081,000
Banco Santander Puerto Rico
P O BOX 362589,
SAN JUAN, PR 00936
* $ 6,587,459,000 185 $ 16,645,000
The Moneyhouse Inc.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 139 $ 15,818,000
Oriental Bank
PO BOX 195115
SAN JUAN, PR 00919
* $ 6,642,161,000 136 $ 14,030,000
Banco Bilbao Vizcaya Argentari
254 MU?OZ RIVERA AVE.,
SAN JUAN, PR 00936
* $ 5,016,217,000 131 $ 17,209,000
Emi Equity Mortgage, Inc.
1651 PONCE DE LEON AVE, SUITE 102
SAN JUAN, PR 00909
* $ 10,000,000 130 $ 15,142,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 116 $ 11,094,000
Preferred Mortgage LLC
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 77 $ 9,784,000
Senior Mortgage Banker
1239 ROOSEVELT AVE
SAN JUAN, PR 00920
* $ 0 68 $ 7,234,000
Metro Island Mortgage
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 68 $ 7,940,000
Trust Mortgage Corp.
EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS
SAN JUAN, PR 00923
* $ 279,615,000 58 $ 6,660,000
First Security Mortgage, Inc.
97 DE DIEGO AVE. SAN FRANCISCO
SAN JUAN, PR 00929
* $ 10,000,000 56 $ 6,576,000
Rf Mortgage & Investment Corp
PO BOX 361309
SAN JUAN, PR 00936
* $ 10,000,000 54 $ 7,410,000
Vig Mortgage
1225 PONCE DE LEON VIG TOWER SUITE B-J
SAN JUAN, PR 00907
* $ 789,772,000 49 $ 5,773,000
Advance Mortgage Bankers, Inc.
P.O. BOX 50286
TOA BAJA, PR 00950
* $ 15,555,000 49 $ 6,465,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 44 $ 5,789,000
First Equity Mortgage Bankers Inc.
9300 S DADELAND BLVD STE 500
MIAMI, FL 33156
* $ 10,000,000 44 $ 5,629,000
Actual Mortgage Bankers
PO BOX 2808
BAYAMON, PR 00960
* $ 10,000,000 41 $ 4,883,000
Home Mortgage Bankers
AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F
CAROLINA, PR 00983
* $ 10,000,000 35 $ 4,364,000
Aaa Concordia Mortgage Corp
RR-37 BOX 1837
SAN JUAN, PR 00926
* $ 10,000,000 35 $ 4,332,000
The Lending Center Corporation
G-8 ONEILL STREET
SAN JUAN, PR 00918
* $ 525,000 31 $ 3,418,000
Aeela Mortgage
PO BOX 71502
SAN JUAN, PR 00936
* $ 1,000,000,000 21 $ 2,309,000
Hr Mortgage Corp
M11 CALLE ROBLE, VILLA TURABO
CAGUAS, PR 00725
* $ 10,000,000 19 $ 2,674,000
Vegacoop
APARTADO 1078
VEGA ALTA, PR 00692
* $ 262,934,000 17 $ 1,409,000
Hispania Mortgage
AVE. DEGETAU A-14 BONNEVILLE TERRACE
CAGUAS, PR 00725
* $ 947,000 17 $ 2,157,000
Latin American Financlal
1700 JESUS T. PINERO AVE 2ND FL STE 26
SAN JUAN, PR 00921
* $ 10,000,000 13 $ 2,190,000
Santander Financial Services
P.O. BOX 71504
SAN JUAN, PR 00936
* $ 8,082,156,000 13 $ 745,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 12 $ 1,227,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 8 $ 868,000
Multiples Mortgage Corp.
761 AVE. LUIS MUNOZ RIVERA,
SAN JUAN, PR 00918
* $ 10,000,000 7 $ 2,177,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 687,000
Cooperativa De A\C Oriental
PO BOX 876
HUMACAO, PR 00791
* $ 155,431,000 6 $ 966,000
Rbs Mortgage Corporation
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 6 $ 832,000
Puerto Rico Federal Credit Uni
RESOLUCION 55 ESQ. AVE ROOSEVELT
SAN JUAN, PR 00922
* $ 111,093,000 5 $ 451,000
Express Solution Mortgage Corp
1606 PONCE DE LEON AVE. SUITE L-06
SAN JUAN, PR 00909
* $ 15,000,000 5 $ 712,000
The Mortgage House Inc.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 3 $ 258,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,056,671,000 2 $ 245,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 2 $ 16,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 1 $ 150,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 1 $ 500,000
Cooperativa A/C Hnos Unidos
229 CALLE DUARTE
SAN JUAN, PR 00917
* $ 52,826,000 1 $ 49,000
Cooperativa A/C Caribe Coop.
P.O. BOX 560547
GUAYANILLA, PR 00656
* $ 100,068,000 1 $ 90,000
Cooperativa De A/C Isabela
21 CALLE BARBOSA SUITE 1
ISABELA, PR 00662
* $ 10,000,000 1 $ 78,000
Cooperativa De Ahorro Y Crn++Dito Dr. Manuel Zeno Gandn++A
PO BOX 1865
ARECIBO, PR 00613
* $ 222,466,000 1 $ 30,000
Cooperativa La Sagrada Familia
CALLE BOU 38
COROZAL, PR 00783
* $ 40,000,000 1 $ 75,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 5,912,333,000 1 $ 88,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,580,221,000 1 $ 60,000

