Everett Financial · Puerto Rico · 2025

Everett Financial in Puerto Rico: approval rate, denial rate and rates (2025)

Everett Financial took 61 mortgage applications in Puerto Rico in 2025, ranking #37 of 78 lenders active in the state. It originated 57.4% of them and denied 13.1% (18.6% of the applications it decided), against a statewide denial rate of 15.8%.

61Applicationsin PR
18.6%Decision denial ratestate 18.5%
6.75%Median ratestate 6.13%
$165,000Median loanstate $145,000
$7.7MVolume32 counties

Everett Financial in Puerto Rico vs the state

13.1%Denial rate-2.65 pts vs state
18.6%Decision denial rate+0.10 pts vs state
57.4%Origination rate-9.85 pts vs state
6.75%Median rate+0.63 pts vs state
1.04Rate spread (pts)+0.98 pts vs state
$78kMedian applicant income
35Loans originated
8Denied

Trend in Puerto Rico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023272211.1%7.13%#46
2024543920.4%6.75%#34
2025613513.1%6.75%#37

What Everett Financial lends in Puerto Rico

By loan purpose

Home purchase 48 79% · 12.5% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 12 20% · 16.7% denied

By loan type

Conventional 24 39% · 20.8% denied
FHA 32 52% · 6.3% denied
VA 3 5% · 33.3% denied
USDA / RHS 2 3% · 0.0% denied

Why it denied Puerto Rico applicants

Debt-to-income ratio 3 38%
Collateral 2 25%
Unverifiable information 1 13%
Other 1 13%
Credit history 1 13%

Where in Puerto Rico

Counties with the most Everett Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Juan Municipio 861 12.5%
Bayamón Municipio 431 25.0%
Carolina Municipio 421 25.0%
Dorado Municipio 431 25.0%
Camuy Municipio 320 0.0%
Cabo Rojo Municipio 330 0.0%
Luquillo Municipio 310 0.0%
Arecibo Municipio 320 0.0%
Ponce Municipio 200 0.0%
Toa Alta Municipio 211 50.0%

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: 61 applications in 2025, of which 35 were originated and 8 denied.

13.1% of all applications, or 18.6% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.

The median rate on loans Everett Financial originated in Puerto Rico in 2025 was 6.75%, against a statewide median of 6.13%.

About this data. Figures are Everett Financial'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