PACIFIC TRUST MORTGAGE

What PACIFIC TRUST MORTGAGE does

Pacific Trust Mortgage, operating under the legal entity Coastal Funding SLC, Inc., is a privately held direct mortgage lender founded in 2002 and headquartered in San Luis Obispo, California. The company originates residential mortgages across California with a heavy concentration on the Central Coast (San Luis Obispo, Paso Robles, Santa Maria, Pismo Beach) and incremental expansion into San Diego. Its product portfolio spans conventional fixed-rate and jumbo loans (up to $10M), government-backed products (FHA, VA, USDA), specialty products (Non-QM with bank statement and asset depletion programs, private money, reverse mortgages, manufactured housing), and refinancing services. Underwriting and processing are managed in-house from pre-approval through funding.

The firm operates a correspondent lending model, sourcing loan products from multiple investors to deliver competitive pricing and broad product access. Technology infrastructure consists of an online mortgage application portal (ptm.mymortgage-online.com), a public-facing mortgage calculator, and standard CRM/web tooling. Differentiated service components include pre-qualification, lender responsiveness (claims of closing most loans in 30 days or less), and bilingual (English/Spanish) support. The team comprises roughly 20+ licensed mortgage professionals, several with decades of experience at firms such as Chase, Wells Fargo, JPMorgan, and Mason McDuffie.

Go-to-market is sales-led and relationship-driven: a referral network of real estate agents and repeat clients generates most business, supplemented by social media (Facebook, LinkedIn, Instagram), the company website, and direct loan-officer outreach. The customer base is entirely individual consumers and small-scale real estate investors — first-time homebuyers, veterans/military, self-employed and non-traditional income borrowers, and high-net-worth jumbo buyers. Revenue is generated via transaction fees on closed loan originations; pricing is quote-based and not publicly disclosed. The company is structurally affiliated with San Luis Capital, a private lending and real estate development entity also led by founder and President Chad Van Til.

Name

PACIFIC TRUST MORTGAGE

Legal name

Coastal Funding SLC, Inc.

Website

https://pacifictrustmortgage.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Pacific Trust Mortgage is a privately held direct mortgage lender founded in 2002 in San Luis Obispo, California, originating conventional, government, jumbo, and non-QM home loans across the Central Coast and broader California via a correspondent lending model and a referral-driven GTM.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI)

akta.pro secondary industries

Government Wholesale Lending (FHA/VA/USDA) (FSALACAE), Private Credit / Direct Lending (FSAAAHAG)

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing services
• Correspondent lending
• Government-backed mortgages

Headquarters

HQ city

San Luis Obispo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Origination Fees: Revenue earned from originating and closing mortgage loans for clients. The company acts as a direct lender and correspondent lender, managing the full loan process and earning fees on closed loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pacific Trust Mortgage is a direct mortgage lender operating under a correspondent lending model, originating and funding home loans in-house. The company provides a comprehensive suite of residential mortgage products including conventional fixed-rate, FHA, VA, USDA, jumbo, reverse, manufactured home, private money, and portfolio/non-QM loans, serving first-time homebuyers, real estate investors, veterans, and self-employed borrowers across California's Central Coast.

