Coopa/C Asoc De Maestros De Pr Mortgage Lending & HMDA Data, 2010

In 2010, Coopa/C Asoc De Maestros De Pr of San Juan, PR reported 15 mortgage applications totaling $1.3 million. The average application was for $85,666, and applicants reported an average income of $32,000. 53% of its applications resulted in an originated loan and 27% were denied. Its largest markets were San Juan-Caguas-Guaynabo, PR (10), Ponce, PR (3) and Fajardo, PR (1) (applications in parentheses).

Mortgage Company & Address Coopa/C Asoc De Maestros De Pr
P.O. Box 192770
San Juan, PR 00919
Federal Regulator * available with data download
Years 2014  2013  2012  2011  2010  2008  
Total Number of Mortgage Applications 15
Total Mortgage Loan Application Amount $1,285,000
Average Mortgage Loan Application Amount $85,666
Highest Mortgage Loan Application Amount $126,000
Average Applicant Income $32,000
Highest Applicant Income $87,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Coopa/C Asoc De Maestros De Pr filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Coopa/C Asoc De Maestros De Pr by Metropolitan Area in 2010

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
San Juan-Caguas-Guaynabo, PR 10 $ 920,000 $ 92,000 $ 30,000
Ponce, PR 3 $ 209,000 $ 69,666 $ 49,000
Fajardo, PR 1 $ 112,000 $ 112,000 $ 26,000
San German-Cabo Rojo, PR 1 $ 44,000 $ 44,000 $ 10,000

Mortgage Loan Application Detail Totals for Coopa/C Asoc De Maestros De Pr in 2010

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
Refinancing 12 $1,052,000 $87,000 $126,000 $33,000 $87,000
Home Purchase 3 $233,000 $77,000 $108,000 $28,000 $40,000
Home Improvement 0 $0 $0 $0 $0 $0

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 15 $1,285,000 $85,000 $126,000 $32,000 $87,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 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) 15 $1,285,000 $85,000 $126,000 $32,000 $87,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 8 $692,000 $86,000 $126,000 $40,000 $87,000
Application Denied By Financial Institution 4 $341,000 $85,000 $119,000 $19,000 $24,000
Application Withdrawn By Applicant 1 $55,000 $55,000 $55,000 $40,000 $40,000
File Closed For Incompleteness 1 $112,000 $112,000 $112,000 $26,000 $26,000
Application Approved But Not Accepted 1 $85,000 $85,000 $85,000 $29,000 $29,000
Loan Purchased By The Institution 0 $0 $0 $0 $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
Insufficient Cash (Downpayment, Closing Cost) 4 $341,000 $85,000 $119,000 $19,000 $24,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 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
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Coopa/C Asoc De Maestros De Pr's 2010 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Coopa/C Asoc De Maestros De Pr's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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