Goldman Sachs Bank Usa Mortgage Rates, Fees & Info

New York, NY

LEI: KD3XUN7C6T14HNAYLU02

Tax ID: 13-3571598

3 stars - out of 5 stars, based on 56 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Goldman Sachs Bank Usa is a mid-sized bank specializing in Home Purchase, Refi, and Other loans. Goldman Sachs Bank Usa has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, New York, San Francisco, Miami, and Seattle among others. We have data for 173 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Goldman Sachs Bank Usa has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Goldman Sachs Bank Usa 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.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.92% 9/29/22
    30 Year Conventional Refi 5.89% 9/29/22
    30 Year Cash-out Refi 5.90% 9/29/22
    15 Year Conventional Refi 6.83% 9/29/22
    15 Year Cash-out Refi 6.83% 9/29/22
    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.


    Originations

    3,120

    Origination Dollar Volume (All Markets)

    $5,048,840,000

    Employee count

    3,699 Show all (29) awards

    Relative Rate

    Goldman Sachs Bank Usa's average 30 year fixed mortgage rate was 2.7%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.45%.

    Relative Fees (Closing Costs)

    Goldman Sachs Bank Usa's average total fees/closing costs for a 30 year fixed rate mortgage were $8,140.

    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.

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 544 $1,239,830,000 $2,279,099 $9,524 5.88%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 256 $609,440,000 $2,380,625 $9,975 3.44%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 131 $279,375,000 $2,132,634 $5,935 4.42%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 81 $261,915,000 $3,233,519 $15,498 3.07%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 149 $239,525,000 $1,607,550 $4,902 6.10%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 73 $158,135,000 $2,166,233 $5,476 5.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 98 $131,180,000 $1,338,571 $4,100 3.29%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 62 $107,910,000 $1,740,484 $5,122 4.50%
    Outside of Metro Areas 36 $97,540,000 $2,709,444 $9,809 2.77%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 52 $93,320,000 $1,794,615 $6,848 2.75%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 75 $88,795,000 $1,183,933 $4,090 6.17%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 99 $79,665,000 $804,697 $6,185 5.29%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 19 $72,825,000 $3,832,895 $9,726 2.60%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 48 $67,660,000 $1,409,583 $5,375 4.86%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 24 $60,190,000 $2,507,917 $11,011 2.71%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 31 $59,545,000 $1,920,806 $8,843 3.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 68 $56,460,000 $830,294 $9,144 4.32%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 23 $53,585,000 $2,329,783 $9,935 4.03%
    Heber, UT (FHA|USDA|VA) 15 $49,265,000 $3,284,333 $8,677 2.76%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 17 $46,175,000 $2,716,176 $8,598 3.66%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 20 $44,600,000 $2,230,000 $16,491 2.78%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 130 $41,730,000 $321,000 $3,670 6.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 68 $38,430,000 $565,147 $6,370 5.99%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 77 $38,425,000 $499,026 $9,601 5.12%
    Edwards, CO (FHA|USDA|VA) 13 $37,235,000 $2,864,231 $7,253 2.60%
    TUCSON, AZ (FHA|USDA|VA) 162 $36,080,000 $222,716 $5,944 6.42%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 65 $31,035,000 $477,462 $7,155 5.84%
    Glenwood Springs, CO (FHA|USDA|VA) 10 $30,880,000 $3,088,000 $11,034 2.75%
    Vineyard Haven, MA (FHA|USDA|VA) 9 $30,525,000 $3,391,667 $12,903 2.78%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $29,875,000 $29,875,000 $0 2.34%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 22 $29,070,000 $1,321,364 $11,049 3.98%
    SALINAS, CA (FHA|USDA|VA) 5 $28,855,000 $5,771,000 $18,371 2.46%
    Jackson, WY-ID (FHA|USDA|VA) 6 $28,790,000 $4,798,333 $14,118 2.58%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 16 $28,660,000 $1,791,250 $6,700 4.36%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 14 $28,560,000 $2,040,000 $3,347 4.45%
    ANN ARBOR, MI (FHA|USDA|VA) 3 $27,865,000 $9,288,333 $2,950 3.38%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 42 $27,580,000 $656,667 $3,881 4.31%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $25,705,000 $2,336,818 $12,990 3.39%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 12 $23,250,000 $1,937,500 $7,380 2.70%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 15 $19,505,000 $1,300,333 $4,159 3.27%
