Premia Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300ISCZS1R0CJMO47

Tax ID: 26-3780954

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

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    • Review & Overview

    Premia Mortgage is a smaller mortgage company specializing in Home Purchase loans. Premia Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Detroit, Houston, Dallas, Charlotte, and Philadelphia among others. We have data for 292 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Premia Mortgage has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Premia Mortgage is typically a low 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 6.36% 12/3/24
    30 Year Conventional Refi 6.53% 12/3/24
    30 Year Cash-out Refi 6.91% 12/3/24
    30 Year FHA Purchase 7.10% 12/3/24
    30 Year VA Purchase 5.79% 12/3/24
    15 Year Conventional Purchase 5.47% 12/3/24
    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.

    Premia Mortgage Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Premia Mortgage. 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

    1,561

    Origination Dollar Volume (All Markets)

    $484,435,000
    Show all (26) 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
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 90 $26,790,000 $297,667 $2,774 4.46%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 71 $20,995,000 $295,704 $4,414 4.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 56 $19,010,000 $339,464 $3,633 4.30%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 49 $15,665,000 $319,694 $3,560 4.44%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 44 $15,560,000 $353,636 $5,083 4.12%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 45 $14,745,000 $327,667 $4,390 4.31%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 36 $14,520,000 $403,333 $5,204 4.31%
    HUNTSVILLE, AL (FHA|USDA|VA) 50 $12,600,000 $252,000 $5,224 4.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 35 $11,555,000 $330,143 $4,325 4.30%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 25 $11,295,000 $451,800 $4,356 4.34%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 39 $11,245,000 $288,333 $2,549 4.35%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 22 $9,550,000 $434,091 $7,473 4.27%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 28 $9,100,000 $325,000 $1,986 4.39%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 21 $7,835,000 $373,095 $4,038 4.38%
    TUCSON, AZ (FHA|USDA|VA) 27 $7,705,000 $285,370 $4,810 4.31%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 10 $7,660,000 $766,000 $5,844 4.29%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 16 $7,240,000 $452,500 $5,783 4.41%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 14 $6,600,000 $471,429 $3,088 4.22%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 18 $6,000,000 $333,333 $3,908 4.33%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 13 $5,535,000 $425,769 $5,725 4.19%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 11 $5,175,000 $470,455 $4,144 4.39%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 14 $5,150,000 $367,857 $2,936 4.49%
    Outside of Metro Areas 27 $5,085,000 $188,333 $3,340 4.50%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $4,865,000 $695,000 $9,229 4.16%
    RALEIGH-CARY, NC (FHA|USDA|VA) 15 $4,815,000 $321,000 $3,471 4.39%
    RICHMOND, VA (FHA|USDA|VA) 13 $4,645,000 $357,308 $2,508 4.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 16 $4,560,000 $285,000 $2,611 4.15%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 16 $4,310,000 $269,375 $2,740 4.23%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 6 $4,280,000 $713,333 $3,895 4.31%
    JACKSONVILLE, FL (FHA|USDA|VA) 13 $4,155,000 $319,615 $4,247 4.32%
    MIDLAND, TX (FHA|USDA|VA) 14 $4,110,000 $293,571 $3,841 4.13%
    BOISE CITY, ID (FHA|USDA|VA) 13 $3,755,000 $288,846 $3,133 4.35%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $3,605,000 $240,333 $3,149 4.36%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 13 $3,375,000 $259,615 $2,556 4.07%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 9 $3,375,000 $375,000 $3,289 4.11%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 9 $3,365,000 $373,889 $7,038 4.18%
