Pacific Residential Mortgage Rates, Fees & Info

LAKE OSWEGO, OR

LEI: 549300TUQC6OYE8A0Y96

Tax ID: 11-3714032

1.1 stars - Updated: 2/19/24 - out of 5 stars, based on 46 reviews

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

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Mortgage Data

Review & Overview

Pacific Residential Mortgage is a smaller mortgage company specializing in Home Purchase loans. Pacific Residential Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Portland, Phoenix, Salem, Salt Lake City, and Sacramento among others. We have data for 129 markets. (Some data included below & more in-depth data is available with an active subscription.)

Pacific Residential Mortgage 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. Pacific Residential Mortgage is typically a high 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
Home Equity Line of Credit (HELOC) 6.27% 2/19/24
30 Year Conventional Purchase 6.76% 2/19/24
30 Year Conventional Refi 6.60% 2/19/24
30 Year Cash-out Refi 6.91% 2/19/24
30 Year FHA Purchase 7.62% 2/19/24
30 Year FHA Refi 6.87% 2/19/24
30 Year VA Purchase 6.38% 2/19/24
30 Year VA Refi 6.00% 2/19/24
30 Year USDA Purchase 6.63% 2/19/24
15 Year Conventional Purchase 7.16% 2/19/24
15 Year Conventional Refi 6.19% 2/19/24
15 Year Cash-out Refi 6.19% 2/19/24
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.

Pacific Residential Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Pacific Residential 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

2,144

Origination Dollar Volume (All Markets)

$761,080,000

Relative Rate

Pacific Residential Mortgage's average 30 year fixed mortgage rate was 5.13%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.37%.

Relative Fees (Closing Costs)

Pacific Residential Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $9,306.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

