This site is a free online resource that strives to offer helpful content and comparison features to our visitors. We accept advertising compensation from companies that appear on the site. Company listings on this page DO NOT imply endorsement. We do not feature all providers on the market. Except as expressly set forth in our Terms of Use, all representations and warranties regarding the information presented on this page are disclaimed. The information, including pricing, which appears on this site is subject to change at any time.
Paramount Bank is a solid financial institution offering both private and business banking and mortgage loans to the general public. It provides most of the common mortgage products, including conventional loans, jumbo loans, government-backed FHA and VA loans, and refinancing options. With quick online pre-approval, Paramount Bank aims to make the mortgage process simpler for applicants.
Paramount Bank’s target audience is families who want a smooth and hassle-free home loan process. Since its acquisition in 2017, it has originated 10,000+ mortgages, which is a lot for a local Missouri bank that only recently extended its reach across the nation. Families will find this company pleasant to work with, thanks to the friendly mortgage agents and option of borrowing on virtually any type of property. By processing, underwriting, and closing all its mortgage loans in-house, Paramount Bank is able to offer an efficient loan process.
Paramount is a small bank aspiring to be a big one, with a large suite of mortgage options. It caters to home buyers as well as home owners, with a range of options for purchasing and refinancing.
Here are the options:
Paramount Bank makes it easy to apply by assigning a dedicated mortgage banker to work with you directly.
Here’s how it works:
One of the downsides to Paramount Bank’s service is that it offers virtually no information about rates and terms on its website. In general, loan terms range from 15-30 years. However, if you want to get a feel for rates, you will need to fill out an application and see what sort of pre-approved offer Paramount can make.
Paramount Bank has helpful customer support to answer all of your questions. You can reach someone via telephone or email using the below information. What’s more, Paramount Bank provides each applicant with a dedicated mortgage banker. That way, you have someone to answer all of your questions directly.
Ph: (833) 731-0229
Paramount Bank leaves a lot to the imagination. There are no rates, repayment terms, requirements, and eligibility parameters published, which makes it hard to see if this is the right option for you. That being said, thousands of customers have left positive reviews of their experiences with Paramount Bank, making it seem worthwhile to make that call. Paramount Bank has a fast turnaround time, dedicated account managers, and friendly customer service as well.
A: In addition to mortgages, Paramount offers a range of bank accounts, including: interest checking, savings, money market, and certificates of deposit.
A: Sort of. Paramount Bank started as an independent mortgage company in 1970. What happened in 2017 is that it was bought out and rebuilt by a group of St Louis investors with a dream of taking it nationwide and bringing it into the digital realm.
Paramount Bank
90 Village Square Shopping Center
Hazelwood, Missouri 63042