AGUADILLA - ISABELA Mortgage Rates

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

30 Year Fixed Rate mortgages in Aguadilla - Isabela averaged 6.85% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.96% and one month ago for the week of 2022-05-26, the average rate was 6.05%.

Aguadilla - Isabela's average rate one year ago was 4.48%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Aguadilla - Isabela 30 Year Fixed Rate 2022-06-30 6.85%
Aguadilla - Isabela 30 Year Fixed Rate Refi 2022-06-30 6.22%
Aguadilla - Isabela 15 Year Fixed Rate 2022-06-30 5.99%
Aguadilla - Isabela 15 Year Fixed Rate Refi 2022-06-30 4.97%
Aguadilla - Isabela 30 Year FHA 2022-06-30 5.59%
Aguadilla - Isabela 30 Year FHA Refi 2022-06-30 5.78%
Aguadilla - Isabela 30 Year USDA 2022-06-30 5.53%
Aguadilla - Isabela 30 Year USDA Refi 2022-06-30 5.4%
Aguadilla - Isabela 30 Year VA 2022-06-30 5.28%
Aguadilla - Isabela 30 Year VA Refi 2022-06-30 5.43%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Cooperativa de Ahorro y Credito de Rincon 83 5.79% $5,202
Banco Popular de Puerto Rico 81 3.64% $4,534
FIRSTBANK PUERTO RICO 48 3.18% $5,165
Oriental Bank 29 3.06% $6,023
PENTAGON FEDERAL CREDIT UNION 19 2.74% $4,484
COOPERATIVA DE AHORRO Y CREDITO DE AGUADA 15 3.82% $5,432
FIRST EQUITY MORTGAGE BANKERS, INC. 15 4.10% $9,041
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA 14 4.36% $5,073
SUN WEST MORTGAGE COMPANY, INC. 11 3.43% $9,607
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 10 4.46% $6,321
Capital Mortgage Services Corp. 9 4.89% $8,935
COOPERATIVA DE AHORRO Y CREDITO DE LARES 8 5.56% $3,581
Cooperativa Ahorro y Credito Aguadilla 8 4.92% $5,994
LENDUS, LLC 7 3.34% $5,815
Baxter Credit Union 6 2.88% $4,836
PREFERRED MORTGAGE CORPORATION 6 4.02% $5,742
Equity Prime Mortgage LLC 5 3.30% $6,710
SAN RAFAEL COOP 3 4.83% $3,882
CALCON MUTUAL MORTGAGE LLC 2 3.31% $3,784
MULTIPLES MORTGAGE CORPORATION 1 3.88% $20,292
HR MORTGAGE CORP. 1 3.25% $8,502
COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC. 1 4.00% $7,686
Cooperativa De Credito Y Ahorro San Jose 1 5.00% $7,470
Senior Mortgage Bankers Inc 1 4.50% $5,632
CARIBE FEDERAL CREDIT UNION 1 3.50% $7,355
The Lending Center Corporation 1 3.63% $10,242
TRUST MORTGAGE, CORP 1 3.63% $3,910
VIG MORTGAGE CORPORATION 1 3.88% $11,020

AGUADILLA-ISABELA, PR's 28 lenders originated 1,342 loans during 2021. The total origination value was $188,990,000, with an average loan value of $140,827.

The top AGUADILLA - ISABELA lender as defined by loan originations is Cooperativa de Ahorro y Credito de Rincon, with 83 loans originated. Their average total fees are $5,202, which is $668 higher than the next largest lender, Banco Popular de Puerto Rico.

The lowest fee AGUADILLA - ISABELA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION ($4,484), Banco Popular de Puerto Rico ($4,534), COOPERATIVA DE AHORRO Y CREDITO DE ISABELA ($5,073), FIRSTBANK PUERTO RICO ($5,165) and Cooperativa de Ahorro y Credito de Rincon ($5,202).

The lowest rate AGUADILLA - ISABELA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (2.74%), Oriental Bank (3.06%), FIRSTBANK PUERTO RICO (3.18%), SUN WEST MORTGAGE COMPANY, INC. (3.43%) and Banco Popular de Puerto Rico (3.64%).

