Pcma Mortgage Rates, Fees & Info
Los Angeles, CALEI: 549300IIYO1S63GOQ040
Tax ID: 51-0654034
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Pcma is a smaller mortgage company specializing in Cash Out Refi loans. Pcma has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Francisco, Miami, Santa Maria, and San Jose among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)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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Originations
60Origination Dollar Volume (All Markets)
$88,560,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 19 | $23,795,000 | $1,252,368 | $42,562 | 3.91% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 13 | $16,975,000 | $1,305,769 | $44,667 | 4.09% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $8,780,000 | $1,463,333 | $51,258 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $7,595,000 | $2,531,667 | $48,301 | 4.08% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 5 | $7,575,000 | $1,515,000 | $47,466 | 4.37% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $4,280,000 | $2,140,000 | $49,503 | 4.63% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $3,505,000 | $3,505,000 | $82,927 | 4.13% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $2,835,000 | $2,835,000 | $0 | 3.99% |
| Outside of Metro Areas | 2 | $2,680,000 | $1,340,000 | $20,811 | 3.63% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $2,625,000 | $2,625,000 | $47,115 | 2.50% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $2,000,000 | $1,000,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $1,695,000 | $1,695,000 | $62,320 | 3.75% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $1,335,000 | $1,335,000 | $51,288 | 4.25% |
| NAPA, CA (FHA|USDA|VA) | 1 | $1,145,000 | $1,145,000 | $32,394 | 3.13% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $975,000 | $975,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $26,445 | 2.75% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $88,560,000 | $1,476,000 | $45,752 | 3.94% |
For 2021, Pcma's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2021, Pcma's most frequently cited loan purpose was Cash Out Refi, with 48 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $88,560,000 | $1,476,000 | $45,752 | 3.94% |
For 2021, Pcma's most frequently cited loan duration was Other, with 60 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $5k+ | 45 | $68,625,000 | $1,525,000 |
Pcma's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 45 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 19 | $32,995,000 | $1,736,579 |
| 4-5% | 14 | $21,440,000 | $1,531,429 |
| 2.5-3% | 2 | $2,380,000 | $1,190,000 |
| <2.5% | 1 | $2,625,000 | $2,625,000 |
| 5-6% | 1 | $1,945,000 | $1,945,000 |
During 2021, Pcma's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 19 originations.
Loan Sizing
2021 saw Pcma place emphasis on $1MM+ loans with 40 originations, totaling $73,680,000 in origination value.
Applicant Income
Pcma lent most frequently to those with incomes in the $250k+ range, with 28 originations. The second most popular income band? $50k or less, with 17 originations.
Applicant Debt to Income Ratio
Pcma lent most frequently to those with DTI ratios of <20%, with 8 originations. The next most common DTI ratio? 20-30%, with 5 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.03%
Pcma has an average approval rate.
Pick Rate
Approvals leading to origination-873.33%
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 |
|---|---|---|---|
| NA | 60 | $88,560,000 | $1,476,000 |