AGUADILLA - ISABELA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Aguadilla - Isabela averaged 6.14% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.94% and one month ago for the week of 2024-09-05, the average rate was 6.07%.

Aguadilla - Isabela's average rate one year ago was 7.11%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Aguadilla - Isabela 30 Year Fixed Rate 2024-10-10 6.14%
Aguadilla - Isabela 30 Year Fixed Rate Refi 2024-10-10 6.82%
Aguadilla - Isabela 15 Year Fixed Rate 2024-10-10 5.31%
Aguadilla - Isabela 15 Year Fixed Rate Refi 2024-10-10 5.61%
Aguadilla - Isabela 30 Year FHA 2024-10-10 5.56%
Aguadilla - Isabela 30 Year FHA Refi 2024-10-10 6%
Aguadilla - Isabela 30 Year USDA 2024-10-10 5.44%
Aguadilla - Isabela 30 Year USDA Refi 2024-10-10 6.28%
Aguadilla - Isabela 30 Year VA 2024-10-10 5.65%
Aguadilla - Isabela 30 Year VA Refi 2024-10-10 5.75%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within AGUADILLA-ISABELA, PR.

AGUADILLA - ISABELA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the AGUADILLA-ISABELA, PR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Cooperativa de Ahorro y Credito de Rincon 87 5.76% $6,325
FIRSTBANK PUERTO RICO 66 6.15% $6,738
Banco Popular de Puerto Rico 55 6.96% $5,732
COOPERATIVA DE AHORRO Y CREDITO DE LARES 27 6.41% $4,060
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 15 6.54% $6,556
PENTAGON FEDERAL CREDIT UNION 12 6.14% $8,139
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA 11 5.52% $6,400
MULTIPLES MORTGAGE CORPORATION 10 6.35% $12,112
CROSSCOUNTRY MORTGAGE, LLC 8 6.82% $20,058
Oriental Bank 8 7.02% $7,534
Capital Mortgage Services Corp. 6 7.33% $9,262
SUN WEST MORTGAGE COMPANY, INC. 5 7.33% $7,059
Baxter Credit Union 4 6.97% $6,322
FIRST EQUITY MORTGAGE BANKERS, INC. 3 7.13% $8,314
CALCON MUTUAL MORTGAGE LLC 2 8.60% $12,709
SAN RAFAEL COOP 2 6.18% $10,002
PREFERRED MORTGAGE CORPORATION 1 7.50% $6,414
Rf Mortgage & Investment Corp 1 7.38% $7,442
COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA 1 8.00% $21,699
Cooperativa A/C Oriental 1 6.75% $6,733
COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS 1 5.95% $5,977
Cooperativa A/C de Arecibo 1 5.75% $17,132
Equity Prime Mortgage LLC 1 7.63% $14,043
EVERETT FINANCIAL, INC. 1 7.99% $5,779
The Lending Center Corporation 1 7.75% $8,509

AGUADILLA - ISABELA Average Closing Costs & Other Stats

AGUADILLA-ISABELA, PR's 25 lenders originated 754 loans during 2023. The total origination value was $117,010,000, with an average loan value of $155,186.

AGUADILLA - ISABELA's average closing costs are $6,237.

The top AGUADILLA - ISABELA lender as defined by loan originations is Cooperativa de Ahorro y Credito de Rincon, with 87 loans originated. Their average total fees are $6,325, which is $414 lower than the next largest lender, FIRSTBANK PUERTO RICO.

The lowest fee AGUADILLA - ISABELA lenders (with over 10 loans originated) are COOPERATIVA DE AHORRO Y CREDITO DE LARES ($4,060), Banco Popular de Puerto Rico ($5,732), Cooperativa de Ahorro y Credito de Rincon ($6,325), COOPERATIVA DE AHORRO Y CREDITO DE ISABELA ($6,400) and COOPERATIVA DE AHORRO Y CREDITO DE CAMUY ($6,556).

