San Juan Municipio, Puerto Rico · 2025

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

60 lenders acted on 2,807 mortgage applications for properties in San Juan Municipio in 2025. 17.8% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.25%; median loan $165,000; median property value $205,000.

2.8kApplications
17.8%Denial ratestate 15.8%
6.25%Median ratestate 6.13%
$165,000Median loan
$205,000Median property value

Largest lenders in San Juan Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Firstbank Puerto Rico C 613413 20.1%5.88%
2 Banco Popular de Puerto Rico C 524319 20.2%6.38%
3 Oriental Bank C 234124 21.4%6.00%
4 The Money House B 184139 14.1%6.00%
5 First Equity Mortgage Bankers D 173104 23.1%6.38%
6 Preferred Mortgage C 8447 21.4%6.00%
7 Metro Island Mortgage A 7272 0.0%6.00%
8 R. F. Mortgage & Investment C 6958 10.1%6.75%
9 Sun West Mortgage Company B 6636 12.1%6.75%
10 Trust Mortgage C 6342 11.1%5.75%
11 Multiples Mortgage D 6248 9.7%7.00%
12 Pentagon Federal Credit Union F 5922 44.1%5.94%
13 Broker Solutions D 5836 12.1%6.50%
14 Hr Mortgage D 5633 30.4%7.25%
15 Capital Mortgage Services D 5237 3.9%7.25%
16 Home Mortgage Bankers C 4735 2.1%6.50%
17 Vig Mortgage D 4537 6.7%6.25%
18 Senior Mortgage Bankers D 3119 32.3%6.25%
19 E.m.i. Equity Mortgage A 2928 0.0%
20 Rm Actual Mortgage C 2816 35.7%6.13%
21 Caribe Federal Credit Union D 2718 33.3%6.50%
22 Crosscountry Mortgage B 2215 0.0%7.12%
23 Cooperativa de Ahorro Y Credito LA Puertorriqueña C 2216 13.6%6.25%
24 The Lending Center 128 8.3%7.50%
25 Cooperativa de Ahorro y Credito de Rincon B 129 8.3%6.65%

Best approval odds in San Juan Municipio

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

What San Juan Municipio borrowers applied for

By loan purpose

Home purchase 2,364 84% · 17.0% denied
Refinance 50 2% · 18.0% denied
Cash-out refinance 262 9% · 21.4% denied
Home improvement 46 2% · 13.0% denied
Other / HELOC 85 3% · 31.8% denied

By loan type

Conventional 1,657 59% · 17.6% denied
FHA 1,050 37% · 18.2% denied
VA 99 4% · 17.2% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Collateral 223 45%
Debt-to-income ratio 114 23%
Other 54 11%
Credit history 48 10%
Insufficient cash 17 3%
Unverifiable information 17 3%
Employment history 15 3%
Incomplete application 9 2%
Mortgage insurance denied 2 0%

San Juan Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,6801,71220.5%6.50%$130,000
20242,5541,66019.0%6.50%$155,000
20252,8071,85117.8%6.25%$165,000

Frequently asked questions

17.8% of applications in San Juan Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Firstbank Puerto Rico, with 613 applications in 2025 and a denial rate of 20.1%.

The median mortgage application in San Juan Municipio in 2025 was for $165,000; the median property value on originated loans was $205,000.