# COASTAL Federal Credit Union

> **Canonical URL:** https://saferate.com/lenders/coastal-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


COASTAL Federal Credit Union is a credit union, headquartered in Raleigh, NC, serving borrowers across 3 states, with 594 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 59% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300MRP46SVQMWOE81
- **Headquarters:** Raleigh, NC
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** NC, SC, VA
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.211%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,970
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 594
- **Dollar Volume:** $250 million
- **Applications Received:** 872
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $420,303
- **Average Borrower Income:** $190,362
- **Average Property Value:** $574,832

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 540 | +0.213% | $2,003 | Strong 😀 |
| Jumbo | 76/100 | 54 | +0.165% | $1,165 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 425 loans, Score: 59/100 (Sound)
- Refinance: 115 loans, Score: 64/100 (Strong)

**Jumbo:**
- Purchase: 24 loans, Score: 71/100 (Strong)
- Refinance: 30 loans, Score: 81/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 58/100 | 449 | $176M | +0.228% | Sound ☺️ |
| Refinance | 65/100 | 145 | $73M | +0.097% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 579 | 0.39% | 80/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Raleigh | NC | 303 | 88/100 |
| Non |  | 95 | 52/100 |
| Durham | NC | 61 | 72/100 |
| Wilmington, NC | NC | 42 | 66/100 |
| Charlotte | NC-SC | 24 | 51/100 |
| Rocky Mount, NC | NC | 11 | 48/100 |

## Where This Lender Ranks

COASTAL Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Raleigh Credit Unions
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Raleigh for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in North Carolina for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Raleigh for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Durham Credit Unions
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Durham for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Durham for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Wilmington, NC for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Rocky Mount, NC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/rocky-mount-nc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in North Carolina Credit Unions
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Wilmington, NC Credit Unions
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Wilmington, NC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in North Carolina for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#12** in Raleigh for Jumbo Loans
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders/jumbo-loans)
- 🏆 **#13** in Raleigh
  - [View Full Rankings](https://saferate.com/raleigh/best-mortgage-lenders)
- 🏆 **#15** in Durham for Jumbo Loans
  - [View Full Rankings](https://saferate.com/durham/best-mortgage-lenders/jumbo-loans)
- 🏆 **#17** in North Carolina for Jumbo Loans
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/jumbo-loans)
- 🏆 **#17** in Wilmington, NC for Jumbo Loans
  - [View Full Rankings](https://saferate.com/wilmington-nc/best-mortgage-lenders/jumbo-loans)
- 🏆 **#18** in Rocky Mount, NC for Conventional Loans
  - [View Full Rankings](https://saferate.com/rocky-mount-nc/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does COASTAL Federal Credit Union offer?

COASTAL Federal Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does COASTAL Federal Credit Union offer mortgages?

COASTAL Federal Credit Union offers mortgages in 3 states: NC, SC, VA.

### How competitive are COASTAL Federal Credit Union's mortgage rates?

COASTAL Federal Credit Union has a pricing score of 41/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.211% above market average.

### What type of lender is COASTAL Federal Credit Union?

COASTAL Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Raleigh, NC.

### What is COASTAL Federal Credit Union's loan approval success rate?

COASTAL Federal Credit Union has a pull-through score of 60/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/coastal-federal-credit-union

### How to Cite

> "COASTAL Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/coastal-federal-credit-union

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