Premier Mortgage Resources Rates, Fees & Info

PORTLAND, OR

LEI: 549300B4IYL7TZT8FA34

Tax ID: 20-2718340

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Premier Mortgage Resources is a small mortgage company specializing in Home Purchase and Cash Out Refi loans. Premier Mortgage Resources has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Boise City, Seattle, Portland, Sacramento, and San Jose among others. We have data for 135 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% 11/17/24
30 Year Conventional Refi 6.60% 11/17/24
30 Year Cash-out Refi 6.90% 11/17/24
30 Year FHA Purchase 7.45% 11/17/24
30 Year FHA Refi 7.36% 11/17/24
30 Year VA Purchase 6.43% 11/17/24
30 Year VA Refi 6.02% 11/17/24
30 Year USDA Purchase 6.92% 11/17/24
15 Year Conventional Purchase 7.31% 11/17/24
15 Year Conventional Refi 6.12% 11/17/24
15 Year Cash-out Refi 6.12% 11/17/24
15 Year FHA Purchase 5.68% 11/17/24
15 Year VA Refi 5.68% 11/17/24
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

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Premier Mortgage Resources. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

7,098

Origination Dollar Volume (All Markets)

$2,398,480,000
Show all (9) awards

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
BOISE CITY, ID (FHA|USDA|VA) 1,258 $367,540,000 $292,162 $8,074 3.09%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 811 $342,615,000 $422,460 $9,640 2.90%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 492 $195,290,000 $396,931 $7,099 2.96%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 450 $164,600,000 $365,778 $6,488 3.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 217 $123,715,000 $570,115 $7,505 3.12%
TWIN FALLS, ID (FHA|USDA|VA) 434 $93,230,000 $214,816 $7,818 3.00%
FRESNO, CA (FHA|USDA|VA) 275 $84,775,000 $308,273 $6,068 3.08%
SALINAS, CA (FHA|USDA|VA) 195 $83,515,000 $428,282 $9,534 3.02%
Hilo, HI (FHA|USDA|VA) 170 $77,470,000 $455,706 $6,789 3.23%
Outside of Metro Areas 210 $74,030,000 $352,524 $7,579 3.26%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 118 $69,730,000 $590,932 $5,218 3.22%
WALLA WALLA, WA (FHA|USDA|VA) 215 $59,405,000 $276,302 $4,852 3.09%
Outside of Metro Areas 233 $52,535,000 $225,472 $7,009 2.97%
BEND, OR (FHA|USDA|VA) 107 $41,195,000 $385,000 $7,347 3.08%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 147 $36,875,000 $250,850 $6,454 2.75%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 51 $27,785,000 $544,804 $5,625 3.14%
CHICO, CA (FHA|USDA|VA) 76 $26,470,000 $348,289 $6,913 3.13%
RENO, NV (FHA|USDA|VA) 75 $26,445,000 $352,600 $6,026 3.34%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 66 $25,480,000 $386,061 $10,617 2.88%
YUBA CITY, CA (FHA|USDA|VA) 73 $21,315,000 $291,986 $5,854 3.09%
KANSAS CITY, MO-KS (FHA|USDA|VA) 100 $21,030,000 $210,300 $4,613 2.96%
Ontario, OR-ID (FHA|USDA|VA) 71 $17,015,000 $239,648 $7,849 3.20%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 53 $16,645,000 $314,057 $10,406 2.56%
Aberdeen, WA (FHA|USDA|VA) 67 $15,345,000 $229,030 $6,597 2.91%
Mountain Home, ID (FHA|USDA|VA) 73 $15,295,000 $209,521 $8,883 3.13%
Grand Rapids, MN (FHA|USDA|VA) 75 $15,285,000 $203,800 $7,040 3.26%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 31 $15,235,000 $491,452 $7,621 3.14%
Burley, ID (FHA|USDA|VA) 75 $11,575,000 $154,333 $8,106 3.06%
SALEM, OR (FHA|USDA|VA) 37 $11,405,000 $308,243 $5,868 2.95%
Sandpoint, ID (FHA|USDA|VA) 29 $10,865,000 $374,655 $9,964 3.39%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 34 $10,740,000 $315,882 $6,436 3.32%
