MAYAGUEZ, PR
Mortgage Loan Application
Totals and Details
for 2004

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 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 3,952
Total Mortgage Loan Application Amount $279,843,000
Average Mortgage Loan Application Amount $70,000
Highest Mortgage Loan Application Amount $1,220,000
Average Applicant Income $40,000
Highest Applicant Income $759,000

Mortgage Company List for Lending in MAYAGUEZ, PR for 2004

* 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
* $ 22,182,000,000 669 $ 21,910,000
POPULAR MORTGAGE, INC.
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 354 $ 43,892,000
R-G PREMIER BANK OF P.R.
PO BOX 2510
GUAYNABO, PR 00970
* $ 6,145,152,000 320 $ 22,648,000
DORAL MORTGAGE CORP.
PO BOX 71528
SAN JUAN, PR 00936
* $ 10,393,996,000 301 $ 22,972,000
WESTERNBAK PUERTO RICO
PO BOX 1180
MAYAGUEZ, PR 00681
* $ 11,515,958,000 278 $ 9,197,000
FIRSTBANK PUERTO RICO
PO BOX 9146
SANTURCE, PR 00908
* $ 12,547,128,000 254 $ 20,300,000
R & G MORTGAGE CORPORATION
P O BOX 362394
SAN JUAN, PR 00936
* $ 8,198,880,000 207 $ 15,373,000
BANCO SANTANDER
P.O.BOX 362589
SAN JUAN, PR 00936
* $ 7,284,382,000 204 $ 14,541,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 582,123,000,000 194 $ 7,217,000
DORAL BANK
268 PONCE DE LEON SUITE 910
SAN JUAN, PR 00918
* $ 6,720,029,000 174 $ 14,234,000
CITIFINANCIAL
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 424,000,000,000 135 $ 4,507,000
HF MORTGAGE BANKERS
DORAL FINANCIAL PLAZA
1451 ROOSEVELT AVE S.J., PR 00921
* $ 10,393,996,000 135 $ 10,996,000
SANTANDER MORTGAGE CORPORATION
PO BOX 192199
SAN JUAN, PR 00919
* $ 47,000,000 118 $ 13,454,000
BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00918
* $ 5,237,310,000 110 $ 14,380,000
ORIENTAL BANK
PO BOX 195115
SAN JUAN, PR 00919
* $ 3,314,724,000 98 $ 7,794,000
SANA MORTGAGE
PO BOX 71528
SAN JUAN, PR 00936
* $ 10,393,996,000 89 $ 8,623,000
FIRSTMORTGAGE
PO BOX 9146
SAN JUAN, PR 00908
* $ 9,582,507,000 63 $ 5,278,000
POPULAR FINANCE, INC.
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 30 $ 1,470,000
THE MORTGAGE STORE OF P.R.
PO BOX 362394
SAN JUAN, PR 00936
* $ 8,198,880,000 29 $ 2,695,000
SCOTIABANK DE PUERTO RICO
290 JESUS T. PIN++ERO
SAN JUAN, PR 00918
* $ 1,297,549,000 26 $ 2,400,000
THE MORTGAGE HOUSE INC.
915 ROBERTO SANCHEZ VILELA AVE
SAN JUAN, PR 00924
* $ 10,000,000 26 $ 3,218,000
CMFC, INC.
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 455,000,000,000 23 $ 2,062,000
R-G CROWN BANK
105 LIVE OAKS GARDENS
CASSELBERRY, FL 32707
* $ 1,293,340,000 18 $ 2,358,000
NEW YORK MORTGAGE BANKERS
AVE.PONCE DE LEON #818 MIRAMAR
SAN JUAN, PR 00908
* $ 10,000,000 12 $ 1,664,000
MASTER MORTGAGE CORPORATION
280 DOMENECH AVE. BALDRICH DEV.
SAN JUAN, PR 00918
* $ 10,000,000 9 $ 503,000
AEELA MORTGAGE
PO BOX 71502
SAN JUAN, PR 00936
* $ 10,000,000 9 $ 1,060,000
CITIFINANCIAL PLUS
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 582,100,000,000 7 $ 502,000
COOPERATIVA AHORRO Y CREDITO E
65 INFANTERIA AVE KM 12.6
CAROLINA, PR 00987
* $ 46,031,058,000 6 $ 696,000
METRO ISLAND MORTGAGE, INC.
VILLA NEVAREZ PROF. CENTER SUITE 201
RIO PIEDRAS, PR 00927
* $ 10,000,000 6 $ 369,000
PAN AMERICAN FINANCIAL CORP.
1505 F.D. ROOSEVELT, SUITE 201
GUAYNABO, PR 00968
* $ 10,000,000 6 $ 587,000
POPULAR AUTO
PO BOX 362708
SAN JUAN, PR 00936
* $ 21,491,000,000 6 $ 9,000
PREFERRED MORTGAGE CORPORATION
307 AVE FD ROOSEVELT
SAN JUAN, PR 00918
* $ 10,000,000 6 $ 380,000
CENTRO HIPOTECARIO
PO BOX 71528
SAN JUAN, PR 00936
* $ 10,393,996,000 5 $ 364,000
MORTGAGE ONE GROUP
PO BOX 142213
ARECIBO, PR 00614
* $ 10,000,000 4 $ 313,000
FIRST SECURITY MORTGAGE
97 DE DIEGO AVE.
SAN JUAN, PR 00929
* $ 10,000,000 4 $ 390,000
EUROBANK
PO BOX 191009
SAN JUAN, PR 00926
* $ 1,319,550,000 3 $ 334,000
EMI EQUITY MORTGAGE INC.
413 BOLIVAR ST
SAN JUAN, PR 00912
* $ 10,000,000 2 $ 253,000
AAA CONCORDIA MORTGAGE CORP.
RR-37 BOX 1837 TEL. 758-1188
SAN JUAN, PR 00926
* $ 10,000,000 2 $ 98,000
FIRST TECHNOLOGY
3555 SW 153RD DR
BEAVERTON, OR 97003
* $ 1,707,638,000 1 $ 3,000
BENEFICIAL MORTGAGE CORP.
1322 F.D. ROOSEVELT AVE
SAN JUAN, PR 00920
* $ 10,000,000 1 $ 80,000
CUNA MUTUAL MORTGAGE CORPORATI
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 1 $ 66,000
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA
21 CALLE BARBOSA SUITE 1
ISABELA, PR 00662
* $ 10,000,000 1 $ 53,000
COOP AHORRO Y CREDITO DE LARES
AVE.LOS PATRIOTAS C/111 KM 8.3
LARES, PR 00669
* $ 10,000,000 1 $ 38,000
FORT BUCHANAN FEDERAL CREDIT U
PO BOX 34120
FORT BUCHANAN, PR 00934
* $ 75,079,000 1 $ 232,000
PUERTO RICO FEDERAL CREDIT UNI
RESOLUCION 55 ESQ. AVE ROOSEVELT
SAN JUAN, PR 00922
* $ 119,713,000 1 $ 88,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 250,474,000,000 1 $ 103,000
RBS MORTGAGE CORPORATION
894-D MUNOZ RIVERA AVE SUITE 106
SAN JUAN, PR 00927
* $ 10,000,000 1 $ 83,000
RF MORTGAGE (TEL 782-8255; FAX
1148 AVE FRANKLIN D. ROOSEVELT
SAN JUAN, PR 00920
* $ 10,000,000 1 $ 56,000

