Gold Credit Union Mortgage Rates, Fees & Info
Allentown, PALEI: 549300DJES4HXFQRN790
Tax ID: 23-0937747
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Gold Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. Gold Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Reading, East Stroudsburg, Pottsville, and Philadelphia among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)Gold Credit Union 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.
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Originations
95Origination Dollar Volume (All Markets)
$9,955,000Top 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 |
|---|---|---|---|---|---|
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 62 | $6,000,000 | $96,774 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 6 | $540,000 | $90,000 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 5 | $535,000 | $107,000 | $0 | 0.00% |
| Pottsville, PA (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $335,000 | $335,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 4 | $240,000 | $60,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 95 | $9,955,000 | $104,789 | $0 | 0.00% |
For 2018, Gold Credit Union's most frequently originated type of loan was Conventional, with 95 originations.
Loan Reason
For 2018, Gold Credit Union's most frequently cited loan purpose was Home Improvement, with 30 originations. The 2nd most popular reason was Home Purchase, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 95 | $9,955,000 | $104,789 | $0 | 0.00% |
For 2018, Gold Credit Union's most frequently cited loan duration was Other, with 95 originations.
Loan Sizing
2018 saw Gold Credit Union place emphasis on $100,000 or less loans with 49 originations, totaling $2,055,000 in origination value.
Applicant Income
Gold Credit Union lent most frequently to those with incomes in the $75k-100k range, with 28 originations. The second most popular income band? $100k-150k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 95 | $9,955,000 | $104,789 | $0 | 0.00% |
Gold Credit Union lent most frequently to those with DTI ratios of Exempt%, with 95 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 75 | $7,225,000 | $96,333 | $0 | 0.00% |
| Not provided | 17 | $2,495,000 | $146,765 | $0 | 0.00% |
| Black | 3 | $235,000 | $78,333 | $0 | 0.00% |
Approval Rates
Total approvals of all applications92.68%
Gold Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination81.05%
Gold Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 95 | $9,955,000 | $104,789 |