Premier Financial Mortgage Rates, Fees & Info

New Holstein, WI

LEI: 549300NAKTEGLTFF0U82

Tax ID: 39-1020437

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Mortgage Data

Review & Overview

Premier Financial is a smaller mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. Premier Financial has a high proportion of conventional loans. Their top (well, only) market is Appleton.

Premier Financial 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

66

Origination Dollar Volume (All Markets)

$8,700,000

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
Outside of Metro Areas 34 $4,730,000 $139,118 $0 0.00%
APPLETON, WI (FHA|USDA|VA) 32 $3,970,000 $124,063 $0 0.00%
Premier Financial's top markets include and Appleton among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 66 $8,700,000 $131,818 $0 0.00%

    For 2024, Premier Financial's most frequently originated type of loan was Conventional, with 66 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 25 $2,385,000 $95,400 $0 0.00%
    Refi 22 $2,760,000 $125,455 $0 0.00%
    Home Purchase 13 $2,675,000 $205,769 $0 0.00%
    Home Improvement 5 $805,000 $161,000 $0 0.00%
    Other 1 $75,000 $75,000 $0 0.00%

    For 2024, Premier Financial's most frequently cited loan purpose was Cash Out Refi, with 25 originations. The 2nd most popular reason was Refi, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 66 $8,700,000 $131,818 $0 0.00%

    For 2024, Premier Financial's most frequently cited loan duration was Other, with 66 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 44 $2,440,000 $55,455 $0 0.00%
    $200k-400k 11 $3,465,000 $315,000 $0 0.00%
    $100k-200k 8 $1,190,000 $148,750 $0 0.00%
    $400k-600k 2 $990,000 $495,000 $0 0.00%
    $600k-1MM 1 $615,000 $615,000 $0 0.00%

    2024 saw Premier Financial place emphasis on $100,000 or less loans with 44 originations, totaling $2,440,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 21 $1,935,000 $92,143 $0 0.00%
    $100k-150k 15 $2,205,000 $147,000 $0 0.00%
    $75k-100k 11 $1,185,000 $107,727 $0 0.00%
    $50k-75k 7 $955,000 $136,429 $0 0.00%
    $150k-250k 6 $960,000 $160,000 $0 0.00%
    $250k+ 3 $735,000 $245,000 $0 0.00%

    Premier Financial lent most frequently to those with incomes in the $50k or less range, with 21 originations. The second most popular income band? $100k-150k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 66 $8,700,000 $131,818 $0 0.00%

    Premier Financial lent most frequently to those with DTI ratios of Exempt%, with 66 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 63 $7,975,000 $126,587 $0 0.00%
    Not applicable 3 $725,000 $241,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.05%

    Premier Financial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.30%

    Premier Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 66 $8,700,000 $131,818

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    66 $8,700,000 $131,818