    NAPA, CA (FHA|USDA|VA) 6 $19,090,000 $3,181,667 $9,449 3.93%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $18,915,000 $2,702,143 $13,848 2.76%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 9 $18,525,000 $2,058,333 $6,544 2.57%
    Kapaa, HI (FHA|USDA|VA) 2 $16,610,000 $8,305,000 $27,514 2.78%
    URBAN HONOLULU, HI (FHA|USDA|VA) 4 $16,400,000 $4,100,000 $16,229 2.59%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 8 $16,000,000 $2,000,000 $5,607 2.67%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $15,695,000 $2,242,143 $5,335 2.66%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 29 $15,385,000 $530,517 $6,377 5.13%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $14,730,000 $1,227,500 $3,507 2.64%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 8 $14,620,000 $1,827,500 $9,386 2.76%
    JACKSONVILLE, FL (FHA|USDA|VA) 33 $14,455,000 $438,030 $8,162 5.24%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $14,205,000 $4,735,000 $3,120 4.25%
    BOULDER, CO (FHA|USDA|VA) 8 $13,840,000 $1,730,000 $5,161 2.81%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $13,535,000 $1,933,571 $6,893 2.71%
    BRUNSWICK, GA (FHA|USDA|VA) 5 $13,145,000 $2,629,000 $6,431 4.44%
    OCEAN CITY, NJ (FHA|USDA|VA) 4 $12,000,000 $3,000,000 $13,297 2.88%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $11,895,000 $11,895,000 $0 3.39%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 9 $11,795,000 $1,310,556 $5,330 2.73%
    Hailey, ID (FHA|USDA|VA) 5 $11,535,000 $2,307,000 $17,461 2.74%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $11,055,000 $2,211,000 $14,662 3.54%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 11 $10,675,000 $970,455 $4,761 4.27%
    Bozeman, MT (FHA|USDA|VA) 4 $9,430,000 $2,357,500 $10,481 2.53%
    SANTA FE, NM (FHA|USDA|VA) 6 $9,270,000 $1,545,000 $6,901 2.92%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $7,995,000 $2,665,000 $9,688 2.53%
    RENO, NV (FHA|USDA|VA) 3 $7,485,000 $2,495,000 $7,157 2.75%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 10 $7,370,000 $737,000 $0 7.71%
    RICHMOND, VA (FHA|USDA|VA) 6 $7,210,000 $1,201,667 $4,118 2.89%
    Whitewater, WI (FHA|USDA|VA) 2 $7,130,000 $3,565,000 $6,548 2.60%
    Key West, FL (FHA|USDA|VA) 3 $6,935,000 $2,311,667 $12,312 2.93%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 5 $6,015,000 $1,203,000 $5,384 3.77%
    RALEIGH-CARY, NC (FHA|USDA|VA) 22 $5,970,000 $271,364 $4,420 6.82%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $5,570,000 $1,392,500 $2,911 2.59%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 17 $5,435,000 $319,706 $13,667 5.68%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $5,360,000 $1,340,000 $8,867 4.99%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 4 $5,070,000 $1,267,500 $3,834 2.70%
    Hilo, HI (FHA|USDA|VA) 2 $4,750,000 $2,375,000 $11,899 2.65%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 6 $4,610,000 $768,333 $2,632 3.15%
    PITTSBURGH, PA (FHA|USDA|VA) 5 $4,305,000 $861,000 $7,732 3.64%
    Outside of Metro Areas 2 $4,300,000 $2,150,000 $10,061 2.45%
    Cullowhee, NC (FHA|USDA|VA) 2 $4,180,000 $2,090,000 $6,067 2.53%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $3,810,000 $1,905,000 $5,033 2.40%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 11 $3,675,000 $334,091 $5,927 5.50%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 15 $3,545,000 $236,333 $3,660 5.61%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $3,500,000 $1,750,000 $4,892 2.50%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 11 $3,465,000 $315,000 $5,640 6.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $3,445,000 $313,182 $3,133 5.58%
    SALT LAKE CITY, UT (FHA|USDA|VA) 3 $3,365,000 $1,121,667 $4,629 2.48%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $3,035,000 $1,011,667 $3,789 2.88%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $10,569 2.25%
    MISSOULA, MT (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $3,933 2.80%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $8,899 2.80%
    Breckenridge, CO (FHA|USDA|VA) 3 $2,965,000 $988,333 $4,841 3.75%
    ROCHESTER, NY (FHA|USDA|VA) 3 $2,965,000 $988,333 $5,963 2.76%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $2,660,000 $1,330,000 $7,207 2.80%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $2,660,000 $1,330,000 $4,666 2.68%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $2,610,000 $1,305,000 $7,284 2.55%
    Hudson, NY (FHA|USDA|VA) 2 $2,560,000 $1,280,000 $9,143 2.68%
    Torrington, CT (FHA|USDA|VA) 3 $2,515,000 $838,333 $4,598 2.45%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $2,390,000 $1,195,000 $2,793 3.05%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $2,355,000 $785,000 $3,371 2.80%
    NILES, MI (FHA|USDA|VA) 2 $2,280,000 $1,140,000 $3,625 2.68%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $2,270,000 $567,500 $2,525 5.16%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $2,265,000 $755,000 $2,879 2.90%
    Morehead City, NC (FHA|USDA|VA) 1 $2,265,000 $2,265,000 $5,212 2.45%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $2,245,000 $449,000 $2,517 5.94%
