Caguas Municipio, Puerto Rico · 2025

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

43 lenders acted on 958 mortgage applications for properties in Caguas Municipio in 2025. 13.8% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.00%; median loan $135,000; median property value $165,000.

958Applications
13.8%Denial ratestate 15.8%
6.00%Median ratestate 6.13%
$135,000Median loan
$165,000Median property value

Largest lenders in Caguas Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Firstbank Puerto Rico C 13488 20.2%5.75%
2 Banco Popular de Puerto Rico C 12675 16.7%5.88%
3 Hr Mortgage D 10079 16.0%6.25%
4 The Money House B 8570 12.9%6.25%
5 Oriental Bank C 7742 16.9%5.38%
6 First Equity Mortgage Bankers D 4526 26.7%6.25%
7 Preferred Mortgage C 4436 6.8%5.75%
8 Metro Island Mortgage A 3838 0.0%5.75%
9 Cooperativa de Ahorro Y Credito Oriental 3830 5.3%5.75%
10 Home Mortgage Bankers C 3727 0.0%6.25%
11 Trust Mortgage C 2923 6.9%5.75%
12 Broker Solutions D 2316 8.7%6.56%
13 E.m.i. Equity Mortgage A 2222 0.0%
14 R. F. Mortgage & Investment C 1813 16.7%6.00%
15 Sun West Mortgage Company B 158 20.0%5.88%
16 Rm Actual Mortgage C 1511 20.0%5.75%
17 Pentagon Federal Credit Union F 146 57.1%5.88%
18 Vig Mortgage D 1110 0.0%6.75%
19 Senior Mortgage Bankers D 118 9.1%6.00%
20 Multiples Mortgage D 98 11.1%7.00%
21 Cooperativa de Ahorro Y Credito LA Puertorriqueña C 74 0.0%6.25%
22 Caribe Federal Credit Union D 75 28.6%6.50%
23 The Lending Center 62 16.7%6.38%
24 Capital Mortgage Services D 66 0.0%6.88%
25 Unnamed lender 549300TDABQQ6MBUPK64 55 0.0%6.25%

Best approval odds in Caguas Municipio

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

#LenderDecidedDecision denial rate
1The Money House8113.6%
2Hr Mortgage9516.8%
3Banco Popular de Puerto Rico10220.6%
4Oriental Bank5822.4%
5Firstbank Puerto Rico11623.3%

What Caguas Municipio borrowers applied for

By loan purpose

Home purchase 803 84% · 13.1% denied
Refinance 31 3% · 16.1% denied
Cash-out refinance 96 10% · 17.7% denied
Home improvement 11 1% · 9.1% denied
Other / HELOC 17 2% · 23.5% denied

By loan type

Conventional 294 31% · 16.7% denied
FHA 543 57% · 11.8% denied
VA 56 6% · 21.4% denied
USDA / RHS 65 7% · 10.8% denied

Why applications were denied

Collateral 58 44%
Debt-to-income ratio 27 20%
Credit history 16 12%
Other 11 8%
Insufficient cash 6 5%
Incomplete application 6 5%
Unverifiable information 5 4%
Employment history 2 2%
Mortgage insurance denied 1 1%

Caguas Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,14782514.7%6.38%$115,000
202496366517.6%6.50%$125,000
202595868613.8%6.00%$135,000

Frequently asked questions

13.8% of applications in Caguas Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Firstbank Puerto Rico, with 134 applications in 2025 and a denial rate of 20.2%.

The median mortgage application in Caguas Municipio in 2025 was for $135,000; the median property value on originated loans was $165,000.