In 2009, lenders reported 3,213 mortgage applications in Toa Baja Municipio, PR totaling $329.5 million, up 1% from 2008. The average application was for $102,000, and applicants reported an average income of $40,000. 37% of applications resulted in an originated loan and 22% were denied. The most active lender was Popular Mortgage, Inc., with 452 applications, followed by R-G Premier Bank of P.R. and Banco Popular De 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 | 3,213 |
| Total Mortgage Loan Application Amount | $329,506,000 |
| Average Mortgage Loan Application Amount | $102,000 |
| Highest Mortgage Loan Application Amount | $2,240,000 |
| Average Applicant Income | $40,000 |
| Highest Applicant Income | $1,531,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Popular Mortgage, Inc. PO BOX 362708 SAN JUAN, PR 00936 |
* | $ 25,691,000,000 | 452 | $ 52,780,000 |
| R-G Premier Bank of P.R. PO BOX 2510 GUAYNABO, PR 00970 |
* | $ 7,050,076,000 | 431 | $ 43,204,000 |
| Banco Popular De Puerto Rico PO BOX 362708 SAN JUAN, PR 00936 |
* | $ 25,522,000,000 | 309 | $ 3,602,000 |
| Doral Mortgage LLC DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV SAN JUAN, PR 00921 |
* | $ 11,855,073,000 | 291 | $ 35,067,000 |
| Citibank, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,227,040,000,000 | 286 | $ 28,091,000 |
| Firstbank Puerto Rico PO BOX 9146 SANTURCE, PR 00908 |
* | $ 18,492,607,000 | 232 | $ 23,638,000 |
| Doral Bank 268 PONCE DE LEON SUITE 910 SAN JUAN, PR 00918 |
* | $ 9,048,489,000 | 207 | $ 22,055,000 |
| Westernbak Puerto Rico PO BOX 1180 MAYAGUEZ, PR 00681 |
* | $ 15,239,790,000 | 118 | $ 2,031,000 |
| Firstmortgage PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 9,582,507,000 | 90 | $ 9,646,000 |
| Scotiabank De Puerto Rico 290 JESUS T. PIN++ERO SAN JUAN, PR 00918 |
* | $ 1,525,092,000 | 79 | $ 9,160,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 5,839,415,000 | 75 | $ 10,854,000 |
| Banco Santander P.O.BOX 362589 SAN JUAN, PR 00936 |
* | $ 7,724,708,000 | 69 | $ 8,313,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ 10,000,000 | 67 | $ 7,498,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ 10,000,000 | 62 | $ 7,366,000 |
| Banco Bilbao Vizcaya Argentari 254 MUNOZ RIVERA AVE SAN JUAN, PR 00918 |
* | $ 6,033,316,000 | 52 | $ 7,072,000 |
| Reliable Financial Services PO BOX 21382, MAC F0302-001 SAN JUAN, PR 00928 |
* | $ 481,996,000 | 35 | $ 3,585,000 |
| James B. Nutter & Co. 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ 31,000,000 | 35 | $ 14,764,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ 10,000,000 | 27 | $ 3,467,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ 10,000,000 | 27 | $ 3,138,000 |
| Advance Mortgage Bankers, Inc. P.O. BOX 50286 TOA BAJA, PR 00950 |
* | $ 15,555,000 | 22 | $ 2,618,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ 10,000,000 | 19 | $ 2,455,000 |
| First Security Mortgage 97 DE DIEGO AVE. SAN JUAN, PR 00929 |
* | $ 10,000,000 | 19 | $ 2,509,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ 10,000,000 | 18 | $ 2,304,000 |
| Aaa Concordia Mortgage Corp RR-37 BOX 1837 SAN JUAN, PR 00926 |
