Goldwater Bank N.a. Mortgage Rates, Fees & Info

Phoenix, AZ

LEI: 549300X08QKYUH256I80

Tax ID: 20-8594440

3.6 stars - out of 5 stars, based on 83 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Goldwater Bank N.a. is a small bank specializing in Home Purchase and Refi loans. Goldwater Bank N.a. 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 include Minneapolis, Atlanta, Houston, New Orleans, and Phoenix among others. Goldwater Bank N.a. has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Goldwater Bank N.a. is typically a high fee lendor.


Originations

6,905

Origination Dollar Volume (All Markets)

$1,960,535,000

Employee count

267

Awards

Goldwater Bank N.A. 30 Year Conventional Loans bronze Goldwater Bank N.A. 30 Year Conventional Loans bronze Goldwater Bank N.A. 30 Year Conventional Loans silver
Show all (3) awards

Relative Rate

Goldwater Bank N.a.'s average 30 year fixed rate mortgage of loans were 3.15%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0%.

Relative Fees

Goldwater Bank N.a.'s average total fees for a 30 year fixed rate mortgage are $6,147.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1,502 $406,250,000 $270,473 $5,226 3.11%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 633 $169,725,000 $268,128 $4,664 3.11%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 401 $119,815,000 $298,791 $6,528 3.13%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 443 $119,445,000 $269,628 $4,959 3.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 226 $105,960,000 $468,850 $7,481 3.18%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 177 $80,385,000 $454,153 $8,440 3.04%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 226 $68,430,000 $302,788 $6,792 3.12%
Outside of Metro Areas 217 $49,435,000 $227,811 $5,794 3.15%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 213 $46,675,000 $219,131 $5,344 3.11%
PORT ST. LUCIE, FL (FHA|USDA|VA) 123 $38,795,000 $315,407 $8,725 4.60%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 157 $30,515,000 $194,363 $5,414 3.18%
OCALA, FL (FHA|USDA|VA) 135 $27,055,000 $200,407 $6,820 3.53%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 55 $23,335,000 $424,273 $9,466 2.86%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 37 $22,995,000 $621,486 $7,786 3.27%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 90 $20,790,000 $231,000 $7,145 3.28%
Brainerd, MN (FHA|USDA|VA) 93 $20,765,000 $223,280 $5,306 3.12%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 33 $20,695,000 $627,121 $11,850 3.18%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 53 $18,455,000 $348,208 $3,896 3.21%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 53 $17,865,000 $337,075 $5,507 2.84%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 52 $17,490,000 $336,346 $7,103 3.20%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 75 $16,775,000 $223,667 $6,020 3.27%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 31 $16,645,000 $536,935 $9,530 3.01%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 61 $15,135,000 $248,115 $4,489 3.08%
Mount Pleasant, TX (FHA|USDA|VA) 54 $14,600,000 $270,370 $7,777 3.15%
Aberdeen, SD (FHA|USDA|VA) 73 $13,455,000 $184,315 $6,463 3.20%
OKLAHOMA CITY, OK (FHA|USDA|VA) 65 $13,105,000 $201,615 $4,725 3.04%
ST. CLOUD, MN (FHA|USDA|VA) 60 $12,760,000 $212,667 $5,719 3.12%
ALBUQUERQUE, NM (FHA|USDA|VA) 52 $12,670,000 $243,654 $4,122 3.02%
ST. GEORGE, UT (FHA|USDA|VA) 28 $11,810,000 $421,786 $6,387 3.14%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 29 $8,525,000 $293,966 $7,931 3.12%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 25 $8,275,000 $331,000 $6,759 3.55%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 32 $8,130,000 $254,063 $6,412 3.32%
Corsicana, TX (FHA|USDA|VA) 38 $8,060,000 $212,105 $6,970 3.38%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 21 $7,435,000 $354,048 $7,377 3.06%
GADSDEN, AL (FHA|USDA|VA) 43 $7,435,000 $172,907 $4,753 2.97%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 19 $7,425,000 $390,789 $5,115 3.00%
Coos Bay, OR (FHA|USDA|VA) 24 $6,800,000 $283,333 $5,728 3.13%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 32 $6,640,000 $207,500 $4,941 3.17%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 20 $6,470,000 $323,500 $7,405 3.01%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 18 $6,450,000 $358,333 $6,624 3.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 24 $5,970,000 $248,750 $5,015 3.08%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 17 $5,775,000 $339,706 $7,925 2.95%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 19 $5,485,000 $288,684 $7,111 3.03%
