In 2017, lenders reported 180 mortgage applications in Ceiba Municipio, PR totaling $11.6 million, down 30% from 2016. The average application was for $64,000, and applicants reported an average income of $41,000. 50% of applications resulted in an originated loan and 28% were denied. The most active lender was Banco Popular, with 60 applications, followed by Scotiabank De Puerto Rico and Oriental Bank.
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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 | 180 |
| Total Mortgage Loan Application Amount | $11,583,000 |
| Average Mortgage Loan Application Amount | $64,000 |
| Highest Mortgage Loan Application Amount | $285,000 |
| Average Applicant Income | $41,000 |
| Highest Applicant Income | $308,000 |
| 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 |
* | $ 29,700,000,000 | 60 | $ 2,738,000 |
| Scotiabank De Puerto Rico 290 JESUS T. PIN++ERO SAN JUAN, PR 00918 |
* | $ 4,231,596,000 | 26 | $ 1,576,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 6,457,746,000 | 25 | $ 1,214,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 11,906,979,000 | 23 | $ 2,224,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ -1,000 | 13 | $ 935,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 8 | $ 591,000 |
| Banco Santander Puerto Rico P O BOX 362589, SAN JUAN, PR 00936 |
* | $ 5,339,217,000 | 3 | $ 248,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ -1,000 | 3 | $ 247,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ -1,000 | 2 | $ 162,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ -1,000 | 2 | $ 199,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ -1,000 | 2 | $ 149,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 2 | $ 122,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ -1,000 | 2 | $ 127,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 21,301,361,000 | 1 | $ 68,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ -1,000 | 1 | $ 61,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ -1,000 | 1 | $ 214,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ -1,000 | 1 | $ 180,000 |
| Midfirst Bank 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 13,265,339,000 | 1 | $ 38,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ -1,000 | 1 | $ 64,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ -1,000 | 1 | $ 78,000 |
| Family First Funding LLC 215 MAIN STREET, #2A TOMS RIVER, NJ 08753 |
* | $ -1,000 | 1 | $ 285,000 |
| First Security Mortgage, Inc. 97 DE DIEGO AVE. SAN FRANCISCO SAN JUAN, PR 00929 |
* | $ -1,000 | 1 | $ 63,000 |
The tables below break down 2017 mortgage applications in Ceiba 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 90 | $7,151,000 | $79,000 | $228,000 | $45,000 | $177,000 |
| Home Improvement | 56 | $787,000 | $14,000 | $80,000 | $28,000 | $160,000 |
| Refinancing | 34 | $3,645,000 | $107,000 | $285,000 | $54,000 | $308,000 |
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 | 164 | $9,953,000 | $60,000 | $214,000 | $42,000 | $308,000 |
| Not applicable | 11 | $1,040,000 | $94,000 | $228,000 | $20,000 | $128,000 |
| White | 4 | $501,000 | $125,000 | $285,000 | $89,000 | $128,000 |
| Black or African American | 1 | $89,000 | $89,000 | $89,000 | $43,000 | $43,000 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 101 | $4,600,000 | $45,000 | $189,000 | $53,000 | $308,000 |
| FHA-insured (Federal Housing Administration) | 36 | $2,900,000 | $80,000 | $285,000 | $24,000 | $92,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 34 | $3,000,000 | $88,000 | $228,000 | $31,000 | $67,000 |
| VA-guaranteed (Veterans Administration) | 9 | $1,083,000 | $120,000 | $183,000 | $24,000 | $64,000 |
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 | 90 | $6,112,000 | $67,000 | $214,000 | $48,000 | $308,000 |
| Application Denied By Financial Institution | 51 | $2,288,000 | $44,000 | $174,000 | $30,000 | $160,000 |
| Application Withdrawn By Applicant | 12 | $903,000 | $75,000 | $159,000 | $46,000 | $156,000 |
| Loan Purchased By The Institution | 11 | $1,040,000 | $94,000 | $228,000 | $20,000 | $128,000 |
| Application Approved But Not Accepted | 9 | $484,000 | $53,000 | $183,000 | $38,000 | $75,000 |
| File Closed For Incompleteness | 7 | $756,000 | $108,000 | $285,000 | $73,000 | $132,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 6 | $485,000 | $80,000 | $106,000 | $40,000 | $89,000 |
| Credit History | 3 | $259,000 | $86,000 | $127,000 | $28,000 | $44,000 |
| Other | 2 | $191,000 | $95,000 | $110,000 | $42,000 | $52,000 |
| Employment History | 1 | $68,000 | $68,000 | $68,000 | $21,000 | $21,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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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