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 7.38% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.37% and one month ago for the week of 2023-08-17, the average rate was 7.18%.

Aguadilla - Isabela's average rate one year ago was 6.01%.

For refis of the same type during the week of 2023-09-21, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Aguadilla - Isabela 30 Year Fixed Rate 2023-09-21 7.38%
Aguadilla - Isabela 30 Year Fixed Rate Refi 2023-09-21 7.19%
Aguadilla - Isabela 15 Year Fixed Rate 2023-09-21 6.34%
Aguadilla - Isabela 15 Year Fixed Rate Refi 2023-09-21 7.14%
Aguadilla - Isabela 30 Year FHA 2023-09-21 6.34%
Aguadilla - Isabela 30 Year FHA Refi 2023-09-21 6.94%
Aguadilla - Isabela 30 Year USDA 2023-09-21 6.35%
Aguadilla - Isabela 30 Year USDA Refi 2023-09-21 6.92%
Aguadilla - Isabela 30 Year VA 2023-09-21 6.72%
Aguadilla - Isabela 30 Year VA Refi 2023-09-21 6.62%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Cooperativa de Ahorro y Credito de Rincon 99 5.77% $5,409
Banco Popular de Puerto Rico 73 5.48% $5,451
FIRSTBANK PUERTO RICO 52 5.19% $5,537
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA 22 4.88% $5,382
COOPERATIVA DE AHORRO Y CREDITO DE LARES 21 5.36% $4,431
PENTAGON FEDERAL CREDIT UNION 14 4.51% $7,990
Oriental Bank 13 5.61% $6,355
FIRST EQUITY MORTGAGE BANKERS, INC. 9 5.56% $6,905
Capital Mortgage Services Corp. 9 6.07% $14,078
CROSSCOUNTRY MORTGAGE, LLC 9 6.63% $10,244
SUN WEST MORTGAGE COMPANY, INC. 9 4.90% $7,634
Baxter Credit Union 8 4.78% $5,016
MULTIPLES MORTGAGE CORPORATION 6 5.42% $15,246
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 6 5.42% $4,874
PREFERRED MORTGAGE CORPORATION 5 5.85% $11,967
Rf Mortgage & Investment Corp 5 6.33% $9,115
SAN RAFAEL COOP 5 5.25% $6,289
Equity Prime Mortgage LLC 2 3.88% $12,248
Cooperativa A/C de Arecibo 2 5.25% $5,581
RM ACTUAL MORTGAGE, INC. 1 6.75% $5,335
METRO ISLAND MORTGAGE, INC. 1 4.88% $6,187
VIG MORTGAGE CORPORATION 1 5.50% $4,601
The Lending Center Corporation 1 7.50% $13,676
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA 1 3.75% $8,642

AGUADILLA - ISABELA Average Closing Costs & Other Stats

AGUADILLA-ISABELA, PR's 24 lenders originated 1,048 loans during 2022. The total origination value was $154,060,000, with an average loan value of $147,004.

AGUADILLA - ISABELA's average closing costs are $5,913.

The top AGUADILLA - ISABELA lender as defined by loan originations is Cooperativa de Ahorro y Credito de Rincon, with 99 loans originated. Their average total fees are $5,409, which is $43 lower than the next largest lender, Banco Popular de Puerto Rico.

The lowest fee AGUADILLA - ISABELA lenders (with over 10 loans originated) are COOPERATIVA DE AHORRO Y CREDITO DE LARES ($4,431), COOPERATIVA DE AHORRO Y CREDITO DE ISABELA ($5,382), Cooperativa de Ahorro y Credito de Rincon ($5,409), Banco Popular de Puerto Rico ($5,451) and FIRSTBANK PUERTO RICO ($5,537).

