Golden West Alliance Mortgage Rates, Fees & InfoGLENDALE, CA
Tax ID: 20-8169449
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewGolden West Alliance is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Golden West Alliance has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, San Jose, Riverside, Oxnard, and Salinas among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)
Golden West Alliance 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 West Alliance 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.
|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||7.09%||5/27/23|
|30 Year Conventional Refi||6.50%||5/27/23|
|30 Year Cash-out Refi||7.01%||5/27/23|
|30 Year FHA Purchase||7.40%||5/27/23|
|30 Year FHA Refi||6.86%||5/27/23|
|30 Year VA Purchase||6.60%||5/27/23|
|15 Year Conventional Refi||6.16%||5/27/23|
|15 Year Cash-out Refi||6.16%||5/27/23|
|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.|
Golden West Alliance Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Golden West Alliance. 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.
Origination Dollar Volume (All Markets)$100,260,000
Golden West Alliance's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.11%.
Relative Fees (Closing Costs)
Golden West Alliance's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,779.
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|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||96||$71,110,000||$740,729||$12,306||4.66%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||4||$6,340,000||$1,585,000||$12,188||5.28%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||15||$6,155,000||$410,333||$9,221||4.91%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||8||$4,670,000||$583,750||$8,812||4.81%|
|SALINAS, CA (FHA|USDA|VA)||2||$3,280,000||$1,640,000||$14,834||3.38%|
|BAKERSFIELD, CA (FHA|USDA|VA)||5||$1,625,000||$325,000||$9,586||5.58%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||3||$1,445,000||$481,667||$7,411||5.08%|
|MADERA, CA (FHA|USDA|VA)||3||$1,065,000||$355,000||$11,179||4.42%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||3||$745,000||$248,333||$13,335||6.38%|
|Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA)||2||$710,000||$355,000||$8,460||7.19%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||1||$705,000||$705,000||$19,379||4.00%|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||1||$675,000||$675,000||$19,948||4.75%|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||3||$645,000||$215,000||$9,308||6.75%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||1||$315,000||$315,000||$17,921||7.63%|
|MERCED, CA (FHA|USDA|VA)||1||$285,000||$285,000||$12,754||2.63%|
|SANTA ROSA-PETALUMA, CA (FHA|USDA|VA)||1||$255,000||$255,000||$3,342||3.50%|
|Clearlake, CA (FHA|USDA|VA)||1||$235,000||$235,000||$7,809||3.75%|
We use machine learning to identify the top lenders compared against GOLDEN WEST ALLIANCE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 316
Similarity Rank: 644
Similarity Rank: 660
Similarity Rank: 1025
Similarity Rank: 1062
Similarity Rank: 1120
Similarity Rank: 1300
Similarity Rank: 1380
Similarity Rank: 1484
Similarity Rank: 1584
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Golden West Alliance's most frequently originated type of loan was Conventional, with 133 originations. Their 2nd most popular type was FHA, with 14 originations.
For 2022, Golden West Alliance's most frequently cited loan purpose was Home Purchase, with 86 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Golden West Alliance's most frequently cited loan duration was 30 Year, with 146 originations. The 2nd most popular length was 15 Year, with 2 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Golden West Alliance's average total fees were $11,779, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 78 originations.
During 2022, Golden West Alliance's average interest rate for loans was 4.87%, while their most frequently originated rate bucket for loans was 3-4%, with 54 originations.
2022 saw Golden West Alliance place emphasis on $600k-1MM loans with 50 originations, totaling $39,500,000 in origination value.
Golden West Alliance lent most frequently to those with incomes in the $250k+ range, with 41 originations. The second most popular income band? $150k-250k, with 36 originations.
Applicant Debt to Income Ratio
Golden West Alliance lent most frequently to those with DTI ratios of 44%, with 15 originations. The next most common DTI ratio? 20-30%, with 14 originations.
Approval RatesTotal approvals of all applications
Golden West Alliance has an average approval rate.
Pick RateApprovals leading to origination
Golden West Alliance 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|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|Guild Mortgage Company LLC||FHA mortgage||Struggling to pay mortgage||1||100.0%|