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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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 include Los Angeles, New York, San Francisco, Miami, and Seattle among others. Goldman Sachs Bank Usa 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. Goldman Sachs Bank Usa is typically a high fee lendor.


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 rate mortgage of loans were 2.7%.

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

This yields a difference of -0.45%.

Relative Fees

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

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
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.

Product Mix

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

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

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, Goldman Sachs Bank Usa's most frequently cited loan purpose of loans were Home Purchase, with 1,552 originations. The 2nd most popular reason of loans were 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 the 2021, Goldman Sachs Bank Usa's most frequently cited loan length of loans were 30 Year, with 1,476 originations. The 2nd most popular length of loans were 1 Year, with 901 originations.

Origination Fees

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

$8,140 of loans were Goldman Sachs Bank Usa's average total fees, while their most frequently occuring range of origination fees 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% 458 $645,200,000 $1,408,734
5-6% 416 $161,200,000 $387,500
<2.5% 358 $996,160,000 $2,782,570
3-4% 98 $262,200,000 $2,675,510
Over 8% 20 $36,130,000 $1,806,500
4-5% 4 $39,870,000 $9,967,500

During 2021, Goldman Sachs Bank Usa's average interest rate of loans were 2.70%, while their most frequently originated rate bucket of loans were 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 2 $2,990,000 $1,495,000 $5,537 2.70%

Approval Rates

Total approvals of all applications
95.06%

Goldman Sachs Bank Usa has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
86.63%

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 200 West Street New York, NY 10282 Full Service B&M $208,876,000
Goldman Sachs Bank Usa 111 S Main St Salt Lake City, UT 84111 Full Service B&M $73,305,000
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
Goldman Sachs Bank Usa 30 Hudson Street Jersey City, NJ 7302 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