R. F. Mortgage & Investment in Puerto Rico vs the state
8.7%Denial rate-7.04 pts vs state
8.9%Decision denial rate-9.57 pts vs state
85.5%Origination rate+18.24 pts vs state
6.25%Median rate+0.13 pts vs state
0.53Rate spread (pts)+0.47 pts vs state
$58kMedian applicant income
294Loans originated
30Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 343 | 283 | 7.0% | 6.75% | #13 |
| 2024 | 321 | 261 | 10.0% | 6.75% | #14 |
| 2025 | 344 | 294 | 8.7% | 6.25% | #15 |
What R. F. Mortgage & Investment lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most R. F. Mortgage & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 69 | 58 | 7 | 10.1% |
| Bayamón Municipio | 56 | 49 | 4 | 7.1% |
| Carolina Municipio | 27 | 23 | 2 | 7.4% |
| Humacao Municipio | 22 | 21 | 1 | 4.5% |
| Caguas Municipio | 18 | 13 | 3 | 16.7% |
| Toa Baja Municipio | 14 | 12 | 2 | 14.3% |
| Río Grande Municipio | 14 | 12 | 1 | 7.1% |
| Guaynabo Municipio | 12 | 12 | 0 | 0.0% |
| Toa Alta Municipio | 11 | 8 | 0 | 0.0% |
| Trujillo Alto Municipio | 10 | 9 | 1 | 10.0% |
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: 344 applications in 2025, of which 294 were originated and 30 denied.
8.7% of all applications, or 8.9% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans R. F. Mortgage & Investment originated in Puerto Rico in 2025 was 6.25%, against a statewide median of 6.13%.
About this data. Figures are R. F. Mortgage & Investment'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