LEI 54930050YUB4R3ZKAI03 · San Juan, PR

EMI Equity Mortgage, Inc.

Denial sits in the upper fleet tercile at 16.3% across 289 HMDA applications, a stricter underwriting book than most reporters.

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Denial tercile vs fleet

EMI Equity Mortgage, Inc. posts a 16.3% denial rate, above the fleet's upper tercile (~13.79%) - across 289 applications with 214 originations. Leading cited denial reason: collateral. Volume rank is still not origination-share rank.

n/a
Below 1,000-app share board
74.0%
Origination share
214
Originated
16.3%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where EMI Equity Mortgage, Inc. sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

214 Top 41% higher than 59% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · EMI Equity Mortgage, Inc.

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. FHA2422. USDA243. VA23
0%100%74%
Origination share · EMI Equity Mortgage, Inc.

Cited denial reasons · EMI Equity Mortgage, Inc.

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Collateral292. Debt-to-income ratio153. Insufficient cash54. Other55. Credit application incomp…46. Employment history47. Unverifiable information38. Credit history2

Mid-volume reporter. EMI Equity Mortgage, Inc.'s 74.0% origination rate and 16.3% denial rate sit on a mid-tercile originated book (214 funded; fleet band ~78-310). Approval and denial do not sum to 100% - HMDA also records withdrawals, incompletes, and purchased loans. Most-cited denial codes: Collateral, Debt-to-income ratio, Insufficient cash. Program weight concentrates in FHA (242 applications).

How to read EMI Equity Mortgage, Inc.. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 6.379% Avg Applicant Income: $37,000

Lending activity by loan program · EMI Equity Mortgage, Inc.

EMI Equity Mortgage, Inc. filed most under FHA. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
FHA 242 174 43 $138,306
USDA 24 20 2 $132,917
VA 23 20 2 $205,870

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for EMI Equity Mortgage, Inc. (LEI: 54930050YUB4R3ZKAI03) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Home Purchase 255 186 $142,216
Cash-out Refinancing 17 12 $127,941
Refinancing 17 16 $173,824

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 250 77.6% 16.4%
Black or African American * 29 48.3% 17.2%
Joint * 10 60.0% 10.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Hispanic or Latino 283 73.5% 16.6%
Joint * 5 100.0% 0.0%
Not Hispanic or Latino * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in PR

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

One of 44 other HMDA-reporting lenders in PR, 5 are shown here.

Read with EMI Equity Mortgage, Inc.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for EMI Equity Mortgage, Inc. (LEI 54930050YUB4R3ZKAI03).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at EMI Equity Mortgage, Inc..

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This EMI Equity Mortgage, Inc. page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. 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.