Pcma Mortgage Rates, Fees & InfoLos Angeles, CA
Tax ID: 51-0654034
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewPcma is a smaller mortgage company specializing in Cash Out Refi loans. Pcma has a high proportion of conventional loans. Their top (well, only) market is Tampa.
Pcma 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.
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Origination Dollar Volume (All Markets)$38,045,000
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|
|Outside of Metro Areas||24||$37,310,000||$1,554,583||$55,359||5.19%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||1||$735,000||$735,000||$0||4.50%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Pcma's most frequently originated type of loan was Conventional, with 25 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||17||$29,625,000||$1,742,647||$54,746||4.45%|
For 2022, Pcma's most frequently cited loan purpose was Cash Out Refi, with 17 originations. The 2nd most popular reason was Home Purchase, with 6 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Pcma's most frequently cited loan duration was Other, with 25 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Pcma's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 18 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Pcma's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 7 originations.
|Loan Size||Originations||Total Value||Average Loan||Average Fees||Average Rate|
2022 saw Pcma place emphasis on $1MM+ loans with 18 originations, totaling $32,610,000 in origination value.
|Applicant Income||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|$50k or less||7||$6,515,000||$930,714||$48,507||5.06%|
Pcma lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $50k or less, with 7 originations.
Applicant Debt to Income Ratio
Pcma lent most frequently to those with DTI ratios of <20%, with 6 originations. The next most common DTI ratio? 49%, with 2 originations.
Approval RatesTotal approvals of all applications
Pcma has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Pcma 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|