Firstbank Corp
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage loan statistics, lending data, and loan application totals for Puerto Rico.
The mortgage statistics and data below are specific to mortgage loan applications for Firstbank Corp.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Firstbank Corp
Po Box 9146
Santurce, PR 00918
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 5,264
Total Mortgage Loan Application Amount $902,330,000
Average Mortgage Loan Application Amount $156,000
Highest Mortgage Loan Application Amount $2,055,000
Average Applicant Income $78,500
Highest Applicant Income $1,411,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in PR, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Firstbank Corp by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
San Juan County Puerto Rico 632 $ 125,130,000 $ 197,000 $ 119,000
Miami-Dade County Florida 483 $ 151,695,000 $ 314,000 $ 150,000
Bayamon County Puerto Rico 361 $ 47,115,000 $ 130,000 $ 54,000
Guaynabo County Puerto Rico 289 $ 74,055,000 $ 256,000 $ 132,000
Carolina County Puerto Rico 256 $ 35,710,000 $ 139,000 $ 82,000
Caguas County Puerto Rico 210 $ 31,800,000 $ 151,000 $ 80,000
Broward County Florida 167 $ 30,715,000 $ 183,000 $ 93,000
Toa Alta County Puerto Rico 157 $ 23,185,000 $ 147,000 $ 62,000
Dorado County Puerto Rico 126 $ 42,680,000 $ 338,000 $ 224,000
Arecibo County Puerto Rico 125 $ 13,985,000 $ 111,000 $ 50,000
Rio Grande County Puerto Rico 116 $ 18,160,000 $ 156,000 $ 107,000
Aguadilla County Puerto Rico 111 $ 17,985,000 $ 162,000 $ 73,000
Toa Baja County Puerto Rico 108 $ 14,080,000 $ 130,000 $ 56,000
Gurabo County Puerto Rico 107 $ 16,475,000 $ 153,000 $ 68,000
Trujillo Alto County Puerto Rico 105 $ 14,895,000 $ 141,000 $ 64,000
Ponce County Puerto Rico 91 $ 12,595,000 $ 138,000 $ 86,000
Humacao County Puerto Rico 89 $ 14,595,000 $ 163,000 $ 113,000
Vega Baja County Puerto Rico 77 $ 8,645,000 $ 112,000 $ 50,000
Canovanas County Puerto Rico 73 $ 10,195,000 $ 139,000 $ 56,000
Fajardo County Puerto Rico 70 $ 7,520,000 $ 107,000 $ 62,000
Cabo Rojo County Puerto Rico 69 $ 9,345,000 $ 135,000 $ 79,000
San Sebastian County Puerto Rico 67 $ 7,125,000 $ 106,000 $ 38,000
Juana Diaz County Puerto Rico 61 $ 7,565,000 $ 124,000 $ 50,000
Luquillo County Puerto Rico 59 $ 7,685,000 $ 130,000 $ 96,000
Hatillo County Puerto Rico 58 $ 7,940,000 $ 136,000 $ 67,000
Isabela County Puerto Rico 56 $ 8,600,000 $ 153,000 $ 77,000
Cayey County Puerto Rico 54 $ 6,700,000 $ 124,000 $ 57,000
Cidra County Puerto Rico 52 $ 7,310,000 $ 140,000 $ 56,000
Barceloneta County Puerto Rico 51 $ 5,525,000 $ 108,000 $ 49,000
Manati County Puerto Rico 49 $ 5,665,000 $ 115,000 $ 54,000
Aguada County Puerto Rico 47 $ 6,605,000 $ 140,000 $ 66,000
Las Piedras County Puerto Rico 47 $ 6,465,000 $ 137,000 $ 56,000
Camuy County Puerto Rico 45 $ 5,275,000 $ 117,000 $ 46,000
Juncos County Puerto Rico 45 $ 5,225,000 $ 116,000 $ 53,000
Mayaguez County Puerto Rico 43 $ 5,345,000 $ 124,000 $ 69,000
Vega Alta County Puerto Rico 43 $ 7,515,000 $ 174,000 $ 137,000
