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Paramount Bank

Bank|Hazelwood, MO|Near-National
Loans Originated
533
Applications
891
Volume
$192 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Sound
Safe Rate AwardsFHA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.217%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,941
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
59.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Particularly strong in FHA and VA loans
  • Nationwide availability with consistent service

Report Card

Paramount Bank performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundNear-National · 9 metro areas · 33 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$361,585
Average Borrower Income
$163,910
Average Property Value
$486,520

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Acceptable
37570.4%+0.214%$1,856
FHA Loans
Strong
Strong
Strong
Sound
9618.0%+0.442%$2,069
VA Loans
Strong
Strong
N/A
Strong
489.0%-0.456%$3,332

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Acceptable
46386.9%+0.229%$1,915
Refinance
Sound
Sound
Sound
Acceptable
7013.1%+0.149%$2,086

Geographic Coverage

Metro Areas
8
States Served
33
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
St. Louis, MO, MO-ILMSA
Volume: 243Mix: 45.59%
Place Specialization
Exceptional
2
Myrtle Beach, SCMSA
Volume: 17Mix: 3.19%
Place Specialization
Sound
3
Charlotte, NC-SCMSA
Volume: 16Mix: 3.00%
Place Specialization
Sound
4
Arlington, VA-WVMSA
Volume: 14Mix: 2.63%
Place Specialization
Sound
5
Kansas City, MO, MO-KSMSA
Volume: 13Mix: 2.44%
Place Specialization
Sound
6
Chicago, ILMSA
Volume: 12Mix: 2.25%
Place Specialization
Sound
7
Tampa, FL, FLMSA
Volume: 11Mix: 2.06%
Place Specialization
Sound
8
Oakland, CAMSA
Volume: 10Mix: 1.88%
Place Specialization
Sound

Top States by Place Specialization Score

1
MOState
Volume: 231Mix: 43.34%
Place Specialization
Strong
2
ILState
Volume: 48Mix: 9.01%
Place Specialization
Sound
3
NCState
Volume: 39Mix: 7.32%
Place Specialization
Sound
4
SCState
Volume: 27Mix: 5.07%
Place Specialization
Sound
5
CAState
Volume: 28Mix: 5.25%
Place Specialization
Sound
6
ORState
Volume: 14Mix: 2.63%
Place Specialization
Sound
7
FLState
Volume: 23Mix: 4.32%
Place Specialization
Sound
8
VAState
Volume: 14Mix: 2.63%
Place Specialization
Sound
9
WAState
Volume: 12Mix: 2.25%
Place Specialization
Sound
10
NVState
Volume: 10Mix: 1.88%
Place Specialization
Sound
Showing 10 of 11 states

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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