    LOUISVILLE, KY (FHA|USDA|VA) 12 $3,270,000 $272,500 $3,697 4.20%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 10 $3,220,000 $322,000 $5,354 3.96%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 10 $3,060,000 $306,000 $3,056 4.30%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 4.63%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $2,995,000 $332,778 $4,690 4.33%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $2,630,000 $263,000 $3,502 3.99%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $2,570,000 $257,000 $3,650 3.93%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,425,000 $346,429 $5,996 4.36%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $2,420,000 $302,500 $4,516 4.37%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 8 $2,400,000 $300,000 $3,690 4.29%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 8 $2,330,000 $291,250 $1,907 4.17%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 7 $2,235,000 $319,286 $5,039 4.32%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $2,220,000 $370,000 $5,312 4.19%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $2,200,000 $366,667 $5,025 4.25%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $2,150,000 $358,333 $8,039 4.69%
    PITTSBURGH, PA (FHA|USDA|VA) 9 $2,125,000 $236,111 $4,980 4.30%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $2,095,000 $299,286 $5,901 4.43%
    TULSA, OK (FHA|USDA|VA) 8 $2,050,000 $256,250 $4,981 3.83%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 8 $2,020,000 $252,500 $2,435 4.31%
    SALT LAKE CITY, UT (FHA|USDA|VA) 7 $2,015,000 $287,857 $3,944 4.29%
    ANCHORAGE, AK (FHA|USDA|VA) 4 $2,010,000 $502,500 $3,539 4.25%
    TOLEDO, OH (FHA|USDA|VA) 8 $1,900,000 $237,500 $2,944 4.48%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $1,890,000 $472,500 $7,396 4.09%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,890,000 $315,000 $5,411 3.87%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 8 $1,780,000 $222,500 $3,121 4.55%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 8 $1,760,000 $220,000 $3,189 4.55%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $1,730,000 $432,500 $2,060 4.13%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 6 $1,710,000 $285,000 $5,097 4.50%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,680,000 $280,000 $2,472 4.23%
    JACKSON, MS (FHA|USDA|VA) 6 $1,650,000 $275,000 $3,142 4.31%
    COLUMBUS, OH (FHA|USDA|VA) 8 $1,640,000 $205,000 $3,743 4.20%
    ANN ARBOR, MI (FHA|USDA|VA) 5 $1,635,000 $327,000 $3,561 4.30%
    GREEN BAY, WI (FHA|USDA|VA) 5 $1,585,000 $317,000 $2,504 4.47%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $1,575,000 $315,000 $4,724 4.33%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 5 $1,515,000 $303,000 $4,020 4.40%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $1,455,000 $291,000 $5,321 4.00%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $1,395,000 $465,000 $0 4.42%
    EL PASO, TX (FHA|USDA|VA) 5 $1,395,000 $279,000 $2,817 4.25%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,390,000 $347,500 $9,905 4.16%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 7 $1,375,000 $196,429 $2,555 4.14%
    FRESNO, CA (FHA|USDA|VA) 4 $1,360,000 $340,000 $1,567 4.50%
    LAKE CHARLES, LA (FHA|USDA|VA) 4 $1,330,000 $332,500 $4,883 4.25%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,280,000 $320,000 $3,620 4.16%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,709 3.67%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,215,000 $243,000 $2,939 4.25%
    WICHITA, KS (FHA|USDA|VA) 5 $1,215,000 $243,000 $2,391 4.62%
    BLOOMINGTON, IN (FHA|USDA|VA) 4 $1,190,000 $297,500 $1,316 4.03%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $1,170,000 $292,500 $2,421 4.34%
    ROCHESTER, NY (FHA|USDA|VA) 5 $1,145,000 $229,000 $5,436 4.27%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,675 4.69%
    AMARILLO, TX (FHA|USDA|VA) 4 $1,120,000 $280,000 $5,292 4.34%
    BILLINGS, MT (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,429 3.84%
    WORCESTER, MA-CT (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,004 4.46%
    ASHEVILLE, NC (FHA|USDA|VA) 4 $1,100,000 $275,000 $5,786 4.09%
    TALLAHASSEE, FL (FHA|USDA|VA) 4 $1,020,000 $255,000 $4,227 4.44%
    Corning, NY (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,771 4.50%
    ELMIRA, NY (FHA|USDA|VA) 4 $980,000 $245,000 $3,323 4.34%
    COLUMBIA, SC (FHA|USDA|VA) 5 $935,000 $187,000 $2,435 3.98%
    MADISON, WI (FHA|USDA|VA) 3 $915,000 $305,000 $1,488 4.54%
    BOULDER, CO (FHA|USDA|VA) 2 $910,000 $455,000 $5,573 4.44%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $895,000 $298,333 $4,303 4.29%
    READING, PA (FHA|USDA|VA) 4 $880,000 $220,000 $4,856 3.94%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $875,000 $291,667 $4,357 4.33%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $865,000 $288,333 $5,044 4.13%
