Atlantic Coast Mortgage Rates, Fees & Info
GLEN ALLEN, VALEI: 54930095UWUUXAWASB02
Tax ID: 61-1645461
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Mortgage Data
Review & Overview
Atlantic Coast Mortgage is a small mortgage company specializing in Home Purchase loans. Atlantic Coast Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Virginia Beach, Charleston, Richmond, and Charlotte among others. We have data for 122 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 | 6.94% | 4/16/25 |
| 30 Year Conventional Refi | 6.67% | 4/16/25 |
| 30 Year Cash-out Refi | 7.42% | 4/16/25 |
| 30 Year FHA Purchase | 7.33% | 4/16/25 |
| 30 Year FHA Refi | 7.21% | 4/16/25 |
| 30 Year VA Purchase | 6.49% | 4/16/25 |
| 30 Year VA Refi | 6.05% | 4/16/25 |
| 30 Year USDA Purchase | 6.87% | 4/16/25 |
| 30 Year USDA Refi | 6.62% | 4/16/25 |
| 15 Year Conventional Purchase | 6.23% | 4/16/25 |
| 15 Year Conventional Refi | 6.11% | 4/16/25 |
| 15 Year Cash-out Refi | 6.11% | 4/16/25 |
| 15 Year VA Purchase | 6.30% | 4/16/25 |
| 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. | ||
Atlantic Coast Mortgage Mortgage Calculator
Your Estimates
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This is not an official calculator from Atlantic Coast Mortgage. 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
4,991Origination Dollar Volume (All Markets)
$2,008,485,000Awards
Atlantic Coast Mortgage - 2024
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For 2024, less than of lenders were eligible for this award.
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Relative Rate
Atlantic Coast Mortgage's average 30 year fixed mortgage rate was
6.64%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.09%.
Relative Fees (Closing Costs)
Atlantic Coast Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $9,081.
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 $8,356.
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) | 2,287 | $1,157,965,000 | $506,325 | $9,217 | 6.58% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 611 | $184,345,000 | $301,710 | $10,074 | 6.63% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 208 | $82,790,000 | $398,029 | $10,071 | 6.23% |
| RICHMOND, VA (FHA|USDA|VA) | 237 | $79,675,000 | $336,181 | $7,838 | 6.69% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 255 | $74,515,000 | $292,216 | $7,494 | 5.84% |
| Outside of Metro Areas | 225 | $62,795,000 | $279,089 | $9,061 | 6.66% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 138 | $54,220,000 | $392,899 | $9,724 | 6.56% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 102 | $34,170,000 | $335,000 | $8,407 | 6.50% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 116 | $32,930,000 | $283,879 | $8,635 | 6.53% |
| LYNCHBURG, VA (FHA|USDA|VA) | 128 | $29,450,000 | $230,078 | $7,001 | 6.67% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 47 | $23,815,000 | $506,702 | $11,797 | 7.26% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 74 | $23,020,000 | $311,081 | $8,213 | 6.78% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 70 | $17,100,000 | $244,286 | $5,754 | 5.95% |
| ROANOKE, VA (FHA|USDA|VA) | 22 | $8,220,000 | $373,636 | $7,187 | 6.81% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 21 | $8,005,000 | $381,190 | $8,154 | 6.95% |
| HARRISONBURG, VA (FHA|USDA|VA) | 22 | $8,000,000 | $363,636 | $6,979 | 6.89% |
| SPARTANBURG, SC (FHA|USDA|VA) | 24 | $6,810,000 | $283,750 | $8,210 | 6.07% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 32 | $5,990,000 | $187,188 | $5,098 | 5.43% |
| Elizabeth City, NC (FHA|USDA|VA) | 26 | $5,970,000 | $229,615 | $8,838 | 5.49% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 11 | $5,945,000 | $540,455 | $10,377 | 6.70% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 15 | $5,215,000 | $347,667 | $8,085 | 7.08% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 18 | $4,780,000 | $265,556 | $8,471 | 6.55% |
| Martinsville, VA (FHA|USDA|VA) | 35 | $4,545,000 | $129,857 | $5,979 | 6.82% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 9 | $4,445,000 | $493,889 | $11,672 | 6.82% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $4,260,000 | $532,500 | $11,986 | 6.22% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 12 | $4,080,000 | $340,000 | $9,193 | 6.92% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 11 | $3,845,000 | $349,545 | $10,108 | 5.83% |
| STAUNTON, VA (FHA|USDA|VA) | 12 | $3,800,000 | $316,667 | $6,487 | 6.62% |
| COLUMBIA, SC (FHA|USDA|VA) | 18 | $3,680,000 | $204,444 | $7,615 | 5.33% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 6 | $2,380,000 | $396,667 | $6,597 | 6.89% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $2,330,000 | $582,500 | $5,826 | 6.44% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $2,145,000 | $715,000 | $7,081 | 7.17% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 7 | $2,005,000 | $286,429 | $9,682 | 6.52% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $1,980,000 | $495,000 | $6,121 | 6.88% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 7 | $1,945,000 | $277,857 | $8,375 | 6.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $1,885,000 | $628,333 | $25,636 | 6.25% |
| Danville, VA (FHA|USDA|VA) | 12 | $1,760,000 | $146,667 | $9,085 | 6.94% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $1,715,000 | $343,000 | $10,238 | 6.35% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $1,640,000 | $820,000 | $6,583 | 8.62% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $1,570,000 | $785,000 | $11,283 | 6.38% |
| MORGANTOWN, WV (FHA|USDA|VA) | 4 | $1,500,000 | $375,000 | $6,288 | 6.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $5,556 | 6.63% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $9,763 | 6.38% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $7,927 | 6.41% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $9,294 | 6.75% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $6,218 | 7.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,215,000 | $1,215,000 | $12,039 | 7.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $7,972 | 6.70% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $9,705 | 7.06% |
| Easton, MD (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $4,992 | 6.70% |
| Altus, OK (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $8,342 | 6.62% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $11,161 | 6.29% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $11,096 | 7.31% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $10,193 | 6.87% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $7,036 | 7.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $10,350 | 5.91% |