The lowest rate AGUADILLA - ISABELA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (4.51%), COOPERATIVA DE AHORRO Y CREDITO DE ISABELA (4.88%), FIRSTBANK PUERTO RICO (5.19%), COOPERATIVA DE AHORRO Y CREDITO DE LARES (5.36%) and Banco Popular de Puerto Rico (5.48%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
FIRSTBANK PUERTO RICO $34,965,000 $29,150,000 -16.6% 18.9%
Banco Popular de Puerto Rico $38,175,000 $27,225,000 -28.7% 17.7%
Cooperativa de Ahorro y Credito de Rincon $22,235,000 $24,345,000 9.5% 15.8%
Oriental Bank $16,910,000 $11,045,000 -34.7% 7.2%
PENTAGON FEDERAL CREDIT UNION $9,685,000 $9,165,000 -5.4% 5.9%
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA $4,135,000 $6,950,000 68.1% 4.5%
SUN WEST MORTGAGE COMPANY, INC. $13,290,000 $6,435,000 -51.6% 4.2%
PREFERRED MORTGAGE CORPORATION $6,015,000 $4,645,000 -22.8% 3.0%
Capital Mortgage Services Corp. $4,345,000 $4,290,000 -1.3% 2.8%
CROSSCOUNTRY MORTGAGE, LLC $3,265,000 n/a 2.1%
COOPERATIVA DE AHORRO Y CREDITO DE LARES $2,250,000 $2,785,000 23.8% 1.8%
THE MONEY HOUSE INC. $4,480,000 $2,355,000 -47.4% 1.5%
MULTIPLES MORTGAGE CORPORATION $1,560,000 $2,125,000 36.2% 1.4%
FIRST EQUITY MORTGAGE BANKERS, INC. $5,185,000 $1,955,000 -62.3% 1.3%
METRO ISLAND MORTGAGE, INC. $1,170,000 $1,910,000 63.2% 1.2%
CALCON MUTUAL MORTGAGE LLC $755,000 $1,710,000 126.5% 1.1%
Baxter Credit Union $2,020,000 $1,680,000 -16.8% 1.1%
Rf Mortgage & Investment Corp $355,000 $1,605,000 352.1% 1.0%
HOME MORTGAGE BANKERS CORP. $1,050,000 $1,510,000 43.8% 1.0%
Equity Prime Mortgage LLC $1,330,000 $1,280,000 -3.8% 0.8%
Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, P.R. $805,000 $1,095,000 36.0% 0.7%
TRUST MORTGAGE, CORP $455,000 $1,040,000 128.6% 0.7%
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY $2,435,000 $1,030,000 -57.7% 0.7%
VIG MORTGAGE CORPORATION $1,685,000 $940,000 -44.2% 0.6%
SAN RAFAEL COOP $300,000 $860,000 186.7% 0.6%
Senior Mortgage Bankers Inc $510,000 $670,000 31.4% 0.4%
RM ACTUAL MORTGAGE, INC. $230,000 $585,000 154.3% 0.4%
E.M.I. EQUITY MORTGAGE, INC. $940,000 $520,000 -44.7% 0.3%
HR MORTGAGE CORP. $1,515,000 $375,000 -75.2% 0.2%
COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA $925,000 $320,000 -65.4% 0.2%
The Lending Center Corporation $570,000 $270,000 -52.6% 0.2%
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA $220,000 n/a 0.1%
Cooperativa A/C de Arecibo $1,025,000 $195,000 -81.0% 0.1%
LATIN AMERICAN FINANCIAL CORPORATION $105,000 $125,000 19.0% 0.1%
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA $105,000 $105,000 0.0% 0.1%

