The Golden 1 Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 549300ZJIC4LOLZH0M42

Tax ID: 94-0362025

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
  • 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

    The Golden 1 is a small mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. The Golden 1 has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Sacramento, San Francisco, San Jose, Stockton, and Fresno among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Golden 1 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. The Golden 1 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.81% 4/18/24
    30 Year Conventional Purchase 5.99% 4/18/24
    30 Year Conventional Refi 6.25% 4/18/24
    30 Year Cash-out Refi 6.59% 4/18/24
    30 Year FHA Purchase 7.04% 4/18/24
    30 Year FHA Refi 6.27% 4/18/24
    15 Year Conventional Purchase 5.87% 4/18/24
    15 Year Conventional Refi 6.13% 4/18/24
    15 Year Cash-out Refi 6.13% 4/18/24
    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.

    The Golden 1 Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The Golden 1. 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

    5,641

    Origination Dollar Volume (All Markets)

    $1,276,105,000
    Show all (14) 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
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3,184 $613,070,000 $192,547 $2,884 5.06%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 320 $147,030,000 $459,469 $4,157 4.61%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 186 $125,550,000 $675,000 $4,290 4.14%
    STOCKTON, CA (FHA|USDA|VA) 242 $52,830,000 $218,306 $2,832 4.89%
    FRESNO, CA (FHA|USDA|VA) 295 $43,875,000 $148,729 $2,957 5.03%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 84 $32,750,000 $389,881 $5,175 4.56%
    VALLEJO, CA (FHA|USDA|VA) 161 $29,885,000 $185,621 $2,525 5.18%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 125 $28,595,000 $228,760 $3,382 5.18%
    MODESTO, CA (FHA|USDA|VA) 172 $28,440,000 $165,349 $2,674 4.95%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 85 $23,015,000 $270,765 $3,832 4.70%
    Outside of Metro Areas 100 $15,940,000 $159,400 $3,138 5.02%
    YUBA CITY, CA (FHA|USDA|VA) 86 $14,130,000 $164,302 $2,764 5.03%
    SALINAS, CA (FHA|USDA|VA) 41 $13,375,000 $326,220 $3,632 4.88%
    CHICO, CA (FHA|USDA|VA) 97 $13,125,000 $135,309 $3,058 5.36%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 45 $12,705,000 $282,333 $3,390 4.94%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 23 $11,745,000 $510,652 $4,796 4.33%
    MADERA, CA (FHA|USDA|VA) 81 $11,115,000 $137,222 $2,874 4.98%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 46 $8,180,000 $177,826 $2,519 5.13%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 20 $7,000,000 $350,000 $3,113 4.76%
    NAPA, CA (FHA|USDA|VA) 26 $6,110,000 $235,000 $2,297 5.21%
    REDDING, CA (FHA|USDA|VA) 43 $5,335,000 $124,070 $2,835 5.28%
    MERCED, CA (FHA|USDA|VA) 33 $5,295,000 $160,455 $3,098 4.85%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 32 $5,210,000 $162,813 $3,484 4.58%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 12 $4,800,000 $400,000 $3,807 4.95%
    VISALIA, CA (FHA|USDA|VA) 23 $3,645,000 $158,478 $2,516 5.15%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 10 $3,600,000 $360,000 $3,237 5.22%
    BAKERSFIELD, CA (FHA|USDA|VA) 22 $3,550,000 $161,364 $2,826 4.38%
    Susanville, CA (FHA|USDA|VA) 20 $2,540,000 $127,000 $2,558 5.21%
    Red Bluff, CA (FHA|USDA|VA) 9 $1,105,000 $122,778 $2,495 5.52%
    Ukiah, CA (FHA|USDA|VA) 3 $775,000 $258,333 $3,767 3.67%
    Sonora, CA (FHA|USDA|VA) 8 $720,000 $90,000 $1,887 5.56%
    Crescent City, CA (FHA|USDA|VA) 3 $455,000 $151,667 $2,153 5.21%
    EL CENTRO, CA (FHA|USDA|VA) 2 $430,000 $215,000 $2,255 3.81%
    Clearlake, CA (FHA|USDA|VA) 2 $180,000 $90,000 $2,858 4.44%
    The Golden 1's top markets include Sacramento, San Francisco, San Jose, Stockton, and Fresno among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against THE GOLDEN 1 based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SESLOC
    Similarity Rank: 128
    MYPOINT Credit Union
    Similarity Rank: 147
    Christian Community Credit Union
    Similarity Rank: 220
    Educational Employees Credit Union
    Similarity Rank: 238
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 290
    COMMUNITY FIRST CREDIT UNION
    Similarity Rank: 290
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 318
    SAFEAMERICA CREDIT UNION
    Similarity Rank: 368
    SOUTHLAND CREDIT UNION
    Similarity Rank: 464
    COASTHILLS
    Similarity Rank: 630

