Vega Alta Municipio, PR Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 2,030 mortgage applications in Vega Alta Municipio, PR totaling $246.2 million, down 4% from 2004. The average application was for $121,000, and applicants reported an average income of $58,000. 49% of applications resulted in an originated loan and 18% were denied. The most active lender was Banco Popular De Puerto Rico, with 293 applications, followed by Doral Bank and Doral Mortgage Corp..

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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 2,030
Total Mortgage Loan Application Amount $246,166,000
Average Mortgage Loan Application Amount $121,000
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $58,000
Highest Applicant Income $2,025,000

Mortgage Company List for Lending in Vega Alta Municipio, PR for 2005

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Banco Popular De Puerto Rico
PO BOX 362708
SAN JUAN, PR 00936
* $ 23,802,000,000 293 $ 17,150,000
Doral Bank
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 11,189,511,000 213 $ 30,441,000
Doral Mortgage Corp.
PO BOX 71528
SAN JUAN, PR 00936
* $ 15,140,693,000 205 $ 19,254,000
Popular Mortgage, Inc.
PO BOX 362708
SAN JUAN, PR 00936
* $ 23,802,000,000 155 $ 31,680,000
R & G Mortgage Corporation
P O BOX 362394
SAN JUAN, PR 00936
* $ 10,198,602,000 142 $ 15,935,000
Banco Santander
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 8,258,362,000 113 $ 14,698,000
R-G Premier Bank of P.R.
PO BOX 2510
GUAYNABO, PR 00970
* $ 7,573,646,000 108 $ 15,243,000
Hf Mortgage Bankers
DORAL FINANCIAL PLAZA
1451 ROOSEVELT AVE S.J., PR 00921
* $ 15,140,693,000 95 $ 10,438,000
Citifinancial
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 273,753,702,000 86 $ 3,722,000
Firstbank Puerto Rico
PO BOX 9146
SANTURCE, PR 00908
* $ 15,504,754,000 71 $ 10,927,000
Santander Mortgage Corporation
PO BOX 192199
SAN JUAN, PR 00919
* $ 47,000,000 65 $ 14,312,000
Banco Bilbao Vizcaya Argentari
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00918
* $ 5,541,779,000 64 $ 14,988,000
Firstmortgage
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 60 $ 7,659,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 694,529,000,000 60 $ 4,151,000
Sana Mortgage
PO BOX 71528
SAN JUAN, PR 00936
* $ 15,140,693,000 35 $ 2,830,000
Master Mortgage Corporation
280 DOMENECH AVE. BALDRICH DEV.
SAN JUAN, PR 00918
* $ 10,000,000 31 $ 2,737,000
New York Mortgage Bankers
AVE.PONCE DE LEON #818 MIRAMAR
SAN JUAN, PR 00908
* $ 10,000,000 26 $ 2,707,000
Oriental Bank
PO BOX 195115
SAN JUAN, PR 00919
* $ 4,128,894,000 25 $ 4,019,000
The Mortgage Store of P.R.
PO BOX 362394
SAN JUAN, PR 00936
* $ 10,198,602,000 21 $ 2,445,000
Centro Hipotecario
PO BOX 71528
SAN JUAN, PR 00936
* $ 15,140,693,000 19 $ 2,274,000
First Equity Mortgage Bankers
9300 S DADELAND BLVD SUITE 500
MIAMI, FL 33156
* $ 10,000,000 17 $ 2,495,000
Scotiabank De Puerto Rico
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,243,517,000 14 $ 1,820,000
Westernbak Puerto Rico
PO BOX 1180
MAYAGUEZ, PR 00681
* $ 14,200,158,000 11 $ 116,000
Preferred Mortgage LLC
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 11 $ 1,506,000
Citimortgage, Inc
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 59,720,267,000 10 $ 1,836,000
Cmfc, Inc.
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 273,753,702,000 9 $ 1,073,000
Rf Mortgage (Tel 782-8255; Fax
1148 AVE FRANKLIN D. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 9 $ 2,142,000
Emi Equity Mortgage Inc.
413 BOLIVAR ST
SAN JUAN, PR 00912
* $ 10,000,000 8 $ 1,139,000
First Mortgage Capital
P.O BOX 550
BAYAMON, PR 00960
* $ 10,000,000 7 $ 1,037,000
Citifinancial Plus
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 273,753,702,000 7 $ 683,000
Popular Finance, Inc.
PO BOX 362708
SAN JUAN, PR 00936
* $ 23,802,000,000 6 $ 266,000
First Security Mortgage
97 DE DIEGO AVE.
SAN JUAN, PR 00929
* $ 10,000,000 5 $ 783,000
Popular Auto
PO BOX 362708
SAN JUAN, PR 00936
* $ 23,802,000,000 4 $ 39,000
Rbs Mortgage Corporation
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 3 $ 432,000
Metro Island Mortgage
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 3 $ 598,000
Mortgage One Group
PO BOX 142213
ARECIBO, PR 00614
* $ 10,000,000 3 $ 710,000
Beewee Mortgage Bankers Corpor
416 PONCE DE LEON UNION PLAZA
SAN JUAN, PR 00918
* $ 10,000,000 3 $ 617,000
The Mortgage Loan Co.
915 CAMPO RICO AVE
SAN JUAN, PR 00924
* $ 10,000,000 3 $ 285,000
The Mortgage House Inc.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 2 $ 208,000
Aeela Mortgage
PO BOX 71502
SAN JUAN, PR 00936
* $ 10,000,000 2 $ 159,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 3,992,925,000 1 $ 10,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 969,798,000 1 $ 215,000
Beneficial Mortgage Corp.
1322 F.D. ROOSEVELT AVE
SAN JUAN, PR 00920
* $ 10,000,000 1 $ 60,000
Cooperativa De A/C Arecibo
PO BOX 1056
ARECIBO, PR 00613
* $ 10,000,000 1 $ 43,000
Money Express - Mortgage Divis
19 MARGINAL SAN AGUSTIN
SAN JUAN, PR 00926
* $ 10,000,000 1 $ 23,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 366,256,000,000 1 $ 261,000

