Looking for a different lender?
P
Paramount Residential Mortgage Group, Inc.
Independent Mortgage Company|Corona, CA|National
Loans Originated
17,073
Applications
25,219
Volume
$6 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Strong
Safe Rate Awards⭐VA Superstar⭐USDA Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.479%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,279
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
67.7%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Pricing may be below industry average
Report Card
Paramount Residential Mortgage Group, Inc. performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Acceptable | Near industry average | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Exceptional | Market Leader | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | National · 50 metro areas · 49 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$407,943
Average Borrower Income
$147,889
Average Property Value
$488,143
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Exceptional | Acceptable | Strong | 8,028 | 47.0% | +0.468% | $3,284 |
FHA Loans | Sound | Exceptional | Acceptable | Strong | 7,026 | 41.2% | +0.627% | $3,492 |
VA Loans | Strong | Exceptional | Sound | Strong | 1,476 | 8.6% | -0.207% | $2,527 |
Jumbo Loans | Sound | Exceptional | Acceptable | Sound | 182 | 1.1% | +0.708% | $2,128 |
USDA Loans | Strong | Exceptional | Sound | Strong | 361 | 2.1% | +0.441% | $2,045 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Exceptional | Acceptable | Strong | 15,236 | 89.2% | +0.502% | $3,336 |
Refinance | Sound | Strong | Acceptable | Sound | 1,837 | 10.8% | +0.307% | $2,867 |
Geographic Coverage
Metro Areas
49
States Served
49
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNENHNJNMNVOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Miami, FLMSA
Volume: 762Mix: 4.46%
Place Specialization
Exceptional
2
Fort Lauderdale, FLMSA
Volume: 670Mix: 3.92%
Place Specialization
Exceptional
3
Newark, NJ, NJMSA
Volume: 338Mix: 1.98%
Place Specialization
Exceptional
4
Riverside, CAMSA
Volume: 817Mix: 4.79%
Place Specialization
Exceptional
5
McAllen, TXMSA
Volume: 160Mix: 0.94%
Place Specialization
Exceptional
6
Dallas, TXMSA
Volume: 669Mix: 3.92%
Place Specialization
Exceptional
7
Los Angeles, CAMSA
Volume: 556Mix: 3.26%
Place Specialization
Strong
8
Lakewood, NJMSA
Volume: 296Mix: 1.73%
Place Specialization
Strong
9
Cape Coral, FLMSA
Volume: 249Mix: 1.46%
Place Specialization
Strong
10
West Palm Beach, FLMSA
Volume: 282Mix: 1.65%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
NJState
Volume: 1,100Mix: 6.44%
Place Specialization
Exceptional
2
FLState
Volume: 3,535Mix: 20.71%
Place Specialization
Exceptional
3
CAState
Volume: 2,887Mix: 16.91%
Place Specialization
Exceptional
4
TXState
Volume: 2,180Mix: 12.77%
Place Specialization
Exceptional
5
AZState
Volume: 830Mix: 4.86%
Place Specialization
Strong
6
GAState
Volume: 599Mix: 3.51%
Place Specialization
Strong
7
COState
Volume: 484Mix: 2.83%
Place Specialization
Strong
8
WIState
Volume: 324Mix: 1.90%
Place Specialization
Strong
9
CTState
Volume: 263Mix: 1.54%
Place Specialization
Strong
10
NVState
Volume: 217Mix: 1.27%
Place Specialization
Strong
Showing 10 of 46 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.
Ready to Get Started?
Compare Paramount Residential Mortgage Group, Inc. with other lenders or get personalized recommendations.