PR · Statewide HMDA 2024
Puerto Rico mortgage lending
According to the CFPB HMDA 2024 Snapshot, 63 reporting lenders · 78 counties · 6 metros.
Volume rank is not origination-share rank
According to the CFPB HMDA 2024 Snapshot, Puerto Rico ranks #47 of 54 by application volume but #14 of 52 states with 10,000+ applications on origination share (55.5%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.
- #14
- Origination-share rank of 52
- 55.5%
- Origination share
- 12,657
- Originated
- 14.8%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
22,815reported applications
CFPB HMDA state filing plate
State PR · Puerto Rico 14.8% denial
VOL-TRACE · DEN-LIGHT · NEAR-PEER · ORIG-LOW · BOOK-FULL · LEAD-HEAVY
- VOL-TRACE #47/54
- DEN-LIGHT 14.8%
- NEAR-PEER Wyoming
- ORIG-LOW 55.5%
- BOOK-FULL 63 lenders
- LEAD-HEAVY 19% top
Photo-finish peer: Wyoming · 14.8% denial (-0.1pp vs Puerto Rico)
2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.
Denial-rate neighbourhood · Puerto Rico
Poles and nearest peers by statewide HMDA denial rate, not a full state roster.
Nationwide states with similar HMDA denial rate or application volume
Two statewide peer sets for Puerto Rico: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.
Similar denial rate
Nearest states by statewide denial rate (14.8% here).
Similar application volume
Nearest states by HMDA applications filed (22,815 here).
Top lenders by originations · Puerto Rico
Funded loans among HMDA-reporting institutions active in this state.
Where Puerto Rico sits by application volume
2024 CFPB HMDA states and territories, bucketed by mortgage applications filed
22,815 13th percentile higher than 13% of 54 states and territories
Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year
Top counties by originations · Puerto Rico
In-state county volume from the same HMDA county board linked below.
How to read this state sheet. Puerto Rico filed 22,815 HMDA-reported applications in 2024 (#47 of 54 by volume) with a 14.8% denial rate - 2.4pp below the national 17.2% baseline. White applicants (15,956 apps) show 17.7% denial; Black or African American applicants (1,462 apps) show 12.8% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.
Nearby Lenders in Puerto Rico
Top HMDA-reporting lenders active in Puerto Rico. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Banco Popular | 2,445 | 19.3% |
| 2 | FIRSTBANK | 1,870 | 14.8% |
| 3 | The Moneyhouse Inc. | 1,213 | 9.6% |
| 4 | Oriental Bank | 814 | 6.4% |
| 5 | Metro Island Mortgage | 510 | 4.0% |
Reported outcomes by applicant race in Puerto Rico
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 15,956 | 64.9% | 17.7% |
| Black or African American | 1,462 | 76.1% | 12.8% |
| Joint | 529 | 73.5% | 14.9% |
| American Indian or Alaska Native | 42 | 52.4% | 30.9%sample too small to read |
| Asian | 34 | 58.8% | 17.6%sample too small to read |
| 2 or more minority races | 9 | 66.7% | 33.3%sample too small to read |
| Native Hawaiian or Other Pacific Islander | 3 | 66.7% | 0.0%sample too small to read |
Every county in Puerto Rico, by lending volume
County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| San Juan County | 2,829 | 1,602 | 16.8% | $230,207 |
| Bayamon County | 1,978 | 1,105 | 12.9% | $174,226 |
| Carolina County | 1,547 | 854 | 14.2% | $152,027 |
| Caguas County | 1,169 | 648 | 14.1% | $149,559 |
| Guaynabo County | 890 | 554 | 14.7% | $309,618 |
| Ponce County | 722 | 390 | 17.6% | $125,194 |
| Toa Baja County | 665 | 348 | 13.8% | $137,571 |
| Toa Alta County | 561 | 310 | 12.5% | $175,392 |
| Arecibo County | 537 | 285 | 14.9% | $122,523 |
| Trujillo Alto County | 518 | 298 | 13.3% | $166,602 |
| Humacao County | 499 | 272 | 15.0% | $273,216 |
| Rio Grande County | 495 | 271 | 11.7% | $227,949 |
