Carolina Municipio, PR Mortgage Lenders & HMDA Data, 2020
In 2020, lenders reported 2,520 mortgage applications in Carolina Municipio, PR totaling $330.6 million, up 36% from 2019. The average application was for $131,000, and applicants reported an average income of $66,000. 36% of applications resulted in an originated loan and 11% were denied. The most active lender was Banco Popular, with 1,141 applications, followed by Firstbank and Oriental Bank.
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 | 2,520 |
| Total Mortgage Loan Application Amount | $330,610,000 |
| Average Mortgage Loan Application Amount | $131,000 |
| Highest Mortgage Loan Application Amount | $5,125,000 |
| Average Applicant Income | $66,000 |
| Highest Applicant Income | $692,000 |
| 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 |
* | $ 41,627,000,000 | 1,141 | $ 146,495,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 12,597,360,000 | 256 | $ 35,710,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 9,253,736,000 | 200 | $ 26,840,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ -1,000 | 128 | $ 16,600,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ -1,000 | 92 | $ 12,870,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ -1,000 | 89 | $ 10,275,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ -1,000 | 69 | $ 9,055,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 68 | $ 8,620,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ -1,000 | 59 | $ 6,485,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 56 | $ 7,830,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 24,774,361,000 | 43 | $ 7,075,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ -1,000 | 39 | $ 5,585,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ -1,000 | 37 | $ 4,455,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ -1,000 | 31 | $ 3,595,000 |
| Capital Mortgage 206 ELEANOR ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 28 | $ 5,130,000 |
| Coop. De A/C La Puertorrique+¦A AVE. ANA G. MÉNDEZ, 9729 PR-176 KM 1.1 SAN JUAN, PR 00921 |
* | $ -1,000 | 24 | $ 2,740,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ -1,000 | 22 | $ 3,420,000 |
| Calcon Mutual Mortgage LLC 3131 CAMINO DEL RIO N SUITE 1680 SAN DIEGO, CA 92108 |
* | $ -1,000 | 19 | $ 3,145,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ -1,000 | 19 | $ 2,225,000 |
| Planet Home Lending, LLC 321 RESEARCH PARKWAY SUITE 303 MERIDEN, CT 06450 |
* | $ -1,000 | 18 | $ 2,610,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ -1,000 | 13 | $ 1,455,000 |
| Banco Santander Puerto Rico P O BOX 362589, SAN JUAN, PR 00936 |
* | $ 6,005,654,000 | 11 | $ 1,395,000 |
| Caribe Federal Credit Union 195 ONEIL ST SAN JUAN, PR 00918 |
* | $ 422,363,000 | 9 | $ 1,135,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ -1,000 | 7 | $ 735,000 |
| Coopaca Mortgage PO BOX 1056 ARECIBO, PR 00613 |
* | $ -1,000 | 6 | $ 610,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ -1,000 | 6 | $ 640,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ -1,000 | 5 | $ 595,000 |
| Village Capital & Investment 2460 PASEO VERDE PKWY SUITE 100 HENDERSON, NV 89074 |
* | $ -1,000 | 5 | $ 735,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 3,921,403,000 | 3 | $ 865,000 |
| Cooperativa De Ahorro Y Crn++Dito Dr. Manuel Zeno Gandn++A PO BOX 1865 ARECIBO, PR 00613 |
* | $ -1,000 | 3 | $ 295,000 |
| Cooperativa De Ac Jesus Obrero PMB 159 HC 01 BOX 29030 GUAYNABO, PR 00969 |
* | $ -1,000 | 2 | $ 290,000 |
| Cooperativa De A/C Camuy AVE. BALTAZAR JIMÉNEZ MÉNDEZ #300 CAMUY, PR 00627 |
* | $ -1,000 | 2 | $ 280,000 |
| Everbank N.A. 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 41,950,721,000 | 2 | $ 170,000 |
| Midfirst Bank 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 22,986,309,000 | 1 | $ 105,000 |
| Cooperativa De A\C Roosvelt R 88PM+5QQ, FAJARDO FAJARDO, PR 00738 |
