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Toa Alta Municipio, Puerto Rico · 2025

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

35 lenders acted on 461 mortgage applications for properties in Toa Alta Municipio in 2025. 16.1% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.00%; median loan $165,000; median property value $205,000.

461Applications
16.1%Denial ratestate 15.8%
6.00%Median ratestate 6.13%
$165,000Median loan
$205,000Median property value

Largest lenders in Toa Alta Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Banco Popular de Puerto Rico C 8143 24.7%5.75%
2 Firstbank Puerto Rico C 7951 25.3%5.75%
3 The Money House B 3128 3.2%6.00%
4 Oriental Bank C 2716 11.1%5.00%
5 First Equity Mortgage Bankers D 2718 25.9%6.13%
6 Home Mortgage Bankers C 2112 0.0%6.50%
7 Trust Mortgage C 1915 5.3%5.75%
8 Metro Island Mortgage A 1919 0.0%6.00%
9 Preferred Mortgage C 1715 11.8%5.75%
10 Pentagon Federal Credit Union F 136 53.9%5.94%
11 Hr Mortgage D 128 33.3%6.50%
12 Cooperativa de Credito LA Sagrada Familia B 1210 0.0%6.75%
13 Cooperativa de Ahorro Y Credito Vega Alta – 1110 0.0%7.00%
14 R. F. Mortgage & Investment C 118 0.0%5.75%
15 Vig Mortgage D 1010 0.0%6.25%
16 Senior Mortgage Bankers D 108 0.0%6.25%
17 Rm Actual Mortgage C 96 22.2%5.75%
18 Sun West Mortgage Company B 74 14.3%6.00%
19 Broker Solutions D 75 0.0%6.88%
20 Caribe Federal Credit Union D 64 33.3%6.50%
21 Multiples Mortgage D 54 20.0%7.00%
22 E.m.i. Equity Mortgage A 55 0.0%—

Best approval odds in Toa Alta Municipio

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

#LenderDecidedDecision denial rate
1Firstbank Puerto Rico7227.8%
2Banco Popular de Puerto Rico6630.3%

What Toa Alta Municipio borrowers applied for

By loan purpose

Home purchase 347 75% · 15.0% denied
Refinance 21 5% · 38.1% denied
Cash-out refinance 75 16% · 18.7% denied
Home improvement 9 2% · 0.0% denied
Other / HELOC 9 2% · 0.0% denied

By loan type

Conventional 127 28% · 18.1% denied
FHA 277 60% · 15.2% denied
VA 41 9% · 17.1% denied
USDA / RHS 16 3% · 12.5% denied

Why applications were denied

Collateral 27 36%
Other 14 19%
Debt-to-income ratio 14 19%
Credit history 8 11%
Insufficient cash 5 7%
Incomplete application 3 4%
Unverifiable information 3 4%

Toa Alta Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202348534214.9%6.25%$135,000
202446831715.8%6.50%$155,000
202546131916.1%6.00%$165,000

Frequently asked questions

16.1% of applications in Toa Alta Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Banco Popular de Puerto Rico, with 81 applications in 2025 and a denial rate of 24.7%.

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