Applications / Mortgage Analytics / Lenders / Puerto Rico / Latin American Financial
San Juan, PR · Independent non-bank lender · CFPB · 36 loans in 2025
Latin American Financial's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
36
loans originated, 2025
47
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Latin American Financial is a small Puerto Rico home-purchase lender that relies almost entirely on loans insured by the Federal Housing Administration (FHA), and its lending fell by nearly half in 2025.
Some 94.4% of its loans were FHA-insured and 97.2% financed purchases. Similar lenders, meaning independent non-banks making between half and twice as many loans, made almost all their loans conventional. Its typical loan was $145,000, against $250,000 for those peers.
It made 36 loans, down 45% from 66, while similar lenders grew 8% and the whole market 10%. Its count has fallen from 144 in 2018. The data give no reason for the decline.
Its share of the San Juan market fell to 0.2% from 0.5%, ranking 36 of 63 lenders; Banco Popular de Puerto Rico and Firstbank led. Its share also slipped in Arecibo to 0.3% from 0.4%. Both falls may simply follow from its smaller loan count; it has lent in San Juan since 2009.
Its typical rate was 6.25%, down from 6.75% and lower than at nearly nine in ten similar lenders, whose typical rate was 6.56%. All its loans were in majority-minority neighborhoods, which follows from lending only in Puerto Rico.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Latin American Financial took 47 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 97.2% · Refinance 2.8%
FHA 94.4% · Conventional 2.8% · VA 2.8% · of 36 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Puerto Rico | 36 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| San Juan-Bayamón-Caguas | 31 |
| Arecibo | 2 |
| Ponce | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300GGK5S87EZ84P32 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 4184999 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7660677190 |
Established 13 July 2006. Reported under HMDA 2009-2025.
Mergers, name changes, data editions and corrections: Latin American Financial's data.
Latin American Financial's data
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Latin American Financial and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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