Crestline Funding Corporation Mortgage Rates, Fees & Info

Irvine, CA

LEI: 5493001U0HWKEN6OLT59

Tax ID: 33-0633741

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Crestline Funding Corporation is a smaller mortgage company specializing in Home Improvement and Home Purchase 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, Oxnard, and San Francisco among others. We have data for 22 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.

    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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.29% 12/4/24
    30 Year Conventional Refi 6.45% 12/4/24
    30 Year Cash-out Refi 6.42% 12/4/24
    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.

    Crestline Funding Corporation Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Crestline Funding Corporation. 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

    334

    Origination Dollar Volume (All Markets)

    $138,340,000

    Awards

    Crestline Funding Corporation 30 Year Conventional Loans bronze Crestline Funding Corporation VA Loans silver
    Show all (2) 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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 166 $81,810,000 $492,831 $6,447 4.97%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 83 $25,095,000 $302,349 $4,815 4.92%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 26 $12,050,000 $463,462 $6,382 5.08%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 11 $5,095,000 $463,182 $5,809 5.53%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,245,000 $463,571 $4,665 4.41%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $2,435,000 $347,857 $7,333 5.00%
    VALLEJO, CA (FHA|USDA|VA) 7 $1,825,000 $260,714 $5,349 4.79%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $945,000 $315,000 $3,451 4.70%
    Outside of Metro Areas 4 $930,000 $232,500 $2,604 5.31%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $925,000 $308,333 $3,100 4.71%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $675,000 $225,000 $2,889 5.00%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $470,000 $235,000 $3,032 4.50%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $445,000 $445,000 $3,689 4.88%
    SALT LAKE CITY, UT (FHA|USDA|VA) 2 $430,000 $215,000 $3,318 5.13%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,601 4.50%
    CHICO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $0 4.75%
    BAKERSFIELD, CA (FHA|USDA|VA) 2 $300,000 $150,000 $4,280 4.38%
    REDDING, CA (FHA|USDA|VA) 1 $235,000 $235,000 $2,850 5.13%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $225,000 $225,000 $3,090 4.88%
    MADERA, CA (FHA|USDA|VA) 1 $185,000 $185,000 $6,144 4.50%
    Oak Harbor, WA (FHA|USDA|VA) 1 $175,000 $175,000 $3,512 4.63%
    MERCED, CA (FHA|USDA|VA) 1 $145,000 $145,000 $2,869 5.38%
    Crestline Funding Corporation's top markets include Los Angeles, Riverside, San Diego, Oxnard, and San Francisco among others.

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

    • Similar Lenders

    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.

    MYPOINT Credit Union
    Similarity Rank: 55
    FRONTWAVE
    Similarity Rank: 176
    LBS FINANCIAL
    Similarity Rank: 210
    Cabrillo Credit Union
    Similarity Rank: 248
    LA Financial Federal Credit Union
    Similarity Rank: 321
    Water and Power Community Credit Union
    Similarity Rank: 500
    Christian Community Credit Union
    Similarity Rank: 515
    ALTA VISTA CREDIT UNION
    Similarity Rank: 612
    PASADENA SERVICE FEDERAL CREDIT UNION
    Similarity Rank: 612
    FOOTHILL FEDERAL CREDIT UNION
    Similarity Rank: 732

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 303 $126,225,000 $416,584 $5,252 5.02%
    FHA 18 $6,010,000 $333,889 $8,923 4.54%
    VA 13 $6,105,000 $469,615 $11,711 4.22%

    For 2018, Crestline Funding Corporation's most frequently originated type of loan was Conventional, with 303 originations. Their 2nd most popular type was FHA, with 18 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 231 $83,545,000 $361,667 $5,135 5.03%
    Home Purchase 78 $39,030,000 $500,385 $6,988 4.86%
    Refi 25 $15,765,000 $630,600 $6,603 4.66%

    For 2018, Crestline Funding Corporation's most frequently cited loan purpose was Home Improvement, with 231 originations. The 2nd most popular reason was Home Purchase, with 78 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 303 $127,645,000 $421,271 $5,896 5.02%
    15 Year 17 $5,675,000 $333,824 $3,903 4.07%
    20 Year 8 $3,030,000 $378,750 $3,639 4.52%
    Other 3 $1,015,000 $338,333 $1,748 4.44%
    10 Year 2 $310,000 $155,000 $3,050 5.56%
    30+ year 1 $665,000 $665,000 $9,697 5.88%

