Atlantic Coast Mortgage Rates, Fees & Info

GLEN ALLEN, VA

LEI: 54930095UWUUXAWASB02

Tax ID: 61-1645461

4 stars - out of 5 stars, based on 94 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Atlantic Coast Mortgage is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Atlantic Coast Mortgage 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.) They have a low ratio of USDA 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: Washington, Virginia Beach, Baltimore, Charlottesville, and Charleston among others. We have data for 107 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Atlantic Coast Mortgage 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. Atlantic Coast Mortgage 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 6.43% 10/3/22
    30 Year Conventional Refi 6.34% 10/3/22
    30 Year Cash-out Refi 6.56% 10/3/22
    30 Year FHA Purchase 7.42% 10/3/22
    30 Year FHA Refi 7.10% 10/3/22
    30 Year VA Purchase 6.27% 10/3/22
    30 Year VA Refi 5.97% 10/3/22
    30 Year USDA Purchase 6.75% 10/3/22
    30 Year USDA Refi 6.41% 10/3/22
    15 Year Conventional Purchase 6.06% 10/3/22
    15 Year Conventional Refi 6.04% 10/3/22
    15 Year Cash-out Refi 6.04% 10/3/22
    15 Year VA Purchase 6.16% 10/3/22
    15 Year VA Refi 5.96% 10/3/22
    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.


    Originations

    8,864

    Origination Dollar Volume (All Markets)

    $3,715,390,000
    Show all (14) awards

    Relative Rate

    Atlantic Coast Mortgage 's average 30 year fixed mortgage rate was 2.97%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.18%.

    Relative Fees (Closing Costs)

    Atlantic Coast Mortgage 's average total fees/closing costs for a 30 year fixed rate mortgage were $6,287.

    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.

