Equity Prime Mortgage in Puerto Rico vs the state
12.9%Denial rate-2.86 pts vs state
26.7%Decision denial rate+8.17 pts vs state
33.9%Origination rate-33.36 pts vs state
6.38%Median rate+0.25 pts vs state
0.05Rate spread (pts)-0.02 pts vs state
$78kMedian applicant income
21Loans originated
8Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 86 | 47 | 4.7% | 7.25% | #30 |
| 2024 | 42 | 29 | 0.0% | 6.63% | #37 |
| 2025 | 62 | 21 | 12.9% | 6.38% | #36 |
What Equity Prime 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 Equity Prime Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carolina Municipio | 7 | 1 | 2 | 28.6% |
| San Juan Municipio | 6 | 3 | 0 | 0.0% |
| Fajardo Municipio | 5 | 1 | 1 | 20.0% |
| Cabo Rojo Municipio | 4 | 2 | 0 | 0.0% |
| Mayagüez Municipio | 4 | 2 | 0 | 0.0% |
| Arecibo Municipio | 4 | 1 | 0 | 0.0% |
| Dorado Municipio | 3 | 1 | 1 | 33.3% |
| Bayamón Municipio | 3 | 2 | 1 | 33.3% |
| Toa Baja Municipio | 2 | 0 | 0 | 0.0% |
| Humacao Municipio | 2 | 0 | 0 | 0.0% |
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: 62 applications in 2025, of which 21 were originated and 8 denied.
12.9% of all applications, or 26.7% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Equity Prime Mortgage originated in Puerto Rico in 2025 was 6.38%, against a statewide median of 6.13%.
About this data. Figures are Equity Prime 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