Nlc Puerto Rico Mortgage Lending & HMDA Data, 2007
In 2007, Nlc Puerto Rico of San Juan, PR reported 227 mortgage applications totaling $35.6 million. The average application was for $156,709, and applicants reported an average income of $79,762. 28% of its applications resulted in an originated loan and 43% were denied. Its largest markets were San Juan-Caguas-Guaynabo, PR (150), Ponce, PR (25) and San German-Cabo Rojo, PR (20) (applications in parentheses).
| Mortgage Company & Address | Nlc Puerto Rico Am Tower Piso 1 207 C/Del Parq San Juan, PR 00907 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 |
| Total Number of Mortgage Applications | 227 |
| Total Mortgage Loan Application Amount | $35,573,000 |
| Average Mortgage Loan Application Amount | $156,709 |
| Highest Mortgage Loan Application Amount | $2,550,000 |
| Average Applicant Income | $79,762 |
| Highest Applicant Income | $679,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nlc Puerto Rico filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| San Juan, Puerto Rico | 23 | $ 5,530,000 | $ 240,434 | $ 84,000 |
| Ponce, Puerto Rico | 21 | $ 2,027,000 | $ 96,523 | $ 64,000 |
| Bayamon, Puerto Rico | 19 | $ 2,271,000 | $ 119,526 | $ 69,000 |
| Carolina, Puerto Rico | 11 | $ 1,232,000 | $ 112,000 | $ 56,000 |
| San German, Puerto Rico | 10 | $ 1,049,000 | $ 104,900 | $ 45,000 |
| Toa Baja, Puerto Rico | 10 | $ 1,893,000 | $ 189,300 | $ 137,000 |
| Arecibo, Puerto Rico | 9 | $ 1,247,000 | $ 138,555 | $ 80,000 |
| Guaynabo, Puerto Rico | 9 | $ 1,788,000 | $ 198,666 | $ 178,000 |
| Cabo Rojo, Puerto Rico | 8 | $ 912,000 | $ 114,000 | $ 71,000 |
| Camuy, Puerto Rico | 8 | $ 1,060,000 | $ 132,500 | $ 89,000 |
| Dorado, Puerto Rico | 6 | $ 2,103,000 | $ 350,500 | $ 132,000 |
| Toa Alta, Puerto Rico | 5 | $ 509,000 | $ 101,800 | $ 34,000 |
| Trujillo Alto, Puerto Rico | 5 | $ 668,000 | $ 133,600 | $ 66,000 |
| Aguadilla, Puerto Rico | 4 | $ 299,000 | $ 74,750 | $ 27,000 |
| Caguas, Puerto Rico | 4 | $ 464,000 | $ 116,000 | $ 46,000 |
| Cidra, Puerto Rico | 4 | $ 696,000 | $ 174,000 | $ 92,000 |
| Humacao, Puerto Rico | 4 | $ 918,000 | $ 229,500 | $ 271,000 |
| Juana Diaz, Puerto Rico | 4 | $ 530,000 | $ 132,500 | $ 56,000 |
| Manati, Puerto Rico | 4 | $ 278,000 | $ 69,500 | $ 21,000 |
| Quebradillas, Puerto Rico | 4 | $ 566,000 | $ 141,500 | $ 57,000 |
| Vega Baja, Puerto Rico | 4 | $ 518,000 | $ 129,500 | $ 59,000 |
| Barceloneta, Puerto Rico | 3 | $ 404,000 | $ 134,666 | $ 39,000 |
| Canovanas, Puerto Rico | 3 | $ 248,000 | $ 82,666 | $ 28,000 |
| Guayama, Puerto Rico | 3 | $ 591,000 | $ 197,000 | $ 162,000 |
| Moca, Puerto Rico | 3 | $ 283,000 | $ 94,333 | $ 89,000 |
| San Sebastian, Puerto Rico | 3 | $ 331,000 | $ 110,333 | $ 34,000 |
| Santa Isabel, Puerto Rico | 3 | $ 261,000 | $ 87,000 | $ 45,000 |
| Anasco, Puerto Rico | 2 | $ 117,000 | $ 58,500 | $ 24,000 |
| Cayey, Puerto Rico | 2 | $ 176,000 | $ 88,000 | $ 44,000 |
| Ceiba, Puerto Rico | 2 | $ 321,000 | $ 160,500 | $ 82,000 |
