SENIOR MORTGAGE BANKER

SAN JUAN, PR

SENIOR MORTGAGE BANKER processed 183 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 122 loans with a 14.2% denial rate. Home Purchase was the primary loan purpose. Based in SAN JUAN, PR. The approval rate of 66.7% 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. SENIOR MORTGAGE BANKER processed 183 HMDA-reported mortgage applications in 2024, originating 122 loans and denying 26 for a denial rate of 14.2% (applicants themselves withdrew 35 files before a decision). The average loan amount was $161,448 at a 6.628% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 254900QK56SK0RTQI188 from SAN JUAN, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. SENIOR MORTGAGE BANKER's 66.7% origination rate tells you how often an application turned into funded money; the 14.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in FHA loans (114 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.

183
Applications
122
Originated
14.2%
Denial Rate
$161,448
Avg Loan Amount
Avg Interest Rate: 6.628% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
FHA 114 78 13 $150,702
Conventional 57 35 12 $171,667
VA 8 6 1 $233,750
USDA 4 3 0 $177,500

Top loan types — SENIOR MORTGAGE BANKER

Top loan types — SENIOR MORTGAGE BANKER Horizontal bar chart of the top 4 items by value (applications). Top loan types — SENIOR MORTGAGE BANKER Top 4 1. FHA 114 2. Conventional 57 3. VA 8 4. USDA 4 Top 5 loan types by application volume at SENIOR MORTGAGE BANKER (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for SENIOR MORTGAGE BANKER (LEI: 254900QK56SK0RTQI188) · 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

Collateral
13
Debt-to-income ratio
5
Other
4
Insufficient cash
4
Credit history
3
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 99 68 $155,505
Cash-out Refinancing 82 53 $165,976
Refinancing 2 1 $270,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 174 67.8% 12.6%
Joint 5 60.0% 40.0%
Black or African American 4 25.0% 50.0%

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 181 66.8% 13.8%
Joint 1 100.0% 0.0%
Not Hispanic or Latino 1 0.0% 100.0%

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 SENIOR MORTGAGE BANKER process?
SENIOR MORTGAGE BANKER processed 183 mortgage applications in the 2023 HMDA reporting year. Of these, 122 were originated (approved and funded), 35 were withdrawn by the applicant, and 26 were denied.
What is SENIOR MORTGAGE BANKER's mortgage approval rate?
SENIOR MORTGAGE BANKER has an approval (origination) rate of 66.7%, meaning 66.7% of all applications resulted in a funded mortgage. The denial rate is 14.2%.
What is the average loan amount at SENIOR MORTGAGE BANKER?
The average mortgage loan amount at SENIOR MORTGAGE BANKER is $161,448. The average interest rate is 6.628%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at SENIOR MORTGAGE BANKER?
The most common reasons for mortgage denial at SENIOR MORTGAGE BANKER are: Collateral, Debt-to-income ratio, Other. In total, 26 applications were denied out of 183 total applications.
What types of mortgage loans does SENIOR MORTGAGE BANKER offer?
SENIOR MORTGAGE BANKER processes FHA, Conventional, VA, USDA loans. The most common type is FHA with 114 applications and an average loan amount of $150,702.
What loan purposes does SENIOR MORTGAGE BANKER serve?
SENIOR MORTGAGE BANKER serves the following loan purposes: Home Purchase (99 applications), Cash-out Refinancing (82 applications), Refinancing (2 applications). Home Purchase is the most common purpose.
Where is SENIOR MORTGAGE BANKER located?
SENIOR MORTGAGE BANKER is headquartered in SAN JUAN, PR. The lender is identified by LEI 254900QK56SK0RTQI188 in HMDA data.
How does SENIOR MORTGAGE BANKER compare in lending across racial demographics?
SENIOR MORTGAGE BANKER reports demographic lending data under HMDA requirements. White applicants have an approval rate of 67.8% and denial rate of 12.6%; Joint applicants have an approval rate of 60.0% and denial rate of 40.0%; Black or African American applicants have an approval rate of 25.0% and denial rate of 50.0%. 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.