MAYAGUEZ, PR
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage statistics and lending data for the MAYAGUEZ, 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 MAYAGUEZ, 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 2003  
Total Number of Mortgage Applications 9,379
Total Mortgage Loan Application Amount $681,928,000
Average Mortgage Loan Application Amount $72,000
Highest Mortgage Loan Application Amount $1,220,000
Average Applicant Income $42,000
Highest Applicant Income $3,220,000

Mortgage Company List for Lending in MAYAGUEZ, PR for 2003

* 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
* $ 21,491,000,000 1,501 $ 37,681,000
WESTERNBAK PUERTO RICO
PO BOX 1180
MAYAGUEZ, PR 00681
* $ 8,187,573,000 997 $ 49,351,000
POPULAR MORTGAGE, INC.
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 904 $ 98,924,000
DORAL MORTGAGE CORP.
DORAL FINANCIAL PLAZA
1451 ROOSEVELT AVE S.J., PR 00921
* $ 31,000,000 814 $ 71,677,000
BANCO SANTANDER
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 7,061,819,000 666 $ 40,363,000
R-G PREMIER BANK OF P.R.
PO BOX 2510
GUAYNABO, PR 00970
* $ 4,694,821,000 655 $ 63,516,000
R & G MORTGAGE CORPORATION
P O BOX 362394
SAN JUAN, PR 00936
* $ 6,277,246,000 508 $ 41,961,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 498,676,000,000 413 $ 17,771,000
ASSOCIATES INTERNATIONAL HOLD
1 COURT SQUARE, 45TH FLOOR, ZONE 15
LONG ISLAND CITY, NY 11120
* $ 424,000,000,000 378 $ 12,309,000
HF MORTGAGE BANKERS
1159 AVE FRANKLIN D. ROOSEVELT
SAN JUAN, PR 00920
* $ 31,000,000 375 $ 33,561,000
FIRSTBANK PUERTO RICO
PO BOX 9146
SANTURCE, PR 00908
* $ 9,582,508,000 366 $ 31,401,000
SANTANDER MORTGAGE
PO BOX 192199
SAN JUAN, PR 00919
* $ 7,063,554,000 314 $ 36,052,000
ORIENTAL BANK
PO BOX 195115
SAN JUAN, PR 00919
* $ 2,750,103,000 302 $ 28,130,000
BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00918
* $ 5,140,685,000 207 $ 30,485,000
DORAL BANK
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 5,049,804,000 149 $ 17,219,000
SANA INVESTMENT MORTGAGE BANKE
DORAL BANK BLD 1569 ALDA ST
SUITE 302 RIO PIEDRAS, PR 00926
* $ 10,000,000 147 $ 12,910,000
CMFC, INC.
ONE COURT SQUARE, 45TH FLOOR/ZONE 15
LONG ISLAND CITY, NY 11120
* $ 455,000,000,000 130 $ 10,208,000
POPULAR FINANCE, INC.
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 71 $ 3,122,000
SOUTHERN MORTGAGE CORPORATION
1266 AVE HOSTOS SUITE 102
PONCE, PR 00717
* $ 10,000,000 53 $ 4,869,000
THE MORTGAGE STORE OF P.R.
PO BOX 362394
SAN JUAN, PR 00936
* $ 6,277,246,000 51 $ 3,773,000
SCOTIABANK DE PUERTO RICO
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,366,266,000 41 $ 3,158,000
RF MORTGAGE (TEL 782-8255; FAX
1148 AVE FRANKLIN D. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 38 $ 5,511,000
MASTER MORTGAGE CORPORATION
280 DOMENECH AVE. BALDRICH DEV.
SAN JUAN, PR 00918
* $ 10,000,000 37 $ 3,811,000
R-G CROWN BANK
105 LIVE OAKS GARDENS
CASSELBERRY, FL 32707
* $ 852,177,000 36 $ 3,112,000
PREFERRED MORTGAGE CORPORATION
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 33 $ 3,121,000
FIRSTMORTGAGE
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 28 $ 2,304,000
EASY MONEY - MORTGAGE DIVISION
22 MUNOZ MARIN AVE VILLA BLANC
CAGUAS, PR 00725
* $ 10,000,000 27 $ 1,867,000
CENTRO HIPOTECARIO HATO REY
305 AVE FRANKLIN D. ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 19 $ 1,931,000
NEW YORK MORTGAGE BANKERS
AVE.PONCE DE LEON #818 MIRAMAR
SAN JUAN, PR 00908
* $ 10,000,000 19 $ 2,429,000
EUROBANK
PO BOX 191009
SAN JUAN, PR 00926
* $ 1,033,878,000 15 $ 2,215,000
THE B&T OF PUERTO RICO
BANKTRUST PLAZA SUITE 101
SAN JUAN, PR 00917
* $ 681,805,000 13 $ 798,000
TRADITIONAL BANKERS MORTGAGE
BOX 7383
PONCE, PR 00732
* $ 10,000,000 11 $ 1,392,000
POPULAR AUTO
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 11 $ 29,000
RBS MORTGAGE CORPORATION
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 9 $ 609,000
PAN AMERICAN FINANCIAL CORP.
1505 F.D. ROOSEVELT, SUITE 201
GUAYNABO, PR 00968
* $ 10,000,000 9 $ 807,000
EMI EQUITY MORTGAGE INC.
413 BOLIVAR ST
SAN JUAN, PR 00912
* $ 10,000,000 4 $ 405,000
FIRST TECHNOLOGY
3555 SW 153RD DR
BEAVERTON, OR 97003
* $ 1,621,446,000 4 $ 27,000
BENEFICIAL MORTGAGE CORP.
1322 F.D. ROOSEVELT AVE
SAN JUAN, PR 00920
* $ 10,000,000 4 $ 1,287,000
PUERTO RICO FEDERAL CREDIT UNI
RESOLUCION 55 ESQ. AVE ROOSEVELT
SAN JUAN, PR 00922
* $ 117,200,000 3 $ 241,000
LEVITT MORTGAGE CORPORATION
PO BOX 193970
SAN JUAN, PR 00919
* $ 33,660,000,000 3 $ 433,000
JT MORTGAGE CORP.
P O BOX 1768
CAGUAS, PR 00726
* $ 10,000,000 2 $ 88,000
CARIBE FEDERAL CREDIT UNION
195 ONEIL ST
SAN JUAN, PR 00918
* $ 149,158,000 2 $ 250,000
THE MORTGAGE LOAN CO.
915 CAMPO RICO AVE
SAN JUAN, PR 00924
* $ 10,000,000 2 $ 227,000
COOP AHORRO Y CREDITO DE LARES
AVE.LOS PATRIOTAS C/111 KM 8.3
LARES, PR 00669
* $ 10,000,000 2 $ 84,000
WELLS FARGO HOME MORTGAGE
1 HOME CAMPUS, X9902-1R
DES MOINES, IA 50328
* $ 35,000,000,000 2 $ 265,000
FIRST SECURITY MORTGAGE
97 DE DIEGO AVE.
SAN JUAN, PR 00929
* $ 10,000,000 2 $ 147,000
ORIGEN FINANCIAL SERVICES LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 63,000
FIRST EQUITY MORTGAGE BANKERS
9300 S DADELAND BLVD SUITE 500
MIAMI, FL 33156
* $ 10,000,000 1 $ 34,000