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6,215 $2,941,805,000 $473,340 $6,286 2.88%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 521 $139,805,000 $268,340 $6,017 3.18%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 321 $106,335,000 $331,262 $5,652 3.04%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 342 $102,400,000 $299,415 $5,287 2.92%
    Outside of Metro Areas 328 $91,620,000 $279,329 $6,113 2.98%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 193 $59,925,000 $310,492 $4,752 3.00%
    RICHMOND, VA (FHA|USDA|VA) 147 $38,435,000 $261,463 $4,674 3.12%
    WINCHESTER, VA-WV (FHA|USDA|VA) 76 $21,330,000 $280,658 $5,054 3.08%
    SALISBURY, MD-DE (FHA|USDA|VA) 48 $19,130,000 $398,542 $5,782 2.91%
    RALEIGH-CARY, NC (FHA|USDA|VA) 53 $16,065,000 $303,113 $4,447 2.84%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 45 $15,175,000 $337,222 $7,065 2.89%
    STAUNTON, VA (FHA|USDA|VA) 38 $9,400,000 $247,368 $4,886 2.97%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 35 $9,205,000 $263,000 $6,396 3.02%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 28 $8,970,000 $320,357 $5,270 2.94%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 35 $8,095,000 $231,286 $4,562 2.97%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 24 $7,490,000 $312,083 $3,419 2.91%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 21 $7,405,000 $352,619 $5,051 2.70%
    Kill Devil Hills, NC (FHA|USDA|VA) 20 $7,110,000 $355,500 $4,717 3.26%
    ROANOKE, VA (FHA|USDA|VA) 26 $6,910,000 $265,769 $4,828 3.16%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $6,440,000 $322,000 $4,879 2.90%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 17 $6,025,000 $354,412 $5,681 2.77%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 20 $5,110,000 $255,500 $5,311 3.02%
    HARRISONBURG, VA (FHA|USDA|VA) 19 $4,865,000 $256,053 $4,422 3.00%
    Easton, MD (FHA|USDA|VA) 14 $4,820,000 $344,286 $6,337 2.81%
    LYNCHBURG, VA (FHA|USDA|VA) 10 $3,530,000 $353,000 $4,891 3.23%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 11 $3,345,000 $304,091 $5,720 3.01%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 10 $3,230,000 $323,000 $4,513 3.08%
    Altus, OK (FHA|USDA|VA) 13 $2,705,000 $208,077 $4,964 2.97%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 6 $2,500,000 $416,667 $3,925 2.48%
    JACKSONVILLE, FL (FHA|USDA|VA) 8 $2,430,000 $303,750 $4,986 2.92%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $2,240,000 $373,333 $5,549 3.08%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $2,140,000 $356,667 $5,878 2.98%
    SAVANNAH, GA (FHA|USDA|VA) 8 $2,080,000 $260,000 $5,294 3.05%
    WILMINGTON, NC (FHA|USDA|VA) 8 $2,070,000 $258,750 $2,713 3.11%
    JACKSONVILLE, NC (FHA|USDA|VA) 7 $2,025,000 $289,286 $5,200 3.04%
    ASHEVILLE, NC (FHA|USDA|VA) 6 $1,690,000 $281,667 $3,249 3.21%
    Cambridge, MD (FHA|USDA|VA) 6 $1,610,000 $268,333 $4,522 3.15%
    COLUMBIA, SC (FHA|USDA|VA) 6 $1,590,000 $265,000 $4,676 2.79%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $1,580,000 $790,000 $11,746 2.63%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,565,000 $521,667 $5,633 2.67%
    Morehead City, NC (FHA|USDA|VA) 4 $1,520,000 $380,000 $3,403 3.16%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $1,445,000 $481,667 $7,347 3.21%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,330,000 $221,667 $6,925 3.31%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,280,000 $320,000 $4,539 2.69%
    BURLINGTON, NC (FHA|USDA|VA) 5 $1,075,000 $215,000 $3,740 3.18%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $1,050,000 $262,500 $6,066 2.88%
    Sevierville, TN (FHA|USDA|VA) 2 $990,000 $495,000 $0 3.81%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $970,000 $242,500 $3,410 3.22%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $965,000 $321,667 $3,394 3.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $960,000 $240,000 $5,382 3.03%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $955,000 $191,000 $2,953 3.08%
    ERIE, PA (FHA|USDA|VA) 6 $950,000 $158,333 $3,562 2.67%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 4 $880,000 $220,000 $4,051 3.06%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $850,000 $425,000 $3,251 2.69%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $805,000 $268,333 $4,162 2.79%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $800,000 $400,000 $3,096 3.25%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $755,000 $251,667 $5,879 2.79%
    LANCASTER, PA (FHA|USDA|VA) 2 $690,000 $345,000 $4,575 2.81%
    Elizabeth City, NC (FHA|USDA|VA) 4 $680,000 $170,000 $4,061 3.16%
    Boone, NC (FHA|USDA|VA) 3 $665,000 $221,667 $3,344 3.42%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $650,000 $325,000 $4,485 2.63%
    Danville, VA (FHA|USDA|VA) 2 $650,000 $325,000 $4,361 2.88%
    Roanoke Rapids, NC (FHA|USDA|VA) 2 $630,000 $315,000 $4,040 3.13%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $615,000 $205,000 $3,895 2.79%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $615,000 $205,000 $10,623 3.13%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $605,000 $201,667 $6,475 3.00%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $590,000 $295,000 $8,543 2.81%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $575,000 $575,000 $4,185 3.13%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $570,000 $285,000 $3,523 2.75%
    Lake City, FL (FHA|USDA|VA) 1 $515,000 $515,000 $4,081 2.75%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $500,000 $250,000 $3,846 4.63%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $490,000 $245,000 $5,077 3.31%
    MORGANTOWN, WV (FHA|USDA|VA) 1 $475,000 $475,000 $4,219 1.88%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $465,000 $155,000 $4,773 3.08%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $19,017 3.00%
    NEW BERN, NC (FHA|USDA|VA) 2 $390,000 $195,000 $12,026 2.56%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $390,000 $195,000 $4,226 3.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $360,000 $180,000 $4,219 2.69%
    Orangeburg, SC (FHA|USDA|VA) 2 $360,000 $180,000 $3,837 3.06%
    Lewisburg, TN (FHA|USDA|VA) 1 $335,000 $335,000 $2,884 2.13%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $325,000 $325,000 $6,386 2.75%
    READING, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,229 1.88%
    BECKLEY, WV (FHA|USDA|VA) 1 $325,000 $325,000 $5,526 2.00%
    GETTYSBURG, PA (FHA|USDA|VA) 2 $320,000 $160,000 $3,805 2.94%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $315,000 $315,000 $3,985 2.63%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $315,000 $315,000 $5,108 2.25%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $305,000 $305,000 $0 3.00%
    GREENVILLE, NC (FHA|USDA|VA) 1 $285,000 $285,000 $3,365 2.88%
    OCALA, FL (FHA|USDA|VA) 2 $270,000 $135,000 $2,850 3.00%
    ALTOONA, PA (FHA|USDA|VA) 2 $230,000 $115,000 $3,497 3.00%
    Brevard, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,920 2.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $205,000 $205,000 $5,537 3.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,732 3.25%
    Martinsville, VA (FHA|USDA|VA) 1 $185,000 $185,000 $4,189 3.25%
    SUMTER, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,249 3.38%
    Sanford, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,404 3.38%
    Jefferson, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,779 2.38%
    Selinsgrove, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,804 3.00%
    Henderson, NC (FHA|USDA|VA) 1 $135,000 $135,000 $5,470 3.38%
    Cullowhee, NC (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.88%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.88%
    LEBANON, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,506 2.88%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,400 2.00%
    Clewiston, FL (FHA|USDA|VA) 1 $95,000 $95,000 $3,385 3.50%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $2,747 3.00%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $75,000 $75,000 $4,807 3.50%
    Washington, NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,669 3.25%

