Lenders › EMI Equity Mortgage, Inc. › Puerto Rico
EMI Equity Mortgage, Inc. in Puerto Rico
HMDA record for properties in Puerto Rico, calendar year 2024. National record · Puerto Rico overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
EMI Equity Mortgage, Inc.'s 2024 HMDA record for Puerto Rico covers 289 applications, 214 of them originated, worth $31m.
Its denial rate in the state was 17.9%, below the Puerto Rico rate of 20.5% across all lenders and compared with the lender's national rate of 17.9%.
The median rate spread on its Puerto Rico originations was 1.3 percentage points (state median 0.2).
Applications in the state were up 12% on 2023.
Compared with the state and the lender's national record
| Measure | In Puerto Rico | Puerto Rico, all lenders | EMI Equity Mortgage, Inc., all states | United States |
|---|---|---|---|---|
| Denial rate | 17.9% | 20.5% | 17.9% | 24.3% |
| Median rate spread, pp | 1.3 | 0.2 | 1.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 49.5% | 9.8% | 49.5% | 15.6% |
| Average originated loan | $146k | $188k | $146k | $329k |
| Home purchase share | 86.9% | 86.9% | 86.9% | 57.0% |
| FHA-insured share | 81.3% | 43.4% | 81.3% | 13.4% |
| VA-guaranteed share | 9.3% | 6.1% | 9.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePuerto Rico, all lenders
Loan purpose and loan type in Puerto Rico
By purpose
Home purchase 87% (186)Refinancing 7% (16)Cash-out refinancing 6% (12)
By type
Denial reasons as coded
Share of 47 denials in Puerto Rico by first denial reason coded (outlined bar: all lenders in the state).
Counties in Puerto Rico
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Bayamón Municipio | 41 | 31 | $4.8m | 20.5% |
| San Juan Municipio | 36 | 25 | $4.0m | 23.5% |
| Carolina Municipio | 25 | 20 | $2.9m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did EMI Equity Mortgage, Inc. originate in Puerto Rico in 2024?
214 loans totalling $31m, from 289 applications reported for properties in Puerto Rico.
What is EMI Equity Mortgage, Inc.'s denial rate in Puerto Rico?
17.9% of decided applications in Puerto Rico were denied, against 20.5% for all lenders in the state and 17.9% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Puerto Rico counties does EMI Equity Mortgage, Inc. lend in most?
By originations: Bayamón Municipio (31), San Juan Municipio (25), Carolina Municipio (20).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Puerto Rico. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.