Coast One Mortgage, LLC Mortgage Lending & HMDA Data, 2024

In 2024, Coast One Mortgage, LLC of Fort Washington, PA reported 299 mortgage applications totaling $75.6 million, down 35% from 2023. The average application was for $252,792, and applicants reported an average income of $130,183. 67% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Cleveland, OH (66), Jacksonville, FL (27) and Akron, OH (21) (applications in parentheses).

Mortgage Company & Address Coast One Mortgage, LLC

Fort Washington, PA 19034
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  
Total Number of Mortgage Applications 299
Total Mortgage Loan Application Amount $75,585,000
Average Mortgage Loan Application Amount $252,792
Highest Mortgage Loan Application Amount $1,475,000
Average Applicant Income $130,183
Highest Applicant Income $4,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Coast One Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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Mortgage Loan Application Detail Totals for Coast One Mortgage, LLC in 2024

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 258 $64,320,000 $249,000 $1,475,000 $136,000 $4,500,000
Cash-out Refinancing 28 $7,000,000 $250,000 $1,005,000 $92,000 $347,000
Refinancing 13 $4,265,000 $328,000 $665,000 $97,000 $321,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 247 $62,295,000 $252,000 $1,475,000 $131,000 $4,500,000
Not Provided 19 $5,525,000 $290,000 $635,000 $170,000 $579,000
Black or African American 18 $3,820,000 $212,000 $475,000 $86,000 $193,000
Asian 8 $2,490,000 $311,000 $525,000 $168,000 $270,000
Hispanic 7 $1,455,000 $207,000 $345,000 $73,000 $112,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 231 $59,055,000 $255,000 $1,475,000 $145,000 $4,500,000
FHA-insured (Federal Housing Administration) 44 $10,120,000 $230,000 $505,000 $86,000 $214,000
VA-guaranteed (Veterans Administration) 23 $6,235,000 $271,000 $395,000 $65,000 $183,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $175,000 $175,000 $175,000 $105,000 $105,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 201 $50,335,000 $250,000 $1,475,000 $146,000 $4,500,000
Application Withdrawn By Applicant 72 $18,820,000 $261,000 $1,005,000 $109,000 $555,000
Application Denied By Financial Institution 16 $3,950,000 $246,000 $455,000 $64,000 $119,000
Preapproval Denied by Financial Institution 6 $1,690,000 $281,000 $355,000 $68,000 $139,000
Application Approved But Not Accepted 2 $430,000 $215,000 $265,000 $38,000 $77,000
File Closed For Incompleteness 2 $360,000 $180,000 $215,000 $53,000 $107,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 277 $69,945,000 $252,000 $1,475,000 $135,000 $4,500,000
Debt-To-Income Ratio 10 $2,790,000 $279,000 $455,000 $71,000 $139,000
Other 5 $1,355,000 $271,000 $365,000 $71,000 $119,000
Collateral 3 $685,000 $228,000 $425,000 $41,000 $52,000
Credit History 3 $645,000 $215,000 $265,000 $51,000 $71,000
Employment History 1 $165,000 $165,000 $165,000 $68,000 $68,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Coast One Mortgage, LLC's 2024 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Coast One Mortgage, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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