MULTIPLES MORTGAGE CORP.
Rio Piedras, PR
MULTIPLES MORTGAGE CORP. processed 196 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 146 loans with a 7.1% denial rate. Home Purchase was the primary loan purpose. Based in Rio Piedras, PR. The approval rate of 74.5% 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. MULTIPLES MORTGAGE CORP. processed 196 HMDA-reported mortgage applications in 2024, originating 146 loans and denying 14 for a denial rate of 7.1% (applicants themselves withdrew 28 files before a decision). The average loan amount was $153,010 at a 6.911% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300GDJIT5E0RD3B88 from Rio Piedras, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. MULTIPLES MORTGAGE CORP.'s 74.5% origination rate tells you how often an application turned into funded money; the 7.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in Conventional loans (146 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.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 146 | 111 | 9 | $159,795 |
| FHA | 44 | 32 | 5 | $132,045 |
| USDA | 5 | 3 | 0 | $147,000 |
| VA | 1 | 0 | 0 | $115,000 |
Top loan types — MULTIPLES MORTGAGE CORP.
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for MULTIPLES MORTGAGE CORP. (LEI: 549300GDJIT5E0RD3B88) · 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
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 171 | 127 | $139,854 |
| Cash-out Refinancing | 18 | 14 | $235,556 |
| Refinancing | 7 | 5 | $262,143 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 182 | 75.3% | 7.1% |
| Black or African American | 13 | 69.2% | 0.0% |
| Joint | 1 | 0.0% | 100.0% |
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 | 192 | 74.5% | 6.8% |
| Joint | 2 | 50.0% | 50.0% |
| Not Hispanic or Latino | 2 | 100.0% | 0.0% |
Nearby Lenders in PR
Other HMDA-reporting lenders in PR with similar activity. Compare any two side-by-side.
Banco Popular
San Juan, PR
FIRSTBANK
San Juan, PR
The Moneyhouse Inc.
San Juan, PR
Oriental Bank
San Juan, PR
HR MORTGAGE CORP
CAGUAS, PR
Mortgage Lending Guides
Frequently Asked Questions
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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.
Read our methodology — how this data is sourced, computed, and verified.