Investment property improvement lenders in Puerto Rico
Fat Boy Data analyzed investment home improvement loan activity in Puerto Rico to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 44 applications were decided by 5 lenders between 2023 and 2025.
Puerto Rico at a glance
How Puerto Rico compares
What the data shows
Banco Popular De Puerto Rico made the most investment home improvement loans in Puerto Rico, 14 of them.
That is 44% of every investment home improvement loan originated here, so this market is unusually concentrated in one lender.
Banco Popular De Puerto Rico approved the highest share of applications among lenders with at least 20 decisions here, 76% of 21.
Lenders approved 77.3% of investment home improvement loan applications in Puerto Rico, 26.0 percentage points above the the United States rate of 51.2%.
No lender with a meaningful sample here has a typical investment home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.
Investment property improvement lenders in Puerto Rico
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Banco Popular De Puerto Rico | 76% | 16 / 21 | 88% | $105K | 14 |
| 2 | Firstbank Puerto RicoLimited sample | 81% | 13 / 16 | 100% | $115K | 13 |
| 3 | Oriental BankLimited sample | 100% | 4 / 4 | 100% | $115K | 4 |
| 4 | Pentagon Federal Credit UnionLimited sample | 0% | 0 / 2 | — | — | 0 |
| 5 | Crosscountry Mortgage, LLCLimited sample | 100% | 1 / 1 | 100% | $125K | 1 |
Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.