    Easton, MD (FHA|USDA|VA) 1 $2,215,000 $2,215,000 $5,656 3.00%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $2,175,000 $2,175,000 $8,118 2.75%
    COLUMBUS, OH (FHA|USDA|VA) 2 $2,170,000 $1,085,000 $5,143 2.98%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $2,160,000 $216,000 $0 5.85%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $3,881 2.60%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $2,080,000 $520,000 $3,134 4.29%
    WINSTON-SALEM, NC (FHA|USDA|VA) 5 $2,065,000 $413,000 $3,458 4.55%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $5,409 2.50%
    MIDLAND, TX (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $13,706 2.60%
    Brownwood, TX (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $12,332 2.75%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $1,960,000 $980,000 $2,594 2.90%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $1,950,000 $975,000 $4,092 2.55%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 12 $1,950,000 $162,500 $0 8.01%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $1,900,000 $950,000 $3,260 2.70%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $1,875,000 $1,875,000 $7,024 2.50%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $1,800,000 $900,000 $4,722 2.53%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $1,680,000 $840,000 $6,391 2.80%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $1,545,000 $1,545,000 $3,899 2.90%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $1,510,000 $755,000 $5,070 2.75%
    WILMINGTON, NC (FHA|USDA|VA) 2 $1,480,000 $740,000 $4,118 3.10%
    Kalispell, MT (FHA|USDA|VA) 1 $1,455,000 $1,455,000 $2,911 2.85%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $1,400,000 $700,000 $3,882 2.65%
    Durango, CO (FHA|USDA|VA) 1 $1,335,000 $1,335,000 $3,776 3.05%
    SAVANNAH, GA (FHA|USDA|VA) 1 $1,315,000 $1,315,000 $5,628 3.15%
    SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,270,000 $211,667 $0 7.50%
    Bennington, VT (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $5,369 2.95%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $4,039 2.70%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $2,623 2.60%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 5 $1,145,000 $229,000 $0 6.50%
    Spirit Lake, IA (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $3,306 2.85%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $4,801 2.65%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $5,508 2.70%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,070,000 $178,333 $0 5.77%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $1,055,000 $351,667 $3,318 5.23%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $1,030,000 $515,000 $3,164 4.07%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $1,025,000 $1,025,000 $5,116 2.80%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $2,551 2.35%
    Prineville, OR (FHA|USDA|VA) 1 $975,000 $975,000 $5,116 2.50%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $925,000 $925,000 $6,422 2.63%
    PITTSFIELD, MA (FHA|USDA|VA) 2 $920,000 $460,000 $4,714 5.13%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $865,000 $865,000 $2,299 2.35%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $845,000 $845,000 $2,276 2.75%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $825,000 $825,000 $2,446 2.55%
    MUSKEGON, MI (FHA|USDA|VA) 1 $825,000 $825,000 $2,276 2.80%
    Traverse City, MI (FHA|USDA|VA) 1 $785,000 $785,000 $2,274 2.80%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $785,000 $785,000 $3,185 2.60%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $755,000 $755,000 $3,046 2.95%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $755,000 $755,000 $3,111 2.85%
    Holland, MI (FHA|USDA|VA) 1 $715,000 $715,000 $2,814 3.20%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $705,000 $705,000 $3,831 2.70%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $685,000 $685,000 $2,506 2.80%
    Oak Harbor, WA (FHA|USDA|VA) 1 $665,000 $665,000 $3,477 3.35%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $665,000 $665,000 $0 6.00%
    Keene, NH (FHA|USDA|VA) 1 $615,000 $615,000 $2,693 2.90%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $540,000 $270,000 $0 7.35%
    BURLINGTON, NC (FHA|USDA|VA) 3 $345,000 $115,000 $0 7.50%
    YUMA, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $290,000 $145,000 $0 5.79%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.76%
    SALEM, OR (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.50%
    CHICO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.75%
    BOISE CITY, ID (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.00%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $195,000 $195,000 $0 6.50%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.50%
    Sanford, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.79%
    Nogales, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.79%
    COLUMBIA, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.50%

    Goldman Sachs Bank Usa's top markets include Los Angeles, New York, San Francisco, Miami, and Seattle among others.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,120 $5,048,840,000 $1,618,218 $8,144 4.83%

    For 2021, Goldman Sachs Bank Usa's most frequently originated type of loan was Conventional, with 3,120 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,552 $1,746,970,000 $1,125,625 $10,873 5.76%
    Refi 655 $1,502,175,000 $2,293,397 $6,054 3.96%
    Other 400 $1,070,300,000 $2,675,750 $9,003 2.67%
    Cash Out Refi 290 $641,730,000 $2,212,862 $6,464 3.37%
    Home Improvement 223 $87,665,000 $393,117 $0 6.61%

    For 2021, Goldman Sachs Bank Usa's most frequently cited loan purpose was Home Purchase, with 1,552 originations. The 2nd most popular reason was Refi, with 655 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,476 $3,409,060,000 $2,309,661 $8,140 2.70%
    1 Year 901 $820,685,000 $910,860 $0 6.97%
    Other 729 $719,535,000 $987,016 $19,404 6.46%
    3 Year 8 $5,780,000 $722,500 $0 6.00%
    10 Year 5 $93,015,000 $18,603,000 $0 3.82%
    15 Year 1 $765,000 $765,000 $2,746 3.65%

    For 2021, Goldman Sachs Bank Usa's most frequently cited loan duration was 30 Year, with 1,476 originations. The 2nd most popular length was 1 Year, with 901 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,449 $3,361,495,000 $2,319,872
    $5k+ 7 $24,695,000 $3,527,857

    Goldman Sachs Bank Usa's average total fees were $8,140, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,449 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,023 $2,247,445,000 $2,196,916
    6-7% 743 $660,635,000 $889,145
    7-8% 453 $638,455,000 $1,409,393
    5-6% 416 $161,200,000 $387,500
    <2.5% 358 $996,160,000 $2,782,570
    3-4% 97 $260,365,000 $2,684,175
    Over 8% 20 $36,130,000 $1,806,500
    % 6 $8,580,000 $1,430,000
    4-5% 4 $39,870,000 $9,967,500

    During 2021, Goldman Sachs Bank Usa's average interest rate for loans was 2.70%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,023 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 1,625 $4,379,445,000 $2,695,043 $9,385 4.09%
    $600k-1MM 524 $419,460,000 $800,496 $4,294 4.29%
    $200k-400k 446 $120,480,000 $270,135 $5,193 6.26%
    $100k-200k 369 $60,015,000 $162,642 $0 6.42%
    $400k-600k 138 $67,930,000 $492,246 $4,020 6.30%
    $100,000 or less 18 $1,510,000 $83,889 $0 6.91%

    2021 saw Goldman Sachs Bank Usa place emphasis on $1MM+ loans with 1,625 originations, totaling $4,379,445,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 772 $1,967,760,000 $2,548,912 $8,963 2.68%
    $150k-250k 150 $215,330,000 $1,435,533 $5,693 2.70%
    $100k-150k 103 $165,145,000 $1,603,350 $5,609 2.77%
    $50k or less 65 $106,585,000 $1,639,769 $6,504 2.74%
    $75k-100k 51 $68,575,000 $1,344,608 $5,133 2.74%
    $50k-75k 41 $60,265,000 $1,469,878 $5,699 2.73%

