ARECIBO, PR
Mortgage Loan Application
Totals and Details
for 2014

Find mortgage statistics and lending data for the ARECIBO, PR metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near ARECIBO, PR, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 3,008
Total Mortgage Loan Application Amount $233,418,000
Average Mortgage Loan Application Amount $77,000
Highest Mortgage Loan Application Amount $632,000
Average Applicant Income $34,000
Highest Applicant Income $667,000

Mortgage Company List for Lending in ARECIBO, PR for 2014

* 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
* $ 26,563,000,000 1,122 $ 63,218,000
FIRSTBANK CORP
PO BOX 9146
SANTURCE, PR 00918
* $ 12,636,531,000 395 $ 35,794,000
ORIENTAL BANK
PO BOX 195115
SAN JUAN, PR 00919
* $ 8,100,165,000 280 $ 14,699,000
SCOTIABANK DE PUERTO RICO
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 5,491,658,000 277 $ 23,782,000
DORAL MORTGAGE LLC
DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV
SAN JUAN, PR 00921
* $ 11,855,073,000 195 $ 22,611,000
DORAL BANK
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 7,970,729,000 184 $ 21,151,000
BANCO SANTANDER PUERTO RICO
P O BOX 362589,
SAN JUAN, PR 00936
* $ 6,664,323,000 64 $ 5,692,000
COOPERATIVA DE A/C ARECIBO
PO BOX 1056
ARECIBO, PR 00613
* $ 10,000,000 51 $ 4,401,000
THE MONEY HOUSE INC.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 42 $ 4,001,000
SANTANDER FINANCIAL SERVICES
207 AVE PONCE DE LEON
SAN JUAN, PR 00926
* $ 8,082,156,000 38 $ 2,469,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 35 $ 4,051,000
METRO ISLAND MORTGAGE, INC.
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 33 $ 3,772,000
FIRST SECURITY MORTGAGE, INC.
97 DE DIEGO AVE. SAN FRANCISCO
SAN JUAN, PR 00929
* $ 10,000,000 29 $ 2,811,000
VIG MORTGAGE CORPORATION
1225 PONCE DE LEON VIG TOWER SUITE B-J
SAN JUAN, PR 00907
* $ 789,772,000 29 $ 2,748,000
PREFERRED MORTGAGE CORPORATION
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 25 $ 2,299,000
ADVANCE MORTGAGE BANKERS, INC.
P.O. BOX 50286
TOA BAJA, PR 00950
* $ 15,555,000 17 $ 1,756,000
RBS MORTGAGE CORPORATION
894-D MUNOZ RIVERA AVE, SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 16 $ 1,796,000
HOME MORTGAGE BANKERS CORP.
AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F
CAROLINA, PR 00983
* $ 10,000,000 15 $ 1,773,000
E.M.I. EQUITY MORTGAGE, INC.
1651 PONCE DE LEON AVE, SUITE 102
SAN JUAN, PR 00909
* $ 10,000,000 14 $ 1,525,000
COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA
PO BOX 1865
ARECIBO, PR 00613
* $ 222,466,000 14 $ 1,286,000
RF MORTGAGE & INVESTMENT CORP
PO BOX 361309
SAN JUAN, PR 00936
* $ 10,000,000 13 $ 1,530,000
COOPERATIVA DE AHORO Y CRÉDITO BO. QUEBRADA DE CAMUY, P.R.
HC 02 BOX 7873
CAMUY, PR 00627
* $ 10,000,000 12 $ 683,000
FIRST EQUITY MORTGAGE BANKERS, INC.
9300 S DADELAND BLVD STE 500
MIAMI, FL 33156
* $ 10,000,000 12 $ 1,169,000
AEELA MORTGAGE
PO BOX 71502
SAN JUAN, PR 00936
* $ 1,000,000,000 12 $ 1,178,000
THE LENDING CENTER CORPORATION
G-8 ONEILL STREET
SAN JUAN, PR 00918
* $ 525,000 10 $ 1,018,000
MULTIPLES MORTGAGE CORPORATION
400 AVENIDA AMERICO MIRANDA
SAN JUAN, PR 00927
* $ 10,000,000 9 $ 773,000
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY
300 AVE. BALTAZAR JIMENEZ MENDEZ
CAMUY, PR 00627
* $ 10,000,000 7 $ 784,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 6 $ 654,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 6 $ 389,000
TRUST MORTGAGE, CORP
EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS
SAN JUAN, PR 00926
* $ 279,615,000 6 $ 468,000
SENIOR MORTGAGE BANKERS INC
1239 ROOSEVELT AVE
SAN JUAN, PR 00920
* $ 0 5 $ 334,000
RM ACTUAL MORTGAGE, INC.
PO BOX 2808
BAYAMON, PR 00960
* $ 10,000,000 5 $ 520,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 245,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 4 $ 348,000
THE MORTGAGE HOUSE INC.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 3 $ 170,000
AAA CONCORDIA MORTGAGE CORP
RR-37 BOX 1837
SAN JUAN, PR 00926
* $ 10,000,000 2 $ 212,000
SAN RAFAEL COOP
CALLE RAFAEL RODR+¡GUEZ, CANAL 1 URB. AVI
QUEBRADILLAS, PR 00678
* $ 137,000,000 2 $ 123,000
COOPERATIVA DE AHORRO Y CREDITO DE LARES
CARR 111 KM 3.8 AVE LOS PATRIOTAS
LARES, PR 00669
* $ 119,815,000 2 $ 100,000
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
APARTADO 1078
VEGA ALTA, PR 00692
* $ 262,934,000 2 $ 92,000
TOP MORTGAGE BANKERS
PONCE DE LEON AVE. 1913
SANTURCE, PR 00607
* $ 100,000,000 2 $ 212,000
LATIN AMERICAN FINANCIAL CORPORATION
1700 JESUS T. PINERO AVE 2ND FL STE 26
SAN JUAN, PR 00921
* $ 10,000,000 2 $ 225,000
HR MORTGAGE CORP.
M11 CALLE ROBLE, VILLA TURABO
CAGUAS, PR 00725
* $ 10,000,000 1 $ 90,000
COOPERATIVA DE A/C DE ADJUNTAS
8 PRIMO DELGADO ST ADJUNTAS,PR 00601
00601, PR 00601
* $ 10,000,000 1 $ 19,000
COOPERATIVA DE CREDITO Y AHORRO SAN JOSE
CALLE DEGETAU 106 SUR
AIBONITO, PR 00705
* $ 95,017,000 1 $ 65,000
EXPRESS SOLUTION MORTGAGE CORP
1606 PONCE DE LEON AVE. SUITE L-06
SAN JUAN, PR 00909
* $ 15,000,000 1 $ 76,000
FIRST TECHNOLOGY
3555 SW 153RD DR
BEAVERTON, OR 97003
* $ 6,533,403,000 1 $ 4,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,373,600,000,000 1 $ 300,000
COMMUNITY BANK, NATIONAL ASSOCIATION
45-49 COURT STREET
CANTON, NY 13617
* $ 7,068,834,000 1 $ 2,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for ARECIBO, PR in 2014

