Gold Star Mortgage Financial Group Corporation Rates, Fees & Info

PLYMOUTH, MI

LEI: 5493002Y5XYV7DV1ZV88

Tax ID: 38-3564305

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Gold Star Mortgage Financial Group Corporation is a smaller mortgage company specializing in Home Purchase loans. Gold Star Mortgage Financial Group Corporation 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: Detroit, Miami, Sacramento, Ann Arbor, and Las Vegas among others. We have data for 140 markets. (Some data included below & more in-depth data is available with an active subscription.)

Gold Star Mortgage Financial Group Corporation 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. Gold Star Mortgage Financial Group Corporation is typically an average 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 6.93% 3/28/24
30 Year Conventional Refi 6.64% 3/28/24
30 Year Cash-out Refi 6.98% 3/28/24
30 Year FHA Purchase 7.50% 3/28/24
30 Year FHA Refi 7.30% 3/28/24
30 Year VA Purchase 6.22% 3/28/24
30 Year VA Refi 5.99% 3/28/24
30 Year USDA Purchase 6.85% 3/28/24
30 Year USDA Refi 7.30% 3/28/24
15 Year Conventional Purchase 6.10% 3/28/24
15 Year Conventional Refi 6.19% 3/28/24
15 Year Cash-out Refi 6.19% 3/28/24
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.

Gold Star Mortgage Financial Group Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Gold Star Mortgage Financial Group Corporation. 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

3,491

Origination Dollar Volume (All Markets)

