Guayanilla Municipio, PR Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 208 mortgage applications in Guayanilla Municipio, PR totaling $9.3 million, down 13% from 2014. The average application was for $44,000, and applicants reported an average income of $31,000. 54% of applications resulted in an originated loan and 30% were denied. The most active lender was Banco Popular, with 122 applications, followed by Oriental Bank and Santander Financial Services.

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Total Number of Mortgage Applications 208
Total Mortgage Loan Application Amount $9,279,000
Average Mortgage Loan Application Amount $44,000
Highest Mortgage Loan Application Amount $400,000
Average Applicant Income $31,000
Highest Applicant Income $239,000

Mortgage Company List for Lending in Guayanilla Municipio, PR for 2015

* 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
PO BOX 362708
SAN JUAN, PR 00936
* $ 27,091,000,000 122 $ 3,697,000
Oriental Bank
PO BOX 195115
SAN JUAN, PR 00919
* $ 7,408,665,000 30 $ 777,000
Santander Financial Services
207 AVE PONCE DE LEON
SAN JUAN, PR 00926
* $ 8,082,156,000 15 $ 939,000
Firstbank
PO BOX 9146
SAN JUAN, PR 00908
* $ 12,711,348,000 14 $ 1,485,000
Scotiabank De Puerto Rico
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 4,823,553,000 5 $ 517,000
Cooperativa A/C Caribe Coop.
P.O. BOX 560547
GUAYANILLA, PR 00656
* $ 100,068,000 4 $ 280,000
Vig Mortgage
1225 PONCE DE LEON VIG TOWER SUITE B-J
SAN JUAN, PR 00907
* $ 789,772,000 3 $ 216,000
The Moneyhouse Inc.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 3 $ 239,000
Banco Santander Puerto Rico
P O BOX 362589,
SAN JUAN, PR 00936
* $ 5,538,290,000 2 $ 15,000
Preferred Mortgage LLC
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 1 $ 77,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 80,000
Aeela Mortgage
PO BOX 71502
SAN JUAN, PR 00936
* $ 1,000,000,000 1 $ 80,000
Cooperativa A/C Cabo Rojo
PR 100 KM. 7.0 BO.MIRADERO
CABO ROJO, PR 00623
* $ 10,000,000 1 $ 115,000
Emi Equity Mortgage, Inc.
1651 PONCE DE LEON AVE, SUITE 102
SAN JUAN, PR 00909
* $ 10,000,000 1 $ 94,000
First Security Mortgage, Inc.
97 DE DIEGO AVE. SAN FRANCISCO
SAN JUAN, PR 00929
* $ 10,000,000 1 $ 98,000
Multiples Mortgage Corp.
761 AVE. LUIS MUNOZ RIVERA,
SAN JUAN, PR 00918
* $ 10,000,000 1 $ 400,000
Actual Mortgage Bankers
PO BOX 2808
BAYAMON, PR 00960
* $ 10,000,000 1 $ 63,000
The Lending Center Corporation
G-8 ONEILL STREET
SAN JUAN, PR 00918
* $ 525,000 1 $ 58,000
Trust Mortgage Corp.
EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS
SAN JUAN, PR 00923
* $ 279,615,000 1 $ 49,000

The tables below break down 2015 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 2015

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 121 $1,416,000 $11,000 $70,000 $28,000 $173,000
Refinancing 50 $4,394,000 $87,000 $400,000 $34,000 $195,000
Home Purchase 37 $3,469,000 $93,000 $255,000 $38,000 $239,000

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 201 $8,787,000 $43,000 $400,000 $32,000 $239,000
Not applicable 4 $327,000 $81,000 $98,000 $0 $0
Not Provided 2 $85,000 $42,000 $82,000 $22,000 $34,000
White 1 $80,000 $80,000 $80,000 $37,000 $37,000
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) 157 $4,660,000 $29,000 $400,000 $34,000 $239,000
FHA-insured (Federal Housing Administration) 35 $3,105,000 $88,000 $255,000 $25,000 $76,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 14 $1,257,000 $89,000 $132,000 $20,000 $48,000
VA-guaranteed (Veterans Administration) 2 $257,000 $128,000 $157,000 $51,000 $52,000

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 112 $4,663,000 $41,000 $400,000 $30,000 $195,000
Application Denied By Financial Institution 62 $2,007,000 $32,000 $255,000 $35,000 $239,000
Application Withdrawn By Applicant 21 $1,868,000 $88,000 $162,000 $41,000 $92,000
File Closed For Incompleteness 5 $375,000 $75,000 $102,000 $21,000 $44,000
Application Approved But Not Accepted 4 $39,000 $9,000 $21,000 $24,000 $44,000
Loan Purchased By The Institution 4 $327,000 $81,000 $98,000 $0 $0
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 8 $512,000 $64,000 $152,000 $30,000 $44,000
Collateral 3 $247,000 $82,000 $112,000 $94,000 $239,000
Other 2 $98,000 $49,000 $58,000 $33,000 $36,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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.

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