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 MAYAGUEZ, PR in 2003

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 (home purchase or home improvement, one-to-four family) 4,040 $373,313,000 $92,000 $850,000 $47,000 $968,000
Home Purchase (one-to-four family) 2,727 $273,222,000 $100,000 $656,000 $43,000 $3,220,000
Home Improvement (one-to-four family) 2,610 $34,029,000 $13,000 $369,000 $27,000 $900,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 2 $1,364,000 $682,000 $1,220,000 $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 8,087 $583,176,000 $72,000 $850,000 $43,000 $3,220,000
Not applicable 694 $79,934,000 $115,000 $1,220,000 $16,000 $553,000
Information not provided by applicant in mail or telephone application 454 $12,797,000 $28,000 $800,000 $47,000 $624,000
White 111 $3,676,000 $33,000 $380,000 $52,000 $191,000
Black 13 $480,000 $36,000 $275,000 $36,000 $90,000
American Indian or Alaskan Native 10 $254,000 $25,000 $122,000 $27,000 $64,000
Other 6 $890,000 $148,000 $315,000 $60,000 $115,000
Asian or Pacific Islander 4 $721,000 $180,000 $390,000 $60,000 $101,000

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) 8,642 $621,865,000 $71,000 $1,220,000 $45,000 $3,220,000
FHA-insured (Federal Housing Administration) 586 $45,539,000 $77,000 $162,000 $28,000 $474,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 116 $10,805,000 $93,000 $164,000 $28,000 $54,000
VA-guaranteed (Veterans Administration) 35 $3,719,000 $106,000 $250,000 $36,000 $83,000

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 4,605 $378,262,000 $82,000 $1,220,000 $50,000 $3,220,000
Application Denied By Financial Institution 2,213 $69,245,000 $31,000 $472,000 $33,000 $388,000
Loan Purchased By The Institution 999 $103,452,000 $103,000 $606,000 $24,000 $968,000
Application Withdrawn By Applicant 711 $62,792,000 $88,000 $800,000 $46,000 $2,000,000
File Closed For Incompleteness 436 $39,836,000 $91,000 $550,000 $44,000 $640,000
Application Approved But Not Accepted 415 $28,341,000 $68,000 $383,000 $48,000 $900,000

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 440 $14,527,000 $33,000 $260,000 $31,000 $240,000
Debt-To-Income Ratio 251 $9,633,000 $38,000 $380,000 $31,000 $264,000
Collateral 108 $5,860,000 $54,000 $215,000 $31,000 $162,000
Other 90 $2,703,000 $30,000 $275,000 $40,000 $388,000
Credit Application Incomplete 50 $3,261,000 $65,000 $288,000 $52,000 $277,000
Insufficient Cash (Downpayment, Closing Cost) 20 $1,021,000 $51,000 $157,000 $27,000 $51,000
Employment History 15 $1,299,000 $86,000 $200,000 $32,000 $100,000
Mortgage Insurance Denied 4 $511,000 $127,000 $207,000 $47,000 $80,000
Unverifiable Information 1 $60,000 $60,000 $60,000 $17,000 $17,000

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