Toa Baja County
Puerto Rico · FIPS 72137
According to CFPB HMDA 2024 application volume among U.S. counties, Toa Baja County ranks #1,798 of 3,223, and #7 of 78 in Puerto Rico.
Mortgage lending activity in Toa Baja County, Puerto Rico based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Toa Baja County, Puerto Rico lenders denied 92 of the applications reported here, financing the rest at an average note rate of 6.39%, with applicants self-reporting average annual income of $38K. 35 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.6x, meaning typical borrowers took on mortgages of about 3.6 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Toa Baja County
In Toa Baja County, lead originator FIRSTBANK funded 14.7% of 348 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 38.8% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Toa Baja County's 665 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Toa Baja County's $137,571 average loan (deduped against volume peers).
Lenders active in Toa Baja County
FIRSTBANK funded 51 of the 348 loans originated in Toa Baja County, 14.7% of the county. 35 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | FIRSTBANK | 51 | 14.7% |
| 2 | The Moneyhouse Inc. | 46 | 13.2% |
| 3 | Banco Popular | 38 | 10.9% |
| 4 | Metro Island Mortgage | 24 | 6.9% |
| 5 | Preferred Mortgage Corporation | 22 | 6.3% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Toa Baja County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Toa Baja County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.