Paramount Residential Mortgage Group Rates, Fees & Info

Corona, CA

LEI: 254900ZFWS2106HWPH46

Tax ID: 33-0975529

2020 Data | 2019 Data | 2018 Data


Overview

Paramount Residential Mortgage Group is a large mortgage company specializing in Home Purchase and Refi loans. Paramount Residential Mortgage Group has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Miami, Riverside, Fort Lauderdale, Los Angeles, and Phoenix among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Paramount Residential Mortgage Group is typically a high fee lendor.


Originations

48,888

Origination Dollar Volume (All Markets)

$14,076,980,000

Relative Rate

Paramount Residential Mortgage Group 's average 30 year fixed rate mortgage was 3.25%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.11%.

Relative Fees

Paramount Residential Mortgage Group 's average total fees for a 30 year fixed rate mortgage are $6,973.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 31,711 $9,283,405,000 $292,750 $5,205 3.17%
FHA 12,458 $3,304,420,000 $265,245 $10,387 3.34%
VA 4,009 $1,354,405,000 $337,841 $6,976 3.00%
USDA 710 $134,750,000 $189,789 $6,029 3.42%

For the 2020 period, Paramount Residential Mortgage Group 's most frequently originated loan type was Conventional, with 31,711 originations. Their 2nd most popular type is FHA, with 12,458 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 25,528 $7,032,700,000 $275,490 $8,151 3.25%
Refi 16,785 $5,147,795,000 $306,690 $4,870 3.11%
Cash Out Refi 5,102 $1,503,470,000 $294,682 $6,146 3.27%
Other 967 $255,135,000 $263,842 $6,154 3.30%
Home Improvement 506 $137,880,000 $272,490 $6,536 3.40%

For the 2020, Paramount Residential Mortgage Group 's most frequently cited loan purpose was Home Purchase, with 25,528 originations. The 2nd most popular reason was Refi, with 16,785 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 43,967 $12,810,525,000 $291,367 $6,981 3.24%
15 Year 3,247 $832,435,000 $256,370 $4,405 2.77%
20 Year 970 $257,990,000 $265,969 $4,638 3.12%
Other 500 $148,160,000 $296,320 $4,809 3.07%
10 Year 175 $27,485,000 $157,057 $3,829 3.40%
3 Year 27 $375,000 $13,889 $0 0.00%
30+ year 2 $10,000 $5,000 $0 0.00%

For the 2020, Paramount Residential Mortgage Group 's most frequently cited loan length was 30 Year, with 43,967 originations. The 2nd most popular length was 15 Year, with 3,247 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 17,837 $5,205,255,000 $291,823
$<1k 8,613 $2,265,215,000 $263,000
$3k-4k 8,428 $2,295,660,000 $272,385
$2k-3k 7,096 $1,817,120,000 $256,077
$5k+ 6,541 $2,417,935,000 $369,658

