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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.

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$7,8466.500%$2,74215−$626
2$9,6395.500%$3,10912+$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.