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,782 $1,120,600,000 $296,298 $3,050 4.38%
    HELOC 1,829 $145,935,000 $79,790 n/a 6.24%
    FHA 30 $9,570,000 $319,000 $8,764 3.71%

    For 2019, The Golden 1's most frequently originated type of loan was Conventional, with 3,782 originations. Their 2nd most popular type was HELOC, with 1,829 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,674 $381,280,000 $227,766 $3,112 4.79%
    Home Improvement 1,489 $103,545,000 $69,540 $353 6.15%
    Refi 981 $349,885,000 $356,662 $3,381 3.77%
    Home Purchase 978 $409,730,000 $418,947 $4,473 4.08%
    Other 519 $31,665,000 $61,012 $242 6.19%

    For 2019, The Golden 1's most frequently cited loan purpose was Cash Out Refi, with 1,674 originations. The 2nd most popular reason was Home Improvement, with 1,489 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,258 $1,076,660,000 $252,856 $3,916 5.03%
    15 Year 858 $142,010,000 $165,513 $2,048 4.47%
    20 Year 339 $42,725,000 $126,032 $1,239 5.48%
    Other 129 $6,695,000 $51,899 $105 5.84%
    10 Year 56 $7,980,000 $142,500 $2,037 4.22%
    5 Year 1 $35,000 $35,000 $0 5.79%

    For 2019, The Golden 1's most frequently cited loan duration was 30 Year, with 4,258 originations. The 2nd most popular length was 15 Year, with 858 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,269 $636,485,000 $280,513
    $1k-2k 752 $206,340,000 $274,388
    $2k-3k 330 $112,380,000 $340,545
    $3k-4k 152 $55,850,000 $367,434
    $5k+ 111 $61,325,000 $552,477
    $4k-5k 85 $35,065,000 $412,529

    The Golden 1's average total fees were $3,916, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,269 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,881 $698,215,000 $371,194
    6-7% 1,568 $116,000,000 $73,980
    4-5% 1,084 $323,780,000 $298,690
    5-6% 963 $89,835,000 $93,287
    2.5-3% 72 $40,200,000 $558,333
    7-8% 38 $3,500,000 $92,105
    Over 8% 28 $2,310,000 $82,500
    <2.5% 7 $2,265,000 $323,571

    During 2019, The Golden 1's average interest rate for loans was 5.03%, while their most frequently originated rate bucket for loans was 3-4%, with 1,881 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 2,004 $101,230,000 $50,514 $337 6.12%
    $200k-400k 1,518 $431,360,000 $284,163 $3,640 4.23%
    $100k-200k 1,208 $172,650,000 $142,922 $2,805 4.87%
    $400k-600k 529 $257,885,000 $487,495 $4,302 3.99%
    $600k-1MM 319 $234,985,000 $736,630 $4,533 3.72%
    $1MM+ 63 $77,995,000 $1,238,016 $7,401 3.59%