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 1,108 $108,783,000 $98,000 $632,000 $36,000 $667,000
Home Purchase 1,005 $108,048,000 $107,000 $374,000 $37,000 $360,000
Home Improvement 895 $16,587,000 $18,000 $504,000 $29,000 $253,000

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 2,452 $181,330,000 $73,000 $632,000 $36,000 $667,000
Not applicable 520 $49,441,000 $95,000 $374,000 $25,000 $261,000
Not Provided 15 $442,000 $29,000 $225,000 $30,000 $56,000
White 12 $1,063,000 $88,000 $231,000 $62,000 $231,000
Black or African American 6 $781,000 $130,000 $223,000 $40,000 $104,000
American Indian or Alaskan Native 2 $205,000 $102,000 $152,000 $28,000 $44,000
Asian 1 $156,000 $156,000 $156,000 $83,000 $83,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,952 $126,244,000 $64,000 $632,000 $38,000 $667,000
FHA-insured (Federal Housing Administration) 567 $51,888,000 $91,000 $424,000 $21,000 $221,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 365 $39,069,000 $107,000 $265,000 $30,000 $86,000
VA-guaranteed (Veterans Administration) 124 $16,217,000 $130,000 $281,000 $34,000 $139,000

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 1,326 $104,041,000 $78,000 $632,000 $38,000 $667,000
Application Denied By Financial Institution 743 $40,932,000 $55,000 $414,000 $31,000 $301,000
Loan Purchased By The Institution 532 $50,974,000 $95,000 $380,000 $25,000 $261,000
Application Withdrawn By Applicant 201 $20,911,000 $104,000 $424,000 $40,000 $231,000
File Closed For Incompleteness 118 $11,415,000 $96,000 $288,000 $44,000 $540,000
Application Approved But Not Accepted 88 $5,145,000 $58,000 $219,000 $38,000 $214,000
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 59 $5,095,000 $86,000 $300,000 $37,000 $153,000
Debt-To-Income Ratio 37 $3,376,000 $91,000 $200,000 $28,000 $68,000
Collateral 31 $3,333,000 $107,000 $224,000 $41,000 $145,000
Other 25 $2,489,000 $99,000 $298,000 $33,000 $120,000
Employment History 8 $741,000 $92,000 $170,000 $33,000 $59,000
Insufficient Cash (Downpayment, Closing Cost) 5 $571,000 $114,000 $210,000 $51,000 $114,000
Credit Application Incomplete 4 $470,000 $117,000 $225,000 $26,000 $37,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Puerto Rico, and search similar information back through 2003.

Download the Puerto Rico Lender List