$6,973 was Paramount Residential Mortgage Group 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 17,837 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
MIAMI-MIAMI BEACH-KENDALL, FL 4,103 $1,187,485,000 $289,419 $8,530 3.31%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 4,063 $1,083,785,000 $266,745 $6,948 3.00%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 2,799 $816,045,000 $291,549 $8,241 3.27%
LOS ANGELES-LONG BEACH-GLENDALE, CA 1,816 $734,580,000 $404,504 $6,981 3.20%
PHOENIX-MESA-CHANDLER, AZ 1,901 $525,245,000 $276,299 $5,695 3.28%
ANAHEIM-SANTA ANA-IRVINE, CA 1,141 $508,215,000 $445,412 $5,682 3.18%
Outside of Metro Areas 2,130 $493,240,000 $231,568 $5,842 3.27%
DENVER-AURORA-LAKEWOOD, CO 1,497 $459,015,000 $306,623 $6,186 2.98%
DALLAS-PLANO-IRVING, TX 1,440 $448,370,000 $311,368 $5,530 3.06%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1,592 $401,510,000 $252,205 $5,777 3.13%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 1,117 $370,145,000 $331,374 $5,748 3.11%
TACOMA-LAKEWOOD, WA 951 $320,315,000 $336,819 $6,267 3.06%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 665 $283,865,000 $426,865 $7,248 3.16%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 1,018 $280,940,000 $275,972 $8,062 3.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 1,087 $253,775,000 $233,464 $7,195 3.35%
ORLANDO-KISSIMMEE-SANFORD, FL 1,008 $238,800,000 $236,905 $7,569 3.27%
NEW BRUNSWICK-LAKEWOOD, NJ 776 $234,830,000 $302,616 $6,870 3.18%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 977 $227,015,000 $232,359 $7,309 3.34%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 688 $221,090,000 $321,352 $5,540 3.17%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 545 $194,135,000 $356,211 $7,921 3.09%
OAKLAND-BERKELEY-LIVERMORE, CA 436 $194,130,000 $445,252 $6,001 3.12%
NEWARK, NJ-PA 553 $187,045,000 $338,237 $9,971 3.34%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 365 $173,975,000 $476,644 $5,561 3.23%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 424 $144,240,000 $340,189 $6,080 3.12%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 532 $139,240,000 $261,729 $6,204 3.21%
CINCINNATI, OH-KY-IN 666 $131,270,000 $197,102 $5,740 3.24%
SEATTLE-BELLEVUE-KENT, WA 314 $124,310,000 $395,892 $6,336 3.07%
CHICAGO-NAPERVILLE-EVANSTON, IL 473 $117,795,000 $249,038 $6,720 3.24%
OXNARD-THOUSAND OAKS-VENTURA, CA 259 $106,845,000 $412,529 $5,412 3.11%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 382 $102,110,000 $267,304 $6,534 3.20%
MILWAUKEE-WAUKESHA, WI 393 $96,105,000 $244,542 $4,402 3.32%
CAPE CORAL-FORT MYERS, FL 433 $95,965,000 $221,628 $7,093 3.33%
LAS VEGAS-HENDERSON-PARADISE, NV 361 $91,295,000 $252,895 $5,626 3.06%
BALTIMORE-COLUMBIA-TOWSON, MD 300 $85,370,000 $284,567 $7,298 3.25%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 202 $81,670,000 $404,307 $10,752 3.30%
SANTA CRUZ-WATSONVILLE, CA 167 $70,425,000 $421,707 $5,315 3.27%
URBAN HONOLULU, HI 147 $69,885,000 $475,408 $7,603 3.08%
STOCKTON, CA 206 $69,740,000 $338,544 $6,270 3.23%
OLYMPIA-LACEY-TUMWATER, WA 225 $69,245,000 $307,756 $6,258 3.01%
PORT ST. LUCIE, FL 289 $68,735,000 $237,837 $8,135 3.27%
NORTH PORT-SARASOTA-BRADENTON, FL 268 $66,520,000 $248,209 $7,655 3.35%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 241 $65,635,000 $272,344 $7,229 3.32%
LAKELAND-WINTER HAVEN, FL 297 $62,885,000 $211,734 $7,342 3.32%
COLUMBUS, OH 276 $61,740,000 $223,696 $5,563 3.34%
NAPLES-MARCO ISLAND, FL 211 $59,335,000 $281,209 $7,785 3.26%
SAN ANTONIO-NEW BRAUNFELS, TX 198 $54,660,000 $276,061 $5,587 3.11%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 146 $53,340,000 $365,342 $6,124 3.09%
BOSTON, MA 134 $51,000,000 $380,597 $6,464 3.15%
CHICO, CA 178 $50,500,000 $283,708 $5,694 3.21%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 83 $48,655,000 $586,205 $9,160 3.20%
COLORADO SPRINGS, CO 159 $45,645,000 $287,075 $6,549 3.11%
JACKSONVILLE, FL 182 $44,190,000 $242,802 $7,945 3.35%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 196 $41,400,000 $211,224 $7,418 3.34%
GREELEY, CO 138 $39,870,000 $288,913 $7,375 2.95%
CAMDEN, NJ 176 $39,590,000 $224,943 $6,800 3.15%
TUCSON, AZ 166 $38,270,000 $230,542 $4,467 3.19%
SALINAS, CA 95 $37,675,000 $396,579 $6,423 3.16%
CLEVELAND-ELYRIA, OH 204 $37,160,000 $182,157 $5,891 3.25%
PRESCOTT VALLEY-PRESCOTT, AZ 127 $33,195,000 $261,378 $4,935 3.27%
SPOKANE-SPOKANE VALLEY, WA 141 $32,755,000 $232,305 $4,937 3.19%
SANTA ROSA-PETALUMA, CA 75 $32,545,000 $433,933 $6,076 3.31%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 138 $31,090,000 $225,290 $6,036 3.26%
VALLEJO, CA 84 $31,050,000 $369,643 $6,235 3.31%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 87 $29,915,000 $343,851 $7,393 3.16%
SAN LUIS OBISPO-PASO ROBLES, CA 75 $29,685,000 $395,800 $5,008 3.22%
BAKERSFIELD, CA 152 $29,130,000 $191,645 $7,161 3.11%
WARREN-TROY-FARMINGTON HILLS, MI 124 $29,060,000 $234,355 $4,510 3.11%
ST. LOUIS, MO-IL 132 $28,950,000 $219,318 $4,997 3.25%
OKLAHOMA CITY, OK 145 $28,285,000 $195,069 $5,783 3.36%
PROVIDENCE-WARWICK, RI-MA 94 $26,910,000 $286,277 $6,917 3.09%
RENO, NV 85 $26,665,000 $313,706 $7,115 3.37%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 115 $24,715,000 $214,913 $6,402 3.31%