| Albemarle, NC (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $7,167 | 6.96% |
| Mount Airy, NC (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $5,163 | 5.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $7,192 | 6.13% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $4,246 | 6.19% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $5,481 | 7.00% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $26,704 | 6.25% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 7.88% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $6,540 | 6.75% |
| Shelby, NC (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $7,598 | 5.13% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $7,351 | 6.66% |
| SUMTER, SC (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $6,621 | 8.29% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $5,432 | 6.87% |
| MADISON, WI (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,198 | 6.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $11,219 | 7.12% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,758 | 6.94% |
| Wilson, NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $10,709 | 6.13% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $9,847 | 6.25% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,351 | 6.88% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $5,169 | 6.92% |
| TULSA, OK (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $5,904 | 6.88% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $13,851 | 4.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $19,599 | 6.25% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,666 | 6.13% |
| Henderson, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,868 | 4.99% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $11,819 | 6.13% |
| Orangeburg, SC (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $3,843 | 8.08% |
| Forest City, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $10,675 | 6.63% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,233 | 6.25% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,417 | 7.88% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $11,784 | 6.25% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,992 | 6.63% |
| Boone, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,997 | 7.99% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,286 | 7.25% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,260 | 8.00% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,303 | 6.63% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,557 | 7.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,189 | 6.99% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,693 | 7.99% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,156 | 6.25% |
| Seneca, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,441 | 6.99% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $16,547 | 5.50% |
| OCALA, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,141 | 6.99% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.88% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,796 | 6.63% |
| Jackson, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,072 | 7.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 7.74% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,335 | 7.49% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $15,584 | 5.25% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,418 | 5.88% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 7.50% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,839 | 6.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $13,506 | 5.50% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,506 | 6.88% |
| GREENVILLE, NC (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 7.81% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,503 | 6.13% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,747 | 6.63% |
| Palatka, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,588 | 6.25% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,197 | 5.75% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,983 | 5.88% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,087 | 7.13% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.63% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,757 | 6.49% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,652 | 6.88% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,655 | 6.00% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,391 | 6.13% |
| Kinston, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.13% |
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Product Mix
For 2024, Atlantic Coast Mortgage's most frequently originated type of loan was Conventional, with 3,441 originations. Their 2nd most popular type was VA, with 781 originations.
Loan Reason
For 2024, Atlantic Coast Mortgage's most frequently cited loan purpose was Home Purchase, with 4,606 originations. The 2nd most popular reason was Refi, with 209 originations.
Loan Duration/Length
For 2024, Atlantic Coast Mortgage's most frequently cited loan duration was 30 Year, with 4,797 originations. The 2nd most popular length was 15 Year, with 134 originations.
Origination Fees/Closing Costs
Atlantic Coast Mortgage's average total fees were $9,081, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,584 originations.
Interest Rates
During 2024, Atlantic Coast Mortgage's average interest rate for loans was 6.64%, while their most frequently originated rate bucket for loans was 6-7%, with 3,023 originations.
Loan Sizing
2024 saw Atlantic Coast Mortgage place emphasis on $200k-400k loans with 2,112 originations, totaling $632,410,000 in origination value.
Applicant Income
Atlantic Coast Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,315 originations. The second most popular income band? $150k-250k, with 1,153 originations.
Applicant Debt to Income Ratio
Atlantic Coast Mortgage lent most frequently to those with DTI ratios of 30-36%, with 792 originations. The next most common DTI ratio? 20-30%, with 609 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.83%
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 origination77.88%
Atlantic Coast Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,991 | $2,008,485,000 | $402,421 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,991 | $2,008,485,000 | $402,421 |