San Rafael Coop in Puerto Rico vs the state
6.5%Denial rate-9.31 pts vs state
7.1%Decision denial rate-11.36 pts vs state
77.4%Origination rate+10.19 pts vs state
6.60%Median rate+0.47 pts vs state
0.05Rate spread (pts)-0.01 pts vs state
$56kMedian applicant income
24Loans originated
2Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 34 | 24 | 8.8% | 5.85% | #43 |
| 2024 | 23 | 16 | 0.0% | 6.60% | #50 |
| 2025 | 31 | 24 | 6.5% | 6.60% | #47 |
What San Rafael Coop lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most San Rafael Coop applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Germán Municipio | 6 | 5 | 0 | 0.0% |
| Quebradillas Municipio | 6 | 3 | 2 | 33.3% |
| Camuy Municipio | 3 | 3 | 0 | 0.0% |
| Isabela Municipio | 3 | 2 | 0 | 0.0% |
| Cabo Rojo Municipio | 2 | 2 | 0 | 0.0% |
| Sabana Grande Municipio | 2 | 2 | 0 | 0.0% |
| San Juan Municipio | 2 | 1 | 0 | 0.0% |
| Peñuelas Municipio | 2 | 1 | 0 | 0.0% |
| Lajas Municipio | 1 | 1 | 0 | 0.0% |
| Aguadilla 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: 31 applications in 2025, of which 24 were originated and 2 denied.
6.5% of all applications, or 7.1% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans San Rafael Coop originated in Puerto Rico in 2025 was 6.60%, against a statewide median of 6.13%.
About this data. Figures are San Rafael Coop'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