    SAVANNAH, GA (FHA|USDA|VA) 5 $865,000 $173,000 $3,008 4.33%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $860,000 $430,000 $3,012 4.19%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $850,000 $212,500 $2,597 4.22%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $845,000 $281,667 $7,221 4.42%
    FORT WAYNE, IN (FHA|USDA|VA) 4 $840,000 $210,000 $2,147 4.56%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $830,000 $415,000 $3,572 4.56%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $830,000 $207,500 $2,776 4.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $810,000 $202,500 $3,243 4.19%
    Fort Morgan, CO (FHA|USDA|VA) 2 $810,000 $405,000 $3,137 4.56%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $790,000 $395,000 $1,876 4.94%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 4 $770,000 $192,500 $3,250 4.34%
    BAKERSFIELD, CA (FHA|USDA|VA) 2 $770,000 $385,000 $4,232 4.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $745,000 $248,333 $6,057 4.54%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $735,000 $245,000 $4,204 4.88%
    ODESSA, TX (FHA|USDA|VA) 3 $715,000 $238,333 $6,180 4.13%
    PROVO-OREM, UT (FHA|USDA|VA) 2 $710,000 $355,000 $9,032 4.63%
    Ponca City, OK (FHA|USDA|VA) 3 $705,000 $235,000 $8,291 3.96%
    GREENVILLE, NC (FHA|USDA|VA) 2 $700,000 $350,000 $3,791 3.75%
    FLORENCE, SC (FHA|USDA|VA) 2 $690,000 $345,000 $5,215 5.13%
    Plymouth, IN (FHA|USDA|VA) 3 $685,000 $228,333 $1,235 4.38%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $685,000 $685,000 $0 4.63%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $665,000 $221,667 $4,046 3.71%
    BOWLING GREEN, KY (FHA|USDA|VA) 2 $650,000 $325,000 $2,399 4.13%
    AKRON, OH (FHA|USDA|VA) 2 $640,000 $320,000 $2,530 4.31%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $640,000 $320,000 $1,763 4.56%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $635,000 $635,000 $0 3.75%
    Camden, AR (FHA|USDA|VA) 3 $635,000 $211,667 $0 4.13%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $610,000 $305,000 $7,506 4.19%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $6,971 4.25%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $600,000 $300,000 $4,939 4.00%
    Dickinson, ND (FHA|USDA|VA) 3 $595,000 $198,333 $3,945 4.38%
    Bozeman, MT (FHA|USDA|VA) 2 $580,000 $290,000 $2,301 4.81%
    Austin, MN (FHA|USDA|VA) 2 $580,000 $290,000 $3,058 4.06%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $575,000 $191,667 $3,477 4.25%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $540,000 $270,000 $3,568 4.38%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $530,000 $265,000 $4,226 4.31%
    Roswell, NM (FHA|USDA|VA) 2 $520,000 $260,000 $7,864 4.56%
    LUBBOCK, TX (FHA|USDA|VA) 2 $520,000 $260,000 $3,077 4.56%
    VICTORIA, TX (FHA|USDA|VA) 2 $510,000 $255,000 $2,003 4.69%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $500,000 $250,000 $5,628 4.69%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $500,000 $250,000 $6,531 4.25%
    ROCKY MOUNT, NC (FHA|USDA|VA) 2 $500,000 $250,000 $3,022 4.63%
    MONROE, MI (FHA|USDA|VA) 2 $490,000 $245,000 $3,576 4.44%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $480,000 $240,000 $2,674 4.75%
    BISMARCK, ND (FHA|USDA|VA) 2 $470,000 $235,000 $2,829 3.69%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $455,000 $455,000 $5,868 3.88%
    LEBANON, PA (FHA|USDA|VA) 2 $450,000 $225,000 $3,496 4.06%
    VISALIA, CA (FHA|USDA|VA) 2 $440,000 $220,000 $4,503 4.94%
    Carroll, IA (FHA|USDA|VA) 2 $430,000 $215,000 $5,371 4.69%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $430,000 $215,000 $4,842 4.50%
    London, KY (FHA|USDA|VA) 2 $430,000 $215,000 $0 4.44%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $420,000 $210,000 $2,729 4.50%
    Lewisburg, PA (FHA|USDA|VA) 2 $420,000 $210,000 $6,713 4.44%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $410,000 $205,000 $3,356 3.81%
    FARGO, ND-MN (FHA|USDA|VA) 2 $410,000 $205,000 $3,266 4.00%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $405,000 $405,000 $6,332 3.88%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $385,000 $385,000 $1,996 3.75%
    STOCKTON, CA (FHA|USDA|VA) 1 $385,000 $385,000 $10,143 4.38%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $380,000 $190,000 $1,820 4.50%
    Salina, KS (FHA|USDA|VA) 2 $380,000 $190,000 $3,013 4.19%
    BEND, OR (FHA|USDA|VA) 1 $365,000 $365,000 $5,099 5.00%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $365,000 $365,000 $5,126 3.25%
    RAPID CITY, SD (FHA|USDA|VA) 1 $355,000 $355,000 $2,255 4.63%
    AMES, IA (FHA|USDA|VA) 1 $355,000 $355,000 $205 3.75%
