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 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: San Jose, Sacramento, San Francisco, Los Angeles, and Stockton among others. We have data for 35 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 an average 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) 6.81% 12/3/24
    30 Year Conventional Purchase 5.99% 12/3/24
    30 Year Conventional Refi 6.25% 12/3/24
    30 Year Cash-out Refi 6.59% 12/3/24
    30 Year FHA Purchase 7.04% 12/3/24
    30 Year FHA Refi 6.27% 12/3/24
    15 Year Conventional Purchase 5.87% 12/3/24
    15 Year Conventional Refi 6.13% 12/3/24
    15 Year Cash-out Refi 6.13% 12/3/24
    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

    6,307

    Origination Dollar Volume (All Markets)

    $2,451,925,000
    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
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 637 $635,485,000 $997,622 $5,534 3.07%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2,895 $623,595,000 $215,404 $3,320 3.55%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 670 $510,140,000 $761,403 $6,712 3.20%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 159 $132,225,000 $831,604 $6,932 3.29%
    STOCKTON, CA (FHA|USDA|VA) 314 $132,030,000 $420,478 $4,137 3.23%
    FRESNO, CA (FHA|USDA|VA) 334 $62,270,000 $186,437 $3,478 3.43%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 142 $53,050,000 $373,592 $4,950 3.43%
    VALLEJO, CA (FHA|USDA|VA) 130 $34,530,000 $265,615 $4,468 3.58%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 40 $31,100,000 $777,500 $6,533 3.12%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 48 $28,920,000 $602,500 $6,224 3.19%
    MODESTO, CA (FHA|USDA|VA) 126 $26,530,000 $210,556 $3,741 3.50%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 104 $22,720,000 $218,462 $3,744 3.60%
    SALINAS, CA (FHA|USDA|VA) 43 $19,775,000 $459,884 $4,179 3.42%
    Outside of Metro Areas 97 $17,675,000 $182,216 $3,235 3.50%
    YUBA CITY, CA (FHA|USDA|VA) 78 $15,440,000 $197,949 $3,122 3.57%
    MADERA, CA (FHA|USDA|VA) 81 $13,135,000 $162,160 $3,292 3.43%
    CHICO, CA (FHA|USDA|VA) 57 $11,745,000 $206,053 $3,648 3.36%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 43 $11,505,000 $267,558 $4,399 3.50%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 24 $9,780,000 $407,500 $4,458 3.34%
    REDDING, CA (FHA|USDA|VA) 53 $9,625,000 $181,604 $3,491 3.40%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 35 $8,335,000 $238,143 $4,577 3.73%
    MERCED, CA (FHA|USDA|VA) 39 $8,005,000 $205,256 $3,066 3.50%
    NAPA, CA (FHA|USDA|VA) 21 $5,715,000 $272,143 $3,930 3.57%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 9 $5,135,000 $570,556 $5,195 3.40%
    BAKERSFIELD, CA (FHA|USDA|VA) 28 $4,900,000 $175,000 $3,253 3.61%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 27 $4,825,000 $178,704 $3,319 3.52%
    VISALIA, CA (FHA|USDA|VA) 19 $3,105,000 $163,421 $3,284 3.20%
    Susanville, CA (FHA|USDA|VA) 19 $2,765,000 $145,526 $3,730 3.39%
    Red Bluff, CA (FHA|USDA|VA) 9 $2,455,000 $272,778 $4,159 3.39%
    Sonora, CA (FHA|USDA|VA) 9 $1,735,000 $192,778 $2,479 3.24%
    Ukiah, CA (FHA|USDA|VA) 2 $940,000 $470,000 $4,225 3.13%
    Eureka-Arcata, CA (FHA|USDA|VA) 3 $865,000 $288,333 $4,359 3.38%
    Crescent City, CA (FHA|USDA|VA) 3 $805,000 $268,333 $3,730 3.25%
    EL CENTRO, CA (FHA|USDA|VA) 6 $680,000 $113,333 $2,968 3.31%
    Clearlake, CA (FHA|USDA|VA) 3 $385,000 $128,333 $3,314 3.50%
    The Golden 1's top markets include San Jose, Sacramento, San Francisco, Los Angeles, and Stockton 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.

    Monterey Credit Union
    Similarity Rank: 63
    MERCO Credit Union
    Similarity Rank: 348
    Christian Community Credit Union
    Similarity Rank: 354
    Credence Funding Corporation
    Similarity Rank: 404
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 816
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 825
    MYPOINT Credit Union
    Similarity Rank: 924
    Chaffey Federal Credit Union
    Similarity Rank: 966
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 1134
    LA Financial Federal Credit Union
    Similarity Rank: 1374

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,274 $2,233,870,000 $522,665 $4,280 3.11%
    HELOC 2,005 $207,485,000 $103,484 n/a 4.09%
    FHA 28 $10,570,000 $377,500 $10,809 2.97%

    For 2021, The Golden 1's most frequently originated type of loan was Conventional, with 4,274 originations. Their 2nd most popular type was HELOC, with 2,005 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,733 $1,409,245,000 $813,182 $6,072 3.02%
    Cash Out Refi 1,453 $390,885,000 $269,019 $3,517 3.42%
    Home Improvement 1,424 $143,060,000 $100,463 $1,813 4.12%
    Refi 1,353 $470,745,000 $347,927 $3,324 3.01%
    Other 344 $37,990,000 $110,436 $2,034 4.14%

    For 2021, The Golden 1's most frequently cited loan purpose was Home Purchase, with 1,733 originations. The 2nd most popular reason was Cash Out Refi, with 1,453 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,309 $2,243,605,000 $422,604 $4,822 3.48%
    15 Year 581 $125,685,000 $216,325 $2,703 2.98%
    20 Year 279 $63,995,000 $229,373 $2,827 3.33%
    10 Year 119 $16,925,000 $142,227 $2,497 2.67%
    Other 19 $1,715,000 $90,263 $359 5.61%

    For 2021, The Golden 1's most frequently cited loan duration was 30 Year, with 5,309 originations. The 2nd most popular length was 15 Year, with 581 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,452 $1,356,200,000 $553,100
    $1k-2k 731 $191,075,000 $261,389
    $2k-3k 373 $186,325,000 $499,531
    $5k+ 249 $231,655,000 $930,341
    $3k-4k 221 $142,105,000 $643,009
    $4k-5k 150 $101,520,000 $676,800

    The Golden 1's average total fees were $4,822, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,452 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 3,449 $859,605,000 $249,233
    2.5-3% 2,208 $1,428,510,000 $646,970
    4-5% 359 $40,965,000 $114,109
    <2.5% 176 $114,830,000 $652,443
    5-6% 73 $5,185,000 $71,027
    6-7% 42 $2,830,000 $67,381

    During 2021, The Golden 1's average interest rate for loans was 3.48%, while their most frequently originated rate bucket for loans was 3-4%, with 3,449 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,613 $452,815,000 $280,728 $3,446 3.25%
    $100k-200k 1,549 $217,025,000 $140,107 $2,777 3.52%
    $100,000 or less 1,301 $76,075,000 $58,474 $1,578 4.11%
    $600k-1MM 683 $552,505,000 $808,939 $5,871 2.95%
    $1MM+ 612 $887,950,000 $1,450,899 $7,374 2.84%
    $400k-600k 549 $265,555,000 $483,707 $4,453 3.22%

    2021 saw The Golden 1 place emphasis on $200k-400k loans with 1,613 originations, totaling $452,815,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,602 $744,150,000 $464,513 $5,062 3.42%
    $100k-150k 1,407 $360,845,000 $256,464 $3,745 3.53%
    $75k-100k 963 $199,855,000 $207,534 $3,276 3.50%
    $250k+ 962 $918,590,000 $954,875 $6,673 3.22%
    $50k-75k 904 $157,600,000 $174,336 $3,167 3.39%
    $50k or less 426 $58,950,000 $138,380 $3,063 3.36%

    The Golden 1 lent most frequently to those with incomes in the $150k-250k range, with 1,602 originations. The second most popular income band? $100k-150k, with 1,407 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,491 $529,975,000 $355,449 $4,047 3.35%
    30-36% 1,265 $465,585,000 $368,051 $4,303 3.44%
    <20% 477 $103,715,000 $217,432 $3,105 3.31%
    44% 471 $177,085,000 $375,977 $5,111 3.61%
    43% 308 $133,050,000 $431,981 $4,620 3.56%
    39% 292 $122,850,000 $420,719 $4,758 3.54%
    41% 283 $151,335,000 $534,753 $5,117 3.43%
    38% 279 $112,895,000 $404,642 $4,662 3.54%
    42% 261 $106,115,000 $406,571 $4,512 3.50%
    37% 256 $97,570,000 $381,133 $4,271 3.46%
    40% 240 $105,930,000 $441,375 $4,596 3.46%
    36% 240 $95,250,000 $396,875 $4,570 3.50%
    49% 102 $58,950,000 $577,941 $4,806 3.08%
    45% 93 $51,505,000 $553,817 $4,624 3.16%
    48% 80 $33,190,000 $414,875 $3,938 3.07%
    46% 72 $37,660,000 $523,056 $4,361 3.04%
    47% 68 $34,920,000 $513,529 $3,996 3.11%
    50-60% 27 $31,825,000 $1,178,704 $6,685 3.11%
    >60% 1 $2,305,000 $2,305,000 $5,187 2.75%

    The Golden 1 lent most frequently to those with DTI ratios of 20-30%, with 1,491 originations. The next most common DTI ratio? 30-36%, with 1,265 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,290 $1,063,460,000 $323,240 $4,051 3.47%
    Asian 1,044 $698,840,000 $669,387 $5,401 3.19%
    Not provided 1,594 $552,370,000 $346,531 $4,104 3.45%
    Black 227 $61,865,000 $272,533 $3,771 3.50%
    Asian Indian 43 $48,985,000 $1,139,186 $6,612 3.11%
    American Indian 62 $14,190,000 $228,871 $3,199 3.64%
    Native Hawaiian or Islander 24 $5,230,000 $217,917 $3,499 3.75%
    Other Asian 5 $2,845,000 $569,000 $3,548 3.50%
    Other Pacific Islander 4 $1,290,000 $322,500 $3,966 3.66%
    Filipino 4 $1,220,000 $305,000 $3,869 3.75%
    Chinese 4 $1,070,000 $267,500 $5,174 3.50%
    Japanese 5 $515,000 $103,000 $2,582 3.55%
    Native Hawaiian 1 $45,000 $45,000 $0 4.00%

    Approval Rates

    Total approvals of all applications
    79.40%

    The Golden 1 has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    62.79%

    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 6,307 $2,451,925,000 $388,762

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,307 $2,451,925,000 $388,762

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 941 $184,385,000 $195,946 $2,932 3.43%
    40-60% 1,161 $376,585,000 $324,363 $3,268 3.11%
    60-80% 1,485 $921,825,000 $620,758 $4,781 3.16%
    80-100% 1,009 $827,775,000 $820,391 $5,987 2.97%
    Under 20% 1,711 $141,355,000 $82,615 $1,545 4.11%