Coastal Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Coastal Federal Credit Union 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Coastal Federal Credit Union
Po Box 99167
Raleigh, NC 27624
Tel #: available with data download
Federal Regulator * available with data download
Years 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 6,205
Total Mortgage Loan Application Amount $1,076,255,000
Average Mortgage Loan Application Amount $203,800
Highest Mortgage Loan Application Amount $8,105,000
Average Applicant Income $144,200
Highest Applicant Income $7,283,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Coastal Federal Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Coastal Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2023 breaks down Coastal Federal Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Coastal Federal Credit Union serves its applicants.

Each category highlights the total number of mortgage applications processed by Coastal Federal Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Coastal Federal Credit Union's mortgage activity for 2023.

Mortgage Loan Application Totals for Coastal Federal Credit Union by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Wake County North Carolina 3,069 $ 552,565,000 $ 180,000 $ 157,000
Durham County North Carolina 539 $ 88,795,000 $ 164,000 $ 125,000
Johnston County North Carolina 486 $ 63,140,000 $ 129,000 $ 119,000
Franklin County North Carolina 188 $ 26,520,000 $ 141,000 $ 116,000
Mecklenburg County North Carolina 144 $ 25,480,000 $ 176,000 $ 148,000
Chatham County North Carolina 121 $ 29,555,000 $ 244,000 $ 175,000
Harnett County North Carolina 120 $ 18,930,000 $ 157,000 $ 107,000
Orange County North Carolina 113 $ 23,085,000 $ 204,000 $ 168,000
Granville County North Carolina 98 $ 14,380,000 $ 146,000 $ 114,000
Guilford County North Carolina 72 $ 12,100,000 $ 168,000 $ 131,000
New Hanover County North Carolina 72 $ 16,940,000 $ 235,000 $ 163,000
Nash County North Carolina 71 $ 7,885,000 $ 111,000 $ 100,000
Alamance County North Carolina 69 $ 10,445,000 $ 151,000 $ 99,000
Brunswick County North Carolina 61 $ 16,015,000 $ 262,000 $ 187,000
Lee County North Carolina 52 $ 6,360,000 $ 122,000 $ 102,000
Cabarrus County North Carolina 45 $ 7,675,000 $ 170,000 $ 140,000
Cumberland County North Carolina 37 $ 3,495,000 $ 94,000 $ 114,000
Union County North Carolina 35 $ 6,875,000 $ 196,000 $ 155,000
Vance County North Carolina 35 $ 2,845,000 $ 81,000 $ 95,000
Moore County North Carolina 34 $ 10,850,000 $ 319,000 $ 204,000
Onslow County North Carolina 33 $ 6,635,000 $ 201,000 $ 139,000
Carteret County North Carolina 31 $ 9,575,000 $ 308,000 $ 173,000
Forsyth County North Carolina 31 $ 6,905,000 $ 222,000 $ 137,000
Buncombe County North Carolina 27 $ 5,165,000 $ 191,000 $ 192,000
Iredell County North Carolina 27 $ 5,745,000 $ 212,000 $ 140,000
Wayne County North Carolina 26 $ 1,840,000 $ 70,000 $ 79,000
Pitt County North Carolina 25 $ 2,315,000 $ 92,000 $ 123,000
Wilson County North Carolina 25 $ 2,875,000 $ 115,000 $ 117,000
Edgecombe County North Carolina 23 $ 1,325,000 $ 57,000 $ 69,000
Person County North Carolina 20 $ 2,510,000 $ 125,000 $ 99,000
Pender County North Carolina 18 $ 5,120,000 $ 284,000 $ 201,000
Gaston County North Carolina 15 $ 2,735,000 $ 182,000 $ 131,000
Craven County North Carolina 13 $ 1,625,000 $ 125,000 $ 100,000
Rowan County North Carolina 13 $ 855,000 $ 65,000 $ 92,000
