In 2011, lenders reported 638 mortgage applications in San Sebastian Municipio, PR totaling $52.4 million, up 22% from 2010. The average application was for $82,000, and applicants reported an average income of $33,000. 44% of applications resulted in an originated loan and 25% were denied. The most active lender was Popular Mortgage, Inc., with 177 applications, followed by Banco Popular and Banco Santander Puerto Rico.
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| 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 | 638 |
| Total Mortgage Loan Application Amount | $52,373,000 |
| Average Mortgage Loan Application Amount | $82,000 |
| Highest Mortgage Loan Application Amount | $300,000 |
| Average Applicant Income | $33,000 |
| Highest Applicant Income | $214,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Popular Mortgage, Inc. PO BOX 36708 SAN JUAN, PR 00936 |
* | $ 25,691,000,000 | 177 | $ 17,951,000 |
| Banco Popular PO BOX 362708 SAN JUAN, PR 00936 |
* | $ 29,371,000,000 | 108 | $ 1,175,000 |
| Banco Santander Puerto Rico P O BOX 362589, SAN JUAN, PR 00936 |
* | $ 6,987,029,000 | 90 | $ 8,270,000 |
| Scotiabank De Puerto Rico 290 JESUS T. PIN++ERO SAN JUAN, PR 00918 |
* | $ 6,920,242,000 | 48 | $ 3,744,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 14,100,472,000 | 36 | $ 3,824,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 7,168,817,000 | 34 | $ 3,149,000 |
| Finance of America Reverse LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ 3,125,000 | 27 | $ 2,377,000 |
| Doral Mortgage LLC DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV SAN JUAN, PR 00921 |
* | $ 11,855,073,000 | 19 | $ 1,890,000 |
| Firstmortgage PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 9,582,507,000 | 19 | $ 1,848,000 |
| Santander Financial Services P.O. BOX 71504 SAN JUAN, PR 00936 |
* | $ 8,082,156,000 | 18 | $ 1,494,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ 10,000,000 | 11 | $ 884,000 |
| Banco Bilbao Vizcaya Argentari 254 MU?OZ RIVERA AVE., SAN JUAN, PR 00936 |
* | $ 4,908,249,000 | 8 | $ 783,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ 10,000,000 | 7 | $ 854,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ 10,000,000 | 6 | $ 648,000 |
| Cooperativa De Ahorroy Credito PO BOX 608 RINCON, PR 00677 |
* | $ 10,000,000 | 5 | $ 728,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ 10,000,000 | 4 | $ 522,000 |
| Cooperativa De Ahorro Y Credito De Aguada P.O. BOX 543 AGUADA, PR 00602 |
* | $ 10,000,000 | 4 | $ 528,000 |
| Cooperativa Ahorro Y Credito Aguadilla APARTADO 541 AGUADILLA, PR 00605 |
* | $ 10,000,000 | 2 | $ 64,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ 10,000,000 | 2 | $ 217,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ 789,772,000 | 2 | $ 173,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 1,444,690,000 | 2 | $ 299,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 15,104,501,000 | 1 | $ 167,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ 10,000,000 | 1 | $ 51,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ 525,000 | 1 | $ 250,000 |
| Cooperativa De Mayaguez PO BOX 416 MAYAGUEZ, PR 00680 |
* | $ 49,000,000 | 1 | $ 141,000 |
| Coop Ac De La Industria Biopha VILLA CAROLINA, C9 AVE. ROBERTO CLEMENTE CAROLINA, PR 00985 |
* | $ 10,000,000 | 1 | $ 60,000 |
| Cooperativa De A/C Isabela 21 CALLE BARBOSA SUITE 1 ISABELA, PR 00662 |
* | $ 10,000,000 | 1 | $ 45,000 |
| Express Solution Mortgage Corp 1606 PONCE DE LEON AVE. SUITE L-06 SAN JUAN, PR 00909 |
* | $ 15,000,000 | 1 | $ 67,000 |
| Top Mortgage Bankers PONCE DE LEON AVE. 1913 SANTURCE, PR 00607 |
* | $ 100,000,000 | 1 | $ 103,000 |
| Hispania Mortgage AVE. DEGETAU A-14 BONNEVILLE TERRACE CAGUAS, PR 00725 |
* | $ 947,000 | 1 | $ 67,000 |
The tables below break down 2011 mortgage applications in San Sebastian Municipio, PR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
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 | 244 | $25,747,000 | $105,000 | $300,000 | $37,000 | $182,000 |
| Refinancing | 210 | $21,199,000 | $100,000 | $260,000 | $35,000 | $189,000 |
| Home Improvement | 184 | $5,427,000 | $29,000 | $252,000 | $26,000 | $214,000 |
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 | 586 | $47,431,000 | $80,000 | $263,000 | $35,000 | $214,000 |
| Not applicable | 44 | $4,487,000 | $101,000 | $300,000 | $7,000 | $96,000 |
| Not Provided | 6 | $156,000 | $26,000 | $89,000 | $26,000 | $66,000 |
| White | 2 | $299,000 | $149,000 | $150,000 | $39,000 | $44,000 |
| 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 |
| 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) | 427 | $30,485,000 | $71,000 | $300,000 | $36,000 | $214,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 105 | $11,143,000 | $106,000 | $184,000 | $29,000 | $69,000 |
| FHA-insured (Federal Housing Administration) | 94 | $8,960,000 | $95,000 | $263,000 | $23,000 | $118,000 |
| VA-guaranteed (Veterans Administration) | 12 | $1,785,000 | $148,000 | $209,000 | $46,000 | $78,000 |
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 | 283 | $24,602,000 | $86,000 | $263,000 | $38,000 | $214,000 |
| Application Denied By Financial Institution | 159 | $10,063,000 | $63,000 | $260,000 | $33,000 | $171,000 |
| Loan Purchased By The Institution | 76 | $7,202,000 | $94,000 | $300,000 | $9,000 | $112,000 |
| Application Withdrawn By Applicant | 66 | $6,447,000 | $97,000 | $235,000 | $36,000 | $118,000 |
| File Closed For Incompleteness | 34 | $2,954,000 | $86,000 | $214,000 | $43,000 | $163,000 |
| Application Approved But Not Accepted | 20 | $1,105,000 | $55,000 | $165,000 | $32,000 | $62,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 8 | $914,000 | $114,000 | $165,000 | $34,000 | $59,000 |
| Debt-To-Income Ratio | 7 | $695,000 | $99,000 | $125,000 | $24,000 | $59,000 |
| Credit History | 6 | $373,000 | $62,000 | $138,000 | $43,000 | $62,000 |
| Unverifiable Information | 4 | $267,000 | $66,000 | $200,000 | $80,000 | $127,000 |
| Other | 1 | $134,000 | $134,000 | $134,000 | $23,000 | $23,000 |
| Employment History | 1 | $132,000 | $132,000 | $132,000 | $34,000 | $34,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $65,000 | $65,000 | $65,000 | $25,000 | $25,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.
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