* | $ 10,000,000 | 18 | $ 2,261,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ 10,000,000 | 18 | $ 4,635,000 |
| Beewee Mortgage Bankers Corpor PO BOX 16065 SAN JUAN, PR 00908 |
* | $ 10,000,000 | 16 | $ 2,117,000 |
| Santander Financial Services P.O. BOX 362589 SAN JUAN, PR 00936 |
* | $ 8,082,156,000 | 15 | $ 955,000 |
| World Mortgage Bankers 1108 AVE. ROOSEVELT SAN JUAN, PR 00920 |
* | $ 10,000,000 | 14 | $ 1,608,000 |
| First Mortgage Capital P.O BOX 550 BAYAMON, PR 00960 |
* | $ 10,000,000 | 13 | $ 1,895,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ 10,000,000 | 13 | $ 1,881,000 |
| Alianza Hipotecaria P.O. BOX 366201 SAN JUAN, PR 00936 |
* | $ 10,000,000 | 9 | $ 1,025,000 |
| Finance of America Reverse LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ 3,125,000 | 7 | $ 694,000 |
| The Mortgage Loan Co. 915 CAMPO RICO AVE SAN JUAN, PR 00924 |
* | $ 10,000,000 | 6 | $ 679,000 |
| Hispania Mortgage AVE. DEGETAU A-14 BONNEVILLE TERRACE CAGUAS, PR 00725 |
* | $ 1,471,000,000 | 6 | $ 726,000 |
| Top Mortgage Bankers PONCE DE LEON AVE. 1913 SANTURCE, PR 00607 |
* | $ 100,000,000 | 5 | $ 355,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ 10,000,000 | 5 | $ 574,000 |
| Jr Mortgage Home 2979 EMILIO FAGOT AVE. SUITE 1 PONCE, PR 00716 |
* | $ 1,395,899,000 | 4 | $ 397,000 |
| Express Solution Mortgage Corp 1606 PONCE DE LEON AVE. SUITE L-06 SAN JUAN, PR 00909 |
* | $ 15,000,000 | 4 | $ 506,000 |
| Pentagon Federal Credit Union 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 12,942,945,000 | 4 | $ 418,000 |
| First Equity Mortgage Bankers 9300 S DADELAND BLVD SUITE 500 MIAMI, FL 33156 |
* | $ 10,000,000 | 3 | $ 205,000 |
| Puerto Rico Federal Credit Uni RESOLUCION 55 ESQ. AVE ROOSEVELT SAN JUAN, PR 00922 |
* | $ 111,634,000 | 3 | $ 352,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 3 | $ 277,000 |
| Vegacoop APARTADO 1078 VEGA ALTA, PR 00692 |
* | $ 262,934,000 | 2 | $ 160,000 |
| Cooperativa La Sagrada Familia CALLE BOU 38 COROZAL, PR 00783 |
* | $ 40,000,000 | 2 | $ 165,000 |
| Caribe Federal Credit Union 195 ONEIL ST SAN JUAN, PR 00918 |
* | $ 208,082,000 | 2 | $ 168,000 |
| Onewest Bank, FSB 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 36,000,000,000 | 2 | $ 43,000 |
| Eurobank PO BOX 191009 SAN JUAN, PR 00926 |
* | $ 2,859,489,000 | 2 | $ 581,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ 525,000 | 2 | $ 356,000 |
| Rd Mortgage Bankers, Inc. SUITE 400 MIRAMAR PLAZA BLD. , #954 PON SAN JUAN, PR 00936 |
* | $ 1,000,000,000 | 2 | $ 232,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ 10,000,000 | 1 | $ 150,000 |
| The Mortgage House Inc. 915 ROBERTO SANCHEZ VILELA AVE SAN JUAN, PR 00924 |
* | $ 10,000,000 | 1 | $ 169,000 |
| Fsnb, National Association PO BOX 33309 LAWTON, OK 73501 |
* | $ 295,097,000 | 1 | $ 5,000 |
| Metlife Bank, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 10,273,647,000 | 1 | $ 118,000 |
| First Mariner Bank 3301 BOSTON STREET BALTIMORE, MD 21224 |
* | $ 1,196,580,000 | 1 | $ 59,000 |
| Vapr Federal Credit Union 2400 177 ROAD GUAYNABO, PR 00969 |
* | $ 121,478,000 | 1 | $ 103,000 |
| Rbs Mortgage Corporation 894-D MUNOZ RIVERA AVE SUITE 106 SAN JUAN, PR 00927 |
* | $ 10,000,000 | 1 | $ 64,000 |