    CHARLESTON, WV (FHA|USDA|VA) 1 $355,000 $355,000 $7,118 4.38%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $355,000 $355,000 $8,203 4.38%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.50%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $355,000 $355,000 $2,638 5.13%
    ROCKFORD, IL (FHA|USDA|VA) 2 $350,000 $175,000 $2,173 4.31%
    Natchez, MS-LA (FHA|USDA|VA) 1 $345,000 $345,000 $2,335 5.13%
    Findlay, OH (FHA|USDA|VA) 1 $345,000 $345,000 $2,913 5.13%
    Quincy, IL-MO (FHA|USDA|VA) 1 $345,000 $345,000 $0 3.50%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $335,000 $335,000 $3,970 4.63%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $335,000 $335,000 $1,974 3.50%
    TEXARKANA, TX-AR (FHA|USDA|VA) 2 $330,000 $165,000 $2,558 3.75%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $325,000 $325,000 $5,625 3.99%
    Ellensburg, WA (FHA|USDA|VA) 1 $325,000 $325,000 $1,628 5.25%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $325,000 $325,000 $5,525 4.50%
    Danville, KY (FHA|USDA|VA) 2 $320,000 $160,000 $5,285 4.75%
    Traverse City, MI (FHA|USDA|VA) 2 $320,000 $160,000 $3,304 4.69%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $320,000 $160,000 $2,286 4.38%
    Torrington, CT (FHA|USDA|VA) 1 $315,000 $315,000 $3,734 3.88%
    Keene, NH (FHA|USDA|VA) 1 $315,000 $315,000 $4,594 3.50%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.38%
    Stevens Point, WI (FHA|USDA|VA) 1 $315,000 $315,000 $5,673 5.63%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $315,000 $315,000 $1,247 4.13%
    Klamath Falls, OR (FHA|USDA|VA) 1 $315,000 $315,000 $5,897 4.50%
    Bay City, TX (FHA|USDA|VA) 2 $310,000 $155,000 $3,759 4.13%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $305,000 $305,000 $6,843 4.88%
    ROCHESTER, MN (FHA|USDA|VA) 1 $305,000 $305,000 $2,720 4.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,879 4.00%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $305,000 $305,000 $1,166 3.63%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $305,000 $305,000 $10,893 4.63%
    Bartlesville, OK (FHA|USDA|VA) 1 $305,000 $305,000 $3,626 4.88%
    Sturgis, MI (FHA|USDA|VA) 1 $305,000 $305,000 $2,509 3.88%
    El Dorado, AR (FHA|USDA|VA) 1 $295,000 $295,000 $10,048 4.50%
    Jefferson, GA (FHA|USDA|VA) 1 $295,000 $295,000 $11,177 4.88%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $295,000 $295,000 $6,992 5.50%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $295,000 $295,000 $8,084 3.88%
    Brainerd, MN (FHA|USDA|VA) 1 $295,000 $295,000 $8,084 5.50%
    Gillette, WY (FHA|USDA|VA) 1 $285,000 $285,000 $5,058 4.75%
    COLUMBUS, IN (FHA|USDA|VA) 1 $285,000 $285,000 $565 4.63%
    HAMMOND, LA (FHA|USDA|VA) 1 $285,000 $285,000 $5,837 4.25%
    RACINE, WI (FHA|USDA|VA) 1 $275,000 $275,000 $4,911 4.25%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $275,000 $275,000 $7,082 4.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $275,000 $275,000 $1,482 4.38%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $275,000 $275,000 $5,746 4.50%
    Clinton, IA (FHA|USDA|VA) 2 $270,000 $135,000 $0 4.00%
    Andrews, TX (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.13%
    Thomasville, GA (FHA|USDA|VA) 1 $265,000 $265,000 $5,696 3.63%
    Baraboo, WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,026 4.63%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,652 4.50%
    Sandusky, OH (FHA|USDA|VA) 2 $260,000 $130,000 $4,945 4.13%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $255,000 $255,000 $4,524 4.75%
    CHICO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $2,881 4.63%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,124 4.00%
    Uvalde, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,247 4.50%
    Searcy, AR (FHA|USDA|VA) 1 $255,000 $255,000 $4,461 4.75%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $3,957 3.38%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $245,000 $245,000 $1,460 4.63%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $2,773 3.75%
    Albertville, AL (FHA|USDA|VA) 1 $245,000 $245,000 $2,391 4.63%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $235,000 $235,000 $1,270 4.75%
    Shelby, NC (FHA|USDA|VA) 1 $235,000 $235,000 $5,263 4.99%
    Poplar Bluff, MO (FHA|USDA|VA) 1 $235,000 $235,000 $4,432 4.50%
    ROME, GA (FHA|USDA|VA) 1 $225,000 $225,000 $5,708 4.50%
    DUBUQUE, IA (FHA|USDA|VA) 1 $225,000 $225,000 $1,931 4.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $225,000 $225,000 $1,629 5.50%
    MORGANTOWN, WV (FHA|USDA|VA) 1 $225,000 $225,000 $4,782 3.25%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $225,000 $225,000 $5,133 3.88%
