Rm Actual Mortgage · Puerto Rico · 2025

Rm Actual Mortgage in Puerto Rico: approval rate, denial rate and rates (2025)

Rm Actual Mortgage took 396 mortgage applications in Puerto Rico in 2025, ranking #13 of 78 lenders active in the state. It originated 76.0% of them and denied 14.4% (15.9% of the applications it decided), against a statewide denial rate of 15.8%.

396Applicationsin PR
15.9%Decision denial ratestate 18.5%
6.25%Median ratestate 6.13%
$135,000Median loanstate $145,000
$44MVolume49 counties

Rm Actual Mortgage in Puerto Rico vs the state

14.4%Denial rate-1.37 pts vs state
15.9%Decision denial rate-2.58 pts vs state
76.0%Origination rate+8.78 pts vs state
6.25%Median rate+0.13 pts vs state
0.36Rate spread (pts)+0.30 pts vs state
$44kMedian applicant income
301Loans originated
57Denied

Trend in Puerto Rico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333423616.5%6.75%#15
202433724911.9%6.75%#13
202539630114.4%6.25%#13

What Rm Actual Mortgage lends in Puerto Rico

By loan purpose

Home purchase 377 95% · 14.1% denied
Cash-out refinance 19 5% · 21.1% denied

By loan type

Conventional 39 10% · 41.0% denied
FHA 248 63% · 14.1% denied
VA 26 7% · 7.7% denied
USDA / RHS 83 21% · 4.8% denied

Why it denied Puerto Rico applicants

Collateral 31 54%
Debt-to-income ratio 10 18%
Credit history 5 9%
Employment history 4 7%
Unverifiable information 3 5%
Insufficient cash 3 5%
Other 1 2%

Where in Puerto Rico

Counties with the most Rm Actual Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bayamón Municipio 54485 9.3%
San Juan Municipio 281610 35.7%
Juana Díaz Municipio 26223 11.5%
Carolina Municipio 21164 19.0%
Toa Baja Municipio 16131 6.3%
Vega Baja Municipio 16103 18.8%
Caguas Municipio 15113 20.0%
Humacao Municipio 14103 21.4%
Ponce Municipio 1382 15.4%
Manatí Municipio 12102 16.7%

Other large lenders in Puerto Rico

LenderGradeApplicationsDenial rateMedian rate
Banco Popular de Puerto RicoC 3,89420.4%6.25%
Firstbank Puerto RicoC 3,23322.0%5.75%
Oriental BankC 1,70820.0%5.50%
The Money HouseB 1,60210.8%6.00%
First Equity Mortgage BankersD 1,51717.7%6.00%
Preferred MortgageC 73211.6%5.75%
Hr MortgageD 69720.8%6.25%
Home Mortgage BankersC 6780.3%6.50%
Metro Island MortgageA 5880.2%5.75%
Trust MortgageC 5598.1%5.75%

Frequently asked questions

Puerto Rico: 396 applications in 2025, of which 301 were originated and 57 denied.

14.4% of all applications, or 15.9% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.

The median rate on loans Rm Actual Mortgage originated in Puerto Rico in 2025 was 6.25%, against a statewide median of 6.13%.

About this data. Figures are Rm Actual 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