COASTAL Federal Credit Union closing costs and rates (2024)
In 2024, COASTAL Federal Credit Union originated 380 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $4,417. That is $2,324 below the national median of $6,741. COASTAL Federal Credit Union is most active in North Carolina with 371 originations there.
Purchase Originations
380
Median Total Costs
$4,417
−34.5% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$1,970
Median Lender Credits
$364
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 380 | 6.875% | $4,417 | $1,970 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| North Carolina | 371 | 6.875% | $4,426 | #59 |
| South Carolina | 6 | 6.938% | $4,305 | — |
| Virginia | 3 | 6.875% | $4,204 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,499 | 7.000% | — | 5 | −$918 | |
| 2 | $3,610 | 6.750% | — | 4 | −$807 | |
| 3 | $3,624 | 7.000% | — | 6 | −$793 | |
| 4 | $3,858 | 6.750% | — | 14 | −$559 | |
| 5 | $3,923 | 6.812% | — | 6 | −$494 | |
| 6 | $3,927 | 7.000% | — | 5 | −$490 | |
| 7 | $4,029 | 6.438% | — | 4 | −$388 | |
| 8 | $4,032 | 6.438% | — | 4 | −$385 | |
| 9 | $4,138 | 6.625% | — | 8 | −$279 | |
| 10 | $4,194 | 6.750% | — | 5 | −$223 | |
| 11 | $4,208 | 7.062% | — | 6 | −$209 | |
| 12 | $4,481 | 6.875% | — | 179 | +$64 | |
| 13 | $4,545 | 6.750% | — | 29 | +$128 | |
| 14 | $4,579 | 6.625% | — | 5 | +$162 | |
| 15 | $4,782 | 6.938% | — | 28 | +$365 | |
| 16 | $5,022 | 7.188% | — | 4 | +$605 | |
| 17 | $5,139 | 6.625% | — | 7 | +$722 | |
| 18 | $5,178 | 7.125% | — | 5 | +$761 | |
| 19 | $5,207 | 7.062% | — | 6 | +$790 | |
| 20 | $7,555 | 6.562% | — | 4 | +$3,138 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.