Coast One Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
58th7.9% deniedPricingmedian rate spread over APOR, weight 30%
32nd0.45 ptsProcesswithdrawn + incomplete share, weight 15%
7th28.6%Closing coststotal loan costs ÷ loan amount, weight 10%
30th2.47% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 432 | 269 | 8.1% | 11.5% | 7.00% | $64M |
| 2024 | 293 | 201 | 5.5% | 7.3% | 6.99% | $50M |
| 2025 | 301 | 194 | 5.7% | 7.9% | 6.75% | $51M |
What Coast One Mortgage lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 25 investment properties.
Why Coast One Mortgage denies applications
Primary reason reported for each of the 17 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Coast One Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 25 | 10 | 21.4% |
| $50k – $100k | 127 | 88 | 7.2% |
| $100k – $150k | 75 | 55 | 6.8% |
| $150k – $250k | 39 | 20 | 13.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 81 | 53 | 5.2% |
| 35–44 | 66 | 39 | 14.9% |
| 45–54 | 37 | 30 | 3.2% |
| 55–64 | 56 | 36 | 10.0% |
| 65–74 | 35 | 18 | 0.0% |
Where Coast One Mortgage lends
7 states and 63 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 143 | 97 | 4.9% | 6.75% | #280 |
| Florida | 111 | 70 | 5.4% | 6.75% | #464 |
| Michigan | 30 | 15 | 10.0% | 6.63% | #386 |
| New Mexico | 8 | 5 | 12.5% | 6.99% | #274 |
| Illinois | 6 | 5 | 0.0% | 6.50% | #741 |
Frequently asked questions
Coast One Mortgage denied 7.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 58th percentile of small mortgage lenders.
The most common reason Coast One Mortgage gave in 2025 was "debt-to-income ratio", cited on 64.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Coast One Mortgage originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.45 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 83% of its applications were for home purchases, 17% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 68% conventional, 22% FHA, 9% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.