Gurabo Municipio, Puerto Rico · 2025

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

35 lenders acted on 555 mortgage applications for properties in Gurabo Municipio in 2025. 10.5% were denied (Puerto Rico: 15.8%). Median rate on closed loans 5.75%; median loan $295,000; median property value $315,000.

555Applications
10.5%Denial ratestate 15.8%
5.75%Median ratestate 6.13%
$295,000Median loan
$315,000Median property value

Largest lenders in Gurabo Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Banco Popular de Puerto Rico C 172135 10.5%5.50%
2 First Equity Mortgage Bankers D 10568 8.6%5.75%
3 Firstbank Puerto Rico C 6140 21.3%5.75%
4 The Money House B 2923 10.3%6.00%
5 Hr Mortgage D 2823 10.7%5.75%
6 Oriental Bank C 2518 12.0%5.25%
7 Preferred Mortgage C 1311 7.7%5.75%
8 Sun West Mortgage Company B 129 0.0%6.25%
9 Home Mortgage Bankers C 1211 0.0%6.50%
10 Metro Island Mortgage A 1110 0.0%5.75%
11 Pentagon Federal Credit Union F 93 33.3%5.50%
12 Cooperativa de Ahorro Y Credito Oriental 86 25.0%6.38%
13 R. F. Mortgage & Investment C 88 0.0%5.75%
14 Capital Mortgage Services D 85 0.0%6.75%
15 Cooperativa de Ahorro Y Credito LA Puertorriqueña C 76 0.0%6.13%
16 Trust Mortgage C 64 0.0%5.75%
17 Broker Solutions D 52 20.0%6.88%
18 E.m.i. Equity Mortgage A 55 0.0%

Best approval odds in Gurabo Municipio

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

#LenderDecidedDecision denial rate
1Banco Popular de Puerto Rico16111.2%
2First Equity Mortgage Bankers7711.7%
3Firstbank Puerto Rico5324.5%

What Gurabo Municipio borrowers applied for

By loan purpose

Home purchase 486 88% · 10.1% denied
Refinance 12 2% · 33.3% denied
Cash-out refinance 43 8% · 7.0% denied
Home improvement 8 1% · 0.0% denied
Other / HELOC 6 1% · 33.3% denied

By loan type

Conventional 116 21% · 12.1% denied
FHA 298 54% · 9.1% denied
VA 63 11% · 9.5% denied
USDA / RHS 78 14% · 14.1% denied

Why applications were denied

Collateral 20 34%
Debt-to-income ratio 18 31%
Insufficient cash 6 10%
Other 5 9%
Unverifiable information 4 7%
Employment history 3 5%
Credit history 2 3%

Gurabo Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202342731912.4%6.25%$165,000
202441930815.5%6.00%$235,000
202555540810.5%5.75%$295,000

Frequently asked questions

10.5% of applications in Gurabo Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Banco Popular de Puerto Rico, with 172 applications in 2025 and a denial rate of 10.5%.

The median mortgage application in Gurabo Municipio in 2025 was for $295,000; the median property value on originated loans was $315,000.