Mortgage lender closing cost rankings in Puerto Rico (2024)
In Puerto Rico, homebuyers paid a median of $8,407 in total closing costs on purchase mortgages in 2024, which is above the national median of $6,741. The median interest rate was 6.38% across 9,710 purchase originations. The most active lender was BANCO POPULAR DE PUERTO RICO with 1,792 originations. The lowest-cost lender (with 50+ loans) was COOPERATIVA DE AHORRO Y CREDITO DE CAMUY at $4,684.
Median Total Costs
$8,407
+24.7% vs national ($6,741)
Median Rate
6.380%
−3.6% vs national (6.620%)
Median Origination
$3,781
Purchase Originations
9,710
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 2,934 | 6.625% | $6,503 |
| fha | 4,863 | 6.250% | $9,338 |
| va | 702 | 5.875% | $9,197 |
| usda | 1,211 | 6.250% | $7,842 |
Lowest closing cost lenders in Puerto Rico
Ranked by median total loan costs among lenders with 50+ purchase originations in Puerto Rico.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,684 | 6.950% | $2,200 | 55 | −$3,723 | |
| 2 | $6,739 | 6.750% | $2,002 | 186 | −$1,668 | |
| 3 | $7,323 | 6.750% | $2,964 | 69 | −$1,084 | |
| 4 | $7,374 | 5.750% | $3,535 | 1,310 | −$1,033 | |
| 5 | $7,535 | 6.750% | $3,388 | 246 | −$872 | |
| 6 | $7,914 | 6.750% | $3,429 | 630 | −$493 | |
| 7 | $7,958 | 6.500% | $3,146 | 1,088 | −$449 | |
| 8 | $8,041 | 6.750% | $4,113 | 416 | −$366 | |
| 9 | $8,270 | 6.500% | $3,666 | 420 | −$137 | |
| 10 | $8,449 | 5.500% | $3,958 | 581 | +$42 | |
| 11 | $8,574 | 7.500% | $4,310 | 93 | +$167 | |
| 12 | $8,668 | 7.125% | $5,245 | 54 | +$261 | |
| 13 | $8,958 | 5.875% | $3,839 | 1,792 | +$551 | |
| 14 | $9,018 | 6.562% | $4,381 | 242 | +$611 | |
| 15 | $9,036 | 7.000% | $5,286 | 111 | +$629 | |
| 16 | $9,185 | 6.750% | $4,326 | 209 | +$778 | |
| 17 | $9,208 | 6.250% | $3,752 | 334 | +$801 | |
| 18 | $9,361 | 6.500% | $4,301 | 373 | +$954 | |
| 19 | $9,612 | 6.750% | $5,638 | 197 | +$1,205 | |
| 20 | $10,124 | 6.750% | $5,402 | 388 | +$1,717 | |
| 21 | $10,171 | 6.750% | $4,603 | 56 | +$1,764 | |
| 22 | $10,193 | 7.000% | $4,331 | 108 | +$1,786 | |
| 23 | $10,652 | 6.000% | $4,901 | 201 | +$2,245 | |
| 24 | $12,504 | 6.750% | $5,970 | 65 | +$4,097 |
Includes lenders with 50+ purchase originations in Puerto Rico. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
San Juan Municipio
1,235 originations
Bayamón Municipio
951 originations
Carolina Municipio
668 originations
Caguas Municipio
541 originations
Guaynabo Municipio
445 originations
Ponce Municipio
342 originations
Toa Baja Municipio
289 originations
Trujillo Alto Municipio
263 originations
Gurabo Municipio
260 originations
Toa Alta Municipio
237 originations
Arecibo Municipio
216 originations
RÃo Grande Municipio
200 originations
Humacao Municipio
188 originations
Vega Baja Municipio
187 originations
Juncos Municipio
185 originations
Canóvanas Municipio
162 originations
Fajardo Municipio
153 originations
Dorado Municipio
146 originations
Mayagüez Municipio
138 originations
Cabo Rojo Municipio
138 originations
Las Piedras Municipio
132 originations
Cayey Municipio
125 originations
Aguadilla Municipio
118 originations
Barceloneta Municipio
105 originations
Manatà Municipio
102 originations
See Puerto Rico closing cost details, fee benchmarks, and county comparisons → Puerto Rico Closing Costs Guide
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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.