COASTAL1 Credit Union closing costs and rates (2024)
In 2024, COASTAL1 Credit Union originated 137 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $3,755. That is $2,986 below the national median of $6,741. COASTAL1 Credit Union is most active in Rhode Island with 111 originations there.
Purchase Originations
137
Median Total Costs
$3,755
−44.3% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$750
Median Lender Credits
$5
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 137 | 6.500% | $3,755 | $750 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Rhode Island | 111 | 6.500% | $3,708 | #22 |
| Massachusetts | 23 | 6.625% | $4,288 | — |
| Connecticut | 1 | 6.250% | $3,298 | — |
| Florida | 1 | 6.750% | $3,590 | — |
| New Hampshire | 1 | 6.125% | $2,855 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,855 | 6.125% | — | 1 | −$900 | |
| 2 | $3,268 | 6.000% | — | 1 | −$487 | |
| 3 | $3,298 | 6.250% | — | 1 | −$457 | |
| 4 | $3,446 | 6.875% | — | 2 | −$309 | |
| 5 | $3,490 | 6.375% | — | 9 | −$265 | |
| 6 | $3,491 | 6.625% | — | 25 | −$264 | |
| 7 | $3,590 | 6.750% | — | 1 | −$165 | |
| 8 | $3,805 | 6.500% | — | 73 | +$50 | |
| 9 | $4,288 | 6.375% | — | 13 | +$533 | |
| 10 | $4,470 | 6.875% | — | 3 | +$715 | |
| 11 | $5,121 | 6.875% | — | 5 | +$1,366 | |
| 12 | $5,150 | 6.125% | — | 1 | +$1,395 | |
| 13 | $6,667 | 5.875% | — | 1 | +$2,912 | |
| 14 | $9,636 | 6.875% | — | 1 | +$5,881 |
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.