Skip to Main Content Skip to Sitemap

❄️❄️Branches and HQ are closed on Monday. Teller service is currently available. Visit the Inclement Weather page for details.❄️❄️

Unsecured Line of Credit

Get the financing you need for the things you want.

A flexible line of credit provides financing that fits

Here's how an Unsecured Line of Credit could help you bank better:

  • Borrow up to $50,000
  • Pay interest only on the money you use
  • Transfer funds through Online Banking to your Coastal account for quick, anytime access
  • This line of credit is eligible for an annual Loyalty Bonus payout, which has totaled $11.7 million paid to members since we started the program

Borrow on the strength of your credit score.

If you have a large expense or project in the works but aren't sure how much money you need, Coastal's Unsecured Line of Credit can be the answer. You don't have to post any collateral. You're approved based on your credit score. Our options help you get the money you need for any type of expense.

Earn more cash back when you shop.

I was able to buy my first home on my own without using all of my savings.
Margaret H.

Frequently Asked Questions

There are two options to make principal only payments. (Excludes first mortgages and VISA Credit Cards)

You can pay an extra amount at the same time you make your regularly scheduled payment. The extra amount paid will automatically be applied to the principal balance. The regular payment and the extra amount must be applied on the same date with this option.

You can make principal only payments at other times as long as your loan is current. Please note, a principal only payment will not advance your due date, and will not take the place of normal monthly payments.

When mailing a check for principal only payments, clearly indicate in the memo section of the check, "PRINCIPAL ONLY" and the account number. Any payment applied as principal and interest, that is not notated "PRINCIPAL ONLY", cannot be reversed and reapplied later.

Please email with any questions.

Coastal only issues 1098 Mortgage Interest Statements for accounts that paid $600 or more in interest during the calendar year. The exact amount of interest paid on your mortgage loan is listed on your December statement.

All loans are subject to approval.

Need help?

Send us a secured message: