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Coastal Funding Slc, Inc.

Independent Mortgage CompanySAN LUIS OBISPO, CADirect to Consumer

Coastal Funding Slc has 294 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Acceptable
vs. all lenders
Pull Through
Exceptional
closing strength
Products
Strong
FHA · Conventional · VA · Jumbo
Place
Strong
Regional · 4 mkts

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Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA and Jumbo loans

Things to Think About

  • Pricing may be below industry average

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Report Card

Coastal Funding Slc, Inc. performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Acceptable
Near industry average
+33.2 bps above market avg
Pull Through
Closing strength
Exceptional
Market Leader
Top 20% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Highly Competitive
Top 40% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
VA
Sound
Industry Standard
Top 60% of lenders
Jumbo
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Sound
Industry Standard
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Regional4 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Acceptable
Exceptional
23780.6%
+0.314%Above
$3,843Fees
FHA Loans
Sound
Strong
Acceptable
Exceptional
289.5%
+0.605%Above
$3,796Fees
VA Loans
Sound
Sound
Strong
175.8%
-0.285%Below
$3,359Fees
Jumbo Loans
Strong
Strong
124.1%
+0.705%Above
$4,464Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Exceptional
25285.7%
+0.350%Above
$3,764Fees
Refinance
Acceptable
Sound
Mediocre
Strong
4214.3%
+0.190%Above
$4,334Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
294
Applications
354
Volume
$167 million
Pricing & Closing
Avg Rate Spread
+0.332%
vs. market APOR
Avg Net Fees
$3,829
Origination − Credits
Pullthrough Rate
83.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$570,170
Avg Borrower Income
$252,551
Avg Property Value
$875,000

Geographic Coverage

Geographic Performance

Metro Areas
4
States Served
3
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

CACOOR

Top Metro Areas by Place Specialization Score

1
San Luis Obispo, CAMSA
Volume: 177Mix: 60.20%of portfolio
Place
Exceptional
2
Santa Maria, CAMSA
Volume: 40Mix: 13.61%of portfolio
Place
Strong
3
Visalia, CA, CAMSA
Volume: 23Mix: 7.82%of portfolio
Place
Sound
4
Oxnard, CAMSA
Volume: 12Mix: 4.08%of portfolio
Place
Sound

Top States by Place Specialization Score

1
CAState
Volume: 292Mix: 99.32%of portfolio
Place
Strong

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.