HAMMOND, LA (FHA|USDA|VA) 26 $5,450,000 $209,615 $5,082 3.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 12 $5,290,000 $440,833 $10,260 3.14%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $4,975,000 $710,714 $10,203 2.82%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 19 $4,905,000 $258,158 $6,582 3.22%
BATON ROUGE, LA (FHA|USDA|VA) 20 $4,850,000 $242,500 $5,278 3.21%
Heber, UT (FHA|USDA|VA) 1 $4,725,000 $4,725,000 $23,446 4.75%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 12 $4,420,000 $368,333 $5,806 3.13%
EL PASO, TX (FHA|USDA|VA) 17 $4,405,000 $259,118 $6,563 3.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 15 $4,305,000 $287,000 $5,619 3.09%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $4,035,000 $448,333 $7,741 2.83%
ST. LOUIS, MO-IL (FHA|USDA|VA) 18 $3,980,000 $221,111 $4,916 2.87%
GAINESVILLE, GA (FHA|USDA|VA) 11 $3,865,000 $351,364 $4,142 3.14%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $3,730,000 $373,000 $8,761 4.06%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 23 $3,705,000 $161,087 $6,169 3.11%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 13 $3,655,000 $281,154 $5,694 3.14%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 8 $3,610,000 $451,250 $8,446 3.06%
NAPA, CA (FHA|USDA|VA) 4 $3,610,000 $902,500 $12,641 3.09%
Carlsbad-Artesia, NM (FHA|USDA|VA) 14 $3,530,000 $252,143 $4,795 3.17%
LONGVIEW, TX (FHA|USDA|VA) 18 $3,520,000 $195,556 $6,877 3.27%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $3,390,000 $339,000 $4,220 2.95%
AKRON, OH (FHA|USDA|VA) 16 $3,230,000 $201,875 $5,203 3.25%
Clewiston, FL (FHA|USDA|VA) 15 $3,175,000 $211,667 $7,976 5.24%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $3,160,000 $395,000 $7,095 3.69%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 9 $3,015,000 $335,000 $8,621 2.63%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 14 $2,990,000 $213,571 $5,953 3.63%
GREELEY, CO (FHA|USDA|VA) 6 $2,950,000 $491,667 $8,857 3.58%
SAVANNAH, GA (FHA|USDA|VA) 8 $2,920,000 $365,000 $9,612 2.98%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 18 $2,850,000 $158,333 $3,983 3.08%
Faribault-Northfield, MN (FHA|USDA|VA) 12 $2,820,000 $235,000 $5,414 3.28%
Red Wing, MN (FHA|USDA|VA) 11 $2,805,000 $255,000 $4,734 3.18%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,725,000 $389,286 $8,508 3.11%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $2,700,000 $337,500 $8,078 3.44%
TULSA, OK (FHA|USDA|VA) 11 $2,695,000 $245,000 $6,559 3.07%
Picayune, MS (FHA|USDA|VA) 19 $2,665,000 $140,263 $5,113 3.08%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $2,625,000 $375,000 $6,236 3.02%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $2,615,000 $523,000 $9,305 3.18%
Huntsville, TX (FHA|USDA|VA) 8 $2,570,000 $321,250 $7,452 3.72%
SALT LAKE CITY, UT (FHA|USDA|VA) 7 $2,485,000 $355,000 $5,796 3.04%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $2,480,000 $413,333 $10,898 3.29%
HUNTSVILLE, AL (FHA|USDA|VA) 6 $2,380,000 $396,667 $5,345 3.15%
CORPUS CHRISTI, TX (FHA|USDA|VA) 8 $2,380,000 $297,500 $6,477 3.64%
MONTGOMERY, AL (FHA|USDA|VA) 10 $2,250,000 $225,000 $4,375 3.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $2,250,000 $281,250 $4,751 2.63%
VICTORIA, TX (FHA|USDA|VA) 9 $2,115,000 $235,000 $7,125 3.28%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 8 $2,110,000 $263,750 $7,597 3.05%
Minden, LA (FHA|USDA|VA) 14 $2,110,000 $150,714 $5,074 3.29%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,985,000 $661,667 $25,697 2.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,975,000 $395,000 $8,833 2.93%
TUCSON, AZ (FHA|USDA|VA) 7 $1,955,000 $279,286 $4,770 3.02%
Gainesville, TX (FHA|USDA|VA) 7 $1,935,000 $276,429 $6,139 3.16%
COLUMBUS, OH (FHA|USDA|VA) 8 $1,930,000 $241,250 $5,789 2.58%
THE VILLAGES, FL (FHA|USDA|VA) 8 $1,920,000 $240,000 $8,753 3.23%
Fort Payne, AL (FHA|USDA|VA) 11 $1,885,000 $171,364 $5,018 2.95%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,885,000 $377,000 $4,765 2.30%
SALINAS, CA (FHA|USDA|VA) 4 $1,870,000 $467,500 $5,853 2.84%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $1,835,000 $262,143 $8,799 2.98%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 7 $1,835,000 $262,143 $4,149 3.07%
