Guam Mortgage Lending

Statewide mortgage activity. Lenders filed 157 HMDA-reported mortgage applications in Guam in 2024, originating 112 loans and denying 12. That puts the statewide denial rate at 7.6% and the approval (origination) rate at 71.3%. The average loan amount across Guam was $406,592 at an average note rate of 6.25%. 4 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state.

What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, Native Hawaiian or Other Pacific Islander applicants had an approval rate of 71.7% and denial rate of 6.7%; while Asian applicants had an approval rate of 75.9% and denial rate of 10.3%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation.

How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.