Crosscountry Mortgage in Puerto Rico vs the state
5.5%Denial rate-10.27 pts vs state
8.6%Decision denial rate-9.93 pts vs state
58.5%Origination rate-8.69 pts vs state
6.97%Median rate+0.84 pts vs state
0.86Rate spread (pts)+0.80 pts vs state
$142kMedian applicant income
96Loans originated
9Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 224 | 129 | 10.3% | 6.88% | #21 |
| 2024 | 176 | 105 | 10.8% | 6.88% | #21 |
| 2025 | 164 | 96 | 5.5% | 6.97% | #23 |
What Crosscountry Mortgage lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Crosscountry Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 22 | 15 | 0 | 0.0% |
| Carolina Municipio | 21 | 14 | 2 | 9.5% |
| Rincón Municipio | 14 | 8 | 1 | 7.1% |
| Vieques Municipio | 13 | 11 | 0 | 0.0% |
| Isabela Municipio | 12 | 6 | 1 | 8.3% |
| Humacao Municipio | 10 | 6 | 0 | 0.0% |
| Luquillo Municipio | 6 | 2 | 1 | 16.7% |
| Guaynabo Municipio | 6 | 2 | 0 | 0.0% |
| Mayagüez Municipio | 5 | 2 | 0 | 0.0% |
| Aguadilla Municipio | 5 | 1 | 2 | 40.0% |
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: 164 applications in 2025, of which 96 were originated and 9 denied.
5.5% of all applications, or 8.6% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Crosscountry Mortgage originated in Puerto Rico in 2025 was 6.97%, against a statewide median of 6.13%.
About this data. Figures are Crosscountry Mortgage'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