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, Cash Out Refi, and Home Purchase 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 Diego, and Oxnard among others. We have data for 21 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. 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.01% 5/4/24
    30 Year Conventional Refi 6.53% 5/4/24
    30 Year Cash-out Refi 7.02% 5/4/24
    15 Year Conventional Purchase 6.13% 5/4/24
    15 Year Conventional Refi 6.28% 5/4/24
    15 Year Cash-out Refi 6.28% 5/4/24
    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.

    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

    539

    Origination Dollar Volume (All Markets)

    $216,705,000

    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) 243 $99,105,000 $407,840 $7,845 3.03%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 83 $41,025,000 $494,277 $6,638 3.10%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 72 $22,650,000 $314,583 $8,176 3.13%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 59 $20,805,000 $352,627 $5,190 3.29%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 27 $11,225,000 $415,741 $5,544 3.09%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 21 $11,175,000 $532,143 $3,930 2.68%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 13 $4,455,000 $342,692 $4,920 2.66%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $935,000 $311,667 $5,576 2.79%
    SALEM, OR (FHA|USDA|VA) 2 $760,000 $380,000 $4,590 3.00%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $565,000 $565,000 $13,489 3.99%
    FRESNO, CA (FHA|USDA|VA) 2 $510,000 $255,000 $3,354 3.00%
    STOCKTON, CA (FHA|USDA|VA) 2 $470,000 $235,000 $3,706 3.50%
    BEND, OR (FHA|USDA|VA) 1 $465,000 $465,000 $4,329 2.75%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $460,000 $230,000 $5,032 3.19%
    NAPA, CA (FHA|USDA|VA) 1 $425,000 $425,000 $3,354 2.49%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $335,000 $335,000 $4,004 2.99%
    VISALIA, CA (FHA|USDA|VA) 1 $325,000 $325,000 $3,354 2.99%
    MODESTO, CA (FHA|USDA|VA) 2 $320,000 $160,000 $4,271 3.50%
    Outside of Metro Areas 1 $285,000 $285,000 $3,354 2.99%
    SALINAS, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,209 2.99%
    MERCED, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,234 3.13%
    Coast 2 Coast Funding Group's top markets include Los Angeles, San Francisco, Riverside, San Diego, and Oxnard among others.

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

    People's Community Federal Credit Union
    Similarity Rank: 86
    Christian Community Credit Union
    Similarity Rank: 354
    Credence Funding Corporation
    Similarity Rank: 404
    CASTPARTS EMPLOYEES
    Similarity Rank: 660
    CONNECTIONS
    Similarity Rank: 750
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 825
    MYPOINT Credit Union
    Similarity Rank: 924
    Chaffey Federal Credit Union
    Similarity Rank: 966
    PIONEER
    Similarity Rank: 999
    Yakima Federal Savings and Loan Association
    Similarity Rank: 1065

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 539 $216,705,000 $402,050 $6,947 3.06%

    For 2021, Coast 2 Coast Funding Group's most frequently originated type of loan was Conventional, with 539 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 225 $93,275,000 $414,556 $4,983 2.81%
    Cash Out Refi 183 $66,695,000 $364,454 $9,373 3.17%
    Home Purchase 128 $55,730,000 $435,391 $7,005 3.35%
    Other 3 $1,005,000 $335,000 $4,628 3.38%

    For 2021, Coast 2 Coast Funding Group's most frequently cited loan purpose was Refi, with 225 originations. The 2nd most popular reason was Cash Out Refi, with 183 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 485 $199,115,000 $410,546 $7,159 3.13%
    15 Year 39 $11,795,000 $302,436 $4,272 2.38%
    20 Year 14 $5,130,000 $366,429 $6,858 2.64%
    Other 1 $665,000 $665,000 $10,159 2.88%

    For 2021, Coast 2 Coast Funding Group's most frequently cited loan duration was 30 Year, with 485 originations. The 2nd most popular length was 15 Year, with 39 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 312 $127,210,000 $407,724
    $5k+ 192 $80,160,000 $417,500
    $3k-4k 17 $4,165,000 $245,000
    $4k-5k 14 $3,680,000 $262,857
    $2k-3k 4 $1,490,000 $372,500

