SAN JUAN - BAYAMÓN - CAGUAS Mortgage Rates

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

30 Year Fixed Rate mortgages in San Juan - BayamÓn - Caguas averaged 6.71% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.78% and one month ago for the week of 2022-05-19, the average rate was 6.25%.

San Juan - BayamÓn - Caguas's average rate one year ago was 3.71%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.73%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
San Juan - BayamÓn - Caguas 30 Year Fixed Rate 2022-06-23 6.71%
San Juan - BayamÓn - Caguas 30 Year Fixed Rate Refi 2022-06-23 5.73%
San Juan - BayamÓn - Caguas 15 Year Fixed Rate 2022-06-23 5.43%
San Juan - BayamÓn - Caguas 15 Year Fixed Rate Refi 2022-06-23 4.47%
San Juan - BayamÓn - Caguas 30 Year FHA 2022-06-23 0.15%
San Juan - BayamÓn - Caguas 30 Year FHA Refi 2022-06-23 -0.12%
San Juan - BayamÓn - Caguas 30 Year USDA 2022-06-23 0.11%
San Juan - BayamÓn - Caguas 30 Year USDA Refi 2022-06-23 -0.08%
San Juan - BayamÓn - Caguas 30 Year VA 2022-06-23 0.12%
San Juan - BayamÓn - Caguas 30 Year VA Refi 2022-06-23 -0.24%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SAN JUAN-BAYAMÓN-CAGUAS, PR.

SAN JUAN - BAYAMÓN - CAGUAS 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 SAN JUAN-BAYAMÓN-CAGUAS, 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 1,274 3.61% $6,368
FIRSTBANK PUERTO RICO 732 3.38% $5,897
Oriental Bank 484 3.23% $5,723
FIRST EQUITY MORTGAGE BANKERS, INC. 326 3.97% $7,858
PENTAGON FEDERAL CREDIT UNION 175 2.76% $6,018
Rf Mortgage & Investment Corp 160 4.16% $8,124
Capital Mortgage Services Corp. 156 5.27% $10,090
SUN WEST MORTGAGE COMPANY, INC. 104 3.37% $7,542
TRUST MORTGAGE, CORP 79 3.71% $7,277
PREFERRED MORTGAGE CORPORATION 57 3.93% $9,665
LENDUS, LLC 54 3.26% $10,006
HR MORTGAGE CORP. 53 3.86% $6,649
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA 49 4.74% $5,547
METRO ISLAND MORTGAGE, INC. 47 3.91% $8,430
Cooperativa de Ahorro y Credito Jesus Obrero 43 4.76% $3,694
THE MONEY HOUSE INC. 40 3.85% $7,562
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA 40 5.33% $44,146
CALCON MUTUAL MORTGAGE LLC 39 3.33% $8,093
COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS 35 4.55% $3,856
COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS 34 3.35% $5,133
The Lending Center Corporation 30 3.71% $6,715
CARIBE FEDERAL CREDIT UNION 28 3.93% $5,749
RM ACTUAL MORTGAGE, INC. 27 4.31% $6,850
COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC. 23 4.78% $8,077
HOME MORTGAGE BANKERS CORP. 23 3.76% $7,674
VIG MORTGAGE CORPORATION 22 3.87% $8,618
Senior Mortgage Bankers Inc 19 4.52% $9,079
MULTIPLES MORTGAGE CORPORATION 18 5.04% $10,580
COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA 17 4.90% $6,067
Cooperativa De Credito Y Ahorro San Jose 14 4.95% $4,612
Cooperativa Ahorro y Credito Aguadilla 14 5.54% $10,937
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 9 4.56% $9,305
Equity Prime Mortgage LLC 9 3.40% $13,704
Cooperativa De Ahorro Y Credito La Aiboniteña 8 5.88% $6,503
Cooperativa de A/C de Maunabo 6 4.79% $6,901
Baxter Credit Union 5 2.85% $5,057
Cooperativa de Ahorro y Credito de Rincon 4 5.94% $8,193
COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO 4 3.94% $49,667
COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA 3 5.75% $12,361
SAN RAFAEL COOP 3 4.83% $4,455
COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) 3 5.75% $130,725
COOPERATIVA DE AHORRO Y CREDITO DE LARES 2 5.88% $2,537
Cooperativa de Ahorro y Credito Aguas Buenas 2 5.85% $3,957
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.88% $6,907
United Fidelity Bank, fsb 1 2.38% $12,013
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA 1 3.99% $6,500

SAN JUAN-BAYAMÓN-CAGUAS, PR's 46 lenders originated 15,910 loans during 2021. The total origination value was $2,805,100,000, with an average loan value of $176,310.