The lowest rate AGUADILLA - ISABELA lenders (with over 10 loans originated) are COOPERATIVA DE AHORRO Y CREDITO DE ISABELA (5.52%), Cooperativa de Ahorro y Credito de Rincon (5.76%), PENTAGON FEDERAL CREDIT UNION (6.14%), FIRSTBANK PUERTO RICO (6.15%) and MULTIPLES MORTGAGE CORPORATION (6.35%).

AGUADILLA-ISABELA, PR Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FIRSTBANK PUERTO RICO $29,150,000 $23,240,000 -20.3% 19.9%
Banco Popular de Puerto Rico $27,225,000 $19,810,000 -27.2% 16.9%
Cooperativa de Ahorro y Credito de Rincon $24,345,000 $17,775,000 -27.0% 15.2%
Oriental Bank $11,045,000 $6,190,000 -44.0% 5.3%
CROSSCOUNTRY MORTGAGE, LLC $3,265,000 $5,415,000 65.8% 4.6%
PENTAGON FEDERAL CREDIT UNION $9,165,000 $5,090,000 -44.5% 4.4%
SUN WEST MORTGAGE COMPANY, INC. $6,435,000 $4,855,000 -24.6% 4.1%
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA $6,950,000 $4,145,000 -40.4% 3.5%
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY $1,030,000 $4,105,000 298.5% 3.5%
METRO ISLAND MORTGAGE, INC. $1,910,000 $3,060,000 60.2% 2.6%
THE MONEY HOUSE INC. $2,355,000 $2,505,000 6.4% 2.1%
COOPERATIVA DE AHORRO Y CREDITO DE LARES $2,785,000 $2,225,000 -20.1% 1.9%
MULTIPLES MORTGAGE CORPORATION $2,125,000 $1,840,000 -13.4% 1.6%
Capital Mortgage Services Corp. $4,290,000 $1,835,000 -57.2% 1.6%
CALCON MUTUAL MORTGAGE LLC $1,710,000 $1,715,000 0.3% 1.5%
Equity Prime Mortgage LLC $1,280,000 $1,620,000 26.6% 1.4%
FIRST EQUITY MORTGAGE BANKERS, INC. $1,955,000 $1,580,000 -19.2% 1.4%
PREFERRED MORTGAGE CORPORATION $4,645,000 $1,530,000 -67.1% 1.3%
HOME MORTGAGE BANKERS CORP. $1,510,000 $1,345,000 -10.9% 1.1%
HR MORTGAGE CORP. $375,000 $985,000 162.7% 0.8%
Baxter Credit Union $1,680,000 $655,000 -61.0% 0.6%
E.M.I. EQUITY MORTGAGE, INC. $520,000 $575,000 10.6% 0.5%
Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, P.R. $1,095,000 $560,000 -48.9% 0.5%
Cooperativa A/C de Arecibo $195,000 $500,000 156.4% 0.4%
The Lending Center Corporation $270,000 $490,000 81.5% 0.4%
LATIN AMERICAN FINANCIAL CORPORATION $125,000 $475,000 280.0% 0.4%
COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA $460,000 n/a 0.4%
TRUST MORTGAGE, CORP $1,040,000 $415,000 -60.1% 0.4%
EVERETT FINANCIAL, INC. $410,000 n/a 0.4%
SAN RAFAEL COOP $860,000 $380,000 -55.8% 0.3%
Cooperativa A/C Oriental $285,000 n/a 0.2%
VIG MORTGAGE CORPORATION $940,000 $250,000 -73.4% 0.2%
Rf Mortgage & Investment Corp $1,605,000 $195,000 -87.9% 0.2%
RM ACTUAL MORTGAGE, INC. $585,000 $170,000 -70.9% 0.1%
COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA $320,000 $115,000 -64.1% 0.1%
COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS $105,000 n/a 0.1%
Senior Mortgage Bankers Inc $670,000 $105,000 -84.3% 0.1%

AGUADILLA - ISABELA's top lender by overall market share is FIRSTBANK PUERTO RICO, with 19.9% market share. In second place, with 16.9%, is Banco Popular de Puerto Rico, having originated $19,810,000 in loans. In third place, with 15.2%, is Cooperativa de Ahorro y Credito de Rincon, having originated $17,775,000 in loans. In fourth place, with 5.3%, is Oriental Bank, having originated $6,190,000 in loans. In fifth place, with 4.6%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $5,415,000 in loans.