Catawba County North Carolina 12 $ 1,550,000 $ 129,000 $ 95,000
Lincoln County North Carolina 12 $ 2,450,000 $ 204,000 $ 127,000
Randolph County North Carolina 12 $ 1,060,000 $ 88,000 $ 84,000
Davidson County North Carolina 11 $ 1,915,000 $ 174,000 $ 117,000
Watauga County North Carolina 11 $ 3,815,000 $ 346,000 $ 195,000
Horry County South Carolina 11 $ 1,765,000 $ 160,000 $ 148,000
York County South Carolina 11 $ 1,655,000 $ 150,000 $ 144,000
Sampson County North Carolina 10 $ 1,110,000 $ 111,000 $ 99,000
Ashe County North Carolina 9 $ 2,275,000 $ 252,000 $ 167,000
Stanly County North Carolina 9 $ 665,000 $ 73,000 $ 82,000
Warren County North Carolina 8 $ 1,580,000 $ 197,000 $ 319,000
Charleston County South Carolina 8 $ 1,000,000 $ 125,000 $ 176,000
Caldwell County North Carolina 7 $ 2,745,000 $ 392,000 $ 214,000
Halifax County North Carolina 7 $ 1,235,000 $ 176,000 $ 122,000
Lancaster County South Carolina 7 $ 1,175,000 $ 167,000 $ 178,000
Currituck County North Carolina 6 $ 1,810,000 $ 301,000 $ 229,000
Haywood County North Carolina 6 $ 1,030,000 $ 171,000 $ 126,000
Henderson County North Carolina 6 $ 2,230,000 $ 371,000 $ 242,000
Rutherford County North Carolina 6 $ 1,410,000 $ 235,000 $ 216,000
Beaufort County North Carolina 5 $ 825,000 $ 165,000 $ 213,000
Cleveland County North Carolina 5 $ 1,045,000 $ 209,000 $ 151,000
Dare County North Carolina 5 $ 1,445,000 $ 289,000 $ 273,000
Duplin County North Carolina 5 $ 305,000 $ 61,000 $ 92,000
Mitchell County North Carolina 5 $ 675,000 $ 135,000 $ 124,000
Rockingham County North Carolina 5 $ 775,000 $ 155,000 $ 166,000
Providence County Rhode Island 5 $ 455,000 $ 91,000 $ 1,175,000
Burke County North Carolina 4 $ 360,000 $ 90,000 $ 78,000
Lenoir County North Carolina 4 $ 640,000 $ 160,000 $ 96,000
Perquimans County North Carolina 4 $ 170,000 $ 42,000 $ 110,000
Stokes County North Carolina 4 $ 580,000 $ 145,000 $ 282,000
Swain County North Carolina 4 $ 1,120,000 $ 280,000 $ 343,000
Richland County South Carolina 4 $ 610,000 $ 152,000 $ 109,000
Spartanburg County South Carolina 4 $ 490,000 $ 122,000 $ 142,000
Mecklenburg County Virginia 4 $ 1,560,000 $ 390,000 $ 215,000
Hillsborough County Florida 3 $ 275,000 $ 91,000 $ 307,000
Fulton County Georgia 3 $ 345,000 $ 115,000 $ 307,000
Gwinnett County Georgia 3 $ 75,000 $ 25,000 $ 40,000
Hoke County North Carolina 3 $ 255,000 $ 85,000 $ 137,000
Madison County North Carolina 3 $ 345,000 $ 115,000 $ 75,000
Montgomery County North Carolina 3 $ 805,000 $ 268,000 $ 125,000
Robeson County North Carolina 3 $ 135,000 $ 45,000 $ 71,000
Anderson County South Carolina 3 $ 115,000 $ 38,000 $ 70,000
Danville County Virginia 3 $ 375,000 $ 125,000 $ 141,000
Santa Clara County California 2 $ 510,000 $ 255,000 $ 257,000
Osceola County Florida 2 $ 320,000 $ 160,000 $ 66,000
Avery County North Carolina 2 $ 890,000 $ 445,000 $ 168,000
Chowan County North Carolina 2 $ 560,000 $ 280,000 $ 120,000
Davie County North Carolina 2 $ 270,000 $ 135,000 $ 256,000
Greene County North Carolina 2 $ 460,000 $ 230,000 $ 120,000
Macon County North Carolina 2 $ 630,000 $ 315,000 $ 309,000
Pamlico County North Carolina 2 $ 800,000 $ 400,000 $ 265,000
Polk County North Carolina 2 $ 970,000 $ 485,000 $ 131,000
Richmond County North Carolina 2 $ 320,000 $ 160,000 $ 113,000
Surry County North Carolina 2 $ 50,000 $ 25,000 $ 91,000
Transylvania County North Carolina 2 $ 300,000 $ 150,000 $ 138,000
Wilkes County North Carolina 2 $ 400,000 $ 200,000 $ 143,000
