COOPERATIVA LA SAGRADA FAMILIA

Corozal, PR

COOPERATIVA LA SAGRADA FAMILIA processed 102 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 78 loans with a 6.9% denial rate. Cash-out Refinancing was the primary loan purpose. Based in Corozal, PR. The approval rate of 76.5% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. COOPERATIVA LA SAGRADA FAMILIA processed 102 HMDA-reported mortgage applications in 2024, originating 78 loans and denying 7 for a denial rate of 6.9% (applicants themselves withdrew 13 files before a decision). The average loan amount was $136,078 at a 6.258% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300DP6NUMG3X4JQ52 from Corozal, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 LA SAGRADA FAMILIA's 76.5% origination rate tells you how often an application turned into funded money; the 6.9% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Collateral, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (101 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.

102
Applications
78
Originated
6.9%
Denial Rate
$136,078
Avg Loan Amount
Avg Interest Rate: 6.258% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 101 77 7 $135,891
USDA 1 1 0 $155,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for COOPERATIVA LA SAGRADA FAMILIA (LEI: 549300DP6NUMG3X4JQ52) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
4
Collateral
2
Employment history
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 60 46 $166,000
Home Purchase 42 32 $93,333

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 102 76.5% 6.9%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Hispanic or Latino 101 76.2% 6.9%
Not Hispanic or Latino 1 100.0% 0.0%

Nearby Lenders in PR

Other HMDA-reporting lenders in PR with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did COOPERATIVA LA SAGRADA FAMILIA process?
COOPERATIVA LA SAGRADA FAMILIA processed 102 mortgage applications in the 2023 HMDA reporting year. Of these, 78 were originated (approved and funded), 13 were withdrawn by the applicant, and 7 were denied.
What is COOPERATIVA LA SAGRADA FAMILIA's mortgage approval rate?
COOPERATIVA LA SAGRADA FAMILIA has an approval (origination) rate of 76.5%, meaning 76.5% of all applications resulted in a funded mortgage. The denial rate is 6.9%.
What is the average loan amount at COOPERATIVA LA SAGRADA FAMILIA?
The average mortgage loan amount at COOPERATIVA LA SAGRADA FAMILIA is $136,078. The average interest rate is 6.258%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at COOPERATIVA LA SAGRADA FAMILIA?
The most common reasons for mortgage denial at COOPERATIVA LA SAGRADA FAMILIA are: Other, Collateral, Employment history. In total, 7 applications were denied out of 102 total applications.
What types of mortgage loans does COOPERATIVA LA SAGRADA FAMILIA offer?
COOPERATIVA LA SAGRADA FAMILIA processes Conventional, USDA loans. The most common type is Conventional with 101 applications and an average loan amount of $135,891.
What loan purposes does COOPERATIVA LA SAGRADA FAMILIA serve?
COOPERATIVA LA SAGRADA FAMILIA serves the following loan purposes: Cash-out Refinancing (60 applications), Home Purchase (42 applications). Cash-out Refinancing is the most common purpose.
Where is COOPERATIVA LA SAGRADA FAMILIA located?
COOPERATIVA LA SAGRADA FAMILIA is headquartered in Corozal, PR. The lender is identified by LEI 549300DP6NUMG3X4JQ52 in HMDA data.
How does COOPERATIVA LA SAGRADA FAMILIA compare in lending across racial demographics?
COOPERATIVA LA SAGRADA FAMILIA reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.5% and denial rate of 6.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.