BANCO POPULAR DE PUERTO RICO closing costs and rates (2024)
In 2024, BANCO POPULAR DE PUERTO RICO originated 1,792 purchase mortgages at a median interest rate of 5.88% and median total closing costs of $8,958. That ranks #245 nationally by origination volume. For total closing costs among lenders with 500+ originations, BANCO POPULAR DE PUERTO RICO ranks #503. That is $2,217 above the national median of $6,741. BANCO POPULAR DE PUERTO RICO is most active in Puerto Rico with 1,792 originations there.
Purchase Originations
1,792
Ranked #245 nationally
Median Total Costs
$8,958
+32.9% vs national ($6,741)
Median Rate
5.875%
−11.3% vs national (6.620%)
Median Origination
$3,839
Median Lender Credits
$94
Cost Rank (500+ vol.)
#503
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 761 | 6.875% | $6,410 | $2,845 |
| fha | 708 | 4.750% | $11,432 | $5,041 |
| usda | 164 | 5.000% | $9,447 | $4,435 |
| va | 159 | 5.000% | $9,167 | $4,991 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 1,792 | 5.875% | $8,958 | #1 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,135 | 6.750% | — | 67 | −$2,823 | |
| 2 | $6,485 | 6.000% | — | 41 | −$2,473 | |
| 3 | $7,212 | 5.375% | — | 28 | −$1,746 | |
| 4 | $7,425 | 6.250% | — | 79 | −$1,533 | |
| 5 | $7,551 | 5.812% | — | 32 | −$1,407 | |
| 6 | $7,982 | 5.500% | — | 29 | −$976 | |
| 7 | $8,111 | 6.375% | — | 257 | −$847 | |
| 8 | $8,235 | 6.250% | — | 25 | −$723 | |
| 9 | $8,462 | 6.000% | — | 70 | −$496 | |
| 10 | $8,475 | 6.250% | — | 130 | −$483 | |
| 11 | $8,734 | 6.375% | — | 40 | −$224 | |
| 12 | $10,595 | 5.000% | — | 66 | +$1,637 | |
| 13 | $11,092 | 5.250% | — | 43 | +$2,134 | |
| 14 | $11,278 | 5.000% | — | 53 | +$2,320 | |
| 15 | $11,474 | 4.750% | — | 27 | +$2,516 | |
| 16 | $11,870 | 6.188% | — | 152 | +$2,912 | |
| 17 | $12,405 | 5.000% | — | 84 | +$3,447 | |
| 18 | $12,557 | 5.250% | — | 39 | +$3,599 | |
| 19 | $12,967 | 5.000% | — | 39 | +$4,009 | |
| 20 | $16,745 | 6.125% | — | 47 | +$7,787 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.