| Hatillo, Puerto Rico | 2 | $ 396,000 | $ 198,000 | $ 45,000 |
| Hormigueros, Puerto Rico | 2 | $ 387,000 | $ 193,500 | $ 59,000 |
| Juncos, Puerto Rico | 2 | $ 337,000 | $ 168,500 | $ 52,000 |
| Mayaguez, Puerto Rico | 2 | $ 477,000 | $ 238,500 | $ 138,000 |
| Penuelas, Puerto Rico | 2 | $ 180,000 | $ 90,000 | $ 35,000 |
| Rio Grande, Puerto Rico | 2 | $ 168,000 | $ 84,000 | $ 28,000 |
| Sabana Grande, Puerto Rico | 2 | $ 143,000 | $ 71,500 | $ 36,000 |
| Salinas, Puerto Rico | 2 | $ 1,031,000 | $ 515,500 | $ 360,000 |
| Yauco, Puerto Rico | 2 | $ 133,000 | $ 66,500 | $ 20,000 |
| Aguas Buenas, Puerto Rico | 1 | $ 89,000 | $ 89,000 | $ 51,000 |
| Arroyo, Puerto Rico | 1 | $ 2,000,000 | $ 2,000,000 | $ 270,000 |
| Barranquitas, Puerto Rico | 1 | $ 108,000 | $ 108,000 | $ 42,000 |
| Catano, Puerto Rico | 1 | $ 145,000 | $ 145,000 | $ 28,000 |
| Ciales, Puerto Rico | 1 | $ 240,000 | $ 240,000 | $ 92,000 |
| Gurabo, Puerto Rico | 1 | $ 109,000 | $ 109,000 | $ 37,000 |
| Isabela, Puerto Rico | 1 | $ 171,000 | $ 171,000 | $ 61,000 |
| San Lorenzo, Puerto Rico | 1 | $ 114,000 | $ 114,000 | $ 27,000 |
| Vega Alta, Puerto Rico | 1 | $ 55,000 | $ 55,000 | $ 43,000 |
Mortgage Loan Application Detail Totals for Nlc Puerto Rico in 2007
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 | 127 | $19,317,000 | $152,000 | $2,000,000 | $78,000 | $679,000 |
| Refinancing | 100 | $16,256,000 | $162,000 | $2,550,000 | $82,000 | $637,000 |
| 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 | 224 | $34,444,000 | $153,000 | $2,550,000 | $77,000 | $637,000 |
| Not Provided | 3 | $1,129,000 | $376,000 | $900,000 | $249,000 | $679,000 |
| White | 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 |
| 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) | 155 | $26,860,000 | $173,000 | $2,550,000 | $96,000 | $679,000 |
| FHA-insured (Federal Housing Administration) | 50 | $5,982,000 | $119,000 | $203,000 | $45,000 | $166,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 19 | $2,073,000 | $109,000 | $211,000 | $33,000 | $54,000 |
| VA-guaranteed (Veterans Administration) | 3 | $658,000 | $219,000 | $240,000 | $87,000 | $121,000 |
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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 97 | $15,919,000 | $164,000 | $2,000,000 | $92,000 | $679,000 |
| Loan Originated | 64 | $8,470,000 | $132,000 | $1,475,000 | $53,000 | $544,000 |
| Application Withdrawn By Applicant | 59 | $10,552,000 | $178,000 | $2,550,000 | $94,000 | $637,000 |
| File Closed For Incompleteness | 6 | $526,000 | $87,000 | $125,000 | $31,000 | $54,000 |
| Application Approved But Not Accepted | 1 | $106,000 | $106,000 | $106,000 | $46,000 | $46,000 |
| 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 | 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 |
| Insufficient Cash (Downpayment, Closing Cost) | 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 Nlc Puerto Rico's 2007 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 Nlc Puerto Rico'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