Coastal Federal Credit Union Mortgage Lending & HMDA Data, 2025

In 2025, Coastal Federal Credit Union of Raleigh, NC reported 5,340 mortgage applications totaling $978.8 million, up 4% from 2024. The average application was for $183,286, and applicants reported an average income of $156,390. 60% of its applications resulted in an originated loan and 27% were denied. Its largest markets were Raleigh, NC (3,153), Durham-Chapel Hill, NC (718) and Charlotte-Concord-Gastonia, NC-SC (276) (applications in parentheses).

Mortgage Company & Address Coastal Federal Credit Union
Po Box 99167
Raleigh, NC 27690
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 5,340
Total Mortgage Loan Application Amount $978,750,000
Average Mortgage Loan Application Amount $183,286
Highest Mortgage Loan Application Amount $19,855,000
Average Applicant Income $156,390
Highest Applicant Income $3,600,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Coastal Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Coastal Federal Credit Union by County in 2025

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Wake, North Carolina 2,589 $ 466,465,000 $ 180,171 $ 164,000
Durham, North Carolina 466 $ 75,600,000 $ 162,231 $ 138,000
Johnston, North Carolina 412 $ 51,410,000 $ 124,781 $ 118,000
Franklin, North Carolina 152 $ 25,170,000 $ 165,592 $ 140,000
Orange, North Carolina 138 $ 27,570,000 $ 199,782 $ 177,000
Mecklenburg, North Carolina 129 $ 25,665,000 $ 198,953 $ 166,000
Harnett, North Carolina 114 $ 20,790,000 $ 182,368 $ 120,000
Chatham, North Carolina 93 $ 24,155,000 $ 259,731 $ 206,000
Nash, North Carolina 83 $ 9,405,000 $ 113,313 $ 108,000
Granville, North Carolina 75 $ 14,035,000 $ 187,133 $ 146,000
Alamance, North Carolina 74 $ 11,920,000 $ 161,081 $ 118,000
New Hanover, North Carolina 68 $ 21,160,000 $ 311,176 $ 188,000
Vance, North Carolina 51 $ 5,275,000 $ 103,431 $ 112,000
Brunswick, North Carolina 49 $ 22,215,000 $ 453,367 $ 258,000
Guilford, North Carolina 46 $ 6,410,000 $ 139,347 $ 149,000
Cabarrus, North Carolina 41 $ 5,265,000 $ 128,414 $ 161,000
Cumberland, North Carolina 34 $ 5,720,000 $ 168,235 $ 105,000
Wilson, North Carolina 31 $ 3,985,000 $ 128,548 $ 112,000
Lee, North Carolina 30 $ 5,060,000 $ 168,666 $ 118,000
Union, North Carolina 29 $ 6,605,000 $ 227,758 $ 156,000
Forsyth, North Carolina 28 $ 3,560,000 $ 127,142 $ 137,000
Carteret, North Carolina 27 $ 12,215,000 $ 452,407 $ 257,000
Buncombe, North Carolina 23 $ 4,335,000 $ 188,478 $ 147,000
Iredell, North Carolina 22 $ 5,590,000 $ 254,090 $ 154,000
Person, North Carolina 21 $ 2,955,000 $ 140,714 $ 139,000
Wayne, North Carolina 20 $ 6,160,000 $ 308,000 $ 185,000
Davidson, North Carolina 17 $ 2,105,000 $ 123,823 $ 141,000
Gaston, North Carolina 16 $ 5,080,000 $ 317,500 $ 114,000
Moore, North Carolina 16 $ 1,930,000 $ 120,625 $ 183,000
Onslow, North Carolina 16 $ 2,000,000 $ 125,000 $ 106,000
Pender, North Carolina 16 $ 3,760,000 $ 235,000 $ 173,000
Edgecombe, North Carolina 15 $ 1,125,000 $ 75,000 $ 72,000
Pitt, North Carolina 15 $ 2,465,000 $ 164,333 $ 141,000
Halifax, North Carolina 13 $ 2,735,000 $ 210,384 $ 197,000
Randolph, North Carolina 12 $ 2,690,000 $ 224,166 $ 124,000
Horry, South Carolina 12 $ 2,370,000 $ 197,500 $ 150,000
Catawba, North Carolina 11 $ 1,825,000 $ 165,909 $ 232,000
Lancaster, South Carolina 10 $ 1,550,000 $ 155,000 $ 214,000