The tables below break down 2005 mortgage applications in Vega Alta 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 Vega Alta Municipio, PR in 2005

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 805 $148,006,000 $183,000 $1,284,000 $71,000 $2,025,000
Refinancing 781 $87,592,000 $112,000 $1,500,000 $55,000 $563,000
Home Improvement 444 $10,568,000 $23,000 $450,000 $38,000 $720,000

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 1,725 $195,564,000 $113,000 $1,500,000 $59,000 $2,025,000
Not applicable 229 $42,427,000 $185,000 $741,000 $35,000 $756,000
Not Provided 57 $4,066,000 $71,000 $370,000 $50,000 $125,000
White 16 $3,695,000 $230,000 $709,000 $119,000 $516,000
Black or African American 3 $414,000 $138,000 $261,000 $51,000 $90,000
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) 1,959 $239,677,000 $122,000 $1,500,000 $62,000 $2,025,000
FHA-insured (Federal Housing Administration) 61 $5,086,000 $83,000 $154,000 $23,000 $81,000
VA-guaranteed (Veterans Administration) 6 $964,000 $160,000 $302,000 $42,000 $94,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $439,000 $109,000 $196,000 $17,000 $49,000

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 997 $129,379,000 $129,000 $1,500,000 $65,000 $720,000
Application Denied By Financial Institution 363 $24,054,000 $66,000 $639,000 $50,000 $282,000
Loan Purchased By The Institution 278 $49,182,000 $176,000 $741,000 $24,000 $268,000
Application Withdrawn By Applicant 228 $26,931,000 $118,000 $639,000 $78,000 $756,000
Application Approved But Not Accepted 93 $9,411,000 $101,000 $1,284,000 $83,000 $2,025,000
File Closed For Incompleteness 71 $7,209,000 $101,000 $444,000 $47,000 $203,000
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 75 $5,541,000 $73,000 $366,000 $44,000 $224,000
Other 47 $4,061,000 $86,000 $320,000 $50,000 $153,000
Collateral 30 $2,493,000 $83,000 $370,000 $71,000 $187,000
Debt-To-Income Ratio 27 $2,177,000 $80,000 $331,000 $47,000 $193,000
Credit Application Incomplete 5 $245,000 $49,000 $75,000 $15,000 $32,000
Mortgage Insurance Denied 5 $435,000 $87,000 $124,000 $33,000 $52,000
Insufficient Cash (Downpayment, Closing Cost) 3 $383,000 $127,000 $263,000 $55,000 $109,000
Employment History 1 $144,000 $144,000 $144,000 $156,000 $156,000
Unverifiable Information 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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