The top SAN JUAN - BAYAMÓN - CAGUAS lender as defined by loan originations is Banco Popular de Puerto Rico, with 1,274 loans originated. Their average total fees are $6,368, which is $472 higher than the next largest lender, FIRSTBANK PUERTO RICO.

The lowest fee SAN JUAN - BAYAMÓN - CAGUAS lenders (with over 10 loans originated) are Cooperativa de Ahorro y Credito Jesus Obrero ($3,694), COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS ($3,856), Cooperativa De Credito Y Ahorro San Jose ($4,612), COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS ($5,133) and COOPERATIVA DE CREDITO LA SAGRADA FAMILIA ($5,547).

The lowest rate SAN JUAN - BAYAMÓN - CAGUAS lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (2.76%), Oriental Bank (3.23%), LENDUS, LLC (3.26%), CALCON MUTUAL MORTGAGE LLC (3.33%) and COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS (3.35%).

SAN JUAN-BAYAMÓN-CAGUAS, 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 $535,415,000 $723,910,000 35.2% 25.8%
FIRSTBANK PUERTO RICO $321,325,000 $409,210,000 27.4% 14.6%
Oriental Bank $190,960,000 $273,650,000 43.3% 9.8%
FIRST EQUITY MORTGAGE BANKERS, INC. $110,750,000 $176,410,000 59.3% 6.3%
THE MONEY HOUSE INC. $40,850,000 $147,150,000 260.2% 5.2%
SUN WEST MORTGAGE COMPANY, INC. $73,000,000 $118,400,000 62.2% 4.2%
PREFERRED MORTGAGE CORPORATION $77,495,000 $109,055,000 40.7% 3.9%
METRO ISLAND MORTGAGE, INC. $73,690,000 $104,075,000 41.2% 3.7%
PENTAGON FEDERAL CREDIT UNION $27,405,000 $78,335,000 185.8% 2.8%
Capital Mortgage Services Corp. $45,095,000 $77,600,000 72.1% 2.8%
HR MORTGAGE CORP. $47,505,000 $73,100,000 53.9% 2.6%
TRUST MORTGAGE, CORP $55,530,000 $71,905,000 29.5% 2.6%
Rf Mortgage & Investment Corp $58,305,000 $68,150,000 16.9% 2.4%
E.M.I. EQUITY MORTGAGE, INC. $47,775,000 $49,115,000 2.8% 1.8%
HOME MORTGAGE BANKERS CORP. $61,630,000 $38,655,000 -37.3% 1.4%
LENDUS, LLC $29,615,000 n/a 1.1%
RM ACTUAL MORTGAGE, INC. $19,200,000 $28,310,000 47.4% 1.0%
VIG MORTGAGE CORPORATION $30,690,000 $26,065,000 -15.1% 0.9%
CALCON MUTUAL MORTGAGE LLC $14,485,000 $23,940,000 65.3% 0.9%
COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA $18,365,000 $23,930,000 30.3% 0.9%
Senior Mortgage Bankers Inc $21,460,000 $22,650,000 5.5% 0.8%
MULTIPLES MORTGAGE CORPORATION $8,570,000 $14,555,000 69.8% 0.5%
LATIN AMERICAN FINANCIAL CORPORATION $9,115,000 $14,205,000 55.8% 0.5%
Cooperativa A/C de Arecibo $6,130,000 $13,640,000 122.5% 0.5%
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA $10,490,000 $11,315,000 7.9% 0.4%
The Lending Center Corporation $2,785,000 $10,395,000 273.2% 0.4%
CARIBE FEDERAL CREDIT UNION $6,205,000 $8,845,000 42.5% 0.3%
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA $2,605,000 $7,185,000 175.8% 0.3%
COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS $2,440,000 $5,960,000 144.3% 0.2%
Equity Prime Mortgage LLC $5,945,000 n/a 0.2%
COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC. $3,925,000 $4,385,000 11.7% 0.2%
Cooperativa de Ahorro y Credito Jesus Obrero $1,925,000 $4,235,000 120.0% 0.2%
COOPERATIVA DE AHORRO Y CREDITO DE CAMUY $2,465,000 $3,635,000 47.5% 0.1%
Cooperativa Ahorro y Credito Aguadilla $990,000 $3,540,000 257.6% 0.1%
Cooperativa De Credito Y Ahorro San Jose $3,215,000 $3,480,000 8.2% 0.1%
COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS $295,000 $3,205,000 986.4% 0.1%
Baxter Credit Union $275,000 $2,145,000 680.0% 0.1%
COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA $730,000 $2,130,000 191.8% 0.1%
COOPERATIVA DE AHORRO Y CREDITO CAGUAS $305,000 $1,950,000 539.3% 0.1%
COOPERATIVA DE AHORRO Y CREDITO DEL VALENCIANO $380,000 $1,585,000 317.1% 0.1%
Cooperativa De Ahorro Y Credito La Aiboniteña $1,670,000 $1,490,000 -10.8% 0.1%
COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO $85,000 $1,355,000 1,494.1% 0.0%
Cooperativa de A/C de Maunabo $105,000 $1,255,000 1,095.2% 0.0%
Cooperativa de Ahorro y Credito de Rincon $885,000 $1,245,000 40.7% 0.0%
Cooperativa de Ahorro y Credito Aguas Buenas $680,000 $920,000 35.3% 0.0%
COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) $695,000 n/a 0.0%
VILLAGE CAPITAL & INVESTMENT LLC $115,000 $585,000 408.7% 0.0%
United Fidelity Bank, fsb $415,000 n/a 0.0%
SAN RAFAEL COOP $125,000 $350,000 180.0% 0.0%
COOPERATIVA DE AHORRO Y CREDITO DE ISABELA $370,000 $310,000 -16.2% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $305,000 n/a 0.0%
PLANET HOME LENDING, LLC $225,000 n/a 0.0%
COOPERATIVA DE AHORRO Y CREDITO DE LARES $195,000 n/a 0.0%
COOPERATIVA DE AHORRO Y CREDITO DE AGUADA $145,000 $125,000 -13.8% 0.0%
Cooperativa de Ahoro y Crédito Bo. Quebrada de Camuy, P.R. $105,000 $65,000 -38.1% 0.0%

