Home improvement loan lenders in Puerto Rico
Fat Boy Data analyzed home improvement loan activity in Puerto Rico to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 136 applications were decided by 10 lenders between 2023 and 2025.
Puerto Rico at a glance
How Puerto Rico compares
What the data shows
Banco Popular De Puerto Rico made the most home improvement loans in Puerto Rico, 52 of them.
That is 53% of every home improvement loan originated here, so this market is unusually concentrated in one lender.
Firstbank Puerto Rico approved the highest share of applications among lenders with at least 20 decisions here, 79% of 34.
Lenders approved 72.8% of home improvement loan applications in Puerto Rico, 10.1 percentage points above the the United States rate of 62.7%.
The typical home improvement loan here is $105K, 40% larger than the the United States typical of $75K.
No lender with a meaningful sample here has a typical home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.
Home improvement loan lenders in Puerto Rico
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Banco Popular De Puerto Rico | 71% | 52 / 73 | 100% | $105K | 52 |
| 2 | Firstbank Puerto Rico | 79% | 27 / 34 | 100% | $115K | 27 |
| 3 | Pentagon Federal Credit UnionLimited sample | 67% | 8 / 12 | 100% | $95K | 8 |
| 4 | The Money House, Inc.Limited sample | 80% | 4 / 5 | 100% | $135K | 4 |
| 5 | Oriental BankLimited sample | 80% | 4 / 5 | 100% | $75K | 4 |
Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.
Fat Boy found 5 more lenders.
One email unlocks every lender Fat Boy found.
You are seeing the 5 largest home improvement loan lenders in Puerto Rico. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.
- Every lender in the market
- Approval rate and borrower take-up
- Typical loan size and range
- Nearest office and distance
- Branch count and application options
- How easy each lender is to reach
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