Mortgage lender · Troy, MI · LEI 549300ISCZS1R0CJMO47

Premia Mortgage, LLC DBA Premia Relocation Mortgage review: approval odds, rates and grade (2025)

Premia Mortgage, LLC DBA Premia Relocation Mortgage earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 2.9% of the applications it decided on in 2025, which ranks in the 89th percentile for approval odds. Its median loan was priced 0.09 points below the average prime offer rate, ranking in the 87th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

2.1kApplications2025
81.5%Originatedof applications
2.9%Decision denial ratenational 22.6%
6.25%Median ratenational 6.63%
$821MLoan volume49 states

Premia Mortgage, LLC DBA Premia Relocation Mortgage at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

2.4%Denial rate (all applications)-15.57 pts vs national
2.9%Denial rate (decided applications)-19.73 pts vs national
81.5%Origination rate+23.46 pts vs national
15.3%Withdrawn by applicant
0.4%Closed for incompleteness
6.25%Median interest rate-0.38 pts vs national
-0.09Median rate spread (pts over APOR)-0.34 pts vs national
$425,000Median loan amount
$3,429Median total loan costs
$176kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

89th2.9% denied

Pricingmedian rate spread over APOR, weight 30%

87th-0.09 pts

Processwithdrawn + incomplete share, weight 15%

55th15.7%

Closing coststotal loan costs ÷ loan amount, weight 10%

94th0.81% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232,4061,9512.7%3.2%6.33%$800M
20242,3131,8872.7%3.2%6.38%$845M
20252,1181,7262.4%2.9%6.25%$821M

What Premia Mortgage, LLC DBA Premia Relocation Mortgage lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 2,046 97% · 2.4% denied
Refinance 66 3% · 3.0% denied
Cash-out refinance 6 0% · 16.7% denied

By loan type

Conventional 1,684 80% · 1.7% denied
FHA 177 8% · 7.9% denied
VA 257 12% · 3.1% denied

Also: 0 home-equity lines, 0 reverse mortgages, 10 manufactured homes, 4 investment properties.

Why Premia Mortgage, LLC DBA Premia Relocation Mortgage denies applications

Primary reason reported for each of the 51 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 19 37%
Collateral 15 29%
Unverifiable information 7 14%
Credit history 5 10%
Other 4 8%
Insufficient cash 1 2%

How these reasons compare nationally →

Who gets approved at Premia Mortgage, LLC DBA Premia Relocation Mortgage

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k1311056.3%
$100k – $150k6034834.1%
$150k – $250k9147531.6%
Over $250k4593782.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2525214.6%
25–344853923.7%
35–447766372.6%
45–545594473.4%
55–642592180.5%

Where Premia Mortgage, LLC DBA Premia Relocation Mortgage lends

49 states and 657 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas3322553.9%6.13%#324
North Carolina1281070.0%6.38%#288
Florida1211040.8%6.25%#454
Georgia102772.9%6.23%#334
Tennessee93704.3%6.15%#333
Pennsylvania84673.6%6.25%#400
Michigan80693.8%6.38%#296
South Carolina77662.6%6.11%#288
Missouri68581.5%6.38%#313
Illinois67550.0%6.25%#417
Virginia61513.3%6.13%#344
Minnesota50400.0%6.43%#292
California47392.1%6.13%#530
Ohio45410.0%6.25%#420
Iowa43390.0%6.38%#235
Oklahoma40320.0%6.13%#279
Washington39307.7%6.31%#317
Alabama38332.6%6.13%#336
New Mexico38277.9%6.13%#167
Arizona36272.8%6.25%#350
Louisiana35265.7%6.13%#278
Kansas34280.0%6.44%#260
Massachusetts33273.0%6.38%#370
Wisconsin31260.0%6.36%#383
Idaho30253.3%6.38%#195
Indiana30253.3%6.25%#411
New York30213.3%6.38%#379
Colorado29270.0%6.25%#372
Kentucky29253.5%6.48%#313
New Jersey26230.0%5.99%#419
Arkansas24210.0%6.25%#270
Utah24224.2%6.38%#229
Nebraska21194.8%6.30%#198
Oregon21154.8%6.13%#293
Maryland20170.0%6.13%#408
Mississippi18160.0%6.13%#248
Connecticut16120.0%6.50%#325
Alaska13120.0%6.12%#98
Wyoming1080.0%6.61%#145
Delaware870.0%6.50%#255
Montana850.0%6.25%#199
South Dakota870.0%6.13%#148
North Dakota750.0%6.38%#152
Maine650.0%6.30%#264
Nevada640.0%6.44%#355
New Hampshire550.0%6.38%#322
West Virginia540.0%6.23%#325

Frequently asked questions

Premia Mortgage, LLC DBA Premia Relocation Mortgage denied 2.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 89th percentile of mid-size mortgage lenders.

The most common reason Premia Mortgage, LLC DBA Premia Relocation Mortgage gave in 2025 was "debt-to-income ratio", cited on 37.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Premia Mortgage, LLC DBA Premia Relocation Mortgage originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was -0.09 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 97% of its applications were for home purchases, 3% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 80% conventional, 8% FHA, 12% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Premia Mortgage, LLC DBA Premia Relocation Mortgage. Data sources · Methodology