Coastal also offers unique financing for those members looking to buy or refinance a home above $424,100. Because we keep your loan at Coastal, we are willing to loan more on your home than banks that often sell the mortgages outright to make a quick buck.
All fixed rate and adjustable rate options are available up to $1 Million
Financing up to 95% LTV (loan to value), while banks generally only go up to 90% LTV
Other Key Coastal differentiators:
We never sell the servicing of your mortgage, making sure you will continue to work with people here in the Triangle whenever you have a question
Underwriting fees are often used by mortgage lenders as a way to add profit for them without adding value to you. But, not at Coastal. We only charge a $400 flat fee for underwriting, meaning we don't charge for document prep fees, commitment fees or credit report fees. This saves you hundreds of dollars in unnecessary fees. Read more about our commitment to eliminating unnecessary fees throughout Coastal.
Coastal is committed to affordable housing in our community. Read more about Coastal's commitment to Habitat for Humanity of Wake County and our recording breaking year.
To learn more about our mortgages, to apply online or to connect with a Mortgage Loan Officer closest to you, please select from the options below: