Premier Financial Mortgage Rates, Fees & Info

New Holstein, WI

LEI: 549300NAKTEGLTFF0U82

Tax ID: 39-1020437

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Premier Financial is a smaller mortgage company specializing in Refi 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.

    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.

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    Originations

    141

    Origination Dollar Volume (All Markets)

    $10,675,000

    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 89 $7,465,000 $83,876 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 52 $3,210,000 $61,731 $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 141 $10,675,000 $75,709 $0 0.00%

    For 2018, Premier Financial's most frequently originated type of loan was Conventional, with 141 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 107 $8,385,000 $78,364 $0 0.00%
    Home Purchase 21 $1,825,000 $86,905 $0 0.00%
    Home Improvement 13 $465,000 $35,769 $0 0.00%

    For 2018, Premier Financial's most frequently cited loan purpose was Refi, with 107 originations. The 2nd most popular reason was Home Purchase, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 141 $10,675,000 $75,709 $0 0.00%

    For 2018, Premier Financial's most frequently cited loan duration was Other, with 141 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 114 $5,790,000 $50,789 $0 0.00%
    $100k-200k 22 $3,180,000 $144,545 $0 0.00%
    $200k-400k 4 $1,030,000 $257,500 $0 0.00%
    $600k-1MM 1 $675,000 $675,000 $0 0.00%

    2018 saw Premier Financial place emphasis on $100,000 or less loans with 114 originations, totaling $5,790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 56 $3,590,000 $64,107 $0 0.00%
    $50k-75k 37 $3,275,000 $88,514 $0 0.00%
    $150k-250k 15 $485,000 $32,333 $0 0.00%
    $100k-150k 12 $1,170,000 $97,500 $0 0.00%
    $75k-100k 9 $435,000 $48,333 $0 0.00%
    $250k+ 2 $900,000 $450,000 $0 0.00%

    Premier Financial lent most frequently to those with incomes in the $50k or less range, with 56 originations. The second most popular income band? $50k-75k, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 141 $10,675,000 $75,709 $0 0.00%

    Premier Financial lent most frequently to those with DTI ratios of Exempt%, with 141 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 133 $9,985,000 $75,075 $0 0.00%
    Not applicable 8 $690,000 $86,250 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.62%

    Premier Financial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.40%

    Premier Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 141 $10,675,000 $75,709

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 6 $270,000 $45,000
    Single Family (1-4 Units):Site-Built 135 $10,405,000 $77,074

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    PRIMARY RESIDENTIAL MORTGAGE VA mortgage Closing on a mortgage 1 5.9%
    PRIMARY RESIDENTIAL MORTGAGE Conventional home mortgage Struggling to pay mortgage 2 11.8%
    PRIMARY RESIDENTIAL MORTGAGE Conventional home mortgage Trouble during payment process 4 23.5%
    PRIMARY RESIDENTIAL MORTGAGE FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.9%
    PRIMARY RESIDENTIAL MORTGAGE FHA mortgage Closing on a mortgage 1 5.9%
    PRIMARY RESIDENTIAL MORTGAGE FHA mortgage Struggling to pay mortgage 4 23.5%
    PRIMARY RESIDENTIAL MORTGAGE FHA mortgage Trouble during payment process 2 11.8%
    PRIMARY RESIDENTIAL MORTGAGE Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.9%
    PRIMARY RESIDENTIAL MORTGAGE Other type of mortgage Struggling to pay mortgage 1 5.9%