MEMPHIS, TN-MS-AR 128 $24,150,000 $188,672 $7,138 3.54%
WORCESTER, MA-CT 92 $23,880,000 $259,565 $6,205 3.28%
FRESNO, CA 88 $21,760,000 $247,273 $6,982 3.19%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 71 $21,435,000 $301,901 $7,763 3.18%
PALM BAY-MELBOURNE-TITUSVILLE, FL 86 $20,820,000 $242,093 $6,216 3.35%
GREENVILLE-ANDERSON, SC 107 $20,355,000 $190,234 $5,365 3.30%
INDIANAPOLIS-CARMEL-ANDERSON, IN 87 $19,205,000 $220,747 $4,745 3.30%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 78 $19,200,000 $246,154 $7,460 3.28%
SALEM, OR 67 $19,175,000 $286,194 $6,747 3.14%
REDDING, CA 74 $18,960,000 $256,216 $4,213 3.29%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 83 $18,915,000 $227,892 $4,351 3.10%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 81 $18,685,000 $230,679 $5,529 3.28%
APPLETON, WI 94 $18,640,000 $198,298 $3,874 3.17%
MODESTO, CA 68 $18,290,000 $268,971 $5,693 3.25%
BOULDER, CO 49 $18,135,000 $370,102 $4,824 3.17%
RALEIGH-CARY, NC 65 $17,845,000 $274,538 $4,916 3.06%
PHILADELPHIA, PA 74 $16,320,000 $220,541 $6,419 3.23%
LAKE HAVASU CITY-KINGMAN, AZ 67 $16,165,000 $241,269 $5,840 3.20%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 53 $16,035,000 $302,547 $6,375 3.00%
COEUR D'ALENE, ID 54 $15,470,000 $286,481 $5,310 3.02%
RICHMOND, VA 58 $15,180,000 $261,724 $7,771 3.27%
YUBA CITY, CA 56 $15,110,000 $269,821 $6,354 3.18%
LINCOLN, NE 70 $14,880,000 $212,571 $3,350 3.23%
FORT COLLINS, CO 47 $14,365,000 $305,638 $5,386 3.21%
SANTA MARIA-SANTA BARBARA, CA 37 $14,285,000 $386,081 $6,995 3.17%
PROVO-OREM, UT 43 $13,905,000 $323,372 $5,297 3.07%
PITTSBURGH, PA 68 $13,880,000 $204,118 $6,620 3.21%
MADISON, WI 51 $13,785,000 $270,294 $4,493 3.23%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 69 $13,745,000 $199,203 $5,441 3.32%
PUNTA GORDA, FL 68 $13,530,000 $198,971 $6,161 3.37%
GARY, IN 80 $13,490,000 $168,625 $5,042 3.46%
BIRMINGHAM-HOOVER, AL 62 $13,260,000 $213,871 $5,791 3.21%
LAREDO, TX 55 $12,605,000 $229,182 $6,340 3.06%
ELGIN, IL 51 $12,035,000 $235,980 $7,059 3.29%
BOISE CITY, ID 45 $11,985,000 $266,333 $6,125 3.25%
MCALLEN-EDINBURG-MISSION, TX 63 $11,445,000 $181,667 $7,417 3.20%
SALT LAKE CITY, UT 35 $11,095,000 $317,000 $7,020 3.28%
OMAHA-COUNCIL BLUFFS, NE-IA 47 $10,875,000 $231,383 $4,492 3.19%
SAN RAFAEL, CA 21 $10,825,000 $515,476 $6,768 3.45%
TULSA, OK 52 $9,820,000 $188,846 $5,983 3.44%
CHARLESTON-NORTH CHARLESTON, SC 41 $9,815,000 $239,390 $6,007 3.41%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 46 $9,650,000 $209,783 $7,326 3.14%
KNOXVILLE, TN 48 $9,310,000 $193,958 $6,003 3.32%
TRENTON-PRINCETON, NJ 39 $9,265,000 $237,564 $7,346 3.20%
KANSAS CITY, MO-KS 41 $9,215,000 $224,756 $6,025 3.37%
GAINESVILLE, FL 43 $9,005,000 $209,419 $5,533 3.16%
BURLINGTON-SOUTH BURLINGTON, VT 30 $8,770,000 $292,333 $8,148 3.13%
BARNSTABLE TOWN, MA 27 $8,755,000 $324,259 $4,480 3.25%
HAGERSTOWN-MARTINSBURG, MD-WV 43 $8,705,000 $202,442 $6,829 3.35%
OSHKOSH-NEENAH, WI 44 $8,280,000 $188,182 $3,848 3.17%
ATLANTIC CITY-HAMMONTON, NJ 35 $8,255,000 $235,857 $5,486 3.10%
COLUMBIA, SC 46 $8,130,000 $176,739 $5,657 3.49%
HUNTSVILLE, AL 33 $8,115,000 $245,909 $6,719 3.10%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 27 $7,775,000 $287,963 $4,716 3.22%
GREEN BAY, WI 38 $7,750,000 $203,947 $3,215 3.16%
OGDEN-CLEARFIELD, UT 24 $7,710,000 $321,250 $7,108 3.32%
ANCHORAGE, AK 27 $7,705,000 $285,370 $6,216 3.20%
RACINE, WI 33 $7,615,000 $230,758 $4,765 3.39%
BEND, OR 24 $7,530,000 $313,750 $6,226 2.99%
MERCED, CA 26 $7,310,000 $281,154 $5,483 3.19%
MANCHESTER-NASHUA, NH 29 $7,305,000 $251,897 $7,030 3.41%
OCALA, FL 40 $6,930,000 $173,250 $6,488 3.44%
DETROIT-DEARBORN-LIVONIA, MI 39 $6,835,000 $175,256 $4,759 3.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 33 $6,795,000 $205,909 $6,310 3.27%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 33 $6,555,000 $198,636 $6,760 3.40%
SEBRING-AVON PARK, FL 42 $6,500,000 $154,762 $5,977 3.64%
GAINESVILLE, GA 30 $6,180,000 $206,000 $7,120 3.48%
CALIFORNIA-LEXINGTON PARK, MD 20 $6,090,000 $304,500 $8,193 2.95%
EAST STROUDSBURG, PA 25 $6,055,000 $242,200 $8,389 3.20%
LANCASTER, PA 28 $5,930,000 $211,786 $6,849 3.34%
BRIDGEPORT-STAMFORD-NORWALK, CT 19 $5,875,000 $309,211 $7,964 3.40%
NEW HAVEN-MILFORD, CT 23 $5,835,000 $253,696 $6,466 3.39%
VISALIA, CA 27 $5,795,000 $214,630 $6,567 3.57%
HARRISBURG-CARLISLE, PA 29 $5,755,000 $198,448 $6,413 3.13%
AUGUSTA-RICHMOND COUNTY, GA-SC 30 $5,730,000 $191,000 $6,624 3.52%
NAPA, CA 11 $5,625,000 $511,364 $6,603 3.03%
TOLEDO, OH 35 $5,555,000 $158,714 $5,723 3.70%
LAFAYETTE, LA 27 $5,185,000 $192,037 $7,299 3.19%
SEBASTIAN-VERO BEACH, FL 24 $5,020,000 $209,167 $7,569 3.16%
YORK-HANOVER, PA 24 $4,970,000 $207,083 $7,697 3.22%
BATON ROUGE, LA 23 $4,705,000 $204,565 $7,097 3.40%
COLLEGE STATION-BRYAN, TX 16 $4,610,000 $288,125 $5,376 2.98%
WILMINGTON, DE-MD-NJ 18 $4,550,000 $252,778 $8,295 3.18%
CORPUS CHRISTI, TX 20 $4,540,000 $227,000 $7,160 3.07%
JOHNSON CITY, TN 22 $4,530,000 $205,909 $5,466 3.12%
FAYETTEVILLE, NC 25 $4,525,000 $181,000 $5,525 3.32%
CLARKSVILLE, TN-KY 24 $4,520,000 $188,333 $6,579 3.43%
ALBUQUERQUE, NM 22 $4,510,000 $205,000 $6,212 2.96%