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 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
Refinancing 1,466 $131,523,000 $89,000 $800,000 $43,000 $570,000
Home Purchase 1,358 $129,436,000 $95,000 $1,220,000 $43,000 $759,000
Home Improvement 1,128 $18,884,000 $16,000 $366,000 $28,000 $612,000

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 3,078 $207,644,000 $67,000 $851,000 $44,000 $759,000
Not applicable 667 $63,155,000 $94,000 $1,220,000 $6,000 $180,000
Not Provided 165 $5,441,000 $32,000 $190,000 $33,000 $200,000
White 36 $2,872,000 $79,000 $238,000 $55,000 $130,000
Asian 4 $588,000 $147,000 $215,000 $108,000 $245,000
Black or African American 1 $60,000 $60,000 $60,000 $16,000 $16,000
American Indian or Alaskan Native 1 $83,000 $83,000 $83,000 $39,000 $39,000
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) 3,789 $265,889,000 $70,000 $1,220,000 $42,000 $759,000
FHA-insured (Federal Housing Administration) 135 $11,069,000 $81,000 $162,000 $25,000 $75,000
VA-guaranteed (Veterans Administration) 23 $2,399,000 $104,000 $183,000 $32,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $486,000 $97,000 $125,000 $25,000 $43,000

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 1,957 $149,488,000 $76,000 $1,220,000 $50,000 $759,000
Application Denied By Financial Institution 807 $29,566,000 $36,000 $480,000 $34,000 $344,000
Loan Purchased By The Institution 718 $66,922,000 $93,000 $851,000 $10,000 $180,000
Application Withdrawn By Applicant 231 $18,138,000 $78,000 $600,000 $49,000 $300,000
Application Approved But Not Accepted 127 $7,276,000 $57,000 $269,000 $40,000 $201,000
File Closed For Incompleteness 112 $8,453,000 $75,000 $350,000 $43,000 $322,000
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 187 $7,856,000 $42,000 $309,000 $31,000 $160,000
Debt-To-Income Ratio 82 $3,592,000 $43,000 $365,000 $29,000 $148,000
Collateral 47 $2,542,000 $54,000 $135,000 $41,000 $188,000
Credit Application Incomplete 43 $2,792,000 $64,000 $347,000 $38,000 $168,000
Other 25 $1,838,000 $73,000 $250,000 $43,000 $144,000
Employment History 12 $664,000 $55,000 $123,000 $16,000 $48,000
Insufficient Cash (Downpayment, Closing Cost) 11 $590,000 $53,000 $140,000 $27,000 $68,000
Mortgage Insurance Denied 5 $935,000 $187,000 $480,000 $87,000 $209,000
Unverifiable Information 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