AGUADILLA-ISABELA, PR Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Banco Popular de Puerto Rico $27,890,000 $38,175,000 36.9% 20.2%
FIRSTBANK PUERTO RICO $29,170,000 $34,965,000 19.9% 18.5%
Cooperativa de Ahorro y Credito de Rincon $16,735,000 $22,235,000 32.9% 11.8%
Oriental Bank $11,610,000 $16,910,000 45.7% 8.9%
SUN WEST MORTGAGE COMPANY, INC. $8,905,000 $13,290,000 49.2% 7.0%
PENTAGON FEDERAL CREDIT UNION $3,355,000 $9,685,000 188.7% 5.1%
PREFERRED MORTGAGE CORPORATION $2,915,000 $6,015,000 106.3% 3.2%
FIRST EQUITY MORTGAGE BANKERS, INC. $2,840,000 $5,185,000 82.6% 2.7%
THE MONEY HOUSE INC. $2,565,000 $4,480,000 74.7% 2.4%
Capital Mortgage Services Corp. $2,500,000 $4,345,000 73.8% 2.3%
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA $2,785,000 $4,135,000 48.5% 2.2%
COOPERATIVA DE AHORRO Y CREDITO DE AGUADA $2,810,000 $3,745,000 33.3% 2.0%
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY $285,000 $2,435,000 754.4% 1.3%
COOPERATIVA DE AHORRO Y CREDITO DE LARES $1,485,000 $2,250,000 51.5% 1.2%
LENDUS, LLC $2,070,000 n/a 1.1%
Baxter Credit Union $135,000 $2,020,000 1,396.3% 1.1%
VIG MORTGAGE CORPORATION $375,000 $1,685,000 349.3% 0.9%
MULTIPLES MORTGAGE CORPORATION $400,000 $1,560,000 290.0% 0.8%
HR MORTGAGE CORP. $605,000 $1,515,000 150.4% 0.8%
Equity Prime Mortgage LLC $1,330,000 n/a 0.7%
METRO ISLAND MORTGAGE, INC. $1,390,000 $1,170,000 -15.8% 0.6%
HOME MORTGAGE BANKERS CORP. $1,250,000 $1,050,000 -16.0% 0.6%
Cooperativa A/C de Arecibo $340,000 $1,025,000 201.5% 0.5%
Cooperativa Ahorro y Credito Aguadilla $965,000 $940,000 -2.6% 0.5%
E.M.I. EQUITY MORTGAGE, INC. $1,190,000 $940,000 -21.0% 0.5%
COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA $720,000 $925,000 28.5% 0.5%
Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, P.R. $575,000 $805,000 40.0% 0.4%
CALCON MUTUAL MORTGAGE LLC $3,835,000 $755,000 -80.3% 0.4%
The Lending Center Corporation $460,000 $570,000 23.9% 0.3%
Senior Mortgage Bankers Inc $695,000 $510,000 -26.6% 0.3%
TRUST MORTGAGE, CORP $265,000 $455,000 71.7% 0.2%
Rf Mortgage & Investment Corp $1,165,000 $355,000 -69.5% 0.2%
SAN RAFAEL COOP $215,000 $300,000 39.5% 0.2%
CARIBE FEDERAL CREDIT UNION $185,000 $260,000 40.5% 0.1%
RM ACTUAL MORTGAGE, INC. $230,000 n/a 0.1%
COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC. $180,000 n/a 0.1%
Cooperativa De Credito Y Ahorro San Jose $155,000 n/a 0.1%
COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO $220,000 $125,000 -43.2% 0.1%
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA $190,000 $105,000 -44.7% 0.1%
LATIN AMERICAN FINANCIAL CORPORATION $135,000 $105,000 -22.2% 0.1%

AGUADILLA - ISABELA's top lender by overall market share is Banco Popular de Puerto Rico, with 20.2% market share. In second place, with 18.5%, is FIRSTBANK PUERTO RICO, having originated $34,965,000 in loans. In third place, with 11.8%, is Cooperativa de Ahorro y Credito de Rincon, having originated $22,235,000 in loans. In third place, with 8.9%, is Oriental Bank, having originated $16,910,000 in loans. In third place, with 7.0%, is SUN WEST MORTGAGE COMPANY, INC., having originated $13,290,000 in loans.


AGUADILLA-ISABELA, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 895 $132,725,000 $148,296
Cash Out Refi 229 $29,695,000 $129,672
Refi 195 $23,985,000 $123,000
Other 18 $2,140,000 $118,889
Home Improvement 5 $445,000 $89,000

Aguadilla - Isabela's most frequently cited loan purpose was Home Purchase, with 895 originations. The 2nd most popular reason was Cash Out Refi, with 229 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 414 $58,630,000 $141,618
<2.5% 338 $46,420,000 $137,337
3-4% 312 $45,120,000 $144,615
4-5% 122 $18,220,000 $149,344
5-6% 91 $15,325,000 $168,407
6-7% 32 $3,060,000 $95,625
7-8% 24 $1,410,000 $58,750

During 2021, Aguadilla - Isabela's most frequently originated rate bucket was 2.5-3%, with 414 originations.

Loan Sizing (AGUADILLA-ISABELA, PR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 672 $93,560,000 $139,226
$100,000 or less 462 $34,720,000 $75,152
$200k-400k 191 $49,275,000 $257,984
$400k-600k 13 $6,395,000 $491,923
$600k-1000k 3 $2,185,000 $728,333
$Over $1MM 1 $2,855,000 $2,855,000

AGUADILLA - ISABELA's loan sizing saw the bucket of loans from $100k-200k with 672 originations, totaling $93,560,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 747 $113,695,000 $152,202
60-80% 416 $53,760,000 $129,231
40-60% 97 $10,555,000 $108,814
Over 100% 27 $5,255,000 $194,630
20-40% 23 $1,895,000 $82,391
Under 20% 1 $125,000 $125,000

AGUADILLA - ISABELA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 747 originations, totaling $113,695,000 in origination value.