READING, PA 24 $4,450,000 $185,417 $6,777 3.05%
SHERMAN-DENISON, TX 15 $4,385,000 $292,333 $7,463 3.04%
PORTLAND-SOUTH PORTLAND, ME 15 $4,215,000 $281,000 $6,779 3.27%
FORT WAYNE, IN 24 $4,160,000 $173,333 $3,220 3.07%
MOUNT VERNON-ANACORTES, WA 11 $4,095,000 $372,273 $6,910 2.99%
OCEAN CITY, NJ 14 $4,070,000 $290,714 $4,901 3.18%
HOMOSASSA SPRINGS, FL 20 $4,010,000 $200,500 $6,173 3.21%
ROCKFORD, IL 22 $4,000,000 $181,818 $5,346 3.34%
NEW ORLEANS-METAIRIE, LA 16 $3,960,000 $247,500 $8,364 2.95%
DAYTON-KETTERING, OH 25 $3,925,000 $157,000 $5,766 3.58%
MORRISTOWN, TN 24 $3,920,000 $163,333 $6,214 3.56%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 14 $3,880,000 $277,143 $6,827 3.43%
GREENSBORO-HIGH POINT, NC 21 $3,855,000 $183,571 $5,123 3.07%
BELLINGHAM, WA 12 $3,800,000 $316,667 $5,205 2.99%
FLAGSTAFF, AZ 13 $3,775,000 $290,385 $6,063 3.29%
NORWICH-NEW LONDON, CT 15 $3,695,000 $246,333 $6,739 3.23%
ELIZABETHTOWN-FORT KNOX, KY 21 $3,675,000 $175,000 $5,378 3.33%
TYLER, TX 15 $3,605,000 $240,333 $5,912 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC 15 $3,595,000 $239,667 $6,890 2.55%
KILLEEN-TEMPLE, TX 17 $3,535,000 $207,941 $5,820 3.08%
HOUMA-THIBODAUX, LA 17 $3,515,000 $206,765 $9,886 3.64%
EL CENTRO, CA 14 $3,390,000 $242,143 $6,894 3.23%
GRAND RAPIDS-KENTWOOD, MI 19 $3,365,000 $177,105 $6,099 3.59%
WARNER ROBINS, GA 13 $3,185,000 $245,000 $5,696 3.17%
KINGSPORT-BRISTOL, TN-VA 21 $3,185,000 $151,667 $5,822 3.48%
ST. CLOUD, MN 18 $3,160,000 $175,556 $5,230 3.27%
CANTON-MASSILLON, OH 14 $3,120,000 $222,857 $6,196 3.05%
CHARLOTTESVILLE, VA 9 $3,085,000 $342,778 $5,700 3.08%
PUEBLO, CO 22 $2,990,000 $135,909 $4,990 2.98%
WINCHESTER, VA-WV 11 $2,985,000 $271,364 $10,597 3.17%
AKRON, OH 22 $2,910,000 $132,273 $6,024 3.40%
KENNEWICK-RICHLAND, WA 10 $2,890,000 $289,000 $4,007 3.21%
MADERA, CA 11 $2,835,000 $257,727 $6,474 3.25%
ROCHESTER, MN 14 $2,830,000 $202,143 $6,698 3.18%
LAWTON, OK 14 $2,820,000 $201,429 $4,861 3.10%
SAVANNAH, GA 13 $2,805,000 $215,769 $7,504 3.52%
VINELAND-BRIDGETON, NJ 16 $2,710,000 $169,375 $6,577 3.34%
ANN ARBOR, MI 10 $2,610,000 $261,000 $3,729 3.21%
GRAND JUNCTION, CO 11 $2,555,000 $232,273 $7,023 3.06%
PENSACOLA-FERRY PASS-BRENT, FL 12 $2,550,000 $212,500 $5,742 3.28%
EL PASO, TX 16 $2,510,000 $156,875 $5,883 2.89%
SPRINGFIELD, MA 10 $2,430,000 $243,000 $4,999 3.70%
MIDLAND, TX 8 $2,430,000 $303,750 $5,962 3.31%
TALLAHASSEE, FL 15 $2,425,000 $161,667 $7,746 3.48%
DULUTH, MN-WI 11 $2,395,000 $217,727 $4,782 3.47%
DECATUR, AL 12 $2,310,000 $192,500 $4,981 3.07%
THE VILLAGES, FL 12 $2,310,000 $192,500 $6,378 3.22%
SHEBOYGAN, WI 11 $2,295,000 $208,636 $6,205 3.28%
ALBANY-LEBANON, OR 8 $2,200,000 $275,000 $4,413 3.19%
SPARTANBURG, SC 11 $2,195,000 $199,545 $6,953 3.26%
DURHAM-CHAPEL HILL, NC 9 $2,185,000 $242,778 $3,931 3.01%
MACON-BIBB COUNTY, GA 10 $2,140,000 $214,000 $8,440 3.23%
FARGO, ND-MN 12 $2,130,000 $177,500 $6,999 3.79%
HATTIESBURG, MS 13 $2,115,000 $162,692 $6,770 3.13%
SIOUX FALLS, SD 8 $2,100,000 $262,500 $4,911 3.20%
ELKHART-GOSHEN, IN 8 $2,060,000 $257,500 $4,095 3.13%
PANAMA CITY, FL 9 $2,045,000 $227,222 $7,135 3.19%
HANFORD-CORCORAN, CA 12 $2,040,000 $170,000 $5,926 3.30%
BISMARCK, ND 9 $2,015,000 $223,889 $6,379 3.26%
FOND DU LAC, WI 13 $2,005,000 $154,231 $4,059 3.59%
MISSOULA, MT 7 $1,995,000 $285,000 $8,291 3.30%
LONGVIEW, WA 8 $1,970,000 $246,250 $9,044 4.01%
YAKIMA, WA 10 $1,970,000 $197,000 $5,787 3.15%
AMARILLO, TX 9 $1,925,000 $213,889 $4,748 3.08%
LEXINGTON-FAYETTE, KY 9 $1,925,000 $213,889 $4,573 3.11%
WINSTON-SALEM, NC 8 $1,890,000 $236,250 $6,302 2.83%
MEDFORD, OR 7 $1,865,000 $266,429 $5,708 3.27%
SCRANTON--WILKES-BARRE, PA 15 $1,865,000 $124,333 $5,326 3.37%
JANESVILLE-BELOIT, WI 8 $1,820,000 $227,500 $8,507 3.16%
WACO, TX 7 $1,795,000 $256,429 $7,813 3.75%
MANSFIELD, OH 9 $1,795,000 $199,444 $6,067 3.33%
GULFPORT-BILOXI, MS 11 $1,765,000 $160,455 $6,204 3.24%
SOUTH BEND-MISHAWAKA, IN-MI 7 $1,755,000 $250,714 $6,482 3.05%
ASHEVILLE, NC 8 $1,750,000 $218,750 $6,321 3.19%
CARSON CITY, NV 6 $1,730,000 $288,333 $3,158 3.50%
MONROE, MI 8 $1,730,000 $216,250 $6,370 3.66%
EUGENE-SPRINGFIELD, OR 8 $1,710,000 $213,750 $6,867 3.02%
SALISBURY, MD-DE 9 $1,705,000 $189,444 $4,953 3.22%
SPRINGFIELD, MO 8 $1,690,000 $211,250 $4,162 3.39%
LOGAN, UT-ID 6 $1,680,000 $280,000 $7,828 3.29%
BEAUMONT-PORT ARTHUR, TX 8 $1,670,000 $208,750 $6,486 3.22%
SHREVEPORT-BOSSIER CITY, LA 4 $1,670,000 $417,500 $7,712 3.47%
LANSING-EAST LANSING, MI 7 $1,645,000 $235,000 $4,705 3.05%
LEBANON, PA 9 $1,625,000 $180,556 $6,752 3.18%
ALBANY, GA 11 $1,615,000 $146,818 $6,105 3.65%
CHATTANOOGA, TN-GA 7 $1,585,000 $226,429 $8,502 3.57%
COLUMBUS, GA-AL 7 $1,575,000 $225,000 $5,171 2.98%
HICKORY-LENOIR-MORGANTON, NC 6 $1,560,000 $260,000 $6,737 3.77%
CHAMBERSBURG-WAYNESBORO, PA 6 $1,520,000 $253,333 $8,889 3.25%
DES MOINES-WEST DES MOINES, IA 8 $1,520,000 $190,000 $3,627 3.08%
GETTYSBURG, PA 7 $1,515,000 $216,429 $7,455 3.45%
MICHIGAN CITY-LA PORTE, IN 7 $1,445,000 $206,429 $6,090 3.20%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 11 $1,445,000 $131,364 $4,215 3.17%
BILLINGS, MT 5 $1,405,000 $281,000 $7,125 3.05%
MONTGOMERY, AL 7 $1,355,000 $193,571 $5,694 3.07%
WAUSAU-WESTON, WI 7 $1,345,000 $192,143 $4,169 3.50%
