Premier Home Mortgage, Inc. Mortgage Lending & HMDA Data, 2018

In 2018, Premier Home Mortgage, Inc. of Rapid City, SD reported 2,258 mortgage applications totaling $391.8 million, down 13% from 2017. The average application was for $173,529, and applicants reported an average income of $71,156. 77% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Cheyenne, WY (446), Rapid City, SD (440) and Casper, WY (299) (applications in parentheses).

Mortgage Company & Address Premier Home Mortgage, Inc.
3024 Tower Rd
Rapid City, SD 57701
Tel #: available with data download
Federal Regulator * available with data download
Years 2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 2,258
Total Mortgage Loan Application Amount $391,830,000
Average Mortgage Loan Application Amount $173,529
Highest Mortgage Loan Application Amount $935,000
Average Applicant Income $71,156
Highest Applicant Income $528,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Premier Home Mortgage, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Premier Home Mortgage, Inc. by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Laramie, Wyoming 446 $ 81,810,000 $ 183,430 $ 73,000
Pennington, South Dakota 361 $ 69,065,000 $ 191,315 $ 74,000
Natrona, Wyoming 299 $ 38,075,000 $ 127,341 $ 60,000
Campbell, Wyoming 99 $ 18,855,000 $ 190,454 $ 81,000
Linn, Iowa 78 $ 9,910,000 $ 127,051 $ 51,000
Meade, South Dakota 67 $ 14,685,000 $ 219,179 $ 82,000
Lawrence, South Dakota 50 $ 10,670,000 $ 213,400 $ 82,000
Lewis and Clark, Montana 40 $ 9,440,000 $ 236,000 $ 91,000
Stark, North Dakota 38 $ 9,400,000 $ 247,368 $ 90,000
Newton, Missouri 36 $ 3,450,000 $ 95,833 $ 46,000
Jasper, Missouri 34 $ 4,100,000 $ 120,588 $ 46,000
Converse, Wyoming 33 $ 4,355,000 $ 131,969 $ 71,000
Sweetwater, Wyoming 32 $ 6,390,000 $ 199,687 $ 84,000
McDonald, Missouri 24 $ 2,540,000 $ 105,833 $ 45,000
Vernon, Missouri 24 $ 2,690,000 $ 112,083 $ 58,000
Cascade, Montana 22 $ 3,570,000 $ 162,272 $ 55,000
Minnehaha, South Dakota 20 $ 4,040,000 $ 202,000 $ 58,000
Big Horn, Wyoming 20 $ 3,130,000 $ 156,500 $ 71,000
Mesa, Colorado 19 $ 5,825,000 $ 306,578 $ 140,000
Weston, Wyoming 18 $ 2,560,000 $ 142,222 $ 60,000
Fall River, South Dakota 16 $ 2,820,000 $ 176,250 $ 77,000
Sheridan, Wyoming 16 $ 4,400,000 $ 275,000 $ 94,000
Barton, Missouri 14 $ 1,690,000 $ 120,714 $ 60,000
Butte, South Dakota 14 $ 2,450,000 $ 175,000 $ 64,000
Lincoln, South Dakota 14 $ 2,640,000 $ 188,571 $ 60,000
Albany, Wyoming 14 $ 3,150,000 $ 225,000 $ 86,000
Bourbon, Kansas 13 $ 1,335,000 $ 102,692 $ 53,000
Barry, Missouri 13 $ 1,145,000 $ 88,076 $ 40,000
Crook, Wyoming 13 $ 2,285,000 $ 175,769 $ 72,000
Benton, Iowa 12 $ 1,970,000 $ 164,166 $ 79,000
Yellowstone, Montana 12 $ 2,210,000 $ 184,166 $ 54,000
Custer, South Dakota 12 $ 2,900,000 $ 241,666 $ 79,000
Fremont, Wyoming 12 $ 2,250,000 $ 187,500 $ 67,000
Madison, Nebraska 11 $ 1,285,000 $ 116,818 $ 94,000
Washakie, Wyoming 10 $ 1,560,000 $ 156,000 $ 81,000
Flathead, Montana 9 $ 3,945,000 $ 438,333 $ 174,000
Sublette, Wyoming 9 $ 1,955,000 $ 217,222 $ 68,000
Scotts Bluff, Nebraska 8 $ 940,000 $ 117,500 $ 52,000
