The Mortgage Record
Lender report card · New Jersey

Premia Mortgage, Llc

Chicago, IL · What the federal mortgage record shows about how Premia Mortgage, Llc treated New Jersey applicants, 2018–2025 — 428 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
83.9%
359 approved
Denial rate
16.1%
69 denied
Decisions
428
2018–2025
Avg. rate spread
-0.04 pp
vs. market benchmark
83.9% approved
16.1% denied

Share of 428 New Jersey applications Premia Mortgage, Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional83.6% of 402 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

68%76%84%92%100%84%72%82%73%94%100%97%100%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Premia Mortgage, Llc’s rates ran -0.26 pp lower than the typical New Jersey lender (average rate spread -0.04 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Premia Mortgage, Llc approves

By income
$100–150k80.9% · 115$150–250k83.4% · 205$250k+88.4% · 86
By debt-to-income
Under 36%86.4% · 24236–43%82.2% · 10143–50%78.7% · 75
By down payment (LTV)
20%+ down83.9% · 25510–20% down85.1% · 475–10% down85.0% · 40

Why Premia Mortgage, Llc denied applications

Unverifiable information71% of denialsCollateral (value/type)17% of denialsOther4% of denialsIncomplete application4% of denialsCredit history3% of denialsInsufficient cash to close3% of denials

Where Premia Mortgage, Llc lends in NJ

CountyDecisionsApproval
Morris County9387.1%
Somerset County6081.7%
Essex County3076.7%
Camden County2781.5%
Bergen County2684.6%
Middlesex County2580.0%

Fees & closing costs

Median total loan costs
$5,299
home purchase
As % of loan
1.22%
NJ median 1.93%
Priced originations
257
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Premia Mortgage, Llc’s home-purchase originations — 0.71 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $375. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Premia Mortgage, Llc to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Premia Mortgage, Llc (LEI 549300ISCZS1R0CJMO47). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →