Premierone Credit Union Mortgage Rates, Fees & Info
SAN JOSE, CALEI: 254900S7X9G17L8QBB81
Tax ID: 94-1696676
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Premierone Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. Premierone Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Jose, San Francisco, Stockton, Sacramento, and Santa Cruz among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Premierone Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
190Origination Dollar Volume (All Markets)
$54,950,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 134 | $41,000,000 | $305,970 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 23 | $5,295,000 | $230,217 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 11 | $3,145,000 | $285,909 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 8 | $1,730,000 | $216,250 | $0 | 0.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $465,000 | $465,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 190 | $54,950,000 | $289,211 | $0 | 0.00% |
For 2019, Premierone Credit Union's most frequently originated type of loan was Conventional, with 190 originations.
Loan Reason
For 2019, Premierone Credit Union's most frequently cited loan purpose was Cash Out Refi, with 60 originations. The 2nd most popular reason was Refi, with 57 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 190 | $54,950,000 | $289,211 | $0 | 0.00% |
For 2019, Premierone Credit Union's most frequently cited loan duration was Other, with 190 originations.
Loan Sizing
2019 saw Premierone Credit Union place emphasis on $100,000 or less loans with 65 originations, totaling $2,905,000 in origination value.
Applicant Income
Premierone Credit Union lent most frequently to those with incomes in the $150k-250k range, with 67 originations. The second most popular income band? $100k-150k, with 42 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.86%
Premierone Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination77.89%
Premierone Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 190 | $54,950,000 | $289,211 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 190 | $54,950,000 | $289,211 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Premier Lending, Inc. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |