Paramount Residential Mortgage Group NMLS #75243
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Who is Paramount Residential Mortgage Group?
Paramount Residential Mortgage Group (NMLS #75243) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is Paramount Residential Mortgage Group legit?
Here's what public licensing records show. Paramount Residential Mortgage Group holds mortgage licenses in 44 states, including Alaska, Arizona, Arkansas, California, Colorado (NMLS ID #75243, per NMLS records as of October 1, 2026). FreeRateUpdate does not rate, endorse or vouch for lenders. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerParamount Residential Mortgage Group
- NMLS #75243
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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Reported application outcomes and pricing, 2025
- Filed asPARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
- 2025 home loan decisionsOf 24,650 applications decided by PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. in 2025, 23,410 were originated, 14 were approved but not accepted by the borrower, and 1,226 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 95%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 9,451 applications were withdrawn by the borrower, 217 were closed for incompleteness, and 3,007 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.388 percentage points above the average prime offer rate (reported on 21,191 originations, 2,219 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$9,448.41 — originated closed-end household loans, 2025, 21,300 of 22,594 loans. FFIEC HMDA data browser.
- Median origination charges$3,065.06 — originated closed-end household loans, 2025, 22,594 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types13,634 Conventional, 7,515 FHA, 1,806 VA, 455 USDA — of 23,410 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
About Paramount Residential Mortgage Group
Overview
Paramount Residential Mortgage Group is a mortgage company serving home-loan borrowers. It combines branch offices with an online application process, so borrowers may encounter the company through an office or a digital intake flow.
Mortgage options
Mortgage options include FHA, VA, USDA, conventional, jumbo, and DSCR loans. DSCR loans are commonly used by investment-property borrowers and are evaluated around property cash flow rather than only personal income.
How it works
Borrowers can start an application online and request pre-approval through the digital process. The process identifies needed documents before the file is submitted.
Locations
Paramount Residential Mortgage Group has 338 branch offices in 44 states.
Company details and licensing
The legal entity is Paramount Residential Mortgage Group, Inc., a corporation formed in California on July 24, 2001. Its headquarters are at 1265 Corona Pointe Court, Suite 301, Corona, California 92879, and its NMLS company ID is 75243.
Supported trade names include PRMG Direct Lending, Bold Mortgage, and 14 Days To Close. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #75243 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS Consumer Access, looked up rather than cited from a dated record. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Frequently Asked Questions
Is Paramount Residential Mortgage Group legit?
Here's what public licensing records show. Paramount Residential Mortgage Group holds mortgage licenses in 44 states, including Alaska, Arizona, Arkansas, California, Colorado (NMLS ID #75243, per NMLS records as of October 1, 2026). FreeRateUpdate does not rate, endorse or vouch for lenders. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is Paramount Residential Mortgage Group's NMLS number?
Paramount Residential Mortgage Group's NMLS number is 75243. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Paramount Residential Mortgage Group's NMLS ID?
Yes. We checked Paramount Residential Mortgage Group's company name and NMLS ID against the NMLS record on August 7, 2026. They've been in our lender network since March 2013. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Paramount Residential Mortgage Group?
This page has Paramount Residential Mortgage Group's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.