Truckee-Grass Valley, CA (FHA|USDA|VA) 29 $10,455,000 $360,517 $8,063 2.93%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 25 $10,165,000 $406,600 $7,987 2.88%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 26 $9,190,000 $353,462 $6,968 3.32%
MADERA, CA (FHA|USDA|VA) 25 $7,715,000 $308,600 $6,291 3.24%
Roseburg, OR (FHA|USDA|VA) 28 $7,550,000 $269,643 $6,969 3.15%
Hermiston-Pendleton, OR (FHA|USDA|VA) 33 $7,525,000 $228,030 $5,614 3.21%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 21 $7,325,000 $348,810 $8,608 2.99%
COLORADO SPRINGS, CO (FHA|USDA|VA) 15 $7,115,000 $474,333 $6,470 3.30%
VALLEJO, CA (FHA|USDA|VA) 17 $6,925,000 $407,353 $7,895 2.89%
MERCED, CA (FHA|USDA|VA) 15 $6,195,000 $413,000 $5,460 3.42%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 12 $6,060,000 $505,000 $7,689 3.17%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 21 $6,025,000 $286,905 $6,575 2.93%
IDAHO FALLS, ID (FHA|USDA|VA) 26 $5,900,000 $226,923 $8,736 2.92%
STOCKTON, CA (FHA|USDA|VA) 18 $5,730,000 $318,333 $6,068 2.96%
Kapaa, HI (FHA|USDA|VA) 10 $5,600,000 $560,000 $10,080 3.40%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 16 $5,380,000 $336,250 $6,590 3.31%
MEDFORD, OR (FHA|USDA|VA) 17 $5,155,000 $303,235 $5,191 3.17%
Astoria, OR (FHA|USDA|VA) 11 $4,425,000 $402,273 $5,114 3.10%
SPRINGFIELD, MO (FHA|USDA|VA) 23 $4,325,000 $188,043 $5,186 2.98%
VISALIA, CA (FHA|USDA|VA) 16 $4,230,000 $264,375 $5,407 3.12%
Hailey, ID (FHA|USDA|VA) 11 $4,225,000 $384,091 $12,657 2.95%
Newport, OR (FHA|USDA|VA) 12 $3,950,000 $329,167 $5,917 3.09%
Gardnerville Ranchos, NV (FHA|USDA|VA) 10 $3,810,000 $381,000 $4,596 3.69%
Oak Harbor, WA (FHA|USDA|VA) 9 $3,725,000 $413,889 $7,005 3.29%
MODESTO, CA (FHA|USDA|VA) 17 $3,655,000 $215,000 $7,414 2.88%
URBAN HONOLULU, HI (FHA|USDA|VA) 7 $3,615,000 $516,429 $10,256 3.54%
Prineville, OR (FHA|USDA|VA) 12 $3,590,000 $299,167 $10,271 3.28%
YAKIMA, WA (FHA|USDA|VA) 14 $3,360,000 $240,000 $7,286 2.46%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 13 $3,325,000 $255,769 $7,003 3.20%
BELLINGHAM, WA (FHA|USDA|VA) 10 $3,200,000 $320,000 $6,430 3.31%
GRANTS PASS, OR (FHA|USDA|VA) 10 $3,010,000 $301,000 $6,592 3.09%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $2,985,000 $597,000 $8,447 2.85%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,955,000 $591,000 $8,695 3.15%
Centralia, WA (FHA|USDA|VA) 11 $2,895,000 $263,182 $8,339 2.55%
POCATELLO, ID (FHA|USDA|VA) 15 $2,765,000 $184,333 $6,768 2.95%
WENATCHEE, WA (FHA|USDA|VA) 7 $2,475,000 $353,571 $5,504 3.36%
REDDING, CA (FHA|USDA|VA) 10 $2,420,000 $242,000 $4,444 3.51%
Alexandria, MN (FHA|USDA|VA) 10 $2,140,000 $214,000 $5,635 3.29%
DULUTH, MN-WI (FHA|USDA|VA) 10 $1,970,000 $197,000 $6,422 3.29%
ST. GEORGE, UT (FHA|USDA|VA) 3 $1,965,000 $655,000 $12,486 2.96%
LONGVIEW, WA (FHA|USDA|VA) 8 $1,900,000 $237,500 $5,778 2.97%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,825,000 $365,000 $3,942 3.38%
Blackfoot, ID (FHA|USDA|VA) 9 $1,815,000 $201,667 $5,906 3.14%
Moses Lake, WA (FHA|USDA|VA) 8 $1,810,000 $226,250 $5,101 2.62%
CARSON CITY, NV (FHA|USDA|VA) 5 $1,785,000 $357,000 $5,940 3.33%
Shelton, WA (FHA|USDA|VA) 5 $1,765,000 $353,000 $7,574 3.16%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $1,760,000 $880,000 $7,354 3.50%
ALBANY-LEBANON, OR (FHA|USDA|VA) 5 $1,695,000 $339,000 $8,129 3.08%
BAKERSFIELD, CA (FHA|USDA|VA) 8 $1,670,000 $208,750 $5,700 2.53%
LEWISTON, ID-WA (FHA|USDA|VA) 7 $1,615,000 $230,714 $5,602 2.93%
The Dalles, OR (FHA|USDA|VA) 6 $1,480,000 $246,667 $6,342 2.83%
NAPA, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $6,826 3.17%