Yadkin County North Carolina 2 $ 170,000 $ 85,000 $ 147,000
Beaufort County South Carolina 2 $ 350,000 $ 175,000 $ 219,000
Pickens County South Carolina 2 $ 510,000 $ 255,000 $ 103,000
Carroll County Virginia 2 $ 180,000 $ 90,000 $ 86,000
Chesterfield County Virginia 2 $ 190,000 $ 95,000 $ 78,000
Franklin County Virginia 2 $ 590,000 $ 295,000 $ 182,000
Halifax County Virginia 2 $ 160,000 $ 80,000 $ 141,000
Loudoun County Virginia 2 $ 410,000 $ 205,000 $ 265,000
Portsmouth County Virginia 2 $ 90,000 $ 45,000 $ 85,000
Lee County Alabama 1 $ 55,000 $ 55,000 $ 118,000
Mono County California 1 $ 65,000 $ 65,000 $ 151,000
Orange County California 1 $ 255,000 $ 255,000 $ 72,000
Baca County Colorado 1 $ 55,000 $ 55,000 $ 95,000
Jefferson County Colorado 1 $ 185,000 $ 185,000 $ 180,000
Brevard County Florida 1 $ 115,000 $ 115,000 $ 2,297,000
Broward County Florida 1 $ 55,000 $ 55,000 $ 57,000
Orange County Florida 1 $ 55,000 $ 55,000 $ 149,000
Palm Beach County Florida 1 $ 45,000 $ 45,000 $ 87,000
St. Lucie County Florida 1 $ 35,000 $ 35,000 $ 66,000
Volusia County Florida 1 $ 35,000 $ 35,000 $ 118,000
Bartow County Georgia 1 $ 45,000 $ 45,000 $ 114,000
Cobb County Georgia 1 $ 15,000 $ 15,000 $ 58,000
Lafayette County Louisiana 1 $ 35,000 $ 35,000 $ 624,000
Cumberland County Maine 1 $ 105,000 $ 105,000 $ 160,000
Prince George's County Maryland 1 $ 165,000 $ 165,000 $ 225,000
Bristol County Massachusetts 1 $ 45,000 $ 45,000 $ 43,000
Hampshire County Massachusetts 1 $ 105,000 $ 105,000 $ 132,000
Oakland County Michigan 1 $ 65,000 $ 65,000 $ 120,000
Shiawassee County Michigan 1 $ 65,000 $ 65,000 $ 182,000
Warren County New Jersey 1 $ 65,000 $ 65,000 $ 98,000
Nassau County New York 1 $ 25,000 $ 25,000 $ 222,000
Alleghany County North Carolina 1 $ 175,000 $ 175,000 $ 136,000
Bladen County North Carolina 1 $ 55,000 $ 55,000 $ 77,000
Caswell County North Carolina 1 $ 75,000 $ 75,000 $ 112,000
Cherokee County North Carolina 1 $ 25,000 $ 25,000 $ 71,000
Columbus County North Carolina 1 $ 225,000 $ 225,000 $ 60,000
Graham County North Carolina 1 $ 255,000 $ 255,000 $ 187,000
Jones County North Carolina 1 $ 15,000 $ 15,000 $ 40,000
Martin County North Carolina 1 $ 25,000 $ 25,000 $ 92,000
McDowell County North Carolina 1 $ 85,000 $ 85,000 $ 205,000
Washington County North Carolina 1 $ 55,000 $ 55,000 $ 80,000
Yancey County North Carolina 1 $ 175,000 $ 175,000 $ 204,000
Crawford County Ohio 1 $ 45,000 $ 45,000 $ 300,000
Kent County Rhode Island 1 $ 25,000 $ 25,000 $ 144,000
Washington County Rhode Island 1 $ 55,000 $ 55,000 $ 186,000
Berkeley County South Carolina 1 $ 215,000 $ 215,000 $ 64,000
Cherokee County South Carolina 1 $ 35,000 $ 35,000 $ 57,000
Dorchester County South Carolina 1 $ 205,000 $ 205,000 $ 64,000
Georgetown County South Carolina 1 $ 25,000 $ 25,000 $ 133,000
Greenville County South Carolina 1 $ 195,000 $ 195,000 $ 60,000
Laurens County South Carolina 1 $ 75,000 $ 75,000 $ 65,000
Lexington County South Carolina 1 $ 85,000 $ 85,000 $ 140,000
Sevier County Tennessee 1 $ 205,000 $ 205,000 $ 218,000
Denton County Texas 1 $ 85,000 $ 85,000 $ 1,091,000
Goliad County Texas 1 $ 15,000 $ 15,000 $ 34,000
Harris County Texas 1 $ 255,000 $ 255,000 $ 72,000
Albemarle County Virginia 1 $ 55,000 $ 55,000 $ 76,000
Alexandria County Virginia 1 $ 1,505,000 $ 1,505,000 $ 538,000
Amherst County Virginia 1 $ 325,000 $ 325,000 $ 144,000
Augusta County Virginia 1 $ 105,000 $ 105,000 $ 324,000
