The Golden 1 Credit Union Mortgage Lending & HMDA Data, 2005
In 2005, The Golden 1 Credit Union of Sacramento, CA reported 12,824 mortgage applications totaling $1.3 billion, up 1% from 2004. The average application was for $102,474, and applicants reported an average income of $94,597. 72% of its applications resulted in an originated loan and 19% were denied. Its largest markets were Sacramento--Arden-Arcade--Roseville, CA (7,445), Fresno, CA (891) and Modesto, CA (425) (applications in parentheses).
| Mortgage Company & Address | The Golden 1 Credit Union 8945 Cal Center Drive Sacramento, CA 95826 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 12,824 |
| Total Mortgage Loan Application Amount | $1,314,135,000 |
| Average Mortgage Loan Application Amount | $102,474 |
| Highest Mortgage Loan Application Amount | $1,041,000 |
| Average Applicant Income | $94,597 |
| Highest Applicant Income | $9,999,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Golden 1 Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Sacramento--Arden-Arcade--Roseville, CA | 7,445 | $ 786,369,000 | $ 105,623 | $ 99,000 |
| Fresno, CA | 891 | $ 78,616,000 | $ 88,233 | $ 70,000 |
| Modesto, CA | 425 | $ 37,808,000 | $ 88,960 | $ 83,000 |
| Madera, CA | 336 | $ 31,481,000 | $ 93,693 | $ 67,000 |
| Stockton, CA | 332 | $ 32,091,000 | $ 96,659 | $ 84,000 |
| Vallejo-Fairfield, CA | 331 | $ 33,624,000 | $ 101,583 | $ 91,000 |
| San Luis Obispo-Paso Robles, CA | 269 | $ 26,520,000 | $ 98,587 | $ 127,000 |
| Redding, CA | 228 | $ 18,322,000 | $ 80,359 | $ 62,000 |
| Oakland-Fremont-Hayward, CA | 220 | $ 28,486,000 | $ 129,481 | $ 120,000 |
| Yuba City, CA | 198 | $ 19,874,000 | $ 100,373 | $ 69,000 |
| Riverside-San Bernardino-Ontario, CA | 178 | $ 20,968,000 | $ 117,797 | $ 89,000 |
| Chico, CA | 161 | $ 15,183,000 | $ 94,304 | $ 89,000 |
| San Francisco-San Mateo-Redwood City, CA | 136 | $ 19,026,000 | $ 139,897 | $ 138,000 |
| Bakersfield, CA | 111 | $ 11,347,000 | $ 102,225 | $ 95,000 |
| Hanford-Corcoran, CA | 106 | $ 8,966,000 | $ 84,584 | $ 80,000 |
| Merced, CA | 81 | $ 8,024,000 | $ 99,061 | $ 70,000 |
| El Centro, CA | 76 | $ 6,018,000 | $ 79,184 | $ 91,000 |
| Los Angeles-Long Beach-Glendale, CA | 75 | $ 12,894,000 | $ 171,920 | $ 103,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 63 | $ 5,482,000 | $ 87,015 | $ 131,000 |
| Napa, CA | 60 | $ 7,653,000 | $ 127,550 | $ 251,000 |
| Visalia-Porterville, CA | 59 | $ 5,269,000 | $ 89,305 | $ 64,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 33 | $ 4,275,000 | $ 129,545 | $ 118,000 |
| San Diego-Carlsbad-San Marcos, CA | 31 | $ 4,797,000 | $ 154,741 | $ 88,000 |
| Santa Ana-Anaheim-Irvine, CA | 22 | $ 3,701,000 | $ 168,227 | $ 112,000 |
| Salinas, CA | 17 | $ 2,410,000 | $ 141,764 | $ 156,000 |
| Santa Rosa-Petaluma, CA | 13 | $ 1,734,000 | $ 133,384 | $ 74,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 12 | $ 1,778,000 | $ 148,166 | $ 105,000 |
| Las Vegas-Paradise, NV | 1 | $ 30,000 | $ 30,000 | $ 120,000 |
| Santa Cruz-Watsonville, CA | 1 | $ 100,000 | $ 100,000 | $ 141,000 |
Mortgage Loan Application Detail Totals for The Golden 1 Credit Union in 2005
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Improvement | 6,697 | $386,218,000 | $43,500 | $930,000 | $111,500 | $9,999,000 |
| Refinancing | 5,426 | $773,718,000 | $187,500 | $1,041,000 | $41,000 | $2,556,000 |
| Home Purchase | 701 | $154,199,000 | $146,000 | $760,000 | $351,000 | $1,800,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not Provided | 6,862 | $602,227,000 | $112,333 | $1,041,000 | $81,000 | $9,999,000 |
| White | 3,837 | $462,000,000 | $106,333 | $858,000 | $342,666 | $3,600,000 |
| Hispanic | 1,087 | $116,045,000 | $106,000 | $885,000 | $78,000 | $1,734,000 |
| Asian | 567 | $74,670,000 | $131,000 | $1,000,000 | $132,000 | $2,448,000 |
| Black or African American | 312 | $36,990,000 | $118,000 | $650,000 | $88,000 | $2,640,000 |
| Native Hawaiian or Other Pacific Islander | 95 | $15,121,000 | $159,000 | $593,000 | $90,000 | $326,000 |
| American Indian or Alaskan Native | 64 | $7,082,000 | $110,000 | $591,000 | $79,000 | $386,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 12,824 | $1,314,135,000 | $91,250 | $1,041,000 | $286,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 9,181 | $891,334,000 | $97,000 | $1,041,000 | $100,000 | $3,000,000 |
| Application Denied By Financial Institution | 2,450 | $221,364,000 | $50,000 | $930,000 | $368,333 | $9,999,000 |
| Application Approved But Not Accepted | 845 | $138,788,000 | $186,000 | $858,000 | $80,000 | $2,574,000 |
| Application Withdrawn By Applicant | 342 | $62,078,000 | $191,000 | $885,000 | $68,000 | $4,140,000 |
| File Closed For Incompleteness | 6 | $571,000 | $95,000 | $325,000 | $127,000 | $450,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 880 | $87,173,000 | $99,000 | $930,000 | $70,000 | $1,602,000 |
| Credit History | 481 | $30,767,000 | $47,000 | $450,000 | $101,500 | $1,176,000 |
| Other | 97 | $10,530,000 | $108,000 | $738,000 | $131,000 | $1,135,000 |
| Employment History | 58 | $5,954,000 | $102,000 | $385,000 | $81,000 | $516,000 |
| Collateral | 25 | $1,981,000 | $79,000 | $300,000 | $92,000 | $408,000 |
| Credit Application Incomplete | 16 | $1,343,000 | $83,000 | $250,000 | $53,000 | $182,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $640,000 | $128,000 | $325,000 | $56,000 | $85,000 |
| Unverifiable Information | 4 | $190,000 | $47,000 | $120,000 | $54,000 | $112,000 |
| Mortgage Insurance Denied | 2 | $200,000 | $100,000 | $100,000 | $108,000 | $155,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Golden 1 Credit Union's 2005 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess The Golden 1 Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About