$792,095,000
Show all (16) awards

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
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1,002 $190,860,000 $190,479 $3,641 4.97%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 607 $147,625,000 $243,204 $6,726 4.99%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 149 $50,455,000 $338,624 $4,196 4.78%
ANN ARBOR, MI (FHA|USDA|VA) 171 $42,945,000 $251,140 $3,054 4.76%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 140 $35,460,000 $253,286 $5,067 5.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 94 $28,490,000 $303,085 $5,375 4.53%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 57 $21,625,000 $379,386 $5,175 4.88%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 100 $20,230,000 $202,300 $6,649 5.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 81 $17,665,000 $218,086 $4,420 4.85%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 63 $16,645,000 $264,206 $5,027 4.83%
MERCED, CA (FHA|USDA|VA) 82 $16,520,000 $201,463 $5,309 5.10%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 92 $15,900,000 $172,826 $5,936 4.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 26 $12,850,000 $494,231 $6,719 4.81%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 35 $10,235,000 $292,429 $5,799 4.96%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 45 $9,025,000 $200,556 $5,362 5.11%
Outside of Metro Areas 48 $8,040,000 $167,500 $4,278 4.98%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 32 $7,670,000 $239,688 $4,859 5.08%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 21 $6,775,000 $322,619 $3,627 4.71%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 33 $6,355,000 $192,576 $4,543 4.83%
MONROE, MI (FHA|USDA|VA) 33 $6,165,000 $186,818 $3,642 4.84%
PORT ST. LUCIE, FL (FHA|USDA|VA) 29 $5,565,000 $191,897 $5,938 5.19%
JACKSON, MI (FHA|USDA|VA) 27 $5,155,000 $190,926 $3,609 4.90%
Adrian, MI (FHA|USDA|VA) 33 $5,115,000 $155,000 $3,777 5.01%
HUNTSVILLE, AL (FHA|USDA|VA) 28 $4,920,000 $175,714 $5,749 4.90%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 19 $4,775,000 $251,316 $5,588 5.06%
FLINT, MI (FHA|USDA|VA) 30 $4,740,000 $158,000 $4,699 5.13%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 29 $4,695,000 $161,897 $8,882 4.77%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $4,590,000 $255,000 $5,499 4.88%
REDDING, CA (FHA|USDA|VA) 19 $4,165,000 $219,211 $3,818 4.81%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 18 $3,290,000 $182,778 $7,085 5.13%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,095,000 $442,143 $2,853 4.66%
MODESTO, CA (FHA|USDA|VA) 11 $3,005,000 $273,182 $4,054 4.72%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 12 $3,000,000 $250,000 $7,188 5.05%
AKRON, OH (FHA|USDA|VA) 12 $2,530,000 $210,833 $6,658 4.78%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $2,320,000 $386,667 $6,896 4.79%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $2,285,000 $457,000 $3,709 4.65%
COLUMBUS, OH (FHA|USDA|VA) 9 $2,255,000 $250,556 $5,077 4.97%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $2,230,000 $371,667 $9,608 4.33%
RENO, NV (FHA|USDA|VA) 8 $2,220,000 $277,500 $4,981 4.87%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 14 $2,100,000 $150,000 $5,160 5.06%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $2,055,000 $293,571 $6,115 4.82%
STOCKTON, CA (FHA|USDA|VA) 6 $1,830,000 $305,000 $3,553 4.98%
JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,820,000 $227,500 $6,288 5.44%
Hillsdale, MI (FHA|USDA|VA) 9 $1,815,000 $201,667 $3,869 4.93%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $1,575,000 $175,000 $5,299 5.05%
GAINESVILLE, FL (FHA|USDA|VA) 6 $1,530,000 $255,000 $6,070 5.17%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,320,000 $330,000 $5,046 4.69%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 6 $1,240,000 $206,667 $5,906 5.10%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,165,000 $233,000 $5,586 4.97%
FRESNO, CA (FHA|USDA|VA) 4 $1,150,000 $287,500 $4,748 5.06%
Traverse City, MI (FHA|USDA|VA) 6 $1,130,000 $188,333 $5,743 4.70%
MUSKEGON, MI (FHA|USDA|VA) 7 $1,035,000 $147,857 $4,130 4.98%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 8 $1,020,000 $127,500 $5,676 5.28%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $2,747 4.71%
Sonora, CA (FHA|USDA|VA) 3 $885,000 $295,000 $2,781 5.08%
Holland, MI (FHA|USDA|VA) 7 $845,000 $120,714 $4,490 4.66%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $845,000 $281,667 $4,733 4.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $835,000 $167,000 $6,200 5.12%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 4 $800,000 $200,000 $5,148 5.06%
YUBA CITY, CA (FHA|USDA|VA) 3 $765,000 $255,000 $4,713 5.25%
MADERA, CA (FHA|USDA|VA) 4 $710,000 $177,500 $4,707 4.75%
BATTLE CREEK, MI (FHA|USDA|VA) 6 $690,000 $115,000 $2,809 5.15%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $685,000 $228,333 $2,806 4.74%
MONTGOMERY, AL (FHA|USDA|VA) 4 $650,000 $162,500 $4,036 5.19%
SALEM, OR (FHA|USDA|VA) 2 $590,000 $295,000 $4,530 4.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $575,000 $115,000 $5,490 5.78%
DECATUR, AL (FHA|USDA|VA) 4 $570,000 $142,500 $5,860 5.03%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $570,000 $285,000 $3,564 5.25%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $555,000 $555,000 $4,008 4.88%
SAGINAW, MI (FHA|USDA|VA) 4 $550,000 $137,500 $5,005 4.84%
Key West, FL (FHA|USDA|VA) 2 $530,000 $265,000 $4,494 4.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $520,000 $260,000 $5,504 5.00%
SALINAS, CA (FHA|USDA|VA) 1 $515,000 $515,000 $2,186 4.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $515,000 $171,667 $5,097 4.71%
PITTSBURGH, PA (FHA|USDA|VA) 2 $500,000 $250,000 $3,118 5.19%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $455,000 $455,000 $7,022 4.38%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $455,000 $455,000 $1,321 4.50%
VALLEJO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $3,321 5.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $440,000 $220,000 $5,060 4.94%
CHICO, CA (FHA|USDA|VA) 3 $435,000 $145,000 $3,825 5.12%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $405,000 $405,000 $3,706 4.75%
KNOXVILLE, TN (FHA|USDA|VA) 2 $400,000 $200,000 $2,827 5.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $390,000 $195,000 $2,450 4.25%
Cookeville, TN (FHA|USDA|VA) 2 $350,000 $175,000 $5,882 4.88%
TOLEDO, OH (FHA|USDA|VA) 3 $345,000 $115,000 $3,841 5.21%
Newport, OR (FHA|USDA|VA) 1 $345,000 $345,000 $12,535 5.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $345,000 $345,000 $10,511 4.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $345,000 $345,000 $2,937 4.63%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $340,000 $170,000 $3,987 4.99%
Okeechobee, FL (FHA|USDA|VA) 2 $340,000 $170,000 $3,812 4.94%
Sandusky, OH (FHA|USDA|VA) 1 $335,000 $335,000 $4,663 4.00%
ROCHESTER, MN (FHA|USDA|VA) 1 $335,000 $335,000 $7,271 4.99%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $330,000 $165,000 $10,035 4.75%
Sturgis, MI (FHA|USDA|VA) 3 $315,000 $105,000 $4,215 5.21%
TYLER, TX (FHA|USDA|VA) 1 $285,000 $285,000 $2,865 5.75%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,440 5.75%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $275,000 $275,000 $7,695 4.25%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $10,263 5.13%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,920 4.50%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,226 4.75%
Escanaba, MI (FHA|USDA|VA) 1 $245,000 $245,000 $5,140 4.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $245,000 $245,000 $5,813 5.25%
WENATCHEE, WA (FHA|USDA|VA) 1 $245,000 $245,000 $4,263 5.38%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $240,000 $120,000 $2,101 4.94%
Lewisburg, TN (FHA|USDA|VA) 1 $235,000 $235,000 $3,323 5.00%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $230,000 $115,000 $3,970 4.94%
EL CENTRO, CA (FHA|USDA|VA) 2 $230,000 $115,000 $4,322 4.81%
Red Wing, MN (FHA|USDA|VA) 1 $225,000 $225,000 $9,638 5.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $4,983 4.99%
Portsmouth, OH (FHA|USDA|VA) 1 $215,000 $215,000 $8,532 5.00%
Sault Ste. Marie, MI (FHA|USDA|VA) 1 $205,000 $205,000 $3,177 4.38%
SAN ANGELO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,616 4.50%
Ludington, MI (FHA|USDA|VA) 2 $190,000 $95,000 $5,118 4.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $185,000 $185,000 $5,768 5.63%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,922 5.88%
PEORIA, IL (FHA|USDA|VA) 1 $165,000 $165,000 $5,533 5.25%
ERIE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $2,473 4.50%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,756 5.50%
Alma, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,035 4.50%
NILES, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,437 4.88%
Lake City, FL (FHA|USDA|VA) 1 $155,000 $155,000 $4,853 4.88%
Susanville, CA (FHA|USDA|VA) 1 $155,000 $155,000 $1,288 5.63%
OCALA, FL (FHA|USDA|VA) 1 $145,000 $145,000 $5,516 4.99%
El Campo, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,909 5.63%
LANCASTER, PA (FHA|USDA|VA) 1 $145,000 $145,000 $7,660 4.99%
WACO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $3,093 5.50%
Kendallville, IN (FHA|USDA|VA) 1 $135,000 $135,000 $5,568 5.50%
Mount Pleasant, MI (FHA|USDA|VA) 1 $135,000 $135,000 $5,040 5.50%
ABILENE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $7,116 4.50%
CARSON CITY, NV (FHA|USDA|VA) 1 $125,000 $125,000 $2,255 4.63%
Marquette, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,271 4.63%
GRANTS PASS, OR (FHA|USDA|VA) 1 $105,000 $105,000 $4,213 4.00%
BAY CITY, MI (FHA|USDA|VA) 1 $95,000 $95,000 $4,138 5.63%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $95,000 $95,000 $5,598 4.99%
Big Rapids, MI (FHA|USDA|VA) 1 $95,000 $95,000 $3,424 5.13%
Ashtabula, OH (FHA|USDA|VA) 1 $85,000 $85,000 $5,548 5.38%
CLEVELAND, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,209 5.50%
Marion, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,847 5.13%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $65,000 $65,000 $3,997 4.63%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $65,000 $65,000 $3,689 5.88%
Gold Star Mortgage Financial Group Corporation's top markets include Detroit, Miami, Sacramento, Ann Arbor, and Las Vegas among others.