KANSAS CITY, MO-KS (FHA|USDA|VA) 7 $1,795,000 $256,429 $4,039 3.25%
VALLEJO, CA (FHA|USDA|VA) 5 $1,785,000 $357,000 $8,935 2.90%
HATTIESBURG, MS (FHA|USDA|VA) 6 $1,740,000 $290,000 $6,768 3.21%
Athens, TX (FHA|USDA|VA) 5 $1,725,000 $345,000 $6,495 2.78%
KNOXVILLE, TN (FHA|USDA|VA) 8 $1,650,000 $206,250 $6,799 3.11%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,630,000 $407,500 $6,715 3.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 6 $1,620,000 $270,000 $4,719 3.02%
BOISE CITY, ID (FHA|USDA|VA) 4 $1,610,000 $402,500 $9,285 2.72%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,600,000 $400,000 $5,360 3.09%
Rio Grande City-Roma, TX (FHA|USDA|VA) 9 $1,595,000 $177,222 $6,398 3.07%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,555,000 $311,000 $8,466 2.90%
PROVO-OREM, UT (FHA|USDA|VA) 4 $1,530,000 $382,500 $6,758 3.16%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 5 $1,495,000 $299,000 $5,596 3.25%
FRESNO, CA (FHA|USDA|VA) 4 $1,490,000 $372,500 $5,636 3.09%
Cedartown, GA (FHA|USDA|VA) 4 $1,470,000 $367,500 $12,934 4.16%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,450,000 $362,500 $4,449 3.44%
DULUTH, MN-WI (FHA|USDA|VA) 10 $1,390,000 $139,000 $3,766 3.19%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,300,000 $216,667 $5,048 2.94%
PANAMA CITY, FL (FHA|USDA|VA) 5 $1,285,000 $257,000 $5,646 3.05%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $1,285,000 $428,333 $10,597 3.29%
Bogalusa, LA (FHA|USDA|VA) 6 $1,280,000 $213,333 $5,282 2.92%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 7 $1,255,000 $179,286 $5,516 2.93%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $16,732 4.25%
Centralia, WA (FHA|USDA|VA) 3 $1,175,000 $391,667 $7,382 3.04%
Cornelia, GA (FHA|USDA|VA) 3 $1,175,000 $391,667 $5,332 2.42%
RENO, NV (FHA|USDA|VA) 3 $1,165,000 $388,333 $3,590 2.75%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $1,155,000 $385,000 $4,423 2.92%
MADISON, WI (FHA|USDA|VA) 4 $1,140,000 $285,000 $6,958 2.63%
WICHITA FALLS, TX (FHA|USDA|VA) 4 $1,090,000 $272,500 $7,034 3.41%
Show Low, AZ (FHA|USDA|VA) 3 $1,085,000 $361,667 $7,549 3.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 4 $1,080,000 $270,000 $2,857 2.81%
ROCHESTER, MN (FHA|USDA|VA) 6 $1,070,000 $178,333 $4,785 3.21%
Keene, NH (FHA|USDA|VA) 2 $1,050,000 $525,000 $3,659 2.81%
SANTA FE, NM (FHA|USDA|VA) 2 $1,050,000 $525,000 $5,451 3.13%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $1,010,000 $505,000 $7,638 3.06%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $1,005,000 $335,000 $8,277 3.08%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,000,000 $250,000 $8,504 2.81%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $985,000 $985,000 $10,681 2.50%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $945,000 $315,000 $5,003 3.25%
Hutchinson, MN (FHA|USDA|VA) 6 $940,000 $156,667 $3,529 3.15%
STOCKTON, CA (FHA|USDA|VA) 2 $940,000 $470,000 $8,657 3.06%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $935,000 $311,667 $3,214 2.96%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $920,000 $460,000 $20,610 2.88%
Alice, TX (FHA|USDA|VA) 1 $915,000 $915,000 $10,709 4.50%
Outside of Metro Areas 3 $915,000 $305,000 $12,525 3.04%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $910,000 $151,667 $4,885 3.38%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $895,000 $298,333 $5,316 4.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $885,000 $295,000 $7,980 2.79%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $875,000 $291,667 $5,764 2.58%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $870,000 $145,000 $5,838 3.92%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $850,000 $212,500 $7,962 3.34%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $835,000 $278,333 $2,644 3.08%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $825,000 $275,000 $4,633 3.25%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $820,000 $410,000 $4,526 3.00%
Bonham, TX (FHA|USDA|VA) 2 $810,000 $405,000 $6,887 2.75%
BRUNSWICK, GA (FHA|USDA|VA) 5 $805,000 $161,000 $3,599 2.90%
Granbury, TX (FHA|USDA|VA) 4 $800,000 $200,000 $5,334 2.84%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $800,000 $400,000 $6,276 3.13%
HOT SPRINGS, AR (FHA|USDA|VA) 3 $785,000 $261,667 $5,262 2.92%
