Coast 2 Coast Funding Group Mortgage Rates, Fees & Info

IRVINE, CA

LEI: 5493005LE3FE2MIPPW66

Tax ID: 20-4459706

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

    Coast 2 Coast Funding Group is a smaller mortgage company specializing in Refi and Cash Out Refi loans. Coast 2 Coast Funding Group has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Francisco, Riverside, San Jose, and San Diego among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Coast 2 Coast Funding Group has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Coast 2 Coast Funding Group 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 7.01% 11/21/24
    30 Year Conventional Refi 6.53% 11/21/24
    30 Year Cash-out Refi 7.02% 11/21/24
    15 Year Conventional Purchase 6.13% 11/21/24
    15 Year Conventional Refi 6.28% 11/21/24
    15 Year Cash-out Refi 6.28% 11/21/24
    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.

    Coast 2 Coast Funding Group Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Coast 2 Coast Funding Group. 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

    686

    Origination Dollar Volume (All Markets)

    $269,410,000

    Awards

    COAST 2 COAST FUNDING GROUP 30 Year Conventional Loans gold
    Show all (1) 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) 332 $133,590,000 $402,380 $6,200 3.12%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 102 $45,140,000 $442,549 $4,211 3.11%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 71 $22,095,000 $311,197 $6,118 3.09%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 40 $19,710,000 $492,750 $4,119 3.20%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 49 $19,445,000 $396,837 $5,388 3.40%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 31 $11,465,000 $369,839 $4,576 3.21%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 16 $3,880,000 $242,500 $4,081 2.92%
    BOISE CITY, ID (FHA|USDA|VA) 13 $3,465,000 $266,538 $4,443 3.59%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 9 $3,055,000 $339,444 $4,100 3.16%
    NAPA, CA (FHA|USDA|VA) 5 $1,935,000 $387,000 $4,443 3.32%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $1,280,000 $640,000 $10,807 3.50%
    SALEM, OR (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,577 3.31%
    VISALIA, CA (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,445 2.66%
    FRESNO, CA (FHA|USDA|VA) 3 $855,000 $285,000 $3,506 2.87%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $375,000 $375,000 $3,795 2.99%
    STOCKTON, CA (FHA|USDA|VA) 1 $315,000 $315,000 $3,992 2.88%
    CHICO, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,844 2.75%
    BEND, OR (FHA|USDA|VA) 1 $205,000 $205,000 $3,921 3.25%
    MODESTO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $4,572 5.25%
    Coast 2 Coast Funding Group's top markets include Los Angeles, San Francisco, Riverside, San Jose, and San Diego among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against COAST 2 COAST FUNDING GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    FIRST MORTGAGE COMPANY, INC.
    Similarity Rank: 280
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    Similarity Rank: 345
    MANHATTAN FINANCIAL GROUP, INC.
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    People's Community Federal Credit Union
    Similarity Rank: 434
    CASTPARTS EMPLOYEES
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    PIONEER
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    MYPOINT Credit Union
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    CONNECTIONS
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    ALTURA
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    Christian Community Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 686 $269,410,000 $392,726 $5,480 3.15%

    For 2020, Coast 2 Coast Funding Group's most frequently originated type of loan was Conventional, with 686 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 445 $178,905,000 $402,034 $4,639 3.03%
    Cash Out Refi 162 $59,280,000 $365,926 $7,362 3.33%
    Home Purchase 79 $31,225,000 $395,253 $6,365 3.48%

    For 2020, Coast 2 Coast Funding Group's most frequently cited loan purpose was Refi, with 445 originations. The 2nd most popular reason was Cash Out Refi, with 162 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 603 $242,185,000 $401,633 $5,662 3.21%
    15 Year 64 $20,110,000 $314,219 $4,386 2.64%
    20 Year 9 $3,135,000 $348,333 $3,437 2.97%
    Other 9 $3,755,000 $417,222 $3,397 2.96%
    10 Year 1 $225,000 $225,000 $3,259 2.38%

    For 2020, Coast 2 Coast Funding Group's most frequently cited loan duration was 30 Year, with 603 originations. The 2nd most popular length was 15 Year, with 64 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 436 $175,070,000 $401,537
    $5k+ 153 $60,745,000 $397,026
    $<1k 44 $17,210,000 $391,136
    $4k-5k 27 $8,405,000 $311,296
    $3k-4k 17 $5,015,000 $295,000
    $2k-3k 9 $2,965,000 $329,444

