E.m.i. Equity Mortgage · Puerto Rico · 2025

E.m.i. Equity Mortgage in Puerto Rico: approval rate, denial rate and rates (2025)

E.m.i. Equity Mortgage took 273 mortgage applications in Puerto Rico in 2025, ranking #18 of 78 lenders active in the state. It originated 86.8% of them and denied 0.7% (0.8% of the applications it decided), against a statewide denial rate of 15.8%.

273Applicationsin PR
0.8%Decision denial ratestate 18.5%
Median ratestate 6.13%
$155,000Median loanstate $145,000
$41MVolume51 counties

E.m.i. Equity Mortgage in Puerto Rico vs the state

0.7%Denial rate-15.03 pts vs state
0.8%Decision denial rate-17.66 pts vs state
86.8%Origination rate+19.58 pts vs state
Median rate
Rate spread (pts)
$50kMedian applicant income
237Loans originated
2Denied

Trend in Puerto Rico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325919513.9%6.50%#19
202428921416.3%6.75%#16
20252732370.7%#18

What E.m.i. Equity Mortgage lends in Puerto Rico

By loan purpose

Home purchase 222 81% · 0.9% denied
Refinance 28 10% · 0.0% denied
Cash-out refinance 23 8% · 0.0% denied

By loan type

Conventional 1 0% · 0.0% denied
FHA 229 84% · 0.9% denied
VA 21 8% · 0.0% denied
USDA / RHS 22 8% · 0.0% denied

Where in Puerto Rico

Counties with the most E.m.i. Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bayamón Municipio 30300 0.0%
San Juan Municipio 29280 0.0%
Carolina Municipio 22201 4.5%
Caguas Municipio 22220 0.0%
Trujillo Alto Municipio 12100 0.0%
Toa Baja Municipio 990 0.0%
Juncos Municipio 981 11.1%
Guaynabo Municipio 880 0.0%
Humacao Municipio 770 0.0%
Río Grande Municipio 660 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: 273 applications in 2025, of which 237 were originated and 2 denied.

0.7% of all applications, or 0.8% 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 E.m.i. Equity 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