Home Mortgage Bankers in Puerto Rico vs the state
0.3%Denial rate-15.47 pts vs state
0.4%Decision denial rate-18.10 pts vs state
72.6%Origination rate+5.34 pts vs state
6.50%Median rate+0.38 pts vs state
1.47Rate spread (pts)+1.41 pts vs state
$43kMedian applicant income
492Loans originated
2Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 640 | 488 | 1.1% | 6.75% | #10 |
| 2024 | 630 | 462 | 1.0% | 6.75% | #8 |
| 2025 | 678 | 492 | 0.3% | 6.50% | #8 |
What Home Mortgage Bankers lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Home Mortgage Bankers applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carolina Municipio | 86 | 63 | 0 | 0.0% |
| Bayamón Municipio | 65 | 53 | 0 | 0.0% |
| San Juan Municipio | 47 | 35 | 1 | 2.1% |
| Caguas Municipio | 37 | 27 | 0 | 0.0% |
| Cayey Municipio | 28 | 20 | 0 | 0.0% |
| Canóvanas Municipio | 25 | 19 | 0 | 0.0% |
| Trujillo Alto Municipio | 21 | 12 | 1 | 4.8% |
| Fajardo Municipio | 21 | 15 | 0 | 0.0% |
| Toa Alta Municipio | 21 | 12 | 0 | 0.0% |
| Toa Baja Municipio | 21 | 16 | 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% |
| Metro Island Mortgage | A | 588 | 0.2% | 5.75% |
| Trust Mortgage | C | 559 | 8.1% | 5.75% |
| Pentagon Federal Credit Union | F | 519 | 43.0% | 5.88% |
Frequently asked questions
Puerto Rico: 678 applications in 2025, of which 492 were originated and 2 denied.
0.3% of all applications, or 0.4% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Home Mortgage Bankers originated in Puerto Rico in 2025 was 6.50%, against a statewide median of 6.13%.
About this data. Figures are Home Mortgage Bankers'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