The tables below break down 2012 mortgage applications in Bayamon Municipio, PR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Bayamon Municipio, PR in 2012

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 3,137 $385,568,000 $122,000 $1,500,000 $39,000 $7,282,000
Home Purchase 1,966 $230,448,000 $117,000 $417,000 $37,000 $425,000
Home Improvement 903 $25,554,000 $28,000 $350,000 $34,000 $393,000

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 5,110 $536,501,000 $104,000 $1,500,000 $41,000 $7,282,000
Not applicable 842 $101,040,000 $120,000 $445,000 $19,000 $212,000
Not Provided 30 $1,329,000 $44,000 $279,000 $27,000 $72,000
White 22 $2,500,000 $113,000 $322,000 $42,000 $150,000
Native Hawaiian or Other Pacific Islander 1 $74,000 $74,000 $74,000 $0 $0
Asian 1 $126,000 $126,000 $126,000 $35,000 $35,000
Black or African American 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 3,096 $278,094,000 $89,000 $1,500,000 $49,000 $7,282,000
FHA-insured (Federal Housing Administration) 2,648 $321,011,000 $121,000 $589,000 $24,000 $258,000
VA-guaranteed (Veterans Administration) 237 $39,540,000 $166,000 $387,000 $44,000 $212,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 25 $2,925,000 $117,000 $204,000 $28,000 $66,000

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 2,825 $301,695,000 $106,000 $1,500,000 $41,000 $7,282,000
Application Denied By Financial Institution 1,186 $106,073,000 $89,000 $589,000 $39,000 $554,000
Loan Purchased By The Institution 1,145 $133,556,000 $116,000 $445,000 $22,000 $632,000
Application Withdrawn By Applicant 467 $58,529,000 $125,000 $417,000 $47,000 $480,000
File Closed For Incompleteness 243 $28,743,000 $118,000 $417,000 $44,000 $304,000
Application Approved But Not Accepted 140 $12,974,000 $92,000 $400,000 $37,000 $205,000
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 94 $10,852,000 $115,000 $500,000 $40,000 $186,000
Collateral 84 $11,574,000 $137,000 $374,000 $50,000 $240,000
Debt-To-Income Ratio 50 $5,794,000 $115,000 $350,000 $34,000 $106,000
Other 43 $5,065,000 $117,000 $262,000 $35,000 $136,000
Employment History 18 $2,091,000 $116,000 $181,000 $38,000 $105,000
Insufficient Cash (Downpayment, Closing Cost) 15 $1,757,000 $117,000 $172,000 $18,000 $46,000
Unverifiable Information 9 $1,220,000 $135,000 $290,000 $49,000 $147,000
Credit Application Incomplete 7 $795,000 $113,000 $145,000 $29,000 $45,000
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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