Popular Auto Mortgage Lending & HMDA Data, 2003
In 2003, Popular Auto of San Juan, PR reported 195 mortgage applications totaling $1.0 million. The average application was for $5,189, and applicants reported an average income of $54,000. 38% of its applications resulted in an originated loan and 42% were denied. Its largest markets were San Juan-Bayamon, PR (96), Caguas, PR (30) and Ponce, PR (16) (applications in parentheses).
| Mortgage Company & Address | Popular Auto Po Box 362708 San Juan, PR 00936 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 195 |
| Total Mortgage Loan Application Amount | $1,012,000 |
| Average Mortgage Loan Application Amount | $5,189 |
| Highest Mortgage Loan Application Amount | $24,000 |
| Average Applicant Income | $54,000 |
| Highest Applicant Income | $480,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Popular Auto filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Caguas, Puerto Rico | 17 | $ 103,000 | $ 6,058 | $ 74,000 |
| San Juan, Puerto Rico | 16 | $ 108,000 | $ 6,750 | $ 89,000 |
| Bayamon, Puerto Rico | 12 | $ 101,000 | $ 8,416 | $ 46,000 |
| Carolina, Puerto Rico | 10 | $ 41,000 | $ 4,100 | $ 48,000 |
| Guaynabo, Puerto Rico | 8 | $ 60,000 | $ 7,500 | $ 77,000 |
| Aguas Buenas, Puerto Rico | 7 | $ 39,000 | $ 5,571 | $ 88,000 |
| Arecibo, Puerto Rico | 6 | $ 21,000 | $ 3,500 | $ 57,000 |
| Mayaguez, Puerto Rico | 6 | $ 8,000 | $ 1,333 | $ 19,000 |
| Ponce, Puerto Rico | 6 | $ 29,000 | $ 4,833 | $ 42,000 |
| Trujillo Alto, Puerto Rico | 6 | $ 27,000 | $ 4,500 | $ 61,000 |
| Villalba, Puerto Rico | 6 | $ 32,000 | $ 5,333 | $ 47,000 |
| Aguadilla, Puerto Rico | 5 | $ 6,000 | $ 1,200 | $ 16,000 |
| Isabela, Puerto Rico | 5 | $ 7,000 | $ 1,400 | $ 34,000 |
| Juncos, Puerto Rico | 5 | $ 22,000 | $ 4,400 | $ 79,000 |
| San Lorenzo, Puerto Rico | 5 | $ 29,000 | $ 5,800 | $ 42,000 |
| Toa Alta, Puerto Rico | 5 | $ 37,000 | $ 7,400 | $ 93,000 |
| Gurabo, Puerto Rico | 4 | $ 37,000 | $ 9,250 | $ 87,000 |
| Aguada, Puerto Rico | 3 | $ 6,000 | $ 2,000 | $ 60,000 |
| Dorado, Puerto Rico | 3 | $ 13,000 | $ 4,333 | $ 180,000 |
| Las Piedras, Puerto Rico | 3 | $ 5,000 | $ 1,666 | $ 16,000 |
| San Sebastian, Puerto Rico | 3 | $ 16,000 | $ 5,333 | $ 40,000 |
| Toa Baja, Puerto Rico | 3 | $ 35,000 | $ 11,666 | $ 64,000 |
| Utuado, Puerto Rico | 3 | $ 14,000 | $ 4,666 | $ 22,000 |
| Camuy, Puerto Rico | 2 | $ 4,000 | $ 2,000 | $ 26,000 |
| Cayey, Puerto Rico | 2 | $ 9,000 | $ 4,500 | $ 64,000 |
| Cidra, Puerto Rico | 2 | $ 7,000 | $ 3,500 | $ 184,000 |
| Corozal, Puerto Rico | 2 | $ 16,000 | $ 8,000 | $ 37,000 |
| Guayama, Puerto Rico | 2 | $ 7,000 | $ 3,500 | $ 45,000 |
| Hormigueros, Puerto Rico | 2 | $ 2,000 | $ 1,000 | $ 11,000 |
| Juana Diaz, Puerto Rico | 2 | $ 9,000 | $ 4,500 | $ 24,000 |
| Lajas, Puerto Rico | 2 | $ 2,000 | $ 1,000 | $ 17,000 |
| Lares, Puerto Rico | 2 | $ 2,000 | $ 1,000 | $ 19,000 |
