Golden Plains Mortgage Rates, Fees & Info

Garden City, KS

LEI: 5493003P55WOWIBVUF09

Tax ID: 48-0587457

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Golden Plains is a smaller mortgage company specializing in Home Purchase loans. Golden Plains has a high proportion of conventional loans. Their top markets by origination volume include: Garden City, Hays, Wichita, Liberal, and Dodge City among others. We have data for 20 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.

    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
    Home Equity Line of Credit (HELOC) 8.73% 4/28/24
    30 Year Conventional Purchase 6.70% 4/28/24
    30 Year Conventional Refi 6.79% 4/28/24
    30 Year Cash-out Refi 6.81% 4/28/24
    30 Year USDA Purchase 6.60% 4/28/24
    15 Year Conventional Purchase 6.15% 4/28/24
    15 Year Conventional Refi 6.09% 4/28/24
    15 Year Cash-out Refi 6.09% 4/28/24
    15 Year USDA Purchase 5.68% 4/28/24
    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.

    Golden Plains Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Golden Plains. 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

    652

    Origination Dollar Volume (All Markets)

    $64,760,000
    Show all (7) 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
    Garden City, KS (FHA|USDA|VA) 183 $19,775,000 $108,060 $1,547 4.98%
    Outside of Metro Areas 169 $16,355,000 $96,775 $2,174 5.08%
    Hays, KS (FHA|USDA|VA) 91 $12,125,000 $133,242 $2,830 4.88%
    WICHITA, KS (FHA|USDA|VA) 87 $7,045,000 $80,977 $1,604 4.76%
    Liberal, KS (FHA|USDA|VA) 44 $2,860,000 $65,000 $1,621 5.22%
    Dodge City, KS (FHA|USDA|VA) 28 $2,550,000 $91,071 $1,579 5.20%
    Parsons, KS (FHA|USDA|VA) 12 $660,000 $55,000 $1,699 4.60%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $585,000 $195,000 $1,731 4.37%
    Great Bend, KS (FHA|USDA|VA) 7 $575,000 $82,143 $2,361 3.50%
    Hutchinson, KS (FHA|USDA|VA) 3 $435,000 $145,000 $1,747 6.17%
    Salina, KS (FHA|USDA|VA) 4 $290,000 $72,500 $1,595 6.38%
    MANHATTAN, KS (FHA|USDA|VA) 2 $270,000 $135,000 $1,730 5.06%
    TOPEKA, KS (FHA|USDA|VA) 2 $250,000 $125,000 $2,009 4.13%
    McPherson, KS (FHA|USDA|VA) 5 $235,000 $47,000 $1,682 4.66%
    Winfield, KS (FHA|USDA|VA) 5 $215,000 $43,000 $1,494 5.35%
    Coffeyville, KS (FHA|USDA|VA) 2 $210,000 $105,000 $1,380 5.38%
    Pittsburg, KS (FHA|USDA|VA) 2 $130,000 $65,000 $1,950 4.31%
    Atchison, KS (FHA|USDA|VA) 1 $105,000 $105,000 $1,618 5.25%
    LAWRENCE, KS (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.99%
    Ottawa, KS (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.99%
    Golden Plains's top markets include Garden City, Hays, Wichita, Liberal, and Dodge City among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)

    • Similar Lenders

    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.

    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 34
    SKYWARD
    Similarity Rank: 124
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 126
    Members Mortgage Services, L.L.C.
    Similarity Rank: 198
    Intrust Bank
    Similarity Rank: 425
    MID AMERICAN
    Similarity Rank: 513
    Landmark National Bank
    Similarity Rank: 516
    Emprise Bank
    Similarity Rank: 551
    MERITRUST Federal Credit Union
    Similarity Rank: 555
    Wichita Federal Credit Union
    Similarity Rank: 570

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 334 $48,780,000 $146,048 $1,900 4.74%
    HELOC 288 $12,480,000 $43,333 n/a 5.32%
    USDA 30 $3,500,000 $116,667 $3,423 4.42%

    For 2022, Golden Plains's most frequently originated type of loan was Conventional, with 334 originations. Their 2nd most popular type was HELOC, with 288 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 383 $47,145,000 $123,094 $2,126 5.01%
    Home Improvement 81 $3,285,000 $40,556 $0 5.16%
    Cash Out Refi 75 $6,425,000 $85,667 $1,639 4.57%
    Other 67 $2,795,000 $41,716 $0 5.53%
    Refi 46 $5,110,000 $111,087 $1,815 4.34%

    For 2022, Golden Plains's most frequently cited loan purpose was Home Purchase, with 383 originations. The 2nd most popular reason was Home Improvement, with 81 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 246 $15,040,000 $61,138 $1,649 5.34%
    30 Year 243 $38,935,000 $160,226 $2,167 4.93%
    Other 111 $4,345,000 $39,144 $1,110 4.49%
    20 Year 35 $4,725,000 $135,000 $1,990 4.73%
    10 Year 16 $1,700,000 $106,250 $1,674 4.15%
    5 Year 1 $15,000 $15,000 $0 3.99%