Caldwell, North Carolina 9 $ 2,225,000 $ 247,222 $ 160,000
Dare, North Carolina 9 $ 4,045,000 $ 449,444 $ 400,000
Lincoln, North Carolina 9 $ 1,375,000 $ 152,777 $ 210,000
Warren, North Carolina 9 $ 1,315,000 $ 146,111 $ 142,000
Watauga, North Carolina 9 $ 3,795,000 $ 421,666 $ 311,000
York, South Carolina 9 $ 1,325,000 $ 147,222 $ 161,000
Stanly, North Carolina 8 $ 1,290,000 $ 161,250 $ 95,000
Ashe, North Carolina 7 $ 1,955,000 $ 279,285 $ 205,000
Craven, North Carolina 7 $ 705,000 $ 100,714 $ 111,000
Rowan, North Carolina 7 $ 785,000 $ 112,142 $ 142,000
Sampson, North Carolina 7 $ 825,000 $ 117,857 $ 113,000
Burke, North Carolina 6 $ 730,000 $ 121,666 $ 186,000
Henderson, North Carolina 6 $ 3,180,000 $ 530,000 $ 554,000
Lenoir, North Carolina 6 $ 790,000 $ 131,666 $ 147,000
Beaufort, North Carolina 5 $ 1,155,000 $ 231,000 $ 202,000
Cleveland, North Carolina 5 $ 705,000 $ 141,000 $ 128,000
Pamlico, North Carolina 5 $ 1,305,000 $ 261,000 $ 233,000
Richmond, North Carolina 5 $ 695,000 $ 139,000 $ 108,000
Rockingham, North Carolina 5 $ 1,025,000 $ 205,000 $ 120,000
Providence, Rhode Island 5 $ 865,000 $ 173,000 $ 95,000
Haywood, North Carolina 4 $ 480,000 $ 120,000 $ 90,000
Hoke, North Carolina 4 $ 220,000 $ 55,000 $ 121,000
Madison, North Carolina 4 $ 620,000 $ 155,000 $ 133,000
Montgomery, North Carolina 4 $ 720,000 $ 180,000 $ 256,000
Rutherford, North Carolina 4 $ 640,000 $ 160,000 $ 73,000
Richland, South Carolina 4 $ 370,000 $ 92,500 $ 151,000
Avery, North Carolina 3 $ 695,000 $ 231,666 $ 233,000
Caswell, North Carolina 3 $ 165,000 $ 55,000 $ 166,000
Columbus, North Carolina 3 $ 115,000 $ 38,333 $ 98,000
Northampton, North Carolina 3 $ 115,000 $ 38,333 $ 40,000
Stokes, North Carolina 3 $ 205,000 $ 68,333 $ 96,000
Transylvania, North Carolina 3 $ 425,000 $ 141,666 $ 192,000
Cherokee, South Carolina 3 $ 495,000 $ 165,000 $ 91,000
Florence, South Carolina 3 $ 385,000 $ 128,333 $ 111,000
Chesterfield, Virginia 3 $ 385,000 $ 128,333 $ 167,000
Fairfax, Virginia 3 $ 1,295,000 $ 431,666 $ 222,000
Franklin, Virginia 3 $ 945,000 $ 315,000 $ 271,000
Santa Clara, California 2 $ 360,000 $ 180,000 $ 302,000
Lee, Florida 2 $ 100,000 $ 50,000 $ 102,000
Seminole, Florida 2 $ 100,000 $ 50,000 $ 150,000
St. Lucie, Florida 2 $ 130,000 $ 65,000 $ 242,000
Dakota, Minnesota 2 $ 190,000 $ 95,000 $ 110,000
Alleghany, North Carolina 2 $ 570,000 $ 285,000 $ 111,000
Anson, North Carolina 2 $ 360,000 $ 180,000 $ 129,000
Davie, North Carolina 2 $ 150,000 $ 75,000 $ 114,000
Duplin, North Carolina 2 $ 490,000 $ 245,000 $ 94,000
Macon, North Carolina 2 $ 590,000 $ 295,000 $ 274,000
Pasquotank, North Carolina 2 $ 170,000 $ 85,000 $ 146,000
Robeson, North Carolina 2 $ 60,000 $ 30,000 $ 92,000
Surry, North Carolina 2 $ 330,000 $ 165,000 $ 190,000
Swain, North Carolina 2 $ 1,450,000 $ 725,000 $ 382,000
Yadkin, North Carolina 2 $ 510,000 $ 255,000 $ 139,000
Chester, South Carolina 2 $ 50,000 $ 25,000 $ 48,000
Dorchester, South Carolina 2 $ 100,000 $ 50,000 $ 162,000
Greenville, South Carolina 2 $ 100,000 $ 50,000 $ 44,000
Pickens, South Carolina 2 $ 790,000 $ 395,000 $ 188,000
Harris, Texas 2 $ 210,000 $ 105,000 $ 84,000
Chesapeake, Virginia 2 $ 670,000 $ 335,000 $ 276,000
Essex, Virginia 2 $ 60,000 $ 30,000 $ 56,000
Halifax, Virginia 2 $ 310,000 $ 155,000 $ 309,000
Lynchburg, Virginia 2 $ 20,000,000 $ 10,000,000 $ 50,000
