Cooperativa de A\C Aiboniteña

Portfolio scale. Cooperativa de A\C Aiboniteña processed 17 HMDA-reported mortgage applications in 2024, originating 13 loans and denying 0 for a denial rate of 0.0% (applicants themselves withdrew 4 files before a decision). The average loan amount was $103,824 at a 6.885% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 5493006Q452T1FESHO34 from Aibonito, PR.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Cooperativa de A\C Aiboniteña's 76.5% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (17 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.