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, Panama City, Lake City, Port St. Lucie, and Deltona 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
88Origination Dollar Volume (All Markets)
$13,600,000Top 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) | 84 | $12,870,000 | $153,214 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Lake City, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $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 | 88 | $13,600,000 | $154,545 | $0 | 0.00% |
For 2022, Coastline Federal Credit Union's most frequently originated type of loan was Conventional, with 88 originations.
Loan Reason
For 2022, Coastline Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 70 originations. The 2nd most popular reason was Home Purchase, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 88 | $13,600,000 | $154,545 | $0 | 0.00% |
For 2022, Coastline Federal Credit Union's most frequently cited loan duration was Other, with 88 originations.
Loan Sizing
2022 saw Coastline Federal Credit Union place emphasis on $100,000 or less loans with 37 originations, totaling $2,135,000 in origination value.
Applicant Income
Coastline Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 25 originations. The second most popular income band? $100k-150k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 88 | $13,600,000 | $154,545 | $0 | 0.00% |
Coastline Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 88 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 76 | $12,050,000 | $158,553 | $0 | 0.00% |
| Black | 12 | $1,550,000 | $129,167 | $0 | 0.00% |
Approval Rates
Total approvals of all applications96.81%
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 origination96.59%
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 | 88 | $13,600,000 | $154,545 |