    Goldman Sachs Bank Usa lent most frequently to those with incomes in the $250k+ range, with 772 originations. The second most popular income band? $150k-250k, with 150 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    >60% 644 $1,520,950,000 $2,361,724 $8,420 2.70%
    <20% 158 $338,770,000 $2,144,114 $7,210 2.68%
    20-30% 148 $281,840,000 $1,904,324 $7,231 2.73%
    30-36% 104 $201,930,000 $1,941,635 $6,661 2.67%
    50-60% 101 $202,925,000 $2,009,158 $7,559 2.75%
    38% 19 $29,025,000 $1,527,632 $5,053 2.75%
    43% 18 $27,900,000 $1,550,000 $7,475 2.61%
    36% 18 $38,480,000 $2,137,778 $8,905 2.65%
    40% 18 $34,900,000 $1,938,889 $7,379 2.75%
    44% 17 $26,795,000 $1,576,176 $5,695 2.72%
    41% 16 $27,900,000 $1,743,750 $7,122 2.73%
    47% 15 $17,885,000 $1,192,333 $6,630 2.73%
    39% 13 $18,475,000 $1,421,154 $7,179 2.84%
    37% 13 $30,345,000 $2,334,231 $6,891 2.66%
    48% 12 $28,640,000 $2,386,667 $8,150 2.71%
    42% 11 $30,765,000 $2,796,818 $12,293 2.81%
    49% 8 $15,300,000 $1,912,500 $5,476 2.74%
    46% 5 $18,225,000 $3,645,000 $8,915 2.71%
    45% 5 $7,685,000 $1,537,000 $7,211 2.81%

    Goldman Sachs Bank Usa lent most frequently to those with DTI ratios of >60%, with 644 originations. The next most common DTI ratio? <20%, with 158 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 1,716 $1,950,790,000 $1,136,824 $12,704 6.56%
    Not provided 642 $1,531,070,000 $2,384,844 $8,730 2.69%
    White 707 $1,455,375,000 $2,058,522 $7,291 2.71%
    Asian 43 $94,255,000 $2,191,977 $6,893 2.64%
    Black 10 $14,360,000 $1,436,000 $5,118 2.93%
    Native Hawaiian or Islander 2 $2,990,000 $1,495,000 $5,537 2.70%

    Approval Rates

    Total approvals of all applications
    94.58%

    Goldman Sachs Bank Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.41%

    Goldman Sachs Bank Usa has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,120 $5,048,840,000 $1,618,218

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,120 $5,048,840,000 $1,618,218

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 160 $228,940,000 $1,430,875 $5,763 2.75%
    40-60% 382 $986,780,000 $2,583,194 $8,214 2.83%
    60-80% 1,177 $2,410,065,000 $2,047,634 $9,072 3.98%
    80-100% 1,006 $756,980,000 $752,465 $5,928 6.17%
    Over 100% 356 $618,080,000 $1,736,180 $0 7.11%
    Under 20% 39 $47,995,000 $1,230,641 $5,686 2.86%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    GOLDMAN SACHS BANK USA Other type of mortgage Trouble during payment process 1 33.3%
    GOLDMAN SACHS BANK USA Conventional home mortgage Trouble during payment process 2 66.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Goldman Sachs Bank Usa 111 S Main St Salt Lake City, UT 84111 Full Service B&M $73,305,000
    Goldman Sachs Bank Usa 200 West Street New York, NY 10282 Full Service B&M $208,876,000
    Goldman Sachs Bank Usa 30 Hudson Street Jersey City, NJ 7302 Limited, Trust Office $0
    Goldman Sachs Bank Usa 11850 South Election Road Draper, UT 84020 Full Service B&M $0
    Goldman Sachs Bank Usa 125 High Street Boston, MA 2110 Limited, Trust Office $0

    For 2021, Goldman Sachs Bank Usa had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $5,302,000
    Net interest income $3,877,000
    Total noninterest income $5,516,000
    Gross Fiduciary activities income $12,000
    Service charges on deposit accounts $0
    Trading account gains and fees $1,708,000
    Additional Noninterest Income $3,796,000
    Pre-tax net operating income $4,373,000
    Securities gains (or losses, -) $85,000
    Income before extraordinary items $3,352,000
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,352,000
    Minority interest net income $0
    Net income $3,352,000
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,284,850

    Goldman Sachs Bank Usa's gross interest income from loans was $5,302,000,000.
    Goldman Sachs Bank Usa's net interest income from loans was $3,877,000,000.
    Goldman Sachs Bank Usa's fee based income from loans was $0.
    Goldman Sachs Bank Usa's net income from loans was $3,352,000,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,425,000
    Provision for credit losses $457,000
    Total noninterest expense $4,563,000
    Salaries and employee benefits $1,526,000
    Premises and equipment expense $99,000
    Additional noninterest expense $2,938,000
    Applicable income taxes $1,106,000
    Net charge-offs $279,000
    Cash dividends $16,903,000

