The Money House · Puerto Rico · 2025

The Money House in Puerto Rico: approval rate, denial rate and rates (2025)

The Money House took 1,602 mortgage applications in Puerto Rico in 2025, ranking #4 of 78 lenders active in the state. It originated 78.0% of them and denied 10.8% (12.2% of the applications it decided), against a statewide denial rate of 15.8%.

1.6kApplicationsin PR
12.2%Decision denial ratestate 18.5%
6.00%Median ratestate 6.13%
$135,000Median loanstate $145,000
$199MVolume73 counties

The Money House in Puerto Rico vs the state

10.8%Denial rate-4.96 pts vs state
12.2%Decision denial rate-6.33 pts vs state
78.0%Origination rate+10.74 pts vs state
6.00%Median rate-0.13 pts vs state
-0.27Rate spread (pts)-0.33 pts vs state
$49kMedian applicant income
1,249Loans originated
173Denied

Trend in Puerto Rico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3791,08112.8%6.75%#5
20241,5871,21312.9%6.50%#4
20251,6021,24910.8%6.00%#4

What The Money House lends in Puerto Rico

By loan purpose

Home purchase 1,523 95% · 11.0% denied
Refinance 35 2% · 5.7% denied
Cash-out refinance 34 2% · 5.9% denied
Home improvement 7 0% · 14.3% denied
Other / HELOC 3 0% · 0.0% denied

By loan type

Conventional 381 24% · 13.9% denied
FHA 997 62% · 9.8% denied
VA 102 6% · 12.8% denied
USDA / RHS 122 8% · 7.4% denied

Why it denied Puerto Rico applicants

Collateral 109 63%
Debt-to-income ratio 23 13%
Insufficient cash 11 6%
Credit history 10 6%
Employment history 9 5%
Other 6 3%
Unverifiable information 4 2%
Mortgage insurance denied 1 1%

Where in Puerto Rico

Counties with the most The Money House applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Juan Municipio 18413926 14.1%
Ponce Municipio 16713513 7.8%
Bayamón Municipio 1269415 11.9%
Carolina Municipio 12110010 8.3%
Caguas Municipio 857011 12.9%
Toa Baja Municipio 51433 5.9%
Trujillo Alto Municipio 44366 13.6%
Guaynabo Municipio 41322 4.9%
Mayagüez Municipio 40325 12.5%
Toa Alta Municipio 31281 3.2%

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%
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%
Pentagon Federal Credit UnionF 51943.0%5.88%

Frequently asked questions

Puerto Rico: 1,602 applications in 2025, of which 1,249 were originated and 173 denied.

10.8% of all applications, or 12.2% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.

The median rate on loans The Money House originated in Puerto Rico in 2025 was 6.00%, against a statewide median of 6.13%.

About this data. Figures are The Money House'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