Premier Lending Mortgage Rates, Fees & Info
SANTA ROSA, CALEI: 5493001SDQVS1NWYH012
Tax ID: 27-0993345
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Mortgage Data
Review & Overview
Premier Lending is a smaller mortgage company specializing in Home Purchase loans. Premier Lending 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 by origination volume include: San Francisco, Phoenix, Charlotte, Amarillo, and San Jose among others. We have data for 84 markets. (Some data included below & more in-depth data is available with an active subscription.)Premier Lending has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Premier Lending is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.60% | 11/21/24 |
| 30 Year Conventional Refi | 6.65% | 11/21/24 |
| 30 Year Cash-out Refi | 6.75% | 11/21/24 |
| 30 Year FHA Purchase | 7.39% | 11/21/24 |
| 30 Year FHA Refi | 7.45% | 11/21/24 |
| 30 Year VA Purchase | 6.48% | 11/21/24 |
| 30 Year USDA Purchase | 6.66% | 11/21/24 |
| 15 Year Conventional Purchase | 5.93% | 11/21/24 |
| 15 Year Conventional Refi | 6.34% | 11/21/24 |
| 15 Year Cash-out Refi | 6.34% | 11/21/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Premier Lending Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
806Origination Dollar Volume (All Markets)
$334,890,000Awards
PREMIER LENDING - 2022
PREMIER LENDING is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top 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 Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 80 | $71,180,000 | $889,750 | $9,526 | 4.56% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 117 | $48,515,000 | $414,658 | $10,940 | 5.14% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 140 | $44,620,000 | $318,714 | $6,815 | 4.95% |
| AMARILLO, TX (FHA|USDA|VA) | 85 | $18,995,000 | $223,471 | $7,765 | 5.58% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 21 | $16,795,000 | $799,762 | $6,774 | 4.56% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 37 | $15,275,000 | $412,838 | $9,646 | 5.01% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 20 | $13,820,000 | $691,000 | $11,970 | 4.68% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 22 | $11,900,000 | $540,909 | $12,588 | 5.17% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 23 | $10,195,000 | $443,261 | $8,906 | 4.42% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 25 | $7,615,000 | $304,600 | $5,785 | 4.11% |
| TUCSON, AZ (FHA|USDA|VA) | 23 | $5,945,000 | $258,478 | $6,263 | 4.48% |
| VALLEJO, CA (FHA|USDA|VA) | 11 | $5,565,000 | $505,909 | $10,144 | 4.06% |
| STOCKTON, CA (FHA|USDA|VA) | 13 | $3,925,000 | $301,923 | $6,447 | 3.81% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 12 | $3,870,000 | $322,500 | $8,740 | 4.35% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 17 | $3,625,000 | $213,235 | $5,922 | 4.51% |
| Outside of Metro Areas | 11 | $3,285,000 | $298,636 | $7,631 | 3.70% |
| Ukiah, CA (FHA|USDA|VA) | 8 | $3,270,000 | $408,750 | $7,634 | 4.98% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $3,200,000 | $400,000 | $7,260 | 3.97% |
| Clearlake, CA (FHA|USDA|VA) | 8 | $2,940,000 | $367,500 | $12,013 | 5.76% |
| Thomasville, GA (FHA|USDA|VA) | 14 | $2,650,000 | $189,286 | $7,883 | 4.05% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 6 | $2,440,000 | $406,667 | $7,197 | 4.42% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 4 | $2,350,000 | $587,500 | $9,982 | 4.56% |
| NAPA, CA (FHA|USDA|VA) | 2 | $1,750,000 | $875,000 | $8,869 | 4.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $1,440,000 | $240,000 | $6,748 | 5.29% |
| YUBA CITY, CA (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $15,577 | 4.88% |
| WALLA WALLA, WA (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $13,035 | 3.42% |
| SALEM, OR (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $10,393 | 4.04% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $7,166 | 5.31% |
| MERCED, CA (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $9,265 | 5.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $9,692 | 4.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $915,000 | $915,000 | $8,552 | 3.25% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $7,322 | 5.75% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $9,891 | 4.06% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $7,867 | 5.25% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $3,919 | 5.05% |
| YAKIMA, WA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $5,737 | 4.50% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $7,917 | 5.63% |
| Payson, AZ (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $11,324 | 5.19% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $10,508 | 6.19% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $11,407 | 6.13% |
| NEW BERN, NC (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $5,919 | 5.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $11,321 | 5.63% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $5,500 | 5.13% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $14,491 | 2.99% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $18,328 | 6.38% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $8,208 | 4.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $3,691 | 5.25% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,649 | 3.54% |
| Granbury, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,677 | 5.75% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $7,578 | 5.38% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $7,320 | 3.75% |
| Outside of Metro Areas | 1 | $445,000 | $445,000 | $5,034 | 4.38% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,482 | 3.38% |
| Dumas, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $10,088 | 5.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $7,998 | 5.88% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $16,047 | 4.63% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $8,023 | 3.56% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $6,453 | 5.19% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,968 | 3.00% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $13,815 | 4.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,001 | 3.50% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,412 | 4.25% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $4,028 | 2.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,412 | 5.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,061 | 4.75% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $13,331 | 3.25% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,269 | 5.25% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,813 | 5.25% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,019 | 5.69% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,928 | 3.25% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,344 | 3.50% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,495 | 5.25% |
| Pampa, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,438 | 5.75% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,641 | 6.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,421 | 3.63% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,686 | 3.75% |
| Bainbridge, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,512 | 3.75% |
| Borger, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,234 | 4.63% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,330 | 6.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,582 | 3.75% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,590 | 5.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $10,232 | 4.50% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,886 | 3.38% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,405 | 5.50% |
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Product Mix
For 2022, Premier Lending's most frequently originated type of loan was Conventional, with 576 originations. Their 2nd most popular type was FHA, with 167 originations.
Loan Reason
For 2022, Premier Lending's most frequently cited loan purpose was Home Purchase, with 651 originations. The 2nd most popular reason was Cash Out Refi, with 83 originations.
Loan Duration/Length
For 2022, Premier Lending's most frequently cited loan duration was 30 Year, with 776 originations. The 2nd most popular length was 15 Year, with 19 originations.
Origination Fees/Closing Costs
Premier Lending's average total fees were $8,645, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 304 originations.
Interest Rates
During 2022, Premier Lending's average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 5-6%, with 237 originations.
Loan Sizing
2022 saw Premier Lending place emphasis on $200k-400k loans with 330 originations, totaling $98,060,000 in origination value.
Applicant Income
Premier Lending lent most frequently to those with incomes in the $100k-150k range, with 191 originations. The second most popular income band? $75k-100k, with 166 originations.
Applicant Debt to Income Ratio
Premier Lending lent most frequently to those with DTI ratios of 30-36%, with 127 originations. The next most common DTI ratio? 50-60%, with 86 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.65%
Premier Lending has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.62%
Premier Lending has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 806 | $334,890,000 | $415,496 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PRIMARY RESIDENTIAL MORTGAGE | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |
| PRIMARY RESIDENTIAL MORTGAGE | VA mortgage | Trouble during payment process | 1 | 50.0% |