In Puerto Rico, there are several types of mortgage loans available. Some of the most common are:

1. Conventional loans: These loans are offered by private lenders and are governed by guidelines established by Fannie Mae and Freddie Mac. They generally require a down payment of 20% of the value of the property, although there are options with a lower percentage of down payment .

2. FHA Loans: These loans are backed by the Federal Housing Administration (FHA) and are typically more affordable for first-time home buyers. They require a lower down payment than conventional loans and allow for more flexible credit scoring.

3. VA Loans: These loans are available to active duty service members, veterans, and surviving military spouses. They are backed by the United States Department of Veterans Affairs (VA) and offer favorable terms, such as competitive interest rates and the ability to finance 100% of the property value with no down payment.

4. USDA Loans: These loans are backed by the United States Department of Agriculture (USDA) and are designed for rural areas. They are a popular option for those looking to purchase a home in rural areas and offer favorable interest rates and financing of up to 100% of the property value with no down payment.

These are just a few examples of the mortgage loans available in Puerto Rico. Each type of loan has its own specific features and requirements, so it is important to research and compare options to find the one that best fits your needs and financial circumstances.