Premier Mortgage Resources Rates, Fees & Info

PORTLAND, OR

LEI: 549300B4IYL7TZT8FA34

Tax ID: 20-2718340

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Mortgage Data

Review & Overview

Premier Mortgage Resources is a small 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 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, Sacramento, Colorado Springs, and Twin Falls among others. We have data for 203 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 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 6.58% 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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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

4,328

Origination Dollar Volume (All Markets)

$1,564,030,000
Show all (10) 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) 684 $215,630,000 $315,249 $11,866 5.01%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 390 $190,030,000 $487,256 $14,504 5.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 266 $110,210,000 $414,323 $9,917 4.66%
COLORADO SPRINGS, CO (FHA|USDA|VA) 175 $73,055,000 $417,457 $9,905 4.61%
TWIN FALLS, ID (FHA|USDA|VA) 253 $61,215,000 $241,957 $9,410 5.26%
SALINAS, CA (FHA|USDA|VA) 104 $51,800,000 $498,077 $15,231 4.58%
FRESNO, CA (FHA|USDA|VA) 136 $51,640,000 $379,706 $9,184 4.91%
Outside of Metro Areas 179 $45,015,000 $251,480 $8,159 5.04%
Outside of Metro Areas 110 $44,440,000 $404,000 $10,397 4.93%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 67 $43,055,000 $642,612 $12,827 4.97%
WALLA WALLA, WA (FHA|USDA|VA) 114 $42,050,000 $368,860 $7,745 5.12%
Hilo, HI (FHA|USDA|VA) 58 $27,330,000 $471,207 $9,312 4.87%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 64 $27,260,000 $425,938 $10,333 4.31%
RENO, NV (FHA|USDA|VA) 69 $26,195,000 $379,638 $10,658 4.49%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 76 $23,150,000 $304,605 $9,630 4.61%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 29 $19,695,000 $679,138 $11,749 4.92%
URBAN HONOLULU, HI (FHA|USDA|VA) 26 $16,880,000 $649,231 $14,078 4.74%
CHICO, CA (FHA|USDA|VA) 47 $16,405,000 $349,043 $8,435 4.78%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 36 $16,310,000 $453,056 $15,319 4.79%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 28 $16,200,000 $578,571 $12,242 4.91%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 53 $16,025,000 $302,358 $9,708 5.63%
Mountain Home, ID (FHA|USDA|VA) 55 $14,255,000 $259,182 $13,097 5.38%
BEND, OR (FHA|USDA|VA) 30 $13,670,000 $455,667 $12,385 4.42%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 37 $13,625,000 $368,243 $10,707 5.69%
MEDFORD, OR (FHA|USDA|VA) 34 $11,390,000 $335,000 $10,497 5.07%
Burley, ID (FHA|USDA|VA) 57 $11,005,000 $193,070 $8,298 5.14%
POCATELLO, ID (FHA|USDA|VA) 52 $10,950,000 $210,577 $11,487 6.01%
Aberdeen, WA (FHA|USDA|VA) 39 $10,725,000 $275,000 $10,646 4.43%
YUBA CITY, CA (FHA|USDA|VA) 31 $10,125,000 $326,613 $9,796 4.54%
KANSAS CITY, MO-KS (FHA|USDA|VA) 55 $9,915,000 $180,273 $5,578 4.74%
PUEBLO, CO (FHA|USDA|VA) 34 $9,540,000 $280,588 $7,775 5.03%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 20 $9,340,000 $467,000 $13,017 5.03%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 22 $9,080,000 $412,727 $8,683 5.13%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 23 $8,765,000 $381,087 $9,643 4.26%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 19 $8,565,000 $450,789 $9,108 4.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 15 $8,535,000 $569,000 $17,156 4.37%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 19 $8,355,000 $439,737 $7,843 4.78%
Truckee-Grass Valley, CA (FHA|USDA|VA) 18 $7,700,000 $427,778 $10,800 4.64%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 25 $7,635,000 $305,400 $6,158 4.26%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 30 $7,440,000 $248,000 $9,757 5.09%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 17 $7,415,000 $436,176 $15,207 6.18%