Eureka-Arcata, CA (FHA|USDA|VA) 4 $1,290,000 $322,500 $5,790 2.97%
Fernley, NV (FHA|USDA|VA) 4 $1,250,000 $312,500 $5,820 3.25%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,235,000 $411,667 $9,490 3.25%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 3 $1,225,000 $408,333 $4,755 3.46%
TUCSON, AZ (FHA|USDA|VA) 4 $1,080,000 $270,000 $6,562 3.47%
Rexburg, ID (FHA|USDA|VA) 4 $1,050,000 $262,500 $7,485 2.94%
Klamath Falls, OR (FHA|USDA|VA) 5 $1,035,000 $207,000 $6,293 2.93%
Kalispell, MT (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $27,156 2.88%
Pullman, WA (FHA|USDA|VA) 6 $930,000 $155,000 $6,098 3.10%
Coos Bay, OR (FHA|USDA|VA) 2 $920,000 $460,000 $16,469 3.00%
Port Angeles, WA (FHA|USDA|VA) 4 $900,000 $225,000 $4,770 3.03%
Sonora, CA (FHA|USDA|VA) 2 $880,000 $440,000 $3,661 3.19%
Ellensburg, WA (FHA|USDA|VA) 3 $875,000 $291,667 $3,318 2.67%
Red Bluff, CA (FHA|USDA|VA) 4 $850,000 $212,500 $5,881 3.09%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $690,000 $345,000 $5,805 3.38%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $675,000 $225,000 $6,358 3.46%
BILLINGS, MT (FHA|USDA|VA) 2 $670,000 $335,000 $9,773 2.75%
Hood River, OR (FHA|USDA|VA) 2 $670,000 $335,000 $3,998 2.25%
MISSOULA, MT (FHA|USDA|VA) 1 $645,000 $645,000 $11,571 3.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $645,000 $215,000 $4,796 2.79%
Moscow, ID (FHA|USDA|VA) 2 $550,000 $275,000 $7,012 3.38%
Brainerd, MN (FHA|USDA|VA) 3 $545,000 $181,667 $6,561 3.75%
Jackson, WY-ID (FHA|USDA|VA) 2 $500,000 $250,000 $8,804 3.31%
Fallon, NV (FHA|USDA|VA) 2 $470,000 $235,000 $7,639 3.31%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $465,000 $465,000 $16,785 2.63%
Montrose, CO (FHA|USDA|VA) 1 $445,000 $445,000 $2,500 3.63%
Ukiah, CA (FHA|USDA|VA) 1 $435,000 $435,000 $5,536 3.25%
Safford, AZ (FHA|USDA|VA) 1 $425,000 $425,000 $6,328 2.88%
PROVO-OREM, UT (FHA|USDA|VA) 1 $415,000 $415,000 $10,600 2.99%
Brookings, OR (FHA|USDA|VA) 1 $415,000 $415,000 $5,064 3.25%
Sevierville, TN (FHA|USDA|VA) 2 $410,000 $205,000 $2,661 2.94%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $410,000 $205,000 $2,261 3.13%
PUEBLO, CO (FHA|USDA|VA) 2 $410,000 $205,000 $5,400 3.38%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $395,000 $395,000 $3,811 3.50%
Fergus Falls, MN (FHA|USDA|VA) 2 $340,000 $170,000 $8,376 3.63%
Price, UT (FHA|USDA|VA) 1 $335,000 $335,000 $6,609 4.00%
La Grande, OR (FHA|USDA|VA) 2 $330,000 $165,000 $4,293 2.81%
MORRISTOWN, TN (FHA|USDA|VA) 1 $285,000 $285,000 $7,833 2.75%
Elko, NV (FHA|USDA|VA) 1 $255,000 $255,000 $7,276 3.13%
Clearlake, CA (FHA|USDA|VA) 1 $245,000 $245,000 $7,158 3.25%
CaƱon City, CO (FHA|USDA|VA) 1 $245,000 $245,000 $7,966 3.25%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $3,400 2.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,811 3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $175,000 $175,000 $5,719 4.25%
Owatonna, MN (FHA|USDA|VA) 1 $165,000 $165,000 $6,896 2.75%
Bemidji, MN (FHA|USDA|VA) 1 $145,000 $145,000 $4,475 3.25%
YUMA, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $0 2.70%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $4,349 3.38%
Warrensburg, MO (FHA|USDA|VA) 1 $115,000 $115,000 $2,890 2.50%
Gillette, WY (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.58%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $65,000 $65,000 $3,986 3.38%
Premier Mortgage Resources's top markets include Boise City, Seattle, Portland, Sacramento, and San Jose among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • 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.

