Coasthills Mortgage Rates, Fees & Info

Santa Maria, CA

LEI: 5493000KTY8YQ4SFHT59

Tax ID: 95-2015359

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

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  • SimulatedRates™
  • Mortgage Calculator

    • 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

    Coasthills is a smaller mortgage company specializing in Cash Out Refi and Refi loans. Coasthills has a high proportion of conventional loans. Their top markets by origination volume include: Santa Maria, San Luis Obispo, Oxnard, Los Angeles, and Salinas among others. We have data for 14 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.43% 4/18/24
    30 Year Conventional Refi 6.74% 4/18/24
    30 Year Cash-out Refi 6.71% 4/18/24
    15 Year Conventional Purchase 5.68% 4/18/24
    15 Year Conventional Refi 6.06% 4/18/24
    15 Year Cash-out Refi 6.06% 4/18/24
    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






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Coasthills. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    338

    Origination Dollar Volume (All Markets)

    $101,840,000
    Show all (5) awards

    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) 215 $56,175,000 $261,279 $2,201 4.30%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 97 $38,025,000 $392,010 $2,284 4.39%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $2,040,000 $340,000 $2,232 4.92%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,480,000 $370,000 $4,608 3.94%
    SALINAS, CA (FHA|USDA|VA) 4 $1,450,000 $362,500 $1,571 5.19%
    BAKERSFIELD, CA (FHA|USDA|VA) 3 $715,000 $238,333 $1,882 4.21%
    REDDING, CA (FHA|USDA|VA) 1 $485,000 $485,000 $3,652 3.75%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $335,000 $335,000 $2,673 3.25%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $310,000 $155,000 $1,248 4.00%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,615 3.50%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $215,000 $215,000 $2,560 5.13%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $215,000 $215,000 $2,430 4.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $105,000 $105,000 $509 5.88%
    YUBA CITY, CA (FHA|USDA|VA) 1 $55,000 $55,000 $2,160 4.88%
    Coasthills's top markets include Santa Maria, San Luis Obispo, Oxnard, Los Angeles, and Salinas among others.

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

    • 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.

    SESLOC
    Similarity Rank: 128
    KEYPOINT
    Similarity Rank: 484
    Shea Mortgage Inc.
    Similarity Rank: 552
    COASTHILLS
    Similarity Rank: 630
    PACIFIC SERVICE
    Similarity Rank: 726
    Resource Lenders Inc.
    Similarity Rank: 830
    KINGS MORTGAGE SERVICES, INC.
    Similarity Rank: 870
    KD CAPITAL MORTGAGE CORPORATION
    Similarity Rank: 924
    DEL SUR CORPORATION
    Similarity Rank: 1260
    COUNTRY CLUB MORTGAGE, INC.
    Similarity Rank: 2260

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 332 $99,420,000 $299,458 $2,165 4.35%
    VA 4 $2,000,000 $500,000 $8,424 3.88%
    HELOC 1 $295,000 $295,000 n/a 3.75%
    Reverse Mortgage 1 $125,000 $125,000 $0 3.88%

    For 2019, Coasthills's most frequently originated type of loan was Conventional, with 332 originations. Their 2nd most popular type was VA, with 4 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 163 $46,555,000 $285,613 $1,983 4.50%
    Refi 83 $24,695,000 $297,530 $2,268 3.79%
    Home Improvement 52 $14,400,000 $276,923 $1,736 4.67%
    Home Purchase 40 $16,190,000 $404,750 $3,924 4.42%

    For 2019, Coasthills's most frequently cited loan purpose was Cash Out Refi, with 163 originations. The 2nd most popular reason was Refi, with 83 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 202 $73,090,000 $361,832 $2,806 3.94%
    15 Year 85 $13,035,000 $153,353 $1,258 4.82%
    20 Year 37 $4,975,000 $134,459 $1,251 5.37%
    10 Year 6 $1,530,000 $255,000 $2,514 3.50%
    Other 5 $7,145,000 $1,429,000 $0 5.03%
    5 Year 2 $250,000 $125,000 $0 5.75%
    1 Year 1 $1,815,000 $1,815,000 $0 6.00%

    For 2019, Coasthills's most frequently cited loan duration was 30 Year, with 202 originations. The 2nd most popular length was 15 Year, with 85 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 234 $77,780,000 $332,393
    $1k-2k 7 $2,335,000 $333,571
    $2k-3k 1 $365,000 $365,000
    $5k+ 1 $545,000 $545,000

