Vig Mortgage in Puerto Rico vs the state
12.0%Denial rate-3.80 pts vs state
14.2%Decision denial rate-4.27 pts vs state
71.4%Origination rate+4.20 pts vs state
6.25%Median rate+0.13 pts vs state
7.12Rate spread (pts)+7.06 pts vs state
$47kMedian applicant income
215Loans originated
36Denied
Trend in Puerto Rico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 319 | 231 | 16.0% | 6.75% | #17 |
| 2024 | 305 | 219 | 12.8% | 6.75% | #15 |
| 2025 | 301 | 215 | 12.0% | 6.25% | #17 |
What Vig Mortgage lends in Puerto Rico
By loan purpose
By loan type
Why it denied Puerto Rico applicants
Where in Puerto Rico
Counties with the most Vig Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 45 | 37 | 3 | 6.7% |
| Carolina Municipio | 31 | 23 | 5 | 16.1% |
| Bayamón Municipio | 18 | 17 | 0 | 0.0% |
| Toa Baja Municipio | 16 | 8 | 3 | 18.8% |
| Guaynabo Municipio | 13 | 11 | 1 | 7.7% |
| Trujillo Alto Municipio | 11 | 8 | 2 | 18.2% |
| Caguas Municipio | 11 | 10 | 0 | 0.0% |
| Fajardo Municipio | 11 | 6 | 1 | 9.1% |
| Toa Alta Municipio | 10 | 10 | 0 | 0.0% |
| Canóvanas Municipio | 8 | 5 | 3 | 37.5% |
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: 301 applications in 2025, of which 215 were originated and 36 denied.
12.0% of all applications, or 14.2% of the applications it actually decided on. The Puerto Rico statewide average across all lenders was 15.8%.
The median rate on loans Vig Mortgage originated in Puerto Rico in 2025 was 6.25%, against a statewide median of 6.13%.
About this data. Figures are Vig 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