JACKSON, MS 7 $1,335,000 $190,714 $6,815 3.45%
MUSKEGON, MI 9 $1,285,000 $142,778 $5,316 2.88%
ST. GEORGE, UT 4 $1,270,000 $317,500 $5,153 3.25%
WILMINGTON, NC 6 $1,200,000 $200,000 $5,752 2.92%
YUMA, AZ 8 $1,190,000 $148,750 $3,215 3.36%
LA CROSSE-ONALASKA, WI-MN 4 $1,160,000 $290,000 $2,343 2.72%
SIERRA VISTA-DOUGLAS, AZ 7 $1,155,000 $165,000 $4,648 3.20%
FLINT, MI 7 $1,155,000 $165,000 $4,640 3.21%
BOWLING GREEN, KY 6 $1,130,000 $188,333 $4,875 3.00%
JACKSON, TN 9 $1,115,000 $123,889 $6,722 4.13%
KAHULUI-WAILUKU-LAHAINA, HI 2 $1,110,000 $555,000 $6,929 3.88%
WENATCHEE, WA 5 $1,095,000 $219,000 $7,183 3.10%
HARRISONBURG, VA 3 $1,075,000 $358,333 $10,575 2.83%
BROWNSVILLE-HARLINGEN, TX 5 $1,065,000 $213,000 $6,514 2.93%
LONGVIEW, TX 6 $1,040,000 $173,333 $7,404 3.96%
ABILENE, TX 4 $1,010,000 $252,500 $6,957 3.00%
LUBBOCK, TX 5 $965,000 $193,000 $4,700 3.25%
JACKSON, MI 6 $950,000 $158,333 $5,514 3.50%
EAU CLAIRE, WI 5 $935,000 $187,000 $5,284 3.18%
ROANOKE, VA 5 $925,000 $185,000 $6,579 3.23%
OWENSBORO, KY 4 $910,000 $227,500 $6,419 3.09%
KALAMAZOO-PORTAGE, MI 4 $900,000 $225,000 $4,962 3.38%
WALLA WALLA, WA 3 $895,000 $298,333 $4,284 3.04%
GRANTS PASS, OR 4 $890,000 $222,500 $4,701 3.34%
BURLINGTON, NC 4 $880,000 $220,000 $9,559 3.31%
AUBURN-OPELIKA, AL 3 $835,000 $278,333 $8,395 2.96%
BLOOMINGTON, IN 4 $760,000 $190,000 $6,633 3.28%
ERIE, PA 4 $740,000 $185,000 $6,307 3.28%
IDAHO FALLS, ID 3 $735,000 $245,000 $8,144 3.42%
LYNCHBURG, VA 4 $720,000 $180,000 $7,579 3.06%
MANKATO, MN 3 $705,000 $235,000 $9,511 3.04%
ROCKY MOUNT, NC 4 $690,000 $172,500 $5,298 2.97%
MOBILE, AL 4 $690,000 $172,500 $6,757 2.97%
WICHITA, KS 3 $685,000 $228,333 $3,646 3.29%
FLORENCE-MUSCLE SHOALS, AL 2 $680,000 $340,000 $6,361 2.81%
VALDOSTA, GA 4 $660,000 $165,000 $7,714 3.44%
DAPHNE-FAIRHOPE-FOLEY, AL 4 $650,000 $162,500 $5,451 3.81%
ATHENS-CLARKE COUNTY, GA 3 $635,000 $211,667 $3,740 3.50%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 7 $635,000 $90,714 $4,350 3.52%
TWIN FALLS, ID 3 $625,000 $208,333 $6,854 3.21%
COLUMBUS, IN 4 $610,000 $152,500 $4,837 3.44%
SPRINGFIELD, OH 2 $570,000 $285,000 $11,424 2.81%
BANGOR, ME 4 $570,000 $142,500 $7,202 3.72%
JEFFERSON CITY, MO 3 $555,000 $185,000 $3,762 3.13%
BRUNSWICK, GA 2 $550,000 $275,000 $8,588 3.56%
EVANSVILLE, IN-KY 3 $545,000 $181,667 $5,236 3.04%
GREAT FALLS, MT 3 $535,000 $178,333 $6,313 3.25%
ODESSA, TX 3 $535,000 $178,333 $7,409 3.17%
LAFAYETTE-WEST LAFAYETTE, IN 3 $535,000 $178,333 $6,821 3.33%
WEIRTON-STEUBENVILLE, WV-OH 3 $515,000 $171,667 $7,696 3.21%
SUMTER, SC 4 $490,000 $122,500 $3,124 3.22%
DALTON, GA 2 $480,000 $240,000 $8,649 3.19%
SAN ANGELO, TX 1 $465,000 $465,000 $4,503 2.50%
SPRINGFIELD, IL 2 $460,000 $230,000 $4,976 3.69%
ST. JOSEPH, MO-KS 3 $455,000 $151,667 $5,022 3.63%
SIOUX CITY, IA-NE-SD 3 $425,000 $141,667 $5,363 2.75%
Outside of Metro Areas 1 $415,000 $415,000 $3,449 2.88%
GADSDEN, AL 2 $410,000 $205,000 $7,237 3.06%
JOPLIN, MO 2 $400,000 $200,000 $5,706 3.31%
CUMBERLAND, MD-WV 5 $395,000 $79,000 $4,308 4.07%
FARMINGTON, NM 2 $390,000 $195,000 $6,973 3.25%
HAMMOND, LA 2 $380,000 $190,000 $5,657 3.44%
TERRE HAUTE, IN 2 $380,000 $190,000 $3,857 3.31%
FORT SMITH, AR-OK 2 $380,000 $190,000 $5,749 3.13%
PITTSFIELD, MA 1 $375,000 $375,000 $8,747 2.88%
GRAND ISLAND, NE 1 $375,000 $375,000 $2,829 2.88%
NEW BERN, NC 2 $360,000 $180,000 $6,839 3.63%
MUNCIE, IN 2 $360,000 $180,000 $8,778 3.44%
BLOOMINGTON, IL 2 $350,000 $175,000 $7,378 3.56%
MONROE, LA 2 $340,000 $170,000 $7,082 3.56%
MIDLAND, MI 2 $340,000 $170,000 $4,260 3.13%
BAY CITY, MI 2 $340,000 $170,000 $3,921 3.06%
PINE BLUFF, AR 3 $335,000 $111,667 $4,799 4.13%
PARKERSBURG-VIENNA, WV 1 $325,000 $325,000 $2,330 3.13%
ENID, OK 3 $325,000 $108,333 $4,186 3.96%
MANHATTAN, KS 1 $325,000 $325,000 $2,117 2.63%
BATTLE CREEK, MI 2 $290,000 $145,000 $6,541 3.69%
GREENVILLE, NC 2 $290,000 $145,000 $5,636 3.06%
LAS CRUCES, NM 1 $285,000 $285,000 $4,271 2.88%
STATE COLLEGE, PA 1 $285,000 $285,000 $15,766 3.75%
LAWRENCE, KS 1 $265,000 $265,000 $2,624 2.75%
CORVALLIS, OR 1 $265,000 $265,000 $3,498 2.75%
HINESVILLE, GA 2 $260,000 $130,000 $7,030 3.25%
FLORENCE, SC 2 $250,000 $125,000 $7,550 3.75%
ALTOONA, PA 2 $250,000 $125,000 $6,973 2.94%
IOWA CITY, IA 1 $245,000 $245,000 $7,379 2.88%
ALEXANDRIA, LA 1 $245,000 $245,000 $8,867 3.63%
TOPEKA, KS 2 $220,000 $110,000 $5,850 4.25%
JOHNSTOWN, PA 1 $215,000 $215,000 $5,257 3.13%
DUBUQUE, IA 1 $205,000 $205,000 $1,088 2.75%
GOLDSBORO, NC 1 $195,000 $195,000 $3,311 2.50%
JACKSONVILLE, NC 1 $185,000 $185,000 $8,674 2.75%
PEORIA, IL 1 $175,000 $175,000 $3,098 2.38%
HUNTINGTON-ASHLAND, WV-KY-OH 2 $160,000 $80,000 $5,356 4.13%
WHEELING, WV-OH 1 $155,000 $155,000 $7,068 3.13%
CAPE GIRARDEAU, MO-IL 1 $145,000 $145,000 $4,502 3.50%
CHAMPAIGN-URBANA, IL 1 $145,000 $145,000 $10,713 3.50%
CLEVELAND, TN 1 $145,000 $145,000 $5,521 3.25%
TUSCALOOSA, AL 1 $135,000 $135,000 $5,364 4.75%
STAUNTON, VA 1 $125,000 $125,000 $5,277 3.63%
ANNISTON-OXFORD, AL 1 $115,000 $115,000 $5,918 3.88%
CEDAR RAPIDS, IA 1 $115,000 $115,000 $4,682 3.63%
KOKOMO, IN 1 $115,000 $115,000 $2,975 3.75%
DECATUR, IL 1 $105,000 $105,000 $5,299 4.13%
DOTHAN, AL 1 $85,000 $85,000 $4,919 4.13%
TEXARKANA, TX-AR 1 $75,000 $75,000 $5,582 5.13%

