Coastline Federal Credit Union Mortgage Rates, Fees & Info
Jacksonville, FLLEI: 254900VUE5T1INQKZ414
Tax ID: 59-0907473
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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, Palm Bay, Tampa, and The Villages among others. We have data for 5 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.
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Originations
56Origination Dollar Volume (All Markets)
$8,090,000Top 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) | 52 | $7,450,000 | $143,269 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $155,000 | $155,000 | $0 | 0.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $8,090,000 | $144,464 | $0 | 0.00% |
For 2019, Coastline Federal Credit Union's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
For 2019, Coastline Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 32 originations. The 2nd most popular reason was Home Purchase, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $8,090,000 | $144,464 | $0 | 0.00% |
For 2019, Coastline Federal Credit Union's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2019 saw Coastline Federal Credit Union place emphasis on $100,000 or less loans with 22 originations, totaling $1,240,000 in origination value.
Applicant Income
Coastline Federal Credit Union lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $100k-150k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 56 | $8,090,000 | $144,464 | $0 | 0.00% |
Coastline Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.67%
Coastline Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination96.43%
Coastline Federal Credit Union has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 56 | $8,090,000 | $144,464 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 56 | $8,090,000 | $144,464 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Castle and Cookie Mortgage LLC | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |
| Castle and Cookie Mortgage LLC | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |