# PREFERRED MORTGAGE CORPORATION

> **Canonical URL:** https://saferate.com/lenders/preferred-mortgage


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


PREFERRED MORTGAGE CORPORATION is a independent mortgage company, headquartered in San Juan, PR, with 451 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 77% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 17% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300C2LYW7GU30DV25
- **Headquarters:** San Juan, PR
- **Geographic Reach:** unknown
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 23/100
- Rating: ●●○○○ (2/5)

### Pull Through: Exceptional 🤩
- Score: 83/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.595%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,855
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 451
- **Dollar Volume:** $66 million
- **Applications Received:** 646
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $146,596
- **Average Borrower Income:** $61,596
- **Average Property Value:** $179,834

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 31/100 | 34 | +1.608% | $4,054 | Acceptable 🙂 |
| FHA | 78/100 | 304 | +0.703% | $2,981 | Strong 😀 |
| VA | 72/100 | 52 | +0.178% | $2,043 | Strong 😀 |
| USDA | 83/100 | 57 | +0.054% | $3,505 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 31 loans, Score: 31/100 (Acceptable)

**FHA:**
- Purchase: 293 loans, Score: 77/100 (Strong)

**VA:**
- Purchase: 50 loans, Score: 72/100 (Strong)

**USDA:**
- Purchase: 57 loans, Score: 83/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 70/100 | 435 | $64M | +0.602% | Strong 😀 |
| Refinance | 40/100 | 16 | $2M | +0.513% | Acceptable 🙂 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| San Juan | PR | 383 | 87/100 |
| Arecibo, PR | PR | 22 | 61/100 |
| Guayama, PR | PR | 16 | 66/100 |
| Aguadilla, PR | PR | 11 | 44/100 |

## Where This Lender Ranks

PREFERRED MORTGAGE CORPORATION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Arecibo, PR Mortgage Companies
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Arecibo, PR for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥈 **#2** in Guayama, PR for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/guayama-pr/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥈 **#2** in Aguadilla, PR for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/aguadilla-pr/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥉 **#3** in Arecibo, PR for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in San Juan Mortgage Companies
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/mortgage-companies)
- 🏆 **#4** in San Juan for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in San Juan for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#4** in San Juan for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🏆 **#4** in Arecibo, PR for USDA Loans
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders/usda-loans)
- 🏆 **#5** in Arecibo, PR
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders)
- 🏆 **#5** in Guayama, PR for FHA Loans
  - [View Full Rankings](https://saferate.com/guayama-pr/best-mortgage-lenders/fha-loans)
- 🏆 **#5** in Aguadilla, PR for FHA Loans
  - [View Full Rankings](https://saferate.com/aguadilla-pr/best-mortgage-lenders/fha-loans)
- 🏆 **#6** in Arecibo, PR for FHA Loans
  - [View Full Rankings](https://saferate.com/arecibo-pr/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in San Juan
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders)
- 🏆 **#7** in San Juan for FHA Loans
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in San Juan for USDA Loans
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/usda-loans)
- 🏆 **#8** in San Juan for VA Loans
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/va-loans)
- 🏆 **#9** in San Juan for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#13** in San Juan for Conventional Loans
  - [View Full Rankings](https://saferate.com/san-juan/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does PREFERRED MORTGAGE CORPORATION offer?

PREFERRED MORTGAGE CORPORATION offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### How competitive are PREFERRED MORTGAGE CORPORATION's mortgage rates?

PREFERRED MORTGAGE CORPORATION has a pricing score of 23/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.595% above market average.

### What type of lender is PREFERRED MORTGAGE CORPORATION?

PREFERRED MORTGAGE CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in San Juan, PR.

### What is PREFERRED MORTGAGE CORPORATION's loan approval success rate?

PREFERRED MORTGAGE CORPORATION has a pull-through score of 83/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/preferred-mortgage

### How to Cite

> "PREFERRED MORTGAGE CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/preferred-mortgage

---

**[View Interactive Profile →](https://saferate.com/lenders/preferred-mortgage)**