Sun West Mortgage Company in Puerto Rico vs the state
10.6%Denial rate-5.18 pts vs state
11.2%Decision denial rate-7.34 pts vs state
60.0%Origination rate-7.27 pts vs state
6.38%Median rate+0.25 pts vs state
0.41Rate spread (pts)+0.35 pts vs state
$71kMedian applicant income
289Loans originated
51Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 885 | 522 | 17.5% | 6.75% | #6 |
| 2024 | 530 | 287 | 13.0% | 6.63% | #9 |
| 2025 | 482 | 289 | 10.6% | 6.38% | #12 |
What Sun West Mortgage Company lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Sun West Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 66 | 36 | 8 | 12.1% |
| Ponce Municipio | 36 | 20 | 6 | 16.7% |
| Bayamón Municipio | 29 | 21 | 3 | 10.3% |
| Carolina Municipio | 23 | 13 | 2 | 8.7% |
| Guaynabo Municipio | 20 | 11 | 1 | 5.0% |
| Caguas Municipio | 15 | 8 | 3 | 20.0% |
| Arecibo Municipio | 14 | 8 | 2 | 14.3% |
| Río Grande Municipio | 14 | 9 | 1 | 7.1% |
| Dorado Municipio | 14 | 9 | 1 | 7.1% |
| Trujillo Alto Municipio | 13 | 9 | 1 | 7.7% |
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: 482 applications in 2025, of which 289 were originated and 51 denied.
10.6% of all applications, or 11.2% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Sun West Mortgage Company originated in Puerto Rico in 2025 was 6.38%, against a statewide median of 6.13%.
About this data. Figures are Sun West Mortgage Company'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