Coamo Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Coamo averaged
6.67%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.97% and
one month ago for the week of 2025-05-29, the
average rate was 7.09%.
Coamo's average rate one year ago was 6.76%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.57%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Coamo 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Coamo 30 Year Fixed Rate Refi | 2025-07-03 | 6.57% |
| Coamo 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Coamo 15 Year Fixed Rate Refi | 2025-07-03 | 6.1% |
| Coamo 30 Year FHA | 2025-07-03 | 0% |
| Coamo 30 Year FHA Refi | 2025-07-03 | -0.1% |
| Coamo 30 Year USDA | 2025-07-03 | 0% |
| Coamo 30 Year USDA Refi | 2025-07-03 | 0% |
| Coamo 30 Year VA | 2025-07-03 | 0.1% |
| Coamo 30 Year VA Refi | 2025-07-03 | 0.2% |
Coamo 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 Coamo, 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 | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| Banco Popular de Puerto Rico | 6 | 8.65% | $3,692 |
| Cooperativa De Ahorro Y Credito La Aiboniteña | 2 | 7.13% | $8,324 |
| THE MONEY HOUSE INC. | 2 | 7.44% | $5,608 |
| FIRST EQUITY MORTGAGE BANKERS, INC. | 2 | 7.50% | $5,135 |
| Cooperativa De Credito Y Ahorro San Jose | 1 | 6.50% | $3,888 |
| FIRSTBANK PUERTO RICO | 1 | 5.88% | $5,639 |
| COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) | 1 | 7.13% | $6,732 |
| COOPERATIVA DE CREDITO LA SAGRADA FAMILIA | 1 | 6.50% | $9,718 |
Coamo Average Closing Costs & Other Stats
Coamo, PR's 8 lenders originated 71
loans during 2024. The total origination value was $8,565,000, with an average loan value of
$120,634.
Coamo's average closing costs are $6,176.
The top Coamo lender as defined by loan originations is Banco Popular de Puerto Rico, with
6 loans originated. Their average total fees are
$3,692, which is $4,632
lower than the next largest lender,
Cooperativa De Ahorro Y Credito La Aiboniteña.
The lowest fee Coamo lenders (with over 10 loans originated) are
.
The lowest rate Coamo lenders (with over 10 loans originated) are
.
Coamo, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| THE MONEY HOUSE INC. | $1,665,000 | $2,390,000 | 43.5% | 27.9% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,630,000 | $1,160,000 | -28.8% | 13.5% |
| Banco Popular de Puerto Rico | $2,885,000 | $965,000 | -66.6% | 11.3% |
| Oriental Bank | $995,000 | $530,000 | -46.7% | 6.2% |
| HR MORTGAGE CORP. | $245,000 | $505,000 | 106.1% | 5.9% |
| FIRSTBANK PUERTO RICO | $1,085,000 | $455,000 | -58.1% | 5.3% |
| Cooperativa De Ahorro Y Credito La Aiboniteña | $370,000 | n/a | 4.3% | |
| HOME MORTGAGE BANKERS CORP. | $270,000 | $300,000 | 11.1% | 3.5% |
| Senior Mortgage Bankers Inc | $265,000 | n/a | 3.1% | |
| FIRST EQUITY MORTGAGE BANKERS, INC. | $565,000 | $205,000 | -63.7% | 2.4% |
| Flagstar Bank, FSB | $185,000 | n/a | 2.2% | |
| COOPERATIVA DE CREDITO LA SAGRADA FAMILIA | $175,000 | n/a | 2.0% | |
| PENTAGON FEDERAL CREDIT UNION | $275,000 | $155,000 | -43.6% | 1.8% |
| TRUST MORTGAGE, CORP | $160,000 | $135,000 | -15.6% | 1.6% |
| Capital Mortgage Services Corp. | $125,000 | $125,000 | 0.0% | 1.5% |
| METRO ISLAND MORTGAGE, INC. | $810,000 | $125,000 | -84.6% | 1.5% |
| PREFERRED MORTGAGE CORPORATION | $260,000 | $125,000 | -51.9% | 1.5% |
| COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA | $85,000 | n/a | 1.0% | |
| E.M.I. EQUITY MORTGAGE, INC. | $320,000 | $85,000 | -73.4% | 1.0% |
| COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) | $75,000 | n/a | 0.9% | |
| Cooperativa De Credito Y Ahorro San Jose | $125,000 | $75,000 | -40.0% | 0.9% |
| VIG MORTGAGE CORPORATION | $200,000 | $75,000 | -62.5% | 0.9% |
Coamo's top lender by overall market share is THE MONEY HOUSE INC., with 27.9% market share. In second place, with 13.5%, is SUN WEST MORTGAGE COMPANY, INC., having originated $1,160,000 in loans. In third place, with 11.3%, is Banco Popular de Puerto Rico, having originated $965,000 in loans. In fourth place, with 6.2%, is Oriental Bank, having originated $530,000 in loans. In fifth place, with 5.9%, is HR MORTGAGE CORP., having originated $505,000 in loans.
Coamo, PR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 59 | $6,885,000 | $116,695 |
| Cash Out Refi | 6 | $880,000 | $146,667 |
| Refi | 5 | $745,000 | $149,000 |
| Home Improvement | 1 | $55,000 | $55,000 |
Coamo's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 37 | $4,725,000 | $127,703 |
| 5-6% | 12 | $1,560,000 | $130,000 |
| 7-8% | 11 | $1,165,000 | $105,909 |
| Over 8% | 7 | $395,000 | $56,429 |
| 4-5% | 4 | $720,000 | $180,000 |
During 2024, Coamo's most frequently originated rate bucket was 6-7%, with 37 originations.
Loan Sizing (Coamo, PR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 36 | $2,730,000 | $75,833 |
| $100k-200k | 28 | $3,990,000 | $142,500 |
| $200k-400k | 7 | $1,845,000 | $263,571 |
Coamo's loan sizing saw the bucket of loans from $100,000 or less with 36 originations, totaling $2,730,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 30 | $3,030,000 | $101,000 |
| 80-100% | 29 | $4,585,000 | $158,103 |
| 40-60% | 10 | $630,000 | $63,000 |
| 20-40% | 1 | $55,000 | $55,000 |
| Over 100% | 1 | $265,000 | $265,000 |
Coamo's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 30 originations, totaling $3,030,000 in origination value.