Hf Mortgage Bankers
Mortgage Loan Application
Totals and Details
for 2004

Find mortgage loan statistics, lending data, and loan application totals for Puerto Rico.
The mortgage statistics and data below are specific to mortgage loan applications for Hf Mortgage Bankers.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Hf Mortgage Bankers
Doral Financial Plaza
1451 Roosevelt Ave S.J., PR 00921
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  
Total Number of Mortgage Applications 14,350
Total Mortgage Loan Application Amount $1,596,166,000
Average Mortgage Loan Application Amount $150,000
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $62,400
Highest Applicant Income $2,266,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in PR, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Download the Puerto Rico Lender List

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Puerto Rico, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Hf Mortgage Bankers in 2004

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 9,023 $985,968,000 $128,000 $2,000,000 $35,000 $2,266,000
Refinancing 5,012 $588,499,000 $213,000 $1,970,000 $92,000 $1,860,000
Home Improvement 315 $21,699,000 $68,000 $491,000 $58,000 $604,000

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 13,072 $1,438,540,000 $131,500 $2,000,000 $37,000 $2,266,000
Not Provided 823 $99,271,000 $214,500 $1,410,000 $92,000 $1,860,000
White 352 $40,191,000 $114,000 $1,970,000 $73,000 $1,380,000
American Indian or Alaskan Native 54 $5,195,000 $96,000 $800,000 $48,000 $266,000
Not applicable 29 $10,228,000 $352,000 $959,000 $247,000 $1,213,000
Asian 10 $1,737,000 $173,000 $665,000 $86,000 $295,000
Black or African American 10 $1,004,000 $100,000 $358,000 $49,000 $351,000
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) 10,491 $1,259,443,000 $144,000 $2,000,000 $73,000 $2,266,000
FHA-insured (Federal Housing Administration) 3,664 $313,015,000 $91,500 $251,000 $11,000 $475,000
VA-guaranteed (Veterans Administration) 103 $14,490,000 $140,000 $255,000 $36,000 $101,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 92 $9,218,000 $100,000 $207,000 $36,000 $81,000

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 11,917 $1,338,422,000 $112,000 $2,000,000 $53,000 $2,266,000
Application Denied By Financial Institution 1,500 $157,753,000 $105,000 $1,085,000 $44,000 $960,000
File Closed For Incompleteness 846 $87,604,000 $103,000 $1,080,000 $41,000 $667,000
Application Approved But Not Accepted 62 $8,621,000 $326,500 $616,000 $155,000 $506,000
Preapproval Approved but not Accepted 22 $3,244,000 $147,000 $370,000 $21,000 $600,000
Application Withdrawn By Applicant 3 $522,000 $159,500 $252,000 $34,000 $68,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 831 $79,019,000 $95,000 $680,000 $39,000 $960,000
Debt-To-Income Ratio 336 $39,541,000 $117,000 $602,000 $44,000 $326,000
Other 111 $11,660,000 $105,000 $456,000 $40,000 $166,000
Collateral 64 $8,583,000 $134,000 $1,085,000 $73,000 $363,000
Insufficient Cash (Downpayment, Closing Cost) 60 $8,251,000 $137,000 $500,000 $48,000 $199,000
Employment History 51 $5,792,000 $113,000 $517,000 $39,000 $200,000
Credit Application Incomplete 47 $4,907,000 $104,000 $718,000 $36,000 $108,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in PR, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Puerto Rico, and search similar information at your convenience.

Download the Puerto Rico Lender List