    Willmar, MN (FHA|USDA|VA) 1 $225,000 $225,000 $2,506 3.88%
    Mount Sterling, KY (FHA|USDA|VA) 1 $225,000 $225,000 $2,722 4.75%
    TOPEKA, KS (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.38%
    Greenville, MS (FHA|USDA|VA) 1 $215,000 $215,000 $904 4.63%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,026 3.88%
    ALEXANDRIA, LA (FHA|USDA|VA) 1 $215,000 $215,000 $3,256 4.75%
    Kinston, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,249 4.50%
    JACKSON, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,639 3.38%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,210 3.75%
    JONESBORO, AR (FHA|USDA|VA) 1 $205,000 $205,000 $1,163 3.63%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,272 4.25%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $205,000 $205,000 $2,202 3.88%
    FARMINGTON, NM (FHA|USDA|VA) 1 $205,000 $205,000 $3,214 4.63%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $195,000 $195,000 $5,922 4.25%
    IOWA CITY, IA (FHA|USDA|VA) 1 $195,000 $195,000 $1,320 4.75%
    Mount Vernon, OH (FHA|USDA|VA) 1 $195,000 $195,000 $1,441 4.38%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $195,000 $195,000 $5,622 4.75%
    Plattsburgh, NY (FHA|USDA|VA) 1 $195,000 $195,000 $4,732 4.13%
    Fort Payne, AL (FHA|USDA|VA) 1 $185,000 $185,000 $1,108 5.25%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $185,000 $185,000 $1,114 4.63%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $185,000 $185,000 $4,414 4.25%
    Burlington, IA-IL (FHA|USDA|VA) 1 $185,000 $185,000 $1,961 4.88%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,927 4.63%
    Columbus, MS (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.38%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $175,000 $175,000 $1,624 4.13%
    Williston, ND (FHA|USDA|VA) 1 $165,000 $165,000 $2,750 4.00%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $165,000 $165,000 $4,029 4.99%
    OWENSBORO, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,470 3.75%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $155,000 $155,000 $6,233 4.25%
    Moberly, MO (FHA|USDA|VA) 1 $155,000 $155,000 $1,622 4.50%
    Nacogdoches, TX (FHA|USDA|VA) 1 $155,000 $155,000 $1,689 4.88%
    DOVER, DE (FHA|USDA|VA) 1 $155,000 $155,000 $2,977 4.38%
    Bradford, PA (FHA|USDA|VA) 1 $155,000 $155,000 $2,845 4.38%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $155,000 $155,000 $1,247 4.00%
    MOBILE, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 3.75%
    DOTHAN, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.25%
    Wilson, NC (FHA|USDA|VA) 1 $145,000 $145,000 $1,845 4.63%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $145,000 $145,000 $4,942 4.88%
    NEW BERN, NC (FHA|USDA|VA) 1 $145,000 $145,000 $2,225 4.38%
    Ardmore, OK (FHA|USDA|VA) 1 $145,000 $145,000 $2,703 4.25%
    Moscow, ID (FHA|USDA|VA) 1 $135,000 $135,000 $1,261 4.75%
    JACKSON, TN (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.50%
    Bedford, IN (FHA|USDA|VA) 1 $135,000 $135,000 $4,864 5.00%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $7,061 6.13%
    HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,078 3.75%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,248 4.38%
    VALDOSTA, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,169 4.00%
    Glasgow, KY (FHA|USDA|VA) 1 $125,000 $125,000 $4,004 4.38%
    SAGINAW, MI (FHA|USDA|VA) 1 $125,000 $125,000 $1,709 3.88%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $115,000 $115,000 $1,390 3.75%
    Mason City, IA (FHA|USDA|VA) 1 $105,000 $105,000 $1,695 4.99%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $2,557 4.38%
    Berlin, NH (FHA|USDA|VA) 1 $105,000 $105,000 $2,711 4.13%
    Red Wing, MN (FHA|USDA|VA) 1 $85,000 $85,000 $1,575 5.88%
    Borger, TX (FHA|USDA|VA) 1 $75,000 $75,000 $2,818 3.88%
    Mount Gay-Shamrock, WV (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.63%
    FLINT, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.75%
    MIDLAND, MI (FHA|USDA|VA) 1 $75,000 $75,000 $1,587 4.13%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,037 4.50%
    Ottumwa, IA (FHA|USDA|VA) 1 $65,000 $65,000 $2,248 4.38%
    Fort Dodge, IA (FHA|USDA|VA) 1 $55,000 $55,000 $2,044 4.50%
    Duncan, OK (FHA|USDA|VA) 1 $55,000 $55,000 $4,243 4.88%
    Premia Mortgage's top markets include Detroit, Houston, Dallas, Charlotte, and Philadelphia among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,321 $413,555,000 $313,062 $3,661 4.29%
    VA 140 $46,260,000 $330,429 $7,021 4.20%
    FHA 100 $24,620,000 $246,200 $7,490 4.67%