Winona, MN (FHA|USDA|VA) 3 $785,000 $261,667 $8,791 2.79%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $765,000 $765,000 $4,673 2.75%
PITTSBURGH, PA (FHA|USDA|VA) 4 $760,000 $190,000 $5,225 2.91%
MOBILE, AL (FHA|USDA|VA) 3 $755,000 $251,667 $5,431 2.96%
MANKATO, MN (FHA|USDA|VA) 3 $755,000 $251,667 $4,084 3.50%
FORT COLLINS, CO (FHA|USDA|VA) 3 $715,000 $238,333 $2,286 2.83%
Alexandria, MN (FHA|USDA|VA) 3 $715,000 $238,333 $3,809 2.79%
TEXARKANA, TX-AR (FHA|USDA|VA) 3 $715,000 $238,333 $7,223 3.00%
SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $710,000 $177,500 $8,950 3.09%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $700,000 $350,000 $6,578 2.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $695,000 $231,667 $7,459 3.17%
WARNER ROBINS, GA (FHA|USDA|VA) 3 $685,000 $228,333 $3,374 3.04%
CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $685,000 $228,333 $5,736 2.75%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $675,000 $675,000 $9,986 3.13%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $660,000 $330,000 $9,484 2.75%
Port Lavaca, TX (FHA|USDA|VA) 3 $645,000 $215,000 $9,139 3.21%
Stephenville, TX (FHA|USDA|VA) 1 $635,000 $635,000 $10,950 4.50%
BISMARCK, ND (FHA|USDA|VA) 2 $630,000 $315,000 $6,002 3.13%
WACO, TX (FHA|USDA|VA) 3 $625,000 $208,333 $5,422 3.63%
COLUMBUS, GA-AL (FHA|USDA|VA) 5 $625,000 $125,000 $3,728 3.25%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $610,000 $305,000 $6,256 2.81%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $610,000 $305,000 $8,504 2.50%
CHEYENNE, WY (FHA|USDA|VA) 2 $610,000 $305,000 $7,152 3.06%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $605,000 $605,000 $3,721 2.50%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $600,000 $300,000 $6,458 3.13%
Alexander City, AL (FHA|USDA|VA) 3 $595,000 $198,333 $3,486 3.25%
Oak Harbor, WA (FHA|USDA|VA) 2 $590,000 $295,000 $9,062 3.31%
Mountain Home, ID (FHA|USDA|VA) 2 $580,000 $290,000 $3,479 3.13%
TYLER, TX (FHA|USDA|VA) 2 $580,000 $290,000 $6,397 2.94%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $560,000 $280,000 $3,979 2.81%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 3 $555,000 $185,000 $4,310 2.88%
GAINESVILLE, FL (FHA|USDA|VA) 4 $540,000 $135,000 $6,830 3.19%
Pahrump, NV (FHA|USDA|VA) 1 $515,000 $515,000 $3,285 2.63%
Grand Rapids, MN (FHA|USDA|VA) 3 $515,000 $171,667 $3,964 3.50%
Sandpoint, ID (FHA|USDA|VA) 1 $515,000 $515,000 $5,773 2.88%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $500,000 $250,000 $3,335 2.56%
LAFAYETTE, LA (FHA|USDA|VA) 3 $495,000 $165,000 $3,471 3.29%
TALLAHASSEE, FL (FHA|USDA|VA) 3 $495,000 $165,000 $3,424 2.88%
Morehead City, NC (FHA|USDA|VA) 1 $495,000 $495,000 $7,601 2.88%
HINESVILLE, GA (FHA|USDA|VA) 3 $495,000 $165,000 $3,518 2.63%
DECATUR, AL (FHA|USDA|VA) 2 $490,000 $245,000 $5,738 2.50%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $485,000 $161,667 $4,537 2.96%
MODESTO, CA (FHA|USDA|VA) 1 $485,000 $485,000 $2,169 2.25%
MIDLAND, TX (FHA|USDA|VA) 2 $480,000 $240,000 $7,931 3.63%
Payson, AZ (FHA|USDA|VA) 1 $475,000 $475,000 $3,988 2.50%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $475,000 $475,000 $5,954 3.13%
Bay City, TX (FHA|USDA|VA) 1 $475,000 $475,000 $4,185 3.25%
GRAND FORKS, ND-MN (FHA|USDA|VA) 3 $465,000 $155,000 $3,392 3.17%
Fallon, NV (FHA|USDA|VA) 1 $465,000 $465,000 $6,259 2.25%
Albertville, AL (FHA|USDA|VA) 3 $455,000 $151,667 $4,296 3.21%
ABILENE, TX (FHA|USDA|VA) 3 $455,000 $151,667 $5,294 2.54%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $455,000 $455,000 $7,949 2.50%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $455,000 $455,000 $16,032 3.38%
MEDFORD, OR (FHA|USDA|VA) 1 $445,000 $445,000 $5,288 2.38%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $435,000 $435,000 $7,043 2.75%
Willmar, MN (FHA|USDA|VA) 3 $435,000 $145,000 $7,096 2.96%
TOLEDO, OH (FHA|USDA|VA) 1 $425,000 $425,000 $10,784 5.99%
Milledgeville, GA (FHA|USDA|VA) 1 $425,000 $425,000 $7,142 2.50%
RICHMOND, VA (FHA|USDA|VA) 1 $425,000 $425,000 $5,316 2.38%
HARRISONBURG, VA (FHA|USDA|VA) 1 $415,000 $415,000 $12,520 2.63%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $410,000 $205,000 $3,545 3.13%
West Plains, MO (FHA|USDA|VA) 2 $410,000 $205,000 $2,188 2.44%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $410,000 $205,000 $7,508 2.69%
Fergus Falls, MN (FHA|USDA|VA) 2 $410,000 $205,000 $4,973 2.94%
