Coastline Federal Credit Union Mortgage Rates, Fees & Info

Jacksonville, FL

LEI: 254900VUE5T1INQKZ414

Tax ID: 59-0907473

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Coastline Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Coastline Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Jacksonville, Deltona, and Palatka among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Coastline Federal Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    63

    Origination Dollar Volume (All Markets)

    $10,615,000

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    JACKSONVILLE, FL (FHA|USDA|VA) 60 $10,260,000 $171,000 $0 0.00%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
    Palatka, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Coastline Federal Credit Union's top markets include Jacksonville, Deltona, and Palatka among others.

    Their top states include:
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Coastline Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Third Federal Savings and Loan Association of Cleveland
    Similarity Rank: 614
    VYSTAR
    Similarity Rank: 936
    HOME SOLUTION LENDERS INC.
    Similarity Rank: 945
    FIRST EQUITY MORTGAGE INCORPORATED
    Similarity Rank: 988
    121 FINANCIAL
    Similarity Rank: 1272
    COMMUNITY FIRST CREDIT UNION OF FLO
    Similarity Rank: 1380
    City Lending Inc.
    Similarity Rank: 1974
    BANKERS MORTGAGE LENDING, INC.
    Similarity Rank: 2080
    WATSON MORTGAGE CORP.
    Similarity Rank: 2310
    VILLAGE CAPITAL MORTGAGE
    Similarity Rank: 2872

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 63 $10,615,000 $168,492 $0 0.00%

    For 2018, Coastline Federal Credit Union's most frequently originated type of loan was Conventional, with 63 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 30 $3,000,000 $100,000 $0 0.00%
    Home Purchase 25 $5,395,000 $215,800 $0 0.00%
    Home Improvement 4 $1,430,000 $357,500 $0 0.00%
    Refi 4 $790,000 $197,500 $0 0.00%

    For 2018, Coastline Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 30 originations. The 2nd most popular reason was Home Purchase, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 63 $10,615,000 $168,492 $0 0.00%

    For 2018, Coastline Federal Credit Union's most frequently cited loan duration was Other, with 63 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 26 $3,770,000 $145,000 $0 0.00%
    $200k-400k 18 $5,150,000 $286,111 $0 0.00%
    $100,000 or less 17 $835,000 $49,118 $0 0.00%
    $400k-600k 2 $860,000 $430,000 $0 0.00%

    2018 saw Coastline Federal Credit Union place emphasis on $100k-200k loans with 26 originations, totaling $3,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 18 $3,880,000 $215,556 $0 0.00%
    $50k-75k 16 $1,660,000 $103,750 $0 0.00%
    $150k-250k 11 $2,535,000 $230,455 $0 0.00%
    $50k or less 8 $670,000 $83,750 $0 0.00%
    $75k-100k 8 $1,320,000 $165,000 $0 0.00%
    $250k+ 2 $550,000 $275,000 $0 0.00%

    Coastline Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 18 originations. The second most popular income band? $50k-75k, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 52 $9,070,000 $174,423 $0 0.00%
    Black 10 $1,290,000 $129,000 $0 0.00%
    Asian Indian 1 $255,000 $255,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.54%

    Coastline Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.65%

    Coastline Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 63 $10,615,000 $168,492

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 63 $10,615,000 $168,492

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CASTLE ROCK Conventional home mortgage Struggling to pay mortgage 2 100.0%