Scotiabank De Puerto Rico
Mortgage Loan Application
Totals and Details
for 2007

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 Scotiabank De Puerto Rico.
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 Scotiabank De Puerto Rico
290 Jesus T. Pin++Ero
San Juan, PR 00918
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,362
Total Mortgage Loan Application Amount $273,406,000
Average Mortgage Loan Application Amount $103,333
Highest Mortgage Loan Application Amount $1,350,000
Average Applicant Income $51,000
Highest Applicant Income $672,000

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.

Mortgage Loan Application Totals for Scotiabank De Puerto Rico by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
SAN JUAN-CAGUAS-GUAYNABO, PR 1,570 $ 209,319,000 $ 133,000 $ 58,000
PONCE, PR 231 $ 16,778,000 $ 72,000 $ 43,000
AGUADILLA-ISABELA-SAN SEBASTIAN, PR 149 $ 13,347,000 $ 89,000 $ 42,000
FAJARDO, PR 146 $ 11,140,000 $ 76,000 $ 43,000
SAN GERMAN-CABO ROJO, PR 52 $ 5,347,000 $ 102,000 $ 46,000
YAUCO, PR 49 $ 3,322,000 $ 67,000 $ 43,000
MAYAGUEZ, PR 47 $ 5,048,000 $ 107,000 $ 53,000
GUAYAMA, PR 27 $ 1,589,000 $ 58,000 $ 33,000

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 Scotiabank De Puerto Rico in 2007

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 971 $158,244,000 $162,000 $1,350,000 $62,000 $672,000
Refinancing 793 $107,385,000 $135,000 $951,000 $59,000 $660,000
Home Improvement 598 $7,777,000 $13,000 $193,000 $32,000 $236,000

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 2,150 $246,257,000 $114,000 $1,350,000 $57,000 $672,000
Not applicable 146 $19,427,000 $133,000 $417,000 $0 $0
Not Provided 35 $472,000 $13,000 $100,000 $30,000 $93,000
White 24 $5,465,000 $227,000 $513,000 $123,000 $351,000
Asian 3 $781,000 $260,000 $405,000 $138,000 $220,000
Black or African American 3 $282,000 $94,000 $189,000 $32,000 $41,000
Native Hawaiian or Other Pacific Islander 1 $722,000 $722,000 $722,000 $235,000 $235,000
American Indian or Alaskan Native 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) 2,006 $227,302,000 $113,000 $1,350,000 $56,000 $672,000
FHA-insured (Federal Housing Administration) 177 $23,528,000 $132,000 $259,000 $45,000 $196,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 157 $19,387,000 $123,000 $245,000 $33,000 $85,000
VA-guaranteed (Veterans Administration) 22 $3,189,000 $144,000 $196,000 $53,000 $104,000

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 1,364 $166,884,000 $122,000 $951,000 $58,000 $660,000
Application Denied By Financial Institution 468 $33,619,000 $71,000 $761,000 $41,000 $291,000
Application Withdrawn By Applicant 189 $22,270,000 $117,000 $700,000 $66,000 $637,000
Loan Purchased By The Institution 146 $19,427,000 $133,000 $417,000 $0 $0
Application Approved But Not Accepted 120 $21,936,000 $182,000 $1,350,000 $89,000 $501,000
File Closed For Incompleteness 75 $9,270,000 $123,000 $459,000 $67,000 $672,000
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 272 $13,843,000 $50,000 $761,000 $36,000 $232,000
Debt-To-Income Ratio 101 $10,361,000 $102,000 $616,000 $42,000 $213,000
Other 39 $2,863,000 $73,000 $558,000 $48,000 $291,000
Employment History 22 $3,197,000 $145,000 $319,000 $48,000 $227,000
Collateral 20 $2,512,000 $125,000 $450,000 $69,000 $239,000
Insufficient Cash (Downpayment, Closing Cost) 12 $837,000 $69,000 $257,000 $51,000 $137,000
Credit Application Incomplete 2 $6,000 $3,000 $3,000 $13,000 $15,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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