East Coast Capital Corp. Mortgage Rates, Fees & Info
Melville, NYLEI: 549300LI3FDGO7UKFF39
Tax ID: 11-3468642
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
East Coast Capital Corp. is a smaller mortgage company specializing in Home Purchase loans. East Coast Capital Corp. has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: New York, Columbus, Bridgeport, New Haven, and Miami among others. We have data for 60 markets. (Some data included below & more in-depth data is available with an active subscription.)East Coast Capital Corp. 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. East Coast Capital Corp. is typically a high 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 | 6.78% | 11/17/24 |
| 30 Year Conventional Refi | 6.67% | 11/17/24 |
| 30 Year Cash-out Refi | 6.90% | 11/17/24 |
| 30 Year FHA Purchase | 7.27% | 11/17/24 |
| 30 Year FHA Refi | 7.26% | 11/17/24 |
| 30 Year VA Purchase | 6.00% | 11/17/24 |
| 30 Year USDA Purchase | 7.40% | 11/17/24 |
| 15 Year Conventional Purchase | 6.25% | 11/17/24 |
| 15 Year Conventional Refi | 6.01% | 11/17/24 |
| 15 Year Cash-out Refi | 6.01% | 11/17/24 |
| 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. | ||
East Coast Capital Corp. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from East Coast Capital Corp.. 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
948Origination Dollar Volume (All Markets)
$340,400,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 685 | $273,825,000 | $399,745 | $12,348 | 4.36% |
| COLUMBUS, OH (FHA|USDA|VA) | 62 | $13,720,000 | $221,290 | $7,392 | 4.14% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 26 | $9,060,000 | $348,462 | $10,263 | 4.77% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 15 | $3,255,000 | $217,000 | $9,309 | 4.27% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 12 | $2,910,000 | $242,500 | $7,132 | 4.42% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $2,815,000 | $563,000 | $10,553 | 4.30% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $2,625,000 | $291,667 | $11,250 | 4.96% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 7 | $2,595,000 | $370,714 | $14,185 | 4.63% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 10 | $2,470,000 | $247,000 | $7,370 | 4.54% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 8 | $2,230,000 | $278,750 | $9,774 | 4.67% |
| Outside of Metro Areas | 10 | $2,010,000 | $201,000 | $8,689 | 5.15% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $1,760,000 | $440,000 | $6,420 | 4.16% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,705,000 | $341,000 | $4,802 | 4.68% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 6 | $1,650,000 | $275,000 | $12,099 | 4.33% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 12 | $1,480,000 | $123,333 | $5,966 | 4.17% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $7,690 | 4.85% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $11,011 | 3.63% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $8,500 | 4.35% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $7,058 | 4.54% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $7,376 | 4.53% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $9,509 | 4.33% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $7,971 | 3.69% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $11,749 | 5.69% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $9,390 | 4.69% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $10,791 | 3.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $6,593 | 4.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $9,928 | 5.38% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $10,550 | 5.13% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,660 | 4.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $7,752 | 4.19% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,261 | 5.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,733 | 3.88% |
| AKRON, OH (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,182 | 3.50% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,165 | 4.50% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,729 | 3.63% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $8,569 | 7.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,790 | 4.13% |
| OCALA, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,640 | 4.56% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,366 | 4.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,538 | 4.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 5.13% |
| BINGHAMTON, NY (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $7,358 | 5.06% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,443 | 4.50% |
| Concord, NH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,991 | 5.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,966 | 4.50% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,315 | 3.50% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,788 | 4.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,860 | 5.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,439 | 4.88% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,968 | 4.25% |
| Fremont, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,066 | 4.13% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,693 | 4.38% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,533 | 5.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,706 | 3.75% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,619 | 3.63% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,048 | 5.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,044 | 4.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,180 | 5.25% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,958 | 5.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,279 | 4.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against East Coast Capital Corp. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 56
Similarity Rank: 70
Similarity Rank: 104
Similarity Rank: 104
Similarity Rank: 114
Similarity Rank: 122
Similarity Rank: 124
Similarity Rank: 150
Similarity Rank: 156
Similarity Rank: 162
Product Mix
For 2019, East Coast Capital Corp.'s most frequently originated type of loan was Conventional, with 519 originations. Their 2nd most popular type was FHA, with 393 originations.
Loan Reason
For 2019, East Coast Capital Corp.'s most frequently cited loan purpose was Home Purchase, with 667 originations. The 2nd most popular reason was Cash Out Refi, with 165 originations.
Loan Duration/Length
For 2019, East Coast Capital Corp.'s most frequently cited loan duration was 30 Year, with 897 originations. The 2nd most popular length was 15 Year, with 29 originations.
Origination Fees/Closing Costs
East Coast Capital Corp.'s average total fees were $11,464, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 416 originations.
Interest Rates
During 2019, East Coast Capital Corp.'s average interest rate for loans was 4.43%, while their most frequently originated rate bucket for loans was 4-5%, with 515 originations.
Loan Sizing
2019 saw East Coast Capital Corp. place emphasis on $200k-400k loans with 481 originations, totaling $149,195,000 in origination value.
Applicant Income
East Coast Capital Corp. lent most frequently to those with incomes in the $100k-150k range, with 306 originations. The second most popular income band? $75k-100k, with 219 originations.
Applicant Debt to Income Ratio
East Coast Capital Corp. lent most frequently to those with DTI ratios of 50-60%, with 165 originations. The next most common DTI ratio? 30-36%, with 105 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.98%
East Coast Capital Corp. has an average approval rate.
Pick Rate
Approvals leading to origination48.31%
East Coast Capital Corp. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 948 | $340,400,000 | $359,072 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 948 | $340,400,000 | $359,072 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| EAST WEST BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 25.0% |
| EAST WEST BANK | Conventional home mortgage | Closing on a mortgage | 3 | 37.5% |
| EAST WEST BANK | Conventional home mortgage | Struggling to pay mortgage | 1 | 12.5% |
| EAST WEST BANK | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 12.5% |
| EAST WEST BANK | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 12.5% |