Their top states include:
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,394 $561,650,000 $234,607 $3,862 4.94%
    FHA 865 $176,355,000 $203,879 $7,702 4.99%
    VA 160 $42,790,000 $267,438 $5,278 4.74%
    USDA 72 $11,300,000 $156,944 $4,295 4.88%

    For 2018, Gold Star Mortgage Financial Group Corporation's most frequently originated type of loan was Conventional, with 2,394 originations. Their 2nd most popular type was FHA, with 865 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,943 $667,495,000 $226,808 $5,047 4.94%
    Cash Out Refi 374 $81,980,000 $219,198 $4,252 5.03%
    Refi 174 $42,620,000 $244,943 $3,555 4.72%

    For 2018, Gold Star Mortgage Financial Group Corporation's most frequently cited loan purpose was Home Purchase, with 2,943 originations. The 2nd most popular reason was Cash Out Refi, with 374 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,258 $743,390,000 $228,174 $4,981 4.98%
    15 Year 152 $30,620,000 $201,447 $3,531 4.26%
    20 Year 77 $17,515,000 $227,468 $3,691 4.51%
    Other 3 $465,000 $155,000 $3,977 5.00%
    10 Year 1 $105,000 $105,000 $2,095 4.50%

    For 2018, Gold Star Mortgage Financial Group Corporation's most frequently cited loan duration was 30 Year, with 3,258 originations. The 2nd most popular length was 15 Year, with 152 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,175 $261,855,000 $222,855
    $<1k 613 $143,575,000 $234,217
    $2k-3k 539 $107,915,000 $200,213
    $3k-4k 265 $58,065,000 $219,113
    $4k-5k 113 $27,005,000 $238,982
    $5k+ 100 $29,700,000 $297,000

    Gold Star Mortgage Financial Group Corporation's average total fees were $4,981, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,175 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,100 $510,560,000 $243,124
    5-6% 1,273 $252,355,000 $198,236
    3-4% 101 $26,605,000 $263,416
    6-7% 17 $2,575,000 $151,471