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
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 590 $244,800,000 $414,915 $8,983 4.83%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 204 $70,140,000 $343,824 $9,308 5.09%
SALEM, OR (FHA|USDA|VA) 175 $64,145,000 $366,543 $9,740 5.04%
SALT LAKE CITY, UT (FHA|USDA|VA) 153 $53,645,000 $350,621 $9,485 6.06%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 84 $37,030,000 $440,833 $9,305 5.10%
BOISE CITY, ID (FHA|USDA|VA) 107 $35,305,000 $329,953 $8,563 5.15%
ALBANY-LEBANON, OR (FHA|USDA|VA) 77 $23,865,000 $309,935 $9,693 5.08%
Outside of Metro Areas 77 $20,965,000 $272,273 $8,383 4.84%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 21 $12,705,000 $605,000 $8,147 4.43%
STOCKTON, CA (FHA|USDA|VA) 30 $11,170,000 $372,333 $7,544 4.56%
CORVALLIS, OR (FHA|USDA|VA) 27 $11,005,000 $407,593 $9,532 5.29%
BEND, OR (FHA|USDA|VA) 27 $10,875,000 $402,778 $10,017 4.66%
MEDFORD, OR (FHA|USDA|VA) 34 $10,860,000 $319,412 $8,643 4.42%
IDAHO FALLS, ID (FHA|USDA|VA) 42 $9,920,000 $236,190 $8,124 5.21%
MOBILE, AL (FHA|USDA|VA) 61 $9,045,000 $148,279 $6,338 5.58%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 25 $8,935,000 $357,400 $9,775 5.35%
PROVO-OREM, UT (FHA|USDA|VA) 18 $7,210,000 $400,556 $9,972 5.30%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 21 $6,585,000 $313,571 $8,486 4.80%
Bozeman, MT (FHA|USDA|VA) 11 $5,915,000 $537,727 $8,226 4.56%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 26 $5,620,000 $216,154 $8,474 5.17%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 8 $5,350,000 $668,750 $15,736 5.80%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 12 $4,900,000 $408,333 $9,146 5.37%
Winnemucca, NV (FHA|USDA|VA) 20 $4,850,000 $242,500 $9,463 5.49%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $3,570,000 $446,250 $11,832 5.14%
GRANTS PASS, OR (FHA|USDA|VA) 10 $3,550,000 $355,000 $10,415 4.90%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $3,465,000 $495,000 $7,701 5.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 11 $3,035,000 $275,909 $6,676 6.31%
Elko, NV (FHA|USDA|VA) 13 $2,925,000 $225,000 $8,964 5.35%
RENO, NV (FHA|USDA|VA) 7 $2,685,000 $383,571 $9,507 5.45%
Ontario, OR-ID (FHA|USDA|VA) 9 $2,465,000 $273,889 $7,562 4.14%
TUCSON, AZ (FHA|USDA|VA) 8 $2,460,000 $307,500 $8,474 6.45%
Mountain Home, ID (FHA|USDA|VA) 9 $2,305,000 $256,111 $6,879 5.32%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $2,215,000 $443,000 $7,849 5.40%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $2,155,000 $718,333 $9,688 5.00%
Blackfoot, ID (FHA|USDA|VA) 8 $1,740,000 $217,500 $8,314 5.20%
Coos Bay, OR (FHA|USDA|VA) 5 $1,655,000 $331,000 $8,524 3.87%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,580,000 $395,000 $11,731 5.81%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,560,000 $390,000 $10,489 5.06%
LONGVIEW, WA (FHA|USDA|VA) 6 $1,460,000 $243,333 $7,277 4.44%
Roseburg, OR (FHA|USDA|VA) 6 $1,450,000 $241,667 $9,979 5.17%
Klamath Falls, OR (FHA|USDA|VA) 7 $1,445,000 $206,429 $8,603 3.41%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,390,000 $231,667 $8,302 5.52%
Rexburg, ID (FHA|USDA|VA) 8 $1,390,000 $173,750 $7,779 5.53%
Newport, OR (FHA|USDA|VA) 5 $1,325,000 $265,000 $6,982 4.45%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $1,305,000 $435,000 $8,089 5.75%
The Dalles, OR (FHA|USDA|VA) 4 $1,240,000 $310,000 $7,371 4.63%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,170,000 $292,500 $12,110 5.16%
YUBA CITY, CA (FHA|USDA|VA) 3 $1,145,000 $381,667 $8,402 4.33%
Prineville, OR (FHA|USDA|VA) 3 $1,065,000 $355,000 $12,413 5.08%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 8 $1,000,000 $125,000 $5,386 6.84%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $980,000 $490,000 $8,785 5.56%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $950,000 $475,000 $9,056 3.44%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $900,000 $90,000 $4,802 2.36%
FORT COLLINS, CO (FHA|USDA|VA) 2 $900,000 $450,000 $8,030 6.63%
Ellensburg, WA (FHA|USDA|VA) 2 $890,000 $445,000 $11,275 5.31%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $870,000 $217,500 $8,875 4.94%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $845,000 $281,667 $5,585 3.96%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $825,000 $275,000 $7,152 6.46%
Outside of Metro Areas 2 $820,000 $410,000 $14,696 7.19%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $800,000 $400,000 $5,427 3.75%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $800,000 $400,000 $12,679 6.13%
FRESNO, CA (FHA|USDA|VA) 4 $790,000 $197,500 $7,051 4.38%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $780,000 $390,000 $6,590 5.69%
Oak Harbor, WA (FHA|USDA|VA) 2 $650,000 $325,000 $5,439 4.06%
Burley, ID (FHA|USDA|VA) 1 $645,000 $645,000 $18,889 3.13%
SALINAS, CA (FHA|USDA|VA) 1 $635,000 $635,000 $13,011 5.50%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $625,000 $625,000 $13,991 5.00%
Palatka, FL (FHA|USDA|VA) 2 $580,000 $290,000 $6,834 6.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $565,000 $565,000 $13,636 5.88%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $525,000 $525,000 $18,374 6.63%
Astoria, OR (FHA|USDA|VA) 2 $520,000 $260,000 $4,825 5.75%
ST. GEORGE, UT (FHA|USDA|VA) 2 $510,000 $255,000 $5,030 4.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $505,000 $505,000 $7,048 4.38%
Menomonie, WI (FHA|USDA|VA) 3 $495,000 $165,000 $6,236 5.25%
CHICO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $7,098 6.13%
GREAT FALLS, MT (FHA|USDA|VA) 2 $470,000 $235,000 $5,107 4.94%
Pullman, WA (FHA|USDA|VA) 1 $465,000 $465,000 $3,377 5.99%
Show Low, AZ (FHA|USDA|VA) 1 $445,000 $445,000 $6,078 3.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $435,000 $145,000 $6,969 6.04%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $425,000 $425,000 $4,974 5.88%
KNOXVILLE, TN (FHA|USDA|VA) 1 $425,000 $425,000 $12,112 6.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $420,000 $210,000 $5,536 6.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $410,000 $205,000 $6,650 6.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $405,000 $405,000 $13,188 6.63%
Centralia, WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,611 4.25%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $385,000 $385,000 $7,192 6.88%
DALTON, GA (FHA|USDA|VA) 1 $375,000 $375,000 $12,210 6.63%
MODESTO, CA (FHA|USDA|VA) 1 $375,000 $375,000 $16,192 7.00%
Shelton, WA (FHA|USDA|VA) 1 $375,000 $375,000 $10,970 5.88%
Brookings, OR (FHA|USDA|VA) 1 $375,000 $375,000 $8,102 5.75%
Crescent City, CA (FHA|USDA|VA) 1 $365,000 $365,000 $13,148 3.75%
BILLINGS, MT (FHA|USDA|VA) 1 $365,000 $365,000 $11,100 3.12%
Sandpoint, ID (FHA|USDA|VA) 1 $355,000 $355,000 $12,199 5.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $355,000 $355,000 $15,940 7.13%
Kalispell, MT (FHA|USDA|VA) 1 $335,000 $335,000 $5,593 5.25%
VALLEJO, CA (FHA|USDA|VA) 1 $325,000 $325,000 $12,990 6.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $315,000 $315,000 $8,429 3.00%
Ashtabula, OH (FHA|USDA|VA) 1 $315,000 $315,000 $10,315 6.88%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,619 6.13%
LOGAN, UT-ID (FHA|USDA|VA) 2 $310,000 $155,000 $6,934 6.75%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $305,000 $305,000 $13,617 5.25%
Salem, OH (FHA|USDA|VA) 1 $305,000 $305,000 $7,014 7.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,492 4.25%
TWIN FALLS, ID (FHA|USDA|VA) 1 $295,000 $295,000 $7,934 6.13%
PITTSBURGH, PA (FHA|USDA|VA) 1 $295,000 $295,000 $6,861 7.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $295,000 $295,000 $9,719 6.63%
GREEN BAY, WI (FHA|USDA|VA) 1 $285,000 $285,000 $4,837 6.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $275,000 $275,000 $4,505 7.38%
Safford, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $2,383 6.63%
Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $255,000 $255,000 $8,092 3.75%
WALLA WALLA, WA (FHA|USDA|VA) 1 $245,000 $245,000 $5,754 3.99%
Picayune, MS (FHA|USDA|VA) 2 $240,000 $120,000 $5,670 2.44%
Evanston, WY (FHA|USDA|VA) 1 $235,000 $235,000 $7,228 5.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $225,000 $225,000 $7,499 6.50%
PANAMA CITY, FL (FHA|USDA|VA) 1 $225,000 $225,000 $6,811 5.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $195,000 $195,000 $245 5.25%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $195,000 $195,000 $3,365 7.63%
OCALA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $7,873 7.13%
LONGVIEW, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,843 5.50%
Fernley, NV (FHA|USDA|VA) 1 $165,000 $165,000 $7,739 7.00%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,144 5.13%
La Grande, OR (FHA|USDA|VA) 1 $165,000 $165,000 $5,945 5.63%
CARSON CITY, NV (FHA|USDA|VA) 1 $155,000 $155,000 $7,458 7.63%
Clearlake, CA (FHA|USDA|VA) 2 $130,000 $65,000 $4,209 1.94%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $125,000 $125,000 $7,064 5.50%
Payson, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $3,720 5.99%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,390 4.63%
Hood River, OR (FHA|USDA|VA) 1 $85,000 $85,000 $4,281 5.25%
AMARILLO, TX (FHA|USDA|VA) 1 $85,000 $85,000 $6,529 6.13%
Pacific Residential Mortgage's top markets include Portland, Phoenix, Salem, Salt Lake City, and Sacramento among others.

