Vega Alta Municipio, Puerto Rico · 2025

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

32 lenders acted on 255 mortgage applications for properties in Vega Alta Municipio in 2025. 13.3% were denied (Puerto Rico: 15.8%). Median rate on closed loans 6.25%; median loan $165,000; median property value $195,000.

255Applications
13.3%Denial ratestate 15.8%
6.25%Median ratestate 6.13%
$165,000Median loan
$195,000Median property value

Largest lenders in Vega Alta Municipio

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Firstbank Puerto Rico C 3724 27.0%5.88%
2 Banco Popular de Puerto Rico C 3420 17.7%6.38%
3 Oriental Bank C 2011 20.0%5.88%
4 The Money House B 1811 0.0%6.50%
5 Cooperativa de Ahorro Y Credito Vega Alta 1510 6.7%7.13%
6 Metro Island Mortgage A 1313 0.0%6.25%
7 Preferred Mortgage C 1310 7.7%5.88%
8 First Equity Mortgage Bankers D 139 7.7%6.25%
9 Pentagon Federal Credit Union F 126 33.3%5.88%
10 Trust Mortgage C 1110 0.0%5.75%
11 Rm Actual Mortgage C 74 42.9%6.13%
12 Cooperativa de Ahorro Y Credito de Manati C 77 0.0%6.95%
13 R. F. Mortgage & Investment C 65 0.0%5.75%
14 Cooperativa de Credito LA Sagrada Familia B 63 0.0%6.00%
15 Vig Mortgage D 64 16.7%5.75%
16 Sun West Mortgage Company B 53 0.0%5.88%

What Vega Alta Municipio borrowers applied for

By loan purpose

Home purchase 191 75% · 13.6% denied
Refinance 14 5% · 7.1% denied
Cash-out refinance 35 14% · 14.3% denied
Home improvement 5 2% · 20.0% denied
Other / HELOC 10 4% · 10.0% denied

By loan type

Conventional 113 44% · 14.2% denied
FHA 93 36% · 12.9% denied
VA 21 8% · 19.1% denied
USDA / RHS 28 11% · 7.1% denied

Why applications were denied

Debt-to-income ratio 11 32%
Collateral 8 24%
Other 6 18%
Insufficient cash 4 12%
Unverifiable information 2 6%
Credit history 2 6%
Employment history 1 3%

Vega Alta Municipio by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202321715913.4%6.38%$125,000
202420113119.9%6.63%$135,000
202525517613.3%6.25%$165,000

Frequently asked questions

13.3% of applications in Vega Alta Municipio were denied in 2025, against 15.8% statewide in Puerto Rico.

Firstbank Puerto Rico, with 37 applications in 2025 and a denial rate of 27.0%.

The median mortgage application in Vega Alta Municipio in 2025 was for $165,000; the median property value on originated loans was $195,000.