In 2014, lenders reported 4,851 mortgage applications in Bayamon Municipio, PR totaling $460.3 million, down 28% from 2013. The average application was for $94,000, and applicants reported an average income of $36,000. 42% of applications resulted in an originated loan and 19% were denied. The most active lender was Banco Popular, with 1,572 applications, followed by Firstbank 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 2003 |
| Total Number of Mortgage Applications | 4,851 |
| Total Mortgage Loan Application Amount | $460,324,000 |
| Average Mortgage Loan Application Amount | $94,000 |
| Highest Mortgage Loan Application Amount | $1,474,000 |
| Average Applicant Income | $36,000 |
| Highest Applicant Income | $994,000 |
| 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 |
* | $ 26,563,000,000 | 1,572 | $ 134,234,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 12,636,531,000 | 729 | $ 69,607,000 |
| Scotiabank De Puerto Rico 290 JESUS T. PIN++ERO SAN JUAN, PR 00918 |
* | $ 5,491,658,000 | 494 | $ 42,985,000 |
| Doral Mortgage LLC DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV SAN JUAN, PR 00921 |
* | $ 11,855,073,000 | 487 | $ 56,904,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 8,100,165,000 | 318 | $ 18,937,000 |
| Doral Bank 268 PONCE DE LEON SUITE 910 SAN JUAN, PR 00918 |
* | $ 7,970,729,000 | 304 | $ 35,669,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ 10,000,000 | 131 | $ 13,136,000 |
| Banco Santander Puerto Rico P O BOX 362589, SAN JUAN, PR 00936 |
* | $ 6,664,323,000 | 102 | $ 9,076,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 71 | $ 9,121,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ 10,000,000 | 53 | $ 5,679,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ 10,000,000 | 46 | $ 5,639,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ 279,615,000 | 45 | $ 5,004,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ 10,000,000 | 41 | $ 4,926,000 |
| Aaa Concordia Mortgage Corp RR-37 BOX 1837 SAN JUAN, PR 00926 |
* | $ 10,000,000 | 37 | $ 3,835,000 |
| Advance Mortgage Bankers, Inc. P.O. BOX 50286 TOA BAJA, PR 00950 |
* | $ 15,555,000 | 35 | $ 3,660,000 |
| First Security Mortgage, Inc. 97 DE DIEGO AVE. SAN FRANCISCO SAN JUAN, PR 00929 |
* | $ 10,000,000 | 34 | $ 3,985,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ 10,000,000 | 34 | $ 4,159,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ 10,000,000 | 30 | $ 3,759,000 |
| Finance of America Reverse LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ 3,125,000 | 27 | $ 2,694,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ 10,000,000 | 25 | $ 2,917,000 |
| Santander Financial Services 207 AVE PONCE DE LEON SAN JUAN, PR 00926 |
* | $ 8,082,156,000 | 23 | $ 1,881,000 |
| Vegacoop APARTADO 1078 VEGA ALTA, PR 00692 |
* | $ 262,934,000 | 20 | $ 1,732,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ 10,000,000 | 18 | $ 2,166,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ 789,772,000 | 17 | $ 1,761,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ 0 | 16 | $ 1,135,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ 10,000,000 | 16 | $ 1,700,000 |
| Village Capital & Investment 2460 PASEO VERDE PKWY SUITE 100 HENDERSON, NV 89074 |
* | $ 11,000,000 | 14 | $ 1,918,000 |
| Midfirst Bank 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,596,388,000 | 14 | $ 1,146,000 |
| Citimortgage, Inc. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 13 | $ 1,032,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ 10,000,000 | 12 | $ 1,494,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ 525,000 | 11 | $ 1,150,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ 10,000,000 | 11 | $ 1,398,000 |
| Aeela Mortgage PO BOX 71502 SAN JUAN, PR 00936 |
* | $ 1,000,000,000 | 11 | $ 1,305,000 |
| Caribe Federal Credit Union 195 ONEIL ST SAN JUAN, PR 00918 |
* | $ 274,118,000 | 5 | $ 663,000 |
| Puerto Rico Federal Credit Uni RESOLUCION 55 ESQ. AVE ROOSEVELT SAN JUAN, PR 00922 |
* | $ 120,932,000 | 4 | $ 240,000 |
| Cooperativa De A\C Oriental PO BOX 876 HUMACAO, PR 00791 |
* | $ 155,431,000 | 4 | $ 600,000 |
| Top Mortgage Bankers PONCE DE LEON AVE. 1913 SANTURCE, PR 00607 |
* | $ 100,000,000 | 4 | $ 424,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 1,861,646,000 | 4 | $ 577,000 |
| The Mortgage House Inc. 915 ROBERTO SANCHEZ VILELA AVE SAN JUAN, PR 00924 |
