Latin American Financial in Puerto Rico vs the state
12.8%Denial rate-2.99 pts vs state
14.3%Decision denial rate-4.21 pts vs state
76.6%Origination rate+9.37 pts vs state
6.25%Median rate+0.13 pts vs state
—Rate spread (pts)
$47kMedian applicant income
36Loans originated
6Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 115 | 85 | 13.9% | 6.75% | #26 |
| 2024 | 87 | 66 | 13.8% | 6.75% | #30 |
| 2025 | 47 | 36 | 12.8% | 6.25% | #40 |
What Latin American Financial lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Latin American Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bayamón Municipio | 8 | 5 | 1 | 12.5% |
| Toa Baja Municipio | 7 | 5 | 2 | 28.6% |
| Manatí Municipio | 4 | 3 | 0 | 0.0% |
| San Juan Municipio | 3 | 3 | 0 | 0.0% |
| Dorado Municipio | 3 | 3 | 0 | 0.0% |
| Toa Alta Municipio | 2 | 1 | 0 | 0.0% |
| Ciales Municipio | 2 | 2 | 0 | 0.0% |
| Carolina Municipio | 1 | 1 | 0 | 0.0% |
| Cataño Municipio | 1 | 1 | 0 | 0.0% |
| Fajardo Municipio | 1 | 1 | 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: 47 applications in 2025, of which 36 were originated and 6 denied.
12.8% of all applications, or 14.3% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Latin American Financial originated in Puerto Rico in 2025 was 6.25%, against a statewide median of 6.13%.
About this data. Figures are Latin American 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