    Atlantic Coast Mortgage 's top markets include Washington, Virginia Beach, Baltimore, Charlottesville, and Charleston among others.

    Similar Lenders

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

    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 167
    PATRIOT
    Similarity Rank: 228
    Member Options, LLC
    Similarity Rank: 279
    Louviers Federal Credit Union
    Similarity Rank: 410
    HENRICO Federal Credit Union
    Similarity Rank: 420
    BHCU
    Similarity Rank: 504
    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 518
    ABNB Federal Credit Union
    Similarity Rank: 544
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    Barley Mortgage, LLC
    Similarity Rank: 552

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,269 $3,040,415,000 $418,271 $5,112 2.94%
    VA 975 $481,955,000 $494,313 $10,962 2.71%
    FHA 481 $155,745,000 $323,794 $10,928 3.10%
    USDA 129 $34,625,000 $268,411 $6,743 2.83%
    FHA 10 $2,650,000 $265,000 $0 3.51%

    For 2021, Atlantic Coast Mortgage 's most frequently originated type of loan was Conventional, with 7,269 originations. Their 2nd most popular type was VA, with 975 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,329 $2,319,105,000 $435,186 $7,021 2.99%
    Refi 2,631 $1,053,425,000 $400,390 $4,455 2.74%
    Cash Out Refi 724 $276,940,000 $382,514 $5,353 3.09%
    Home Improvement 103 $34,775,000 $337,621 $4,819 3.07%
    Other 77 $31,145,000 $404,481 $5,809 2.90%

    For 2021, Atlantic Coast Mortgage 's most frequently cited loan purpose was Home Purchase, with 5,329 originations. The 2nd most popular reason was Refi, with 2,631 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,002 $3,429,520,000 $428,583 $6,287 2.97%
    15 Year 604 $200,630,000 $332,169 $3,798 2.37%
    20 Year 154 $49,720,000 $322,857 $3,814 2.77%
    Other 74 $27,620,000 $373,243 $3,888 3.22%
    10 Year 29 $6,455,000 $222,586 $3,262 2.17%
    1 Year 1 $1,445,000 $1,445,000 $0 4.25%

    For 2021, Atlantic Coast Mortgage 's most frequently cited loan duration was 30 Year, with 8,002 originations. The 2nd most popular length was 15 Year, with 604 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 4,993 $2,213,065,000 $443,234
    $2k-3k 829 $335,635,000 $404,867
    $5k+ 617 $378,725,000 $613,817
    $<1k 605 $184,045,000 $304,207
    $3k-4k 481 $214,885,000 $446,746
    $4k-5k 320 $154,310,000 $482,219

    Atlantic Coast Mortgage 's average total fees were $6,287, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,993 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 4,578 $2,089,320,000 $456,383
    3-4% 2,786 $1,014,830,000 $364,261
    <2.5% 1,450 $595,180,000 $410,469
    4-5% 43 $10,485,000 $243,837
    5-6% 7 $5,575,000 $796,429

    During 2021, Atlantic Coast Mortgage 's average interest rate for loans was 2.97%, while their most frequently originated rate bucket for loans was 2.5-3%, with 4,578 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,613 $1,078,185,000 $298,418 $5,000 2.93%
    $400k-600k 2,441 $1,193,485,000 $488,933 $6,437 2.88%
    $600k-1MM 1,445 $1,048,785,000 $725,803 $8,138 2.86%
    $100k-200k 906 $145,600,000 $160,706 $3,639 3.02%
    $100,000 or less 264 $9,070,000 $34,356 $2,837 3.25%
    $1MM+ 195 $240,265,000 $1,232,128 $12,323 2.96%

