Popular Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
17th21.6% deniedProcesswithdrawn + incomplete share, weight 15%
33rd15.5%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 251 | 141 | 31.9% | 35.9% | 6.25% | $279M |
| 2024 | 249 | 125 | 32.9% | 39.4% | 6.38% | $261M |
| 2025 | 296 | 196 | 18.2% | 21.6% | — | $498M |
What Popular Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 91 investment properties.
Who gets approved at Popular Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 36 | 24 | 27.3% |
| $100k – $150k | 32 | 20 | 33.3% |
| $150k – $250k | 61 | 33 | 25.0% |
| Over $250k | 97 | 66 | 19.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 56 | 38 | 19.2% |
| 35–44 | 78 | 45 | 25.0% |
| 45–54 | 56 | 34 | 26.1% |
| 55–64 | 35 | 17 | 43.3% |
Where Popular Bank lends
8 states and 36 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 140 | 75 | 25.0% | — | #431 |
| New York | 131 | 104 | 9.2% | — | #242 |
| New Jersey | 18 | 11 | 33.3% | — | #462 |
Frequently asked questions
Popular Bank denied 21.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 17th percentile of small mortgage lenders.
In 2025, 72% of its applications were for home purchases, 18% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.