Sandpoint, ID (FHA|USDA|VA) 15 $6,965,000 $464,333 $13,140 5.08%
Grand Rapids, MN (FHA|USDA|VA) 36 $6,520,000 $181,111 $7,750 5.08%
VALLEJO, CA (FHA|USDA|VA) 14 $6,080,000 $434,286 $12,327 4.14%
WENATCHEE, WA (FHA|USDA|VA) 16 $5,920,000 $370,000 $12,340 5.64%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 16 $5,890,000 $368,125 $6,508 4.64%
Ontario, OR-ID (FHA|USDA|VA) 21 $5,645,000 $268,810 $11,547 5.23%
SALEM, OR (FHA|USDA|VA) 14 $5,270,000 $376,429 $12,479 4.81%
Hermiston-Pendleton, OR (FHA|USDA|VA) 19 $4,985,000 $262,368 $8,916 5.53%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 10 $4,890,000 $489,000 $10,798 4.67%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 15 $4,825,000 $321,667 $11,354 5.38%
GRANTS PASS, OR (FHA|USDA|VA) 15 $4,695,000 $313,000 $10,177 4.74%
Roseburg, OR (FHA|USDA|VA) 12 $4,580,000 $381,667 $7,552 4.63%
BELLINGHAM, WA (FHA|USDA|VA) 9 $4,505,000 $500,556 $10,103 5.04%
STOCKTON, CA (FHA|USDA|VA) 10 $4,320,000 $432,000 $13,356 4.40%
MODESTO, CA (FHA|USDA|VA) 12 $4,250,000 $354,167 $9,357 4.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $3,965,000 $440,556 $8,137 4.86%
Fernley, NV (FHA|USDA|VA) 14 $3,750,000 $267,857 $8,975 4.78%
Hailey, ID (FHA|USDA|VA) 10 $3,710,000 $371,000 $9,900 5.23%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 8 $3,570,000 $446,250 $9,824 5.09%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $3,540,000 $590,000 $14,524 6.27%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $3,425,000 $489,286 $11,802 5.36%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 10 $3,390,000 $339,000 $7,046 4.30%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 14 $3,260,000 $232,857 $11,565 5.87%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 16 $3,230,000 $201,875 $9,132 5.66%
Shelton, WA (FHA|USDA|VA) 8 $3,210,000 $401,250 $10,095 4.30%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $3,190,000 $319,000 $9,159 4.53%
SPRINGFIELD, MO (FHA|USDA|VA) 16 $3,070,000 $191,875 $5,862 4.56%
IDAHO FALLS, ID (FHA|USDA|VA) 10 $3,050,000 $305,000 $10,240 5.46%
MADERA, CA (FHA|USDA|VA) 7 $2,995,000 $427,857 $8,194 5.41%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $2,960,000 $493,333 $6,855 4.06%
MERCED, CA (FHA|USDA|VA) 9 $2,835,000 $315,000 $9,169 4.41%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 7 $2,675,000 $382,143 $9,484 5.07%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 9 $2,615,000 $290,556 $8,425 5.13%
Centralia, WA (FHA|USDA|VA) 9 $2,595,000 $288,333 $7,219 4.25%
NAPA, CA (FHA|USDA|VA) 3 $2,505,000 $835,000 $13,769 5.58%
CARSON CITY, NV (FHA|USDA|VA) 6 $2,400,000 $400,000 $9,596 5.02%
Kapaa, HI (FHA|USDA|VA) 4 $2,240,000 $560,000 $18,257 4.53%
Sonora, CA (FHA|USDA|VA) 6 $2,220,000 $370,000 $9,300 5.12%
Ellensburg, WA (FHA|USDA|VA) 5 $2,165,000 $433,000 $8,444 5.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $2,030,000 $338,333 $8,359 5.56%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 6 $1,860,000 $310,000 $10,724 4.79%
Klamath Falls, OR (FHA|USDA|VA) 8 $1,840,000 $230,000 $7,643 4.94%
Moses Lake, WA (FHA|USDA|VA) 6 $1,770,000 $295,000 $8,467 5.10%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,765,000 $252,143 $11,884 5.37%
Blackfoot, ID (FHA|USDA|VA) 9 $1,745,000 $193,889 $10,177 6.10%
ALBANY-LEBANON, OR (FHA|USDA|VA) 5 $1,655,000 $331,000 $7,434 5.00%
SPARTANBURG, SC (FHA|USDA|VA) 7 $1,645,000 $235,000 $7,063 4.87%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,625,000 $325,000 $8,223 4.55%
Oak Harbor, WA (FHA|USDA|VA) 5 $1,605,000 $321,000 $12,400 3.68%
GREELEY, CO (FHA|USDA|VA) 5 $1,495,000 $299,000 $5,151 4.93%
TUCSON, AZ (FHA|USDA|VA) 3 $1,465,000 $488,333 $6,881 4.42%
