Ponce, PR Metro Area Mortgage Lenders & HMDA Data, 2022
In 2022, lenders reported 1,347 mortgage applications in Ponce, PR metro area totaling $156.3 million, down 30% from 2021. The average application was for $116,002, and applicants reported an average income of $56,000. 46% of applications resulted in an originated loan and 18% were denied. The most active lender was Banco Popular, with 305 applications, followed by First Equity Mortgage Bankers Inc. and Oriental Bank.
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 | 1,347 |
| Total Mortgage Loan Application Amount | $156,255,000 |
| Average Mortgage Loan Application Amount | $116,002 |
| Highest Mortgage Loan Application Amount | $4,005,000 |
| Average Applicant Income | $56,000 |
| Highest Applicant Income | $977,000 |
| 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 | 305 | $ 36,315,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ -1,000 | 167 | $ 18,095,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 9,805,742,000 | 163 | $ 16,735,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ -1,000 | 163 | $ 16,865,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 162 | $ 17,200,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 20,778,081,000 | 129 | $ 15,615,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 32,520,025,000 | 52 | $ 7,160,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ -1,000 | 31 | $ 3,835,000 |
| Planet Home Lending, LLC 321 RESEARCH PARKWAY SUITE 303 MERIDEN, CT 06450 |
* | $ -1,000 | 25 | $ 2,725,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ -1,000 | 23 | $ 3,215,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 16 | $ 1,740,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ -1,000 | 15 | $ 2,355,000 |
| Coopaca Mortgage PO BOX 1056 ARECIBO, PR 00613 |
* | $ -1,000 | 14 | $ 1,520,000 |
| Cooperativa De A\C Oriental PO BOX 876 HUMACAO, PR 00791 |
* | $ -1,000 | 8 | $ 670,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ -1,000 | 7 | $ 805,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ -1,000 | 7 | $ 825,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ -1,000 | 7 | $ 805,000 |
| Caribe Federal Credit Union 195 ONEIL ST SAN JUAN, PR 00918 |
* | $ 586,695,000 | 5 | $ 425,000 |
| Cooperativa De Ahorroy Credito PO BOX 608 RINCON, PR 00677 |
* | $ -1,000 | 5 | $ 645,000 |
| Capital Mortgage 206 ELEANOR ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 5 | $ 665,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ -1,000 | 4 | $ 380,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 5,072,223,000 | 4 | $ 790,000 |
| Cooperativa De A\C Lares CARR 111 KM 3.8 AVE LOS PATRIOTAS LARES, PR 00669 |
* | $ -1,000 | 3 | $ 155,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ -1,000 | 3 | $ 385,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ -1,000 | 2 | $ 260,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ -1,000 | 2 | $ 240,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ -1,000 | 2 | $ 190,000 |
| Cooperativa De Ac Hatillo PO BOX 95 HATILLO, PR 00659 |
* | $ -1,000 | 2 | $ 290,000 |
| Cooperativa De Ac Santa Isabel P.O. BOX 812 SANTA ISABEL, PR 00757 |
* | $ -1,000 | 2 | $ 90,000 |
| Coop. De A/C La Puertorrique+¦A AVE. ANA G. MÉNDEZ, 9729 PR-176 KM 1.1 SAN JUAN, PR 00921 |
* | $ -1,000 | 2 | $ 140,000 |
| Cooperativa La Sagrada Familia CALLE BOU 38 COROZAL, PR 00783 |
* | $ -1,000 | 1 | $ 195,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ -1,000 | 1 | $ 95,000 |
| Cooperativa De Ac Jesus Obrero PMB 159 HC 01 BOX 29030 GUAYNABO, PR 00969 |
* | $ -1,000 | 1 | $ 55,000 |
| Arbor Realty Trust, Inc. 333 EARLE OVINGTON BLVD., SUITE 900 UNIONDALE, NY 11553 |
* | $ -1,000 | 1 | $ 4,005,000 |
| Cooperativa De A\C Aibonite+¦A 100 CALLE JOSE C VAZQUE AIBONITO, PR 00705 |
* | $ -1,000 | 1 | $ 75,000 |
