Capital Mortgage Services in Puerto Rico vs the state
8.9%Denial rate-6.88 pts vs state
11.4%Decision denial rate-7.12 pts vs state
69.2%Origination rate+1.93 pts vs state
7.25%Median rate+1.13 pts vs state
1.09Rate spread (pts)+1.02 pts vs state
$94kMedian applicant income
148Loans originated
19Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 341 | 199 | 14.7% | 7.50% | #14 |
| 2024 | 262 | 150 | 21.8% | 7.69% | #17 |
| 2025 | 214 | 148 | 8.9% | 7.25% | #20 |
What Capital Mortgage Services lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Capital Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 52 | 37 | 2 | 3.8% |
| Bayamón Municipio | 19 | 14 | 2 | 10.5% |
| Carolina Municipio | 15 | 7 | 2 | 13.3% |
| Guaynabo Municipio | 9 | 8 | 1 | 11.1% |
| Gurabo Municipio | 8 | 5 | 0 | 0.0% |
| Vega Baja Municipio | 8 | 5 | 2 | 25.0% |
| Río Grande Municipio | 7 | 6 | 1 | 14.3% |
| Arecibo Municipio | 7 | 6 | 0 | 0.0% |
| Caguas Municipio | 6 | 6 | 0 | 0.0% |
| Toa Baja Municipio | 6 | 3 | 1 | 16.7% |
Other large lenders in Puerto Rico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Banco Popular de Puerto Rico | C | 3,894 | 20.4% | 6.25% |
| Firstbank Puerto Rico | C | 3,233 | 22.0% | 5.75% |
| Oriental Bank | C | 1,708 | 20.0% | 5.50% |
| The Money House | B | 1,602 | 10.8% | 6.00% |
| First Equity Mortgage Bankers | D | 1,517 | 17.7% | 6.00% |
| Preferred Mortgage | C | 732 | 11.6% | 5.75% |
| Hr Mortgage | D | 697 | 20.8% | 6.25% |
| Home Mortgage Bankers | C | 678 | 0.3% | 6.50% |
| Metro Island Mortgage | A | 588 | 0.2% | 5.75% |
| Trust Mortgage | C | 559 | 8.1% | 5.75% |
Frequently asked questions
Puerto Rico: 214 applications in 2025, of which 148 were originated and 19 denied.
8.9% of all applications, or 11.4% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Capital Mortgage Services originated in Puerto Rico in 2025 was 7.25%, against a statewide median of 6.13%.
About this data. Figures are Capital Mortgage Services'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