THE VILLAGES, FL (FHA|USDA|VA) 5 $1,465,000 $293,000 $11,093 6.30%
Gardnerville Ranchos, NV (FHA|USDA|VA) 5 $1,395,000 $279,000 $5,367 4.63%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,375,000 $275,000 $7,924 4.70%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,365,000 $455,000 $8,597 6.33%
OCALA, FL (FHA|USDA|VA) 5 $1,315,000 $263,000 $10,179 5.73%
Rexburg, ID (FHA|USDA|VA) 4 $1,240,000 $310,000 $7,437 4.66%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,205,000 $241,000 $10,442 5.48%
Alexandria, MN (FHA|USDA|VA) 6 $1,190,000 $198,333 $6,898 5.54%
YAKIMA, WA (FHA|USDA|VA) 3 $1,185,000 $395,000 $13,299 5.21%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,175,000 $235,000 $8,559 5.72%
Durango, CO (FHA|USDA|VA) 2 $1,160,000 $580,000 $7,112 6.81%
Newport, OR (FHA|USDA|VA) 4 $1,150,000 $287,500 $11,433 4.47%
Port Angeles, WA (FHA|USDA|VA) 5 $1,135,000 $227,000 $8,116 4.15%
REDDING, CA (FHA|USDA|VA) 4 $1,070,000 $267,500 $11,232 5.94%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $5,984 4.75%
VISALIA, CA (FHA|USDA|VA) 4 $1,040,000 $260,000 $13,046 2.75%
LONGVIEW, WA (FHA|USDA|VA) 2 $1,020,000 $510,000 $14,722 4.81%
Pahrump, NV (FHA|USDA|VA) 2 $1,020,000 $510,000 $13,302 5.13%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $1,020,000 $510,000 $6,149 3.94%
LEWISTON, ID-WA (FHA|USDA|VA) 4 $1,000,000 $250,000 $12,342 4.38%
Glenwood Springs, CO (FHA|USDA|VA) 2 $960,000 $480,000 $8,789 4.81%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $940,000 $235,000 $8,942 5.59%
DULUTH, MN-WI (FHA|USDA|VA) 5 $935,000 $187,000 $7,265 6.18%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $930,000 $465,000 $5,344 5.12%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $890,000 $445,000 $7,155 4.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $860,000 $430,000 $4,167 4.44%
TOPEKA, KS (FHA|USDA|VA) 6 $830,000 $138,333 $5,337 5.44%
EL PASO, TX (FHA|USDA|VA) 3 $795,000 $265,000 $12,851 5.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $790,000 $395,000 $14,926 5.50%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $750,000 $187,500 $6,924 5.94%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $705,000 $235,000 $7,729 4.25%
Breckenridge, CO (FHA|USDA|VA) 1 $685,000 $685,000 $7,432 3.25%
Prineville, OR (FHA|USDA|VA) 2 $670,000 $335,000 $14,619 4.94%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $660,000 $330,000 $23,194 5.75%
The Dalles, OR (FHA|USDA|VA) 3 $655,000 $218,333 $7,702 5.12%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $645,000 $645,000 $4,457 2.99%
ST. GEORGE, UT (FHA|USDA|VA) 1 $645,000 $645,000 $27,899 5.13%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $645,000 $645,000 $7,330 4.25%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $640,000 $320,000 $9,688 5.69%
Kalispell, MT (FHA|USDA|VA) 1 $635,000 $635,000 $23,940 5.38%
FARGO, ND-MN (FHA|USDA|VA) 2 $630,000 $315,000 $11,307 5.81%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $625,000 $208,333 $5,485 4.91%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $615,000 $615,000 $8,400 3.88%
ASHEVILLE, NC (FHA|USDA|VA) 2 $590,000 $295,000 $4,364 3.63%
La Grande, OR (FHA|USDA|VA) 2 $550,000 $275,000 $8,990 3.81%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $525,000 $525,000 $2,675 6.99%
CORVALLIS, OR (FHA|USDA|VA) 1 $525,000 $525,000 $10,996 6.63%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $520,000 $260,000 $5,519 5.81%
Mount Airy, NC (FHA|USDA|VA) 1 $505,000 $505,000 $5,799 5.88%
COLUMBIA, SC (FHA|USDA|VA) 3 $475,000 $158,333 $7,374 6.04%
Clearlake, CA (FHA|USDA|VA) 2 $470,000 $235,000 $7,288 5.50%
GAINESVILLE, FL (FHA|USDA|VA) 4 $450,000 $112,500 $6,722 4.78%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $5,968 3.56%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $425,000 $425,000 $12,189 6.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $405,000 $405,000 $2,133 4.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $405,000 $405,000 $15,025 6.13%
