Guayanilla Municipio, PR Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 325 mortgage applications in Guayanilla Municipio, PR totaling $19.8 million, down 23% from 2007. The average application was for $60,000, and applicants reported an average income of $36,000. 38% of applications resulted in an originated loan and 33% were denied. The most active lender was Banco Popular De Puerto Rico, with 74 applications, followed by Popular Mortgage, Inc. and R & G Mortgage Corporation.

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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 325
Total Mortgage Loan Application Amount $19,803,000
Average Mortgage Loan Application Amount $60,000
Highest Mortgage Loan Application Amount $277,000
Average Applicant Income $36,000
Highest Applicant Income $252,000

Mortgage Company List for Lending in Guayanilla Municipio, PR for 2008

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Banco Popular De Puerto Rico
PO BOX 362708
SAN JUAN, PR 00936
* $ 26,742,000,000 74 $ 611,000
Popular Mortgage, Inc.
PO BOX 362708
SAN JUAN, PR 00936
* $ 25,691,000,000 63 $ 5,723,000
R & G Mortgage Corporation
P O BOX 362394
SAN JUAN, PR 00936
* $ 8,011,488,000 28 $ 2,409,000
Santander Financial Services
P.O. BOX 362589
SAN JUAN, PR 00936
* $ 8,082,156,000 28 $ 1,633,000
R-G Premier Bank of P.R.
PO BOX 2510
GUAYNABO, PR 00970
* $ 7,424,734,000 27 $ 2,165,000
Westernbak Puerto Rico
PO BOX 1180
MAYAGUEZ, PR 00681
* $ 17,936,278,000 23 $ 536,000
Doral Mortgage LLC
DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV
SAN JUAN, PR 00921
* $ 11,855,073,000 21 $ 1,635,000
Doral Bank
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 7,642,115,000 11 $ 574,000
Citifinancial
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,745,248,000 8 $ 550,000
Firstbank Puerto Rico
PO BOX 9146
SANTURCE, PR 00908
* $ 16,259,720,000 7 $ 750,000
Oriental Bank
PO BOX 195115
SAN JUAN, PR 00919
* $ 5,644,198,000 6 $ 709,000
Banco Santander
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 8,289,250,000 5 $ 327,000
Scotiabank De Puerto Rico
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,547,096,000 5 $ 362,000
Firstmortgage
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 3 $ 254,000
Jr Mortgage Home
2979 EMILIO FAGOT AVE. SUITE 1
PONCE, PR 00716
* $ 1,395,899,000 2 $ 205,000
World Mortgage Bankers
1108 AVE. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 2 $ 221,000
First Equity Mortgage Bankers
9300 S DADELAND BLVD SUITE 500
MIAMI, FL 33156
* $ 10,000,000 2 $ 128,000
Aeela Mortgage
PO BOX 71502
SAN JUAN, PR 00936
* $ 10,000,000 1 $ 277,000
Cooperativa A/C Caribe Coop.
P.O. BOX 560547
GUAYANILLA, PR 00656
* $ 100,068,000 1 $ 145,000
Cooperativa De Ahorro Y Credito De Aguada
P.O. BOX 543
AGUADA, PR 00602
* $ 10,000,000 1 $ 93,000
Rf Mortgage & Investment Corp
PO BOX 361309
SAN JUAN, PR 00936
* $ 10,000,000 1 $ 35,000
Metro Island Mortgage
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 1 $ 72,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,304,756,000 1 $ 30,000
The Moneyhouse Inc.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 1 $ 51,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 1 $ 79,000
Eurobank
PO BOX 191009
SAN JUAN, PR 00926
* $ 2,750,773,000 1 $ 85,000
Reliable Financial Services
PO BOX 21382, MAC F0302-001
SAN JUAN, PR 00928
* $ 481,996,000 1 $ 144,000

The tables below break down 2008 mortgage applications in Guayanilla 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 Guayanilla Municipio, PR in 2008

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 Improvement 141 $3,394,000 $24,000 $128,000 $29,000 $240,000
Home Purchase 112 $10,648,000 $95,000 $277,000 $40,000 $196,000
Refinancing 72 $5,761,000 $80,000 $160,000 $42,000 $252,000

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 300 $17,970,000 $59,000 $277,000 $36,000 $252,000
Not applicable 17 $1,441,000 $84,000 $160,000 $18,000 $72,000
Not Provided 4 $96,000 $24,000 $75,000 $77,000 $240,000
White 4 $296,000 $74,000 $120,000 $44,000 $59,000
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
Black or African American 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) 252 $12,741,000 $50,000 $277,000 $36,000 $252,000
FHA-insured (Federal Housing Administration) 38 $3,658,000 $96,000 $144,000 $38,000 $134,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $3,268,000 $96,000 $133,000 $27,000 $101,000
VA-guaranteed (Veterans Administration) 1 $136,000 $136,000 $136,000 $66,000 $66,000

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 124 $7,810,000 $62,000 $160,000 $39,000 $252,000
Application Denied By Financial Institution 107 $4,948,000 $46,000 $277,000 $30,000 $196,000
Application Withdrawn By Applicant 40 $2,810,000 $70,000 $142,000 $43,000 $240,000
Application Approved But Not Accepted 20 $1,105,000 $55,000 $190,000 $36,000 $97,000
Loan Purchased By The Institution 18 $1,561,000 $86,000 $160,000 $19,000 $72,000
File Closed For Incompleteness 16 $1,569,000 $98,000 $260,000 $53,000 $126,000
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 12 $794,000 $66,000 $277,000 $35,000 $116,000
Collateral 7 $641,000 $91,000 $144,000 $47,000 $99,000
Credit Application Incomplete 6 $395,000 $65,000 $118,000 $46,000 $73,000
Debt-To-Income Ratio 4 $128,000 $32,000 $114,000 $11,000 $16,000
Other 3 $187,000 $62,000 $102,000 $30,000 $43,000
Insufficient Cash (Downpayment, Closing Cost) 2 $89,000 $44,000 $84,000 $29,000 $35,000
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.

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