| Coop Ac De La Industria Biopha VILLA CAROLINA, C9 AVE. ROBERTO CLEMENTE CAROLINA, PR 00985 |
* | $ 10,000,000 | 1 | $ 54,000 |
| Cooperativa De Ahorro Y Credito De Camuy 300 AVE. BALTAZAR JIMENEZ MENDEZ CAMUY, PR 00627 |
* | $ 10,000,000 | 1 | $ 104,000 |
| Cooperativa De A/C Arecibo PO BOX 1056 ARECIBO, PR 00613 |
* | $ 10,000,000 | 1 | $ 72,000 |
| Cooperativa De A/C Isabela 21 CALLE BARBOSA SUITE 1 ISABELA, PR 00662 |
* | $ 10,000,000 | 1 | $ 126,000 |
The tables below break down 2009 mortgage applications in Toa Baja 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 |
|---|---|---|---|---|---|---|
| Refinancing | 1,569 | $180,908,000 | $115,000 | $2,240,000 | $40,000 | $865,000 |
| Home Purchase | 992 | $126,017,000 | $127,000 | $626,000 | $42,000 | $303,000 |
| Home Improvement | 652 | $22,581,000 | $34,000 | $321,000 | $39,000 | $1,531,000 |
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 | 2,431 | $246,594,000 | $101,000 | $626,000 | $40,000 | $1,531,000 |
| Not applicable | 712 | $74,359,000 | $104,000 | $342,000 | $39,000 | $330,000 |
| Not Provided | 33 | $4,324,000 | $131,000 | $2,240,000 | $58,000 | $865,000 |
| White | 31 | $3,283,000 | $105,000 | $280,000 | $43,000 | $127,000 |
| Asian | 3 | $441,000 | $147,000 | $204,000 | $100,000 | $144,000 |
| Black or African American | 3 | $505,000 | $168,000 | $347,000 | $47,000 | $88,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 1,872 | $150,469,000 | $80,000 | $2,240,000 | $44,000 | $1,531,000 |
| FHA-insured (Federal Housing Administration) | 1,249 | $164,196,000 | $131,000 | $626,000 | $34,000 | $230,000 |
| VA-guaranteed (Veterans Administration) | 89 | $14,483,000 | $162,000 | $347,000 | $49,000 | $104,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $358,000 | $119,000 | $142,000 | $23,000 | $29,000 |
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 | 1,175 | $132,673,000 | $112,000 | $626,000 | $41,000 | $472,000 |
| Loan Purchased By The Institution | 784 | $82,240,000 | $104,000 | $342,000 | $39,000 | $330,000 |
| Application Denied By Financial Institution | 710 | $52,725,000 | $74,000 | $540,000 | $36,000 | $522,000 |
| Application Withdrawn By Applicant | 294 | $33,978,000 | $115,000 | $355,000 | $45,000 | $267,000 |
| File Closed For Incompleteness | 139 | $14,703,000 | $105,000 | $298,000 | $50,000 | $1,531,000 |
| Application Approved But Not Accepted | 111 | $13,187,000 | $118,000 | $2,240,000 | $51,000 | $865,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 106 | $6,761,000 | $63,000 | $290,000 | $35,000 | $138,000 |
| Debt-To-Income Ratio | 56 | $4,632,000 | $82,000 | $321,000 | $40,000 | $522,000 |
| Other | 37 | $3,697,000 | $99,000 | $225,000 | $37,000 | $205,000 |
| Collateral | 26 | $3,158,000 | $121,000 | $291,000 | $35,000 | $65,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 16 | $575,000 | $35,000 | $158,000 | $21,000 | $52,000 |
| Unverifiable Information | 5 | $780,000 | $156,000 | $195,000 | $43,000 | $62,000 |
| Employment History | 3 | $305,000 | $101,000 | $130,000 | $37,000 | $65,000 |
| 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.
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