Botetourt County Virginia 1 $ 105,000 $ 105,000 $ 185,000
Brunswick County Virginia 1 $ 725,000 $ 725,000 $ 367,000
Covington County Virginia 1 $ 15,000 $ 15,000 $ 42,000
Grayson County Virginia 1 $ 115,000 $ 115,000 $ 50,000
Henrico County Virginia 1 $ 85,000 $ 85,000 $ 78,000
Lexington County Virginia 1 $ 415,000 $ 415,000 $ 196,000
Montgomery County Virginia 1 $ 45,000 $ 45,000 $ 106,000
Norfolk County Virginia 1 $ 205,000 $ 205,000 $ 4,800,000
Northumberland County Virginia 1 $ 75,000 $ 75,000 $ 0
Prince William County Virginia 1 $ 475,000 $ 475,000 $ 176,000
Richmond City County Virginia 1 $ 105,000 $ 105,000 $ 116,000
Roanoke County Virginia 1 $ 345,000 $ 345,000 $ 130,000
Spotsylvania County Virginia 1 $ 35,000 $ 35,000 $ 63,000
Stafford County Virginia 1 $ 75,000 $ 75,000 $ 95,000
Suffolk County Virginia 1 $ 105,000 $ 105,000 $ 174,000
Washington County Virginia 1 $ 155,000 $ 155,000 $ 145,000

Mortgage Loan Application Detail Totals for Coastal Federal Credit Union in 2023

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
Other Purpose 1,995 $183,655,000 $92,000 $505,000 $134,000 $7,283,000
Home Improvement 1,915 $188,775,000 $98,000 $605,000 $143,000 $4,800,000
Home Purchase 1,352 $519,630,000 $384,000 $8,105,000 $174,000 $5,562,000
Refinancing 748 $131,430,000 $175,000 $1,825,000 $149,000 $1,105,000
Cash-out Refinancing 195 $52,765,000 $270,000 $885,000 $121,000 $358,000
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 3,646 $605,060,000 $165,000 $2,315,000 $147,000 $7,283,000
Not Provided 930 $150,360,000 $161,000 $1,825,000 $156,000 $4,800,000
Black or African American 800 $118,300,000 $147,000 $1,125,000 $122,000 $5,562,000
Hispanic 367 $56,835,000 $154,000 $1,505,000 $133,000 $1,296,000
Asian 290 $73,050,000 $251,000 $1,505,000 $179,000 $4,959,000
American Indian or Alaskan Native 32 $5,920,000 $185,000 $605,000 $140,000 $353,000
Not applicable 16 $12,650,000 $790,000 $8,105,000 $0 $0
Native Hawaiian or Other Pacific Islander 8 $580,000 $72,000 $205,000 $92,000 $120,000

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) 6,205 $1,076,255,000 $173,000 $8,105,000 $147,000 $7,283,000
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 3,639 $676,905,000 $186,000 $8,105,000 $155,000 $1,105,000
Application Denied By Financial Institution 2,050 $227,850,000 $111,000 $1,185,000 $128,000 $7,283,000
Application Withdrawn By Applicant 311 $97,135,000 $312,000 $1,165,000 $148,000 $1,976,000
File Closed For Incompleteness 107 $38,345,000 $358,000 $1,025,000 $196,000 $4,959,000
Application Approved But Not Accepted 98 $36,020,000 $367,000 $1,045,000 $156,000 $520,000
Loan Purchased By The Institution 0 $0 $0 $0 $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 4,155 $848,405,000 $204,000 $8,105,000 $156,000 $4,959,000
Credit History 706 $65,110,000 $92,000 $535,000 $130,000 $7,283,000
Other 610 $64,040,000 $104,000 $605,000 $157,000 $5,562,000
Debt-To-Income Ratio 600 $81,860,000 $136,000 $695,000 $86,000 $423,000
Collateral 83 $9,725,000 $117,000 $805,000 $162,000 $1,296,000
Unverifiable Information 37 $4,425,000 $119,000 $285,000 $238,000 $3,060,000
Employment History 12 $2,470,000 $205,000 $1,185,000 $149,000 $420,000
Insufficient Cash (Downpayment, Closing Cost) 2 $220,000 $110,000 $135,000 $79,000 $94,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Coastal Federal Credit Union's 2023 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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