Goldwater Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
97th0.4% deniedPricingmedian rate spread over APOR, weight 30%
39th0.36 ptsProcesswithdrawn + incomplete share, weight 15%
61st9.4%Closing coststotal loan costs ÷ loan amount, weight 10%
32nd2.41% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,090 | 823 | 3.1% | 3.9% | 6.75% | $257M |
| 2024 | 861 | 594 | 3.6% | 4.9% | 6.88% | $200M |
| 2025 | 266 | 240 | 0.4% | 0.4% | 6.63% | $94M |
What Goldwater Bank 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
By loan type
Also: 3 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 17 investment properties.
Why Goldwater Bank denies applications
Primary reason reported for each of the 1 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Goldwater Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 66 | 64 | 0.0% |
| $100k – $150k | 81 | 70 | 1.4% |
| $150k – $250k | 64 | 58 | 0.0% |
| Over $250k | 37 | 32 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 26 | 24 | 0.0% |
| 25–34 | 59 | 54 | 0.0% |
| 35–44 | 74 | 66 | 0.0% |
| 45–54 | 46 | 40 | 0.0% |
| 55–64 | 39 | 36 | 2.7% |
Where Goldwater Bank lends
25 states and 105 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Georgia | 81 | 77 | 0.0% | 6.63% | #366 |
| Texas | 45 | 38 | 0.0% | 6.63% | #720 |
| Oklahoma | 33 | 29 | 0.0% | 6.25% | #293 |
| New Mexico | 22 | 21 | 0.0% | 6.88% | #197 |
| Arizona | 21 | 19 | 4.8% | 7.00% | #412 |
| Florida | 16 | 14 | 0.0% | 6.50% | #819 |
| Alabama | 9 | 7 | 0.0% | 6.63% | #492 |
| Tennessee | 6 | 5 | 0.0% | 7.00% | #712 |
| Washington | 6 | 6 | 0.0% | 7.00% | #503 |
| California | 5 | 5 | 0.0% | 7.38% | #810 |
Frequently asked questions
Goldwater Bank denied 0.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The most common reason Goldwater Bank gave in 2025 was "debt-to-income ratio", cited on 100.0% 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 Goldwater Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.36 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 81% of its applications were for home purchases, 19% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 70% conventional, 17% FHA, 12% 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.