Vegacoop Mortgage Lending & HMDA Data, 2013
In 2013, Vegacoop of Vega Alta, PR reported 130 mortgage applications totaling $12.1 million, down 13% from 2012. The average application was for $93,315, and applicants reported an average income of $37,569. 68% of its applications resulted in an originated loan and 18% were denied. Its largest markets were San Juan-Caguas-Guaynabo, PR (126), San German-Cabo Rojo, PR (2) and Aguadilla-Isabela-San Sebastian, PR (1) (applications in parentheses).
| Mortgage Company & Address | Vegacoop Apartado 1078 Vega Alta, PR 00692 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 |
| Total Number of Mortgage Applications | 130 |
| Total Mortgage Loan Application Amount | $12,131,000 |
| Average Mortgage Loan Application Amount | $93,315 |
| Highest Mortgage Loan Application Amount | $398,000 |
| Average Applicant Income | $37,569 |
| Highest Applicant Income | $292,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Vegacoop filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Vega Alta, Puerto Rico | 22 | $ 1,707,000 | $ 77,590 | $ 33,000 |
| Bayamon, Puerto Rico | 16 | $ 1,543,000 | $ 96,437 | $ 39,000 |
| Toa Alta, Puerto Rico | 13 | $ 1,318,000 | $ 101,384 | $ 40,000 |
| Dorado, Puerto Rico | 12 | $ 787,000 | $ 65,583 | $ 43,000 |
| San Juan, Puerto Rico | 11 | $ 1,720,000 | $ 156,363 | $ 49,000 |
| Carolina, Puerto Rico | 7 | $ 741,000 | $ 105,857 | $ 46,000 |
| Vega Baja, Puerto Rico | 7 | $ 463,000 | $ 66,142 | $ 26,000 |
| Naranjito, Puerto Rico | 6 | $ 458,000 | $ 76,333 | $ 23,000 |
| Corozal, Puerto Rico | 5 | $ 338,000 | $ 67,600 | $ 35,000 |
| Toa Baja, Puerto Rico | 5 | $ 380,000 | $ 76,000 | $ 31,000 |
| Arecibo, Puerto Rico | 3 | $ 205,000 | $ 68,333 | $ 32,000 |
| Caguas, Puerto Rico | 3 | $ 308,000 | $ 102,666 | $ 53,000 |
| Juncos, Puerto Rico | 3 | $ 336,000 | $ 112,000 | $ 28,000 |
| Cabo Rojo, Puerto Rico | 2 | $ 161,000 | $ 80,500 | $ 46,000 |
| Guaynabo, Puerto Rico | 2 | $ 203,000 | $ 101,500 | $ 28,000 |
| Hatillo, Puerto Rico | 2 | $ 149,000 | $ 74,500 | $ 31,000 |
| Aguas Buenas, Puerto Rico | 1 | $ 127,000 | $ 127,000 | $ 51,000 |
| Barceloneta, Puerto Rico | 1 | $ 129,000 | $ 129,000 | $ 30,000 |
| Barranquitas, Puerto Rico | 1 | $ 90,000 | $ 90,000 | $ 38,000 |
| Canovanas, Puerto Rico | 1 | $ 170,000 | $ 170,000 | $ 45,000 |
| Catano, Puerto Rico | 1 | $ 31,000 | $ 31,000 | $ 30,000 |
| Ciales, Puerto Rico | 1 | $ 111,000 | $ 111,000 | $ 18,000 |
| Isabela, Puerto Rico | 1 | $ 170,000 | $ 170,000 | $ 84,000 |
| Luquillo, Puerto Rico | 1 | $ 107,000 | $ 107,000 | $ 30,000 |
| Manati, Puerto Rico | 1 | $ 99,000 | $ 99,000 | $ 80,000 |
| Orocovis, Puerto Rico | 1 | $ 156,000 | $ 156,000 | $ 55,000 |
| Trujillo Alto, Puerto Rico | 1 | $ 124,000 | $ 124,000 | $ 25,000 |
Mortgage Loan Application Detail Totals for Vegacoop in 2013
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 | 93 | $8,977,000 | $96,000 | $398,000 | $37,000 | $145,000 |
| Home Purchase | 37 | $3,154,000 | $85,000 | $156,000 | $39,000 | $292,000 |
| 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 | 129 | $12,079,000 | $93,000 | $398,000 | $38,000 | $292,000 |
| White | 1 | $52,000 | $52,000 | $52,000 | $23,000 | $23,000 |
| 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 |
| 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 |
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 | $8,647,000 | $85,000 | $365,000 | $39,000 | $292,000 |
| FHA-insured (Federal Housing Administration) | 21 | $2,531,000 | $120,000 | $398,000 | $34,000 | $84,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 7 | $843,000 | $120,000 | $156,000 | $30,000 | $55,000 |
| VA-guaranteed (Veterans Administration) | 1 | $110,000 | $110,000 | $110,000 | $94,000 | $94,000 |
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 | 89 | $8,293,000 | $93,000 | $398,000 | $41,000 | $292,000 |
| Application Denied By Financial Institution | 23 | $2,344,000 | $101,000 | $187,000 | $35,000 | $80,000 |
| Application Withdrawn By Applicant | 9 | $752,000 | $83,000 | $177,000 | $30,000 | $50,000 |
| File Closed For Incompleteness | 8 | $692,000 | $86,000 | $126,000 | $21,000 | $44,000 |
| Application Approved But Not Accepted | 1 | $50,000 | $50,000 | $50,000 | $60,000 | $60,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 11 | $1,021,000 | $92,000 | $175,000 | $33,000 | $80,000 |
| Credit History | 8 | $909,000 | $113,000 | $187,000 | $38,000 | $70,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $213,000 | $106,000 | $118,000 | $35,000 | $40,000 |
| Debt-To-Income Ratio | 1 | $65,000 | $65,000 | $65,000 | $21,000 | $21,000 |
| Credit Application Incomplete | 1 | $136,000 | $136,000 | $136,000 | $49,000 | $49,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Vegacoop's 2013 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 Vegacoop'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.
For a list of all lenders in Puerto Rico, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About