    2021 saw Atlantic Coast Mortgage place emphasis on $200k-400k loans with 3,613 originations, totaling $1,078,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,186 $897,110,000 $410,389 $6,145 2.92%
    $150k-250k 2,174 $1,104,510,000 $508,054 $6,373 2.90%
    $75k-100k 1,321 $419,705,000 $317,718 $5,747 2.95%
    $50k-75k 1,245 $316,195,000 $253,972 $5,217 2.97%
    $250k+ 1,163 $768,805,000 $661,053 $7,090 2.93%
    $50k or less 505 $87,285,000 $172,842 $4,290 3.06%

    Atlantic Coast Mortgage lent most frequently to those with incomes in the $100k-150k range, with 2,186 originations. The second most popular income band? $150k-250k, with 2,174 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,184 $959,590,000 $439,373 $5,438 2.88%
    30-36% 1,640 $703,750,000 $429,116 $5,968 2.95%
    <20% 840 $353,360,000 $420,667 $4,698 2.82%
    38% 358 $149,100,000 $416,480 $6,211 2.98%
    42% 338 $135,510,000 $400,917 $6,664 3.01%
    40% 314 $120,780,000 $384,650 $6,584 2.98%
    37% 314 $126,450,000 $402,707 $6,045 2.97%
    44% 310 $114,400,000 $369,032 $6,461 3.01%
    39% 307 $130,315,000 $424,479 $6,255 3.01%
    41% 306 $130,460,000 $426,340 $6,561 2.99%
    36% 299 $119,135,000 $398,445 $6,044 2.98%
    43% 283 $100,015,000 $353,410 $6,234 3.01%
    45% 222 $90,030,000 $405,541 $6,695 2.97%
    48% 196 $79,870,000 $407,500 $6,918 2.95%
    49% 192 $76,660,000 $399,271 $6,946 2.95%
    46% 186 $76,280,000 $410,108 $7,263 2.99%
    47% 183 $72,935,000 $398,552 $6,683 2.98%
    50-60% 166 $76,210,000 $459,096 $11,855 2.88%
    >60% 10 $4,980,000 $498,000 $22,705 2.95%

    Atlantic Coast Mortgage lent most frequently to those with DTI ratios of 20-30%, with 2,184 originations. The next most common DTI ratio? 30-36%, with 1,640 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,789 $2,472,375,000 $427,082 $5,958 2.91%
    Not provided 1,552 $618,770,000 $398,692 $6,069 2.95%
    Black 755 $279,025,000 $369,570 $7,390 3.03%
    Asian 546 $249,230,000 $456,465 $5,392 2.86%
    Asian Indian 82 $39,450,000 $481,098 $5,959 2.86%
    American Indian 53 $19,285,000 $363,868 $5,733 2.95%
    Other Asian 41 $18,535,000 $452,073 $6,226 2.87%
    Chinese 12 $4,380,000 $365,000 $5,048 2.75%
    Vietnamese 7 $3,875,000 $553,571 $4,392 2.82%
    Filipino 9 $3,825,000 $425,000 $5,648 3.07%
    Korean 6 $2,850,000 $475,000 $4,014 2.83%
    Other Pacific Islander 3 $1,835,000 $611,667 $5,203 2.92%
    Native Hawaiian or Islander 8 $1,730,000 $216,250 $6,734 2.89%
    1 $225,000 $225,000 $5,214 3.00%

    Approval Rates

    Total approvals of all applications
    98.72%

    Atlantic Coast Mortgage 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
    85.98%

    Atlantic Coast Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 8,864 $3,715,390,000 $419,155

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    8,864 $3,715,390,000 $419,155

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 224 $58,980,000 $263,304 $3,854 2.70%
    40-60% 806 $305,710,000 $379,293 $4,198 2.76%
    60-80% 2,472 $1,103,060,000 $446,222 $5,171 2.96%
    80-100% 3,909 $1,719,235,000 $439,815 $6,649 2.95%
    Over 100% 281 $142,215,000 $506,103 $18,890 2.80%
    Under 20% 183 $4,145,000 $22,650 $1,928 3.29%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    ATLANTIC BAY MORTGAGE GROUP LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 9.1%
    ATLANTIC BAY MORTGAGE GROUP LLC Conventional home mortgage Trouble during payment process 5 45.5%
    ATLANTIC BAY MORTGAGE GROUP LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 9.1%
    ATLANTIC BAY MORTGAGE GROUP LLC Conventional home mortgage Struggling to pay mortgage 1 9.1%
    ATLANTIC BAY MORTGAGE GROUP LLC FHA mortgage Trouble during payment process 1 9.1%
    ATLANTIC BAY MORTGAGE GROUP LLC VA mortgage Trouble during payment process 2 18.2%