| Caguas Coop AVE JOSE GAUTIER BENITEZ, CARR 1 KM 37.5 CAGUAS, PR 00726 |
* | $ -1,000 | 1 | $ 25,000 |
| Cooperativa De Ac Las Piedras APARTADO 414 LAS PIEDRAS, PR 00771 |
* | $ -1,000 | 1 | $ 55,000 |
| A&D Mortgage LLC 899 W. CYPRESS CREEK ROAD FT. LAUDERDALE, FL 33309 |
* | $ -1,000 | 1 | $ 105,000 |
| Cooperativa De A/C Camuy AVE. BALTAZAR JIMÉNEZ MÉNDEZ #300 CAMUY, PR 00627 |
* | $ -1,000 | 1 | $ 145,000 |
| Cooperativa De Ac Maunabo BOX 127 MAUNABO, PR 00707 |
* | $ -1,000 | 1 | $ 165,000 |
| Calcon Mutual Mortgage LLC 3131 CAMINO DEL RIO N SUITE 1680 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 145,000 |
| Midfirst Bank 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 32,127,026,000 | 1 | $ 55,000 |
The tables below break down 2022 mortgage applications in Ponce, PR metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Ponce, 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 | 1,024 | $116,760,000 | $114,000 | $585,000 | $53,000 | $516,000 |
| Cash-out Refinancing | 116 | $12,870,000 | $110,000 | $385,000 | $58,000 | $351,000 |
| Not Applicable | 89 | $5,485,000 | $61,000 | $185,000 | $93,000 | $93,000 |
| Refinancing | 87 | $17,865,000 | $205,000 | $4,005,000 | $71,000 | $293,000 |
| Other Purpose | 25 | $2,555,000 | $102,000 | $415,000 | $87,000 | $977,000 |
| Home Improvement | 6 | $720,000 | $120,000 | $225,000 | $69,000 | $132,000 |
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 | 1,071 | $120,345,000 | $112,000 | $585,000 | $54,000 | $516,000 |
| Not applicable | 237 | $30,315,000 | $127,000 | $4,005,000 | $0 | $0 |
| Not Provided | 20 | $2,260,000 | $113,000 | $415,000 | $89,000 | $977,000 |
| White | 17 | $3,095,000 | $182,000 | $575,000 | $89,000 | $330,000 |
| Black or African American | 2 | $240,000 | $120,000 | $135,000 | $114,000 | $192,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 671 | $72,755,000 | $108,000 | $4,005,000 | $42,000 | $282,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 466 | $56,160,000 | $120,000 | $3,575,000 | $74,000 | $977,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 137 | $14,595,000 | $106,000 | $325,000 | $35,000 | $90,000 |
| VA-guaranteed (Veterans Administration) | 73 | $12,745,000 | $174,000 | $405,000 | $70,000 | $290,000 |
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 | 617 | $76,615,000 | $124,000 | $3,575,000 | $62,000 | $977,000 |
| Application Denied By Financial Institution | 241 | $25,145,000 | $104,000 | $385,000 | $45,000 | $240,000 |
| Loan Purchased By The Institution | 239 | $23,005,000 | $96,000 | $355,000 | $23,000 | $28,000 |
| Application Withdrawn By Applicant | 148 | $20,450,000 | $138,000 | $4,005,000 | $51,000 | $516,000 |
| Application Approved But Not Accepted | 56 | $6,110,000 | $109,000 | $245,000 | $47,000 | $192,000 |
| File Closed For Incompleteness | 46 | $4,930,000 | $107,000 | $535,000 | $54,000 | $293,000 |
| 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 | 1,106 | $131,110,000 | $118,000 | $4,005,000 | $58,000 | $977,000 |
| Collateral | 92 | $9,320,000 | $101,000 | $275,000 | $48,000 | $240,000 |
| Debt-To-Income Ratio | 54 | $6,220,000 | $115,000 | $365,000 | $37,000 | $120,000 |
| Other | 32 | $3,260,000 | $101,000 | $185,000 | $46,000 | $172,000 |
| Credit History | 30 | $3,410,000 | $113,000 | $385,000 | $47,000 | $161,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 13 | $975,000 | $75,000 | $155,000 | $38,000 | $137,000 |
| Mortgage Insurance Denied | 6 | $550,000 | $91,000 | $215,000 | $55,000 | $126,000 |
| Employment History | 6 | $610,000 | $101,000 | $155,000 | $58,000 | $135,000 |
| Credit Application Incomplete | 4 | $450,000 | $112,000 | $145,000 | $40,000 | $54,000 |
| Unverifiable Information | 4 | $350,000 | $87,000 | $105,000 | $93,000 | $192,000 |
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