Premier Mortgage Resources Rates, Fees & Info
PORTLAND, ORLEI: 549300B4IYL7TZT8FA34
Tax ID: 20-2718340
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Mortgage Data
Review & Overview
Premier Mortgage Resources is a smaller mortgage company specializing in Home Purchase loans. Premier Mortgage Resources 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: Seattle, Boise City, Portland, Sacramento, and Twin Falls among others. We have data for 101 markets. (Some data included below & more in-depth data is available with an active subscription.)Premier Mortgage Resources 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 Mortgage Resources is typically an average 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 | 6.58% | 4/22/24 |
| 30 Year Conventional Refi | 6.60% | 4/22/24 |
| 30 Year Cash-out Refi | 6.90% | 4/22/24 |
| 30 Year FHA Purchase | 7.45% | 4/22/24 |
| 30 Year FHA Refi | 7.36% | 4/22/24 |
| 30 Year VA Purchase | 6.43% | 4/22/24 |
| 30 Year VA Refi | 6.02% | 4/22/24 |
| 30 Year USDA Purchase | 6.92% | 4/22/24 |
| 15 Year Conventional Purchase | 7.31% | 4/22/24 |
| 15 Year Conventional Refi | 6.12% | 4/22/24 |
| 15 Year Cash-out Refi | 6.12% | 4/22/24 |
| 15 Year FHA Purchase | 5.68% | 4/22/24 |
| 15 Year VA Refi | 5.68% | 4/22/24 |
| 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 Mortgage Resources Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,150Origination Dollar Volume (All Markets)
$789,850,000Awards
PREMIER MORTGAGE RESOURCES - 2019
PREMIER MORTGAGE RESOURCES is a 2019 , due to their low .
For 2019, 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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 445 | $143,005,000 | $321,360 | $11,113 | 3.75% |
| BOISE CITY, ID (FHA|USDA|VA) | 674 | $142,960,000 | $212,107 | $7,605 | 4.07% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 238 | $80,510,000 | $338,277 | $7,027 | 4.23% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 250 | $79,260,000 | $317,040 | $7,683 | 3.99% |
| TWIN FALLS, ID (FHA|USDA|VA) | 245 | $35,315,000 | $144,143 | $6,818 | 4.17% |
| WALLA WALLA, WA (FHA|USDA|VA) | 140 | $33,870,000 | $241,929 | $6,383 | 4.29% |
| Hilo, HI (FHA|USDA|VA) | 85 | $30,735,000 | $361,588 | $6,324 | 4.60% |
| Outside of Metro Areas | 113 | $24,165,000 | $213,850 | $7,108 | 4.07% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 117 | $22,745,000 | $194,402 | $6,906 | 3.74% |
| BEND, OR (FHA|USDA|VA) | 58 | $19,690,000 | $339,483 | $7,393 | 4.35% |
| CHICO, CA (FHA|USDA|VA) | 61 | $16,345,000 | $267,951 | $7,724 | 4.18% |
| Outside of Metro Areas | 102 | $15,290,000 | $149,902 | $6,705 | 3.98% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 78 | $14,540,000 | $186,410 | $4,719 | 3.85% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 39 | $12,215,000 | $313,205 | $10,239 | 3.97% |
| Burley, ID (FHA|USDA|VA) | 76 | $9,040,000 | $118,947 | $7,017 | 3.78% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 18 | $8,590,000 | $477,222 | $6,956 | 4.10% |
| YUBA CITY, CA (FHA|USDA|VA) | 25 | $6,295,000 | $251,800 | $6,157 | 4.24% |
| VALLEJO, CA (FHA|USDA|VA) | 18 | $5,220,000 | $290,000 | $5,959 | 4.19% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 19 | $5,045,000 | $265,526 | $9,423 | 4.07% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 17 | $4,875,000 | $286,765 | $9,700 | 3.88% |
| Roseburg, OR (FHA|USDA|VA) | 17 | $4,215,000 | $247,941 | $5,990 | 4.35% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 9 | $4,045,000 | $449,444 | $8,482 | 4.07% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $3,740,000 | $374,000 | $8,512 | 4.51% |
| Grand Rapids, MN (FHA|USDA|VA) | 24 | $3,540,000 | $147,500 | $6,362 | 4.41% |
| NAPA, CA (FHA|USDA|VA) | 6 | $2,900,000 | $483,333 | $6,749 | 4.88% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 8 | $2,850,000 | $356,250 | $14,268 | 3.52% |
| Oak Harbor, WA (FHA|USDA|VA) | 13 | $2,705,000 | $208,077 | $9,161 | 3.78% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 7 | $2,465,000 | $352,143 | $7,257 | 4.45% |
| Ontario, OR-ID (FHA|USDA|VA) | 14 | $2,370,000 | $169,286 | $6,646 | 3.70% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 10 | $2,310,000 | $231,000 | $9,805 | 3.55% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 13 | $2,285,000 | $175,769 | $6,622 | 4.83% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 10 | $2,270,000 | $227,000 | $5,319 | 3.97% |
| Sandpoint, ID (FHA|USDA|VA) | 11 | $2,055,000 | $186,818 | $6,693 | 3.99% |
| Hailey, ID (FHA|USDA|VA) | 9 | $2,045,000 | $227,222 | $8,772 | 4.83% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 12 | $1,930,000 | $160,833 | $6,940 | 3.75% |
| Mountain Home, ID (FHA|USDA|VA) | 10 | $1,730,000 | $173,000 | $8,376 | 3.63% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $9,808 | 4.06% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 5 | $1,415,000 | $283,000 | $7,563 | 4.40% |
| MODESTO, CA (FHA|USDA|VA) | 5 | $1,395,000 | $279,000 | $7,451 | 4.68% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $6,819 | 3.88% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 6 | $1,360,000 | $226,667 | $7,034 | 3.85% |
| REDDING, CA (FHA|USDA|VA) | 6 | $1,230,000 | $205,000 | $3,879 | 5.04% |
| STOCKTON, CA (FHA|USDA|VA) | 4 | $1,220,000 | $305,000 | $8,163 | 4.19% |
| BELLINGHAM, WA (FHA|USDA|VA) | 6 | $1,200,000 | $200,000 | $8,444 | 3.06% |
| SALEM, OR (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $7,825 | 4.34% |
| Kapaa, HI (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $9,590 | 4.25% |
| LONGVIEW, WA (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $7,449 | 4.10% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $4,833 | 3.96% |
| RENO, NV (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $5,559 | 4.42% |
| Shelton, WA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $8,582 | 4.54% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $6,963 | 4.38% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $5,613 | 4.17% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $6,424 | 4.13% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $5,022 | 3.88% |
