Golden Empire Mortgage Rates, Fees & Info
Bakersfield, CALEI: 254900VHUBSJJKOMBF27
Tax ID: 77-0158990
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Golden Empire Mortgage is a small mortgage company specializing in Home Purchase and Cash Out Refi loans. Golden Empire Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Riverside, Los Angeles, Bakersfield, Oxnard, and San Diego among others. We have data for 57 markets. (Some data included below & more in-depth data is available with an active subscription.)Golden Empire Mortgage has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Golden Empire Mortgage is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 5.28% | 10/13/24 |
| 30 Year Conventional Refi | 6.59% | 10/13/24 |
| 30 Year Cash-out Refi | 6.78% | 10/13/24 |
| 30 Year FHA Purchase | 7.56% | 10/13/24 |
| 30 Year FHA Refi | 7.44% | 10/13/24 |
| 30 Year VA Purchase | 6.33% | 10/13/24 |
| 30 Year VA Refi | 6.03% | 10/13/24 |
| 30 Year USDA Purchase | 6.98% | 10/13/24 |
| 15 Year Conventional Purchase | 7.28% | 10/13/24 |
| 15 Year Conventional Refi | 6.22% | 10/13/24 |
| 15 Year Cash-out Refi | 6.22% | 10/13/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Golden Empire Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Golden Empire Mortgage. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,764Origination Dollar Volume (All Markets)
$1,312,780,000Awards
Golden Empire Mortgage - 2022
Golden Empire Mortgage is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for Golden Empire Mortgage?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1,002 | $341,370,000 | $340,689 | $11,224 | 4.55% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 619 | $286,535,000 | $462,900 | $12,064 | 4.59% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 671 | $142,975,000 | $213,077 | $10,871 | 4.39% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 245 | $122,415,000 | $499,653 | $11,449 | 4.49% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 190 | $106,120,000 | $558,526 | $13,801 | 4.74% |
| MADERA, CA (FHA|USDA|VA) | 151 | $28,655,000 | $189,768 | $7,166 | 4.11% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 64 | $28,200,000 | $440,625 | $11,245 | 4.02% |
| Astoria, OR (FHA|USDA|VA) | 76 | $25,100,000 | $330,263 | $8,225 | 4.82% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 85 | $24,865,000 | $292,529 | $8,644 | 4.17% |
| STOCKTON, CA (FHA|USDA|VA) | 82 | $23,460,000 | $286,098 | $10,277 | 4.53% |
| MODESTO, CA (FHA|USDA|VA) | 90 | $23,190,000 | $257,667 | $11,340 | 4.19% |
| FRESNO, CA (FHA|USDA|VA) | 106 | $22,720,000 | $214,340 | $9,467 | 3.82% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 53 | $22,255,000 | $419,906 | $6,535 | 5.16% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 41 | $16,515,000 | $402,805 | $15,127 | 4.04% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 39 | $13,965,000 | $358,077 | $10,764 | 5.47% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 17 | $9,555,000 | $562,059 | $10,377 | 5.20% |
| Outside of Metro Areas | 35 | $9,105,000 | $260,143 | $9,398 | 4.64% |
| BEND, OR (FHA|USDA|VA) | 22 | $8,060,000 | $366,364 | $12,295 | 4.81% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 10 | $5,380,000 | $538,000 | $10,480 | 5.04% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 12 | $5,230,000 | $435,833 | $9,864 | 4.57% |
| MERCED, CA (FHA|USDA|VA) | 24 | $5,060,000 | $210,833 | $8,946 | 3.91% |
| VALLEJO, CA (FHA|USDA|VA) | 10 | $4,430,000 | $443,000 | $20,365 | 4.63% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $3,345,000 | $477,857 | $8,462 | 5.46% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 5 | $2,775,000 | $555,000 | $2,818 | 4.75% |
| VISALIA, CA (FHA|USDA|VA) | 15 | $2,725,000 | $181,667 | $9,411 | 3.59% |
| YUBA CITY, CA (FHA|USDA|VA) | 14 | $2,640,000 | $188,571 | $13,181 | 3.26% |
| SALEM, OR (FHA|USDA|VA) | 7 | $2,565,000 | $366,429 | $9,134 | 5.64% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $2,465,000 | $493,000 | $17,030 | 4.17% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 6 | $2,420,000 | $403,333 | $9,395 | 5.48% |
| Prineville, OR (FHA|USDA|VA) | 5 | $2,385,000 | $477,000 | $9,547 | 4.55% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 7 | $1,925,000 | $275,000 | $13,250 | 3.81% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 4 | $1,780,000 | $445,000 | $925 | 3.29% |
| Roseburg, OR (FHA|USDA|VA) | 5 | $1,515,000 | $303,000 | $10,375 | 5.30% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $10,154 | 4.67% |
| Clearlake, CA (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $7,998 | 3.50% |
| NAPA, CA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $6,486 | 4.38% |
| WACO, TX (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $6,679 | 4.00% |
| Red Bluff, CA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $6,887 | 5.75% |
| CHICO, CA (FHA|USDA|VA) | 6 | $670,000 | $111,667 | $0 | 2.75% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $9,108 | 5.00% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $8,902 | 4.44% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 5.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $15,486 | 5.88% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $9,645 | 4.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,734 | 2.88% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $11,744 | 6.75% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $14,655 | 3.88% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 6.25% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,835 | 3.00% |
| REDDING, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,791 | 6.25% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,357 | 4.56% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 4.99% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $6,010 | 4.75% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,870 | 5.99% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,602 | 4.13% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,391 | 5.25% |
| La Grande, OR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Golden Empire Mortgage based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 10
Similarity Rank: 30
Similarity Rank: 54
Similarity Rank: 77
Similarity Rank: 136
Similarity Rank: 207
Similarity Rank: 324
Similarity Rank: 371
Similarity Rank: 408
Similarity Rank: 429
Product Mix
For 2022, Golden Empire Mortgage's most frequently originated type of loan was Conventional, with 2,753 originations. Their 2nd most popular type was FHA, with 869 originations.
Loan Reason
For 2022, Golden Empire Mortgage's most frequently cited loan purpose was Home Purchase, with 2,825 originations. The 2nd most popular reason was Cash Out Refi, with 743 originations.
Loan Duration/Length
For 2022, Golden Empire Mortgage's most frequently cited loan duration was 30 Year, with 3,644 originations. The 2nd most popular length was 15 Year, with 71 originations.
Origination Fees/Closing Costs
Golden Empire Mortgage's average total fees were $11,359, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,761 originations.
Interest Rates
During 2022, Golden Empire Mortgage's average interest rate for loans was 4.50%, while their most frequently originated rate bucket for loans was 5-6%, with 967 originations.
Loan Sizing
2022 saw Golden Empire Mortgage place emphasis on $200k-400k loans with 1,406 originations, totaling $432,830,000 in origination value.
Applicant Income
Golden Empire Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,107 originations. The second most popular income band? $75k-100k, with 906 originations.
Applicant Debt to Income Ratio
Golden Empire Mortgage lent most frequently to those with DTI ratios of 30-36%, with 470 originations. The next most common DTI ratio? 50-60%, with 338 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.37%
Golden Empire Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination66.29%
Golden Empire Mortgage has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,764 | $1,312,780,000 | $348,773 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,764 | $1,312,780,000 | $348,773 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Guild Mortgage Company LLC | FHA mortgage | Struggling to pay mortgage | 1 | 100.0% |