Toa Baja Municipio, PR Mortgage Lenders & HMDA Data, 2023
In 2023, lenders reported 697 mortgage applications in Toa Baja Municipio, PR totaling $89.7 million, down 14% from 2022. The average application was for $128,000, and applicants reported an average income of $58,000. 52% of applications resulted in an originated loan and 14% were denied. The most active lender was Banco Popular, with 180 applications, followed by Firstbank and The Moneyhouse Inc..
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 | 697 |
| Total Mortgage Loan Application Amount | $89,705,000 |
| Average Mortgage Loan Application Amount | $128,000 |
| Highest Mortgage Loan Application Amount | $535,000 |
| Average Applicant Income | $58,000 |
| Highest Applicant Income | $688,000 |
| 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 |
* | $ 56,050,000,000 | 180 | $ 23,550,000 |
| Firstbank PO BOX 9146 SAN JUAN, PR 00908 |
* | $ 18,626,645,000 | 95 | $ 11,145,000 |
| The Moneyhouse Inc. #52 CALLE PASEO COVANDONGA SAN JUAN, PR 00901 |
* | $ -1,000 | 83 | $ 11,565,000 |
| First Equity Mortgage Bankers Inc. 9300 S DADELAND BLVD STE 500 MIAMI, FL 33156 |
* | $ -1,000 | 51 | $ 6,525,000 |
| Oriental Bank PO BOX 195115 SAN JUAN, PR 00919 |
* | $ 9,709,667,000 | 35 | $ 4,485,000 |
| Preferred Mortgage LLC 307 AVE FD ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 32 | $ 4,020,000 |
| Home Mortgage Bankers AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F CAROLINA, PR 00983 |
* | $ -1,000 | 23 | $ 2,855,000 |
| Trust Mortgage Corp. EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS SAN JUAN, PR 00923 |
* | $ -1,000 | 23 | $ 2,815,000 |
| Metro Island Mortgage VILLA NEVAREZ PROF. CENTER SUITE 201 RIO PIEDRAS, PR 00927 |
* | $ -1,000 | 18 | $ 2,890,000 |
| Hr Mortgage Corp M11 CALLE ROBLE, VILLA TURABO CAGUAS, PR 00725 |
* | $ -1,000 | 17 | $ 1,845,000 |
| Pentagon Federal Credit Union OMAHA, NE 68164 |
* | $ 35,526,360,000 | 15 | $ 3,715,000 |
| Latin American Financlal 1700 JESUS T. PINERO AVE 2ND FL STE 26 SAN JUAN, PR 00921 |
* | $ -1,000 | 14 | $ 2,050,000 |
| Vegacoop APARTADO 1078 VEGA ALTA, PR 00692 |
* | $ -1,000 | 13 | $ 1,195,000 |
| Multiples Mortgage Corp. 761 AVE. LUIS MUNOZ RIVERA, SAN JUAN, PR 00918 |
* | $ -1,000 | 11 | $ 1,175,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 10 | $ 1,120,000 |
| Coopaca Mortgage PO BOX 1056 ARECIBO, PR 00613 |
* | $ -1,000 | 10 | $ 1,190,000 |
| Vig Mortgage 1225 PONCE DE LEON VIG TOWER SUITE B-J SAN JUAN, PR 00907 |
* | $ -1,000 | 10 | $ 1,210,000 |
| Rf Mortgage & Investment Corp PO BOX 361309 SAN JUAN, PR 00936 |
* | $ -1,000 | 8 | $ 1,150,000 |
| Emi Equity Mortgage, Inc. 1651 PONCE DE LEON AVE, SUITE 102 SAN JUAN, PR 00909 |
* | $ -1,000 | 8 | $ 790,000 |
| Capital Mortgage 206 ELEANOR ROOSEVELT SAN JUAN, PR 00918 |
* | $ -1,000 | 7 | $ 655,000 |
| Actual Mortgage Bankers PO BOX 2808 BAYAMON, PR 00960 |
* | $ -1,000 | 6 | $ 660,000 |
| Coop. De A/C La Puertorrique+¦A AVE. ANA G. MÉNDEZ, 9729 PR-176 KM 1.1 SAN JUAN, PR 00921 |
* | $ -1,000 | 5 | $ 665,000 |
| Planet Home Lending, LLC 321 RESEARCH PARKWAY SUITE 303 MERIDEN, CT 06450 |
* | $ -1,000 | 3 | $ 335,000 |
| Senior Mortgage Banker 1239 ROOSEVELT AVE SAN JUAN, PR 00920 |
* | $ -1,000 | 3 | $ 395,000 |
| Caribe Federal Credit Union 195 ONEIL ST SAN JUAN, PR 00918 |
* | $ 654,595,000 | 3 | $ 235,000 |
| The Lending Center Corporation G-8 ONEILL STREET SAN JUAN, PR 00918 |
* | $ -1,000 | 2 | $ 220,000 |
| Calcon Mutual Mortgage LLC 3131 CAMINO DEL RIO N SUITE 1680 SAN DIEGO, CA 92108 |
* | $ -1,000 | 2 | $ 180,000 |
| Cooperativa De Ac Jesus Obrero PMB 159 HC 01 BOX 29030 GUAYNABO, PR 00969 |
* | $ -1,000 | 1 | $ 165,000 |
| Cooperativa La Sagrada Familia CALLE BOU 38 COROZAL, PR 00783 |
* | $ -1,000 | 1 | $ 85,000 |
| Everett Financial, Inc. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 1 | $ 165,000 |
