Santa Isabel Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Santa Isabel averaged 6.44% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.45% and one month ago for the week of 2025-02-27, the average rate was 6.66%.

Santa Isabel's average rate one year ago was 6.79%.

For refis of the same type during the week of 2025-04-03, the average rate was 7.04%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Santa Isabel 30 Year Fixed Rate 2025-04-03 6.44%
Santa Isabel 30 Year Fixed Rate Refi 2025-04-03 7.04%
Santa Isabel 15 Year Fixed Rate 2025-04-03 5.62%
Santa Isabel 15 Year Fixed Rate Refi 2025-04-03 6.52%
Santa Isabel 30 Year FHA 2025-04-03 6.16%
Santa Isabel 30 Year FHA Refi 2025-04-03 6.26%
Santa Isabel 30 Year USDA 2025-04-03 6.52%
Santa Isabel 30 Year USDA Refi 2025-04-03 6.32%
Santa Isabel 30 Year VA 2025-04-03 6.16%
Santa Isabel 30 Year VA Refi 2025-04-03 5.96%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Santa Isabel, PR.

Santa Isabel 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 Santa Isabel, 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 3 8.08% $4,576
COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) 2 7.35% $7,536
SUN WEST MORTGAGE COMPANY, INC. 2 7.81% $9,293
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA 1 5.75% $6,173
FIRSTBANK PUERTO RICO 1 6.50% $4,942

Santa Isabel Average Closing Costs & Other Stats

Santa Isabel, PR's 5 lenders originated 50 loans during 2024. The total origination value was $5,940,000, with an average loan value of $118,800.

Santa Isabel's average closing costs are $6,312.

The top Santa Isabel lender as defined by loan originations is Banco Popular de Puerto Rico, with 3 loans originated. Their average total fees are $4,576, which is $2,959 lower than the next largest lender, COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI).

The lowest fee Santa Isabel lenders (with over 10 loans originated) are .

The lowest rate Santa Isabel lenders (with over 10 loans originated) are .

Santa Isabel, 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
SUN WEST MORTGAGE COMPANY, INC. $1,095,000 $810,000 -26.0% 13.6%
Banco Popular de Puerto Rico $2,005,000 $730,000 -63.6% 12.3%
RM ACTUAL MORTGAGE, INC. $180,000 $665,000 269.4% 11.2%
THE MONEY HOUSE INC. $425,000 $665,000 56.5% 11.2%
FIRSTBANK PUERTO RICO $650,000 $645,000 -0.8% 10.9%
Oriental Bank $270,000 $615,000 127.8% 10.4%
PENTAGON FEDERAL CREDIT UNION $315,000 $420,000 33.3% 7.1%
FIRST EQUITY MORTGAGE BANKERS, INC. $430,000 $300,000 -30.2% 5.1%
Rf Mortgage & Investment Corp $215,000 n/a 3.6%
HR MORTGAGE CORP. $135,000 $160,000 18.5% 2.7%
VIG MORTGAGE CORPORATION $465,000 $140,000 -69.9% 2.4%
COOPERATIVA DE AHORRO Y CREDITO DE SANTA ISABEL (CACSI) $130,000 n/a 2.2%
COOPERATIVA DE CREDITO LA SAGRADA FAMILIA $125,000 n/a 2.1%
HOME MORTGAGE BANKERS CORP. $75,000 $95,000 26.7% 1.6%
PREFERRED MORTGAGE CORPORATION $85,000 n/a 1.4%
METRO ISLAND MORTGAGE, INC. $425,000 $75,000 -82.4% 1.3%
Cooperativa A/C de Arecibo $65,000 n/a 1.1%

Santa Isabel's top lender by overall market share is SUN WEST MORTGAGE COMPANY, INC., with 13.6% market share. In second place, with 12.3%, is Banco Popular de Puerto Rico, having originated $730,000 in loans. In third place, with 11.2%, is RM ACTUAL MORTGAGE, INC., having originated $665,000 in loans. In fourth place, with 11.2%, is THE MONEY HOUSE INC., having originated $665,000 in loans. In fifth place, with 10.9%, is FIRSTBANK PUERTO RICO, having originated $645,000 in loans.

Santa Isabel, PR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 43 $5,305,000 $123,372
Cash Out Refi 6 $550,000 $91,667
Other 1 $85,000 $85,000

Santa Isabel's most frequently cited loan purpose was Home Purchase, with 43 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% 20 $2,060,000 $103,000
5-6% 12 $1,740,000 $145,000
7-8% 9 $865,000 $96,111
4-5% 4 $770,000 $192,500
Over 8% 4 $280,000 $70,000
3-4% 1 $225,000 $225,000

During 2024, Santa Isabel's most frequently originated rate bucket was 6-7%, with 20 originations.

Loan Sizing (Santa Isabel, PR MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 25 $1,815,000 $72,600
$100k-200k 18 $2,510,000 $139,444
$200k-400k 7 $1,615,000 $230,714

Santa Isabel's loan sizing saw the bucket of loans from $100,000 or less with 25 originations, totaling $1,815,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 24 $2,140,000 $89,167
80-100% 17 $2,825,000 $166,176
40-60% 4 $270,000 $67,500
Over 100% 3 $635,000 $211,667
20-40% 2 $70,000 $35,000

Santa Isabel's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 24 originations, totaling $2,140,000 in origination value.