Cooperativa de Ahorro Y Credito de Lares in Puerto Rico vs the state
17.8%Denial rate+2.05 pts vs state
21.3%Decision denial rate+2.81 pts vs state
65.8%Origination rate-1.48 pts vs state
6.49%Median rate+0.37 pts vs state
—Rate spread (pts)
$37kMedian applicant income
48Loans originated
13Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 61 | 47 | 3.3% | 6.49% | #35 |
| 2024 | 53 | 36 | 11.3% | 6.95% | #35 |
| 2025 | 73 | 48 | 17.8% | 6.49% | #33 |
What Cooperativa de Ahorro Y Credito de Lares lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Cooperativa de Ahorro Y Credito de Lares applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lares Municipio | 17 | 8 | 5 | 29.4% |
| Utuado Municipio | 16 | 10 | 3 | 18.8% |
| San Sebastián Municipio | 13 | 10 | 2 | 15.4% |
| Arecibo Municipio | 7 | 5 | 1 | 14.3% |
| Las Marías Municipio | 4 | 3 | 0 | 0.0% |
| San Juan Municipio | 3 | 3 | 0 | 0.0% |
| Hatillo Municipio | 2 | 2 | 0 | 0.0% |
| Mayagüez Municipio | 2 | 1 | 0 | 0.0% |
| Cabo Rojo Municipio | 2 | 2 | 0 | 0.0% |
| Yauco Municipio | 1 | 0 | 1 | 100.0% |
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: 73 applications in 2025, of which 48 were originated and 13 denied.
17.8% of all applications, or 21.3% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Cooperativa de Ahorro Y Credito de Lares originated in Puerto Rico in 2025 was 6.49%, against a statewide median of 6.13%.
About this data. Figures are Cooperativa de Ahorro Y Credito de Lares'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