Norfolk, Virginia 2 $ 290,000 $ 145,000 $ 120,000
Geneva, Alabama 1 $ 155,000 $ 155,000 $ 48,000
Madison, Alabama 1 $ 55,000 $ 55,000 $ 194,000
Fresno, California 1 $ 255,000 $ 255,000 $ 262,000
Broward, Florida 1 $ 115,000 $ 115,000 $ 283,000
Hillsborough, Florida 1 $ 45,000 $ 45,000 $ 97,000
Osceola, Florida 1 $ 145,000 $ 145,000 $ 0
Palm Beach, Florida 1 $ 255,000 $ 255,000 $ 360,000
Sumter, Florida 1 $ 35,000 $ 35,000 $ 92,000
Chatham, Georgia 1 $ 115,000 $ 115,000 $ 87,000
Douglas, Georgia 1 $ 25,000 $ 25,000 $ 91,000
Cook, Illinois 1 $ 105,000 $ 105,000 $ 105,000
Kane, Illinois 1 $ 255,000 $ 255,000 $ 236,000
Essex, Massachusetts 1 $ 45,000 $ 45,000 $ 35,000
Middlesex, Massachusetts 1 $ 35,000 $ 35,000 $ 100,000
Shiawassee, Michigan 1 $ 105,000 $ 105,000 $ 264,000
Warren, Mississippi 1 $ 105,000 $ 105,000 $ 144,000
Cape Girardeau, Missouri 1 $ 105,000 $ 105,000 $ 68,000
Passaic, New Jersey 1 $ 255,000 $ 255,000 $ 3,600,000
Columbia, New York 1 $ 255,000 $ 255,000 $ 810,000
Richmond, New York 1 $ 45,000 $ 45,000 $ 132,000
Bladen, North Carolina 1 $ 35,000 $ 35,000 $ 62,000
Camden, North Carolina 1 $ 175,000 $ 175,000 $ 188,000
Currituck, North Carolina 1 $ 165,000 $ 165,000 $ 144,000
Greene, North Carolina 1 $ 125,000 $ 125,000 $ 68,000
Jackson, North Carolina 1 $ 55,000 $ 55,000 $ 84,000
Jones, North Carolina 1 $ 405,000 $ 405,000 $ 155,000
Martin, North Carolina 1 $ 145,000 $ 145,000 $ 240,000
McDowell, North Carolina 1 $ 105,000 $ 105,000 $ 83,000
Mitchell, North Carolina 1 $ 195,000 $ 195,000 $ 207,000
Perquimans, North Carolina 1 $ 105,000 $ 105,000 $ 119,000
Scotland, North Carolina 1 $ 25,000 $ 25,000 $ 58,000
Washington, North Carolina 1 $ 75,000 $ 75,000 $ 72,000
Wilkes, North Carolina 1 $ 275,000 $ 275,000 $ 345,000
Wayne, Ohio 1 $ 105,000 $ 105,000 $ 200,000
Tulsa, Oklahoma 1 $ 85,000 $ 85,000 $ 105,000
Umatilla, Oregon 1 $ 255,000 $ 255,000 $ 144,000
Cumberland, Pennsylvania 1 $ 95,000 $ 95,000 $ 76,000
Montgomery, Pennsylvania 1 $ 25,000 $ 25,000 $ 66,000
Anderson, South Carolina 1 $ 45,000 $ 45,000 $ 78,000
Beaufort, South Carolina 1 $ 45,000 $ 45,000 $ 92,000
Charleston, South Carolina 1 $ 75,000 $ 75,000 $ 250,000
Clarendon, South Carolina 1 $ 185,000 $ 185,000 $ 73,000
Colleton, South Carolina 1 $ 185,000 $ 185,000 $ 69,000
Dillon, South Carolina 1 $ 85,000 $ 85,000 $ 90,000
Greenwood, South Carolina 1 $ 35,000 $ 35,000 $ 21,000
Spartanburg, South Carolina 1 $ 105,000 $ 105,000 $ 204,000
Montgomery, Tennessee 1 $ 105,000 $ 105,000 $ 120,000
Atascosa, Texas 1 $ 5,000 $ 5,000 $ 80,000
Collin, Texas 1 $ 255,000 $ 255,000 $ 180,000
Fort Bend, Texas 1 $ 45,000 $ 45,000 $ 60,000
Randall, Texas 1 $ 15,000 $ 15,000 $ 80,000
Albemarle, Virginia 1 $ 95,000 $ 95,000 $ 299,000
Alexandria, Virginia 1 $ 95,000 $ 95,000 $ 328,000
Carroll, Virginia 1 $ 205,000 $ 205,000 $ 125,000
Hampton, Virginia 1 $ 125,000 $ 125,000 $ 63,000
Henrico, Virginia 1 $ 375,000 $ 375,000 $ 158,000
Loudoun, Virginia 1 $ 35,000 $ 35,000 $ 264,000
Mecklenburg, Virginia 1 $ 555,000 $ 555,000 $ 580,000
Montgomery, Virginia 1 $ 35,000 $ 35,000 $ 230,000
Patrick, Virginia 1 $ 255,000 $ 255,000 $ 129,000
Prince George, Virginia 1 $ 135,000 $ 135,000 $ 193,000
Richmond City, Virginia 1 $ 395,000 $ 395,000 $ 179,000
Virginia Beach, Virginia 1 $ 65,000 $ 65,000 $ 158,000
Milwaukee, Wisconsin 1 $ 105,000 $ 105,000 $ 1,440,000

