Banesco USA · Puerto Rico · 2025

Banesco USA in Puerto Rico: approval rate, denial rate and rates (2025)

Banesco USA took 9 mortgage applications in Puerto Rico in 2025, ranking #57 of 78 lenders active in the state. It originated 100.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 15.8%.

9Applicationsin PR
0.0%Decision denial ratestate 18.5%
Median ratestate 6.13%
$2,105,000Median loanstate $145,000
$37MVolume5 counties

Banesco USA in Puerto Rico vs the state

0.0%Denial rate-15.76 pts vs state
0.0%Decision denial rate-18.50 pts vs state
100.0%Origination rate+32.77 pts vs state
Median rate
Rate spread (pts)
$1,148kMedian applicant income
9Loans originated
0Denied

Trend in Puerto Rico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202412120.0%#54
2025990.0%#57

What Banesco USA lends in Puerto Rico

By loan purpose

Home purchase 5 56% · 0.0% denied
Refinance 2 22% · 0.0% denied
Home improvement 2 22% · 0.0% denied

By loan type

Conventional 9 100% · 0.0% denied

Where in Puerto Rico

Counties with the most Banesco USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Juan Municipio 440 0.0%
Dorado Municipio 220 0.0%
Vega Alta Municipio 110 0.0%
Guaynabo Municipio 110 0.0%
Bayamón Municipio 110 0.0%

Other large lenders in Puerto Rico

LenderGradeApplicationsDenial rateMedian rate
Banco Popular de Puerto RicoC 3,89420.4%6.25%
Firstbank Puerto RicoC 3,23322.0%5.75%
Oriental BankC 1,70820.0%5.50%
The Money HouseB 1,60210.8%6.00%
First Equity Mortgage BankersD 1,51717.7%6.00%
Preferred MortgageC 73211.6%5.75%
Hr MortgageD 69720.8%6.25%
Home Mortgage BankersC 6780.3%6.50%
Metro Island MortgageA 5880.2%5.75%
Trust MortgageC 5598.1%5.75%

Frequently asked questions

Puerto Rico: 9 applications in 2025, of which 9 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Banesco USA's own HMDA filing for properties located in Puerto Rico, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology