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Premier Mortgage Resources, L.l.c.

Independent Mortgage CompanySALEM, ORDirect to Consumer

We analyzed every closed loan from Premier Mortgage Resources 3.3k loans across 5k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Mediocre
vs. all lenders
Pull Through
Strong
closing strength
Products
Exceptional
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
Near-National · 44 mkts

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Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and VA loans
  • Nationwide availability with consistent service

Things to Think About

  • Pricing may be below industry average
  • Higher than average fees ($4,623)

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Report Card

Premier Mortgage Resources, L.l.c. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
Below peers
+39.1 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Exceptional
Market Leader
Top 20% of lenders
FHA
Exceptional
Market Leader
Top 20% of lenders
VA
Exceptional
Market Leader
Top 20% of lenders
Jumbo
Sound
Industry Standard
Top 60% of lenders
USDA
Sound
Industry Standard
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Exceptional
Market Leader
Top 20% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Near-National45 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Exceptional
Mediocre
Strong
1,84355.4%
+0.354%Above
$4,492Fees
FHA Loans
Sound
Exceptional
Mediocre
Strong
1,13134.0%
+0.653%Above
$4,933Fees
VA Loans
Sound
Exceptional
Mediocre
Strong
2948.8%
-0.183%Below
$4,721Fees
Jumbo Loans
Acceptable
Sound
Acceptable
230.7%
+0.418%Above
$4,218Fees
USDA Loans
Acceptable
Sound
Acceptable
341.0%
+0.039%Above
$3,838Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Exceptional
Mediocre
Strong
2,93588.3%
+0.411%Above
$4,650Fees
Refinance
Sound
Strong
Acceptable
Sound
39011.7%
+0.271%Above
$4,459Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
3,325
Applications
4,740
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
+0.391%
vs. market APOR
Avg Net Fees
$4,623
Origination − Credits
Pullthrough Rate
70.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$368,293
Avg Borrower Income
$139,020
Avg Property Value
$462,534

Geographic Coverage

Geographic Performance

Metro Areas
44
States Served
39
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ALARAZCACOCTDCFLGAHIIAIDILINKSKYLAMAMDMIMNMOMSMTNCNDNENJNVOHOKORSCTNTXUTVAWAWI

Top Metro Areas by Place Specialization Score

1
Walla Walla, WA, WAMSA
Volume: 82Mix: 2.47%of portfolio
Place
Exceptional
2
Twin Falls, ID, IDMSA
Volume: 155Mix: 4.66%of portfolio
Place
Exceptional
3
Boise City, ID, IDMSA
Volume: 570Mix: 17.14%of portfolio
Place
Exceptional
4
Salinas, CA, CAMSA
Volume: 105Mix: 3.16%of portfolio
Place
Exceptional
5
Kennewick, WAMSA
Volume: 76Mix: 2.29%of portfolio
Place
Strong
6
Coeur d'Alene, ID, IDMSA
Volume: 71Mix: 2.14%of portfolio
Place
Strong
7
Spokane, WAMSA
Volume: 73Mix: 2.20%of portfolio
Place
Strong
8
Pocatello, ID, IDMSA
Volume: 52Mix: 1.56%of portfolio
Place
Strong
9
Fresno, CA, CAMSA
Volume: 88Mix: 2.65%of portfolio
Place
Strong
10
Chico, CA, CAMSA
Volume: 36Mix: 1.08%of portfolio
Place
Strong
Showing 10 of 44 metro areas

Top States by Place Specialization Score

1
IDState
Volume: 1,048Mix: 31.52%of portfolio
Place
Exceptional
2
WAState
Volume: 381Mix: 11.46%of portfolio
Place
Strong
3
CAState
Volume: 553Mix: 16.63%of portfolio
Place
Strong
4
GAState
Volume: 294Mix: 8.84%of portfolio
Place
Strong
5
ORState
Volume: 150Mix: 4.51%of portfolio
Place
Strong
6
NVState
Volume: 104Mix: 3.13%of portfolio
Place
Strong
7
UTState
Volume: 104Mix: 3.13%of portfolio
Place
Strong
8
MOState
Volume: 117Mix: 3.52%of portfolio
Place
Strong
9
MNState
Volume: 77Mix: 2.32%of portfolio
Place
Sound
10
ILState
Volume: 80Mix: 2.41%of portfolio
Place
Sound
Showing 10 of 23 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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.