Coastal Credit Union Expands Mortgage Options with VA Loan Programs
RALEIGH, N.C. (February 2, 2026) – Coastal Credit Union has announced the rollout of new mortgage programs designed to expand access to homeownership for more North Carolinians, especially military veterans. Coastal now offers a suite of Veterans Affairs (VA) mortgage products20, including 15 year and 30 year purchase loans, refinances, and Interest Rate Reduction Refinance Loans (IRRRL).
Coastal’s new VA loan offerings provide members with several borrower friendly advantages intended to make homeownership more accessible for eligible veterans, servicemembers, and surviving spouses. Benefits include:
- Lower closing costs
- More flexible credit requirements
- No private mortgage insurance (PMI)
“Our mission includes empowering members of modest means and strengthening our communities,” said Coastal Credit Union President & CEO Tyler Grodi. “These programs reflect our commitment to making homeownership achievable for more people across North Carolina.”
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