SAN JUAN - BAYAMÓN - CAGUAS's top lender by overall market share is Banco Popular de Puerto Rico, with 25.8% market share. In second place, with 14.6%, is FIRSTBANK PUERTO RICO, having originated $409,210,000 in loans. In third place, with 9.8%, is Oriental Bank, having originated $273,650,000 in loans. In third place, with 6.3%, is FIRST EQUITY MORTGAGE BANKERS, INC., having originated $176,410,000 in loans. In third place, with 5.2%, is THE MONEY HOUSE INC., having originated $147,150,000 in loans.


SAN JUAN-BAYAMÓN-CAGUAS, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 10,893 $1,854,945,000 $170,288
Refi 2,995 $510,575,000 $170,476
Cash Out Refi 1,862 $390,310,000 $209,619
Other 121 $27,005,000 $223,182
Home Improvement 39 $22,265,000 $570,897

San Juan - BayamÓn - Caguas's most frequently cited loan purpose was Home Purchase, with 10,893 originations. The 2nd most popular reason was Refi, with 2,995 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 5,531 $1,001,235,000 $181,022
2.5-3% 5,366 $861,270,000 $160,505
<2.5% 3,168 $543,710,000 $171,626
4-5% 1,249 $270,625,000 $216,673
5-6% 488 $102,570,000 $210,184
6-7% 67 $20,375,000 $304,104
7-8% 20 $1,320,000 $66,000
Over 8% 5 $1,145,000 $229,000

During 2021, San Juan - BayamÓn - Caguas's most frequently originated rate bucket was 3-4%, with 5,531 originations.

Loan Sizing (SAN JUAN-BAYAMÓN-CAGUAS, PR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 8,181 $1,122,425,000 $137,199
$100,000 or less 4,276 $336,200,000 $78,625
$200k-400k 2,676 $734,890,000 $274,623
$400k-600k 554 $270,940,000 $489,061
$Over $1MM 113 $256,655,000 $2,271,283
$600k-1000k 110 $83,990,000 $763,545

SAN JUAN - BAYAMÓN - CAGUAS's loan sizing saw the bucket of loans from $100k-200k with 8,181 originations, totaling $1,122,425,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 9,924 $1,601,270,000 $161,353
60-80% 4,286 $851,650,000 $198,705
40-60% 916 $204,840,000 $223,624
Over 100% 371 $65,305,000 $176,024
20-40% 200 $48,950,000 $244,750
Under 20% 17 $4,225,000 $248,529

SAN JUAN - BAYAMÓN - CAGUAS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 9,924 originations, totaling $1,601,270,000 in origination value.