Lender profile · HMDA 2023–2025
COASTAL Federal Credit Union mortgage approval rates & lending data
COASTAL Federal Credit Union decided 8,681 mortgage applications and funded 6,019 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 1,502 / 1,651 | 96% | $385K | 1,439 |
| Home improvement loans | 74% | 3,400 / 4,570 | 85% | $95K | 2,881 |
| Cash-out refinance | 80% | 172 / 214 | 100% | $285K | 172 |
| Refinance | 76% | 1,509 / 1,980 | 87% | $145K | 1,311 |
| Investment property purchase | 94% | 167 / 178 | 99% | $265K | 165 |
| Investment cash-out refinance | 83% | 30 / 36 | 100% | $255K | 30 |
| Investment home improvement | 15% | 5 / 33 | 100% | $55K | 5 |
COASTAL Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 79% | $145K | 8,518 | 5,953 |
| South Carolina | 71% | $175K | 91 | 51 |
| Virginia | 65% | $375K | 26 | 15 |
| Florida | 0% | — | 9 | 0 |
| Rhode Island | 0% | — | 8 | 0 |
| California | 0% | — | 5 | 0 |
| Georgia | 0% | — | 5 | 0 |
| Massachusetts | 0% | — | 3 | 0 |
| Alabama | 0% | — | 2 | 0 |
| Tennessee | 0% | — | 2 | 0 |
| Texas | 0% | — | 2 | 0 |
| Colorado | 0% | — | 1 | 0 |
| Connecticut | 0% | — | 1 | 0 |
| Illinois | 0% | — | 1 | 0 |
| Louisiana | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.