Mortgage Lenders in Arecibo Municipio, PR (2025): Denial Rates & Top Lenders

Largest lenders in Arecibo Municipio

#	Lender	Grade	Applications	Originated	Denial rate	Median rate
1	Banco Popular de Puerto Rico	C	93	61	22.6%	5.75%
2	Firstbank Puerto Rico	C	71	38	31.0%	5.69%
3	Oriental Bank	C	30	17	16.7%	5.00%
4	The Money House	B	26	18	11.5%	5.88%
5	Cooperativa de Ahorro Y Credito de Camuy	B	26	23	11.5%	6.75%
6	First Equity Mortgage Bankers	D	25	12	24.0%	5.88%
7	Preferred Mortgage	C	24	15	12.5%	5.75%
8	Metro Island Mortgage	A	22	22	0.0%	5.75%
9	Trust Mortgage	C	21	13	19.1%	5.75%
10	Home Mortgage Bankers	C	15	9	0.0%	6.25%
11	Sun West Mortgage Company	B	14	8	14.3%	6.25%
12	Cooperativa De Ahorro Y Credito Dr. Manuel Zeno Gandia	–	14	7	21.4%	6.50%
13	Pentagon Federal Credit Union	F	13	5	53.9%	6.50%
14	Cooperativa A/C de Arecibo	–	13	12	0.0%	6.08%
15	Rm Actual Mortgage	C	10	9	0.0%	6.25%
16	Cooperativa de Ahorro Y Credito LA Puertorriqueña	C	8	8	0.0%	6.38%
17	Cooperativa de Ahorro Y Credito de Lares	–	7	5	14.3%	6.99%
18	Capital Mortgage Services	D	7	6	0.0%	6.75%
19	Hr Mortgage	D	6	4	16.7%	6.00%
20	Cooperativa de Ahorro Y Credito de Isabela	–	6	5	0.0%	5.99%
21	Broker Solutions	D	6	6	0.0%	7.19%
22	Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, PR	–	5	5	0.0%	—

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#	Lender	Decided	Decision denial rate
1	Banco Popular de Puerto Rico	84	25.0%
2	Firstbank Puerto Rico	63	34.9%

Home purchase 383 77% · 17.8% denied

Refinance 23 5% · 8.7% denied

Cash-out refinance 66 13% · 12.1% denied

Home improvement 10 2% · 20.0% denied

Other / HELOC 18 4% · 27.8% denied

Conventional 176 35% · 13.1% denied

FHA 249 50% · 17.7% denied

VA 36 7% · 27.8% denied

USDA / RHS 39 8% · 20.5% denied

Collateral 43 51%

Debt-to-income ratio 17 20%

Other 8 9%

Credit history 6 7%

Insufficient cash 4 5%

Unverifiable information 3 4%

Employment history 2 2%

Mortgage insurance denied 1 1%

Incomplete application 1 1%

Year	Applications	Originated	Denial rate	Median rate	Median loan
2023	520	340	21.0%	6.50%	$95,000
2024	462	290	18.2%	6.50%	$105,000
2025	500	334	17.0%	6.00%	$125,000

What is the mortgage denial rate in Arecibo Municipio, PR?

17.0% of applications in Arecibo Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Who is the largest mortgage lender in Arecibo Municipio?

Banco Popular de Puerto Rico, with 93 applications in 2025 and a denial rate of 22.6%.

What is the typical loan size in Arecibo Municipio?

The median mortgage application in Arecibo Municipio in 2025 was for $125,000; the median property value on originated loans was $155,000.