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The Golden 1 Credit Union

Sacramento, CA

The Golden 1 Credit Union processed 8,299 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,443 loans with a 33.7% denial rate. Home Improvement was the primary loan purpose. Based in Sacramento, CA. The approval rate of 53.5% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. The Golden 1 Credit Union's 53.5% origination rate tells you how often an application turned into funded money; the 33.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (8,191 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

8,299
Applications
4,443
Originated
33.7%
Denial Rate
$274,629
Avg Loan Amount
Avg Interest Rate: 8.294% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 8,191 4,387 2,774 $272,636
FHA 108 56 24 $425,741

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for The Golden 1 Credit Union (LEI: 549300ZJIC4LOLZH0M42) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
1,187
Credit history
596
Other
579
Collateral
522
Unverifiable information
485
Insufficient cash
38
Employment history
29

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 3,151 1,790 $117,669
Other 1,966 751 $100,595
Cash-out Refinancing 1,397 746 $239,782
Home Purchase 1,256 829 $710,804
Refinancing 529 327 $912,769

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 3,941 56.0% 32.7%
Asian 1,371 54.6% 29.1%
Black or African American 371 43.7% 44.5%
Joint 305 66.2% 21.0%
American Indian or Alaska Native 98 51.0% 42.9%
Native Hawaiian or Other Pacific Islander 56 44.6% 46.4%
2 or more minority races * 33 45.5% 45.5%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 4,594 57.8% 30.2%
Hispanic or Latino 1,685 45.1% 42.7%
Joint 348 59.8% 27.9%

Nearby Lenders in CA

Other HMDA-reporting lenders in CA with similar activity. Compare any two side-by-side.

Pennymac Loan Services LLC

WESTLAKE VILLAGE, CA

384,816 apps 67,294 originated 4.7% denied

Bank of America NA

Westlake Village, CA

233,637 apps 83,165 originated 34.6% denied

AmeriHome Mortgage Company, LLC

Thousand Oaks, CA

149,937 apps 6,250 originated 0.8% denied

Loandepot.Com, LLC

IRVINE, CA

142,924 apps 79,418 originated 23.3% denied

New American Funding, LLC.

TUSTIN, CA

118,479 apps 48,639 originated 11.1% denied
Compare The Golden 1 Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did The Golden 1 Credit Union process?
The Golden 1 Credit Union processed 8,299 mortgage applications in the 2024 HMDA reporting year. Of these, 4,443 were originated (approved and funded), 903 were withdrawn by the applicant, and 2,798 were denied.
What is The Golden 1 Credit Union's mortgage approval rate?
The Golden 1 Credit Union has an approval (origination) rate of 53.5%, meaning 53.5% of all applications resulted in a funded mortgage. The denial rate is 33.7%.
What is the average loan amount at The Golden 1 Credit Union?
The average mortgage loan amount at The Golden 1 Credit Union is $274,629. The average interest rate is 8.294%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at The Golden 1 Credit Union?
The most common reasons for mortgage denial at The Golden 1 Credit Union are: Debt-to-income ratio, Credit history, Other. In total, 2,798 applications were denied out of 8,299 total applications.
What types of mortgage loans does The Golden 1 Credit Union offer?
The Golden 1 Credit Union processes Conventional, FHA loans. The most common type is Conventional with 8,191 applications and an average loan amount of $272,636.
What loan purposes does The Golden 1 Credit Union serve?
The Golden 1 Credit Union serves the following loan purposes: Home Improvement (3,151 applications), Other (1,966 applications), Cash-out Refinancing (1,397 applications), Home Purchase (1,256 applications), Refinancing (529 applications). Home Improvement is the most common purpose.
Where is The Golden 1 Credit Union located?
The Golden 1 Credit Union is headquartered in Sacramento, CA. The lender is identified by LEI 549300ZJIC4LOLZH0M42 in HMDA data.
How does The Golden 1 Credit Union compare in lending across racial demographics?
The Golden 1 Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 56.0% and denial rate of 32.7%; Asian applicants have an approval rate of 54.6% and denial rate of 29.1%; Black or African American applicants have an approval rate of 43.7% and denial rate of 44.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.