Crestline Funding Corporation Mortgage Rates, Fees & InfoIrvine, CA
Tax ID: 33-0633741
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCrestline Funding Corporation is a smaller mortgage company specializing in loans. Crestline Funding Corporation has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, Riverside, San Diego, San Francisco, and Santa Maria among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)
Crestline Funding Corporation has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Crestline Funding Corporation is typically an average 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.40%||3/19/23|
|30 Year Conventional Refi||6.37%||3/19/23|
|30 Year Cash-out Refi||6.35%||3/19/23|
|30 Year FHA Purchase||6.27%||3/19/23|
|15 Year Conventional Purchase||5.85%||3/19/23|
|15 Year Conventional Refi||5.85%||3/19/23|
|15 Year Cash-out Refi||5.85%||3/19/23|
|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.|
Origination Dollar Volume (All Markets)$88,620,000
Crestline Funding Corporation's average 30 year fixed mortgage rate was
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of -0.17%.
Relative Fees (Closing Costs)
Crestline Funding Corporation's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,894.
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 $4,750.
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|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||102||$49,550,000||$485,784||$3,800||2.92%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||27||$10,505,000||$389,074||$4,009||2.95%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||14||$6,120,000||$437,143||$3,458||2.84%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||13||$5,005,000||$385,000||$3,401||2.94%|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||3||$2,825,000||$941,667||$2,953||4.13%|
|BAKERSFIELD, CA (FHA|USDA|VA)||7||$1,915,000||$273,571||$3,387||3.02%|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||5||$1,345,000||$269,000||$3,084||2.90%|
|PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA)||2||$1,270,000||$635,000||$7,924||2.57%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||4||$1,120,000||$280,000||$3,250||2.73%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||2||$1,050,000||$525,000||$4,456||2.50%|
|DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA)||2||$1,000,000||$500,000||$3,414||2.87%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||2||$990,000||$495,000||$3,166||2.81%|
|Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA)||2||$750,000||$375,000||$5,965||3.24%|
|SALINAS, CA (FHA|USDA|VA)||2||$720,000||$360,000||$2,960||2.68%|
|Truckee-Grass Valley, CA (FHA|USDA|VA)||2||$680,000||$340,000||$3,399||2.94%|
|PROVO-OREM, UT (FHA|USDA|VA)||2||$650,000||$325,000||$3,295||2.56%|
|FRESNO, CA (FHA|USDA|VA)||2||$510,000||$255,000||$2,974||2.69%|
|Bozeman, MT (FHA|USDA|VA)||1||$485,000||$485,000||$3,775||3.12%|
|VISALIA, CA (FHA|USDA|VA)||1||$335,000||$335,000||$8,957||2.75%|
|CHICO, CA (FHA|USDA|VA)||1||$315,000||$315,000||$3,494||2.88%|
|MODESTO, CA (FHA|USDA|VA)||1||$305,000||$305,000||$3,598||3.00%|
|Ukiah, CA (FHA|USDA|VA)||1||$295,000||$295,000||$3,537||3.13%|
|FORT COLLINS, CO (FHA|USDA|VA)||1||$225,000||$225,000||$0||3.43%|
|Coos Bay, OR (FHA|USDA|VA)||1||$225,000||$225,000||$4,673||3.00%|
|STOCKTON, CA (FHA|USDA|VA)||1||$225,000||$225,000||$3,478||3.38%|
|VALLEJO, CA (FHA|USDA|VA)||1||$205,000||$205,000||$3,270||3.00%|
We use machine learning to identify the top lenders compared against Crestline Funding Corporation based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Crestline Funding Corporation's most frequently originated type of loan was Conventional, with 193 originations. Their 2nd most popular type was Reverse Mortgage, with 8 originations.
For 2021, Crestline Funding Corporation's most frequently cited loan purpose was Home Improvement, with 106 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2021, Crestline Funding Corporation's most frequently cited loan duration was 30 Year, with 156 originations. The 2nd most popular length was 15 Year, with 24 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Crestline Funding Corporation's average total fees were $3,894, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 161 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2021, Crestline Funding Corporation's average interest rate for loans was 2.98%, while their most frequently originated rate bucket for loans was 2.5-3%, with 113 originations.
2021 saw Crestline Funding Corporation place emphasis on $200k-400k loans with 92 originations, totaling $27,720,000 in origination value.
Crestline Funding Corporation lent most frequently to those with incomes in the $100k-150k range, with 50 originations. The second most popular income band? $150k-250k, with 44 originations.
Applicant Debt to Income Ratio
Crestline Funding Corporation lent most frequently to those with DTI ratios of 20-30%, with 39 originations. The next most common DTI ratio? 30-36%, with 32 originations.
Approval RatesTotal approvals of all applications
Crestline Funding Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Crestline Funding Corporation has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2021 CPFB Complaints||% of Total Issues|
|Christensen Financial, Inc.||Conventional home mortgage||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|