Palm Beach County Florida 41 $ 7,315,000 $ 178,000 $ 105,000
Catano County Puerto Rico 37 $ 5,215,000 $ 140,000 $ 45,000
San Lorenzo County Puerto Rico 35 $ 4,155,000 $ 118,000 $ 44,000
Santa Isabel County Puerto Rico 33 $ 3,485,000 $ 105,000 $ 47,000
Moca County Puerto Rico 31 $ 4,345,000 $ 140,000 $ 59,000
Guayama County Puerto Rico 30 $ 2,970,000 $ 99,000 $ 55,000
Anasco County Puerto Rico 28 $ 3,500,000 $ 125,000 $ 58,000
Coamo County Puerto Rico 28 $ 2,760,000 $ 98,000 $ 43,000
Loiza County Puerto Rico 25 $ 2,495,000 $ 99,000 $ 62,000
Yauco County Puerto Rico 25 $ 2,905,000 $ 116,000 $ 44,000
Corozal County Puerto Rico 21 $ 2,265,000 $ 107,000 $ 38,000
Naguabo County Puerto Rico 21 $ 1,905,000 $ 90,000 $ 39,000
Salinas County Puerto Rico 18 $ 1,410,000 $ 78,000 $ 47,000
Quebradillas County Puerto Rico 17 $ 2,085,000 $ 122,000 $ 46,000
Ceiba County Puerto Rico 16 $ 1,740,000 $ 108,000 $ 57,000
Hormigueros County Puerto Rico 15 $ 1,625,000 $ 108,000 $ 39,000
Lajas County Puerto Rico 15 $ 1,535,000 $ 102,000 $ 53,000
Morovis County Puerto Rico 15 $ 1,495,000 $ 99,000 $ 40,000
Rincon County Puerto Rico 14 $ 2,170,000 $ 155,000 $ 126,000
Yabucoa County Puerto Rico 14 $ 1,320,000 $ 94,000 $ 47,000
Arroyo County Puerto Rico 13 $ 1,025,000 $ 78,000 $ 40,000
Naranjito County Puerto Rico 12 $ 1,340,000 $ 111,000 $ 36,000
Patillas County Puerto Rico 11 $ 1,195,000 $ 108,000 $ 81,000
San German County Puerto Rico 11 $ 1,475,000 $ 134,000 $ 71,000
Utuado County Puerto Rico 11 $ 1,035,000 $ 94,000 $ 31,000
Villalba County Puerto Rico 11 $ 1,165,000 $ 105,000 $ 40,000
Penuelas County Puerto Rico 10 $ 2,410,000 $ 241,000 $ 139,000
Aguas Buenas County Puerto Rico 8 $ 1,000,000 $ 125,000 $ 43,000
Aibonito County Puerto Rico 8 $ 860,000 $ 107,000 $ 50,000
Comerio County Puerto Rico 8 $ 710,000 $ 88,000 $ 35,000
Guanica County Puerto Rico 8 $ 830,000 $ 103,000 $ 88,000
Guayanilla County Puerto Rico 8 $ 970,000 $ 121,000 $ 51,000
Lares County Puerto Rico 8 $ 720,000 $ 90,000 $ 40,000
Orocovis County Puerto Rico 7 $ 1,065,000 $ 152,000 $ 40,000
Sabana Grande County Puerto Rico 7 $ 705,000 $ 100,000 $ 47,000
Barranquitas County Puerto Rico 6 $ 640,000 $ 106,000 $ 42,000
Florida County Puerto Rico 6 $ 590,000 $ 98,000 $ 30,000
Ciales County Puerto Rico 4 $ 300,000 $ 75,000 $ 32,000
Culebra County Puerto Rico 3 $ 435,000 $ 145,000 $ 121,000
Jayuya County Puerto Rico 3 $ 295,000 $ 98,000 $ 22,000
Maunabo County Puerto Rico 3 $ 225,000 $ 75,000 $ 85,000
Brevard County Florida 2 $ 440,000 $ 220,000 $ 131,000
Lee County Florida 2 $ 610,000 $ 305,000 $ 80,000
Orange County Florida 2 $ 450,000 $ 225,000 $ 105,000
Pasco County Florida 2 $ 260,000 $ 130,000 $ 126,000
Volusia County Florida 2 $ 920,000 $ 460,000 $ 197,000
Adjuntas County Puerto Rico 2 $ 240,000 $ 120,000 $ 51,000
Charlotte County Florida 1 $ 435,000 $ 435,000 $ 293,000
Hendry County Florida 1 $ 125,000 $ 125,000 $ 135,000
Hillsborough County Florida 1 $ 155,000 $ 155,000 $ 80,000
Lake County Florida 1 $ 225,000 $ 225,000 $ 53,000
Leon County Florida 1 $ 1,055,000 $ 1,055,000 $ 0
