Mortgage lender · Ogden, UT · LEI 549300BDHZAV4ZQHQV19

Goldenwest review: approval odds, rates and grade (2025)

Goldenwest earns a B, better than most home-equity (HELOC) lenders. It turned down 19.3% of the applications it decided on in 2025, which ranks in the 65th percentile for approval odds. Its median loan was priced 0.24 points above the average prime offer rate, ranking in the 43rd percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

5.2kApplications2025
61.6%Originatedof applications
19.3%Decision denial ratenational 22.6%
7.50%Median ratenational 6.63%
$688MLoan volume17 states

Goldenwest at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

17.9%Denial rate (all applications)-0.06 pts vs national
19.3%Denial rate (decided applications)-3.26 pts vs national
61.6%Origination rate+3.60 pts vs national
6.8%Withdrawn by applicant
0.5%Closed for incompleteness
7.50%Median interest rate+0.88 pts vs national
0.24Median rate spread (pts over APOR)-0.01 pts vs national
$175,000Median loan amount
$6,312Median total loan costs
$122kMedian applicant income
66%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

65th19.3% denied

Pricingmedian rate spread over APOR, weight 30%

43rd0.24 pts

Processwithdrawn + incomplete share, weight 15%

79th7.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

38th3.61% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235,0712,64528.8%31.5%7.75%$396M
20244,7442,60625.5%27.1%8.50%$496M
20255,2173,21517.9%19.3%7.50%$688M

What Goldenwest lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 1,027 20% · 9.2% denied
Refinance 431 8% · 10.2% denied
Cash-out refinance 1,248 24% · 18.7% denied
Home improvement 1,343 26% · 17.9% denied
Other / HELOC 1,168 22% · 27.7% denied

By loan type

Conventional 4,999 96% · 18.1% denied
FHA 155 3% · 11.0% denied
VA 44 1% · 11.4% denied
USDA / RHS 19 0% · 42.1% denied

Also: 3,180 home-equity lines, 0 reverse mortgages, 11 manufactured homes, 359 investment properties.

Why Goldenwest denies applications

Primary reason reported for each of the 935 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 507 54%
Credit history 239 26%
Collateral 123 13%
Other 33 4%
Unverifiable information 24 3%
Employment history 9 1%

How these reasons compare nationally →

Who gets approved at Goldenwest

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k32713744.4%
$50k – $100k1,58189624.0%
$100k – $150k1,39390016.9%
$150k – $250k1,30488312.8%
Over $250k58839312.7%
Applicant ageApplicationsOriginatedDecision denial rate
Under 251324121.0%
25–3485440624.7%
35–441,33581920.7%
45–541,42794418.1%
55–6484057116.9%
65–7447734113.3%
Over 741499323.0%

Where Goldenwest lends

17 states and 64 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Utah4,7943,01517.6%7.50%#7
Idaho35418921.8%7.50%#61
Nevada9322.2%5.25%#319
Wyoming5220.0%6.94%#188

Frequently asked questions

Goldenwest denied 19.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of home-equity (HELOC) lenders.

The most common reason Goldenwest gave in 2025 was "debt-to-income ratio", cited on 54.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Goldenwest originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 20% of its applications were for home purchases, 32% for refinancing (including cash-out), and 48% for home improvement or other purposes. By loan type: 96% conventional, 3% FHA, 1% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Goldenwest. Data sources · Methodology