Manatí Municipio, Puerto Rico · 2025

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

33 lenders acted on 234 mortgage applications for properties in Manatí Municipio in 2025. 20.9% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.25%; median loan $115,000; median property value $145,000.

234Applications
20.9%Denial ratestate 15.8%
6.25%Median ratestate 6.13%
$115,000Median loan
$145,000Median property value

Largest lenders in Manatí Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Banco Popular de Puerto Rico C 3314 42.4%5.50%
2 Cooperativa de Ahorro Y Credito de Manati C 3227 12.5%6.95%
3 Firstbank Puerto Rico C 2411 50.0%5.75%
4 Oriental Bank C 166 25.0%5.25%
5 The Money House B 1412 14.3%6.38%
6 Rm Actual Mortgage C 1210 16.7%6.25%
7 Trust Mortgage C 118 9.1%5.75%
8 First Equity Mortgage Bankers D 84 0.0%6.00%
9 Home Mortgage Bankers C 84 0.0%6.38%
10 Sun West Mortgage Company B 76 0.0%6.25%
11 Pentagon Federal Credit Union F 73 57.1%5.38%
12 Vig Mortgage D 71 57.1%5.75%
13 Multiples Mortgage D 63 16.7%6.75%
14 Preferred Mortgage C 65 16.7%5.75%
15 Metro Island Mortgage A 55 0.0%5.75%
16 E.m.i. Equity Mortgage A 55 0.0%

What Manatí Municipio borrowers applied for

By loan purpose

Home purchase 193 82% · 21.2% denied
Refinance 5 2% · 20.0% denied
Cash-out refinance 34 15% · 20.6% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 92 39% · 23.9% denied
FHA 94 40% · 20.2% denied
VA 13 6% · 15.4% denied
USDA / RHS 35 15% · 17.1% denied

Why applications were denied

Collateral 29 59%
Other 6 12%
Debt-to-income ratio 6 12%
Credit history 3 6%
Employment history 2 4%
Incomplete application 1 2%
Unverifiable information 1 2%
Insufficient cash 1 2%

Manatí Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202322513420.4%6.50%$105,000
202422315513.0%6.50%$105,000
202523415220.9%6.25%$115,000

Frequently asked questions

20.9% of applications in Manatí Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Banco Popular de Puerto Rico, with 33 applications in 2025 and a denial rate of 42.4%.

The median mortgage application in Manatí Municipio in 2025 was for $115,000; the median property value on originated loans was $145,000.