    Coasthills's average total fees were $2,806, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 234 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 159 $55,505,000 $349,088
    5-6% 80 $15,130,000 $189,125
    4-5% 69 $24,545,000 $355,725
    2.5-3% 14 $5,310,000 $379,286
    6-7% 13 $745,000 $57,308
    <2.5% 1 $495,000 $495,000

    During 2019, Coasthills's average interest rate for loans was 3.94%, while their most frequently originated rate bucket for loans was 3-4%, with 159 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 148 $44,300,000 $299,324 $2,559 3.90%
    $100,000 or less 68 $3,280,000 $48,235 $627 5.64%
    $100k-200k 53 $8,025,000 $151,415 $1,979 4.51%
    $400k-600k 47 $22,945,000 $488,191 $3,413 3.75%
    $600k-1MM 16 $11,920,000 $745,000 $3,475 3.98%
    $1MM+ 6 $11,370,000 $1,895,000 $3,610 5.04%

    2019 saw Coasthills place emphasis on $200k-400k loans with 148 originations, totaling $44,300,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 94 $22,750,000 $242,021 $2,165 4.50%
    $75k-100k 62 $15,820,000 $255,161 $2,185 4.31%
    $50k-75k 57 $11,405,000 $200,088 $1,914 4.27%
    $150k-250k 56 $19,980,000 $356,786 $2,370 4.24%
    $50k or less 21 $3,755,000 $178,810 $2,282 4.23%
    $250k+ 13 $7,655,000 $588,846 $3,011 4.05%

    Coasthills lent most frequently to those with incomes in the $100k-150k range, with 94 originations. The second most popular income band? $75k-100k, with 62 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 52 $14,600,000 $280,769 $2,260 4.22%
    20-30% 51 $13,925,000 $273,039 $2,235 3.99%
    <20% 26 $6,710,000 $258,077 $2,500 4.03%
    41% 23 $6,105,000 $265,435 $2,089 4.73%
    42% 17 $3,655,000 $215,000 $1,681 4.80%
    39% 17 $4,085,000 $240,294 $2,088 4.21%
    43% 17 $5,135,000 $302,059 $2,158 4.45%
    44% 17 $3,595,000 $211,471 $1,517 4.84%
    46% 16 $4,810,000 $300,625 $2,029 4.51%
    38% 15 $3,985,000 $265,667 $2,105 4.28%
    49% 14 $4,220,000 $301,429 $4,322 4.25%
    40% 13 $3,155,000 $242,692 $1,749 4.61%
    47% 11 $4,545,000 $413,182 $3,078 4.08%
    37% 11 $3,035,000 $275,909 $2,493 4.02%
    45% 9 $2,765,000 $307,222 $1,854 4.40%
    36% 7 $1,865,000 $266,429 $1,994 4.41%
    48% 6 $1,890,000 $315,000 $2,104 3.77%
    50-60% 3 $685,000 $228,333 $1,832 4.42%

    Coasthills lent most frequently to those with DTI ratios of 30-36%, with 52 originations. The next most common DTI ratio? 20-30%, with 51 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 210 $57,030,000 $271,571 $2,220 4.30%
    Not provided 81 $21,615,000 $266,852 $2,164 4.43%
    Not applicable 12 $12,540,000 $1,045,000 $0 5.45%
    Asian 22 $7,040,000 $320,000 $2,719 4.13%
    Black 4 $1,480,000 $370,000 $2,604 3.63%
    American Indian 6 $1,430,000 $238,333 $2,114 3.92%
    Native Hawaiian or Islander 3 $705,000 $235,000 $2,363 3.83%

    Approval Rates

    Total approvals of all applications
    82.26%

    Coasthills has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    64.50%

    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 338 $101,840,000 $301,302

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $2,230,000 $1,115,000
    Single Family (1-4 Units):Site-Built 336 $99,610,000 $296,458

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 20 $3,020,000 $151,000 $1,918 4.64%
    40-60% 51 $16,235,000 $318,333 $2,568 3.91%
    60-80% 143 $58,865,000 $411,643 $2,647 3.93%
    80-100% 41 $17,015,000 $415,000 $2,860 3.96%
    Over 100% 2 $1,010,000 $505,000 $14,915 3.25%
    Under 20% 81 $5,695,000 $70,309 $713 5.53%

    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%