Carbon, Wyoming 8 $ 1,330,000 $ 166,250 $ 65,000
Platte, Wyoming 8 $ 1,340,000 $ 167,500 $ 137,000
Larimer, Colorado 7 $ 2,015,000 $ 287,857 $ 91,000
Jones, Iowa 7 $ 955,000 $ 136,428 $ 56,000
Cedar, Missouri 7 $ 575,000 $ 82,142 $ 43,000
Johnson, Iowa 6 $ 1,190,000 $ 198,333 $ 132,000
Crawford, Kansas 6 $ 350,000 $ 58,333 $ 33,000
Lincoln, Minnesota 6 $ 730,000 $ 121,666 $ 50,000
Buffalo, Nebraska 6 $ 850,000 $ 141,666 $ 49,000
Jefferson, Montana 5 $ 985,000 $ 197,000 $ 92,000
Hall, Nebraska 5 $ 745,000 $ 149,000 $ 51,000
Stanton, Nebraska 5 $ 615,000 $ 123,000 $ 34,000
McKenzie, North Dakota 5 $ 1,185,000 $ 237,000 $ 98,000
Goshen, Wyoming 5 $ 615,000 $ 123,000 $ 71,000
Cedar, Iowa 4 $ 560,000 $ 140,000 $ 65,000
Andrew, Missouri 4 $ 550,000 $ 137,500 $ 74,000
Silver Bow, Montana 4 $ 550,000 $ 137,500 $ 80,000
Burleigh, North Dakota 4 $ 790,000 $ 197,500 $ 89,000
Delaware, Oklahoma 4 $ 450,000 $ 112,500 $ 76,000
Cherokee, Alabama 3 $ 335,000 $ 111,666 $ 50,000
Douglas, Colorado 3 $ 1,395,000 $ 465,000 $ 146,000
Yuma, Colorado 3 $ 445,000 $ 148,333 $ 76,000
Tippecanoe, Indiana 3 $ 245,000 $ 81,666 $ 49,000
Franklin, Iowa 3 $ 305,000 $ 101,666 $ 37,000
Iowa, Iowa 3 $ 345,000 $ 115,000 $ 154,000
Lawrence, Missouri 3 $ 325,000 $ 108,333 $ 47,000
Polk, Missouri 3 $ 495,000 $ 165,000 $ 79,000
Carter, Montana 3 $ 555,000 $ 185,000 $ 39,000
Antelope, Nebraska 3 $ 315,000 $ 105,000 $ 0
Dunn, North Dakota 3 $ 965,000 $ 321,666 $ 98,000
Williams, North Dakota 3 $ 815,000 $ 271,666 $ 86,000
Clay, South Dakota 3 $ 565,000 $ 188,333 $ 64,000
Hughes, South Dakota 3 $ 535,000 $ 178,333 $ 56,000
Weld, Colorado 2 $ 750,000 $ 375,000 $ 98,000
St. Joseph, Indiana 2 $ 240,000 $ 120,000 $ 33,000
Story, Iowa 2 $ 200,000 $ 100,000 $ 50,000
Tama, Iowa 2 $ 100,000 $ 50,000 $ 62,000
Woodbury, Iowa 2 $ 170,000 $ 85,000 $ 44,000
Cherokee, Kansas 2 $ 150,000 $ 75,000 $ 29,000
Sherburne, Minnesota 2 $ 300,000 $ 150,000 $ 87,000
Gentry, Missouri 2 $ 100,000 $ 50,000 $ 33,000
Broadwater, Montana 2 $ 590,000 $ 295,000 $ 151,000
Custer, Montana 2 $ 460,000 $ 230,000 $ 73,000
Gallatin, Montana 2 $ 470,000 $ 235,000 $ 63,000
Lincoln, Montana 2 $ 570,000 $ 285,000 $ 122,000
Musselshell, Montana 2 $ 430,000 $ 215,000 $ 64,000
Richland, Montana 2 $ 530,000 $ 265,000 $ 131,000
Pierce, Nebraska 2 $ 230,000 $ 115,000 $ 0
Brookings, South Dakota 2 $ 640,000 $ 320,000 $ 100,000
Lake, South Dakota 2 $ 430,000 $ 215,000 $ 84,000
Yankton, South Dakota 2 $ 440,000 $ 220,000 $ 89,000
Harris, Texas 2 $ 220,000 $ 110,000 $ 59,000
Hot Springs, Wyoming 2 $ 190,000 $ 95,000 $ 40,000
Lincoln, Wyoming 2 $ 310,000 $ 155,000 $ 143,000
DeKalb, Alabama 1 $ 75,000 $ 75,000 $ 34,000
Etowah, Alabama 1 $ 155,000 $ 155,000 $ 36,000
Carroll, Arkansas 1 $ 125,000 $ 125,000 $ 65,000
Scott, Arkansas 1 $ 105,000 $ 105,000 $ 73,000
Washington, Arkansas 1 $ 305,000 $ 305,000 $ 115,000
Arapahoe, Colorado 1 $ 405,000 $ 405,000 $ 79,000
El Paso, Colorado 1 $ 225,000 $ 225,000 $ 22,000
Elbert, Colorado 1 $ 385,000 $ 385,000 $ 81,000
Jefferson, Colorado 1 $ 345,000 $ 345,000 $ 152,000
Logan, Colorado 1 $ 105,000 $ 105,000 $ 67,000
