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Bank

Preferred Bank

preferredbank.com
601 S Figueroa St, Los Angeles, CA 90017

Preferred Bank is a full-service commercial bank based in Los Angeles, California, offering a comprehensive suite of financial products and services, including various lending solutions, to both consumers and businesses.

Key Statistics

As of December 2025, public records show Preferred Bank has originated approximately $1.5B in loan volume over the past 12 months, with an average loan size of $2.7M.

Volume (12mo)

$1.5B

Avg Loan Size

$2.7M

Total Mortgages

7,168

Total Borrowers

2,022

Lending Entities

Preferred Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Preferred Bank

6,999 mortgages recorded

+17 more not shown

Geography

Preferred Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1California

Mortgages (12mo): 323

Volume (12mo): $1.2B

Total Volume: $14.2B

#2New York

Mortgages (12mo): 43

Volume (12mo): $110.5M

Total Volume: $1.1B

#3Illinois

Mortgages (12mo): 29

Volume (12mo): $2.8M

Total Volume: $58.1M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Preferred Bank. Click on a borrower to view their full investor profile.

+2,019 more not shown

FAQ

What type of lender is Preferred Bank?

Preferred Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (50%) and personal loans in their portfolio.

What entities does Preferred Bank fund loans under?

Preferred Bank originates mortgages through 18 different lending entities. The most common include Preferred Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Preferred Bank most active?

Based on recorded mortgages, Preferred Bank is most active in California, New York, and Illinois.

How many loans has Preferred Bank originated?

Public records show 7,168 mortgages recorded for Preferred Bank, with $1.5B in volume over the past 12 months.

What is the average loan size for Preferred Bank?

The average mortgage size for Preferred Bank is $2.7M based on all recorded mortgages.

Does Preferred Bank offer short-term loans?

Preferred Bank primarily offers long-term financing, with only 7% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.