    2019 saw The Golden 1 place emphasis on $100,000 or less loans with 2,004 originations, totaling $101,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,507 $327,455,000 $217,289 $3,009 5.04%
    $150k-250k 1,227 $376,415,000 $306,777 $3,448 5.00%
    $75k-100k 1,092 $187,320,000 $171,538 $2,793 5.04%
    $50k-75k 999 $150,375,000 $150,526 $2,834 4.95%
    $50k or less 488 $56,110,000 $114,980 $2,767 4.96%
    $250k+ 326 $177,560,000 $544,663 $4,459 4.52%

    The Golden 1 lent most frequently to those with incomes in the $100k-150k range, with 1,507 originations. The second most popular income band? $150k-250k, with 1,227 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,263 $267,805,000 $212,039 $2,993 4.94%
    30-36% 1,102 $253,850,000 $230,354 $3,084 4.95%
    44% 514 $93,200,000 $181,323 $2,550 5.47%
    <20% 428 $64,470,000 $150,631 $3,073 5.21%
    43% 295 $73,875,000 $250,424 $3,051 5.11%
    40% 273 $64,985,000 $238,040 $3,066 4.96%
    42% 265 $53,235,000 $200,887 $2,671 5.21%
    41% 258 $60,340,000 $233,876 $3,323 4.98%
    39% 234 $56,410,000 $241,068 $3,025 4.99%
    38% 228 $55,500,000 $243,421 $3,099 4.94%
    37% 210 $50,830,000 $242,048 $2,976 5.03%
    36% 179 $45,045,000 $251,648 $2,957 4.77%
    45% 87 $31,365,000 $360,517 $4,181 4.18%
    49% 78 $24,950,000 $319,872 $3,641 4.10%
    47% 73 $26,275,000 $359,932 $4,110 4.07%
    48% 70 $22,470,000 $321,000 $3,926 4.06%
    46% 53 $18,675,000 $352,358 $3,637 4.11%
    50-60% 22 $10,130,000 $460,455 $5,691 4.08%
    >60% 4 $970,000 $242,500 $3,581 4.72%

    The Golden 1 lent most frequently to those with DTI ratios of 20-30%, with 1,263 originations. The next most common DTI ratio? 30-36%, with 1,102 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,342 $716,600,000 $214,423 $3,065 5.02%
    Not provided 1,428 $311,090,000 $217,850 $3,132 5.03%
    Asian 548 $180,920,000 $330,146 $3,283 4.57%
    Black 193 $40,825,000 $211,528 $3,100 5.04%
    American Indian 69 $11,325,000 $164,130 $2,522 5.04%
    Native Hawaiian or Islander 37 $9,845,000 $266,081 $3,005 4.72%
    Filipino 6 $1,400,000 $233,333 $3,080 4.63%
    Asian Indian 4 $1,170,000 $292,500 $2,865 4.72%
    Chinese 5 $1,115,000 $223,000 $1,823 5.04%
    Other Asian 2 $520,000 $260,000 $3,545 4.25%
    Other Pacific Islander 2 $450,000 $225,000 $3,043 6.13%
    Vietnamese 1 $345,000 $345,000 $3,872 3.88%
    Korean 1 $345,000 $345,000 $4,002 3.88%
    Japanese 3 $155,000 $51,667 $0 6.26%

    Approval Rates

    Total approvals of all applications
    82.47%

    The Golden 1 has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    45.15%

    The Golden 1 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 5,641 $1,276,105,000 $226,220

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 44 $5,640,000 $128,182
    Single Family (1-4 Units):Site-Built 5,597 $1,270,465,000 $226,990

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 774 $113,090,000 $146,111 $2,425 5.28%
    40-60% 772 $202,370,000 $262,137 $3,302 4.06%
    60-80% 1,316 $492,890,000 $374,536 $3,880 4.13%
    80-100% 789 $352,725,000 $447,053 $4,304 4.02%
    Under 20% 1,990 $115,030,000 $57,804 $227 6.16%