Bayamon Municipio, PR Mortgage Lenders & HMDA Data, 2021
In 2021, lenders reported 3,229 mortgage applications in Bayamon Municipio, PR totaling $448.4 million, up 2% from 2020. The average application was for $138,000, and applicants reported an average income of $59,000. 52% of applications resulted in an originated loan and 13% were denied. The most active lender was Banco Popular, with 727 applications, followed by The Moneyhouse Inc. and Firstbank.
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Puerto Rico.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| 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 | 3,229 |
| Total Mortgage Loan Application Amount | $448,385,000 |
| Average Mortgage Loan Application Amount | $138,000 |
| Highest Mortgage Loan Application Amount | $2,165,000 |
| Average Applicant Income | $59,000 |
| Highest Applicant Income | $1,684,000 |
Top Mortgage Lenders in Bayamon Municipio, PR (2021)
Ranked by the number of mortgage applications each lender reported in Bayamon Municipio, PR in 2021.
| # | Mortgage Lender | Mortgage Applications | Total Dollar Amount | Average Loan Amount | Average Applicant Income |
|---|---|---|---|---|---|
| 1 | Banco Popular San Juan, PR |
727 | $101,195,000 | $139,000 | $78,000 |
| 2 | The Moneyhouse Inc. San Juan, PR |
406 | $50,210,000 | $123,000 | $39,000 |
| 3 | Firstbank San Juan, PR |
366 | $54,350,000 | $148,000 | $67,000 |
| 4 | Oriental Bank San Juan, PR |
311 | $40,345,000 | $129,000 | $65,000 |
| 5 | First Equity Mortgage Bankers Inc. Miami, FL |
230 | $39,760,000 | $172,000 | $69,000 |
| 6 | Preferred Mortgage LLC San Juan, PR |
130 | $18,490,000 | $142,000 | $53,000 |
| 7 | Sun West Mortgage Company, Inc Cerritos, CA |
109 | $16,645,000 | $152,000 | $58,000 |
| 8 | Trust Mortgage Corp. San Juan, PR |
104 | $13,380,000 | $128,000 | $44,000 |
| 9 | Metro Island Mortgage Rio Piedras, PR |
99 | $12,505,000 | $126,000 | $40,000 |
| 10 | Planet Home Lending, LLC Meriden, CT |
97 | $20,095,000 | $207,000 | $0 |
The tables below break down 2021 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 2021
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 | 2,222 | $327,560,000 | $147,000 | $1,575,000 | $60,000 | $1,684,000 |
| Refinancing | 524 | $61,810,000 | $117,000 | $445,000 | $52,000 | $374,000 |
| Cash-out Refinancing | 317 | $39,425,000 | $124,000 | $2,165,000 | $63,000 | $1,025,000 |
| Not Applicable | 135 | $16,315,000 | $120,000 | $245,000 | $0 | $0 |
| Other Purpose | 25 | $2,605,000 | $104,000 | $195,000 | $60,000 | $255,000 |
| Home Improvement | 6 | $670,000 | $111,000 | $235,000 | $93,000 | $134,000 |
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 | 2,474 | $340,580,000 | $137,000 | $2,165,000 | $58,000 | $1,684,000 |
| Not applicable | 641 | $86,615,000 | $135,000 | $545,000 | $0 | $0 |
| White | 71 | $12,855,000 | $181,000 | $1,575,000 | $73,000 | $584,000 |
| Not Provided | 24 | $5,060,000 | $210,000 | $1,505,000 | $87,000 | $481,000 |
| Black or African American | 12 | $1,650,000 | $137,000 | $185,000 | $55,000 | $155,000 |
| Asian | 6 | $1,500,000 | $250,000 | $485,000 | $150,000 | $196,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 1,817 | $245,035,000 | $134,000 | $395,000 | $45,000 | $829,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,170 | $163,400,000 | $139,000 | $2,165,000 | $76,000 | $1,684,000 |
| VA-guaranteed (Veterans Administration) | 178 | $31,170,000 | $175,000 | $525,000 | $66,000 | $311,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 64 | $8,780,000 | $137,000 | $295,000 | $37,000 | $77,000 |
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 | 1,678 | $237,430,000 | $141,000 | $2,165,000 | $57,000 | $1,025,000 |
| Loan Purchased By The Institution | 644 | $86,990,000 | $135,000 | $545,000 | $0 | $0 |
| Application Denied By Financial Institution | 435 | $58,465,000 | $134,000 | $1,505,000 | $56,000 | $843,000 |
| Application Withdrawn By Applicant | 271 | $39,855,000 | $147,000 | $1,575,000 | $71,000 | $696,000 |
| File Closed For Incompleteness | 128 | $16,330,000 | $127,000 | $495,000 | $73,000 | $1,684,000 |
| Application Approved But Not Accepted | 73 | $9,315,000 | $127,000 | $385,000 | $60,000 | $165,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,794 | $389,920,000 | $139,000 | $2,165,000 | $60,000 | $1,684,000 |
| Collateral | 214 | $27,850,000 | $130,000 | $1,505,000 | $60,000 | $843,000 |
| Debt-To-Income Ratio | 80 | $12,320,000 | $154,000 | $685,000 | $50,000 | $183,000 |
| Credit History | 55 | $7,115,000 | $129,000 | $385,000 | $64,000 | $326,000 |
| Other | 28 | $3,540,000 | $126,000 | $385,000 | $43,000 | $130,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 18 | $2,480,000 | $137,000 | $395,000 | $49,000 | $174,000 |
| Employment History | 17 | $2,195,000 | $129,000 | $395,000 | $36,000 | $75,000 |
| Unverifiable Information | 16 | $2,120,000 | $132,000 | $255,000 | $49,000 | $107,000 |
| Mortgage Insurance Denied | 4 | $460,000 | $115,000 | $125,000 | $65,000 | $70,000 |
| Credit Application Incomplete | 3 | $385,000 | $128,000 | $155,000 | $51,000 | $71,000 |
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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About