Cabo Rojo Municipio, PR Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,131 mortgage applications in Cabo Rojo Municipio, PR totaling $102.2 million, down 28% from 2013. The average application was for $90,000, and applicants reported an average income of $57,000. 48% of applications resulted in an originated loan and 24% were denied. The most active lender was Banco Popular, with 505 applications, followed by Oriental Bank and Doral Mortgage LLC.

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 1,131
Total Mortgage Loan Application Amount $102,246,000
Average Mortgage Loan Application Amount $90,000
Highest Mortgage Loan Application Amount $556,000
Average Applicant Income $57,000
Highest Applicant Income $1,220,000
Download the Puerto Rico Lender List

Top Mortgage Lenders in Cabo Rojo Municipio, PR (2014)

Ranked by the number of mortgage applications each lender reported in Cabo Rojo Municipio, PR in 2014.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Banco Popular
San Juan, PR
505 $38,184,000 $75,000 $62,000
2 Oriental Bank
San Juan, PR
117 $12,070,000 $103,000 $63,000
3 Doral Mortgage LLC
San Juan, PR
91 $7,981,000 $87,000 $24,000
4 Firstbank
San Juan, PR
91 $9,572,000 $105,000 $67,000
5 Scotiabank De Puerto Rico
San Juan, PR
87 $9,461,000 $108,000 $49,000
6 Doral Bank
San Juan, PR
68 $5,703,000 $83,000 $17,000
7 Banco Santander Puerto Rico
San Juan, PR
39 $5,030,000 $128,000 $136,000
8 The Moneyhouse Inc.
San Juan, PR
15 $1,261,000 $84,000 $21,000
9 Cooperativa A/C Cabo Rojo
Cabo Rojo, PR
15 $1,360,000 $90,000 $60,000
10 Advance Mortgage Bankers, Inc.
Toa Baja, PR
15 $1,830,000 $122,000 $64,000

See every lender active in Cabo Rojo Municipio, PR in 2014 »

The tables below break down 2014 mortgage applications in Cabo Rojo 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 Cabo Rojo Municipio, PR in 2014

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 463 $49,389,000 $106,000 $415,000 $58,000 $1,206,000
Home Purchase 377 $47,219,000 $125,000 $556,000 $70,000 $1,220,000
Home Improvement 291 $5,638,000 $19,000 $361,000 $38,000 $450,000

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 984 $88,379,000 $89,000 $556,000 $60,000 $1,220,000
Not applicable 133 $11,964,000 $89,000 $361,000 $34,000 $300,000
White 8 $1,254,000 $156,000 $298,000 $91,000 $349,000
Black or African American 4 $402,000 $100,000 $122,000 $59,000 $72,000
Not Provided 2 $247,000 $123,000 $239,000 $2,000 $5,000
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) 756 $62,791,000 $83,000 $556,000 $72,000 $1,220,000
FHA-insured (Federal Housing Administration) 201 $17,985,000 $89,000 $244,000 $19,000 $240,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 129 $15,534,000 $120,000 $235,000 $33,000 $80,000
VA-guaranteed (Veterans Administration) 45 $5,936,000 $131,000 $275,000 $41,000 $154,000

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 543 $49,460,000 $91,000 $380,000 $59,000 $1,093,000
Application Denied By Financial Institution 268 $19,049,000 $71,000 $305,000 $45,000 $450,000
Loan Purchased By The Institution 139 $12,739,000 $91,000 $361,000 $33,000 $300,000
Application Withdrawn By Applicant 108 $13,508,000 $125,000 $556,000 $93,000 $1,220,000
Application Approved But Not Accepted 43 $3,422,000 $79,000 $245,000 $51,000 $172,000
File Closed For Incompleteness 30 $4,068,000 $135,000 $556,000 $117,000 $1,206,000
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 20 $1,755,000 $87,000 $163,000 $41,000 $86,000
Collateral 12 $1,567,000 $130,000 $261,000 $55,000 $188,000
Debt-To-Income Ratio 9 $1,236,000 $137,000 $305,000 $56,000 $136,000
Other 5 $666,000 $133,000 $203,000 $30,000 $73,000
Credit Application Incomplete 3 $459,000 $153,000 $291,000 $34,000 $76,000
Insufficient Cash (Downpayment, Closing Cost) 1 $61,000 $61,000 $61,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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.

Download the Puerto Rico Lender List