Morgan, Colorado 1 $ 265,000 $ 265,000 $ 76,000
Park, Colorado 1 $ 145,000 $ 145,000 $ 181,000
Rio Grande, Colorado 1 $ 185,000 $ 185,000 $ 43,000
Citrus, Florida 1 $ 105,000 $ 105,000 $ 95,000
Bingham, Idaho 1 $ 105,000 $ 105,000 $ 34,000
Kootenai, Idaho 1 $ 145,000 $ 145,000 $ 177,000
Champaign, Illinois 1 $ 105,000 $ 105,000 $ 83,000
Montgomery, Illinois 1 $ 95,000 $ 95,000 $ 22,000
Shelby, Illinois 1 $ 75,000 $ 75,000 $ 21,000
Clinton, Indiana 1 $ 55,000 $ 55,000 $ 39,000
Jasper, Indiana 1 $ 165,000 $ 165,000 $ 66,000
Fremont, Iowa 1 $ 185,000 $ 185,000 $ 55,000
Hardin, Iowa 1 $ 85,000 $ 85,000 $ 34,000
Harrison, Iowa 1 $ 105,000 $ 105,000 $ 50,000
Lyon, Iowa 1 $ 135,000 $ 135,000 $ 73,000
Page, Iowa 1 $ 65,000 $ 65,000 $ 51,000
Polk, Iowa 1 $ 235,000 $ 235,000 $ 123,000
Van Buren, Iowa 1 $ 75,000 $ 75,000 $ 34,000
Labette, Kansas 1 $ 115,000 $ 115,000 $ 142,000
Neosho, Kansas 1 $ 65,000 $ 65,000 $ 58,000
Beltrami, Minnesota 1 $ 135,000 $ 135,000 $ 35,000
Cass, Minnesota 1 $ 135,000 $ 135,000 $ 50,000
Dakota, Minnesota 1 $ 345,000 $ 345,000 $ 127,000
Faribault, Minnesota 1 $ 135,000 $ 135,000 $ 55,000
Itasca, Minnesota 1 $ 135,000 $ 135,000 $ 38,000
Waseca, Minnesota 1 $ 215,000 $ 215,000 $ 137,000
Buchanan, Missouri 1 $ 185,000 $ 185,000 $ 82,000
Cass, Missouri 1 $ 255,000 $ 255,000 $ 97,000
Clay, Missouri 1 $ 175,000 $ 175,000 $ 94,000
Miller, Missouri 1 $ 65,000 $ 65,000 $ 55,000
Moniteau, Missouri 1 $ 455,000 $ 455,000 $ 180,000
St. Louis City, Missouri 1 $ 305,000 $ 305,000 $ 102,000
Texas, Missouri 1 $ 75,000 $ 75,000 $ 27,000
Lake, Montana 1 $ 215,000 $ 215,000 $ 40,000
Madison, Montana 1 $ 85,000 $ 85,000 $ 30,000
McCone, Montana 1 $ 335,000 $ 335,000 $ 138,000
Meagher, Montana 1 $ 235,000 $ 235,000 $ 324,000
Park, Montana 1 $ 215,000 $ 215,000 $ 32,000
Powder River, Montana 1 $ 205,000 $ 205,000 $ 57,000
Ravalli, Montana 1 $ 255,000 $ 255,000 $ 71,000
Rosebud, Montana 1 $ 205,000 $ 205,000 $ 60,000
Stillwater, Montana 1 $ 145,000 $ 145,000 $ 38,000
Teton, Montana 1 $ 115,000 $ 115,000 $ 57,000
Valley, Montana 1 $ 55,000 $ 55,000 $ 26,000
Dakota, Nebraska 1 $ 255,000 $ 255,000 $ 98,000
Harlan, Nebraska 1 $ 125,000 $ 125,000 $ 65,000
Hitchcock, Nebraska 1 $ 55,000 $ 55,000 $ 50,000
Lancaster, Nebraska 1 $ 175,000 $ 175,000 $ 108,000
Lincoln, Nebraska 1 $ 175,000 $ 175,000 $ 45,000
Morrill, Nebraska 1 $ 135,000 $ 135,000 $ 58,000
Sarpy, Nebraska 1 $ 135,000 $ 135,000 $ 87,000
Sheridan, Nebraska 1 $ 205,000 $ 205,000 $ 34,000
Thurston, Nebraska 1 $ 115,000 $ 115,000 $ 0
Wayne, Nebraska 1 $ 95,000 $ 95,000 $ 0
Hettinger, North Dakota 1 $ 125,000 $ 125,000 $ 38,000
Mercer, North Dakota 1 $ 205,000 $ 205,000 $ 207,000
Morton, North Dakota 1 $ 225,000 $ 225,000 $ 75,000
Ransom, North Dakota 1 $ 145,000 $ 145,000 $ 76,000
Ward, North Dakota 1 $ 235,000 $ 235,000 $ 97,000
Ottawa, Oklahoma 1 $ 105,000 $ 105,000 $ 47,000
Aurora, South Dakota 1 $ 115,000 $ 115,000 $ 47,000
Brown, South Dakota 1 $ 125,000 $ 125,000 $ 35,000
Lyman, South Dakota 1 $ 195,000 $ 195,000 $ 108,000
Walworth, South Dakota 1 $ 105,000 $ 105,000 $ 51,000
Bexar, Texas 1 $ 225,000 $ 225,000 $ 76,000