AGUADILLA - ISABELA's top lender by overall market share is FIRSTBANK PUERTO RICO, with 18.9% market share. In second place, with 17.7%, is Banco Popular de Puerto Rico, having originated $27,225,000 in loans. In third place, with 15.8%, is Cooperativa de Ahorro y Credito de Rincon, having originated $24,345,000 in loans. In fourth place, with 7.2%, is Oriental Bank, having originated $11,045,000 in loans. In fifth place, with 5.9%, is PENTAGON FEDERAL CREDIT UNION, having originated $9,165,000 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
00601 Aguadilla-Isabela, PR $360 $370 $420 $600 $700
00602 Aguadilla-Isabela, PR $360 $370 $430 $530 $630
00603 Aguadilla-Isabela, PR $440 $460 $530 $660 $780
00604 Aguadilla-Isabela, PR $450 $470 $540 $670 $790
00605 Aguadilla-Isabela, PR $450 $470 $540 $670 $790
00610 Aguadilla-Isabela, PR $390 $400 $460 $570 $670
00611 Aguadilla-Isabela, PR $380 $390 $450 $560 $660
00612 Aguadilla-Isabela, PR $410 $430 $510 $670 $820
00631 Aguadilla-Isabela, PR $360 $370 $420 $550 $640
00641 Aguadilla-Isabela, PR $380 $390 $450 $560 $660
00650 Aguadilla-Isabela, PR $400 $430 $510 $670 $820
00662 Aguadilla-Isabela, PR $410 $430 $490 $610 $720
00664 Aguadilla-Isabela, PR $350 $370 $420 $520 $620
00669 Aguadilla-Isabela, PR $380 $390 $450 $560 $660
00670 Aguadilla-Isabela, PR $360 $370 $420 $520 $710
00676 Aguadilla-Isabela, PR $360 $370 $430 $530 $630
00677 Aguadilla-Isabela, PR $390 $400 $460 $570 $670
00678 Aguadilla-Isabela, PR $400 $410 $470 $620 $740
00680 Aguadilla-Isabela, PR $390 $390 $450 $560 $770
00685 Aguadilla-Isabela, PR $350 $370 $420 $520 $620
00690 Aguadilla-Isabela, PR $510 $530 $610 $760 $890

2022 Average & Median Rent Data Statistics
AGUADILLA-ISABELA, PR average 1BR rent: $409, median: $390
AGUADILLA-ISABELA, PR average 2BR rent: $470, median: $450
AGUADILLA-ISABELA, PR average 3BR rent: $594, median: $570

AGUADILLA-ISABELA, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 795 $118,185,000 $148,660
Cash Out Refi 158 $23,940,000 $151,519
Refi 71 $9,225,000 $129,930
Other 15 $1,315,000 $87,667
Home Improvement 9 $1,395,000 $155,000

Aguadilla - Isabela's most frequently cited loan purpose was Home Purchase, with 795 originations. The 2nd most popular reason was Cash Out Refi, with 158 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 321 $50,105,000 $156,090
4-5% 264 $38,810,000 $147,008
6-7% 153 $19,615,000 $128,203
3-4% 140 $21,570,000 $154,071
7-8% 55 $7,115,000 $129,364
2.5-3% 53 $9,485,000 $178,962
<2.5% 42 $5,930,000 $141,190
Over 8% 3 $185,000 $61,667

During 2022, Aguadilla - Isabela's most frequently originated rate bucket was 5-6%, with 321 originations.

Loan Sizing (AGUADILLA-ISABELA, PR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 441 $60,255,000 $136,633
$100,000 or less 385 $26,925,000 $69,935
$200k-400k 193 $51,275,000 $265,674
$400k-600k 23 $11,175,000 $485,870
$600k-1000k 6 $4,430,000 $738,333

AGUADILLA - ISABELA's loan sizing saw the bucket of loans from $100k-200k with 441 originations, totaling $60,255,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 546 $91,950,000 $168,407
60-80% 330 $41,780,000 $126,606
40-60% 106 $12,210,000 $115,189
20-40% 31 $3,095,000 $99,839
Over 100% 16 $3,580,000 $223,750
Under 20% 2 $120,000 $60,000

AGUADILLA - ISABELA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 546 originations, totaling $91,950,000 in origination value.