Roswell, NM (FHA|USDA|VA) 1 $405,000 $405,000 $3,286 3.13%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $400,000 $200,000 $2,397 3.06%
CaƱon City, CO (FHA|USDA|VA) 1 $395,000 $395,000 $25,932 2.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $395,000 $395,000 $6,733 2.63%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $390,000 $195,000 $4,755 3.31%
WILMINGTON, NC (FHA|USDA|VA) 1 $385,000 $385,000 $13,503 2.75%
BILLINGS, MT (FHA|USDA|VA) 1 $385,000 $385,000 $8,556 2.88%
YAKIMA, WA (FHA|USDA|VA) 1 $385,000 $385,000 $8,128 2.75%
Eagle Pass, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,633 2.81%
VISALIA, CA (FHA|USDA|VA) 1 $365,000 $365,000 $5,825 2.38%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $360,000 $180,000 $2,773 3.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $355,000 $355,000 $10,050 2.88%
Albert Lea, MN (FHA|USDA|VA) 1 $355,000 $355,000 $8,402 3.13%
Crossville, TN (FHA|USDA|VA) 1 $355,000 $355,000 $11,891 1.88%
Brenham, TX (FHA|USDA|VA) 2 $350,000 $175,000 $5,980 2.94%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $350,000 $175,000 $7,547 2.81%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $345,000 $345,000 $6,106 2.75%
SPARTANBURG, SC (FHA|USDA|VA) 1 $345,000 $345,000 $3,621 3.25%
Ukiah, CA (FHA|USDA|VA) 1 $335,000 $335,000 $12,283 3.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $335,000 $111,667 $4,222 3.71%
Rockport, TX (FHA|USDA|VA) 1 $335,000 $335,000 $7,753 3.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $330,000 $165,000 $2,825 3.25%
REDDING, CA (FHA|USDA|VA) 2 $330,000 $165,000 $4,213 2.56%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $325,000 $325,000 $15,539 2.88%
Boone, NC (FHA|USDA|VA) 1 $325,000 $325,000 $6,654 3.25%
LINCOLN, NE (FHA|USDA|VA) 1 $325,000 $325,000 $13,056 3.13%
JACKSON, TN (FHA|USDA|VA) 1 $325,000 $325,000 $7,297 2.63%
Cookeville, TN (FHA|USDA|VA) 1 $315,000 $315,000 $8,190 5.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $315,000 $315,000 $11,366 3.00%
Hannibal, MO (FHA|USDA|VA) 1 $315,000 $315,000 $2,621 2.38%
Kerrville, TX (FHA|USDA|VA) 1 $315,000 $315,000 $5,362 2.38%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $315,000 $315,000 $13,771 3.38%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $6,062 3.25%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $305,000 $305,000 $9,090 3.75%
Moscow, ID (FHA|USDA|VA) 1 $305,000 $305,000 $8,229 2.63%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $305,000 $305,000 $4,871 2.88%
MONROE, LA (FHA|USDA|VA) 2 $300,000 $150,000 $5,621 3.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $300,000 $150,000 $5,251 3.19%
Uvalde, TX (FHA|USDA|VA) 1 $295,000 $295,000 $8,254 3.63%
BOULDER, CO (FHA|USDA|VA) 1 $295,000 $295,000 $2,841 3.38%
Durango, CO (FHA|USDA|VA) 1 $295,000 $295,000 $4,109 4.25%
Palestine, TX (FHA|USDA|VA) 2 $290,000 $145,000 $4,264 3.13%
DOVER, DE (FHA|USDA|VA) 1 $285,000 $285,000 $13,107 2.63%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $285,000 $285,000 $4,553 2.88%
RACINE, WI (FHA|USDA|VA) 1 $285,000 $285,000 $10,431 2.88%
ROANOKE, VA (FHA|USDA|VA) 1 $285,000 $285,000 $3,140 3.00%
Clovis, NM (FHA|USDA|VA) 1 $285,000 $285,000 $1,866 2.25%
Georgetown, SC (FHA|USDA|VA) 1 $275,000 $275,000 $10,830 3.50%
YUMA, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $9,052 3.13%
COLUMBIA, SC (FHA|USDA|VA) 2 $270,000 $135,000 $5,714 3.44%
Cullowhee, NC (FHA|USDA|VA) 2 $270,000 $135,000 $6,825 3.63%
IOWA CITY, IA (FHA|USDA|VA) 1 $265,000 $265,000 $5,555 2.88%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $265,000 $265,000 $6,584 3.38%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $265,000 $265,000 $2,616 3.38%
JACKSON, MS (FHA|USDA|VA) 2 $260,000 $130,000 $3,857 3.00%
Sevierville, TN (FHA|USDA|VA) 1 $255,000 $255,000 $4,631 3.25%
FARGO, ND-MN (FHA|USDA|VA) 1 $255,000 $255,000 $6,003 2.75%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $255,000 $255,000 $6,044 3.63%
Kearney, NE (FHA|USDA|VA) 1 $255,000 $255,000 $8,992 3.00%
Sulphur Springs, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,598 2.75%
Port Angeles, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,910 2.50%
Fairmont, MN (FHA|USDA|VA) 2 $240,000 $120,000 $4,347 3.31%
ANCHORAGE, AK (FHA|USDA|VA) 1 $235,000 $235,000 $8,963 2.75%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $235,000 $235,000 $10,538 3.75%
MERCED, CA (FHA|USDA|VA) 1 $235,000 $235,000 $1,388 2.25%