    During 2018, Gold Star Mortgage Financial Group Corporation's average interest rate for loans was 4.98%, while their most frequently originated rate bucket for loans was 4-5%, with 2,100 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,638 $447,980,000 $273,492 $5,390 4.87%
    $100k-200k 1,327 $201,245,000 $151,654 $4,474 5.01%
    $100,000 or less 261 $20,495,000 $78,525 $3,414 5.21%
    $400k-600k 250 $112,150,000 $448,600 $5,063 4.78%
    $600k-1MM 15 $10,225,000 $681,667 $9,248 4.68%

    2018 saw Gold Star Mortgage Financial Group Corporation place emphasis on $200k-400k loans with 1,638 originations, totaling $447,980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,029 $206,065,000 $200,258 $5,070 4.96%
    $75k-100k 713 $172,255,000 $241,592 $5,035 4.92%
    $50k or less 711 $101,685,000 $143,017 $4,507 5.03%
    $100k-150k 645 $181,125,000 $280,814 $5,042 4.88%
    $150k-250k 296 $98,860,000 $333,986 $4,659 4.88%
    $250k+ 95 $31,525,000 $331,842 $4,361 4.82%

    Gold Star Mortgage Financial Group Corporation lent most frequently to those with incomes in the $50k-75k range, with 1,029 originations. The second most popular income band? $75k-100k, with 713 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 525 $114,515,000 $218,124 $4,327 4.92%
    20-30% 457 $101,215,000 $221,477 $4,194 4.86%
    50-60% 379 $82,525,000 $217,744 $7,305 4.96%
    49% 217 $53,175,000 $245,046 $4,580 4.90%
    42% 173 $37,495,000 $216,734 $4,681 5.02%
    48% 169 $40,695,000 $240,799 $5,166 4.97%
    44% 149 $35,605,000 $238,960 $4,880 5.07%
    41% 146 $32,000,000 $219,178 $4,807 5.05%
    45% 144 $32,690,000 $227,014 $4,853 4.99%
    47% 144 $34,080,000 $236,667 $5,088 4.94%
    46% 140 $31,250,000 $223,214 $4,723 4.96%
    40% 125 $29,995,000 $239,960 $4,776 5.03%
    39% 123 $29,555,000 $240,285 $4,751 4.98%
    43% 121 $28,725,000 $237,397 $4,797 4.96%
    38% 113 $26,855,000 $237,655 $4,214 4.93%
    37% 112 $25,330,000 $226,161 $4,841 4.98%
    <20% 111 $23,445,000 $211,216 $3,923 4.76%
    36% 99 $21,425,000 $216,414 $4,454 4.88%
    >60% 42 $10,940,000 $260,476 $5,834 4.77%

    Gold Star Mortgage Financial Group Corporation lent most frequently to those with DTI ratios of 30-36%, with 525 originations. The next most common DTI ratio? 20-30%, with 457 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,585 $573,145,000 $221,720 $4,751 4.94%
    Black 402 $79,660,000 $198,159 $6,207 5.08%
    Not provided 263 $70,215,000 $266,977 $4,126 4.89%
    Asian Indian 77 $23,355,000 $303,312 $4,494 4.72%
    Asian 63 $18,115,000 $287,540 $5,465 4.71%
    Chinese 16 $5,160,000 $322,500 $5,033 4.69%
    Other Asian 18 $5,130,000 $285,000 $5,231 4.72%
    Filipino 19 $5,125,000 $269,737 $5,666 5.09%
    Korean 10 $3,420,000 $342,000 $4,572 4.84%
    Japanese 9 $2,655,000 $295,000 $4,534 4.79%
    American Indian 10 $2,330,000 $233,000 $4,643 4.92%
    Vietnamese 9 $1,815,000 $201,667 $4,552 5.08%
    Other Pacific Islander 5 $945,000 $189,000 $5,832 4.75%
    Native Hawaiian or Islander 4 $940,000 $235,000 $5,433 5.09%
    Samoan 1 $85,000 $85,000 $2,758 5.88%

    Approval Rates

    Total approvals of all applications
    95.87%

    Gold Star Mortgage Financial Group Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    44.20%

    Gold Star Mortgage Financial Group Corporation 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 3,491 $792,095,000 $226,896

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $335,000 $111,667
    Single Family (1-4 Units):Site-Built 3,488 $791,760,000 $226,995

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 52 $9,260,000 $178,077 $3,702 4.69%
    40-60% 181 $38,215,000 $211,133 $3,478 4.72%
    60-80% 899 $215,185,000 $239,360 $4,012 4.95%
    80-100% 2,323 $521,175,000 $224,354 $5,327 4.96%
    Over 100% 33 $8,045,000 $243,788 $7,563 4.85%
    Under 20% 3 $215,000 $71,667 $3,124 4.54%