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Updated 10 months ago on . Most recent reply

Tracey Watler's profile image
Tracey Watler's profile image
Tracey Watler
  • Lender
  • from NYC, NJ
  • Member since Aug 8, 2022

User Stats

13
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3
Votes
Tracey Watler's profile image
Tracey Watler's profile image
Tracey Watler
  • Lender
  • from NYC, NJ
  • Member since Aug 8, 2022
Tracey Watler
  • Lender
  • NYC, NJ
3
Votes |
13
Posts
Mortgage Brokers & Lenders

Looking a lender…

Tracey Watler
  • Lender
  • NYC, NJ
Posted

Hello BP, 

I was looking for a lender in Puerto Rico, I’ve learned that even though Puerto Rico has almost all of the products and methods of the US not all US banks lend in PR. Any suggestions on a financial institution for a loan?

San Juan, Puerto Rico
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Kathryn Morea's profile image
Kathryn Morea's profile image
Kathryn Morea
  • Developer
  • Member since Nov 23, 2010

User Stats

187
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103
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Kathryn Morea's profile image
Kathryn Morea's profile image
Kathryn Morea
  • Developer
  • Member since Nov 23, 2010
Kathryn Morea
  • Developer
103
Votes |
187
Posts
Kathryn Morea
  • Developer
Replied

It's pretty difficult to get an investment mortgage at the moment. DSCR was available for a hot minute in 2022. If you are looking for a mortgage for a home or small multifamily and you have a W-2, you will find options. The 3 main banks here are BPPR, Oriental & First Bank. There are also some brokers and credit unions.

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