FAJARDO, PR
Mortgage Loan Application
Totals and Details
for 2010

Find mortgage statistics and lending data for the FAJARDO, 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 FAJARDO, 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 2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 2,175
Total Mortgage Loan Application Amount $207,949,000
Average Mortgage Loan Application Amount $95,000
Highest Mortgage Loan Application Amount $606,000
Average Applicant Income $46,000
Highest Applicant Income $621,000

Mortgage Company List for Lending in FAJARDO, PR for 2010

* 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
SCOTIABANK DE PUERTO RICO
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,775,127,000 386 $ 29,611,000
POPULAR MORTGAGE, INC.
PO BOX 362708
SAN JUAN, PR 00936
* $ 25,691,000,000 362 $ 37,692,000
BANCO POPULAR DE PUERTO RICO
PO BOX 362708
SAN JUAN, PR 00936
* $ 23,271,000,000 264 $ 5,313,000
DORAL MORTGAGE LLC
DORAL FINANCIAL PLAZA, 1451 ROOSEVELT AV
SAN JUAN, PR 00921
* $ 11,855,073,000 255 $ 32,266,000
FIRSTBANK PUERTO RICO
PO BOX 9146
SANTURCE, PR 00908
* $ 19,616,388,000 138 $ 17,596,000
DORAL BANK
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 9,288,322,000 131 $ 16,076,000
ORIENTAL BANK
PO BOX 195115
SAN JUAN, PR 00919
* $ 6,412,164,000 84 $ 10,197,000
PREFERRED MORTGAGE CORPORATION
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 70 $ 6,058,000
THE LENDING CENTER CORPORATION
G-8 ONEILL STREET
SAN JUAN, PR 00918
* $ 525,000 65 $ 7,141,000
FIRSTMORTGAGE
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 61 $ 8,514,000
THE MONEY HOUSE INC.
#52 CALLE PASEO COVANDONGA
SAN JUAN, PR 00901
* $ 10,000,000 59 $ 6,439,000
BANCO SANTANDER
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 6,591,027,000 48 $ 3,955,000
HOME MORTGAGE BANKERS CORP.
AVE. SANCHEZ OSORIO 3BS-5 VIA 60 VILLA F
CAROLINA, PR 00983
* $ 10,000,000 34 $ 3,557,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 31 $ 2,587,000
RELIABLE FINANCIAL SERVICES
PO BOX 21382, MAC F0302-001
SAN JUAN, PR 00928
* $ 481,996,000 23 $ 2,542,000
BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00918
* $ 5,519,043,000 20 $ 3,235,000
THE MORTGAGE HOUSE INC.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 16 $ 1,276,000
METRO ISLAND MORTGAGE, INC.
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 13 $ 1,187,000
SANTANDER FINANCIAL SERVICES
P.O. BOX 362589
SAN JUAN, PR 00936
* $ 8,082,156,000 13 $ 634,000
E.M.I. EQUITY MORTGAGE, INC.
1651 PONCE DE LEON AVE, SUITE 102
SAN JUAN, PR 00909
* $ 10,000,000 13 $ 1,987,000
VIG MORTGAGE CORPORATION
1225 PONCE DE LEON VIG TOWER SUITE B-J
SAN JUAN, PR 00907
* $ 789,772,000 12 $ 1,502,000
FIRST EQUITY MORTGAGE BANKERS
9300 S DADELAND BLVD SUITE 500
MIAMI, FL 33156
* $ 10,000,000 6 $ 489,000
RF MORTGAGE & INVESTMENT CORP
PO BOX 361309
SAN JUAN, PR 00936
* $ 10,000,000 6 $ 720,000
AEELA MORTGAGE
PO BOX 71502
SAN JUAN, PR 00936
* $ 1,000,000,000 6 $ 496,000
JR MORTGAGE HOME
2979 EMILIO FAGOT AVE. SUITE 1
PONCE, PR 00716
* $ 1,395,899,000 5 $ 496,000
EXPRESS SOLUTION MORTGAGE CORP
1606 PONCE DE LEON AVE. SUITE L-06
SAN JUAN, PR 00909
* $ 15,000,000 5 $ 751,000
FIRST SECURITY MORTGAGE
97 DE DIEGO AVE.
SAN JUAN, PR 00929
* $ 10,000,000 5 $ 609,000
ADVANCE MORTGAGE BANKERS, INC.
P.O. BOX 50286
TOA BAJA, PR 00950
* $ 15,555,000 4 $ 381,000
HR MORTGAGE CORP.
M11 CALLE ROBLE, VILLA TURABO
CAGUAS, PR 00725
* $ 10,000,000 4 $ 427,000
RBS MORTGAGE CORPORATION
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 4 $ 419,000
COOP AC DE LA INDUSTRIA BIOPHA
VILLA CAROLINA, C9 AVE. ROBERTO CLEMENTE
CAROLINA, PR 00985
* $ 10,000,000 4 $ 544,000
AAA CONCORDIA MORTGAGE CORP
RR-37 BOX 1837
SAN JUAN, PR 00926
* $ 10,000,000 4 $ 408,000
JAMES B. NUTTER & CO.
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 31,000,000 3 $ 137,000
TOP MORTGAGE BANKERS
PONCE DE LEON AVE. 1913
SANTURCE, PR 00607
* $ 100,000,000 3 $ 327,000
TRUST MORTGAGE, CORP
EDIFI EMILIO BACARDI SUITE 101A CALLE JUNIN PARK GARDENS
SAN JUAN, PR 00926
* $ 279,615,000 3 $ 219,000
RM ACTUAL MORTGAGE, INC.
PO BOX 2808
BAYAMON, PR 00960
* $ 10,000,000 2 $ 210,000
COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS
APARTADO 414
LAS PIEDRAS, PR 00771
* $ 10,000,000 2 $ 626,000
AMERICAN MIDWEST MORTGAGE CORPORATION
6363 YORK ROAD
PARMA HEIGHTS, OH 44130
* $ 10,000,000 1 $ 115,000
COOPA/C ASOC DE MAESTROS DE PR
P.O. BOX 192770
SAN JUAN, PR 00919
* $ 83,800,000 1 $ 112,000
COOPERATIVA DE AHORRO Y CREDITO CAGUAS
AVE JOSE GAUTIER BENITEZ, CARR 1 KM 37.5
CAGUAS, PR 00726
* $ 67,650,000 1 $ 290,000
COOP AC DE LOS GERENCIALES DE
1200 AVE. PONCE DE LEON
SAN JUAN, PR 00987
* $ 70,473,000 1 $ 188,000
WORLD MORTGAGE BANKERS
1108 AVE. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 1 $ 78,000
FIRST MORTGAGE CAPITAL
P.O BOX 550
BAYAMON, PR 00960
* $ 10,000,000 1 $ 58,000
CARIBE FEDERAL CREDIT UNION
195 ONEIL ST
SAN JUAN, PR 00918
* $ 214,658,000 1 $ 100,000
PUERTO RICO FEDERAL CREDIT UNI
RESOLUCION 55 ESQ. AVE ROOSEVELT
SAN JUAN, PR 00922
* $ 112,056,000 1 $ 65,000
AMERICAN AIRLINES FEDERAL CREDIT UNION
4151 AMON CARTER BLVD
FT WORTH, TX 76155
* $ 5,061,586,000 1 $ 85,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 1,422,795,000 1 $ 104,000
LATIN AMERICAN FINANCIAL CORPORATION
1700 JESUS T. PINERO AVE 2ND FL STE 26
SAN JUAN, PR 00921
* $ 10,000,000 1 $ 130,000