    Coast 2 Coast Funding Group's average total fees were $5,662, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 436 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 333 $130,865,000 $392,988
    3-4% 254 $101,420,000 $399,291
    <2.5% 57 $20,805,000 $365,000
    4-5% 38 $15,050,000 $396,053
    5-6% 4 $1,270,000 $317,500

    During 2020, Coast 2 Coast Funding Group's average interest rate for loans was 3.21%, while their most frequently originated rate bucket for loans was 2.5-3%, with 333 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 320 $99,350,000 $310,469 $5,148 3.13%
    $400k-600k 275 $131,955,000 $479,836 $5,958 3.13%
    $100k-200k 45 $7,475,000 $166,111 $4,606 3.20%
    $600k-1MM 45 $30,545,000 $678,778 $5,833 3.38%
    $100,000 or less 1 $85,000 $85,000 $3,805 4.88%

    2020 saw Coast 2 Coast Funding Group place emphasis on $200k-400k loans with 320 originations, totaling $99,350,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 223 $90,535,000 $405,987 $5,499 3.15%
    $150k-250k 174 $79,000,000 $454,023 $4,493 3.10%
    $75k-100k 102 $37,200,000 $364,706 $6,281 3.14%
    $50k-75k 82 $24,220,000 $295,366 $6,486 3.21%
    $250k+ 67 $29,235,000 $436,343 $4,736 3.16%
    $50k or less 33 $7,865,000 $238,333 $7,272 3.34%

    Coast 2 Coast Funding Group lent most frequently to those with incomes in the $100k-150k range, with 223 originations. The second most popular income band? $150k-250k, with 174 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 175 $69,305,000 $396,029 $4,617 3.05%
    30-36% 142 $56,820,000 $400,141 $5,266 3.20%
    <20% 57 $21,035,000 $369,035 $4,542 3.03%
    43% 40 $14,170,000 $354,250 $5,089 3.10%
    44% 36 $13,760,000 $382,222 $7,049 3.47%
    42% 32 $12,270,000 $383,438 $5,948 3.12%
    40% 27 $10,825,000 $400,926 $5,420 3.28%
    36% 22 $10,330,000 $469,545 $5,839 3.24%
    37% 21 $7,845,000 $373,571 $4,993 2.94%
    41% 20 $9,170,000 $458,500 $6,911 3.12%
    49% 18 $6,570,000 $365,000 $9,068 3.19%
    39% 18 $6,290,000 $349,444 $5,622 3.13%
    47% 17 $6,235,000 $366,765 $8,130 3.24%
    38% 17 $6,705,000 $394,412 $6,235 3.19%
    48% 16 $6,330,000 $395,625 $6,489 3.08%
    46% 12 $5,360,000 $446,667 $5,677 3.56%
    45% 10 $3,880,000 $388,000 $5,348 3.28%
    50-60% 3 $1,405,000 $468,333 $9,812 3.66%
    >60% 3 $1,105,000 $368,333 $5,327 3.29%

    Coast 2 Coast Funding Group lent most frequently to those with DTI ratios of 20-30%, with 175 originations. The next most common DTI ratio? 30-36%, with 142 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 454 $175,320,000 $386,167 $5,610 3.15%
    Asian 159 $65,105,000 $409,465 $4,302 3.13%
    Black 41 $15,495,000 $377,927 $9,760 3.45%
    Asian Indian 18 $7,950,000 $441,667 $3,513 2.76%
    Not provided 9 $3,445,000 $382,778 $3,859 2.94%
    Chinese 2 $1,180,000 $590,000 $3,252 2.88%
    Other Asian 1 $345,000 $345,000 $3,354 2.88%
    Native Hawaiian or Islander 1 $285,000 $285,000 $9,834 3.25%
    Not applicable 1 $285,000 $285,000 $10,784 3.63%

    Approval Rates

    Total approvals of all applications
    99.86%

    Coast 2 Coast Funding Group 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
    97.23%

    Coast 2 Coast Funding Group has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 686 $269,410,000 $392,726

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 686 $269,410,000 $392,726

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 73 $19,405,000 $265,822 $4,804 3.02%
    40-60% 241 $91,105,000 $378,029 $4,585 2.92%
    60-80% 293 $124,895,000 $426,263 $6,431 3.30%
    80-100% 73 $32,965,000 $451,575 $5,385 3.46%
    Under 20% 6 $1,040,000 $173,333 $4,384 3.21%