Golden Plains Mortgage Rates, Fees & InfoGarden City, KS
Tax ID: 48-0587457
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewGolden Plains is a smaller mortgage company specializing in loans. Golden Plains has a high proportion of conventional loans. Their top markets by origination volume include: Garden City, Hays, Wichita, Dodge City, and Liberal among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)
Golden Plains has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Golden Plains is typically a low 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||3/20/23|
|30 Year Conventional Purchase||6.37%||3/20/23|
|30 Year Conventional Refi||6.22%||3/20/23|
|30 Year Cash-out Refi||6.46%||3/20/23|
|30 Year USDA Purchase||6.56%||3/20/23|
|30 Year USDA Refi||6.27%||3/20/23|
|15 Year Conventional Purchase||5.74%||3/20/23|
|15 Year Conventional Refi||5.57%||3/20/23|
|15 Year Cash-out Refi||5.57%||3/20/23|
|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.|
Origination Dollar Volume (All Markets)$120,630,000
Golden Plains's average 30 year fixed mortgage rate was
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of -0.23%.
Relative Fees (Closing Costs)
Golden Plains's average total fees/closing costs for a 30 year fixed rate
mortgage were $1,930.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|Garden City, KS (FHA|USDA|VA)||254||$34,560,000||$136,063||$1,476||3.23%|
|Outside of Metro Areas||296||$31,890,000||$107,736||$1,980||3.15%|
|Hays, KS (FHA|USDA|VA)||143||$22,065,000||$154,301||$2,236||2.94%|
|WICHITA, KS (FHA|USDA|VA)||127||$13,815,000||$108,780||$1,594||3.47%|
|Dodge City, KS (FHA|USDA|VA)||48||$6,070,000||$126,458||$1,587||2.84%|
|Liberal, KS (FHA|USDA|VA)||56||$4,600,000||$82,143||$1,589||4.03%|
|KANSAS CITY, MO-KS (FHA|USDA|VA)||11||$2,385,000||$216,818||$1,648||3.07%|
|MANHATTAN, KS (FHA|USDA|VA)||8||$1,940,000||$242,500||$1,848||2.70%|
|Parsons, KS (FHA|USDA|VA)||10||$920,000||$92,000||$1,819||3.44%|
|Salina, KS (FHA|USDA|VA)||5||$675,000||$135,000||$1,506||2.48%|
|Hutchinson, KS (FHA|USDA|VA)||3||$415,000||$138,333||$1,264||2.67%|
|LAWRENCE, KS (FHA|USDA|VA)||3||$405,000||$135,000||$1,818||2.88%|
|Winfield, KS (FHA|USDA|VA)||4||$260,000||$65,000||$1,584||4.31%|
|McPherson, KS (FHA|USDA|VA)||2||$190,000||$95,000||$1,640||2.88%|
|Pittsburg, KS (FHA|USDA|VA)||2||$180,000||$90,000||$2,125||2.63%|
|Great Bend, KS (FHA|USDA|VA)||1||$145,000||$145,000||$3,488||2.88%|
|Stillwater, OK (FHA|USDA|VA)||1||$115,000||$115,000||$1,889||2.25%|
We use machine learning to identify the top lenders compared against GOLDEN PLAINS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 220
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Golden Plains's most frequently originated type of loan was Conventional, with 732 originations. Their 2nd most popular type was HELOC, with 186 originations.
For 2021, Golden Plains's most frequently cited loan purpose was Home Purchase, with 552 originations. The 2nd most popular reason was Refi, with 155 originations.
For 2021, Golden Plains's most frequently cited loan duration was 30 Year, with 420 originations. The 2nd most popular length was 15 Year, with 364 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Golden Plains's average total fees were $1,930, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 767 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2021, Golden Plains's average interest rate for loans was 2.92%, while their most frequently originated rate bucket for loans was 2.5-3%, with 365 originations.
2021 saw Golden Plains place emphasis on $100,000 or less loans with 426 originations, totaling $24,020,000 in origination value.
Golden Plains lent most frequently to those with incomes in the $50k or less range, with 279 originations. The second most popular income band? $50k-75k, with 247 originations.
Applicant Debt to Income Ratio
Golden Plains lent most frequently to those with DTI ratios of 20-30%, with 306 originations. The next most common DTI ratio? 30-36%, with 207 originations.
Approval RatesTotal approvals of all applications
Golden Plains has an average approval rate.
Pick RateApprovals leading to origination
Golden Plains has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2021 CPFB Complaints||% of Total Issues|
|GOLDEN 1 CREDIT UNION, THE||Conventional home mortgage||Struggling to pay mortgage||1||12.5%|
|GOLDEN 1 CREDIT UNION, THE||Conventional home mortgage||Trouble during payment process||4||50.0%|
|GOLDEN 1 CREDIT UNION, THE||FHA mortgage||Struggling to pay mortgage||1||12.5%|
|GOLDEN 1 CREDIT UNION, THE||FHA mortgage||Trouble during payment process||1||12.5%|
|GOLDEN 1 CREDIT UNION, THE||Other type of mortgage||Trouble during payment process||1||12.5%|