| Heber, UT (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,264 | 4.50% |
| Centralia, WA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $9,313 | 4.92% |
| Rexburg, ID (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $4,991 | 4.38% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $5,362 | 4.06% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $4,277 | 4.67% |
| Blackfoot, ID (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $6,045 | 4.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $7,402 | 4.42% |
| Red Bluff, CA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,807 | 4.56% |
| Prineville, OR (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $7,747 | 4.75% |
| POCATELLO, ID (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $6,461 | 4.59% |
| Aberdeen, WA (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $6,561 | 4.42% |
| MADERA, CA (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $8,066 | 4.38% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $9,876 | 4.69% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $5,446 | 4.71% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $12,454 | 4.50% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $3,656 | 4.38% |
| Pullman, WA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,323 | 4.50% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $8,549 | 3.56% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,721 | 4.00% |
| Newport, OR (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $6,217 | 4.50% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $16,043 | 3.88% |
| La Grande, OR (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $8,228 | 4.13% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,760 | 4.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,627 | 3.75% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,464 | 3.75% |
| Sonora, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,051 | 4.00% |
| Brainerd, MN (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $6,097 | 4.31% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,231 | 3.63% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,332 | 4.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $7,114 | 4.69% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $15,971 | 5.13% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,227 | 4.25% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,065 | 4.99% |
| Moscow, ID (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $10,421 | 2.63% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $17,170 | 4.63% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,543 | 3.99% |
| TOPEKA, KS (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $2,323 | 4.06% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,211 | 4.63% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,050 | 5.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,423 | 4.63% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,749 | 4.50% |
| Bemidji, MN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,279 | 4.25% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,317 | 4.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,232 | 5.00% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,741 | 5.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,578 | 4.63% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,390 | 4.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against PREMIER MORTGAGE RESOURCES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2019, Premier Mortgage Resources's most frequently originated type of loan was Conventional, with 2,110 originations. Their 2nd most popular type was FHA, with 644 originations.
Loan Reason
For 2019, Premier Mortgage Resources's most frequently cited loan purpose was Home Purchase, with 2,185 originations. The 2nd most popular reason was Refi, with 483 originations.
Loan Duration/Length
For 2019, Premier Mortgage Resources's most frequently cited loan duration was 30 Year, with 2,778 originations. The 2nd most popular length was 10 Year, with 145 originations.
Origination Fees/Closing Costs
Premier Mortgage Resources's average total fees were $7,844, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 634 originations.
Interest Rates
During 2019, Premier Mortgage Resources's average interest rate for loans was 4.16%, while their most frequently originated rate bucket for loans was 4-5%, with 1,512 originations.
Loan Sizing
2019 saw Premier Mortgage Resources place emphasis on $200k-400k loans with 1,615 originations, totaling $460,515,000 in origination value.
Applicant Income
Premier Mortgage Resources lent most frequently to those with incomes in the $50k-75k range, with 953 originations. The second most popular income band? $75k-100k, with 618 originations.
Applicant Debt to Income Ratio
Premier Mortgage Resources lent most frequently to those with DTI ratios of 30-36%, with 499 originations. The next most common DTI ratio? 20-30%, with 391 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.37%
Premier Mortgage Resources has an average approval rate.
Pick Rate
Approvals leading to origination79.84%
Premier Mortgage Resources has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 32 | $160,000 | $5,000 |
| NA | 3,118 | $789,690,000 | $253,268 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 125 | $23,115,000 | $184,920 |
| Single Family (1-4 Units):Site-Built | 3,025 | $766,735,000 | $253,466 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PRIMARY RESIDENTIAL MORTGAGE | VA mortgage | Struggling to pay mortgage | 1 | 7.1% |
| PRIMARY RESIDENTIAL MORTGAGE | FHA mortgage | Struggling to pay mortgage | 1 | 7.1% |
| PRIMARY RESIDENTIAL MORTGAGE | FHA mortgage | Trouble during payment process | 2 | 14.3% |
| PRIMARY RESIDENTIAL MORTGAGE | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 21.4% |
| PRIMARY RESIDENTIAL MORTGAGE | Conventional home mortgage | Trouble during payment process | 2 | 14.3% |
| PRIMARY RESIDENTIAL MORTGAGE | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 21.4% |
| PRIMARY RESIDENTIAL MORTGAGE | FHA mortgage | Closing on a mortgage | 2 | 14.3% |