1. Up to 105% loan to value (LTV) financing on home purchases. Up to home’s purchase price or appraised value, whichever is less. For loans with an LTV exceeding 100%, borrower must establish direct deposit and have a qualifying Coastal deposit account in addition to the Primary Share account.
For a $400,000 loan for a term of 30 yrs. with a 6.0% APR, the monthly payment is $2,398.00. Taxes and insurance are not included in this payment example, the actual payment obligation will be greater. All loans are subject to approval. Additional product restrictions, terms, and conditions may apply. Membership eligibility required.
For a $400,000 loan and a term of 20 yrs. with a 6.0% APR, the monthly payment is $2,866.00. Taxes and insurance are not included in this payment example, the actual payment obligation will be greater. All loans are subject to approval. Additional product restrictions, terms, and conditions may apply. Membership eligibility required.
For a $400,000 loan and a term of 15 yrs. with a 6.0% APR, the monthly payment is $3,375.00. Taxes and insurance are not included in this payment example, the actual payment obligation will be greater. All loans are subject to approval. Additional product restrictions, terms, and conditions may apply. Membership eligibility required.
For a $400,000 loan and a term of 10 yrs. with a 6.0% APR, the monthly payment is $4,441.00. Taxes and insurance are not included in this payment example, the actual payment obligation will be greater. All loans are subject to approval. Additional product restrictions, terms, and conditions may apply. Membership eligibility required.
2. All loans are subject to approval. Additional product restrictions, terms, and conditions may apply. Membership eligibility required