GUAYAMA Mortgage Rates

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

30 Year Fixed Rate mortgages in Guayama averaged 6.96% 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 6.87% and one month ago for the week of 2022-05-26, the average rate was 6.16%.

Guayama's average rate one year ago was 4.06%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Guayama 30 Year Fixed Rate 2022-06-30 6.96%
Guayama 30 Year Fixed Rate Refi 2022-06-30 5.24%
Guayama 15 Year Fixed Rate 2022-06-30 5.63%
Guayama 15 Year Fixed Rate Refi 2022-06-30 4.48%
Guayama 30 Year FHA 2022-06-30 5.75%
Guayama 30 Year FHA Refi 2022-06-30 5.88%
Guayama 30 Year USDA 2022-06-30 5.39%
Guayama 30 Year USDA Refi 2022-06-30 5.17%
Guayama 30 Year VA 2022-06-30 5.75%
Guayama 30 Year VA Refi 2022-06-30 5.32%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GUAYAMA, PR.

GUAYAMA 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 GUAYAMA, 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
Banco Popular de Puerto Rico 23 3.91% $3,300
Oriental Bank 7 3.07% $3,734
SUN WEST MORTGAGE COMPANY, INC. 6 3.35% $5,267
FIRSTBANK PUERTO RICO 5 3.18% $3,960
PREFERRED MORTGAGE CORPORATION 3 3.67% $5,743
TRUST MORTGAGE, CORP 2 3.13% $8,205
Cooperativa de A/C de Maunabo 2 6.25% $4,033
HR MORTGAGE CORP. 2 3.44% $4,151
MULTIPLES MORTGAGE CORPORATION 1 5.00% $9,893
Cooperativa De Credito Y Ahorro San Jose 1 4.25% $3,809
PENTAGON FEDERAL CREDIT UNION 1 2.88% $5,026
CARIBE FEDERAL CREDIT UNION 1 4.88% $3,132
Rf Mortgage & Investment Corp 1 3.75% $4,337
Senior Mortgage Bankers Inc 1 3.88% $4,996
CALCON MUTUAL MORTGAGE LLC 1 4.75% $4,157
THE MONEY HOUSE INC. 1 4.00% $5,215
Baxter Credit Union 1 3.25% $3,105

GUAYAMA, PR's 17 lenders originated 333 loans during 2021. The total origination value was $37,925,000, with an average loan value of $113,889.

The top GUAYAMA lender as defined by loan originations is Banco Popular de Puerto Rico, with 23 loans originated. Their average total fees are $3,300, which is $434 lower than the next largest lender, Oriental Bank.

The lowest fee GUAYAMA lenders (with over 10 loans originated) are Banco Popular de Puerto Rico ($3,300), .

The lowest rate GUAYAMA lenders (with over 10 loans originated) are Banco Popular de Puerto Rico (3.91%), .

GUAYAMA, 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 $3,045,000 $9,145,000 200.3% 24.1%
THE MONEY HOUSE INC. $885,000 $4,130,000 366.7% 10.9%
Oriental Bank $1,540,000 $3,810,000 147.4% 10.0%
PREFERRED MORTGAGE CORPORATION $2,005,000 $3,500,000 74.6% 9.2%
SUN WEST MORTGAGE COMPANY, INC. $970,000 $2,735,000 182.0% 7.2%
Cooperativa de A/C de Maunabo $35,000 $2,200,000 6,185.7% 5.8%
FIRSTBANK PUERTO RICO $1,970,000 $1,975,000 0.3% 5.2%
METRO ISLAND MORTGAGE, INC. $615,000 $1,580,000 156.9% 4.2%
HOME MORTGAGE BANKERS CORP. $5,245,000 $1,395,000 -73.4% 3.7%
HR MORTGAGE CORP. $910,000 $1,360,000 49.5% 3.6%
FIRST EQUITY MORTGAGE BANKERS, INC. $760,000 $1,285,000 69.1% 3.4%
TRUST MORTGAGE, CORP $540,000 $890,000 64.8% 2.3%
Rf Mortgage & Investment Corp $500,000 $755,000 51.0% 2.0%
Senior Mortgage Bankers Inc $275,000 $590,000 114.5% 1.6%
E.M.I. EQUITY MORTGAGE, INC. $270,000 $555,000 105.6% 1.5%
VIG MORTGAGE CORPORATION $365,000 n/a 1.0%
RM ACTUAL MORTGAGE, INC. $985,000 $360,000 -63.5% 0.9%
MULTIPLES MORTGAGE CORPORATION $165,000 $260,000 57.6% 0.7%
PENTAGON FEDERAL CREDIT UNION $240,000 n/a 0.6%
The Lending Center Corporation $200,000 n/a 0.5%
CARIBE FEDERAL CREDIT UNION $110,000 $180,000 63.6% 0.5%
Baxter Credit Union $160,000 n/a 0.4%
CALCON MUTUAL MORTGAGE LLC $105,000 n/a 0.3%
Cooperativa De Credito Y Ahorro San Jose $105,000 $105,000 0.0% 0.3%
COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) $165,000 $45,000 -72.7% 0.1%

GUAYAMA's top lender by overall market share is Banco Popular de Puerto Rico, with 24.1% market share. In second place, with 10.9%, is THE MONEY HOUSE INC., having originated $4,130,000 in loans. In third place, with 10.0%, is Oriental Bank, having originated $3,810,000 in loans. In third place, with 9.2%, is PREFERRED MORTGAGE CORPORATION, having originated $3,500,000 in loans. In third place, with 7.2%, is SUN WEST MORTGAGE COMPANY, INC., having originated $2,735,000 in loans.


GUAYAMA, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 246 $24,680,000 $100,325
Refi 44 $8,060,000 $183,182
Cash Out Refi 37 $4,575,000 $123,649
Other 5 $545,000 $109,000
Home Improvement 1 $65,000 $65,000

Guayama's most frequently cited loan purpose was Home Purchase, with 246 originations. The 2nd most popular reason was Refi, with 44 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 127 $12,945,000 $101,929
3-4% 126 $12,010,000 $95,317
<2.5% 45 $4,145,000 $92,111
4-5% 29 $8,375,000 $288,793
5-6% 2 $120,000 $60,000
6-7% 2 $140,000 $70,000
7-8% 2 $190,000 $95,000

During 2021, Guayama's most frequently originated rate bucket was 2.5-3%, with 127 originations.

Loan Sizing (GUAYAMA, PR MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 206 $15,620,000 $75,825
$100k-200k 115 $14,445,000 $125,609
$200k-400k 9 $2,275,000 $252,778
$Over $1MM 2 $4,710,000 $2,355,000
$600k-1000k 1 $875,000 $875,000

GUAYAMA's loan sizing saw the bucket of loans from $100,000 or less with 206 originations, totaling $15,620,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 232 $27,580,000 $118,879
60-80% 81 $7,585,000 $93,642
40-60% 9 $625,000 $69,444
Over 100% 5 $615,000 $123,000
20-40% 3 $175,000 $58,333
Under 20% 2 $1,250,000 $625,000

GUAYAMA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 232 originations, totaling $27,580,000 in origination value.