    Monterey Credit Union
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    SAFE 1 CREDIT UNION
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    PIONEER
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    SPOKANE FIREFIGHTERS CREDIT UNION
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    HAPO COMMUNITY CREDIT UNION
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    VALLEY STRONG CREDIT UNION
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    Sierra Central Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,281 $1,787,715,000 $338,518 $6,196 3.08%
    FHA 938 $311,220,000 $331,791 $12,254 3.14%
    VA 640 $247,740,000 $387,094 $10,024 2.75%
    FHA 125 $25,425,000 $203,400 $0 2.64%
    USDA 114 $26,380,000 $231,404 $6,960 3.02%

    For 2021, Premier Mortgage Resources's most frequently originated type of loan was Conventional, with 5,281 originations. Their 2nd most popular type was FHA, with 938 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,025 $1,397,085,000 $347,102 $8,384 3.01%
    Cash Out Refi 1,574 $524,590,000 $333,285 $7,060 3.25%
    Refi 1,468 $473,280,000 $322,398 $5,556 2.94%
    Other 26 $1,190,000 $45,769 $0 2.81%
    Home Improvement 5 $2,335,000 $467,000 $0 5.20%

    For 2021, Premier Mortgage Resources's most frequently cited loan purpose was Home Purchase, with 4,025 originations. The 2nd most popular reason was Cash Out Refi, with 1,574 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,071 $2,245,085,000 $369,805 $7,650 3.20%
    Other 475 $35,535,000 $74,811 $3,898 1.01%
    15 Year 320 $85,130,000 $266,031 $4,932 2.59%
    10 Year 137 $4,395,000 $32,080 $4,224 4.50%
    20 Year 92 $26,610,000 $289,239 $5,678 2.99%
    1 Year 3 $1,725,000 $575,000 $0 5.50%

    For 2021, Premier Mortgage Resources's most frequently cited loan duration was 30 Year, with 6,071 originations. The 2nd most popular length was Other, with 475 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,999 $732,125,000 $366,246
    $5k+ 1,383 $655,985,000 $474,320
    $3k-4k 939 $277,215,000 $295,224
    $2k-3k 928 $259,810,000 $279,968
    $<1k 913 $168,215,000 $184,244
    $4k-5k 766 $266,160,000 $347,467

    Premier Mortgage Resources's average total fees were $7,650, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,999 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 3,584 $1,349,000,000 $376,395
    2.5-3% 2,331 $808,635,000 $346,905
    <2.5% 860 $169,770,000 $197,407
    4-5% 311 $67,715,000 $217,733
    5-6% 11 $3,255,000 $295,909
    7-8% 1 $105,000 $105,000

    During 2021, Premier Mortgage Resources's average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 3-4%, with 3,584 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,344 $994,600,000 $297,428 $7,012 3.17%
    $400k-600k 1,714 $821,630,000 $479,364 $8,616 3.17%
    $100k-200k 953 $151,675,000 $159,155 $4,903 3.11%
    $100,000 or less 543 $12,015,000 $22,127 $3,626 1.62%
    $600k-1MM 492 $353,150,000 $717,785 $10,574 3.19%
    $1MM+ 52 $65,410,000 $1,257,885 $18,031 3.34%

    2021 saw Premier Mortgage Resources place emphasis on $200k-400k loans with 3,344 originations, totaling $994,600,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,707 $439,695,000 $257,583 $7,342 2.97%
    $100k-150k 1,533 $591,915,000 $386,115 $7,787 3.08%
    $75k-100k 1,481 $468,855,000 $316,580 $7,932 3.01%
    $50k or less 1,027 $203,875,000 $198,515 $5,957 2.94%
    $150k-250k 948 $462,680,000 $488,059 $7,535 3.20%
    $250k+ 365 $218,475,000 $598,562 $8,623 3.34%

