Mayaguez Municipio, PR Mortgage Lenders & HMDA Data, 2022
In 2022, lenders reported 393 mortgage applications in Mayaguez Municipio, PR totaling $50.1 million, down 24% from 2021. The average application was for $127,000, and applicants reported an average income of $71,000. 55% of applications resulted in an originated loan and 15% were denied. The most active lender was Banco Popular, with 89 applications, followed by Oriental Bank and Firstbank.
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Puerto Rico.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 393 |
| Total Mortgage Loan Application Amount | $50,115,000 |
| Average Mortgage Loan Application Amount | $127,000 |
| Highest Mortgage Loan Application Amount | $965,000 |
| Average Applicant Income | $71,000 |
| Highest Applicant Income | $964,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Banco Popular PO BOX 362708 SAN JUAN, PR 00936 |
* | $ 64,243,000,000 | 89 | $ 12,245,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 9,805,742,000 | 68 | $ 7,740,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 20,778,081,000 | 56 | $ 7,460,000 |
| Cooperativa De Ahorroy Credito PO BOX 608 RINCON, PR 00677 |
* | $ -1,000 | 43 | $ 3,815,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ -1,000 | 28 | $ 3,350,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 23 | $ 3,555,000 |
| Capital Mortgage 206 ELEANOR ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 12 | $ 2,570,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 32,520,025,000 | 12 | $ 2,070,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 5,072,223,000 | 10 | $ 1,330,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ -1,000 | 9 | $ 735,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ -1,000 | 9 | $ 1,365,000 |
| Equity Prime Mortgage LLC 5 CONCOURSE PKWY, STE 2250 ATLANTA, GA 30328 |
* | $ -1,000 | 6 | $ 790,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 5 | $ 385,000 |
| Cooperativa De A/C Isabela 21 CALLE BARBOSA SUITE 1 ISABELA, PR 00662 |
* | $ -1,000 | 5 | $ 275,000 |
| Planet Home Lending, LLC 321 RESEARCH PARKWAY SUITE 303 MERIDEN, CT 06450 |
* | $ -1,000 | 3 | $ 695,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ -1,000 | 2 | $ 290,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ -1,000 | 2 | $ 130,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ -1,000 | 2 | $ 130,000 |
| Calcon Mutual Mortgage LLC 3131 CAMINO DEL RIO N SUITE 1680 SAN DIEGO, CA 92108 |
* | $ -1,000 | 2 | $ 310,000 |
| Coopaca Mortgage PO BOX 1056 ARECIBO, PR 00613 |
* | $ -1,000 | 1 | $ 75,000 |
| Cooperativa De A\C Lares CARR 111 KM 3.8 AVE LOS PATRIOTAS LARES, PR 00669 |
* | $ -1,000 | 1 | $ 125,000 |
| Cooperativa De Ac San Jose CALLE DEGETAU 106 SUR AIBONITO, PR 00705 |
* | $ -1,000 | 1 | $ 65,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ -1,000 | 1 | $ 75,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ -1,000 | 1 | $ 115,000 |
| Nationwide Mortgage Bankers, Inc. MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 345,000 |
| A&D Mortgage LLC 899 W. CYPRESS CREEK ROAD FT. LAUDERDALE, FL 33309 |
* | $ -1,000 | 1 | $ 75,000 |
The tables below break down 2022 mortgage applications in Mayaguez Municipio, PR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Mayaguez Municipio, PR in 2022
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 | 322 | $40,930,000 | $127,000 | $525,000 | $70,000 | $964,000 |
| Cash-out Refinancing | 39 | $4,635,000 | $118,000 | $265,000 | $73,000 | $388,000 |
| Refinancing | 20 | $3,570,000 | $178,000 | $965,000 | $94,000 | $477,000 |
| Not Applicable | 8 | $630,000 | $78,000 | $205,000 | $0 | $0 |
| Other Purpose | 4 | $350,000 | $87,000 | $155,000 | $51,000 | $91,000 |
| 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 | 347 | $42,495,000 | $122,000 | $525,000 | $70,000 | $964,000 |
| Not applicable | 24 | $3,930,000 | $163,000 | $965,000 | $0 | $0 |
| White | 13 | $2,145,000 | $165,000 | $525,000 | $89,000 | $179,000 |
| Not Provided | 8 | $1,210,000 | $151,000 | $265,000 | $77,000 | $110,000 |
| Black or African American | 1 | $335,000 | $335,000 | $335,000 | $159,000 | $159,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 207 | $23,825,000 | $115,000 | $965,000 | $89,000 | $964,000 |
| FHA-insured (Federal Housing Administration) | 153 | $19,865,000 | $129,000 | $395,000 | $49,000 | $250,000 |
| VA-guaranteed (Veterans Administration) | 23 | $5,375,000 | $233,000 | $525,000 | $68,000 | $159,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $1,050,000 | $105,000 | $155,000 | $27,000 | $50,000 |
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 | 216 | $27,780,000 | $128,000 | $965,000 | $74,000 | $607,000 |
| Application Denied By Financial Institution | 59 | $7,775,000 | $131,000 | $525,000 | $77,000 | $964,000 |
| Application Withdrawn By Applicant | 57 | $7,055,000 | $123,000 | $525,000 | $60,000 | $229,000 |
| Loan Purchased By The Institution | 26 | $3,240,000 | $124,000 | $345,000 | $28,000 | $39,000 |
| Application Approved But Not Accepted | 19 | $2,235,000 | $117,000 | $265,000 | $78,000 | $246,000 |
| File Closed For Incompleteness | 16 | $2,030,000 | $126,000 | $265,000 | $51,000 | $144,000 |
| 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 | 334 | $42,340,000 | $126,000 | $965,000 | $70,000 | $607,000 |
| Collateral | 27 | $3,605,000 | $133,000 | $355,000 | $122,000 | $964,000 |
| Debt-To-Income Ratio | 15 | $1,805,000 | $120,000 | $285,000 | $36,000 | $100,000 |
| Employment History | 6 | $1,270,000 | $211,000 | $525,000 | $42,000 | $86,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $410,000 | $102,000 | $165,000 | $45,000 | $100,000 |
| Credit History | 4 | $360,000 | $90,000 | $155,000 | $39,000 | $79,000 |
| Other | 3 | $325,000 | $108,000 | $125,000 | $58,000 | $99,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
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