Raymondville, TX (FHA|USDA|VA) 1 $225,000 $225,000 $6,651 2.50%
NILES, MI (FHA|USDA|VA) 1 $225,000 $225,000 $10,651 3.00%
Lebanon, NH-VT (FHA|USDA|VA) 1 $225,000 $225,000 $3,642 2.63%
LaGrange, GA-AL (FHA|USDA|VA) 1 $225,000 $225,000 $2,970 3.25%
Greeneville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $8,996 3.50%
Rexburg, ID (FHA|USDA|VA) 1 $225,000 $225,000 $6,923 3.00%
Hastings, NE (FHA|USDA|VA) 1 $215,000 $215,000 $10,398 3.13%
LAWTON, OK (FHA|USDA|VA) 1 $215,000 $215,000 $5,786 2.38%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $215,000 $215,000 $7,442 3.50%
LAS CRUCES, NM (FHA|USDA|VA) 1 $215,000 $215,000 $4,387 2.25%
New Ulm, MN (FHA|USDA|VA) 2 $210,000 $105,000 $3,772 3.75%
Branson, MO (FHA|USDA|VA) 2 $210,000 $105,000 $1,930 3.13%
Oxford, MS (FHA|USDA|VA) 1 $205,000 $205,000 $7,390 3.00%
ODESSA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,624 2.38%
Nacogdoches, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,481 3.38%
Bemidji, MN (FHA|USDA|VA) 1 $195,000 $195,000 $3,967 3.13%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,232 3.00%
MONROE, MI (FHA|USDA|VA) 1 $195,000 $195,000 $5,116 3.13%
Houghton, MI (FHA|USDA|VA) 1 $195,000 $195,000 $4,789 3.00%
Atmore, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,347 3.88%
Roseburg, OR (FHA|USDA|VA) 1 $195,000 $195,000 $7,725 3.50%
NEW BERN, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,050 2.38%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $185,000 $185,000 $4,225 2.50%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,893 2.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $175,000 $175,000 $3,472 3.25%
Wooster, OH (FHA|USDA|VA) 1 $175,000 $175,000 $2,652 2.50%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $175,000 $175,000 $4,462 4.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $175,000 $175,000 $5,716 1.88%
Paris, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,516 3.38%
Jesup, GA (FHA|USDA|VA) 1 $175,000 $175,000 $8,193 2.63%
Mineral Wells, TX (FHA|USDA|VA) 2 $170,000 $85,000 $4,465 3.19%
CHARLESTON, WV (FHA|USDA|VA) 1 $165,000 $165,000 $10,907 3.63%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,367 2.88%
Laconia, NH (FHA|USDA|VA) 1 $165,000 $165,000 $6,658 3.13%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $155,000 $155,000 $3,097 2.50%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $155,000 $155,000 $4,305 2.88%
Palatka, FL (FHA|USDA|VA) 1 $155,000 $155,000 $9,727 3.38%
Ontario, OR-ID (FHA|USDA|VA) 1 $155,000 $155,000 $4,600 3.25%
Pecos, TX (FHA|USDA|VA) 1 $155,000 $155,000 $7,144 3.25%
WICHITA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $3,908 2.88%
Tupelo, MS (FHA|USDA|VA) 1 $145,000 $145,000 $6,100 3.00%
Owatonna, MN (FHA|USDA|VA) 1 $145,000 $145,000 $5,079 3.63%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,546 2.50%
DOTHAN, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,410 3.13%
Shawnee, OK (FHA|USDA|VA) 1 $135,000 $135,000 $6,613 3.13%
VALDOSTA, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,300 2.88%
BAY CITY, MI (FHA|USDA|VA) 1 $135,000 $135,000 $6,111 3.00%
Norwalk, OH (FHA|USDA|VA) 1 $125,000 $125,000 $6,271 3.88%
Indiana, PA (FHA|USDA|VA) 1 $125,000 $125,000 $4,323 3.50%
Jackson, OH (FHA|USDA|VA) 1 $125,000 $125,000 $4,206 3.13%
Enterprise, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,343 3.25%
Duncan, OK (FHA|USDA|VA) 1 $125,000 $125,000 $6,802 3.38%
Platteville, WI (FHA|USDA|VA) 1 $115,000 $115,000 $2,074 2.38%
LUBBOCK, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,961 2.75%
GETTYSBURG, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,672 2.75%
Cullman, AL (FHA|USDA|VA) 1 $105,000 $105,000 $4,889 3.00%
Middlesborough, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,389 3.13%
Alamogordo, NM (FHA|USDA|VA) 1 $105,000 $105,000 $3,043 3.00%
Brevard, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,477 2.75%
Worthington, MN (FHA|USDA|VA) 1 $85,000 $85,000 $3,281 3.50%
Ashtabula, OH (FHA|USDA|VA) 1 $85,000 $85,000 $3,306 2.88%
Jefferson, GA (FHA|USDA|VA) 1 $75,000 $75,000 $2,836 3.25%
Cadillac, MI (FHA|USDA|VA) 1 $75,000 $75,000 $3,291 4.50%
Newport, TN (FHA|USDA|VA) 1 $65,000 $65,000 $5,143 3.38%
Stillwater, OK (FHA|USDA|VA) 1 $65,000 $65,000 $5,907 3.00%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $65,000 $65,000 $4,151 3.25%
Rochelle, IL (FHA|USDA|VA) 1 $65,000 $65,000 $4,201 2.88%