Paramount Residential Mortgage Group 's top markets include Miami, Riverside, Fort Lauderdale, Los Angeles, and Phoenix among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 23,736 $6,866,820,000 $289,300
2.5-3% 17,161 $5,249,965,000 $305,924
<2.5% 3,912 $942,720,000 $240,982
4-5% 3,713 $942,345,000 $253,796
5-6% 326 $73,970,000 $226,902
7-8% 24 $230,000 $9,583
6-7% 4 $640,000 $160,000

During 2020, Paramount Residential Mortgage Group 's average interest rate was 3.25%, while their most frequently originated rate bucket was 3-4%, with 23,736 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 27,067 $7,815,175,000 $288,734 $6,966 3.22%
$100k-200k 10,652 $1,679,470,000 $157,667 $5,347 3.34%
$400k-600k 7,834 $3,674,470,000 $469,041 $7,417 3.16%
$100,000 or less 2,235 $104,615,000 $46,808 $4,184 2.46%
$600k-1MM 1,044 $726,930,000 $696,293 $11,229 3.28%
$1MM+ 56 $76,320,000 $1,362,857 $20,187 3.31%

2020 saw Paramount Residential Mortgage Group place emphasis on $200k-400k loans with 27,067 originations, totaling $7,815,175,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 12,678 $2,984,760,000 $235,428 $7,182 3.21%
$100k-150k 10,398 $3,472,920,000 $333,999 $6,780 3.21%
$75k-100k 9,450 $2,707,940,000 $286,554 $7,197 3.21%
$50k or less 8,170 $1,659,420,000 $203,111 $5,751 3.18%
$150k-250k 5,917 $2,287,765,000 $386,643 $6,437 3.21%
$250k+ 1,918 $843,690,000 $439,880 $6,661 3.21%

