Safe Rate Rankings
Rankings are a starting point, not a verdict. Safe Rate recommends speaking with 2-3 lenders to find the right fit for your home loan!
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| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Rate Spread | # of Loans | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | THE MONEY HOUSE INC. Independent Mortgage CompanyDirect | Exceptional | Exceptional | Exceptional | Exceptional | Exceptional | $3,522Fees | 0.707%Below | 800 | |
2 | Banco Popular de Puerto Rico BankDirect | Exceptional | Exceptional | Exceptional | Strong | Exceptional | $2,274Fees | 0.168%Above | 1,530 | |
3 | FIRSTBANK PUERTO RICO BankDirect | Exceptional | Strong | Exceptional | Strong | Exceptional | $3,483Fees | 0.293%Below | 1,259 | |
4 | METRO ISLAND MORTGAGE, INC. Independent Mortgage CompanyDirect | Strong | — | Strong | Exceptional | Exceptional | $2,296Fees | 1.059%Above | 424 | |
5 | Oriental Bank BankDirect | Strong | Strong | Exceptional | Strong | Exceptional | $3,038Fees | 0.097%Below | 559 | |
6 | TRUST MORTGAGE, CORP Independent Mortgage CompanyDirect | Strong | Strong | Strong | Exceptional | Exceptional | $2,373Fees | 0.349%Above | 317 | |
7 | HOME MORTGAGE BANKERS CORP. Independent Mortgage CompanyDirect | Strong | — | Strong | Strong | Exceptional | — | — | 376 | |
8 | E.M.I. EQUITY MORTGAGE, INC. Independent Mortgage CompanyDirect | Strong | Strong | Strong | Strong | Strong | $138Credit | 0.374%Above | 128 | |
9 | PREFERRED MORTGAGE CORPORATION Independent Mortgage CompanyDirect | Strong | Acceptable | Strong | Exceptional | Exceptional | $2,880Fees | 0.602%Above | 383 | |
10 | RM ACTUAL MORTGAGE, INC. Independent Mortgage CompanyDirect | Strong | — | Strong | Strong | Strong | $2,806Fees | 0.671%Above | 180 | |
11 | HR MORTGAGE CORP. Independent Mortgage CompanyDirect | Strong | — | Strong | Strong | Exceptional | $2,098Fees | 0.883%Above | 405 | |
12 | COOPERATIVA DE AHORRO Y CREDITO LA PUERTORRIQUEÑA Credit UnionDirect | Strong | — | Strong | Exceptional | Strong | — | — | 110 | |
13 | Senior Mortgage Bankers Inc. Independent Mortgage CompanyDirect | Strong | — | Strong | Strong | Strong | $2,529Fees | 1.016%Above | 100 | |
14 | LATIN AMERICAN FINANCIAL CORPORATION Independent Mortgage CompanyDirect | Strong | — | Strong | Strong | Strong | — | — | 59 | |
15 | VIG MORTGAGE CORPORATION Independent Mortgage CompanyDirect | Strong | Acceptable | Strong | Exceptional | Strong | $3,234Fees | 0.955%Above | 176 | |
16 | SUN WEST MORTGAGE COMPANY, INC. Independent Mortgage CompanyDirect & Wholesale | Strong | Acceptable* | Exceptional | Strong | Strong | $3,600Fees | 0.652%Above | 160 | |
17 | R. F. Mortgage & Investment Corporation Independent Mortgage CompanyDirect | Strong | Mediocre | Strong | Exceptional | Exceptional | $3,575Fees | 0.895%Above | 234 | |
18 | MULTIPLES MORTGAGE CORPORATION Independent Mortgage CompanyDirect | Strong | — | Sound | Strong | Strong | — | — | 43 | |
19 | CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect | Strong | Mediocre | Exceptional | Strong | Sound | $5,183Fees | 0.843%Above | 50 | |
20 | FIRST EQUITY MORTGAGE BANKERS, INC. Independent Mortgage CompanyDirect | Sound | Mediocre | Strong | Strong | Exceptional | $3,696Fees | 0.946%Above | 300 | |
21 | EVERETT FINANCIAL, INC. Independent Mortgage CompanyDirect | Sound | Mediocre | Exceptional | Exceptional | Sound | $3,338Fees | 1.060%Above | 31 | |
22 | Equity Prime Mortgage LLC Independent Mortgage CompanyDirect | Sound | Acceptable | Exceptional | Strong | Sound | $5,076Fees | 0.566%Above | 21 | |
23 | CALCON MUTUAL MORTGAGE LLC Independent Mortgage CompanyDirect | Sound | Mediocre | Exceptional | Strong | Sound | $3,900Fees | 1.080%Above | 36 | |
24 | COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA Independent Mortgage CompanyDirect | Sound | — | — | Acceptable | Strong | — | — | 65 | |
25 | THE LENDING CENTER CORPORATION Independent Mortgage CompanyDirect | Sound | — | — | Sound | Strong | — | — | 42 | |
26 | COOPERATIVA DE AHORRO Y CREDITO ORIENTAL Independent Mortgage CompanyDirect | Sound | — | Sound | Acceptable | Strong | $2,118Fees | 0.190%Below | 60 | |
27 | Capital Mortgage Services Corp. Independent Mortgage CompanyDirect | Sound | Mediocre | Sound | Sound | Strong | $4,956Fees | 1.467%Above | 115 |
Safe Rate ranks lenders using the 4 Ps framework, derived entirely from HMDA (Home Mortgage Disclosure Act) data: Pricing (how competitively a lender prices loans vs. the market benchmark), Pullthrough (how effectively a lender closes applications), Place (the lender's depth of expertise in San Juan), and Product (performance on specific loan types). Each lender receives a composite Safe Rate Score from 0–100. No lender pays to appear in the rankings.
The Safe Rate Score is a 0–100 composite index measuring a lender's performance across Pricing, Pullthrough, Place, and Product. Scores of 80 or above earn Champion status; scores of 60–79 earn Superstar status. All scores are calculated from verified HMDA data — no lender can pay to improve their position.
Based on 2024 HMDA data, 42 lenders originated a combined 8,498 loans in San Juan. Safe Rate's rankings evaluate all of them — not just a curated shortlist.
Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in San Juan is 0.48%. Lenders in Safe Rate's top rankings consistently price below this median, meaning borrowers typically pay less interest over the life of their loan.
HMDA (Home Mortgage Disclosure Act) is a federal law requiring every mortgage lender to disclose every loan application annually — including rates, amounts, approvals, and denials. Safe Rate uses HMDA because it is government-verified, covers all lenders equally, and cannot be gamed. It is the most objective foundation available for lender rankings.
No. Safe Rate rankings are strictly data-driven. No lender can pay to appear in or improve their position in Safe Rate's rankings. The only factor that determines a lender's rank is their verified HMDA performance data.
Banks and credit unions offer mortgages alongside checking, savings, and other products. Independent Mortgage Companies (IMCs) focus exclusively on originating loans and often offer more product variety and speed. In San Juan's rankings, all three institution types are evaluated on the same HMDA performance metrics.
Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
⚖️ Licensing & Disclosures
Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.