We analyzed every closed loan from Paramount Bank — 533 loans across 891 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Sound
3/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Strong
4/5
FHA · Conventional · VA
Place
Sound
3/5
Near-National · 8 mkts
Summary
What They Do Well
- Particularly strong in FHA and VA loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
Paramount Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+21.7 bps above market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Strong
Top 40% of lenders
VA
Strong
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Top 60% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Near-National · 9 markets
Sound
Top 60% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 375 | 70.4% | +0.214%Above | $1,856Fees | ||||
FHA Loans | 96 | 18.0% | +0.442%Above | $2,069Fees | ||||
VA Loans | — | 48 | 9.0% | -0.456%Below | $3,332Fees |
Conventional
OverallSound
ProductSound
PricingSound
Pull ThroughAcceptable
Volume375
Mix70.4%
Spread
+0.214%Above
Fees
$1,856Fees
FHA Loans
OverallSound
ProductStrong
PricingStrong
Pull ThroughSound
Volume96
Mix18.0%
Spread
+0.442%Above
Fees
$2,069Fees
VA Loans
OverallStrong
ProductStrong
Pricing—
Pull ThroughStrong
Volume48
Mix9.0%
Spread
-0.456%Below
Fees
$3,332Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 463 | 86.9% | +0.229%Above | $1,915Fees | ||||
Refinance | 70 | 13.1% | +0.149%Above | $2,086Fees |
Purchase
OverallSound
ProductSound
PricingSound
Pull ThroughAcceptable
Volume463
Mix86.9%
Spread
+0.229%Above
Fees
$1,915Fees
Refinance
OverallSound
ProductSound
PricingSound
Pull ThroughAcceptable
Volume70
Mix13.1%
Spread
+0.149%Above
Fees
$2,086Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
533
Applications
891
Volume
$192 million
Pricing & Closing
Avg Rate Spread
+0.217%
vs. market APOR
Avg Net Fees
$1,941
Origination − Credits
Pullthrough Rate
59.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$361,585
Avg Borrower Income
$163,910
Avg Property Value
$486,520
Geographic Coverage
Geographic Performance
Metro Areas
8
markets with activity
States Served
33
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
33Northeast4
MANJNYVT
Midwest9
IAILINKSMIMNMOOHWI
South12
ALARDCFLGAMDMSNCSCTNTXVA
West8
AZCAHINMNVORWAWY
Top Metro Areas by Place Specialization Score
Volume 243Mix 45.59% of portfolio
82/100
Exceptional
Volume 17Mix 3.19% of portfolio
50/100
Sound
Volume 16Mix 3.00% of portfolio
46/100
Sound
Volume 14Mix 2.63% of portfolio
44/100
Sound
Volume 13Mix 2.44% of portfolio
43/100
Sound
Volume 12Mix 2.25% of portfolio
41/100
Sound
Volume 11Mix 2.06% of portfolio
41/100
Sound
Volume 10Mix 1.88% of portfolio
41/100
SoundTop States by Place Specialization Score
1
MissouriState
Volume 231Mix 43.34% of portfolio
73/100
Strong2
IllinoisState
Volume 48Mix 9.01% of portfolio
55/100
Sound3
North CarolinaState
Volume 39Mix 7.32% of portfolio
51/100
Sound4
South CarolinaState
Volume 27Mix 5.07% of portfolio
51/100
Sound5
CaliforniaState
Volume 28Mix 5.25% of portfolio
46/100
Sound6
OregonState
Volume 14Mix 2.63% of portfolio
44/100
Sound7
FloridaState
Volume 23Mix 4.32% of portfolio
43/100
Sound8
VirginiaState
Volume 14Mix 2.63% of portfolio
42/100
Sound9
WashingtonState
Volume 12Mix 2.25% of portfolio
41/100
Sound10
NevadaState
Volume 10Mix 1.88% of portfolio
40/100
SoundShowing 10 of 11 states
How We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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.
Looking for a different lender?
Are you the owner of Paramount Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.