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Whether you're buying, building, or refinancing, Coastal holds the key.
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Maybe you have a super-sized family with lots of wonderful kids. Maybe you’re opening your heart and home to aging parents or in-laws. Or maybe you’ve achieved business success and are looking for a little luxury in your life.
Because some folks want bigger homes, we offer Jumbo mortgages. Coastal will let you borrow up to $1 million; because we keep your loan with us, we’re willing to offer more than banks that sell mortgages outright to make a quick buck. We’ll also let you borrow up to 95% of the home’s value. That means a lower down payment, which could do wonders for your cash flow. Finally, we can close most purchase loans within 30 days. (A refinancing might take a bit longer.) Just because you’re going big doesn’t mean you’ll settle for slow.
For a $525,000 loan for a term of 30 years with a 4.50% APR, the monthly payment is $2,660.00. Taxes and insurance are not included in this payment example and that the actual payment obligation could be greater. All loans are subject to approval.
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