    For 2018, Crestline Funding Corporation's most frequently cited loan duration was 30 Year, with 303 originations. The 2nd most popular length was 15 Year, with 17 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 231 $89,275,000 $386,472
    $5k+ 51 $28,135,000 $551,667
    $2k-3k 18 $9,170,000 $509,444
    $3k-4k 17 $6,125,000 $360,294
    $4k-5k 12 $4,250,000 $354,167
    $<1k 5 $1,385,000 $277,000

    Crestline Funding Corporation's average total fees were $5,896, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 231 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 216 $84,840,000 $392,778
    5-6% 72 $31,150,000 $432,639
    3-4% 25 $11,515,000 $460,600
    Over 8% 10 $3,350,000 $335,000
    6-7% 6 $3,750,000 $625,000
    7-8% 5 $3,735,000 $747,000

    During 2018, Crestline Funding Corporation's average interest rate for loans was 5.02%, while their most frequently originated rate bucket for loans was 4-5%, with 216 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 145 $43,885,000 $302,655 $4,601 4.85%
    $400k-600k 95 $44,905,000 $472,684 $5,446 4.86%
    $100k-200k 45 $6,835,000 $151,889 $4,123 5.42%
    $600k-1MM 35 $25,205,000 $720,143 $8,284 4.92%
    $1MM+ 13 $17,435,000 $1,341,154 $17,756 5.39%
    $100,000 or less 1 $75,000 $75,000 $1,234 5.99%

    2018 saw Crestline Funding Corporation place emphasis on $200k-400k loans with 145 originations, totaling $43,885,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 85 $33,585,000 $395,118 $5,493 4.89%
    $75k-100k 69 $22,185,000 $321,522 $5,138 5.02%
    $150k-250k 65 $34,685,000 $533,615 $5,731 4.79%
    $50k-75k 49 $13,265,000 $270,714 $4,012 4.83%
    $50k or less 35 $11,355,000 $324,429 $6,117 5.38%
    $250k+ 30 $22,710,000 $757,000 $9,557 5.16%

    Crestline Funding Corporation lent most frequently to those with incomes in the $100k-150k range, with 85 originations. The second most popular income band? $75k-100k, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 49 $21,515,000 $439,082 $4,938 4.79%
    20-30% 36 $15,710,000 $436,389 $6,067 4.75%
    49% 33 $13,455,000 $407,727 $4,809 5.16%
    46% 23 $7,205,000 $313,261 $4,799 4.69%
    48% 21 $8,175,000 $389,286 $4,621 5.20%
    41% 20 $9,490,000 $474,500 $5,996 4.74%
    47% 20 $7,670,000 $383,500 $5,321 4.81%
    45% 18 $8,430,000 $468,333 $9,615 5.46%
    42% 14 $5,680,000 $405,714 $5,374 4.79%
    39% 14 $6,700,000 $478,571 $4,780 4.84%
    37% 13 $5,125,000 $394,231 $4,640 5.09%
    43% 12 $4,510,000 $375,833 $4,688 4.88%
    44% 12 $3,800,000 $316,667 $3,956 4.75%
    40% 11 $4,645,000 $422,273 $7,982 5.63%
    36% 10 $4,030,000 $403,000 $5,162 4.59%
    50-60% 10 $2,920,000 $292,000 $7,702 4.81%
    >60% 6 $3,790,000 $631,667 $7,489 4.70%
    38% 4 $1,730,000 $432,500 $5,050 4.94%
    <20% 4 $1,340,000 $335,000 $4,502 5.31%

    Crestline Funding Corporation lent most frequently to those with DTI ratios of 30-36%, with 49 originations. The next most common DTI ratio? 20-30%, with 36 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 259 $108,315,000 $418,205 $5,721 4.94%
    Asian 36 $14,780,000 $410,556 $5,573 4.91%
    Black 13 $5,465,000 $420,385 $5,286 4.90%
    Not provided 13 $5,405,000 $415,769 $6,603 5.61%
    American Indian 11 $3,655,000 $332,273 $5,462 5.12%
    Native Hawaiian or Islander 2 $720,000 $360,000 $2,924 4.25%

    Approval Rates

    Total approvals of all applications
    94.26%

    Crestline Funding Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -41.62%

    Crestline Funding Corporation 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 334 $138,340,000 $414,192

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 334 $138,340,000 $414,192

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 38 $10,300,000 $271,053 $5,762 5.24%
    40-60% 82 $35,280,000 $430,244 $4,605 4.98%
    60-80% 159 $68,865,000 $433,113 $5,588 4.95%
    80-100% 48 $22,040,000 $459,167 $7,480 4.64%
    Over 100% 2 $1,000,000 $500,000 $19,843 4.31%
    Under 20% 5 $855,000 $171,000 $4,443 6.12%