Puerto Rico FHA Loan Rates, Closing Costs & Stats
Puerto Rico
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Puerto Rico FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Puerto Rico
averaged
6.19%
for the week of 2024-12-06, compared to the national average (all FHA variants) of
6.363% for the same period.
Puerto Rico's average FHA mortgage closing costs are $7,940.
The average rate for the prior week (2024-11-29) was
6.03% and
one month ago for the week of 2024-11-01, the
average rate was 6.23%.
The average rate one year ago was 6.66%.
For refis of the same type during the week of 2024-12-06, the average rate
was 5.84%.
Puerto Rico FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Puerto Rico level.
The top Puerto Rico FHA lender as defined by loan originations is THE MONEY HOUSE INC., with
824 FHA loans originated. Their average total fees are
$8,344, which is $2,218
lower than the next largest lender,
FIRSTBANK PUERTO RICO.
The lowest fee Puerto Rico FHA lenders (with over 10 loans originated) are
COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA ($7,303), E.M.I. EQUITY MORTGAGE, INC. ($7,962), RM ACTUAL MORTGAGE, INC. ($8,174), Cooperativa A/C Oriental ($8,255) and THE MONEY HOUSE INC. ($8,344).
The lowest rate Puerto Rico FHA lenders (with over 10 loans originated) are
Banco Popular de Puerto Rico (5.23%), FIRSTBANK PUERTO RICO (5.40%), Oriental Bank (5.72%), TRUST MORTGAGE, CORP (6.25%) and PREFERRED MORTGAGE CORPORATION (6.43%).
Puerto Rico FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
PONCE, PR | ADJUNTAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | AGUADA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | AGUADILLA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | AGUAS BUENAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | AIBONITO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | ANASCO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ARECIBO, PR | ARECIBO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
GUAYAMA, PR | ARROYO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | BARCELONETA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | BARRANQUITAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | BAYAMON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN GERMAN, PR | CABO ROJO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAGUAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ARECIBO, PR | CAMUY | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CANOVANAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAROLINA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CATANO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAYEY | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CEIBA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CIALES | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | CIDRA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
COAMO, PR | COAMO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | COMERIO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | COROZAL | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
NON-METRO | CULEBRA | 2022 | $532,450 | $681,650 | $823,950 | $1,023,950 |
SAN JUAN-BAYAMON-CAGUAS, PR | DORADO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | FAJARDO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | FLORIDA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
YAUCO, PR | GUANICA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
GUAYAMA, PR | GUAYAMA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
YAUCO, PR | GUAYANILLA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | GUAYNABO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | GURABO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ARECIBO, PR | HATILLO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
MAYAGUEZ, PR | HORMIGUEROS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | HUMACAO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | ISABELA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
JAYUYA, PR | JAYUYA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
PONCE, PR | JUANA DIAZ | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | JUNCOS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN GERMAN, PR | LAJAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | LARES | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
MAYAGUEZ, PR | LAS MARIAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | LAS PIEDRAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | LOIZA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | LUQUILLO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | MANATI | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
NON-METRO | MARICAO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | MAUNABO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
MAYAGUEZ, PR | MAYAGUEZ | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | MOCA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | MOROVIS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | NAGUABO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | NARANJITO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | OROCOVIS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
GUAYAMA, PR | PATILLAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
YAUCO, PR | PENUELAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
PONCE, PR | PONCE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ARECIBO, PR | QUEBRADILLAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | RINCON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | RIO GRANDE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN GERMAN, PR | SABANA GRANDE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
COCO, PR | SALINAS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN GERMAN, PR | SAN GERMAN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | SAN JUAN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | SAN LORENZO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | SAN SEBASTIAN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SANTA ISABEL, PR | SANTA ISABEL | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | TOA ALTA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | TOA BAJA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | TRUJILLO ALTO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
AGUADILLA-ISABELA, PR | UTUADO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | VEGA ALTA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | VEGA BAJA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
NON-METRO | VIEQUES | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
PONCE, PR | VILLALBA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
SAN JUAN-BAYAMON-CAGUAS, PR | YABUCOA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
YAUCO, PR | YAUCO | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
PONCE, PR | ADJUNTAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | AGUADA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | AGUADILLA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | AGUAS BUENAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | AIBONITO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | ANASCO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ARECIBO, PR | ARECIBO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
GUAYAMA, PR | ARROYO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | BARCELONETA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | BARRANQUITAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | BAYAMON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN GERMAN, PR | CABO ROJO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAGUAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ARECIBO, PR | CAMUY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CANOVANAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAROLINA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CATANO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CAYEY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CEIBA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CIALES | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | CIDRA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
COAMO, PR | COAMO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | COMERIO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | COROZAL | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
NON-METRO | CULEBRA | 2023 | $532,450 | $681,650 | $823,950 | $1,023,950 |
SAN JUAN-BAYAMON-CAGUAS, PR | DORADO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | FAJARDO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | FLORIDA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
YAUCO, PR | GUANICA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
GUAYAMA, PR | GUAYAMA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
YAUCO, PR | GUAYANILLA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | GUAYNABO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | GURABO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ARECIBO, PR | HATILLO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
MAYAGUEZ, PR | HORMIGUEROS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | HUMACAO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | ISABELA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
JAYUYA, PR | JAYUYA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
PONCE, PR | JUANA DIAZ | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | JUNCOS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN GERMAN, PR | LAJAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | LARES | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
MAYAGUEZ, PR | LAS MARIAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | LAS PIEDRAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | LOIZA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | LUQUILLO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | MANATI | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
NON-METRO | MARICAO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | MAUNABO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
MAYAGUEZ, PR | MAYAGUEZ | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | MOCA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | MOROVIS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | NAGUABO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | NARANJITO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | OROCOVIS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
GUAYAMA, PR | PATILLAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
YAUCO, PR | PENUELAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
PONCE, PR | PONCE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ARECIBO, PR | QUEBRADILLAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | RINCON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | RIO GRANDE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN GERMAN, PR | SABANA GRANDE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
COCO, PR | SALINAS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN GERMAN, PR | SAN GERMAN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | SAN JUAN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | SAN LORENZO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | SAN SEBASTIAN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SANTA ISABEL, PR | SANTA ISABEL | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | TOA ALTA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | TOA BAJA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | TRUJILLO ALTO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
AGUADILLA-ISABELA, PR | UTUADO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | VEGA ALTA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | VEGA BAJA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
NON-METRO | VIEQUES | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
PONCE, PR | VILLALBA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
SAN JUAN-BAYAMON-CAGUAS, PR | YABUCOA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
YAUCO, PR | YAUCO | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |