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RF Mortgage & Investment Corp in Puerto Rico
HMDA record for properties in Puerto Rico, calendar year 2024. National record · Puerto Rico overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
RF Mortgage & Investment Corp's 2024 HMDA record for Puerto Rico covers 321 applications, 261 of them originated, worth $49m.
Its denial rate in the state was 10.5%, below the Puerto Rico rate of 20.5% across all lenders and compared with the lender's national rate of 10.5%.
The median rate spread on its Puerto Rico originations was 0.9 percentage points (state median 0.2).
Applications in the state were down 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Puerto Rico | Puerto Rico, all lenders | RF Mortgage & Investment Corp, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.5% | 20.5% | 10.5% | 24.3% |
| Median rate spread, pp | 0.9 | 0.2 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 19.2% | 9.8% | 19.2% | 15.6% |
| Average originated loan | $187k | $188k | $187k | $329k |
| Home purchase share | 92.0% | 86.9% | 92.0% | 57.0% |
| FHA-insured share | 38.7% | 43.4% | 38.7% | 13.4% |
| VA-guaranteed share | 2.3% | 6.1% | 2.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePuerto Rico, all lenders
Loan purpose and loan type in Puerto Rico
By purpose
Home purchase 92% (240)Refinancing 0% (1)Cash-out refinancing 8% (20)
By type
Conventional 48% (125)FHA 39% (101)VA 2% (6)USDA 11% (29)
Denial reasons as coded
Share of 32 denials in Puerto Rico by first denial reason coded (outlined bar: all lenders in the state).
Counties in Puerto Rico
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| San Juan Municipio | 65 | 57 | $15m | 10.8% |
| Bayamón Municipio | 31 | 26 | $4.1m | 6.7% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did RF Mortgage & Investment Corp originate in Puerto Rico in 2024?
261 loans totalling $49m, from 321 applications reported for properties in Puerto Rico.
What is RF Mortgage & Investment Corp's denial rate in Puerto Rico?
10.5% of decided applications in Puerto Rico were denied, against 20.5% for all lenders in the state and 10.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Puerto Rico counties does RF Mortgage & Investment Corp lend in most?
By originations: San Juan Municipio (57), Bayamón Municipio (26).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Puerto Rico. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.