* | $ 10,000,000 | 3 | $ 257,000 |
| Cooperativa De A/C Arecibo PO BOX 1056 ARECIBO, PR 00613 |
* | $ 10,000,000 | 3 | $ 277,000 |
| Cooperativa De Ahorro Y Crn++Dito Dr. Manuel Zeno Gandn++A PO BOX 1865 ARECIBO, PR 00613 |
* | $ 222,466,000 | 2 | $ 133,000 |
| Cooperativa De A/C Morovena PO BOX 577 MOROVIS, PR 00687 |
* | $ 80,807,158,000 | 2 | $ 197,000 |
| Express Solution Mortgage Corp 1606 PONCE DE LEON AVE. SUITE L-06 SAN JUAN, PR 00909 |
* | $ 15,000,000 | 1 | $ 71,000 |
| Cooperativa De Ac Saulo De Rod APTDO 678, #54 CALLE SAN JOSE GURABO, PR 00778 |
* | $ 44,283,000 | 1 | $ 185,000 |
| Cooperativa La Sagrada Familia CALLE BOU 38 COROZAL, PR 00783 |
* | $ 40,000,000 | 1 | $ 40,000 |
| Coop Agustin Burgos CARR 149 KM 58.0 POBLADO TIERRA SANTA VILLALBA, PR 00766 |
* | $ 42,226,000 | 1 | $ 107,000 |
| American Homestar Mortgage, LLC 2450 SOUTH SHORE BLVD., SUITE 301 LEAGUE CITY, TX 77573 |
* | $ 47,278,000 | 1 | $ 140,000 |
| Credit Union 1 1941 ABBOTT RD ANCHORAGE, AK 99507 |
* | $ 884,641,000 | 1 | $ 15,000 |
| Reverse Mortgage Solutions Inc 14405 WALTERS RD SUITE 200 HOUSTON, TX 77014 |
* | $ 10,978,000 | 1 | $ 150,000 |
| Bank of America NA 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,433,716,000,000 | 1 | $ 376,000 |
| Everbank N.A. 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 17,638,918,000 | 1 | $ 128,000 |
The tables below break down 2014 mortgage applications in Bayamon Municipio, PR 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 | 2,171 | $238,160,000 | $109,000 | $1,474,000 | $35,000 | $994,000 |
| Home Purchase | 1,646 | $195,172,000 | $118,000 | $392,000 | $39,000 | $477,000 |
| Home Improvement | 1,034 | $26,992,000 | $26,000 | $200,000 | $34,000 | $239,000 |
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 | 3,649 | $341,190,000 | $93,000 | $1,474,000 | $38,000 | $540,000 |
| Not applicable | 1,122 | $113,412,000 | $101,000 | $372,000 | $32,000 | $994,000 |
| Not Provided | 37 | $1,468,000 | $39,000 | $172,000 | $27,000 | $229,000 |
| White | 22 | $2,020,000 | $91,000 | $182,000 | $41,000 | $125,000 |
| Black or African American | 13 | $1,502,000 | $115,000 | $199,000 | $48,000 | $116,000 |
| Asian | 7 | $727,000 | $103,000 | $177,000 | $40,000 | $62,000 |
| American Indian or Alaskan Native | 1 | $5,000 | $5,000 | $5,000 | $19,000 | $19,000 |
| 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) | 2,787 | $220,696,000 | $79,000 | $1,474,000 | $45,000 | $994,000 |
| FHA-insured (Federal Housing Administration) | 1,743 | $194,028,000 | $111,000 | $392,000 | $24,000 | $477,000 |
| VA-guaranteed (Veterans Administration) | 274 | $39,875,000 | $145,000 | $351,000 | $32,000 | $207,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 47 | $5,725,000 | $121,000 | $281,000 | $24,000 | $52,000 |
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 | 2,037 | $195,811,000 | $96,000 | $1,278,000 | $39,000 | $540,000 |
| Loan Purchased By The Institution | 1,162 | $117,646,000 | $101,000 | $372,000 | $31,000 | $994,000 |
| Application Denied By Financial Institution | 943 | $69,188,000 | $73,000 | $1,474,000 | $36,000 | $433,000 |
| Application Withdrawn By Applicant | 387 | $44,294,000 | $114,000 | $392,000 | $36,000 | $187,000 |
| File Closed For Incompleteness | 192 | $21,973,000 | $114,000 | $375,000 | $42,000 | $181,000 |
| Application Approved But Not Accepted | 130 | $11,412,000 | $87,000 | $252,000 | $39,000 | $224,000 |
| 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 | 76 | $8,126,000 | $106,000 | $219,000 | $38,000 | $120,000 |
| Debt-To-Income Ratio | 64 | $7,518,000 | $117,000 | $334,000 | $39,000 | $284,000 |
| Collateral | 62 | $7,814,000 | $126,000 | $286,000 | $46,000 | $269,000 |
| Other | 42 | $5,084,000 | $121,000 | $351,000 | $30,000 | $115,000 |
| Employment History | 13 | $1,449,000 | $111,000 | $152,000 | $37,000 | $95,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 13 | $1,190,000 | $91,000 | $155,000 | $13,000 | $76,000 |
| Credit Application Incomplete | 6 | $796,000 | $132,000 | $186,000 | $74,000 | $229,000 |
| Unverifiable Information | 3 | $306,000 | $102,000 | $111,000 | $17,000 | $20,000 |
| Mortgage Insurance Denied | 1 | $67,000 | $67,000 | $67,000 | $33,000 | $33,000 |
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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