Largest lenders in Mayagüez Municipio
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Banco Popular de Puerto Rico | C | 109 | 65 | 22.0% | 6.88% |
| 2 | Cooperativa de Ahorro y Credito de Rincon | B | 44 | 37 | 9.1% | 6.90% |
| 3 | Firstbank Puerto Rico | C | 43 | 28 | 18.6% | 5.75% |
| 4 | The Money House | B | 40 | 32 | 12.5% | 6.00% |
| 5 | Oriental Bank | C | 39 | 23 | 20.5% | 5.50% |
| 6 | Pentagon Federal Credit Union | F | 9 | 1 | 66.7% | 5.75% |
| 7 | Metro Island Mortgage | A | 8 | 8 | 0.0% | 5.88% |
| 8 | Sun West Mortgage Company | B | 7 | 3 | 14.3% | 5.38% |
| 9 | Vig Mortgage | D | 7 | 5 | 14.3% | 6.25% |
| 10 | Cooperativa de Ahorro Y Credito de Cabo Rojo | – | 6 | 6 | 0.0% | 6.88% |
| 11 | Multiples Mortgage | D | 6 | 2 | 16.7% | 7.25% |
| 12 | Broker Solutions | D | 6 | 4 | 0.0% | 6.94% |
| 13 | First Equity Mortgage Bankers | D | 6 | 1 | 33.3% | 8.00% |
| 14 | Crosscountry Mortgage | B | 5 | 2 | 0.0% | 6.91% |
| 15 | Preferred Mortgage | C | 5 | 3 | 20.0% | 6.25% |
Best approval odds in Mayagüez Municipio
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Banco Popular de Puerto Rico | 93 | 25.8% |
What Mayagüez Municipio borrowers applied for
By loan purpose
By loan type
Why applications were denied
Mayagüez Municipio by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 280 | 167 | 19.6% | 6.38% | $105,000 |
| 2024 | 282 | 180 | 22.3% | 6.25% | $105,000 |
| 2025 | 362 | 233 | 17.4% | 6.25% | $125,000 |
Frequently asked questions
17.4% of applications in Mayagüez Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.
Banco Popular de Puerto Rico, with 109 applications in 2025 and a denial rate of 22.0%.
The median mortgage application in Mayagüez Municipio in 2025 was for $125,000; the median property value on originated loans was $145,000.