    Coast 2 Coast Funding Group's average total fees were $7,159, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 312 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 238 $96,980,000 $407,479
    3-4% 227 $90,745,000 $399,758
    <2.5% 67 $26,135,000 $390,075
    4-5% 7 $2,845,000 $406,429

    During 2021, Coast 2 Coast Funding Group's average interest rate for loans was 3.13%, while their most frequently originated rate bucket for loans was 2.5-3%, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 248 $76,820,000 $309,758 $6,474 3.08%
    $400k-600k 195 $94,085,000 $482,487 $7,294 3.00%
    $600k-1MM 57 $39,675,000 $696,053 $9,216 3.20%
    $100k-200k 39 $6,125,000 $157,051 $4,895 3.06%

    2021 saw Coast 2 Coast Funding Group place emphasis on $200k-400k loans with 248 originations, totaling $76,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 166 $73,590,000 $443,313 $6,948 3.06%
    $150k-250k 121 $57,605,000 $476,074 $6,318 2.98%
    $50k-75k 90 $28,280,000 $314,222 $8,196 3.14%
    $75k-100k 88 $33,020,000 $375,227 $7,063 3.10%
    $250k+ 37 $15,735,000 $425,270 $5,381 3.01%
    $50k or less 36 $8,160,000 $226,667 $7,340 3.14%

    Coast 2 Coast Funding Group lent most frequently to those with incomes in the $100k-150k range, with 166 originations. The second most popular income band? $150k-250k, with 121 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 119 $44,065,000 $370,294 $5,083 2.89%
    30-36% 90 $37,440,000 $416,000 $7,003 3.11%
    <20% 36 $12,520,000 $347,778 $4,468 2.85%
    44% 35 $15,385,000 $439,571 $9,055 3.26%
    40% 27 $10,655,000 $394,630 $7,655 3.15%
    42% 24 $9,780,000 $407,500 $8,385 3.13%
    45% 24 $12,430,000 $517,917 $8,666 3.18%
    36% 22 $9,260,000 $420,909 $8,382 3.20%
    49% 22 $8,500,000 $386,364 $9,287 3.23%
    37% 21 $8,905,000 $424,048 $7,527 3.14%
    39% 21 $8,155,000 $388,333 $5,681 3.15%
    43% 20 $7,230,000 $361,500 $7,273 3.05%
    47% 19 $8,265,000 $435,000 $8,989 2.99%
    41% 18 $7,730,000 $429,444 $8,599 3.09%
    38% 17 $6,455,000 $379,706 $6,197 2.98%
    48% 16 $6,690,000 $418,125 $7,424 3.25%
    46% 6 $2,350,000 $391,667 $5,440 3.21%
    50-60% 2 $890,000 $445,000 $9,924 2.81%

    Coast 2 Coast Funding Group lent most frequently to those with DTI ratios of 20-30%, with 119 originations. The next most common DTI ratio? 30-36%, with 90 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 368 $141,930,000 $385,679 $7,144 3.07%
    Asian 110 $51,140,000 $464,909 $5,916 3.05%
    Black 37 $12,735,000 $344,189 $9,576 3.22%
    Asian Indian 11 $5,085,000 $462,273 $4,389 2.52%
    Not provided 7 $3,175,000 $453,571 $4,131 2.79%
    Chinese 3 $1,255,000 $418,333 $4,030 3.12%
    American Indian 1 $755,000 $755,000 $13,659 3.63%
    Other Asian 2 $630,000 $315,000 $3,810 3.13%

    Approval Rates

    Total approvals of all applications
    100.00%

    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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 539 $216,705,000 $402,050

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    539 $216,705,000 $402,050

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 57 $14,585,000 $255,877 $4,774 2.90%
    40-60% 164 $61,110,000 $372,622 $5,839 2.87%
    60-80% 252 $112,500,000 $446,429 $8,158 3.16%
    80-100% 59 $27,285,000 $462,458 $7,227 3.39%
    Under 20% 7 $1,225,000 $175,000 $4,492 2.95%