Dorado Municipio, PR Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 2,746 mortgage applications in Dorado Municipio, PR totaling $565.3 million, down 17% from 2005. The average application was for $205,000, and applicants reported an average income of $96,000. 45% of applications resulted in an originated loan and 15% were denied. The most active lender was Banco Popular De Puerto Rico, with 292 applications, followed by Hf Mortgage Bankers and Popular Mortgage, Inc..

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 2,746
Total Mortgage Loan Application Amount $565,333,000
Average Mortgage Loan Application Amount $205,000
Highest Mortgage Loan Application Amount $2,880,000
Average Applicant Income $96,000
Highest Applicant Income $2,640,000
Download the Puerto Rico Lender List

Top Mortgage Lenders in Dorado Municipio, PR (2006)

Ranked by the number of mortgage applications each lender reported in Dorado Municipio, PR in 2006.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Banco Popular De Puerto Rico
San Juan, PR
292 $35,907,000 $122,000 $36,000
2 Hf Mortgage Bankers
1451 Roosevelt Ave S.J., PR
263 $39,470,000 $150,000 $72,000
3 Popular Mortgage, Inc.
San Juan, PR
251 $79,014,000 $314,000 $141,000
4 Doral Bank
San Juan, PR
205 $31,092,000 $151,000 $84,000
5 Banco Santander
San Juan, PR
181 $43,291,000 $239,000 $116,000
6 R-G Premier Bank of P.R.
Guaynabo, PR
177 $32,643,000 $184,000 $106,000
7 Santander Mortgage Corporation
San Juan, PR
175 $58,512,000 $334,000 $137,000
8 R & G Mortgage Corporation
San Juan, PR
159 $24,074,000 $151,000 $60,000
9 Doral Mortgage Corp.
San Juan, PR
128 $19,643,000 $153,000 $98,000
10 Firstmortgage
San Juan, PR
128 $30,605,000 $239,000 $126,000

See every lender active in Dorado Municipio, PR in 2006 »

The tables below break down 2006 mortgage applications in Dorado 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 Dorado Municipio, PR in 2006

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 1,453 $395,469,000 $272,000 $2,880,000 $116,000 $2,640,000
Refinancing 789 $143,901,000 $182,000 $2,250,000 $82,000 $1,043,000
Home Improvement 504 $25,963,000 $51,000 $1,530,000 $59,000 $600,000

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 2,271 $427,541,000 $188,000 $2,880,000 $98,000 $2,640,000
Not applicable 381 $119,400,000 $313,000 $2,880,000 $79,000 $2,190,000
Not Provided 60 $11,019,000 $183,000 $958,000 $92,000 $619,000
White 27 $5,458,000 $202,000 $646,000 $117,000 $254,000
Asian 5 $823,000 $164,000 $200,000 $117,000 $167,000
Black or African American 1 $463,000 $463,000 $463,000 $180,000 $180,000
American Indian or Alaskan Native 1 $629,000 $629,000 $629,000 $9,000 $9,000
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) 2,571 $537,593,000 $209,000 $2,880,000 $99,000 $2,640,000
FHA-insured (Federal Housing Administration) 151 $23,293,000 $154,000 $251,000 $47,000 $260,000
VA-guaranteed (Veterans Administration) 17 $3,314,000 $194,000 $260,000 $53,000 $100,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,133,000 $161,000 $236,000 $34,000 $58,000

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 1,246 $258,982,000 $207,000 $2,880,000 $107,000 $2,190,000
Loan Purchased By The Institution 475 $135,252,000 $284,000 $2,880,000 $81,000 $2,190,000
Application Denied By Financial Institution 415 $54,226,000 $130,000 $1,719,000 $69,000 $1,005,000
Application Withdrawn By Applicant 406 $79,900,000 $196,000 $1,800,000 $111,000 $2,640,000
Application Approved But Not Accepted 114 $19,932,000 $174,000 $1,500,000 $96,000 $784,000
File Closed For Incompleteness 90 $17,041,000 $189,000 $2,250,000 $66,000 $504,000
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 39 $930,000 $23,000 $197,000 $41,000 $306,000
Debt-To-Income Ratio 36 $8,804,000 $244,000 $1,719,000 $62,000 $521,000
Other 11 $2,151,000 $195,000 $750,000 $58,000 $180,000
Insufficient Cash (Downpayment, Closing Cost) 4 $463,000 $115,000 $442,000 $42,000 $139,000
Collateral 4 $453,000 $113,000 $180,000 $91,000 $229,000
Unverifiable Information 3 $588,000 $196,000 $336,000 $181,000 $375,000
Credit Application Incomplete 2 $410,000 $205,000 $206,000 $146,000 $240,000
Employment History 2 $750,000 $375,000 $510,000 $131,000 $226,000
Mortgage Insurance Denied 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