CHEYENNE, WY (FHA|USDA|VA) 1 $405,000 $405,000 $3,977 4.13%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $395,000 $395,000 $5,177 5.99%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $375,000 $375,000 $11,490 5.25%
Ukiah, CA (FHA|USDA|VA) 1 $375,000 $375,000 $4,591 3.25%
Sheridan, WY (FHA|USDA|VA) 1 $365,000 $365,000 $3,337 3.38%
PROVO-OREM, UT (FHA|USDA|VA) 1 $355,000 $355,000 $6,014 5.50%
Rockingham, NC (FHA|USDA|VA) 1 $355,000 $355,000 $21,355 6.75%
BOULDER, CO (FHA|USDA|VA) 2 $340,000 $170,000 $6,863 3.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,912 5.38%
Rolla, MO (FHA|USDA|VA) 1 $325,000 $325,000 $12,245 6.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $320,000 $160,000 $6,067 6.31%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $315,000 $315,000 $7,336 5.50%
BURLINGTON, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,865 5.38%
Sevierville, TN (FHA|USDA|VA) 1 $295,000 $295,000 $3,694 4.75%
Gillette, WY (FHA|USDA|VA) 1 $295,000 $295,000 $12,354 3.99%
ST. CLOUD, MN (FHA|USDA|VA) 1 $285,000 $285,000 $10,993 3.99%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,251 5.63%
MISSOULA, MT (FHA|USDA|VA) 1 $265,000 $265,000 $3,524 3.75%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.50%
Astoria, OR (FHA|USDA|VA) 1 $265,000 $265,000 $4,027 3.50%
KNOXVILLE, TN (FHA|USDA|VA) 1 $265,000 $265,000 $3,822 3.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $4,150 5.38%
HAMMOND, LA (FHA|USDA|VA) 1 $255,000 $255,000 $10,455 4.50%
ROME, GA (FHA|USDA|VA) 2 $250,000 $125,000 $6,174 6.38%
Branson, MO (FHA|USDA|VA) 1 $245,000 $245,000 $10,433 5.25%
Coos Bay, OR (FHA|USDA|VA) 1 $245,000 $245,000 $3,586 3.88%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.50%
McMinnville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $5,805 5.00%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $235,000 $235,000 $7,155 5.25%
READING, PA (FHA|USDA|VA) 1 $225,000 $225,000 $4,895 5.38%
Pullman, WA (FHA|USDA|VA) 1 $225,000 $225,000 $5,279 5.88%
AMARILLO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $5,328 5.63%
Elko, NV (FHA|USDA|VA) 1 $205,000 $205,000 $6,738 4.25%
Susanville, CA (FHA|USDA|VA) 1 $205,000 $205,000 $11,588 3.75%
Vernal, UT (FHA|USDA|VA) 1 $205,000 $205,000 $4,051 3.50%
JOPLIN, MO (FHA|USDA|VA) 1 $205,000 $205,000 $3,379 3.88%
LONGVIEW, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,278 3.88%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $195,000 $195,000 $9,057 3.50%
Sunbury, PA (FHA|USDA|VA) 1 $185,000 $185,000 $9,097 5.25%
TULSA, OK (FHA|USDA|VA) 1 $185,000 $185,000 $6,255 5.50%
BISMARCK, ND (FHA|USDA|VA) 1 $175,000 $175,000 $5,529 7.00%
Toccoa, GA (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.63%
Seneca, SC (FHA|USDA|VA) 1 $175,000 $175,000 $5,184 4.63%
Fallon, NV (FHA|USDA|VA) 1 $165,000 $165,000 $4,078 4.99%
WACO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,827 6.25%
Shelby, NC (FHA|USDA|VA) 1 $165,000 $165,000 $4,988 5.99%
ABILENE, TX (FHA|USDA|VA) 1 $145,000 $145,000 $7,010 4.75%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $135,000 $135,000 $4,972 3.75%
Fort Polk South, LA (FHA|USDA|VA) 1 $125,000 $125,000 $5,755 5.75%
Wahpeton, ND-MN (FHA|USDA|VA) 1 $125,000 $125,000 $6,681 5.63%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $115,000 $115,000 $6,071 4.50%
Sedalia, MO (FHA|USDA|VA) 2 $110,000 $55,000 $5,415 2.88%
Warrensburg, MO (FHA|USDA|VA) 1 $85,000 $85,000 $3,653 6.13%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $85,000 $85,000 $4,576 6.88%
COLUMBIA, MO (FHA|USDA|VA) 1 $75,000 $75,000 $3,782 7.63%
Premier Mortgage Resources's top markets include Boise City, Seattle, Sacramento, Colorado Springs, and Twin Falls among others.