    For 2018, Premia Mortgage's most frequently originated type of loan was Conventional, with 1,321 originations. Their 2nd most popular type was VA, with 140 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,557 $483,665,000 $310,639 $3,969 4.31%
    Cash Out Refi 3 $615,000 $205,000 $2,724 4.33%
    Refi 1 $155,000 $155,000 $4,416 4.88%

    For 2018, Premia Mortgage's most frequently cited loan purpose was Home Purchase, with 1,557 originations. The 2nd most popular reason was Cash Out Refi, with 3 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,326 $426,620,000 $321,735 $4,059 4.38%
    15 Year 208 $50,520,000 $242,885 $3,453 3.86%
    20 Year 20 $5,740,000 $287,000 $4,101 4.30%
    10 Year 6 $950,000 $158,333 $4,256 3.73%
    Other 1 $605,000 $605,000 $0 4.63%

    For 2018, Premia Mortgage's most frequently cited loan duration was 30 Year, with 1,326 originations. The 2nd most popular length was 15 Year, with 208 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 477 $139,615,000 $292,694
    $2k-3k 150 $35,830,000 $238,867
    $3k-4k 137 $41,705,000 $304,416
    $1k-2k 124 $30,180,000 $243,387
    $4k-5k 83 $32,125,000 $387,048
    $5k+ 75 $39,625,000 $528,333