* | $ -1,000 | 1 | $ 55,000 |
| Cooperativa De A/C Aguas Buena PO BOX 5 AGUAS BUENAS, PR 00703 |
* | $ -1,000 | 1 | $ 95,000 |
| Cooperativa De Ahorroy Credito PO BOX 608 RINCON, PR 00677 |
* | $ -1,000 | 1 | $ 125,000 |
| Cooperativa De Ahorro Y Credito De Aguada P.O. BOX 543 AGUADA, PR 00602 |
* | $ -1,000 | 1 | $ 125,000 |
| Cooperativa De Ac Valenciano PO BOX 1510 JUNCOS, PR 00777 |
* | $ -1,000 | 1 | $ 35,000 |
| Bank of America NA 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,852,983,000,000 | 1 | $ 35,000 |
| Cooperativa La Sagrada Familia CALLE BOU 38 COROZAL, PR 00783 |
* | $ -1,000 | 1 | $ 75,000 |
The tables below break down 2020 mortgage applications in Carolina 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 Carolina Municipio, PR in 2020
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 | 1,596 | $211,530,000 | $132,000 | $5,125,000 | $66,000 | $692,000 |
| Refinancing | 541 | $70,615,000 | $130,000 | $675,000 | $65,000 | $542,000 |
| Cash-out Refinancing | 201 | $26,395,000 | $131,000 | $445,000 | $73,000 | $379,000 |
| Not Applicable | 120 | $14,570,000 | $121,000 | $335,000 | $0 | $0 |
| Other Purpose | 32 | $3,800,000 | $118,000 | $215,000 | $32,000 | $48,000 |
| Home Improvement | 30 | $3,700,000 | $123,000 | $425,000 | $57,000 | $151,000 |
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 | 1,371 | $181,945,000 | $132,000 | $1,005,000 | $64,000 | $692,000 |
| Not applicable | 1,020 | $129,400,000 | $126,000 | $5,125,000 | $0 | $0 |
| White | 86 | $13,000,000 | $151,000 | $675,000 | $89,000 | $540,000 |
| Not Provided | 28 | $4,100,000 | $146,000 | $375,000 | $94,000 | $499,000 |
| Black or African American | 10 | $1,410,000 | $141,000 | $205,000 | $66,000 | $134,000 |
| Asian | 5 | $755,000 | $151,000 | $285,000 | $62,000 | $99,000 |
| 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) | 1,519 | $182,285,000 | $120,000 | $395,000 | $42,000 | $346,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 831 | $122,055,000 | $146,000 | $5,125,000 | $93,000 | $692,000 |
| VA-guaranteed (Veterans Administration) | 138 | $21,890,000 | $158,000 | $445,000 | $66,000 | $205,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 32 | $4,380,000 | $136,000 | $235,000 | $44,000 | $87,000 |
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 Purchased By The Institution | 1,015 | $123,385,000 | $121,000 | $505,000 | $0 | $0 |
| Loan Originated | 897 | $125,055,000 | $139,000 | $5,125,000 | $63,000 | $692,000 |
| Application Denied By Financial Institution | 269 | $36,285,000 | $134,000 | $1,005,000 | $65,000 | $499,000 |
| Application Withdrawn By Applicant | 219 | $29,525,000 | $134,000 | $515,000 | $74,000 | $542,000 |
| File Closed For Incompleteness | 85 | $11,695,000 | $137,000 | $675,000 | $73,000 | $540,000 |
| Application Approved But Not Accepted | 35 | $4,665,000 | $133,000 | $305,000 | $82,000 | $366,000 |
| 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 | 2,250 | $294,210,000 | $130,000 | $5,125,000 | $66,000 | $692,000 |
| Collateral | 103 | $13,835,000 | $134,000 | $445,000 | $71,000 | $379,000 |
| Debt-To-Income Ratio | 63 | $8,865,000 | $140,000 | $355,000 | $52,000 | $235,000 |
| Credit History | 45 | $5,845,000 | $129,000 | $295,000 | $53,000 | $240,000 |
| Other | 19 | $2,355,000 | $123,000 | $295,000 | $55,000 | $99,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 13 | $1,275,000 | $98,000 | $145,000 | $115,000 | $499,000 |
| Employment History | 10 | $1,940,000 | $194,000 | $1,005,000 | $63,000 | $305,000 |
| Unverifiable Information | 9 | $1,225,000 | $136,000 | $285,000 | $75,000 | $144,000 |
| Mortgage Insurance Denied | 4 | $530,000 | $132,000 | $175,000 | $91,000 | $142,000 |
| Credit Application Incomplete | 4 | $530,000 | $132,000 | $285,000 | $71,000 | $157,000 |
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