Their top states include:
  • Oregon (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,610 $569,640,000 $353,814 $7,433 5.08%
    FHA 400 $139,680,000 $349,200 $14,095 5.24%
    VA 118 $47,680,000 $404,068 $11,674 4.81%
    USDA 16 $4,080,000 $255,000 $8,683 4.84%

    For 2022, Pacific Residential Mortgage's most frequently originated type of loan was Conventional, with 1,610 originations. Their 2nd most popular type was FHA, with 400 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,684 $601,680,000 $357,292 $9,175 5.25%
    Cash Out Refi 364 $126,830,000 $348,434 $8,293 4.62%
    Refi 96 $32,570,000 $339,271 $6,817 4.13%

    For 2022, Pacific Residential Mortgage's most frequently cited loan purpose was Home Purchase, with 1,684 originations. The 2nd most popular reason was Cash Out Refi, with 364 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,001 $739,495,000 $369,563 $9,306 5.13%
    15 Year 63 $12,835,000 $203,730 $4,528 4.64%
    10 Year 48 $660,000 $13,750 $226 5.07%
    20 Year 23 $6,425,000 $279,348 $7,391 4.61%
    Other 6 $1,370,000 $228,333 $4,579 2.50%
    3 Year 2 $20,000 $10,000 $3 0.00%
    1 Year 1 $275,000 $275,000 $0 6.00%

