SAN GERMÁN Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in San GermÁn averaged 6.91% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.63% and one month ago for the week of 2025-03-06, the average rate was 6.62%.

San GermÁn's average rate one year ago was 6.91%.

For refis of the same type during the week of 2025-04-10, the average rate was 7.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
San GermÁn 30 Year Fixed Rate 2025-04-10 6.91%
San GermÁn 30 Year Fixed Rate Refi 2025-04-10 7.02%
San GermÁn 15 Year Fixed Rate 2025-04-10 6.02%
San GermÁn 15 Year Fixed Rate Refi 2025-04-10 6.52%
San GermÁn 30 Year FHA 2025-04-10 5.99%
San GermÁn 30 Year FHA Refi 2025-04-10 6.43%
San GermÁn 30 Year USDA 2025-04-10 6.65%
San GermÁn 30 Year USDA Refi 2025-04-10 6.65%
San GermÁn 30 Year VA 2025-04-10 6.19%
San GermÁn 30 Year VA Refi 2025-04-10 6.09%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SAN GERMÁN, PR.

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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Banco Popular de Puerto Rico 83 7.01% $6,988
FIRSTBANK PUERTO RICO 19 6.31% $6,931
Cooperativa de Ahorro y Credito de Rincon 12 6.35% $4,127
Oriental Bank 11 6.52% $7,914
COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO 9 7.25% $9,076
THE MONEY HOUSE INC. 6 7.02% $5,535
Capital Mortgage Services Corp. 4 7.47% $7,908
FIRST EQUITY MORTGAGE BANKERS, INC. 4 7.88% $8,990
SUN WEST MORTGAGE COMPANY, INC. 3 7.00% $6,797
SAN RAFAEL COOP 3 6.68% $4,072
Senior Mortgage Bankers Inc 3 5.25% $10,158
TRUST MORTGAGE, CORP 2 6.81% $7,711
COOPERATIVA DE AHORRO Y CREDITO CAGUAS 2 7.25% $8,037
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA 2 7.15% $3,174
HR MORTGAGE CORP. 2 7.25% $8,037
PREFERRED MORTGAGE CORPORATION 2 8.56% $5,881
Rf Mortgage & Investment Corp 1 6.75% $9,283
PENTAGON FEDERAL CREDIT UNION 1 5.88% $7,197
MULTIPLES MORTGAGE CORPORATION 1 6.75% $20,969
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 1 6.95% $6,506
Baxter Credit Union 1 6.13% $5,268

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.