Coastal Funding Slc at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
97th0.0% deniedPricingmedian rate spread over APOR, weight 30%
48th0.28 ptsProcesswithdrawn + incomplete share, weight 15%
33rd15.5%Closing coststotal loan costs ÷ loan amount, weight 10%
83rd1.05% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 242 | 178 | 0.4% | 0.6% | 6.88% | $86M |
| 2024 | 369 | 303 | 0.3% | 0.3% | 6.88% | $174M |
| 2025 | 361 | 303 | 0.0% | 0.0% | 6.75% | $181M |
What Coastal Funding Slc 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, 7 manufactured homes, 74 investment properties.
Who gets approved at Coastal Funding Slc
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 38 | 32 | 0.0% |
| $100k – $150k | 73 | 57 | 0.0% |
| $150k – $250k | 114 | 98 | 0.0% |
| Over $250k | 117 | 102 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 62 | 49 | 0.0% |
| 35–44 | 88 | 78 | 0.0% |
| 45–54 | 90 | 78 | 0.0% |
| 55–64 | 62 | 51 | 0.0% |
| 65–74 | 35 | 29 | 0.0% |
Where Coastal Funding Slc lends
2 states and 26 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 360 | 302 | 0.0% | 6.75% | #299 |
Frequently asked questions
Coastal Funding Slc denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The median interest rate on loans Coastal Funding Slc originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.28 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 64% of its applications were for home purchases, 36% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 86% conventional, 9% FHA, 4% 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.