Preferred Mortgage LLC mortgage approval rate & lending review
Preferred Mortgage LLC decided 625 mortgage applications and funded 482 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Preferred Mortgage LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Preferred Mortgage LLC at a glance
Approval is 6.9 points below the 86.9% 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 | 81% | 472 / 581 | 96% | $125K | 455 |
Preferred Mortgage LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Puerto Rico | 80% | $125K | 625 | 482 |
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 Preferred Mortgage LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Bayamón Municipio, PR | Mortgage lenders | 91% | 184 | 160 |
| San Juan Municipio, PR | Mortgage lenders | 75% | 155 | 113 |
| Caguas Municipio, PR | Mortgage lenders | 79% | 133 | 101 |
| Carolina Municipio, PR | Mortgage lenders | 78% | 93 | 72 |
The county markets where Preferred Mortgage LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Preferred Mortgage LLC
What is Preferred Mortgage LLC's mortgage approval rate?
Preferred Mortgage LLC approved 80.0% of the 625 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.9 points below the 86.9% national rate for the same mix of loan types.
How often do borrowers take the loan Preferred Mortgage LLC offers?
Borrowers accepted 96% of the loans Preferred Mortgage LLC 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 Preferred Mortgage LLC make?
The typical home purchase mortgage loan Preferred Mortgage LLC made was $125K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Preferred Mortgage LLC lend?
Preferred Mortgage LLC decided applications in 1 of the states Fat Boy Data covers, most of them in Puerto Rico.
Can I apply to Preferred Mortgage LLC directly?
Yes. Preferred Mortgage LLC reports as a direct lender that takes applications from borrowers.
Does this page show Preferred Mortgage LLC'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 Preferred Mortgage LLC treats applications, then get a rate quote from the lender.