Daily Archives: March 4, 2010

Any Advice on Puerto Rican Mortgage Companies?

When we go down to Puerto Rico for this trip, we would also like to get a few things lined up with a Puerto Rican mortgage company. We had looked into Pentagon Federal when we had the offer in on the place in Lares, but they charge even just to fill out the application. Are there any other mortgage companies you might recommend? From reading CA2PR’s blog, it sounds like Banco Popular is not very good to work with even though it is the largest bank on the island. How is Western Bank? Any other mortgage companies that you trust?

This is one thing that makes moving so far away so difficult. We have a lot of connections here including a few friends in the mortgage industry. Their banks are national, but for some reason they don’t extend to Puerto Rico -poo. Anything we should be aware of that is different in the mortgage process? I would like to get preapproved and lined up before we leave from the trip. Another thing to do!! So much to cram into one week! We must keep telling ourselves, this is a property trip, not a vacation, but somehow it’s not sinking in! 🙂

What do you think of this post?
  • WOW (0)
  • Awesome (0)
  • Interesting (0)
  • Useful (0)
  • Bummer (0)
  • Whoa (0)