    For 2022, Pacific Residential Mortgage's most frequently cited loan duration was 30 Year, with 2,001 originations. The 2nd most popular length was 15 Year, with 63 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 889 $372,395,000 $418,892
    $1k-2k 300 $112,710,000 $375,700
    $3k-4k 295 $93,625,000 $317,373
    $4k-5k 270 $92,940,000 $344,222
    $2k-3k 245 $80,755,000 $329,612
    $<1k 145 $8,655,000 $59,690

    Pacific Residential Mortgage's average total fees were $9,306, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 889 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 617 $234,895,000 $380,705
    4-5% 467 $171,765,000 $367,805
    3-4% 451 $171,095,000 $379,368
    6-7% 370 $129,700,000 $350,541
    7-8% 127 $37,105,000 $292,165
    <2.5% 46 $2,730,000 $59,348
    2.5-3% 38 $13,360,000 $351,579
    Over 8% 28 $430,000 $15,357

    During 2022, Pacific Residential Mortgage's average interest rate for loans was 5.13%, while their most frequently originated rate bucket for loans was 5-6%, with 617 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 938 $289,220,000 $308,337 $8,971 5.05%
    $400k-600k 694 $331,560,000 $477,752 $10,727 5.15%
    $100k-200k 218 $34,080,000 $156,330 $6,090 5.16%
    $100,000 or less 146 $3,520,000 $24,110 $760 5.13%
    $600k-1MM 141 $94,025,000 $666,844 $12,241 4.96%
    $1MM+ 7 $8,675,000 $1,239,286 $13,191 4.80%

    2022 saw Pacific Residential Mortgage place emphasis on $200k-400k loans with 938 originations, totaling $289,220,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 615 $241,035,000 $391,927 $9,731 5.19%
    $75k-100k 502 $157,650,000 $314,044 $9,035 5.09%
    $50k-75k 427 $111,515,000 $261,159 $8,026 5.05%
    $150k-250k 328 $157,190,000 $479,238 $9,347 5.16%
    $250k+ 136 $71,220,000 $523,676 $9,383 5.12%
    $50k or less 135 $22,105,000 $163,741 $6,147 4.62%

    Pacific Residential Mortgage lent most frequently to those with incomes in the $100k-150k range, with 615 originations. The second most popular income band? $75k-100k, with 502 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 328 $120,300,000 $366,768 $8,308 4.96%
    20-30% 270 $88,620,000 $328,222 $7,336 4.87%
    42% 126 $45,880,000 $364,127 $8,948 5.01%
    50-60% 126 $47,070,000 $373,571 $14,052 5.49%
    49% 124 $41,840,000 $337,419 $9,854 5.15%
    48% 116 $44,430,000 $383,017 $10,261 5.18%
    44% 116 $42,500,000 $366,379 $8,465 5.08%
    43% 112 $39,730,000 $354,732 $9,230 5.36%
    47% 105 $35,835,000 $341,286 $9,518 5.40%
    45% 98 $33,520,000 $342,041 $8,902 5.32%
    46% 96 $34,590,000 $360,313 $10,476 5.30%
    41% 95 $32,675,000 $343,947 $7,665 4.97%
    <20% 88 $26,260,000 $298,409 $5,969 4.71%
    39% 84 $30,710,000 $365,595 $8,704 5.34%
    40% 68 $26,460,000 $389,118 $8,465 4.92%
    36% 67 $26,225,000 $391,418 $8,741 4.83%
    38% 62 $21,120,000 $340,645 $8,468 4.86%
    37% 59 $21,815,000 $369,746 $8,259 5.33%
    >60% 4 $1,500,000 $375,000 $14,961 4.88%

    Pacific Residential Mortgage lent most frequently to those with DTI ratios of 30-36%, with 328 originations. The next most common DTI ratio? 20-30%, with 270 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,734 $615,110,000 $354,735 $8,909 5.08%
    Not provided 213 $80,895,000 $379,789 $9,334 5.10%
    Asian 61 $26,375,000 $432,377 $8,792 5.06%
    Black 88 $24,710,000 $280,795 $8,181 5.30%
    American Indian 37 $10,745,000 $290,405 $8,989 4.92%
    Native Hawaiian or Islander 11 $3,245,000 $295,000 $9,032 5.72%

    Approval Rates

    Total approvals of all applications
    97.49%

    Pacific Residential Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    60.12%

    Pacific Residential Mortgage 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 2,144 $761,080,000 $354,981

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,144 $761,080,000 $354,981

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 87 $18,815,000 $216,264 $5,836 4.86%
    40-60% 252 $78,410,000 $311,151 $7,083 4.86%
    60-80% 600 $240,030,000 $400,050 $8,870 5.00%
    80-100% 1,042 $409,350,000 $392,850 $10,491 5.24%
    Over 100% 26 $11,400,000 $438,462 $19,457 4.63%
    Under 20% 137 $3,075,000 $22,445 $441 5.05%