Premier America at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
45th26.5% deniedPricingmedian rate spread over APOR, weight 30%
13th0.81 ptsProcesswithdrawn + incomplete share, weight 15%
6th25.3%Closing coststotal loan costs ÷ loan amount, weight 10%
62nd2.70% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 546 | 330 | 25.1% | 27.7% | 8.38% | $63M |
| 2024 | 729 | 352 | 16.1% | 23.5% | 9.00% | $65M |
| 2025 | 656 | 340 | 19.8% | 26.5% | 8.00% | $89M |
What Premier America 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
By loan type
Also: 379 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 61 investment properties.
Why Premier America denies applications
Primary reason reported for each of the 130 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Premier America
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 50 | 6 | 78.1% |
| $50k – $100k | 148 | 70 | 36.8% |
| $100k – $150k | 142 | 85 | 19.5% |
| $150k – $250k | 169 | 106 | 15.2% |
| Over $250k | 127 | 70 | 13.8% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 24 | 15 | 11.8% |
| 35–44 | 106 | 62 | 25.0% |
| 45–54 | 155 | 85 | 26.2% |
| 55–64 | 187 | 91 | 26.9% |
| 65–74 | 111 | 58 | 27.0% |
| Over 74 | 73 | 29 | 33.3% |
Where Premier America lends
20 states and 58 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 587 | 301 | 19.9% | 8.00% | #241 |
| Texas | 35 | 19 | 17.1% | 6.88% | #762 |
Frequently asked questions
Premier America denied 26.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of home-equity (HELOC) lenders.
The most common reason Premier America gave in 2025 was "debt-to-income ratio", cited on 76.2% 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 Premier America originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 0.81 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 10% of its applications were for home purchases, 11% for refinancing (including cash-out), and 79% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.