California Coast Credit Union Mortgage Rates, Fees & Info

San Diego, CA

LEI: 549300O1ESL3X18LPG95

Tax ID: 95-1185803

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Mortgage Data

Review & Overview

California Coast Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. California Coast Credit Union has a high 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 15 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 a below 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.

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
Home Equity Line of Credit (HELOC) 5.88% 3/24/24
30 Year Conventional Purchase 6.05% 3/24/24
30 Year Conventional Refi 5.70% 3/24/24
30 Year Cash-out Refi 6.00% 3/24/24
15 Year Conventional Purchase 6.61% 3/24/24
15 Year Conventional Refi 5.51% 3/24/24
15 Year Cash-out Refi 5.51% 3/24/24
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.

California Coast Credit Union Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from California Coast Credit Union. 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

1,361

Origination Dollar Volume (All Markets)

$270,585,000

Awards

California Coast Credit Union 30 Year Conventional Loans bronze California Coast Credit Union 30 Year Conventional Loans gold California Coast Credit Union 30 Year Conventional Loans bronze California Coast Credit Union 30 Year Conventional Loans gold
Show all (4) 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
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1,062 $208,590,000 $196,412 $2,394 4.17%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 186 $32,630,000 $175,430 $2,388 4.39%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 42 $11,800,000 $280,952 $2,798 4.64%
Outside of Metro Areas 43 $9,865,000 $229,419 $4,284 4.61%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 9 $2,885,000 $320,556 $5,449 4.25%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $2,505,000 $357,857 $3,751 3.82%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $855,000 $855,000 $0 3.75%
VALLEJO, CA (FHA|USDA|VA) 2 $540,000 $270,000 $3,677 4.56%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $295,000 $98,333 $0 4.82%
EL CENTRO, CA (FHA|USDA|VA) 1 $195,000 $195,000 $4,426 3.38%
MERCED, CA (FHA|USDA|VA) 1 $175,000 $175,000 $5,209 4.63%
REDDING, CA (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
FRESNO, CA (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.98%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.63%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.00%
California Coast Credit Union's top markets include San Diego, Riverside, Los Angeles, San Francisco, and Sacramento among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • 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
    Conventional 692 $193,110,000 $279,061 $2,488 4.19%
    HELOC 669 $77,475,000 $115,807 n/a 4.28%

    For 2019, California Coast Credit Union's most frequently originated type of loan was Conventional, with 692 originations. Their 2nd most popular type was HELOC, with 669 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 786 $140,800,000 $179,135 $2,209 4.22%
    Other 329 $35,675,000 $108,435 $25 4.71%
    Refi 167 $59,065,000 $353,683 $2,689 3.52%
    Home Purchase 79 $35,045,000 $443,608 $5,475 3.94%

    For 2019, California Coast Credit Union's most frequently cited loan purpose was Cash Out Refi, with 786 originations. The 2nd most popular reason was Other, with 329 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 692 $80,930,000 $116,951 $0 4.24%
    30 Year 346 $135,430,000 $391,416 $4,032 3.85%
    10 Year 168 $22,460,000 $133,690 $24 4.72%
    15 Year 91 $18,325,000 $201,374 $2,065 4.70%
    20 Year 48 $11,760,000 $245,000 $2,465 4.87%
    5 Year 16 $1,680,000 $105,000 $87 2.72%

    For 2019, California Coast Credit Union's most frequently cited loan duration was Other, with 692 originations. The 2nd most popular length was 30 Year, with 346 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 539 $131,415,000 $243,813
    $1k-2k 51 $16,055,000 $314,804
    $2k-3k 30 $9,960,000 $332,000
    $3k-4k 29 $10,365,000 $357,414
    $5k+ 23 $12,365,000 $537,609
    $4k-5k 14 $5,450,000 $389,286

    California Coast Credit Union's average total fees were $4,032, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 539 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,007 $208,365,000 $206,917
    6-7% 131 $11,505,000 $87,824
    4-5% 101 $34,595,000 $342,525
    5-6% 67 $6,855,000 $102,313
    2.5-3% 39 $8,385,000 $215,000
    7-8% 14 $840,000 $60,000
    Over 8% 2 $40,000 $20,000

    During 2019, California Coast Credit Union's average interest rate for loans was 3.85%, while their most frequently originated rate bucket for loans was 3-4%, with 1,007 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 501 $27,575,000 $55,040 $93 4.67%
    $200k-400k 375 $103,335,000 $275,560 $3,455 3.96%
    $100k-200k 320 $43,710,000 $136,594 $1,291 4.14%
    $400k-600k 115 $55,155,000 $479,609 $4,163 3.79%
    $600k-1MM 46 $34,440,000 $748,696 $4,830 3.53%
    $1MM+ 4 $6,370,000 $1,592,500 $3,606 3.91%

    2019 saw California Coast Credit Union place emphasis on $100,000 or less loans with 501 originations, totaling $27,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 382 $65,260,000 $170,838 $2,180 4.35%
    $150k-250k 326 $77,400,000 $237,423 $2,699 4.26%
    $75k-100k 257 $44,315,000 $172,432 $2,587 4.15%
    $50k-75k 161 $23,755,000 $147,547 $1,999 4.19%
    $250k+ 142 $46,730,000 $329,085 $3,375 4.18%
    $50k or less 88 $11,520,000 $130,909 $2,215 4.10%