Paramount Residential Mortgage Group lent most frequently to those with incomes in the $50k-75k range, with 12,678 originations. The second most popular income band? $100k-150k, with 10,398 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 7,566 $2,151,320,000 $284,340 $6,091 3.18%
20-30% 7,424 $2,115,840,000 $285,000 $5,330 3.12%
50-60% 4,871 $1,385,415,000 $284,421 $10,680 3.27%
44% 2,520 $739,510,000 $293,456 $6,895 3.37%
<20% 2,310 $582,230,000 $252,048 $4,796 2.88%
43% 2,128 $619,640,000 $291,184 $6,733 3.30%
42% 2,043 $592,315,000 $289,924 $6,888 3.32%
41% 1,892 $560,680,000 $296,342 $6,775 3.29%
49% 1,851 $547,615,000 $295,848 $7,250 3.29%
40% 1,772 $511,910,000 $288,888 $6,534 3.28%
39% 1,760 $503,880,000 $286,295 $6,593 3.27%
37% 1,585 $456,485,000 $288,003 $6,502 3.25%
38% 1,546 $453,670,000 $293,448 $6,496 3.24%
45% 1,541 $449,845,000 $291,918 $7,270 3.28%
36% 1,497 $429,395,000 $286,837 $6,220 3.23%
48% 1,487 $431,695,000 $290,313 $7,298 3.27%
47% 1,480 $429,620,000 $290,284 $7,301 3.26%
46% 1,478 $424,690,000 $287,341 $7,201 3.22%
>60% 544 $186,150,000 $342,188 $5,917 2.87%

