-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 TEuY/yCqfz+Hk3GCJD/hqTi+7kv1lbykBpNtnD2BVDV0TpcBGi+y12BOscMD2qjq
 f2HUv+Fymqgx+VBT/+hgjg==

<SEC-DOCUMENT>0001209191-05-004629.txt : 20050125
<SEC-HEADER>0001209191-05-004629.hdr.sgml : 20050125
<ACCEPTANCE-DATETIME>20050125154032
ACCESSION NUMBER:		0001209191-05-004629
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050124
FILED AS OF DATE:		20050125
DATE AS OF CHANGE:		20050125

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEVIS MARIO S
		CENTRAL INDEX KEY:			0001215621

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31579
		FILM NUMBER:		05547143

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		7874746709

	MAIL ADDRESS:	
		STREET 1:		1451 F.D. ROOSEVELT AVE
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00920

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DORAL FINANCIAL CORP
		CENTRAL INDEX KEY:			0000840889
		STANDARD INDUSTRIAL CLASSIFICATION:	MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
		IRS NUMBER:				660312162
		STATE OF INCORPORATION:			PR
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1451 FRANKLIN D ROOSEVELT AVENUE
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00920-2717
		BUSINESS PHONE:		787-474-6700

	MAIL ADDRESS:	
		STREET 1:		1451 FRANKLIN D ROOSEVELT AVE
		STREET 2:		AVENUE F D ROOSEVELT 1159
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00920-2717

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST FINANCIAL CARIBBEAN CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>doc4a.xml
<DESCRIPTION>FORM 4/A SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2005-01-24</periodOfReport>

    <dateOfOriginalSubmission>2005-01-24</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000840889</issuerCik>
        <issuerName>DORAL FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>DRL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001215621</rptOwnerCik>
            <rptOwnerName>LEVIS MARIO S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1451 F.D. ROOSEVELT AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN JUAN</rptOwnerCity>
            <rptOwnerState>PR</rptOwnerState>
            <rptOwnerZipCode>00920</rptOwnerZipCode>
            <rptOwnerStateDescription>PUERTO RICO</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SEVP &amp; Treasurer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2005-01-24</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>43.18</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1824202</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3975</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Spouse</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 4/A is being filed to clarify that the securities were purchased in the open market.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Mario S. Levis
By Ignacio Alvarez attorney-in-fact</signatureName>
        <signatureDate>2005-01-25</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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