    California Coast Credit Union lent most frequently to those with incomes in the $100k-150k range, with 382 originations. The second most popular income band? $150k-250k, with 326 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 328 $57,180,000 $174,329 $1,860 4.20%
    20-30% 259 $57,305,000 $221,255 $2,637 4.08%
    30-36% 199 $44,485,000 $223,543 $2,693 4.08%
    >60% 53 $13,425,000 $253,302 $2,858 4.44%
    45% 50 $7,630,000 $152,600 $1,638 4.47%
    42% 44 $6,800,000 $154,545 $1,223 4.54%
    50-60% 42 $9,990,000 $237,857 $3,350 4.67%
    44% 42 $5,630,000 $134,048 $1,690 4.29%
    41% 39 $8,705,000 $223,205 $2,764 4.34%
    38% 37 $6,495,000 $175,541 $2,252 4.77%
    43% 37 $7,185,000 $194,189 $2,218 4.49%
    46% 33 $4,815,000 $145,909 $2,779 4.17%
    40% 33 $8,715,000 $264,091 $3,070 4.08%
    47% 33 $5,565,000 $168,636 $3,201 4.09%
    37% 32 $8,080,000 $252,500 $3,397 4.16%
    36% 31 $6,605,000 $213,065 $2,783 4.46%
    39% 27 $4,955,000 $183,519 $2,583 4.24%
    48% 25 $4,485,000 $179,400 $3,097 4.24%
    49% 15 $2,405,000 $160,333 $1,865 4.28%

    California Coast Credit Union lent most frequently to those with DTI ratios of <20%, with 328 originations. The next most common DTI ratio? 20-30%, with 259 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 982 $186,060,000 $189,470 $2,469 4.21%
    Not provided 185 $36,155,000 $195,432 $2,646 4.36%
    Asian 87 $17,525,000 $201,437 $2,293 4.23%
    Black 43 $10,255,000 $238,488 $2,779 4.17%
    Not applicable 7 $7,575,000 $1,082,143 $0 3.96%
    American Indian 23 $3,565,000 $155,000 $975 4.27%
    Filipino 12 $2,430,000 $202,500 $2,902 4.46%
    Native Hawaiian or Islander 6 $1,340,000 $223,333 $3,661 3.75%
    Vietnamese 2 $1,300,000 $650,000 $3,313 3.63%
    Asian Indian 2 $1,250,000 $625,000 $4,166 3.75%
    Chinese 4 $1,160,000 $290,000 $3,215 5.63%
    Other Asian 5 $1,085,000 $217,000 $1,489 3.76%
    Other Pacific Islander 1 $475,000 $475,000 $2,646 4.13%
    Japanese 2 $410,000 $205,000 $2,969 5.00%

    Approval Rates

    Total approvals of all applications
    81.31%

    California Coast Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    70.32%

    California Coast Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,361 $270,585,000 $198,813

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $7,500,000 $1,250,000
    Single Family (1-4 Units):Site-Built 1,355 $263,085,000 $194,159

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 295 $56,045,000 $189,983 $1,786 4.08%
    40-60% 187 $61,155,000 $327,032 $3,017 3.89%
    60-80% 203 $87,545,000 $431,256 $4,241 3.90%
    80-100% 45 $18,935,000 $420,778 $4,475 3.90%
    Over 100% 2 $910,000 $455,000 $4,879 3.50%
    Under 20% 629 $45,995,000 $73,124 $182 4.54%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Caliber Home Loans, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 15 5.0%
    Caliber Home Loans, Inc. Conventional home mortgage Closing on a mortgage 17 5.7%
    Caliber Home Loans, Inc. Conventional home mortgage Incorrect information on your report 7 2.3%
    Caliber Home Loans, Inc. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.3%
    Caliber Home Loans, Inc. Conventional home mortgage Struggling to pay mortgage 58 19.4%
    Caliber Home Loans, Inc. Conventional home mortgage Trouble during payment process 72 24.1%
    Caliber Home Loans, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 5 1.7%
    Caliber Home Loans, Inc. FHA mortgage Closing on a mortgage 3 1.0%
    Caliber Home Loans, Inc. FHA mortgage Improper use of your report 1 0.3%
    Caliber Home Loans, Inc. FHA mortgage Incorrect information on your report 3 1.0%
    Caliber Home Loans, Inc. FHA mortgage Problem with a credit reporting company's investigation into an existing problem 2 0.7%
    Caliber Home Loans, Inc. FHA mortgage Struggling to pay mortgage 24 8.0%
    Caliber Home Loans, Inc. FHA mortgage Trouble during payment process 29 9.7%
    Caliber Home Loans, Inc. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 0.3%
    Caliber Home Loans, Inc. Home equity loan or line of credit (HELOC) Closing on a mortgage 1 0.3%
    Caliber Home Loans, Inc. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 3 1.0%
    Caliber Home Loans, Inc. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.3%
    Caliber Home Loans, Inc. Other type of mortgage Closing on a mortgage 5 1.7%
    Caliber Home Loans, Inc. Other type of mortgage Struggling to pay mortgage 9 3.0%
    Caliber Home Loans, Inc. Other type of mortgage Trouble during payment process 7 2.3%
    Caliber Home Loans, Inc. VA mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.0%
    Caliber Home Loans, Inc. VA mortgage Closing on a mortgage 7 2.3%
    Caliber Home Loans, Inc. VA mortgage Incorrect information on your report 2 0.7%
    Caliber Home Loans, Inc. VA mortgage Struggling to pay mortgage 6 2.0%
    Caliber Home Loans, Inc. VA mortgage Trouble during payment process 17 5.7%