Already originated with us? Check your application status and update your documents.
Once your application has been initiated, submit the required documents. You will receive an email asking you to consent to receiving communications electronically.
We will request services and information from third parties, such as appraisers, surveyors, and title studies, to evaluate your loan application.
A loan analyst will evaluate your application and collaborate to work on your case. During the process, we may request updated documents or additional information. Through the Consumer Connect Log In platform, you can register and update the requested documents.
A credit officer will evaluate your financial capacity and compliance with the product guidelines. Each type of loan and application is different. The analysis timeline may vary depending on requirements, documentation, and availability.
You will receive the Closing Disclosure three days before closing. A closing analyst will review the breakdown of transaction costs, as well as your rights and responsibilities, with you.
During the process, we may request documents about your property, assets, income, and credit. To help expedite your application, submit them within the established timeframe through the digital platform.
Cash is not allowed in mortgage transactions. Funds for the down payment and closing costs must come from a legitimate, identifiable, and documented source.
Not necessarily. When your application is approved, the interest rate will be determined according to the terms and conditions of the transaction and the market.
Once the loan application is approved, your closing officer will contact you to coordinate the date based on the availability of all parties involved.
All parties must be present at closing, unless there is a Power of Attorney. Some documents may be signed digitally before closing.
For more information, visit our Help Center.
Product offered by Banco Popular de Puerto Rico. Member FDIC. All offers are subject to credit approval. Certain restrictions apply. OCIF Lic. B-1.
Popular Mortgage is a division of Banco Popular de PR.