Goldwater Bank N.a.'s top markets include Minneapolis, Atlanta, Houston, New Orleans, and Phoenix among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,220 $1,497,580,000 $286,893 $5,104 3.17%
FHA 928 $220,050,000 $237,123 $8,942 3.24%
VA 627 $218,555,000 $348,573 $8,349 2.87%
USDA 130 $24,350,000 $187,308 $6,013 3.02%

For the 2021 period, Goldwater Bank N.a.'s most frequently originated loan type of loans were Conventional, with 5,220 originations. Their 2nd most popular type is FHA, with 928 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,887 $1,090,275,000 $280,493 $6,510 3.30%
Refi 1,838 $522,870,000 $284,478 $4,590 2.84%
Cash Out Refi 1,180 $347,390,000 $294,398 $6,143 3.15%

For the 2021, Goldwater Bank N.a.'s most frequently cited loan purpose of loans were Home Purchase, with 3,887 originations. The 2nd most popular reason of loans were Refi, with 1,838 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,881 $1,703,585,000 $289,676 $6,147 3.15%
15 Year 573 $134,215,000 $234,232 $4,190 2.58%
30+ year 179 $75,835,000 $423,659 $10,101 5.28%
10 Year 125 $6,175,000 $49,400 $818 3.18%
20 Year 114 $31,300,000 $274,561 $4,436 2.90%
Other 33 $9,425,000 $285,606 $4,460 3.13%

For the 2021, Goldwater Bank N.a.'s most frequently cited loan length of loans were 30 Year, with 5,881 originations. The 2nd most popular length of loans were 15 Year, with 573 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 3,309 $890,645,000 $269,158
$2k-3k 1,142 $282,460,000 $247,338
$3k-4k 1,135 $315,565,000 $278,031
$5k+ 685 $333,595,000 $487,000
$<1k 634 $138,270,000 $218,091

$6,147 of loans were Goldwater Bank N.a.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 3,309 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 3,355 $876,915,000 $261,376
2.5-3% 2,514 $728,600,000 $289,817
<2.5% 714 $212,900,000 $298,179
4-5% 185 $93,195,000 $503,757
5-6% 92 $32,410,000 $352,283
6-7% 39 $14,295,000 $366,538
7-8% 6 $2,220,000 $370,000

During 2021, Goldwater Bank N.a.'s average interest rate of loans were 3.15%, while their most frequently originated rate bucket of loans were 3-4%, with 3,355 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 3,420 $967,020,000 $282,754 $6,035 3.15%
$100k-200k 1,900 $296,220,000 $155,905 $4,693 3.13%
$400k-600k 999 $481,505,000 $481,987 $7,607 3.12%
$100,000 or less 379 $23,425,000 $61,807 $2,794 3.26%
$600k-1MM 159 $119,565,000 $751,981 $12,253 3.34%
$1MM+ 48 $72,800,000 $1,516,667 $19,219 3.67%

2021 saw Goldwater Bank N.a. place emphasis on $200k-400k loans with 3,420 originations, totaling $967,020,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,639 $355,565,000 $216,940 $5,515 3.17%
$100k-150k 1,444 $444,280,000 $307,673 $6,050 3.16%
$75k-100k 1,215 $316,395,000 $260,407 $5,931 3.21%
$50k or less 1,162 $223,420,000 $192,272 $5,034 3.04%
$150k-250k 1,014 $386,330,000 $380,996 $6,673 3.15%
$250k+ 431 $234,545,000 $544,188 $7,886 3.23%

Goldwater Bank N.a. lent most frequently to those with incomes in the $50k-75k range, with 1,639 originations. The second most popular income band? $100k-150k, with 1,444 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,345 $360,915,000 $268,338 $5,008 3.06%
30-36% 1,250 $360,570,000 $288,456 $5,692 3.15%
<20% 461 $116,965,000 $253,720 $4,568 3.04%
44% 336 $93,050,000 $276,935 $6,571 3.27%
43% 286 $84,040,000 $293,846 $6,196 3.19%
42% 281 $86,595,000 $308,167 $6,397 3.23%
41% 268 $74,800,000 $279,104 $5,914 3.25%
49% 267 $77,805,000 $291,404 $7,293 3.34%
39% 248 $74,310,000 $299,637 $6,557 3.19%
38% 247 $68,155,000 $275,931 $5,999 3.17%
50-60% 246 $73,600,000 $299,187 $10,018 3.34%
40% 237 $66,255,000 $279,557 $5,834 3.22%
37% 222 $64,590,000 $290,946 $6,011 3.13%
45% 214 $62,420,000 $291,682 $6,310 3.21%
36% 201 $53,525,000 $266,294 $5,732 3.20%
48% 194 $56,560,000 $291,546 $6,865 3.35%
46% 185 $55,155,000 $298,135 $7,363 3.28%
47% 181 $52,405,000 $289,530 $6,251 3.31%
>60% 10 $7,010,000 $701,000 $12,360 4.23%

Goldwater Bank N.a. lent most frequently to those with DTI ratios of 20-30%, with 1,345 originations. The next most common DTI ratio? 30-36%, with 1,250 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,621 $1,580,515,000 $281,180 $5,812 3.14%
Black 530 $149,320,000 $281,736 $7,025 3.29%
Not provided 440 $129,680,000 $294,727 $6,329 3.09%
Asian 264 $88,610,000 $335,644 $5,809 3.14%
American Indian 39 $9,585,000 $245,769 $5,440 3.41%
Native Hawaiian 8 $1,890,000 $236,250 $4,756 3.06%
Asian Indian 2 $760,000 $380,000 $4,510 3.25%
Other Asian 1 $175,000 $175,000 $2,677 3.38%

Approval Rates

Total approvals of all applications
94.71%

Goldwater Bank N.a. has an average approval rate.