    Premier Mortgage Resources lent most frequently to those with incomes in the $50k-75k range, with 1,707 originations. The second most popular income band? $100k-150k, with 1,533 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,133 $380,405,000 $335,750 $6,894 3.03%
    20-30% 1,122 $381,680,000 $340,178 $6,194 3.11%
    44% 423 $144,525,000 $341,667 $7,645 3.14%
    <20% 414 $128,700,000 $310,870 $5,529 2.94%
    43% 338 $117,000,000 $346,154 $7,868 3.08%
    41% 336 $117,580,000 $349,940 $8,008 3.08%
    49% 329 $121,825,000 $370,289 $8,935 3.18%
    42% 318 $100,600,000 $316,352 $7,671 3.05%
    50-60% 310 $112,920,000 $364,258 $12,036 2.97%
    39% 296 $91,830,000 $310,236 $7,201 2.92%
    45% 291 $95,745,000 $329,021 $7,753 3.06%
    40% 281 $93,575,000 $333,007 $7,581 2.97%
    38% 259 $89,725,000 $346,429 $7,785 3.09%
    37% 250 $78,780,000 $315,120 $7,058 3.04%
    46% 224 $74,320,000 $331,786 $8,778 2.97%
    36% 222 $76,690,000 $345,450 $7,165 3.00%
    47% 222 $78,810,000 $355,000 $8,452 3.02%
    48% 214 $78,460,000 $366,636 $7,997 3.17%
    >60% 29 $8,465,000 $291,897 $9,646 2.76%

    Premier Mortgage Resources lent most frequently to those with DTI ratios of 30-36%, with 1,133 originations. The next most common DTI ratio? 20-30%, with 1,122 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,187 $1,695,425,000 $326,860 $7,314 3.06%
    Not provided 1,297 $476,175,000 $367,136 $7,633 3.07%
    Asian 285 $118,175,000 $414,649 $7,534 3.02%
    Black 187 $64,095,000 $342,754 $9,906 2.77%
    American Indian 77 $23,605,000 $306,558 $7,715 2.99%
    Native Hawaiian or Islander 57 $17,835,000 $312,895 $9,153 2.70%
    Filipino 2 $860,000 $430,000 $4,377 3.44%
    Japanese 2 $750,000 $375,000 $2,635 2.94%
    Samoan 1 $595,000 $595,000 $26,446 2.88%
    Asian Indian 1 $435,000 $435,000 $8,483 3.13%
    Other Asian 1 $435,000 $435,000 $12,765 2.75%
    Native Hawaiian 1 $95,000 $95,000 $3,115 2.50%

    Approval Rates

    Total approvals of all applications
    95.97%

    Premier Mortgage Resources has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    67.84%

    Premier Mortgage Resources has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    1295.0 5 $1,495,000 $299,000
    1495.0 1 $195,000 $195,000
    1545.0 1 $185,000 $185,000
    16501.35 1 $635,000 $635,000
    1925.0 1 $365,000 $365,000
    2344.0 1 $295,000 $295,000
    24573.8 1 $1,145,000 $1,145,000
    2690.0 1 $95,000 $95,000
    2895.0 1 $165,000 $165,000
    3036.0 1 $95,000 $95,000
    4426.93 1 $475,000 $475,000
    4758.32 1 $305,000 $305,000
    4767.67 1 $235,000 $235,000
    4904.0 1 $325,000 $325,000
    5154.38 1 $195,000 $195,000
    543.75 1 $215,000 $215,000
    5785.0 1 $205,000 $205,000
    7902.5 1 $325,000 $325,000
    9095.0 1 $755,000 $755,000
    995.0 1 $325,000 $325,000
    NA 7,074 $2,390,450,000 $337,921

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,098 $2,398,480,000 $337,909

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 375 $85,725,000 $228,600 $4,703 3.00%
    40-60% 1,055 $333,455,000 $316,071 $5,429 3.01%
    60-80% 2,183 $827,505,000 $379,068 $6,743 3.27%
    80-100% 2,848 $1,084,090,000 $380,650 $8,655 3.18%
    Over 100% 132 $55,830,000 $422,955 $16,847 2.91%
    Under 20% 505 $11,875,000 $23,515 $3,788 1.50%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Premier Mortgage, LLC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    Premier Mortgage, LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 66.7%