Coastal’s Approach To Homebuying

At Coastal, we genuinely mean it when we say “Bank Better to Live Better.” Our goal is to empower our members, employees and the community to achieve better quality of life through financial plans and products.

Buying a home is at the core, for many, of what it means to “live better.” That could come from the financial benefits of building equity through real estate or simply through turning a key every day to walk through the door of a house you love.

Many people are still intimidated by the idea that buying a home requires the financial means to put 20% down on the property you want. That’s just not the case. Understanding the process of buying a home, the options available to you, and how to create a path to ownership is something we think is vital for our members. Information and education are key to making smart decisions in the housing market.

At Coastal, we strive to provide trustworthy partnership to our members and community, and we create loan products specifically to meet the needs of a complex, competitive market. For example, we offer a mortgage that allows for financing up to 105% of your home’s purchase price¹ for those who qualify. This provides flexibility to do things such as increase due diligence offers, account for deferred maintenance costs, or provide additional cash for closing costs.

Whatever “Bank Better to Live Better” means to you, Coastal is committed to helping you achieve it.

See Coastal's Mortgage Options