Monroe County Florida 1 $ 325,000 $ 325,000 $ 494,000
Osceola County Florida 1 $ 255,000 $ 255,000 $ 121,000
Las Marias County Puerto Rico 1 $ 45,000 $ 45,000 $ 48,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Puerto Rico, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Firstbank Corp in 2020

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 2,953 $505,695,000 $171,000 $2,005,000 $85,000 $1,330,000
Refinancing 1,156 $211,340,000 $182,000 $2,055,000 $114,000 $1,408,000
Cash-out Refinancing 589 $123,235,000 $209,000 $575,000 $101,000 $700,000
Not Applicable 459 $47,935,000 $104,000 $295,000 $0 $0
Other Purpose 79 $10,145,000 $128,000 $515,000 $77,000 $1,411,000
Home Improvement 28 $3,980,000 $142,000 $455,000 $94,000 $400,000

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 4,351 $741,905,000 $170,000 $1,935,000 $86,000 $1,408,000
Not applicable 517 $59,565,000 $115,000 $1,505,000 $0 $0
White 323 $82,475,000 $255,000 $2,055,000 $147,000 $1,411,000
Black or African American 37 $7,975,000 $215,000 $1,665,000 $120,000 $742,000
Not Provided 23 $6,695,000 $291,000 $1,655,000 $151,000 $1,272,000
Asian 11 $2,535,000 $230,000 $435,000 $108,000 $261,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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) 2,521 $524,765,000 $208,000 $2,055,000 $121,000 $1,411,000
FHA-insured (Federal Housing Administration) 1,520 $210,440,000 $138,000 $455,000 $55,000 $875,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 831 $97,135,000 $116,000 $395,000 $39,000 $119,000
VA-guaranteed (Veterans Administration) 392 $69,990,000 $178,000 $515,000 $71,000 $397,000

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 3,008 $551,910,000 $183,000 $1,855,000 $93,000 $1,255,000
Application Withdrawn By Applicant 726 $128,650,000 $177,000 $1,655,000 $98,000 $1,411,000
Application Denied By Financial Institution 658 $109,410,000 $166,000 $2,055,000 $71,000 $1,398,000
Loan Purchased By The Institution 501 $52,765,000 $105,000 $295,000 $0 $0
Application Approved But Not Accepted 192 $28,230,000 $147,000 $1,005,000 $90,000 $898,000
File Closed For Incompleteness 179 $31,365,000 $175,000 $1,005,000 $118,000 $1,408,000
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
Not applicable 4,605 $792,415,000 $172,000 $1,855,000 $95,000 $1,411,000
Debt-To-Income Ratio 204 $35,210,000 $172,000 $2,055,000 $59,000 $1,121,000
Collateral 194 $32,440,000 $167,000 $845,000 $82,000 $454,000
Credit History 118 $17,990,000 $152,000 $525,000 $70,000 $1,398,000
Unverifiable Information 51 $8,475,000 $166,000 $2,005,000 $77,000 $1,330,000
Other 34 $5,340,000 $157,000 $375,000 $70,000 $175,000
Insufficient Cash (Downpayment, Closing Cost) 24 $5,070,000 $211,000 $1,665,000 $82,000 $742,000
Employment History 18 $2,900,000 $161,000 $735,000 $71,000 $250,000
Mortgage Insurance Denied 16 $2,490,000 $155,000 $315,000 $91,000 $154,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in PR, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Puerto Rico, and search similar information at your convenience.

Download the Puerto Rico Lender List