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

    PIONEER
    Similarity Rank: 30
    El Dorado Savings Bank, F.S.B.
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    Baker Boyer National Bank
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    SAFEAMERICA CREDIT UNION
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    Sierra Central Credit Union
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    COASTHILLS
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    Bank of Idaho
    Similarity Rank: 264
    D. L. Evans Bank
    Similarity Rank: 286

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,950 $1,064,770,000 $360,939 $9,012 4.95%
    FHA 779 $274,245,000 $352,047 $15,252 5.05%
    VA 438 $192,460,000 $439,406 $14,888 4.82%
    FHA 114 $22,310,000 $195,702 $0 4.88%
    USDA 46 $10,010,000 $217,609 $8,009 4.96%
    Reverse Mortgage 1 $235,000 $235,000 $0 7.39%

    For 2022, Premier Mortgage Resources's most frequently originated type of loan was Conventional, with 2,950 originations. Their 2nd most popular type was FHA, with 779 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,291 $1,272,335,000 $386,610 $11,146 5.07%
    Cash Out Refi 682 $217,220,000 $318,504 $9,032 4.67%
    Refi 220 $68,270,000 $310,318 $7,956 4.34%
    Other 131 $4,105,000 $31,336 $0 4.46%
    Home Improvement 4 $2,100,000 $525,000 $0 6.38%

    For 2022, Premier Mortgage Resources's most frequently cited loan purpose was Home Purchase, with 3,291 originations. The 2nd most popular reason was Cash Out Refi, with 682 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,880 $1,501,860,000 $387,077 $10,763 4.96%
    15 Year 200 $27,250,000 $136,250 $6,711 5.45%
    Other 136 $27,380,000 $201,324 $16,063 5.17%
    10 Year 84 $940,000 $11,190 $0 3.95%
    20 Year 17 $5,255,000 $309,118 $7,283 4.34%
    3 Year 9 $105,000 $11,667 $0 0.00%
    1 Year 2 $1,240,000 $620,000 $0 6.50%

    For 2022, Premier Mortgage Resources's most frequently cited loan duration was 30 Year, with 3,880 originations. The 2nd most popular length was 15 Year, with 200 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,811 $824,815,000 $455,447
    $1k-2k 645 $261,815,000 $405,915
    $4k-5k 506 $164,870,000 $325,830
    $3k-4k 496 $142,930,000 $288,165
    $<1k 391 $46,355,000 $118,555
    $2k-3k 324 $90,040,000 $277,901

    Premier Mortgage Resources's average total fees were $10,763, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,811 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,296 $501,720,000 $387,130
    4-5% 1,046 $403,210,000 $385,478
    3-4% 882 $346,380,000 $392,721
    6-7% 721 $222,055,000 $307,982
    <2.5% 134 $6,700,000 $50,000
    7-8% 134 $43,440,000 $324,179
    2.5-3% 104 $36,520,000 $351,154
    Over 8% 11 $4,005,000 $364,091

