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
  • 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

    Crestline Funding Corporation is a smaller mortgage company specializing in Home Improvement 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 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 6.29% 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

    202

    Origination Dollar Volume (All Markets)

    $88,620,000

    Awards

    Crestline Funding Corporation 30 Year Conventional Loans silver Crestline Funding Corporation 30 Year Conventional Loans bronze Crestline Funding Corporation 30 Year Conventional Loans bronze
    Show all (3) 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) 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%
    Crestline Funding Corporation's top markets include Los Angeles, Riverside, San Diego, San Francisco, and Santa Maria among others.

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

    Christian Community Credit Union
    Similarity Rank: 354
    Credence Funding Corporation
    Similarity Rank: 404
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 825
    MYPOINT Credit Union
    Similarity Rank: 924
    Chaffey Federal Credit Union
    Similarity Rank: 966
    LA Financial Federal Credit Union
    Similarity Rank: 1374
    POPA FEDERAL CREDIT UNION
    Similarity Rank: 1380
    Los Angeles Federal Credit Union
    Similarity Rank: 1400
    Water and Power Community Credit Union
    Similarity Rank: 1484
    ARROWHEAD CENTRAL CREDIT UNION
    Similarity Rank: 1488

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 193 $83,125,000 $430,699 $3,763 2.93%
    Reverse Mortgage 8 $5,290,000 $661,250 $0 3.09%
    FHA 1 $205,000 $205,000 $0 2.02%

    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.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 106 $44,200,000 $416,981 $3,481 2.93%
    Cash Out Refi 39 $14,675,000 $376,282 $3,392 2.90%
    Refi 36 $15,770,000 $438,056 $3,549 2.96%
    Home Purchase 21 $13,975,000 $665,476 $6,119 2.95%

    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 Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 156 $70,230,000 $450,192 $3,894 2.98%
    15 Year 24 $8,250,000 $343,750 $3,182 2.58%
    Other 13 $7,125,000 $548,077 $3,334 3.02%
    20 Year 9 $3,015,000 $335,000 $3,216 2.86%

    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
    $1k-2k 161 $68,745,000 $426,988
    $2k-3k 13 $5,365,000 $412,692
    $<1k 7 $3,325,000 $475,000
    $5k+ 6 $3,240,000 $540,000
    $3k-4k 4 $1,360,000 $340,000
    $4k-5k 2 $1,090,000 $545,000

    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.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 113 $46,705,000 $413,319
    3-4% 59 $28,955,000 $490,763
    <2.5% 29 $10,605,000 $365,690
    6-7% 1 $2,355,000 $2,355,000

    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.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 92 $27,720,000 $301,304 $3,454 2.84%
    $400k-600k 71 $34,485,000 $485,704 $3,557 2.86%
    $600k-1MM 19 $14,355,000 $755,526 $4,881 3.22%
    $100k-200k 14 $2,160,000 $154,286 $3,209 3.15%
    $1MM+ 6 $9,900,000 $1,650,000 $9,269 3.77%

    2021 saw Crestline Funding Corporation place emphasis on $200k-400k loans with 92 originations, totaling $27,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 50 $22,200,000 $444,000 $3,807 2.96%
    $150k-250k 44 $22,530,000 $512,045 $3,751 2.99%
    $75k-100k 41 $15,155,000 $369,634 $3,499 2.90%
    $250k+ 27 $17,225,000 $637,963 $4,721 2.96%
    $50k-75k 27 $7,785,000 $288,333 $3,217 2.87%
    $50k or less 13 $3,725,000 $286,538 $3,330 2.78%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 39 $15,445,000 $396,026 $3,433 2.80%
    30-36% 32 $14,370,000 $449,063 $3,819 2.89%
    <20% 18 $6,930,000 $385,000 $3,976 2.96%
    44% 13 $6,395,000 $491,923 $3,475 3.06%
    41% 12 $6,950,000 $579,167 $3,797 3.01%
    39% 9 $4,445,000 $493,889 $5,142 3.18%
    38% 8 $2,920,000 $365,000 $3,548 2.92%
    42% 7 $2,705,000 $386,429 $3,239 2.88%
    37% 7 $2,525,000 $360,714 $3,254 2.84%
    43% 7 $2,585,000 $369,286 $2,986 2.95%
    45% 7 $2,895,000 $413,571 $5,384 2.94%
    49% 7 $3,095,000 $442,143 $3,348 2.98%
    40% 6 $2,510,000 $418,333 $5,404 2.94%
    36% 6 $2,460,000 $410,000 $3,100 2.88%
    48% 5 $2,775,000 $555,000 $3,489 3.10%
    47% 4 $1,720,000 $430,000 $3,694 3.06%
    50-60% 3 $1,525,000 $508,333 $4,306 3.29%
    46% 3 $745,000 $248,333 $3,169 2.89%
    >60% 1 $355,000 $355,000 $3,140 2.75%

    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.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 151 $66,885,000 $442,947 $3,777 2.93%
    Asian 25 $11,895,000 $475,800 $3,767 2.93%
    Not provided 15 $5,555,000 $370,333 $3,916 2.86%
    Black 8 $3,240,000 $405,000 $3,466 3.04%
    Native Hawaiian or Islander 2 $850,000 $425,000 $3,218 2.63%
    American Indian 1 $195,000 $195,000 $2,767 3.25%

    Approval Rates

    Total approvals of all applications
    98.52%

    Crestline Funding Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    70.30%

    Crestline Funding Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 202 $88,620,000 $438,713

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    202 $88,620,000 $438,713

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 37 $11,825,000 $319,595 $3,725 2.81%
    40-60% 89 $38,585,000 $433,539 $3,322 2.91%
    60-80% 51 $25,055,000 $491,275 $4,225 2.99%
    80-100% 12 $7,130,000 $594,167 $5,356 3.03%
    Under 20% 7 $1,425,000 $203,571 $3,341 2.97%

    Complaints

    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%