| Gurabo County | 471 | 288 | 13.4% | $223,004 |
| Fajardo County | 451 | 243 | 13.8% | $130,388 |
| Vega Baja County | 430 | 232 | 13.3% | $139,349 |
| Cabo Rojo County | 405 | 273 | 14.8% | $174,432 |
| Juncos County | 373 | 192 | 12.3% | $164,839 |
| Dorado County | 359 | 213 | 13.9% | $515,306 |
| Canovanas County | 330 | 184 | 16.1% | $155,303 |
| Albonito County | 328 | 193 | 18.0% | $202,805 |
| Mayaguez County | 297 | 178 | 20.9% | $130,152 |
| Cayey County | 283 | 152 | 13.8% | $151,007 |
| Isabela County | 282 | 166 | 15.3% | $190,000 |
| Las Piedras County | 277 | 159 | 10.1% | $147,310 |
| Manati County | 277 | 154 | 10.1% | $129,838 |
| Vega Alta County | 241 | 128 | 16.2% | $192,303 |
| Cidra County | 220 | 116 | 12.7% | $154,545 |
| Barceloneta County | 210 | 119 | 12.4% | $124,238 |
| Guayama County | 208 | 101 | 15.9% | $98,942 |
| San Lorenzo County | 208 | 92 | 14.4% | $128,365 |
| Hatillo County | 207 | 114 | 17.9% | $145,048 |
| Luquillo County | 196 | 105 | 18.4% | $178,673 |
| Juana Diaz County | 192 | 95 | 14.1% | $130,260 |
| San Sabastian County | 179 | 110 | 13.4% | $121,872 |
| Naguabo County | 176 | 91 | 14.8% | $107,955 |
| Camuy County | 167 | 97 | 15.0% | $132,126 |
| Loiza County | 158 | 96 | 9.5% | $135,506 |
| Coamo County | 154 | 71 | 20.8% | $116,688 |
| Rincon County | 151 | 89 | 19.9% | $326,457 |
| Salinas County | 138 | 56 | 14.5% | $105,000 |
| Ceiba County | 132 | 70 | 12.9% | $114,394 |
| Corozal County | 130 | 60 | 20.0% | $117,538 |
| San German County | 128 | 79 | 15.6% | $140,469 |
| Arroyo County | 127 | 56 | 25.2% | $84,921 |
| Catano County | 121 | 71 | 14.1% | $177,231 |
| Yabucoa County | 120 | 65 | 13.3% | $94,083 |
| Aguas Buenas County | 119 | 74 | 20.2% | $167,689 |
| Quebradillas County | 119 | 72 | 16.8% | $148,445 |
| Yauco County | 108 | 58 | 14.8% | $113,519 |
| Morovis County | 107 | 59 | 9.3% | $121,542 |
| Santa Isabel County | 104 | 50 | 18.3% | $118,365 |
| Naranjito County | 103 | 56 | 8.7% | $130,825 |
| Aguada County | 99 | 55 | 16.2% | $156,414 |
| Sabana Grande County | 96 | 64 | 9.4% | $113,229 |
| Lares County | 94 | 51 | 19.1% | $115,851 |
| Barranquitas County | 93 | 42 | 10.8% | $141,129 |
| Aquadilla County | 91 | 45 | 15.4% | $125,330 |
| Moca County | 85 | 52 | 11.8% | $189,706 |
| Patillas County | 84 | 45 | 15.5% | $114,762 |
| Hormigueros County | 83 | 43 | 15.7% | $103,675 |
| Lajas County | 78 | 43 | 15.4% | $130,000 |
| Utuado County | 75 | 35 | 13.3% | $97,000 |
| Comerio County | 65 | 29 | 15.4% | $110,538 |
| Anasco County | 64 | 31 | 20.3% | $135,313 |
| Florida County | 62 | 34 | 8.1% | $81,290 |
| Vieques County | 60 | 29 | 16.7% | $278,500 |
| Penuelas County | 57 | 29 | 14.0% | $176,579 |
| Ciales County | 51 | 23 | 15.7% | $93,431 |
| Orocovis County | 50 | 27 | 22.0% | $120,200 |
| Maunabo County | 49 | 24 | 16.3% | $106,224 |
| Guanica County | 48 | 26 | 22.9% | $116,042 |
| Guayanilla County | 41 | 18 | 17.1% | $102,073 |
| Villalba County | 32 | 13 | 28.1% | $124,375 |
| Adjuntas County | 30 | 11 | 36.7% | $98,000 |
| Jayuya County | 25 | 13 | 16.0% | $123,000 |
| Las Marias County | 23 | 10 | 30.4% | $106,739 |
| Maricao County | 8 | 2 | 37.5% | $131,250 |
| Culebra County | 6 | 1 | 33.3% | $246,667 |
Metro Areas in Puerto Rico
Frequently Asked Questions
How many mortgage applications were filed in Puerto Rico?
Where does Puerto Rico sit among U.S. states for mortgage volume?
What is the mortgage denial rate in Puerto Rico?
What is the average mortgage loan amount in Puerto Rico?
How many mortgage lenders operate in Puerto Rico?
How do mortgage denial rates vary by demographics in Puerto Rico?
Which counties in Puerto Rico have the most mortgage activity?
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.