    During 2022, Premier Mortgage Resources's average interest rate for loans was 4.96%, while their most frequently originated rate bucket for loans was 5-6%, with 1,296 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,914 $583,770,000 $305,000 $9,301 5.08%
    $400k-600k 1,101 $529,155,000 $480,613 $12,225 4.94%
    $100k-200k 470 $73,390,000 $156,149 $6,081 5.18%
    $600k-1MM 459 $325,115,000 $708,312 $15,104 4.98%
    $100,000 or less 350 $8,070,000 $23,057 $4,543 4.00%
    $1MM+ 34 $44,530,000 $1,309,706 $22,287 4.69%

    2022 saw Premier Mortgage Resources place emphasis on $200k-400k loans with 1,914 originations, totaling $583,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,121 $445,985,000 $397,846 $11,436 4.95%
    $75k-100k 967 $305,525,000 $315,951 $10,426 4.97%
    $50k-75k 872 $215,660,000 $247,317 $9,197 4.77%
    $150k-250k 706 $359,900,000 $509,773 $12,175 5.19%
    $50k or less 383 $67,785,000 $176,984 $6,726 4.77%
    $250k+ 272 $166,430,000 $611,875 $12,102 5.14%

    Premier Mortgage Resources lent most frequently to those with incomes in the $100k-150k range, with 1,121 originations. The second most popular income band? $75k-100k, with 967 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 567 $199,595,000 $352,019 $9,308 4.85%
    20-30% 493 $172,865,000 $350,639 $8,514 4.85%
    50-60% 432 $166,510,000 $385,440 $15,531 5.26%
    49% 294 $118,280,000 $402,313 $12,001 5.15%
    44% 250 $91,650,000 $366,600 $10,728 4.92%
    47% 208 $76,050,000 $365,625 $11,339 5.18%
    45% 206 $69,620,000 $337,961 $11,125 4.87%
    40% 205 $71,765,000 $350,073 $9,494 4.84%
    48% 197 $72,635,000 $368,706 $11,285 4.87%
    43% 196 $74,540,000 $380,306 $10,525 5.07%
    42% 177 $65,305,000 $368,955 $10,210 4.81%
    41% 176 $65,410,000 $371,648 $10,971 4.69%
    46% 176 $56,310,000 $319,943 $10,557 5.05%
    39% 166 $59,800,000 $360,241 $9,734 4.81%
    <20% 151 $50,185,000 $332,351 $8,392 4.81%
    37% 136 $46,460,000 $341,618 $9,376 4.96%
    36% 118 $43,380,000 $367,627 $9,602 4.85%
    38% 104 $38,510,000 $370,288 $10,943 5.15%
    >60% 38 $13,170,000 $346,579 $15,538 5.11%

    Premier Mortgage Resources lent most frequently to those with DTI ratios of 30-36%, with 567 originations. The next most common DTI ratio? 20-30%, with 493 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,099 $1,069,995,000 $345,271 $10,222 4.97%
    Not provided 767 $299,165,000 $390,046 $11,160 4.86%
    Asian 218 $101,730,000 $466,651 $12,526 5.05%
    Black 150 $55,660,000 $371,067 $12,436 4.73%
    American Indian 56 $18,640,000 $332,857 $11,245 5.41%
    Native Hawaiian or Islander 27 $12,795,000 $473,889 $16,189 4.88%
    Asian Indian 5 $3,285,000 $657,000 $9,040 4.43%
    Japanese 2 $990,000 $495,000 $5,956 3.81%
    Filipino 1 $655,000 $655,000 $21,710 4.75%
    Chinese 1 $545,000 $545,000 $17,292 6.25%
    Samoan 1 $305,000 $305,000 $7,849 3.75%
    Vietnamese 1 $265,000 $265,000 $9,589 6.63%

    Approval Rates

    Total approvals of all applications
    96.64%

    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
    53.05%

    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
    1745.0 3 $875,000 $291,667
    NA 4,325 $1,563,155,000 $361,423

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,328 $1,564,030,000 $361,375

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 212 $45,560,000 $214,906 $6,203 4.97%
    40-60% 458 $141,530,000 $309,017 $7,605 4.81%
    60-80% 1,067 $438,985,000 $411,420 $10,042 5.01%
    80-100% 2,112 $863,830,000 $409,010 $11,271 5.13%
    Over 100% 146 $65,210,000 $446,644 $20,502 4.87%
    Under 20% 333 $8,915,000 $26,772 $5,456 3.91%

    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%