Yabucoa Municipio, PR Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 108 mortgage applications in Yabucoa Municipio, PR totaling $8.5 million, down 8% from 2018. The average application was for $78,000, and applicants reported an average income of $39,000. 47% of applications resulted in an originated loan and 9% were denied. The most active lender was Banco Popular, with 32 applications, followed by Oriental Bank and Firstbank.

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Total Number of Mortgage Applications 108
Total Mortgage Loan Application Amount $8,510,000
Average Mortgage Loan Application Amount $78,000
Highest Mortgage Loan Application Amount $225,000
Average Applicant Income $39,000
Highest Applicant Income $167,000
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Top Mortgage Lenders in Yabucoa Municipio, PR (2019)

Ranked by the number of mortgage applications each lender reported in Yabucoa Municipio, PR in 2019.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Banco Popular
San Juan, PR
32 $2,530,000 $79,000 $73,000
2 Oriental Bank
San Juan, PR
16 $1,500,000 $93,000 $39,000
3 Firstbank
San Juan, PR
10 $940,000 $94,000 $34,000
4 Home Mortgage Bankers
Carolina, PR
9 $755,000 $83,000 $28,000
5 The Moneyhouse Inc.
San Juan, PR
8 $310,000 $38,000 $16,000
6 Hr Mortgage Corp
Caguas, PR
5 $365,000 $73,000 $31,000
7 Everbank N.A.
Jacksonville, FL
5 $355,000 $71,000 $0
8 Cooperativa De A\C Oriental
Humacao, PR
5 $335,000 $67,000 $33,000
9 Scotiabank De Puerto Rico
San Juan, PR
3 $225,000 $75,000 $40,000
10 Preferred Mortgage LLC
San Juan, PR
3 $245,000 $81,000 $29,000

See every lender active in Yabucoa Municipio, PR in 2019 »

The tables below break down 2019 mortgage applications in Yabucoa 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 Yabucoa Municipio, PR in 2019

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 86 $6,890,000 $80,000 $225,000 $35,000 $167,000
Cash-out Refinancing 8 $480,000 $60,000 $75,000 $75,000 $119,000
Not Applicable 7 $605,000 $86,000 $155,000 $0 $0
Refinancing 4 $330,000 $82,000 $115,000 $93,000 $135,000
Other Purpose 3 $205,000 $68,000 $95,000 $41,000 $77,000
Home Improvement 0 $0 $0 $0 $0 $0

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 70 $5,570,000 $79,000 $225,000 $37,000 $167,000
Not applicable 33 $2,545,000 $77,000 $155,000 $0 $0
White 3 $225,000 $75,000 $85,000 $56,000 $79,000
Black or African American 2 $170,000 $85,000 $115,000 $67,000 $122,000
Not Provided 0 $0 $0 $0 $0 $0
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) 42 $3,100,000 $73,000 $135,000 $30,000 $87,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 42 $3,420,000 $81,000 $155,000 $27,000 $59,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 21 $1,495,000 $71,000 $205,000 $69,000 $167,000
VA-guaranteed (Veterans Administration) 3 $495,000 $165,000 $225,000 $112,000 $122,000

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 51 $4,075,000 $79,000 $225,000 $37,000 $135,000
Loan Purchased By The Institution 33 $2,545,000 $77,000 $155,000 $0 $0
Application Denied By Financial Institution 10 $810,000 $81,000 $135,000 $33,000 $87,000
Application Withdrawn By Applicant 10 $780,000 $78,000 $115,000 $59,000 $167,000
File Closed For Incompleteness 4 $300,000 $75,000 $135,000 $32,000 $72,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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 98 $7,700,000 $78,000 $225,000 $40,000 $167,000
Debt-To-Income Ratio 4 $310,000 $77,000 $105,000 $22,000 $42,000
Collateral 2 $150,000 $75,000 $95,000 $29,000 $33,000
Credit History 2 $150,000 $75,000 $95,000 $27,000 $31,000
Credit Application Incomplete 1 $135,000 $135,000 $135,000 $87,000 $87,000
Insufficient Cash (Downpayment, Closing Cost) 1 $65,000 $65,000 $65,000 $40,000 $40,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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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