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 FAJARDO, PR in 2010

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 919 $104,674,000 $113,000 $606,000 $45,000 $419,000
Refinancing 803 $91,317,000 $113,000 $500,000 $53,000 $621,000
Home Improvement 453 $11,958,000 $26,000 $320,000 $33,000 $248,000

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 1,740 $162,486,000 $93,000 $606,000 $48,000 $575,000
Not applicable 396 $42,185,000 $106,000 $500,000 $35,000 $621,000
White 23 $2,843,000 $123,000 $290,000 $71,000 $268,000
Not Provided 14 $332,000 $23,000 $85,000 $32,000 $95,000
Black or African American 2 $103,000 $51,000 $100,000 $127,000 $226,000
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) 1,267 $106,504,000 $84,000 $606,000 $55,000 $621,000
FHA-insured (Federal Housing Administration) 644 $67,554,000 $104,000 $363,000 $32,000 $575,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 155 $17,674,000 $114,000 $258,000 $31,000 $84,000
VA-guaranteed (Veterans Administration) 109 $16,217,000 $148,000 $369,000 $44,000 $160,000

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 860 $80,302,000 $93,000 $606,000 $50,000 $500,000
Application Denied By Financial Institution 487 $37,352,000 $76,000 $370,000 $40,000 $355,000
Loan Purchased By The Institution 439 $47,842,000 $108,000 $500,000 $35,000 $621,000
Application Withdrawn By Applicant 209 $22,371,000 $107,000 $375,000 $54,000 $575,000
File Closed For Incompleteness 110 $13,544,000 $123,000 $320,000 $60,000 $322,000
Application Approved But Not Accepted 70 $6,538,000 $93,000 $223,000 $54,000 $195,000
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 $4,262,000 $72,000 $305,000 $35,000 $132,000
Other 37 $4,257,000 $115,000 $316,000 $47,000 $157,000
Collateral 32 $3,638,000 $113,000 $274,000 $45,000 $156,000
Debt-To-Income Ratio 20 $2,004,000 $100,000 $244,000 $31,000 $81,000
Employment History 9 $936,000 $104,000 $153,000 $50,000 $114,000
Unverifiable Information 5 $488,000 $97,000 $194,000 $47,000 $113,000
Insufficient Cash (Downpayment, Closing Cost) 2 $186,000 $93,000 $127,000 $43,000 $64,000
Credit Application Incomplete 1 $79,000 $79,000 $79,000 $22,000 $22,000
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