Paramount Residential Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 7,566 originations. The next most common DTI ratio? 20-30%, with 7,424 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 36,613 $10,462,995,000 $285,773 $6,670 3.20%
Black 4,853 $1,229,285,000 $253,304 $8,250 3.33%
Asian 3,569 $1,173,525,000 $328,811 $5,195 3.08%
Not provided 3,451 $1,088,825,000 $315,510 $6,717 3.21%
American Indian 225 $63,395,000 $281,756 $7,803 3.16%
Native Hawaiian 151 $51,435,000 $340,629 $7,538 3.15%
Asian Indian 16 $5,080,000 $317,500 $5,229 3.30%
Chinese 2 $670,000 $335,000 $5,315 2.63%
Other Asian 3 $585,000 $195,000 $7,282 3.00%
Filipino 1 $495,000 $495,000 $5,555 2.75%
Other Pacific Islander 2 $410,000 $205,000 $7,625 3.69%
Vietnamese 1 $275,000 $275,000 $2,365 2.88%
Native Hawiian 1 $5,000 $5,000 $0 2.50%

Approval Rates

Total approvals of all applications
91.30%

Paramount Residential Mortgage Group has an average approval rate.

Pick Rate

Approvals leading to origination
74.77%

Paramount Residential Mortgage Group has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 48,888 $14,076,980,000 $287,943

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 589 $109,795,000 $186,409
Single Family (1-4 Units):Site-Built 48,299 $13,967,185,000 $289,182

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,522 $355,250,000 $233,410 $4,139 3.01%
40-60% 5,416 $1,587,870,000 $293,181 $4,508 3.09%
60-80% 14,603 $4,490,515,000 $307,506 $5,516 3.26%
80-100% 25,429 $7,339,865,000 $288,642 $7,861 3.29%
Over 100% 629 $226,995,000 $360,882 $14,429 3.14%
Under 20% 1,181 $33,285,000 $28,184 $3,920 1.45%