    For 2022, Golden Plains's most frequently cited loan duration was 15 Year, with 246 originations. The 2nd most popular length was 30 Year, with 243 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 336 $48,280,000 $143,690
    $1k-2k 10 $1,500,000 $150,000
    $2k-3k 10 $1,460,000 $146,000
    $3k-4k 6 $790,000 $131,667
    $5k+ 1 $165,000 $165,000

    Golden Plains's average total fees were $2,167, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 336 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 248 $22,400,000 $90,323
    3-4% 167 $15,755,000 $94,341
    4-5% 108 $13,920,000 $128,889
    6-7% 56 $6,270,000 $111,964
    2.5-3% 36 $3,330,000 $92,500
    7-8% 19 $1,295,000 $68,158
    <2.5% 15 $1,655,000 $110,333
    Over 8% 3 $135,000 $45,000

    During 2022, Golden Plains's average interest rate for loans was 4.93%, while their most frequently originated rate bucket for loans was 5-6%, with 248 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 396 $18,760,000 $47,374 $1,832 5.14%
    $100k-200k 186 $27,180,000 $146,129 $2,215 4.67%
    $200k-400k 67 $17,565,000 $262,164 $1,890 4.92%
    $400k-600k 3 $1,255,000 $418,333 $2,112 4.83%

    2022 saw Golden Plains place emphasis on $100,000 or less loans with 396 originations, totaling $18,760,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 167 $15,825,000 $94,760 $2,061 4.98%
    $50k or less 147 $11,715,000 $79,694 $1,848 4.92%
    $100k-150k 138 $15,550,000 $112,681 $1,875 4.98%
    $75k-100k 115 $12,465,000 $108,391 $2,099 5.03%
    $150k-250k 69 $7,755,000 $112,391 $2,472 5.03%
    $250k+ 11 $995,000 $90,455 $3,046 4.94%

    Golden Plains lent most frequently to those with incomes in the $50k-75k range, with 167 originations. The second most popular income band? $50k or less, with 147 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 182 $16,540,000 $90,879 $2,144 4.92%
    30-36% 158 $15,300,000 $96,835 $2,144 5.04%
    <20% 82 $5,660,000 $69,024 $1,888 4.85%
    36% 29 $3,175,000 $109,483 $2,032 4.68%
    39% 27 $2,705,000 $100,185 $2,129 5.01%
    38% 27 $3,595,000 $133,148 $1,689 4.90%
    37% 26 $2,240,000 $86,154 $1,976 5.32%
    40% 23 $3,005,000 $130,652 $2,177 5.06%
    41% 20 $2,810,000 $140,500 $2,088 4.71%
    42% 15 $2,555,000 $170,333 $1,433 5.19%
    44% 15 $1,685,000 $112,333 $1,872 5.34%
    43% 14 $1,720,000 $122,857 $2,140 5.20%
    45% 12 $1,560,000 $130,000 $1,611 4.90%
    47% 7 $755,000 $107,857 $1,781 4.82%
    46% 5 $425,000 $85,000 $1,677 5.35%
    50-60% 4 $450,000 $112,500 $1,620 5.75%
    48% 3 $285,000 $95,000 $2,517 6.38%
    49% 2 $260,000 $130,000 $893 4.62%
    >60% 1 $35,000 $35,000 $0 3.99%

    Golden Plains lent most frequently to those with DTI ratios of 20-30%, with 182 originations. The next most common DTI ratio? 30-36%, with 158 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 548 $54,890,000 $100,164 $2,065 4.95%
    Not provided 70 $6,850,000 $97,857 $1,794 5.16%
    Black 18 $1,390,000 $77,222 $1,998 5.34%
    Asian 10 $1,160,000 $116,000 $1,450 5.18%
    American Indian 4 $370,000 $92,500 $2,365 3.50%
    Not applicable 2 $100,000 $50,000 $0 6.50%

    Approval Rates

    Total approvals of all applications
    81.33%

    Golden Plains has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.15%

    Golden Plains has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 652 $64,760,000 $99,325

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    652 $64,760,000 $99,325

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 115 $5,905,000 $51,348 $1,545 5.35%
    40-60% 58 $5,760,000 $99,310 $1,695 4.69%
    60-80% 123 $17,305,000 $140,691 $2,099 4.56%
    80-100% 212 $31,270,000 $147,500 $2,090 4.96%
    Over 100% 4 $460,000 $115,000 $3,356 3.50%
    Under 20% 138 $4,000,000 $28,986 $941 5.25%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    Guild Mortgage Company LLC FHA mortgage Struggling to pay mortgage 1 100.0%