Banco Popular De Puerto Rico mortgage approval rate & lending review
Banco Popular De Puerto Rico decided 3,233 mortgage applications and funded 2,289 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Banco Popular De Puerto Rico reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Banco Popular De Puerto Rico at a glance
Approval is 10.8 points below the 84.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 74% | 1,834 / 2,465 | 96% | $175K | 1,768 |
| Home improvement loans | 71% | 52 / 73 | 100% | $105K | 52 |
| Cash-out refinance | 68% | 184 / 271 | 94% | $125K | 173 |
| Refinance | 74% | 45 / 61 | 93% | $155K | 42 |
| Investment property purchase | 77% | 233 / 302 | 94% | $245K | 219 |
| Investment cash-out refinance | 65% | 22 / 34 | 77% | $265K | 17 |
Banco Popular De Puerto Rico lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Puerto Rico | 74% | $175K | 3,233 | 2,289 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Banco Popular De Puerto Rico lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| San Juan Municipio, PR | Mortgage lenders | 74% | 1,016 | 723 |
| Bayamón Municipio, PR | Mortgage lenders | 75% | 536 | 389 |
| Carolina Municipio, PR | Mortgage lenders | 69% | 393 | 259 |
| Caguas Municipio, PR | Mortgage lenders | 78% | 265 | 202 |
| Ponce Municipio, PR | Mortgage lenders | 81% | 255 | 195 |
| Bayamón Municipio, PR | Cash-out refinance | 63% | 95 | 55 |
| Carolina Municipio, PR | Investment property purchase | 78% | 67 | 50 |
| San Juan Municipio, PR | Cash-out refinance | 69% | 68 | 46 |
| Carolina Municipio, PR | Cash-out refinance | 71% | 42 | 28 |
The county markets where Banco Popular De Puerto Rico made the most loans. Each link opens that market with every lender ranked.
Questions about Banco Popular De Puerto Rico
What is Banco Popular De Puerto Rico's mortgage approval rate?
Banco Popular De Puerto Rico approved 74.0% of the 3,233 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.8 points below the 84.8% national rate for the same mix of loan types.
How often do borrowers take the loan Banco Popular De Puerto Rico offers?
Borrowers accepted 96% of the loans Banco Popular De Puerto Rico approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Banco Popular De Puerto Rico make?
The typical home purchase mortgage loan Banco Popular De Puerto Rico made was $175K; across all loan types its typical loan ran from $105K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Banco Popular De Puerto Rico lend?
Banco Popular De Puerto Rico decided applications in 1 of the states Fat Boy Data covers, most of them in Puerto Rico.
Can I apply to Banco Popular De Puerto Rico directly?
Yes. Banco Popular De Puerto Rico is a bank or credit union with 165 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Banco Popular De Puerto Rico's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Banco Popular De Puerto Rico treats applications, then get a rate quote from the lender.