SAN GERMÁN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in San GermÁn averaged
6.96%
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
6.76% and
one month ago for the week of 2025-05-29, the
average rate was 7.08%.
San GermÁn's average rate one year ago was 6.75%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| San GermÁn 30 Year Fixed Rate | 2025-07-03 | 6.96% |
| San GermÁn 30 Year Fixed Rate Refi | 2025-07-03 | 6.77% |
| San GermÁn 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| San GermÁn 15 Year Fixed Rate Refi | 2025-07-03 | 5.8% |
| San GermÁn 30 Year FHA | 2025-07-03 | -0.44% |
| San GermÁn 30 Year FHA Refi | 2025-07-03 | -0.1% |
| San GermÁn 30 Year USDA | 2025-07-03 | 0.2% |
| San GermÁn 30 Year USDA Refi | 2025-07-03 | 0% |
| San GermÁn 30 Year VA | 2025-07-03 | 0% |
| San GermÁn 30 Year VA Refi | 2025-07-03 | -0.1% |
SAN GERMÁN 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 SAN GERMÁN, 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.).
SAN GERMÁN Average Closing Costs & Other Stats
SAN GERMÁN, PR's 21 lenders originated 459
loans during 2024. The total origination value was $74,005,000, with an average loan value of
$161,231.
SAN GERMÁN's average closing costs are $6,254.
The top SAN GERMÁN lender as defined by loan originations is Banco Popular de Puerto Rico, with
83 loans originated. Their average total fees are
$6,988, which is $58
higher than the next largest lender,
FIRSTBANK PUERTO RICO.
The lowest fee SAN GERMÁN lenders (with over 10 loans originated) are
Cooperativa de Ahorro y Credito de Rincon ($4,127), FIRSTBANK PUERTO RICO ($6,931), Banco Popular de Puerto Rico ($6,988), Oriental Bank ($7,914) and .
The lowest rate SAN GERMÁN lenders (with over 10 loans originated) are
FIRSTBANK PUERTO RICO (6.31%), Cooperativa de Ahorro y Credito de Rincon (6.35%), Oriental Bank (6.52%), Banco Popular de Puerto Rico (7.01%) and .
SAN GERMÁN, 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 |
|---|---|---|---|---|
| Banco Popular de Puerto Rico | $19,635,000 | $32,985,000 | 68.0% | 44.6% |
| FIRSTBANK PUERTO RICO | $5,490,000 | $7,975,000 | 45.3% | 10.8% |
| THE MONEY HOUSE INC. | $5,805,000 | $6,070,000 | 4.6% | 8.2% |
| Oriental Bank | $5,260,000 | $5,695,000 | 8.3% | 7.7% |
| COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO | $2,675,000 | n/a | 3.6% | |
| Cooperativa de Ahorro y Credito de Rincon | $6,395,000 | $1,875,000 | -70.7% | 2.5% |
| Capital Mortgage Services Corp. | $635,000 | $1,735,000 | 173.2% | 2.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,335,000 | $1,560,000 | -33.2% | 2.1% |
| FIRST EQUITY MORTGAGE BANKERS, INC. | $1,110,000 | $1,405,000 | 26.6% | 1.9% |
| PENTAGON FEDERAL CREDIT UNION | $2,580,000 | $1,250,000 | -51.6% | 1.7% |
| COOPERATIVA DE AHORRO Y CREDITO DE ISABELA | $1,115,000 | n/a | 1.5% | |
| Senior Mortgage Bankers Inc | $195,000 | $985,000 | 405.1% | 1.3% |
| E.M.I. EQUITY MORTGAGE, INC. | $740,000 | $965,000 | 30.4% | 1.3% |
| PREFERRED MORTGAGE CORPORATION | $715,000 | $900,000 | 25.9% | 1.2% |
| COOPERATIVA DE AHORRO Y CREDITO DE CAMUY | $890,000 | n/a | 1.2% | |
| VIG MORTGAGE CORPORATION | $100,000 | $865,000 | 765.0% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $995,000 | $575,000 | -42.2% | 0.8% |
| METRO ISLAND MORTGAGE, INC. | $1,485,000 | $550,000 | -63.0% | 0.7% |
| HOME MORTGAGE BANKERS CORP. | $55,000 | $435,000 | 690.9% | 0.6% |
| TRUST MORTGAGE, CORP | $470,000 | $435,000 | -7.4% | 0.6% |
| HR MORTGAGE CORP. | $425,000 | n/a | 0.6% | |
| SAN RAFAEL COOP | $680,000 | $420,000 | -38.2% | 0.6% |
| COOPERATIVA DE AHORRO Y CREDITO CAGUAS | $380,000 | n/a | 0.5% | |
| MULTIPLES MORTGAGE CORPORATION | $290,000 | $380,000 | 31.0% | 0.5% |
| Baxter Credit Union | $610,000 | $330,000 | -45.9% | 0.4% |
| Rf Mortgage & Investment Corp | $445,000 | $310,000 | -30.3% | 0.4% |
| Cooperativa A/C de Arecibo | $195,000 | n/a | 0.3% | |
| Cooperativa A/C Oriental | $165,000 | $165,000 | 0.0% | 0.2% |
| Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, P.R. | $125,000 | $125,000 | 0.0% | 0.2% |
| COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA | $75,000 | $125,000 | 66.7% | 0.2% |
| CARIBE FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% |
SAN GERMÁN's top lender by overall market share is Banco Popular de Puerto Rico, with 44.6% market share. In second place, with 10.8%, is FIRSTBANK PUERTO RICO, having originated $7,975,000 in loans. In third place, with 8.2%, is THE MONEY HOUSE INC., having originated $6,070,000 in loans. In fourth place, with 7.7%, is Oriental Bank, having originated $5,695,000 in loans. In fifth place, with 3.6%, is COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO, having originated $2,675,000 in loans.
SAN GERMÁN, PR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 402 | $66,080,000 | $164,378 |
| Cash Out Refi | 39 | $5,805,000 | $148,846 |
| Other | 8 | $840,000 | $105,000 |
| Refi | 6 | $720,000 | $120,000 |
| Home Improvement | 4 | $560,000 | $140,000 |
San GermÁn's most frequently cited loan purpose was Home Purchase, with 402 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 195 | $31,145,000 | $159,718 |
| 5-6% | 99 | $17,125,000 | $172,980 |
| 7-8% | 71 | $9,525,000 | $134,155 |
| 4-5% | 60 | $12,220,000 | $203,667 |
| Over 8% | 29 | $3,375,000 | $116,379 |
| 3-4% | 3 | $455,000 | $151,667 |
During 2024, San GermÁn's most frequently originated rate bucket was 6-7%, with 195 originations.
Loan Sizing (SAN GERMÁN, PR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 222 | $32,500,000 | $146,396 |
| $100,000 or less | 123 | $8,635,000 | $70,203 |
| $200k-400k | 100 | $25,490,000 | $254,900 |
| $400k-600k | 10 | $4,640,000 | $464,000 |
| $600k-1000k | 4 | $2,740,000 | $685,000 |
SAN GERMÁN's loan sizing saw the bucket of loans from $100k-200k with 222 originations, totaling $32,500,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 217 | $43,165,000 | $198,917 |
| 60-80% | 175 | $23,415,000 | $133,800 |
| 40-60% | 45 | $4,525,000 | $100,556 |
| 20-40% | 15 | $1,245,000 | $83,000 |
| Over 100% | 6 | $1,530,000 | $255,000 |
SAN GERMÁN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 217 originations, totaling $43,165,000 in origination value.