California Coast Credit Union Mortgage Rates, Fees & Info
San Diego, CALEI: 549300O1ESL3X18LPG95
Tax ID: 95-1185803
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Mortgage Data
Review & Overview
California Coast Credit Union is a smaller credit union specializing in Home Improvement and Cash Out Refi loans. California Coast Credit Union has an average proportion of conventional loans. Their top markets by origination volume include: San Diego, Riverside, Los Angeles, San Francisco, and Sacramento among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)California Coast Credit Union has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. California Coast Credit Union is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.93% | 4/5/25 |
| 30 Year Conventional Purchase | 7.55% | 4/5/25 |
| 30 Year Conventional Refi | 6.81% | 4/5/25 |
| 30 Year Cash-out Refi | 7.09% | 4/5/25 |
| 15 Year Conventional Purchase | 7.75% | 4/5/25 |
| 15 Year Conventional Refi | 6.02% | 4/5/25 |
| 15 Year Cash-out Refi | 6.02% | 4/5/25 |
| 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. | ||
California Coast Credit Union Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,920Origination Dollar Volume (All Markets)
$268,620,000Awards
California Coast Credit Union - 2024
California Coast Credit Union is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
California Coast Credit Union's average 30 year fixed mortgage rate was
6.84%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.29%.
Relative Fees (Closing Costs)
California Coast Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,734.
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 |
|---|---|---|---|---|---|
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1,460 | $210,540,000 | $144,205 | $232 | 7.74% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 327 | $36,755,000 | $112,401 | $349 | 7.71% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 64 | $11,260,000 | $175,938 | $429 | 8.05% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 13 | $2,685,000 | $206,538 | $3,814 | 7.92% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 11 | $1,635,000 | $148,636 | $0 | 8.48% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 7 | $1,195,000 | $170,714 | $0 | 7.79% |
| EL CENTRO, CA (FHA|USDA|VA) | 6 | $660,000 | $110,000 | $344 | 7.73% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 8.92% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $0 | 8.92% |
| Red Bluff, CA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 9.25% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 7.75% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 7.81% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 4 | $280,000 | $70,000 | $0 | 8.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 9.50% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $0 | 7.75% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 8.38% |
| Outside of Metro Areas | 3 | $205,000 | $68,333 | $0 | 7.83% |
| NAPA, CA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 7.75% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.88% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.88% |
| CHICO, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 9.50% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against California Coast Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,312 | $198,510,000 | $151,303 | n/a | 7.90% |
| Conventional | 608 | $70,110,000 | $115,313 | $267 | 7.47% |
For 2024, California Coast Credit Union's most frequently originated type of loan was HELOC, with 1,312 originations. Their 2nd most popular type was Conventional, with 608 originations.
Loan Reason
For 2024, California Coast Credit Union's most frequently cited loan purpose was Home Improvement, with 1,256 originations. The 2nd most popular reason was Cash Out Refi, with 633 originations.
Loan Duration/Length
For 2024, California Coast Credit Union's most frequently cited loan duration was Other, with 1,313 originations. The 2nd most popular length was 20 Year, with 211 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 593 | $65,275,000 | $110,076 |
| $4k-5k | 8 | $2,460,000 | $307,500 |
| $3k-4k | 4 | $1,710,000 | $427,500 |
| $1k-2k | 3 | $665,000 | $221,667 |
California Coast Credit Union's average total fees were $5,734, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 593 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 1,550 | $221,310,000 | $142,781 |
| 6-7% | 188 | $22,250,000 | $118,351 |
| Over 8% | 170 | $23,330,000 | $137,235 |
| 5-6% | 11 | $1,715,000 | $155,909 |
| <2.5% | 1 | $15,000 | $15,000 |
During 2024, California Coast Credit Union's average interest rate for loans was 6.84%, while their most frequently originated rate bucket for loans was 7-8%, with 1,550 originations.
Loan Sizing
2024 saw California Coast Credit Union place emphasis on $100k-200k loans with 738 originations, totaling $98,880,000 in origination value.
Applicant Income
California Coast Credit Union lent most frequently to those with incomes in the $150k-250k range, with 706 originations. The second most popular income band? $100k-150k, with 514 originations.
Applicant Debt to Income Ratio
California Coast Credit Union lent most frequently to those with DTI ratios of 20-30%, with 332 originations. The next most common DTI ratio? 30-36%, with 281 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.95%
California Coast Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination90.47%
California Coast Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,920 | $268,620,000 | $139,906 |