Flagstar Bank in Puerto Rico vs the state
100.0%Denial rate+84.24 pts vs state
100.0%Decision denial rate+81.50 pts vs state
0.0%Origination rate-67.23 pts vs state
—Median rate
—Rate spread (pts)
$107kMedian applicant income
0Loans originated
5Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 24 | 14 | 41.7% | 6.63% | #49 |
| 2025 | 5 | 0 | 100.0% | — | #60 |
What Flagstar Bank lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Guaynabo Municipio | 1 | 0 | 1 | 100.0% |
| Fajardo Municipio | 1 | 0 | 1 | 100.0% |
| Ponce Municipio | 1 | 0 | 1 | 100.0% |
| Carolina Municipio | 1 | 0 | 1 | 100.0% |
| Arecibo 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: 5 applications in 2025, of which 0 were originated and 5 denied.
100.0% of all applications, or 100.0% 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 Flagstar Bank'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