Liberty, Texas 1 $ 265,000 $ 265,000 $ 100,000
Lubbock, Texas 1 $ 175,000 $ 175,000 $ 76,000
Montgomery, Texas 1 $ 185,000 $ 185,000 $ 84,000
Rockwall, Texas 1 $ 425,000 $ 425,000 $ 301,000
Johnson, Wyoming 1 $ 115,000 $ 115,000 $ 95,000
Niobrara, Wyoming 1 $ 165,000 $ 165,000 $ 56,000
Park, Wyoming 1 $ 175,000 $ 175,000 $ 29,000
Uinta, Wyoming 1 $ 165,000 $ 165,000 $ 79,000

Mortgage Loan Application Detail Totals for Premier Home Mortgage, Inc. in 2018

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,946 $333,080,000 $171,000 $935,000 $70,000 $528,000
Cash-out Refinancing 196 $36,480,000 $186,000 $625,000 $78,000 $247,000
Refinancing 116 $22,270,000 $191,000 $655,000 $79,000 $278,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,938 $340,020,000 $175,000 $935,000 $72,000 $528,000
Hispanic 120 $18,400,000 $153,000 $385,000 $62,000 $166,000
Not Provided 92 $16,320,000 $177,000 $435,000 $78,000 $324,000
Black or African American 33 $5,865,000 $177,000 $385,000 $61,000 $131,000
Not applicable 29 $3,825,000 $131,000 $225,000 $0 $0
American Indian or Alaskan Native 21 $3,575,000 $170,000 $375,000 $71,000 $340,000
Asian 17 $2,575,000 $151,000 $335,000 $70,000 $150,000
Native Hawaiian or Other Pacific Islander 8 $1,250,000 $156,000 $305,000 $54,000 $137,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 992 $162,000,000 $163,000 $765,000 $83,000 $490,000
FHA-insured (Federal Housing Administration) 706 $123,480,000 $174,000 $425,000 $62,000 $230,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 282 $39,510,000 $140,000 $355,000 $51,000 $109,000
VA-guaranteed (Veterans Administration) 278 $66,840,000 $240,000 $935,000 $74,000 $528,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,735 $300,505,000 $173,000 $935,000 $70,000 $528,000
Application Withdrawn By Applicant 345 $64,805,000 $187,000 $765,000 $82,000 $490,000
Application Denied By Financial Institution 134 $20,240,000 $151,000 $595,000 $61,000 $247,000
Loan Purchased By The Institution 29 $3,825,000 $131,000 $225,000 $0 $0
Application Approved But Not Accepted 12 $2,020,000 $168,000 $335,000 $66,000 $171,000
Preapproval Approved but not Accepted 3 $435,000 $145,000 $185,000 $47,000 $64,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 2,124 $371,590,000 $174,000 $935,000 $72,000 $528,000
Debt-To-Income Ratio 43 $6,805,000 $158,000 $595,000 $64,000 $247,000
Credit History 40 $6,570,000 $164,000 $455,000 $53,000 $117,000
Collateral 25 $3,435,000 $137,000 $325,000 $69,000 $196,000
Employment History 8 $1,010,000 $126,000 $215,000 $60,000 $79,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,220,000 $152,000 $265,000 $63,000 $106,000
Other 5 $445,000 $89,000 $175,000 $67,000 $105,000
Unverifiable Information 4 $680,000 $170,000 $275,000 $45,000 $59,000
Credit Application Incomplete 1 $75,000 $75,000 $75,000 $69,000 $69,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Premier Home Mortgage, Inc.'s 2018 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Premier Home Mortgage, Inc.'s mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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