| Manati, Puerto Rico | 2 | $ 3,000 | $ 1,500 | $ 25,000 |
| Morovis, Puerto Rico | 2 | $ 7,000 | $ 3,500 | $ 37,000 |
| Naguabo, Puerto Rico | 2 | $ 14,000 | $ 7,000 | $ 36,000 |
| San German, Puerto Rico | 2 | $ 14,000 | $ 7,000 | $ 112,000 |
| Santa Isabel, Puerto Rico | 2 | $ 10,000 | $ 5,000 | $ 21,000 |
| Arroyo, Puerto Rico | 1 | $ 4,000 | $ 4,000 | $ 23,000 |
| Barceloneta, Puerto Rico | 1 | $ 1,000 | $ 1,000 | $ 25,000 |
| Canovanas, Puerto Rico | 1 | $ 2,000 | $ 2,000 | $ 12,000 |
| Catano, Puerto Rico | 1 | $ 11,000 | $ 11,000 | $ 20,000 |
| Coamo, Puerto Rico | 1 | $ 8,000 | $ 8,000 | $ 48,000 |
| Florida, Puerto Rico | 1 | $ 1,000 | $ 1,000 | $ 39,000 |
| Guayanilla, Puerto Rico | 1 | $ 6,000 | $ 6,000 | $ 48,000 |
| Hatillo, Puerto Rico | 1 | $ 1,000 | $ 1,000 | $ 18,000 |
| Humacao, Puerto Rico | 1 | $ 12,000 | $ 12,000 | $ 96,000 |
| Las Marias, Puerto Rico | 1 | $ 1,000 | $ 1,000 | $ 19,000 |
| Luquillo, Puerto Rico | 1 | $ 12,000 | $ 12,000 | $ 120,000 |
| Naranjito, Puerto Rico | 1 | $ 4,000 | $ 4,000 | $ 77,000 |
| Orocovis, Puerto Rico | 1 | $ 14,000 | $ 14,000 | $ 245,000 |
| Penuelas, Puerto Rico | 1 | $ 3,000 | $ 3,000 | $ 14,000 |
| Rincon, Puerto Rico | 1 | $ 1,000 | $ 1,000 | $ 31,000 |
| Rio Grande, Puerto Rico | 1 | $ 2,000 | $ 2,000 | $ 39,000 |
| Sabana Grande, Puerto Rico | 1 | $ 5,000 | $ 5,000 | $ 32,000 |
| Salinas, Puerto Rico | 1 | $ 2,000 | $ 2,000 | $ 19,000 |
| Vega Alta, Puerto Rico | 1 | $ 11,000 | $ 11,000 | $ 82,000 |
| Vega Baja, Puerto Rico | 1 | $ 9,000 | $ 9,000 | $ 48,000 |
Mortgage Loan Application Detail Totals for Popular Auto in 2003
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 (one-to-four family) | 195 | $1,012,000 | $5,000 | $24,000 | $54,000 | $480,000 |
| Home Purchase (one-to-four family) | 0 | $0 | $0 | $0 | $0 | $0 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) | 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 | 193 | $1,001,000 | $5,000 | $24,000 | $52,000 | $480,000 |
| American Indian or Alaskan Native | 2 | $11,000 | $5,000 | $7,000 | $147,000 | $260,000 |
| Asian or Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Black | 0 | $0 | $0 | $0 | $0 | $0 |
| Information not provided by applicant in mail or telephone application | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| White | 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) | 195 | $1,012,000 | $5,000 | $24,000 | $54,000 | $480,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 82 | $367,000 | $4,000 | $19,000 | $41,000 | $348,000 |
| Loan Originated | 75 | $392,000 | $5,000 | $18,000 | $68,000 | $480,000 |
| Application Approved But Not Accepted | 38 | $253,000 | $6,000 | $24,000 | $55,000 | $240,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 Popular Auto's 2003 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 Popular Auto'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