Our History

About Us:

Paramount Bank started as an independent mortgage company in 1970. Paramount Bank was recently re-imagined and rebuilt by a group of St. Louis investors. The bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology, and superior service to help clients meet their financial goals underscores why no two banks are the same. Paramount Bank’s rebuild centers on helping our clients get and stay ahead.

Paramount Bank is a HUD approved lender and provides a full range of Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is delegated FHA/VA, FHA 203K and USDA approved.

Paramount’s Tech:

The Bank’s platform leverages the technology to make managing money and lending easy, letting clients bank where they want – when they want. Paramount Bank provides tailored personal lending, small commercial loans, practice loans, stock-secured loans, and other business purpose loans designed to make life easier by simply and efficiently fitting each client’s needs.

Paramount’s Edge:

Paramount Bank is also committed to providing families with friction-less home loans. Join more than 10,000 satisfied customers and one of the nation’s most progressive lenders, offering home loans on most property types nationwide. Paramount Bank makes the home loan process a snap for clients, no matter how complex, with an easy-to-understand process led by seasoned mortgage bankers. Paramount Bank eliminates the hassles of the mortgage process when buying or refinancing, replacing it with a convenient, secure, FDIC-insured, and unparalleled experience to help you get the home or cash-flow you deserve.