Pick Rate

Approvals leading to origination
58.39%

Goldwater Bank N.a. 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 6,905 $1,960,535,000 $283,930

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,905 $1,960,535,000 $283,930

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 170 $33,230,000 $195,471 $4,107 2.87%
40-60% 754 $206,020,000 $273,236 $4,706 2.90%
60-80% 2,316 $695,660,000 $300,371 $5,294 3.12%
80-100% 3,416 $978,370,000 $286,408 $6,642 3.23%
Over 100% 114 $41,710,000 $365,877 $14,482 3.15%
Under 20% 135 $5,545,000 $41,074 $960 3.46%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Goldwater Bank, N.A. 2525 E Camelback Rd, Ste 1100 Phoenix, AZ 85016 Full Service B&M $256,832

For 2021, Goldwater Bank N.a. had 1 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $13,268
Net interest income $11,551
Total noninterest income $77,750
Gross Fiduciary activities income $0
Service charges on deposit accounts $38
Trading account gains and fees $0
Additional Noninterest Income $77,712
Pre-tax net operating income $6,705
Securities gains (or losses, -) $0
Income before extraordinary items $5,112
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $5,112
Minority interest net income $-11
Net income $5,123
Sale, conversion, retirement of capital stock, net $85
Net operating income $5,112

Goldwater Bank N.a.'s gross interest income from loans was $13,268,000.
Goldwater Bank N.a.'s net interest income from loans was $11,551,000.
Goldwater Bank N.a.'s fee based income from loans was $38,000.
Goldwater Bank N.a.'s net income from loans was $5,123,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $1,717
Provision for credit losses $1,742
Total noninterest expense $80,854
Salaries and employee benefits $60,441
Premises and equipment expense $3,543
Additional noninterest expense $16,870
Applicable income taxes $1,593
Net charge-offs $683
Cash dividends $297

Goldwater Bank N.a.'s interest expense for loans was $1,717,000.
Goldwater Bank N.a.'s payroll and benefits expense were $60,441,000.
Goldwater Bank N.a.'s property, plant and equipment expenses $3,543,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 6.0%
Personal loans 3.0%
Credit card loans 0.0%
Other individual loans 3.0%
Auto loans 22.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $249,576
Deposits held in domestic offices $249,576
Deposits by Individuals, partnerships, and corporations $171,061
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $0
Deposits by Commercial banks and other depository institutions in U.S. $78,515
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $68,539
Demand deposits $67,322
Nontransaction accounts $181,037
Money market deposit accounts (MMDAs) $11,095
Other savings deposits (excluding MMDAs) $12,160
Total time deposits $157,782
Total time and savings deposits $182,254
Noninterest-bearing deposits $67,322
Interest-bearing deposits $182,254
Retail deposits $212,924
IRAs and Keogh plan accounts $0
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $348,453
Cash & Balances due from depository institutions $59,479
Interest-bearing balances $34,170
Total securities $582
Federal funds sold & reverse repurchase $0
Net loans and leases $262,818
Loan and leases loss allowance $2,155
Trading account assets $0
Bank premises and fixed assets $1,379
Other real estate owned $211
Goodwill and other intangibles $135
All other assets $23,849

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $348,453
Total Liabilities $299,020
Total deposits $249,576
Interest-bearing deposits $182,254
Deposits held in domestic offices $249,576
% insured (estimated) $68
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $45,000
Subordinated debt $0
All other liabilities $4,444

Issued Loan Types

Type Value (in 000's)
Net loans and leases $262,818
Loan and leases loss allowance $2,155
Total loans and leases (domestic) $264,973
All real estate loans $255,532
Real estate loans in domestic offices $255,532
Construction and development loans $63,057
Residential 1-4 family construction $53,389
Other construction, all land development and other land $9,668
Loans secured by nonfarm nonresidential properties $20,748
Nonfarm nonresidential secured by owner-occupied properties $10,674
Commercial real estate & other non-farm, non-residential $10,074
Multifamily residential real estate $221
1-4 family residential loans $170,593
Farmland loans $913
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $7,449
To non-U.S. addressees $0
Loans to individuals $220
Credit card loans $0
Related Plans $0
Consumer Auto Loans $36
Other loans to individuals $184
All other loans & leases $1,900
Loans to foreign governments and official institutions $0
Other loans $0
Loans to depository institutions and acceptances of other banks $1,900
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $0
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Goldwater Bank N.A. had $262,818,000 of loans outstanding in 2021. $255,532,000 of loans were in real estate loans. $63,057,000 of loans were in development loans. $221,000 of loans were in multifamily mortgage loans. $170,593,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $36,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 25 $11,558 $462,320
Nonfarm, nonresidential loans - $100-250k 1 $191 $191,000
Nonfarm, nonresidential loans - $250k-1MM 24 $11,367 $473,625
Commercial & Industrial, US addressed loans - <$1MM 7 $1,597 $228,143
Commercial & Industrial, US addressed loans - <$100k 1 $11 $11,000
Commercial & Industrial, US addressed loans - $100-250k 2 $341 $170,500
Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,245 $311,250
Farmland loans - <$1MM 1 $426 $426,000
Farmland loans - $250k-1MM 1 $426 $426,000