AGUADILLA-ISABELA, PR Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
601 Aguadilla-Isabela, PR MSA $380 $390 $440 $640 $710
602 Aguadilla-Isabela, PR MSA $360 $400 $460 $570 $640
603 Aguadilla-Isabela, PR MSA $430 $470 $540 $660 $750
604 Aguadilla-Isabela, PR MSA $440 $480 $550 $680 $770
605 Aguadilla-Isabela, PR MSA $440 $480 $550 $680 $770
610 Aguadilla-Isabela, PR MSA $400 $430 $500 $620 $700
611 Aguadilla-Isabela, PR MSA $380 $420 $480 $590 $670
612 Aguadilla-Isabela, PR MSA $420 $430 $490 $650 $790
631 Aguadilla-Isabela, PR MSA $360 $390 $440 $590 $680
641 Aguadilla-Isabela, PR MSA $380 $420 $480 $590 $680
650 Aguadilla-Isabela, PR MSA $470 $480 $550 $760 $910
662 Aguadilla-Isabela, PR MSA $400 $430 $500 $620 $700
664 Aguadilla-Isabela, PR MSA $360 $390 $450 $550 $630
669 Aguadilla-Isabela, PR MSA $380 $420 $480 $590 $740
670 Aguadilla-Isabela, PR MSA $380 $390 $440 $550 $740
676 Aguadilla-Isabela, PR MSA $360 $390 $450 $550 $630
677 Aguadilla-Isabela, PR MSA $400 $440 $510 $630 $710
678 Aguadilla-Isabela, PR MSA $430 $440 $500 $640 $720
680 Aguadilla-Isabela, PR MSA $420 $430 $490 $600 $750
685 Aguadilla-Isabela, PR MSA $360 $390 $450 $550 $630
690 Aguadilla-Isabela, PR MSA $540 $590 $680 $840 $950

2022 Average & Median Rent Data Statistics
AGUADILLA-ISABELA, PR average 1BR rent: $433, median: $430
AGUADILLA-ISABELA, PR average 2BR rent: $497, median: $490
AGUADILLA-ISABELA, PR average 3BR rent: $626, median: $620

AGUADILLA-ISABELA, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 593 $91,255,000 $153,887
Cash Out Refi 103 $17,065,000 $165,680
Refi 37 $5,955,000 $160,946
Other 17 $2,445,000 $143,824
Home Improvement 4 $290,000 $72,500

Aguadilla - Isabela's most frequently cited loan purpose was Home Purchase, with 593 originations. The 2nd most popular reason was Cash Out Refi, with 103 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 282 $41,900,000 $148,582
5-6% 271 $43,655,000 $161,089
7-8% 92 $14,440,000 $156,957
4-5% 56 $9,230,000 $164,821
3-4% 25 $4,675,000 $187,000
Over 8% 20 $2,550,000 $127,500

During 2023, Aguadilla - Isabela's most frequently originated rate bucket was 6-7%, with 282 originations.

Loan Sizing (AGUADILLA-ISABELA, PR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 306 $43,690,000 $142,778
$100,000 or less 273 $19,475,000 $71,337
$200k-400k 152 $41,280,000 $271,579
$400k-600k 17 $7,985,000 $469,706
$600k-1000k 6 $4,580,000 $763,333

AGUADILLA - ISABELA's loan sizing saw the bucket of loans from $100k-200k with 306 originations, totaling $43,690,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 351 $64,355,000 $183,348
60-80% 278 $39,780,000 $143,094
40-60% 79 $6,765,000 $85,633
20-40% 27 $2,955,000 $109,444
Over 100% 10 $2,530,000 $253,000
Under 20% 1 $65,000 $65,000

AGUADILLA - ISABELA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 351 originations, totaling $64,355,000 in origination value.