Lowest closing cost mortgage lenders in Canóvanas Municipio County, Puerto Rico
In Canóvanas Municipio, Puerto Rico, homebuyers paid a median of $8,142 in closing costs in 2024 — below the Puerto Rico median of $8,407. The county saw 162 purchase mortgages at a median rate of 6.38%. Among lenders with 10+ originations, METRO ISLAND MORTGAGE, INC. offered the lowest median costs at $6,982, which is $431 less than the county median.
Homebuyers in Canóvanas Municipio County who chose METRO ISLAND MORTGAGE, INC. paid $1,160 less in closing costs than the county median.
County Median Costs
$8,142
−3.1% vs Puerto Rico ($8,407)
Median Rate
6.380%
−3.6% vs national (6.620%)
Median Origination
$3,533
Purchase Originations
162
vs Puerto Rico Median
3.1% below
$-265
vs National Median
20.8% above
$1,401
Lender rankings in Canóvanas Municipio County
3 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,846 | 6.500% | $2,742 | 15 | −$626 | |
| 2 | $9,639 | 5.500% | $3,109 | 12 | +$1,167 |
Includes lenders with 10+ purchase originations in Canóvanas Municipio County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Puerto Rico → Lender Directory
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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.