FIRSTBANK PUERTO RICO closing costs and rates (2024)
In 2024, FIRSTBANK PUERTO RICO originated 1,523 purchase mortgages at a median interest rate of 5.88% and median total closing costs of $6,796. That ranks #273 nationally by origination volume. For total closing costs among lenders with 500+ originations, FIRSTBANK PUERTO RICO ranks #354. That is $55 above the national median of $6,741. FIRSTBANK PUERTO RICO is most active in Puerto Rico with 1,310 originations there.
Purchase Originations
1,523
Ranked #273 nationally
Median Total Costs
$6,796
+0.8% vs national ($6,741)
Median Rate
5.875%
−11.3% vs national (6.620%)
Median Origination
$2,988
Median Lender Credits
$84
Cost Rank (500+ vol.)
#354
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 914 | 6.250% | $5,371 | $2,311 |
| fha | 433 | 5.250% | $9,844 | $4,053 |
| usda | 98 | 5.250% | $8,081 | $4,051 |
| va | 78 | 5.250% | $10,566 | $5,459 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Puerto Rico | 1,310 | 5.750% | $7,374 | #2 |
| Florida | 213 | 6.500% | $4,942 | #166 |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,161 | 6.750% | — | 16 | −$2,635 | |
| 2 | $4,372 | 6.500% | — | 95 | −$2,424 | |
| 3 | $4,760 | 6.125% | — | 16 | −$2,036 | |
| 4 | $5,829 | 5.875% | — | 32 | −$967 | |
| 5 | $5,835 | 6.500% | — | 99 | −$961 | |
| 6 | $5,908 | 5.750% | — | 35 | −$888 | |
| 7 | $5,966 | 5.750% | — | 23 | −$830 | |
| 8 | $6,230 | 6.125% | — | 260 | −$566 | |
| 9 | $6,437 | 5.500% | — | 21 | −$359 | |
| 10 | $6,627 | 5.875% | — | 103 | −$169 | |
| 11 | $6,978 | 5.750% | — | 58 | +$182 | |
| 12 | $7,074 | 5.750% | — | 55 | +$278 | |
| 13 | $7,090 | 5.875% | — | 135 | +$294 | |
| 14 | $7,772 | 5.688% | — | 40 | +$976 | |
| 15 | $8,675 | 5.250% | — | 32 | +$1,879 | |
| 16 | $9,373 | 6.125% | — | 98 | +$2,577 | |
| 17 | $10,640 | 5.625% | — | 18 | +$3,844 | |
| 18 | $11,088 | 5.750% | — | 20 | +$4,292 | |
| 19 | $13,356 | 5.750% | — | 38 | +$6,560 | |
| 20 | $16,039 | 5.688% | — | 22 | +$9,243 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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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.