Metro Island Mortgage in Puerto Rico vs the state
0.2%Denial rate-15.59 pts vs state
0.2%Decision denial rate-18.33 pts vs state
99.3%Origination rate+32.09 pts vs state
5.75%Median rate-0.38 pts vs state
0.31Rate spread (pts)+0.25 pts vs state
$49kMedian applicant income
584Loans originated
1Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 673 | 598 | 1.3% | 6.50% | #8 |
| 2024 | 515 | 503 | 0.2% | 6.50% | #10 |
| 2025 | 588 | 584 | 0.2% | 5.75% | #9 |
What Metro Island 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 Metro Island Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 72 | 72 | 0 | 0.0% |
| Carolina Municipio | 67 | 66 | 0 | 0.0% |
| Bayamón Municipio | 59 | 59 | 0 | 0.0% |
| Caguas Municipio | 38 | 38 | 0 | 0.0% |
| Arecibo Municipio | 22 | 22 | 0 | 0.0% |
| Toa Baja Municipio | 21 | 21 | 0 | 0.0% |
| Toa Alta Municipio | 18 | 18 | 0 | 0.0% |
| Trujillo Alto Municipio | 18 | 18 | 0 | 0.0% |
| Guaynabo Municipio | 16 | 16 | 0 | 0.0% |
| Río Grande Municipio | 14 | 14 | 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% |
| Trust Mortgage | C | 559 | 8.1% | 5.75% |
| Pentagon Federal Credit Union | F | 519 | 43.0% | 5.88% |
Frequently asked questions
Puerto Rico: 588 applications in 2025, of which 584 were originated and 1 denied.
0.2% of all applications, or 0.2% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Metro Island Mortgage originated in Puerto Rico in 2025 was 5.75%, against a statewide median of 6.13%.
About this data. Figures are Metro Island 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