    Premia Mortgage's average total fees were $4,059, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 477 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 947 $300,015,000 $316,806
    3-4% 507 $153,395,000 $302,554
    5-6% 94 $26,610,000 $283,085
    2.5-3% 9 $3,355,000 $372,778
    6-7% 3 $605,000 $201,667
    <2.5% 1 $455,000 $455,000

    During 2018, Premia Mortgage's average interest rate for loans was 4.38%, while their most frequently originated rate bucket for loans was 4-5%, with 947 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 931 $269,165,000 $289,114 $3,959 4.30%
    $100k-200k 289 $46,745,000 $161,747 $3,320 4.35%
    $400k-600k 243 $111,635,000 $459,403 $4,831 4.29%
    $600k-1MM 59 $41,305,000 $700,085 $8,429 4.33%
    $100,000 or less 31 $2,305,000 $74,355 $2,481 4.48%
    $1MM+ 8 $13,280,000 $1,660,000 $0 4.13%

    2018 saw Premia Mortgage place emphasis on $200k-400k loans with 931 originations, totaling $269,165,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 621 $182,015,000 $293,100 $3,887 4.28%
    $150k-250k 423 $158,105,000 $373,771 $4,298 4.22%
    $75k-100k 341 $81,445,000 $238,842 $3,794 4.42%
    $50k-75k 108 $19,800,000 $183,333 $3,595 4.46%
    $250k+ 60 $42,100,000 $701,667 $4,892 4.21%
    $50k or less 8 $970,000 $121,250 $3,176 5.05%

    Premia Mortgage lent most frequently to those with incomes in the $100k-150k range, with 621 originations. The second most popular income band? $150k-250k, with 423 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 391 $115,145,000 $294,488 $3,621 4.27%
    30-36% 303 $95,255,000 $314,373 $3,977 4.33%
    <20% 143 $31,495,000 $220,245 $3,500 4.21%
    42% 62 $24,580,000 $396,452 $3,916 4.43%
    43% 59 $17,705,000 $300,085 $4,513 4.35%
    38% 57 $20,675,000 $362,719 $3,982 4.31%
    41% 54 $20,610,000 $381,667 $4,402 4.34%
    44% 51 $14,795,000 $290,098 $4,568 4.45%
    50-60% 51 $16,705,000 $327,549 $7,133 4.36%
    48% 50 $16,590,000 $331,800 $4,545 4.26%
    39% 49 $16,295,000 $332,551 $4,059 4.44%
    40% 47 $14,485,000 $308,191 $3,686 4.39%
    37% 43 $15,255,000 $354,767 $4,110 4.23%
    45% 42 $13,010,000 $309,762 $3,936 4.41%
    36% 42 $14,090,000 $335,476 $3,758 4.20%
    46% 41 $12,945,000 $315,732 $3,834 4.27%
    47% 37 $11,955,000 $323,108 $4,316 4.30%
    49% 37 $12,345,000 $333,649 $4,113 4.32%
    >60% 2 $500,000 $250,000 $0 4.13%

    Premia Mortgage lent most frequently to those with DTI ratios of 20-30%, with 391 originations. The next most common DTI ratio? 30-36%, with 303 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,069 $325,515,000 $304,504 $3,937 4.31%
    Not provided 326 $106,290,000 $326,043 $4,005 4.32%
    Asian 99 $31,495,000 $318,131 $4,010 4.20%
    Black 59 $18,515,000 $313,814 $4,280 4.43%
    American Indian 6 $2,080,000 $346,667 $2,876 4.29%
    Native Hawaiian or Islander 1 $325,000 $325,000 $5,578 3.99%
    Other Asian 1 $215,000 $215,000 $3,494 4.63%

    Approval Rates

    Total approvals of all applications
    82.73%

    Premia Mortgage has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    93.21%

    Premia Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,561 $484,435,000 $310,336

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $655,000 $218,333
    Single Family (1-4 Units):Site-Built 1,558 $483,780,000 $310,513

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 54 $9,770,000 $180,926 $3,003 3.92%
    40-60% 115 $30,075,000 $261,522 $3,381 4.10%
    60-80% 601 $207,215,000 $344,784 $3,872 4.28%
    80-100% 764 $229,640,000 $300,576 $4,228 4.40%
    Over 100% 22 $7,380,000 $335,455 $6,138 4.07%
    Under 20% 5 $355,000 $71,000 $3,348 4.07%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    PREMIUM MORTGAGE CORP VA mortgage Closing on a mortgage 1 100.0%