    Goldman Sachs Bank Usa's interest expense for loans was $1,425,000,000.
    Goldman Sachs Bank Usa's payroll and benefits expense were $1,526,000,000.
    Goldman Sachs Bank Usa's property, plant and equipment expenses $99,000,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 7.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 4.0%
    All other family 0.0%
    Commercial & industrial loans 2.0%
    Personal loans 0.0%
    Credit card loans 0.9%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 4.0%

    Deposits

    Type Value (in 000's)
    Total deposits $321,869,000
    Deposits held in domestic offices $317,867,000
    Deposits by Individuals, partnerships, and corporations $317,142,000
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $415,000
    Deposits by Commercial banks and other depository institutions in U.S. $210,000
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $100,000
    Transaction accounts $147,182,000
    Demand deposits $78,587,000
    Nontransaction accounts $170,685,000
    Money market deposit accounts (MMDAs) $96,836,000
    Other savings deposits (excluding MMDAs) $16,000
    Total time deposits $73,833,000
    Total time and savings deposits $239,280,000
    Noninterest-bearing deposits $16,000
    Interest-bearing deposits $317,851,000
    Retail deposits $226,172,000
    IRAs and Keogh plan accounts $13,779,000
    Brokered deposits $68,832,000
    Deposits held in foreign offices $4,002,000

    Assets

    Asset Value (in 000's)
    Total Assets $434,075,000
    Cash & Balances due from depository institutions $147,680,000
    Interest-bearing balances $146,084,000
    Total securities $25,001,000
    Federal funds sold & reverse repurchase $45,165,000
    Net loans and leases $138,259,000
    Loan and leases loss allowance $2,481,000
    Trading account assets $46,116,000
    Bank premises and fixed assets $346,000
    Other real estate owned $0
    Goodwill and other intangibles $54,000
    All other assets $31,454,000

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $434,075,000
    Total Liabilities $392,162,000
    Total deposits $321,869,000
    Interest-bearing deposits $321,853,000
    Deposits held in domestic offices $317,867,000
    % insured (estimated) $49
    Federal funds purchased and repurchase agreements $14,300,000
    Trading liabilities $23,767,000
    Other borrowed funds $3,575,000
    Subordinated debt $4,273,000
    All other liabilities $24,378,000

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $138,259,000
    Loan and leases loss allowance $2,481,000
    Total loans and leases (domestic) $140,740,000
    All real estate loans $29,475,000
    Real estate loans in domestic offices $29,259,000
    Construction and development loans $3,208,000
    Residential 1-4 family construction $69,000
    Other construction, all land development and other land $3,139,000
    Loans secured by nonfarm nonresidential properties $7,555,000
    Nonfarm nonresidential secured by owner-occupied properties $294,000
    Commercial real estate & other non-farm, non-residential $7,261,000
    Multifamily residential real estate $1,516,000
    1-4 family residential loans $16,942,000
    Farmland loans $38,000
    Loans held in foreign offices $216,000
    Farm loans $0
    Commercial and industrial loans $25,060,000
    To non-U.S. addressees $8,761,000
    Loans to individuals $20,871,000
    Credit card loans $8,212,000
    Related Plans $0
    Consumer Auto Loans $41,000
    Other loans to individuals $12,618,000
    All other loans & leases $65,334,000
    Loans to foreign governments and official institutions $699,000
    Other loans $64,409,000
    Loans to depository institutions and acceptances of other banks $154,000
    Loans not secured by real estate $2,874,000
    Loans secured by real estate to non-U.S. addressees $430,000
    Restructured Loans & leases $22,000
    Non 1-4 family restructured loans & leases $22,000
    Total loans and leases (foreign) $3,547,000

    Goldman Sachs Bank USA had $138,259,000,000 of loans outstanding in 2021. $29,475,000,000 of loans were in real estate loans. $3,208,000,000 of loans were in development loans. $1,516,000,000 of loans were in multifamily mortgage loans. $16,942,000,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $8,212,000,000 of loans were in credit card loans. $41,000,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Commercial & Industrial, US addressed loans - <$1MM 752 $35,000 $46,543
    Commercial & Industrial, US addressed loans - <$100k 703 $20,000 $28,450
    Commercial & Industrial, US addressed loans - $100-250k 33 $6,000 $181,818
    Commercial & Industrial, US addressed loans - $250k-1MM 16 $9,000 $562,500
    Agriculture operations loans - <$1MM 1 $0 $0
    Agriculture operations loans - $100-250k 1 $0 $0