Coasthills Mortgage Rates, Fees & Info
Santa Maria, CALEI: 5493000KTY8YQ4SFHT59
Tax ID: 95-2015359
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Mortgage Data
Review & Overview
Coasthills is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi loans. Coasthills has a high proportion of conventional loans. Their top markets by origination volume include: Santa Maria, San Luis Obispo, Bakersfield, Riverside, and Fresno among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Coasthills has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Coasthills is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.27% | 4/5/25 |
| 30 Year Conventional Refi | 5.48% | 4/5/25 |
| 30 Year Cash-out Refi | 6.06% | 4/5/25 |
| 30 Year VA Purchase | 6.38% | 4/5/25 |
| 15 Year Conventional Purchase | 5.82% | 4/5/25 |
| 15 Year Conventional Refi | 6.00% | 4/5/25 |
| 15 Year Cash-out Refi | 6.00% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Coasthills Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
122Origination Dollar Volume (All Markets)
$29,860,000Awards
COASTHILLS - 2024
COASTHILLS is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Coasthills's average 30 year fixed mortgage rate was
6.09%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.46%.
Relative Fees (Closing Costs)
Coasthills's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,581.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 73 | $15,415,000 | $211,164 | $1,838 | 7.86% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 41 | $12,995,000 | $316,951 | $2,023 | 7.60% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $2,964 | 6.83% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,070 | 6.63% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,604 | 5.63% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $508 | 7.75% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $531 | 8.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $601 | 8.75% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against COASTHILLS 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 | 121 | $29,345,000 | $242,521 | $1,923 | 7.74% |
| VA | 1 | $515,000 | $515,000 | $4,669 | 6.13% |
For 2024, Coasthills's most frequently originated type of loan was Conventional, with 121 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2024, Coasthills's most frequently cited loan purpose was Cash Out Refi, with 57 originations. The 2nd most popular reason was Home Improvement, with 36 originations.
Loan Duration/Length
For 2024, Coasthills's most frequently cited loan duration was 20 Year, with 54 originations. The 2nd most popular length was 15 Year, with 36 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 113 | $22,875,000 | $202,434 |
| $5k+ | 3 | $2,005,000 | $668,333 |
| $1k-2k | 2 | $800,000 | $400,000 |
| $2k-3k | 2 | $290,000 | $145,000 |
Coasthills's average total fees were $4,581, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 113 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 60 | $6,340,000 | $105,667 |
| 5-6% | 20 | $13,880,000 | $694,000 |
| 6-7% | 20 | $6,990,000 | $349,500 |
| 7-8% | 20 | $2,280,000 | $114,000 |
| 4-5% | 2 | $370,000 | $185,000 |
During 2024, Coasthills's average interest rate for loans was 6.09%, while their most frequently originated rate bucket for loans was Over 8%, with 60 originations.
Loan Sizing
2024 saw Coasthills place emphasis on $100,000 or less loans with 51 originations, totaling $3,395,000 in origination value.
Applicant Income
Coasthills lent most frequently to those with incomes in the $150k-250k range, with 35 originations. The second most popular income band? $100k-150k, with 30 originations.
Applicant Debt to Income Ratio
Coasthills lent most frequently to those with DTI ratios of 30-36%, with 23 originations. The next most common DTI ratio? 44%, with 20 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.74%
Coasthills has a below average approval rate.
Pick Rate
Approvals leading to origination52.46%
Coasthills has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 122 | $29,860,000 | $244,754 |