Mortgage Loan Application Detail Totals for Coastal Federal Credit Union in 2025

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 Improvement 1,834 $208,410,000 $113,000 $505,000 $148,000 $1,440,000
Other Purpose 1,658 $172,600,000 $104,000 $505,000 $141,000 $1,643,000
Refinancing 880 $176,000,000 $200,000 $19,855,000 $164,000 $3,600,000
Home Purchase 820 $366,990,000 $447,000 $5,005,000 $198,000 $1,886,000
Cash-out Refinancing 148 $54,750,000 $369,000 $2,805,000 $157,000 $873,000
Not Applicable 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 3,319 $603,295,000 $181,000 $5,005,000 $161,000 $1,886,000
Not Provided 719 $134,555,000 $187,000 $1,465,000 $168,000 $1,440,000
Black or African American 640 $77,050,000 $120,000 $1,125,000 $123,000 $3,600,000
Hispanic 332 $52,950,000 $159,000 $1,495,000 $131,000 $733,000
Asian 272 $58,980,000 $216,000 $2,005,000 $187,000 $1,643,000
American Indian or Alaskan Native 24 $2,820,000 $117,000 $315,000 $109,000 $270,000
Not applicable 24 $47,580,000 $1,982,000 $19,855,000 $0 $0
Native Hawaiian or Other Pacific Islander 10 $1,520,000 $152,000 $255,000 $139,000 $240,000

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) 5,340 $978,750,000 $183,000 $19,855,000 $156,000 $3,600,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 3,212 $666,640,000 $207,000 $19,855,000 $169,000 $1,886,000
Application Denied By Financial Institution 1,465 $178,615,000 $121,000 $1,495,000 $125,000 $3,600,000
Application Approved But Not Accepted 386 $44,260,000 $114,000 $375,000 $156,000 $740,000
Application Withdrawn By Applicant 257 $81,815,000 $318,000 $3,355,000 $178,000 $1,216,000
File Closed For Incompleteness 19 $7,175,000 $377,000 $1,385,000 $150,000 $428,000
Loan Purchased By The Institution 1 $245,000 $245,000 $245,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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 3,875 $800,135,000 $206,000 $19,855,000 $168,000 $1,886,000
Debt-To-Income Ratio 599 $80,165,000 $133,000 $665,000 $89,000 $387,000
Credit History 556 $58,120,000 $104,000 $525,000 $137,000 $1,296,000
Collateral 159 $21,305,000 $133,000 $1,495,000 $161,000 $810,000
Unverifiable Information 75 $9,925,000 $132,000 $355,000 $152,000 $810,000
Other 66 $7,840,000 $118,000 $315,000 $234,000 $3,600,000
Employment History 9 $1,205,000 $133,000 $255,000 $173,000 $368,000
Credit Application Incomplete 1 $55,000 $55,000 $55,000 $69,000 $69,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Coastal Federal Credit Union's 2025 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 Coastal Federal Credit Union'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.
For a list of all lenders in North Carolina, download the full spreadsheet with aggregated HMDA statistics today.

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