Cabo Rojo Municipio, Puerto Rico · 2025

Mortgage lenders in Cabo Rojo Municipio, PR: denial rates and top lenders (2025)

41 lenders acted on 447 mortgage applications for properties in Cabo Rojo Municipio in 2025. 13.2% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.25%; median loan $165,000; median property value $215,000.

447Applications
13.2%Denial ratestate 15.8%
6.25%Median ratestate 6.13%
$165,000Median loan
$215,000Median property value

Largest lenders in Cabo Rojo Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Banco Popular de Puerto Rico C 12783 15.8%6.25%
2 Firstbank Puerto Rico C 5736 24.6%5.88%
3 Cooperativa de Ahorro y Credito de Rincon B 3928 5.1%6.83%
4 The Money House B 2923 3.5%6.25%
5 Oriental Bank C 2616 19.2%5.75%
6 First Equity Mortgage Bankers D 1912 21.1%6.31%
7 Cooperativa de Ahorro Y Credito de Cabo Rojo 1817 0.0%6.00%
8 Pentagon Federal Credit Union F 145 35.7%5.50%
9 Baxter Credit Union B 96 11.1%5.56%
10 Preferred Mortgage C 95 22.2%5.75%
11 Metro Island Mortgage A 77 0.0%5.75%
12 Cooperativa de Ahorro Y Credito de Camuy B 77 0.0%6.45%
13 Broker Solutions D 76 0.0%6.44%
14 Sun West Mortgage Company B 65 16.7%6.25%
15 Cooperativa de Credito LA Sagrada Familia B 66 0.0%6.75%
16 Senior Mortgage Bankers D 63 0.0%6.25%
17 Caribe Federal Credit Union D 65 16.7%6.50%
18 Capital Mortgage Services D 54 20.0%7.50%

Best approval odds in Cabo Rojo Municipio

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

#LenderDecidedDecision denial rate
1Banco Popular de Puerto Rico10818.5%
2Firstbank Puerto Rico5326.4%

What Cabo Rojo Municipio borrowers applied for

By loan purpose

Home purchase 346 77% · 11.6% denied
Refinance 14 3% · 7.1% denied
Cash-out refinance 60 13% · 21.7% denied
Home improvement 9 2% · 22.2% denied
Other / HELOC 18 4% · 16.7% denied

By loan type

Conventional 258 58% · 10.9% denied
FHA 118 26% · 16.1% denied
VA 36 8% · 22.2% denied
USDA / RHS 35 8% · 11.4% denied

Why applications were denied

Collateral 26 44%
Debt-to-income ratio 16 27%
Other 4 7%
Employment history 3 5%
Unverifiable information 3 5%
Credit history 3 5%
Insufficient cash 3 5%
Incomplete application 1 2%

Cabo Rojo Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202334323116.9%6.50%$135,000
202438427516.2%6.38%$155,000
202544731213.2%6.25%$165,000

Frequently asked questions

13.2% of applications in Cabo Rojo Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Banco Popular de Puerto Rico, with 127 applications in 2025 and a denial rate of 15.8%.

The median mortgage application in Cabo Rojo Municipio in 2025 was for $165,000; the median property value on originated loans was $215,000.