Product overview

Pacific Trust Mortgage operates as a direct lender with a correspondent lending model, offering a comprehensive suite of mortgage products designed to serve diverse borrower needs. Their portfolio spans conventional products (Fixed Rate Mortgages, Jumbo Loans) and government-backed options (FHA, VA, USDA loans), alongside specialized offerings for non-traditional borrowers (PORTFOLIO/NON-QM programs including bank statement verification, asset depletion, and investor programs). Additional specialty products include Private Money loans for unique property situations, Reverse Mortgages for seniors, and Manufactured Home financing. The company supplements its lending products with mortgage calculators, pre-qualification services, and refinancing options. Pacific Trust Mortgage was founded in 2002 in San Luis Obispo, CA, and serves clients throughout California with a focus on the Central Coast region.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Rate Mortgage Traditional mortgage with interest rate and monthly payments that remain constant throughout the loan term, providing stability against rising interest rates. Available with loan amounts from $25,000 to $2,000,000 for individual homebuyers.
• FHA Home Loan Government-insured mortgage with flexible qualification requirements. Offers 30-, 25-, 20-, and 15-year fixed-rate terms and 5-year adjustable-rate options; credit scores as low as 580 may qualify with down payments as low as 3.5%.
• VA Home Loan Mortgage for veterans, military members, or military spouses. Offers 30-, 20-, and 15-year fixed-rate options plus 5-year ARM loans; purchase with no money down and no monthly PMI, with refinance options up to 100% of home value.
• Jumbo Home Loan High-end financing for loan amounts exceeding traditional conforming limits. Offers loans up to $10 million with fixed or adjustable rate options for high-value property buyers.
• USDA Loan Rural development loan through the United States Department of Agriculture. Allows 0% down payment for qualifying rural properties with low interest rates; borrowers must meet income eligibility and occupy as primary residence.
• Manufactured Home Loan Financing options for manufactured and modular homes meeting HUD standards, offering various traditional mortgage loan options suited for manufactured housing buyers.
• Private Money Loan Private loans for unique situations including unique properties, bridge loans, fix and flip projects, land purchases, construction and development, credit challenges, multi-family properties, and rehab loans.
• Portfolio / Non-QM Alternative qualification programs including 1, 12, or 24-month bank statement programs for self-employed borrowers, asset depletion programs, investor programs using rental income, and assets-in-full programs.
• Reverse Mortgage Mortgage loan secured over residential property that enables borrowers to access unencumbered property value without requiring monthly mortgage payments, targeted at senior homeowners.
• Refinance Mortgage refinancing services to replace existing mortgages with new ones under different terms, including FHA, fixed rate, ARM, and VA streamline refinance options to lower monthly payments, consolidate debt, or shorten loan terms.
• Investment Property Loan Loans for vacation homes and investment properties with 30-year and 15-year loan options for investors purchasing rental or vacation properties.
• Low Down Payment Purchase Options Various low down payment programs including FHA loans with 3.5% down, VA loans with 0% down, and conventional loans with as little as 5% down for buyers with limited down payment funds.
• First Time Home Buyer Programs Specialized guidance and loan options for first-time homebuyers including pre-qualification, down payment assistance programs, and education on available loan programs suited for first-time buyers.
• Mortgage Pre-Qualification Free pre-qualification service to help buyers determine their purchasing power before house hunting, including credit score assessment and mortgage readiness evaluation.

Quantifiable outcome

• Most loans close in 30 days or less

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• American Pacific Mortgage: Independent regional direct lender offering a broad mix of conventional, government, and non-QM mortgage products through a network of branches. Closely comparable in business model and product breadth to Pacific Trust Mortgage.
• Paramount Equity (LoanPal): Direct-to-consumer mortgage and home improvement lender that built scale in non-QM and government loan channels. Comparable to Pacific Trust's mix of agency and specialty products, although materially larger.
• Everett Financial: Independent regional mortgage banker with retail and wholesale channels, offering conventional, government, and non-QM products. Closely aligned to Pacific Trust's mid-sized correspondent origination model.
• Cherry Creek Mortgage: Regional direct mortgage lender operating multiple branches with a relationship-driven, retail-focused model. Directly comparable to Pacific Trust's branch-based, referral-led Central Coast strategy.

Broad incumbents

• Movement Mortgage: Large national direct lender founded by a former loan originator and built on relationship-based retail origination. Comparable in its founder-led culture and correspondent/wholesale blend, though at substantially greater scale.
• loanDepot: Public, large national retail and wholesale mortgage lender with broad conventional, government, and HELOC products. Overlaps with Pacific Trust's core purchase/refi focus and correspondent funding model.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender operating a broker/correspondent channel. While Pacific Trust is retail-direct, both share a correspondent investor model for competitive product and pricing access.
• Caliber Home Loans: Large national mortgage originator and servicer with deep non-QM, wholesale, and correspondent capabilities. Directly relevant comparable for Pacific Trust's correspondent and specialty non-QM book.
• NewRez (formerly New Penn Financial): National mortgage lender and servicer with retail, wholesale, and correspondent channels plus a non-QM platform (Caliber Wholesale). Comparable for Pacific Trust's multi-channel product mix.
• Homebridge Financial Services: National mortgage lender operating retail, wholesale, and correspondent channels with a strong non-QM and government product set. Comparable for Pacific Trust's reliance on correspondent investor relationships.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PacificTrustMortgage
• LinkedInlinkedin.com/company/pacifictrustmortgage
• Instagraminstagram.com/pacifictrustmortgage

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PACIFIC TRUST MORTGAGE