| Cooperativa De Ac Las Piedras APARTADO 414 LAS PIEDRAS, PR 00771 |
* | $ -1,000 | 1 | $ 75,000 |
| Cooperativa De A\C Oriental PO BOX 876 HUMACAO, PR 00791 |
* | $ -1,000 | 1 | $ 45,000 |
| Baxter Credit Union 340 N MILWAUKEE AVE 340 N MILWAUKEE AVE, IL 60061 |
* | $ 5,751,484,000 | 1 | $ 125,000 |
| Discover Bank 12 READS WAY GREENWOOD, DE 19950 |
* | $ 129,461,046,000 | 1 | $ 35,000 |
| Village Capital & Investment 2460 PASEO VERDE PKWY SUITE 100 HENDERSON, NV 89074 |
* | $ -1,000 | 1 | $ 165,000 |
| Crosscountry Mortgage, LLC 2160 SUPERIOR AVENUE CLEVELAND, OH 44114 |
* | $ -1,000 | 1 | $ 105,000 |
| A&D Mortgage LLC 899 W. CYPRESS CREEK ROAD FT. LAUDERDALE, FL 33309 |
* | $ -1,000 | 1 | $ 105,000 |
The tables below break down 2023 mortgage applications in Toa Baja 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 Toa Baja Municipio, PR in 2023
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 | 614 | $79,980,000 | $130,000 | $535,000 | $57,000 | $498,000 |
| Cash-out Refinancing | 35 | $5,005,000 | $143,000 | $365,000 | $68,000 | $188,000 |
| Not Applicable | 18 | $1,090,000 | $60,000 | $105,000 | $0 | $0 |
| Refinancing | 18 | $2,520,000 | $140,000 | $255,000 | $92,000 | $688,000 |
| Other Purpose | 11 | $1,035,000 | $94,000 | $135,000 | $32,000 | $61,000 |
| Home Improvement | 1 | $75,000 | $75,000 | $75,000 | $44,000 | $44,000 |
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 | 517 | $64,935,000 | $125,000 | $475,000 | $56,000 | $688,000 |
| Not applicable | 154 | $19,520,000 | $126,000 | $365,000 | $0 | $0 |
| White | 15 | $2,375,000 | $158,000 | $255,000 | $95,000 | $498,000 |
| Not Provided | 6 | $2,080,000 | $346,000 | $535,000 | $132,000 | $216,000 |
| Black or African American | 3 | $625,000 | $208,000 | $385,000 | $80,000 | $111,000 |
| American Indian or Alaskan Native | 1 | $35,000 | $35,000 | $35,000 | $39,000 | $39,000 |
| Asian | 1 | $135,000 | $135,000 | $135,000 | $61,000 | $61,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 462 | $59,290,000 | $128,000 | $475,000 | $49,000 | $234,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 173 | $18,425,000 | $106,000 | $535,000 | $64,000 | $688,000 |
| VA-guaranteed (Veterans Administration) | 62 | $11,990,000 | $193,000 | $485,000 | $93,000 | $208,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 365 | $48,975,000 | $134,000 | $485,000 | $57,000 | $498,000 |
| Loan Purchased By The Institution | 154 | $19,520,000 | $126,000 | $365,000 | $0 | $0 |
| Application Denied By Financial Institution | 99 | $12,095,000 | $122,000 | $535,000 | $54,000 | $216,000 |
| Application Withdrawn By Applicant | 52 | $6,220,000 | $119,000 | $405,000 | $71,000 | $688,000 |
| File Closed For Incompleteness | 17 | $1,675,000 | $98,000 | $165,000 | $40,000 | $74,000 |
| Application Approved But Not Accepted | 10 | $1,220,000 | $122,000 | $165,000 | $68,000 | $112,000 |
| 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 | 598 | $77,610,000 | $129,000 | $485,000 | $59,000 | $688,000 |
| Collateral | 47 | $5,245,000 | $111,000 | $255,000 | $49,000 | $190,000 |
| Debt-To-Income Ratio | 21 | $2,625,000 | $125,000 | $285,000 | $45,000 | $141,000 |
| Credit History | 8 | $1,020,000 | $127,000 | $165,000 | $60,000 | $102,000 |
| Other | 7 | $795,000 | $113,000 | $195,000 | $60,000 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $770,000 | $128,000 | $205,000 | $50,000 | $71,000 |
| Credit Application Incomplete | 5 | $605,000 | $121,000 | $165,000 | $82,000 | $148,000 |
| Employment History | 2 | $170,000 | $85,000 | $115,000 | $25,000 | $39,000 |
| Unverifiable Information | 2 | $670,000 | $335,000 | $535,000 | $148,000 | $216,000 |
| Mortgage Insurance Denied | 1 | $195,000 | $195,000 | $195,000 | $112,000 | $112,000 |
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