Dorado Municipio, Puerto Rico · 2025

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

42 lenders acted on 387 mortgage applications for properties in Dorado Municipio in 2025. 11.6% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.25%; median loan $325,000; median property value $465,000.

387Applications
11.6%Denial ratestate 15.8%
6.25%Median ratestate 6.13%
$325,000Median loan
$465,000Median property value

Largest lenders in Dorado Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Banco Popular de Puerto Rico C 9765 17.5%6.38%
2 Firstbank Puerto Rico C 6645 12.1%5.88%
3 Oriental Bank C 3420 11.8%5.88%
4 First Equity Mortgage Bankers D 3113 9.7%6.25%
5 Pentagon Federal Credit Union F 179 17.7%5.75%
6 Sun West Mortgage Company B 149 7.1%6.63%
7 Home Mortgage Bankers C 148 0.0%6.63%
8 Cooperativa de Ahorro Y Credito Vega Alta 117 18.2%7.00%
9 Trust Mortgage C 85 12.5%5.75%
10 Metro Island Mortgage A 77 0.0%5.75%
11 The Money House B 77 0.0%6.00%
12 Hr Mortgage D 66 0.0%6.25%
13 Vig Mortgage D 63 16.7%5.75%
14 Calcon Mutual Mortgage D 55 0.0%8.50%
15 Multiples Mortgage D 54 0.0%6.75%
16 Preferred Mortgage C 53 20.0%6.88%

Best approval odds in Dorado Municipio

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

#LenderDecidedDecision denial rate
1Firstbank Puerto Rico5414.8%
2Banco Popular de Puerto Rico8420.2%

What Dorado Municipio borrowers applied for

By loan purpose

Home purchase 244 63% · 10.7% denied
Refinance 18 5% · 27.8% denied
Cash-out refinance 95 25% · 8.4% denied
Home improvement 13 3% · 7.7% denied
Other / HELOC 17 4% · 29.4% denied

By loan type

Conventional 227 59% · 12.8% denied
FHA 117 30% · 10.3% denied
VA 29 7% · 6.9% denied
USDA / RHS 14 4% · 14.3% denied

Why applications were denied

Debt-to-income ratio 17 38%
Collateral 11 24%
Unverifiable information 7 16%
Other 5 11%
Credit history 4 9%
Insufficient cash 1 2%

Dorado Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202332018918.1%6.25%$255,000
202433722215.1%6.38%$295,000
202538726411.6%6.25%$325,000

Frequently asked questions

11.6% of applications in Dorado Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Banco Popular de Puerto Rico, with 97 applications in 2025 and a denial rate of 17.5%.

The median mortgage application in Dorado Municipio in 2025 was for $325,000; the median property value on originated loans was $465,000.